Cuts News

Hewlett-Packard Co., the largest personal-computer maker, forecast fiscal third-quarter profit that topped analysts' estimates after the company cut costs to counter slumping demand for desktops and laptops.

Detroit may run out of cash next month and must cut costs such as long-term debt and retiree obligations, according to emergency financial manager Kevyn Orr's preliminary plan to improve services and keep Michigan 's largest city out of bankruptcy.

Cuts in President Obama's fiscal year 2014 defense budget submission are troubling , according to Mike Rogers , Chairman of the Strategic Forces Subcommittee, House Armed Services Committee.

The California National Guard 's ability to supply planes and helicopters to fight wildfires in a season already above normal may be jeopardized by automatic federal budget cuts, according to the two-star general who commands the force.

Researchers presented an in-depth study of 85,000 women on Friday, which found that women who were physically active had a lower risk of developing kidney stones.

Two men were arrested Friday after leading officers on a chase from Reseda to the West Los Angeles area in an SUV that was reported stolen in San Diego, authorities said.

Fox News selectively edited comments by Senate Majority Leader Harry Reid to accuse him of exaggerating the effects of automatic budget cuts that began March 1. Fox's excerpt of Reid's call to end the cuts left out his description of specific impacts and ignored widespread media reporting that supports his statements.

Complaints about air-travel delays in recent days have prompted Democrats in Congress to reconsider their strategy for dealing with across-the-board spending cuts.