general business
a shared story
submitted by Robby for team staff news 6 hours 44 minutes ago
SINGAPORE (AP) -- Oil prices fell to a 3-year low below $48 a barrel Tuesday in Asia, as more bleak U.S. economic news and plunging stocks markets darkened investor expectations for crude demand....
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 3 hours 43 minutes ago
State governors today will press their case for federal help when they meet Barack Obama, the US president-elect, one day after official confirmation that the American economy is in recession.Governors from the 50 states are seeking at least $40bn (£27bn) to help pay for healthcare for...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 4 hours 44 minutes ago
LONDON, Dec. 1 -- Manufacturing activity shrank around the world last month, providing fresh evidence that the global economy is in recession and intensifying pressure on policymakers to respond. In the United States, manufacturing contracted at the fastest pace in 26 years, while factory indexes...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 6 hours 44 minutes ago
Diversity within the group of men -- and still only men -- who have been president of the United States will change significantly when Barack Obama is sworn in next month. But when he looks across the highest level of civil servants managing the government,...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 5 hours 44 minutes ago
SYDNEY, Australia (AP) -- Australian stocks slumped Tuesday as weak economic data internationally reached the Asia Pacific region....
comments (0) |
report problem
a shared story
submitted by Ari 20 hours 2 minutes ago
It’s official: for the last year, the United States economy has been in recession.
The evidence of a downturn has been widespread for months: slower production, stagnant wages and hundreds of thousands of lost jobs. But the nonpartisan National Bureau of Economic Research, charged with making the...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 3 hours 44 minutes ago
MILWAUKEE, Dec. 1 -- Pilgrim's Pride, the nation's largest chicken producer, filed for Chapter 11 bankruptcy protection Monday, hobbled by its debt load and volatile feed prices. The Pittsburg, Texas-based company sought bankruptcy protection in a filing with the U.S. Bankruptcy Court for the Northern...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 5 hours 44 minutes ago
Asian stocks dropped on Tuesday, following the global trend amid worries about deepening worldwide recession.
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 12 hours 43 minutes ago
Reuters - University students in the world's second-largest economy could face a rude awakening as the global financial crisis hits Japan, prompting firms to cut graduate recruitment.
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 20 hours 44 minutes ago
LONDON (AP) -- Aston Martin, maker of James Bond's luxury sports car, said Monday that it is laying off as much as a third of its work force because of falling sales during the economic slump....
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 17 hours 44 minutes ago
President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession. "I'm sorry it's happening, of course," Bush said in a...
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 17 hours 44 minutes ago
The Federal Reserve stands ready to cut interest rates further and to expand its novel efforts to inject cash into various corners of the financial markets, Chairman Ben S. Bernanke said today as he laid out various steps the central bank could take to further...(more)
comments (0) |
report problem
