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PRESS DIGEST - Washington Post Business - June 4

Tue Jun 3, 2008 11:36pm EDT

WASHINGTON, June 4 (Reuters) - The Washington Post included the following items on the front page of its business section on June 4.

Stocks  |  Global Markets

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Cable service operators Comcast and Time Warner Cable said that they will begin testing new approaches that will slow Internet access for heavy users and charge more to those who want additional speed.

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Reacting to growing consumer sentiment, General Motors chief executive Richard Wagoner said that the world's biggest automaker will consider revamping or selling off some of the world's biggest passenger vehicles -- the Hummer line.

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U.S. Defense contractor Lockheed Martin failed to follow military guidelines to track and manage costs on major weapons programs, according to an internal Pentagon document released by a government watchdog group.

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Five Washington, Maryland and Virginia universities announced a partnership aimed at helping the metro area turn the research and innovations of its scientists and scholars into patents, products and businesses.

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