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Antonio Perez
Obama’s Foreign Tax Plan to Test Corporate Wherewithal
Pres. Obama seeks to keep multinational corporations from shifting shift revenues overseas.
US
May 7, 2009
Stress Test Separates the Strong From Weak Among Banks
The Federal Reserve unveiled results of its much-anticipated banking sector stress tests.
US
May 7, 2009
Hulu: A Worthy Challenger to YouTube
If you haven't yet heard of Hulu, you will soon.
Business
May 5, 2009
Asia Urged to Rethink Strategy in Recession
Asian countries need to reduce their dependence on exports and invest in social development.
Business
May 4, 2009
Chrysler Declares Chapter 11 Bankruptcy
Chrysler and Obama administration officials said on that the struggling U.S. automaker would file for bankruptcy.
Business
May 1, 2009
GM to Cut Pontiac, 21,000 Jobs in New Restructuring Plan
General Motors announced a revised restructuring plan on Monday that would cut 21,000 U.S. manufacturing jobs.
Business
April 27, 2009
Consumer Confidence Highest Since Lehman, AIG Crisis
Market bulls received more good news as confidence among U.S. consumers pushed to a seven month high in ...
Business
April 22, 2009
Consumer Spending to Retreat
Americans are set to scale back spending as a falling home prices and continued unemployment dent consumer income, ...
Business
April 17, 2009
UBS Reports Q1 Loss, to Cut 8,700 Jobs
Swiss banking giant UBS AG announced a hefty first quarter loss and more job cuts.
Business
April 15, 2009
Ambitious CityCenter Project Becomes Symbol of Vegas’ Woes
CityCener, the most ambitious project ever conceived in Las Vegas, is in jeopardy due to the economic downturn.
Business
April 13, 2009
Sallie Mae to Reverse Outsourcing, Create 2,000 Jobs
Student loan provider Sallie Mae will move some of its overseas operations back to the U.S., creating nearly ...
Business
April 10, 2009
‘Mark-to-Market’ Accounting Demystified
The Financial Accounting Standards Board recently loosened the controversial “mark-to-market” accounting rule.
Business
April 10, 2009
NY Times Co. Threatens to Shut Down Boston Globe
The New York Times Co., parent company of the Boston Globe, threatened to shut down the Boston newspaper ...
US
April 6, 2009
U.S. Hands More Money to Automakers as GM CEO Resigns
Shares of General Motors Corp. jumped again last Friday by almost 6 percent on news that the federal ...
Business
March 29, 2009
JoS. A. Bank Offers ‘Worry-Free’ Suit Promotion
This week, the Hampstead, Maryland-based men's clothing chain announced a new promotion targeting men who need new suits ...
Business
March 20, 2009
Bear Stearns: One Year Later
A year has passed since JPMorgan Chase & Co. snapped up Bear Stearns Companies Inc.
Business
March 19, 2009
Breaking With Tradition, Offshore Banks to Open Up
Switzerland, Luxembourg, and Austria will ease bank secrecy laws to aid in preventing tax evasion.
Business
March 16, 2009
Financial Crisis Hits Law Firms
The financial crisis domino effect spares few companies, and the legal industry is the latest casualty.
Business
March 10, 2009
GM Attempts to Stave Off Bankruptcy Rumors
Officially, GM has staunchly denied any plans of bankruptcy.
Business
March 9, 2009
Bernanke Rips AIG, Calls Firm ‘Hedge Fund’-Like
Fed Reserve Chair Ben S. Bernanke has said that having to rescue AIG made him “more angry” than ...
Business
March 5, 2009
Warren Buffett, Berkshire Suffers Worst Year Ever in 2008
Not even the “Oracle of Omaha” could predict the severity of the recent stock market tumble.
Business
March 2, 2009
Japanese Exports Tumbles on Weak U.S. Spending
If you're wondering about the severity of the current economic recession, take a look across the ocean at ...
Business
February 25, 2009
Sprint Eyes Turnaround, Preps New Mobile Phones
Telecom giant Sprint Nextel reported a $1.6 billion fourth-quarter loss and 1.3 million in fleeing wireless customers.
Business
February 24, 2009
Bank Nationalization Rumors Stir Investor Anxiety
Debate over nationalization of U.S. banks will likely intensify as investors grow increasingly tired of repeated rhetoric.
Business
February 22, 2009
Questions Loom Over Obama’s Mortgage Plan
Pres. Obama unveiled a $275 billion mortgage rescue plan, dubbed the “Homeowner Affordability and Stability Plan."
US
February 19, 2009
Business Travel Industry Reeling From Cost Cutting, Populist Heat
Under the glitz and glamour of Las Vegas, city officials are worried.
Business
February 19, 2009
Without Massive Fed Funds, Small Banks Feel the Heat
Amidst financial bailouts for global banks, analysts believe mid-size and local banks may ultimately take the fall.
Business
February 18, 2009
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