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Despite the 110 layoffs disclosed on Wednesday by Akamai Technologies Inc. , the Cambridge company insists it hasn't fallen on hard times - yet. But many of Akamai's customers are being hammered by the recession, and chief executive Paul Sagan wants to cut costs early to prepare for an inevitable decline in revenue. "Being in denial and waiting unfortunately means ...
European and Asian shares managed to rise and oil rose toward $50 on Friday as expectations of further interest rate cuts helped to cushion deepening gloom about the financial and auto sectors as well as the broader economy.
By Natsuko Waki
Visteon Corporation announced today that on Nov. 14, 2008, Visteon received notification from the New York Stock Exchange that the company had fallen below its continued listing standard, which requires a minimum average closing price of $1.00 per share over 30 consecutive trading days.
The Treasury Department said it is working with the Federal Reserve on a plan to make access to credit easier for small businesses. Maintaining that illiquidity in the asset-backed securitization m
Washington - Chairwoman Velázquez, Ranking Member Chabot, and Members of the Committee, thank you for this opportunity to testify this morning on the recent financial market and economic conditions, Treasury's actions in implementing the Emergency Economic Stabilization Act (EESA), and how these actions will assist small businesses and entrepreneurs in leading the economic recovery in the United ...
With worldwide equity markets down by 40 - 50%, it seems virtually certain that we are already falling into a depression. Hopefully it will be...
Use the above link to subscribe to the paid research reports, which include coverage of several smallcap companies positioned to rise during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces.
Martin O'Neill - Apology On 9 May 2008, this column published an article under the headline 'Porkies?', which strongly suggested that Martin O'Neill, the Manager of Aston Villa, had been telling lies in his public statements concerning the possible transfer of Gareth Barry to Liverpool.
A lot has changed since the Rapid City School District Board of Education last summer commissioned a group of community members to examine the school district's budget.
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