Wall Street: The bear is back

Stocks slumped Wednesday, with the Dow and Nasdaq ending in bear market territory on record oil prices, a 15% slump in GM stock and worries ahead of the June jobs report and ECB interest-rate decision, both due Thursday.

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Team source: Jets hire Cohen as assistant GM (AP)

AP - The New York Jets have hired Scott Cohen for their newly created position of assistant general manager, according to a person with the team.

Team source: Jets hire Cohen as assistant GM (AP)

AP - The New York Jets have hired Scott Cohen for their newly created position of assistant general manager, according to a person with the team.

UAW, GM Lordstown have local contract deal

General Motors has only promised production until 2009 at an assembly plant in northeast Ohio where local UAW officials planned today to discuss a new labor agreement they’ve reached with management.