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Business
December Job Losses Mount
December job losses may exceed November's 533,000 layoffs.
December 13, 2008
BY
Antonio Perez
Digesting Merrill A Challenge for BofA’s Lewis
Bank of America may find integrating Merrill Lynch to be difficult.
December 13, 2008
BY
Antonio Perez
Overdue Mortgages, Foreclosures Reach Record Highs
One in 10 American households fell behind on mortgage payments or were in foreclosure during the third quarter ...
December 10, 2008
BY
Ivan Velinov
Germany Introduces Reduced Work Week, Help Businesses
German government instituted a reduced-work week to help businesses cope with the recession.
December 8, 2008
BY
Ilya Rzhevskiy
Microsoft Defends its Title
Microsoft Canada Co. was awarded a victory over piracy, as the Federal Court of Canada made its decision ...
December 2, 2008
BY
Jeffrey Thompson
S&P Finishes With Highest Weekly Gain Since ’74
U.S. stocks rallied on Friday in abbreviated trading.
November 29, 2008
BY
Antonio Perez
U.K. Attempts to Borrow Out of Recession With Tax Gamble
The British government has announced a series of tax cuts aimed to curb the battered U.K. economy.
November 26, 2008
BY
Peter Collins
GSEs Suspend Housing Foreclosures ‘Till 2009
Companies are moving quickly to avoid foreclosures and restructure loans for homeowners.
November 25, 2008
BY
Antonio Perez
Women Still a Minority Among High-Level Positions
Latest data indicates that women are still a minority among high-level positions.
November 25, 2008
BY
Heide B. Malhotra
Obama’s Treasury Pick Brings Winds of Change
Geithner should bring change to Washington as Treasury Secretary.
November 24, 2008
BY
Antonio Perez
UK Faces Sharp Economic Downturn
CBI revised its economic forecast and predict Britain will enter a deeper and longer recession than first forecasted.
November 20, 2008
BY
Peter Collins
Wall Street Banks Clamp Down on Bonuses
Large Wall Street firms are finally bucking the recent compensation trend by slashing year end bonuses.
November 20, 2008
BY
Antonio Perez
America Holding on to Its Competitiveness Edge
The United States again was named the most productive business environment in the world
November 20, 2008
BY
Heide B. Malhotra
Possible Auto Bailout Package Prompts Canada to Act
Canada is preparing a bailout package for its auto industry.
November 19, 2008
BY
Matthew Little
Mr. Paulson: No Bailout for Auto Industry
Washington should not give Detroit the money it seeks.
November 17, 2008
BY
Frank Yu
Fed Officials Botch TARP Rollout
Designed to remove “toxic” instruments from the financial system, TARP has somehow changed along the way.
November 17, 2008
BY
Michael E. Lucid
Retailers Brace for a Chilly Holiday Season
2008 holiday sales are expected to be the worst in recent history.
November 17, 2008
BY
Antonio Perez
AIG Posts $24 Billion Loss, Fed Injects More Capital
The U.S. Treasury announced revised bailout terms for AIG after it posted a third-quarter loss of $24.47 billion.
November 10, 2008
BY
Antonio Perez
Downturn Hits Industry Stalwart Toyota
Recent news of a struggling Toyota Motor Corp. caught many analysts by surprise.
November 8, 2008
BY
Antonio Perez
U.S. Biofuels Industry Ready to Take Off
Industries addressing climate changes will prosper.
November 5, 2008
BY
Heide B. Malhotra
U.S. E-Commerce Sputters During Q3
Once the fastest-growing segment of consumer spending, online sales have slowed considerably during the third quarter of 2008.
November 3, 2008
BY
Antonio Perez
Chase Freezes Foreclosures, Modifies Loan Terms
Chase announced it would freeze all foreclosures for 90 days and modify loans for borrowers.
November 2, 2008
BY
Antonio Perez
U.S. Job Woes Expected to Continue
Unemployment rates remain low in latest numbers.
October 28, 2008
BY
Heide B. Malhotra
PNC Acquires National City on Gov’t Help
PNC Bank on Friday announced that it had acquired struggling National City Corp.
October 27, 2008
BY
Antonio Perez
Money or Conscience: That is the Question
Money invested in China is used by the regime to repress Chinese people and extend its manipulation around ...
October 25, 2008
BY
Qi Hua
What Caused the Financial Crisis?
Business commentary explores possible reasons for the economic crisis.
October 23, 2008
BY
Itay Slonim
Credit Rating Agencies Under Fire
Credit rating firms are under fire for supposedly neglecting deep problems in the mortgage industry.
October 22, 2008
BY
Antonio Perez
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