 | Wachovia, Citigroup, Wells agree to standstill
Wachovia, Wells Fargo and Citigroup have agreed to a standstill of all formal litigation activity, a sign that the three banks and the Federal Reserve are working feverishly to reach an agreement over Wachovia's fate.
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 | Wall Street bounces back after global rout
Wall Street is moderately higher in early trading, with investors encouraged by a Federal Reserve plan to buy massive amounts of short-term debt from companies.
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 | GM could sell Detroit headquarters to raise cash
A General Motors official says the automaker could consider selling its downtown Detroit headquarters as part of a way to raise cash, but plans to stay in the towering complex.
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 | Daimler says it plans to lower production
The Stuttgart-based company had already announced plans this summer to adjust production. But it said Tuesday it would stop production at its largest German facility, Sindelfingen, earlier than usual at year's end, on Dec. 17.
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 | Kraft to cut 400 jobs in North America
Northfield-based Kraft Foods says it's cutting 400 jobs in North America to reduce costs.
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