The government indicates that consumers cut back further on their spending in April.

The automaker's No. 2 executive said Tuesday GM is selling below trends for the third straight year.

UPS, the world's largest shipping carrier, says it has ordered 200 hybrid electric vehicles and another 300 compressed natural gas vehicles.

Hewlett-Packard says it will buy Electronic Data Systems for about 13.2 billion dollars in a move to more than double its services revenue and become a bigger challenger to IBM.

Sites in Alabama, Tennessee and Michigan have been named in the running for the new plant, but the company wouldn't yet say where the facility will be.