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In Fed’s Decision to Slash Rates, Fears of a Long Recession
Meeting last month, Fed officials worried that even a dramatic cut in interest rates would not be enough to cauterize the country’s economic troubles quickly.
Categories: Business News
Facing Losses, German Billionaire Takes Own Life
Adolf Merckle’s speculation in volatile Volkswagen shares pushed his sprawling business empire to the edge of ruin.
Categories: Business News
Markets Higher Amid Latest Economic Reports
Wall Street rose after economic reports showed that although the economy continues to weaken, the downward curve may be tapering off in some sectors.
Categories: Business News
Apple Drops Anticopying Measures in iTunes
Apple said it would begin selling song downloads without anticopying measures and change its pricing structure.
Categories: Business News
Appeals Court Upholds Enron Convictions
The judges ordered that the former chief executive, Jeffrey K. Skilling, convicted for his role in the once-mighty energy giant’s collapse, be resentenced.
Categories: Business News
Bid to Revoke Madoff’s Bail Cites His Gifts
Bernard L. Madoff tried to hide at least $1 million in assets from investigators, prosecutors told a judge.
Categories: Business News
Wealth Matters: The Rules That Madoff’s Investors Ignored
The mystery is why so many wealthy people handed over so much money with so little due diligence.
Categories: Business News
Gazprom Dispute Entangles Europe
Russia’s gas price dispute with Ukraine escalated, disrupting deliveries to the European Union in the midst of a bitter cold spell.
Categories: Business News
Time Warner and CBS Avert Programming Dispute
Time Warner Cable extended a deal to carry CBS television stations, CBS said, avoiding what could have been another heated industry dispute.
Categories: Business News
Service Sector Eased Somewhat in December
The Institute for Supply Management said its services sector index rose as new orders and employment picked up. Another report showed pending home sales fell to a 7-year low.
Categories: Business News
Police blotter - Jan. 6, 2009 - Kankakee Daily Journal
Police blotter - Jan. 6, 2009
Kankakee Daily Journal, IL - 3 hours ago
An Xbox 360 game system, 14 Xbox games and an HP laptop were stolen. No arrests have been made. * Bradley police arrested Aaron Glenn Bauman, 19, ...
Categories: Farked Manager News (FMN)
Obama Seeks Wide Support in Congress for Stimulus
President-elect Barack Obama is working to build a bipartisan coalition to endorse his plan of tax cuts and new spending.
Categories: Business News
Doctors Will Make Web Calls in Hawaii
Doctors will be able to make face-to-face Web calls on patients in Hawaii starting Jan. 15.
Categories: Business News
Striking Declines Seen in Manhattan Real Estate Market
A series of market reports on the fourth quarter of 2008 showed an abrupt decline in transactions, tottering prices and buyers who are still looking but unwilling to sign a contract.
Categories: Business News
As Prices Rise, Some See $2 Gas
Gasoline prices have risen by several cents amid indicators that the national average could jump to $2 a gallon or higher this spring.
Categories: Business News
Coming Down on Tobacco
The new Congress plans to move aggressively against the tobacco industry by regulating cigarettes, raising sales taxes and ratifying an international antitobacco treaty.
Categories: Business News
Investors Strain to Sell Start-Up Companies
The financial crisis left last year with the fewest public offerings of venture-backed start-ups since 1977.
Categories: Business News
Frequent Flier: To Reach These Destinations, the Nonstops Are Rare
As far as some travelers are concerned, making the best of travel means meeting new people.
Categories: Business News
On the Road: That Tiresome Warning About Inappropriate Jokes
A reporter goes on the trail of an annoying airport announcement.
Categories: Business News
Itineraries: Help in Hot Spots
For business travelers facing sudden illness or acts of terrorism, several companies offer help.
Categories: Business News