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by General Motors News
Gannett Taps Revolving Credit Line in Order to Repay Its Com...

Gannett Co. , the largest U.S. newspaper publisher, said it drew on a revolving credit line to ensure it has funds to repay its commercial paper.

GM To Cut Contract Jobs To Shrink Work Force

General Motors Corp. said it has notified several employment agencies that it intends to cut contract jobs as it continues to shrink its work force to match lower U.S. sales.

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