Media preview day at the North American International Auto Show

Chrysler CEO Bob Nardelli speaks outside of the Cobo center at the debut of the updated Ram 1500 during the 2008 North American International Auto Show in Detroit January 13, 2008. (UPI Photo/Mark Cowan)

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Chrysler to cut 5,000 white collar jobs

AUBURN HILLS, Mich., Oct. 24 (UPI) -- Chrysler LLC said Friday it would trim its white-collar and supplemental staff by 25 percent with voluntary layoffs beginning in November.

Detroit automakers see slowdown

DETROIT, June 22 (UPI) -- Detroit's automakers face a dire sales year because of rising gas prices and a slowing national economy, analysts say.

Chrysler expected to trim slow-sellers

DETROIT, Oct. 18 (UPI) -- U.S. carmaker Chrysler is expected to announce it is dropping some slow-selling models and looking for ways to cut back on dealerships.

Embattled Home Depot CEO resigns

ATLANTA, Jan. 3 (UPI) -- Home Depot Inc. Chairman Bob Nardelli has left the U.S. home-improvement retailer, taking a $210 million severance package with him, the company said Wednesday.

Home Depot buys Chinese peer

BEIJING, Dec. 13 (UPI) -- Home Depot Inc., the world's largest home improvement retailer, said Wednesday it is buying a Chinese peer in a deal set to close within days.