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The hidden gems in scarcity
Published December 2, 2008, 12:14 pm, Norwalk Advocate
Most folks with whom I speak are concerned about the economy long-term, and about how they'll afford their families a happy, bountiful holiday season, short-term.
British Airways and Qantas in merger talks
Published December 2, 2008, 12:14 pm, Tiscali
LONDON (Reuters) - British Airways said it is in merger talks with Australia's Qantas, signalling further consolidation in an industry desperate to cut costs in the global economic downturn.
UPDATED: Ford says CEO will work for $1 to get gov't loans
Published December 2, 2008, 12:13 pm, Battle Creek Enquirer
DETROIT — Ford Motor Co. will tell Congress that it plans to return to a pretax profit or break even in 2011 when the Detroit Three automakers’ CEOs appear before lawmakers this week to request $25 billion in government loans.
Gas prices at lowest level since '04
Published December 2, 2008, 12:13 pm, Daily Breeze
The average price of a gallon of self-serve unleaded gasoline in Los Angeles County fell today to its lowest level since February 2004, decreasing 2.6 cents to $1.961 -- the 77th consecutive daily decline. RELATED LINKS: » Find cheapest gas in Torrance: Valero, ARCO at $1.81; Costco at $1.83 » Calculate gas/cost ratio » Gas prices, state by state » U.S. fuel tax rates
Pakistan's Militants Trouble New Delhi and Islamabad
Published December 2, 2008, 12:12 pm, Foreign Relations
India's has accused "elements inside Pakistan" of orchestrating the late November terrorist attacks on high-profile targets in Mumbai . While such accusations often follow attacks inside India, the scale of these attacks put them in a new category.
Tiffany details planned job cuts
Published December 2, 2008, 12:12 pm, Reuters
NEW YORK (Reuters) - Tiffany & Co offered voluntary retirement incentives to about 800 U.S. employees as part of planned job cuts as the upscale jeweler grapples with the economic downturn.
Nova Chemicals cutting spending to weather slump
Published December 2, 2008, 12:12 pm, The Globe and Mail
TORONTO — — Nova Chemicals said Tuesday that it plans to cut capital spending for the rest of this year and through 2009 as it tries to cope with a crushing downturn in the global economy.
Smaller IT firms too freeze hiring outlook
Published December 2, 2008, 12:12 pm, Business Standard India
While information technology (IT) biggies like Wipro Technologies, decide to go slow on campus hiring, Kolkata-based small and medium IT companies too have nearly halved their hiring outlook for the next few quarters. Salary hikes too would be hit.
Analyst cuts forecast for BlackBerry maker
Published December 2, 2008, 12:11 pm, AP via Yahoo! Finance
Shares of Research In Motion Ltd., the maker of the BlackBerry phones, fell Tuesday to their lowest levels since 2006 after a J.P. Morgan analyst cut his earnings forecasts due to the global economic crunch.
COMMUNICATION:
Published December 2, 2008, 12:11 pm, Business Standard India
With companies ready to slash ad budgets, PR could be the beneficiary. The economic slowdown in the country may soon begin to hurt the over 150 big and small public relations firms in the country, which collectively manage ‘fee income’ worth Rs 300-500 crore per annum.
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