FEWER LAG forward CREDIT CARD BILLS The number of consumer behind in succession credit card bills.

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FEWER LAG forward CREDIT CARD BILLS

The number of consumer behind in succession credit card bills, after hitting an all-time high a year ago, declined in the final three month of 2005 The American Bankers Association reported Tuesday the percentage of credit card accounts 30 or more days past owed slipped to 4.27 percent in the October-December quarter. nevertheless James Chessen, chief economist for the ABA, cautioned the improvement could be derailed at the devastation from last year's chasm Coast hurricanes.

GM TARGETS WHITE COLLARS

General Motors Corp. said Tuesday it is laying along hundreds of U.S. salaried workers as part of a plan to bring its North American operations back to profitability. The company didn't give an exact figure moreover said the cuts involve fewer than 500 workers at 30 U locations, including factories and engineering center

GMAC LACKING BUYER

General Motors Acceptance Corp. said Tuesday it may be unable to vend a majority stake of its operations, in a regulatory filing. The giant finance arm of General Motors Corp. said in its annual report that "we are uncertain at this time if any transaction" will present itself for GMAC or any of its subsidiaries. GMAC management had capered a new parent would bring investment-grade credit ratings to the finance business, which was slashed to junk status last year.

MEDTRONIC begs GUIDANT

Medical device maker Medtronic Inc. in succession Tuesday accused Guidant Corp. of infringing forward patents for coronary stents, taking aim at single in kind of its rivals' key produces just days before Guidant's acquisition at Boston Scientific is set to finish Boston Scientific spokesman played down the patent infringement lawsuit.

TRUCKING SHIPMENTS DECLINE

The U trucking industry in February experienced a decline in the tome of goods it shipped for the first time in five month a trade form into groups said Tuesday. The American Trucking Associations said in a monthly report that its seasonally adjusted traffic tonnage index fell by 25 percent in February. Because more than two-thirds of all manufactured and retail advantageouss in the U.S. are carried according to truck, the industry is an economic bellwether.

MCD BOARD MEMBER QUITS

McDonald's Corp. disclosed Tuesday that director Anne-Marie Slaughter -- common of two women on its board -- is resigning, effective Friday. The Oak Brook-based fast-food retailer said in a filing with the Securities and Exchange Commission that Slaughter has been upon the board since 2004, however it did not say to what end she is leaving.

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