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For Detroit's Auto Chiefs, a Road Trip to Contrition

a shared story    16 hours 7 minutes ago
In the category of "okay, now we get it," the chief executives of Detroit's Big Three are driving to Washington to ask Congress for money, instead of taking private jets like they did last time. Which turned out to be a public relations disaster. Ford...(more)  comments (0)  | report problem


buzz  6  + buzz


China’s Economy, in Need of Jump Start, Waits for Citizens’ Fists to Loosen

a shared story    18 hours 7 minutes ago
Tenacious thrift, once an admirable quality in China, has become a liability as the nation’s export-driven economy slows.   comments (0)  | report problem


buzz  6  + buzz


UK job market weakening rapidly

a shared story    18 hours 7 minutes ago
The UK job market weakens as permanent placements decline at record levels, a new survey suggests.  comments (0)  | report problem



Contrite Over Misstep, Auto Chiefs Take to Road

a shared story    19 hours 7 minutes ago
The chief executives of Detroit’s Big Three, who took a drubbing for flying on private jets to Washington last month for a Congressional hearing, will be driving to get to the capital this time.   comments (0)  | report problem



Paulson To Prod China on Currency

a shared story    15 hours 7 minutes ago
Treasury Secretary Henry M. Paulson Jr. will urge China to maintain a strong currency during high-level talks this week as worries grow in the United States that Beijing may be exacerbating the global slowdown by deflating the value of the yuan to spur its own...(more)  comments (0)  | report problem



Shopping weekend not so bleak after all

a shared story    21 hours 7 minutes ago
It wasn't Bleak Friday after all. The Friday after Thanksgiving, the traditional kickoff to the holiday shopping season, saw throngs of shoppers and increased sales from last year, both nationally and locally, according to research firms, and reports from Bay...   comments (0)  | report problem



Quick! Some airlines slashing fares but only for a limited time

a shared story    21 hours 7 minutes ago
Airlines are slashing prices on some flights, hoping to lure some travelers this holiday season and into the New Year. But like all things with airlines, the situation is changing rapidly. For instance, the clock is ticking on JetBlue Airways' four-day online...   comments (0)  | report problem


buzz  4  + buzz


Cleveland Clinic Discloses Doctors’ Industry Ties

a shared story    22 hours 7 minutes ago
In the first such step by a major medical center, the clinic says it has begun publicly disclosing the business relationships its staff has with drug makers.   comments (0)  | report problem


buzz  8  + buzz


Asian markets fall on new worries

a shared story    1 day 15 hours 7 minutes ago
Asian stocks dropped on Tuesday, following the global trend amid worries about deepening worldwide recession.  comments (0)  | report problem



The Next World War? It Could Be Financial.

a shared story    7 weeks 3 days 19 hours 7 minutes ago
The global financial outlook grows more dire by the day: The United States has been forced to shore up Wall Street, and European governments are bailing out numerous commercial banks. Even more alarmingly, the government of Iceland is presiding over a massive default by all...(more)  comments (0)  | report problem
tags: financial war



G.E. Warns of Low Fourth-Quarter Profit

a shared story    20 hours 7 minutes ago
The company said it expected its fourth-quarter profit to be at the low end of its previous guidance and warned that charges were likely to top $1 billion after taxes.   comments (0)  | report problem



Retailing Chains Caught in a Wave of Bankruptcies

a shared story    33 weeks 1 day 15 hours 40 minutes ago
The consumer spending slump and tightening credit markets are unleashing a widening wave of bankruptcies in American retailing, prompting thousands of store closings that are expected to remake suburban malls and downtown shopping districts across the country. Since last fall, eight mostly midsize chains — as diverse...(more)  comments (0)  | report problem


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