general business
a shared story
submitted by Robby for team staff news 1 day 49 minutes ago
NEW YORK (AP) -- JPMorgan Chase & Co. is shedding about 10 percent of its investment bank staff in an effort to better weather the global economic slowdown....
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 22 hours 49 minutes ago
LONDON (AP) -- Home repossessions in Britain jumped 12 percent to 11,300 in the third quarter from the previous quarter, the Council of Mortgage Lenders said Friday, more evidence that the financial crisis is taking its toll on households and the ailing housing market....
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 22 hours 49 minutes ago
LONDON (AP) -- The downturn in the euro-zone economy, particularly within the manufacturing sector, gathered pace in November amid mounting recession fears and the deepening financial crisis, a closely watched survey showed Friday....
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 10 hours 48 minutes ago
Mr. Fyodorov was prominent among the young economists responsible for post-Soviet Russia’s striking economic reforms.
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 7 hours 49 minutes ago
Your house may be special to you, but to a futures trader dealing in housing contracts, it's just another data point. "At 10,000 feet, housing is a commodity," said Fritz Siebel, a broker at TFS Derivatives who specializes in housing-related securities. And housing futures are...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 17 hours 49 minutes ago
Citigroup executives are scrambling to convince investors that concerns about the New York financial giant's health are greatly overstated, even as the company's board meets today to discuss options including the possible sale of business units. The price of Citigroup stock has fallen 57 percent...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 19 hours 49 minutes ago
MILWAUKEE (AP) -- Foodmaker H.J. Heinz Co. said Friday that strong sales of products such as Ore-Ida frozen potatoes and frozen meals boosted fiscal second-quarter profit by 22 percent as cash-strapped consumers cooked more meals at home....
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 1 day 1 hour 48 minutes ago
BERLIN (AP) -- Bernhard Mattes, chief of Ford Motor Co's. German unit, said that while the company can survive without a bailout from the German state, it hopes the European Union will help the ailing auto industry with a loan package....
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 16 hours 48 minutes ago
BERLIN (AP) -- Troubled German lender Hypo Real Estate said Friday it has been granted euro20 billion ($25 billion) in loan guarantees from a government fund, which comes on top of a previous bailout to stabilize its business amid the financial turmoil....
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 16 hours 48 minutes ago
LOUISVILLE, Ky. (AP) -- A Kentucky amusement park says it has reached a settlement with the family of a Louisville teen whose feet were severed after an accident on a ride last year....
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 23 hours 48 minutes ago
Florida's budget gap is going to widen Friday as state economists meet to revise the state's revenue forecast for the first time since the economic crisis took on global dimensions this fall.
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 4 weeks 1 day 21 hours 48 minutes ago
Former Federal Reserve Chairman Alan Greenspan says the current financial crisis is a "once-in-a-century credit tsunami" which will have a severe impact on the U.S. economy, driving unemployment higher.
comments (0) |
report problem
