It's time for our round-up of this week's businesses that went bust, company cut backs, and other generally bad news.

-No surprise here: Northwest Airlines announced that they're substantially cutting back the number of flights they now operate. Along with that, NWA says they'll also retire jets, lay off staff, and raise fares, fees, and fuel surcharges. Enough said.

-BricaBox, a website that let you build your own social content application , folded this week. The company's CEO has written an incredibly detailed post-mortem here explaining why he thinks the business went under. The man clearly has time - a lot of time - on his hands.

-The economy continued to suck this week, with the Dow Jones Industrial Average dropping more than 220 points today, closing trading at the lowest mark since mid-March. The Wall Street Journal reports that a major rebound in the price of crude oil and a drop in financial shares sent stocks plummeting. Along with that, Big Three auto makers found themselves in additional trouble, with the S&P threatening to cut their credit ratings. The outlook for Ford also worsened today, with the automaker saying that it expects greater losses in 2008.

-As any trust fund kiddie gone bad can attest, losing your inheritance is a real blow—especially if it goes to a dog instead. As most everyone already knows, that's exactly what happened to the grandchildren of the late billionaire Leona Helmsley, who found out that while Grandma left them nada, her beloved Maltese, Trouble, scored $12 mill. This week though a judge though ruled that her grandchildren deserve some cash (translation: Helmsely was out of her mind), and that Trouble's inheritance would be substantially reduced. Apparently the dog only needs $190K annually (we're not even going to ask)—meaning that the millions left to the 9-year-old fluffball were excessive to say the least.