Press Digest – New York Times business news – June 4

June 4 – The following were the top stories in the New York Times business pages on Wednesday.
* With no end in sight for elevated gas prices, General Motors Corp (GM.N: Quote, Profile, Research) announced drastic cuts in production of sport utility vehicles and pickups on Tuesday and stepped up plans for smaller cars [...]


Woman and Two Men Arrested for Using Counterfeit Credit Cards

(From left) Jany Perez, Jaider Molina and Andersson Marquez.

Lakeland, Florida detectives have arrested a woman and two men Tuesday afternoon and charging them with using counterfeit credit cards to buy more than $22,000 in goods from Wal-Mart stores.Jany Perez (25), Andersson Marquez (30) and Jaider Molina(32) are being charged with grand theft and [...]


Three out of four Americans say they aren’t saving enough

A new analysis of Americans shows that most people are not saving as much as they should at the same time people do not seem to be too concerned about it according to Pew Research Center’s Social & Demographic Trends project.
Three out of four Americans say they are not saving enough, according to the survey [...]