AT&T Disconnecting 12,000 Jobs; Credit Suisse Announces 5,300; Capital One Puts Chevy Chase in Its Wallet; Argentina Announces $3.9 Billion Stimulus, Jobless Benefits at 26-year High; Dupont Cuts 2,500 Employees; Williams-Sonoma Beats Estimates; Oil Falls 5%

Lukoil Counts on Artic Find; Gourmet-Cookware Seller Burned by 2Q Results; FGIC Prolongs the Inevitable; Diageo’s Strong Sales; Lehman Bros. Plans Layoffs; Toyota’s 10 Million Goal Just Out of Reach

American Express Scoops GE’s Corporate Payment Services; Sharp Sheds Light on New Solar Plant; Fed to Investigate Countrywide Takeover; Lennar Falls Into Disrepair; Williams-Sonoma Lowers 2008 Guidance; MF Global Frees Up Capital; Oracle Earnings Disappoint; Google Slumps on Less Paid Clicks