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Business

Job Cuts Mount; Pfizer, Barclays Reignite Optimism
Business  (tags: economy, business, consumers, labor, world, usa )

Cal
- 1907 days ago - reuters.com
A tidal wave of layoffs washed across the world on Monday, sending tens of thousands of workers into joblessness as the pain of the global recession worsened.
Resistance to Housing Foreclosures Spread Across the Land
Business  (tags: abuse, americans, business, consumers, corporate, corruption, cover-up, debt, dishonesty, economy, ethics, farms, finance, foreclosures, government, humans, labor, law, lies, marketing, money, news, politics, society, usa, investing, investments, investor )

Kathleen
- 1910 days ago - truthout.org
The crowds appear to be gathering again - far more quietly this time but hardly tentatively. Community-based movements to halt the flood of foreclosures have been building across the country.
Housing Chief Says Aid Plan Needs Fix
Business  (tags: foreclosures, americans, economy, business, government, usa )

Cal
- 1921 days ago - reuters.com
A $300 billion federal program meant to prevent foreclosures is doing almost nothing to aid U.S. homeowners, but it could become effective if Washington slashes cumbersome red tape, the nation's top housing policymaker said
Did Speculation Fuel Oil Price Swings?
Business  (tags: business, cover-up, oil, news, usa, world, ethics, corruption )

Cal
- 1922 days ago - cbsnews.com
60 Minutes: Speculation Affected Oil Price Swings More Than Supply And Demand
Ring in the New Year? The Party's Over for Automakers
Business  (tags: business, economy, news, usa )

Cal
- 1922 days ago - reuters.com
Automakers put on a brave face at the world's biggest auto show on Sunday, with the sales outlook bleak for the coming year and fabled firms struggling for survival despite massive government aid.
Robert Fisk's World: Wherever I Go, I Hear the Same Tired Middle East Comparisons
Business  (tags: americans, abuse, dishonesty, corruption, lies, politics, usa, ethics, economy )

Pete
- 1923 days ago - independent.co.uk
It all depends where you live. That was the geography of Israel's propaganda, designed to demonstrate that we softies - we little baby-coddling liberals living in our secure Western homes - don't realise the horror of 12 (now 20) Israeli deaths in 10 year
Obama Says Deficit May Approach $1 Trillion
Business  (tags: business, politics, finance, economy, usa )

Cal
- 1927 days ago - reuters.com
President-elect Barack Obama said on Tuesday he expects to inherit a U.S. budget deficit approaching $1 trillion and his administration would have to make some tough budget choices.
U.S. Puts Up $6 Billion to Support Auto Lender GMAC
Business  (tags: corporate, business, economy, corporate bailouts, society, usa )

Cal
- 1935 days ago - reuters.com
The Bush administration on Monday expanded its bailout of the U.S. auto industry, saying it was buying $5 billion in equity in auto and mortgage finance company GMAC and increasing a loan to General Motors by $1 billion.
Retailers' Holiday Sales Plummet
Business  (tags: consumers, business, finance, usa )

Cal
- 1939 days ago - reuters.com
Retailers' sales fell as much as 4 percent during the holiday season, as the weak economy and bad weather created one of the worst holiday shopping climates in modern times,
Stores to Ramp Up Closings and Job Cuts in Early '09
Business  (tags: consumers, business, usa )

Cal
- 1941 days ago - reuters.com
Retailers can be expected to speed up a wave of store closures, restructurings and job cuts in the coming weeks, hoping to get a fresh start in early 2009 after more than a year of recession.
Housing Crisis Worsens as Economy Weakens
Business  (tags: consumers, foreclosures, economy, usa )

Cal
- 1942 days ago - reuters.com
The desperate straits of many U.S. homeowners showed in new data released on Monday, suggesting efforts to help them are having limited success.
Chrysler Shuts Plants as Bush Weighs Bailout Pleas
Business  (tags: business, automakers, economy, consumers, usa, americans, corporate )

Cal
- 1947 days ago - reuters.com
Embattled U.S. automakers General Motors Corp and Chrysler LLC both announced new steps to shore up their dwindling cash on Wednesday as they awaited word on whether the White House will grant pleas for billions of dollars in emergency loans they need to
Madoff Fraud Could Burn Those Who Pulled Out Early
Business  (tags: business, dishonesty, consumers, usa, world, investments )

Cal
- 1948 days ago - reuters.com
Disgraced money manager Bernard Madoff's suspected $50 billion fraud scheme looks set to burn even those who pulled their investments out long before the scandal rippled into the global financial system.
Downturn Spurs
Business  (tags: consumers, dishonesty, economy, usa )

Cal
- 1949 days ago - reuters.com
Experts expect an upturn in abnormal psychiatric reactions to the economic contraction in some people as conditions worsen
Americans' Debt Shrinks - 1st Time Ever
Business  (tags: business, debt, americans, consumers, usa, economy )

Cal
- 1953 days ago - money.cnn.com
Household debt falls by 0.8% as Americans' net worth falls by largest amount on record on declining home and stock prices.
 

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