Chrysler names North American Fiat head (AP)
AP - Chrysler Group LLC said Wednesday that it has named a new executive to head the reintroduction of the Fiat brand to the North American market.

Wholesale inventories fall while sales increase (AP)

AP - Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves.

Unemployment rate rises in 30 states (AP)

AP - Unemployment rose in 30 states in January, the Labor Department said Wednesday, evidence that jobs remain scarce in most regions of the country.

NJ unemployment rate down slightly in January (AP)
AP - State labor officials say New Jersey's unemployment rate dropped slightly in January, but is still higher than the national rate.

Jo-Ann Stores posts 4Q profit surge as sales gain (AP)
AP - Craft and fabric retailer Jo-Ann Stores Inc. on Wednesday posted an 82 percent surge in fourth-quarter profit, buoyed by cost-cutting and higher sales across its product lines.

US Senate adopts aid for unemployed (AFP)

AFP - The US Senate on Wednesday adopted a 140-billion-dollar raft of measures aimed at shoring up unemployment benefits and setting out tax breaks to spur job creation.