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- Circuit City to close 155 stores, lay off 17% of its U.S. workers (The Philadelphia Inquirer)
RICHMOND, Va. - Circuit City Stores Inc. said yesterday that it was closing 155 stores and cutting thousands of jobs to try to withstand consumers reluctant to spend and vendors less than eager to give the company badly needed loans.
- UPI NewsTrack Business (UPI)
Markets gain in spite of GDP ... Motorola to cut 3,000 jobs ... Perks in Detroit: A tradition with wheels ... Faeroe Islands offers Iceland a loan ... News from United Press International.
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