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Ford to offer union buyouts at two U.S. plants 2 May 08, 19:10 ET Reuters - Ford Motor Co will offer buyouts to United Auto Workers union-represented hourly employees at plants in Chicago and Louisville, Kentucky, to try to trim its ranks, the company said on Friday. more Linens 'n Things files for bankruptcy protection 2 May 08, 19:02 ET AP - A Chapter 11 bankruptcy filing by Linens 'n Things is the latest sign that the retail sector is becoming leaner and meaner amid a difficult consumer environment. more Fed backs credit card reforms 2 May 08, 16:58 ET Reuters - The Federal Reserve on Friday joined other U.S. banking regulators in backing new limits on certain billing practices by credit card companies. more Fed OKs plan to rein in unfair, deceptive credit cards 2 May 08, 16:51 ET AP - The Federal Reserve and other regulators initiated steps Friday to end "unfair and deceptive" credit card industry practices assailing consumers who are already struggling to cope in a bad economy. more Linens 'n Things files for bankruptcy 2 May 08, 11:55 ET Reuters - Home goods retailer Linens 'n Things has filed for Chapter 11 bankruptcy protection and plans to close 120 underperforming stores, the company said on Friday. more

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