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DETROIT -- Chrysler LLC is planning to cut 1,000 salaried jobs by Sept. 30, in an effort to cut costs amid a deep slump in U.S. auto sales, according to a memo sent to employees.

"To respond to the current market conditions, an incremental manpower reduction of 1,000 salaried employees by September 30, 2008 will be required," Nancy Rae, Chrysler's human-resources director, wrote. A company spokesman confirmed the accuracy of the memo.

AP - With the cost of everything from air conditioning to whipped cream rising, many restaurants have been raising prices. LongHorn Steakhouse is passing on part of the tab to its servers.

Reuters - Amazon.com Inc said on Wednesday quarterly net income doubled on a 41 percent rise in revenue, helped by higher operating profit margins.

Reuters - San Diego City Attorney Michael Aguirre said on Wednesday he had filed a lawsuit against Bank of America Corp and its Countrywide unit to prevent the mortgage lenders from foreclosing on homes in his city, which he aims to make a "foreclosure sanctuary."

AP - The country slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike.

Reuters - The pace of U.S. economic activity slowed somewhat through mid-July and price pressures were elevated or increasing across the country, the U.S. Federal Reserve said on Wednesday in a report showing evidence of inflation warning signs across the country.

Reuters - Brewer Anheuser-Busch Cos Inc , which has agreed to be acquired by Belgian rival InBev NV , reported higher quarterly profit on Wednesday, helped by price increases and the launch of Bud Light Lime.

Reuters - Brewer Anheuser-Busch Cos Inc , which has agreed to be acquired by Belgian rival InBev NV , reported higher quarterly profit on Wednesday, helped by the launch of Bud Light Lime.

Reuters - Boeing Co reported a bigger-than-expected 19 percent drop in quarterly profit on Wednesday as it took a charge on a delayed military plane contract and suffered effects of its troubled 787 Dreamliner program.

Reuters - The world's two biggest drugmakers, Pfizer Inc and GlaxoSmithKline Plc , both beat expectations for quarterly earnings on Wednesday, as did Wyeth , indicating the sector's resilience.