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  • Auto heads on hot seat, again

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Auto heads on hot seat, again

Jobless claims were down slightly last week, but continued claims hit a 26-year high, according to the Labor Department. AT&T and DuPont announced job cut plans as demand slows. Merck lowered 2009 expectations. Wal-Mart topped sales for November, but many of its peers were not as fortunate. Conway Gittens reports from New York.

Reuters | December 4, 2008Watch more videos from Reuters

Tags:. .gittens. .merck. .dupont. .jobless. .conway











According   Announced   Auto   Claims   Continued   Conway   Cut   Demand   Dupont   Expectations   Fortunate   Gittens   Job   Jobless   Labor Department   Lowered   Merck   New York   November   Peers   Sales   Seat   Slightly   Slows   Walmart