Business Wire

The Dillard's Inc. department store chain says it is eliminating about 500 jobs from its workforce of 60,000 people.

Ford Motor Co. says it is exploring the possible sale of its five corporate jets.

The retailer says it will not implement a major shareholder's proposal to create a real estate investment trust.

Billionaire investor Warren Buffett says U.S. automakers need a new business model to better compete, whether it takes bankruptcy or a government bailout to achieve.

Money-transfer agent Western Union Co. says it will eliminate some 200 jobs around the world, including management and staff, as a result of a "challenging economic environment."