Reuters - Wachovia Corp ousted its chief executive, sending the bank's shares lower on speculation that loan losses tied to the purchase of a big mortgage lender could widen.

Reuters - General Motors Corp , facing a sinking U.S. market for trucks and SUVs, is expected to unveil steps on Tuesday to conserve cash and cut production of slower-selling models in a bid to shore up a faltering restructuring now in its third year, according to analysts.

Reuters - Lehman Brothers Holdings Inc may raise billions of dollars of fresh capital, suggesting the investment bank will post its first quarterly loss since going public, the Wall Street Journal said on Tuesday, citing sources familiar with the matter.

Reuters - Yahoo Inc executives dismissed a search-advertising deal with Google due to antitrust concerns, one day before Microsoft Corp made its takeover offer earlier this year, according to court documents made public on Monday.

AP - Investors examine the same key economic reports at the start of every month — on manufacturing, the service sector and employment. This week, they'll be looking at these indicators for inflation clues as much as they will for insight into economic growth.

Reuters - Manufacturing contracted in May for the fourth consecutive month and inflation pressures surged to their highest in four years, heightening fears the world's largest economy could be sliding toward stagflation.

Reuters - Stocks slid on Monday on renewed fears the credit crunch has yet to run its course after Standard & Poor's cut its ratings on three big securities firms, Wachovia ousted its chief executive, and a British mortgage lender said the UK home market was in dire straits.

Reuters - The future of the long-running legal battle over former New York Stock Exchange chairman Richard Grasso's $187.5 million compensation package will be weighed by the state's highest court on Tuesday.

Reuters - Standard & Poor's in a sweeping move on Monday that rocked markets cut ratings on a number of major U.S. securities firms including Lehman Brothers Inc and said outlooks on the large U.S. financial institutions are now mostly negative.

Reuters - Wachovia Corp ousted its chief executive, following growing legal troubles and loan losses tied to the purchase of a big mortgage lender just before the housing market imploded.

AP - Most of the 8,000 children found alone after China's devastating earthquake have been reunited with their parents, Chinese officials said Friday.