From affluent shoppers at Saks to bargain-hunters at Target, from Home Depot to office supplier Staples, consumers are pulling back and that's hurting retailers and raising more concerns about how they'll do the rest of the year.

Luxury goods retailer Saks Inc. reported a wider-than-expected loss for the second quarter on Tuesday and delivered a downbeat forecast for the year as its affluent customers cut back on apparel amid a slowing economy.

General Motors Corp. said Tuesday it will extend employee discounts to everyone on almost all of its 2008 and some of its 2009 models as it seeks to clear its remaining inventory of 2008 vehicles.

Venezuelan government officials backed by National Guard troops seized control of cement plants owned by Mexico's Cemex SAB after failing to reach a deal on terms for nationalizing them.

Venezuelan government officials backed by National Guard troops seized control of cement plants owned by Mexico's Cemex SAB after failing to reach a deal on terms for nationalizing them.