The global downturn is reaching deep into the heart of the country’s once-rapid industrial transformation. Read more..

By DAVID BARBOZA - The New York Times

Some of the nation’s universities are trying to sell chunks of their portfolios privately as their endowments swoon with the markets. Read more..

By CLAIRE CAIN MILLER and GERALDINE FABRIKANT - The New York Times

Car dealers, parts makers, union leaders and others intend to tell lawmakers that the auto industry is vital to the economy. Read more..

By NICK BUNKLEY - The New York Times

Atlantic is the first major label to report getting a majority of its revenue from digital sales, not CDs. Read more..

By TIM ARANGO - The New York Times

The former investment bank, now a bank holding company, plots its future. Read more..

By LOUISE STORY - The New York Times

The first audit of the $700 billion financial rescue plan is expected to be critical of the Treasury Department’s failure to set up ways to track how its bailout money is being used. Read more..

By DIANA B. HENRIQUES - The New York Times

A lawyer for the billionaire Kirk Kerkorian was sentenced for hiring a private investigator to wiretap the phone of Mr. Kerkorian’s ex-wife. Read more..

By BLOOMBERG NEWS - The New York Times

As banks slam the brakes on lending, companies and consumers are slamming on the brakes, too. Read more..

By HUGO DIXON and JOHN FOLEY - The New York Times

Parkcentral Capital Management, an investment firm that manages money for the family of Ross Perot, is liquidating a fixed-income hedge fund because it is “no longer viable.” Read more..

By BLOOMBERG NEWS - The New York Times

Parents, especially mothers, are putting off personal spending to buy their children the latest toys. Read more..

By STEPHANIE ROSENBLOOM - The New York Times