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Oil rises to above $42 as Gaza, demand weighed

Published January 9, 2009, 12:31 am, INO News

(AP:SINGAPORE) Oil prices rose to above $42 a barrel Friday in Asia as traders speculated that a second front is opening in Israel's Gaza offensive, but analysts said gains would likely be limited by continuing weakness in demand for crude.

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'Our digital lives will only get richer'

Published January 9, 2009, 12:31 am, The Globe and Mail

Even without Bill Gates, Microsoft Corp. retained its title as the brightest star on the Strip at the annual Consumer Electronics Show in Las Vegas. On Wednesday evening, Microsoft chief executive officer Steve Ballmer took to the stage to deliver his first CES keynote as the public face of the world's largest software company, revealing that the company plans to release a trial version of ...

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Cutbacks won't lead to layoffs

Published January 9, 2009, 12:31 am, Billings Gazette

GILLETTE - Peabody Energy said it won't lay off employees at its Wyoming coal mines as a result of a production slowdown this year in the Powder River Basin.

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RBI seeks data from banks with exposure to Satyam

Published January 9, 2009, 12:30 am, Business Standard India

The Reserve Bank of India (RBI) has sought data from banks, which have direct or indirect loan and equity exposure to Satyam Computer Services and its related companies or subsidiaries.

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Work at Home Moms make money while raising kids

Published January 9, 2009, 12:30 am, Spring Observer

It is the dream of many mothers to work from home and make money while raising their children. However, the task can be difficult without proper support and guidance.

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Research and Markets: Currently China's Export of Heavy Truck Accounts For 10% of Total Sales Read More inside The ...

Published January 9, 2009, 12:30 am, Business Wire via Yahoo! Finance

DUBLIN, Ireland----Research and Markets has announced the addition of the "Research and Forecast of China Heavy Truck Industry 2008-2009" report to their offering.

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Rand set to shrink - RMB

Published January 9, 2009, 12:29 am, Independent Online

This year is likely to be another tough one for the rand.

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Nissan axes 1,200 jobs

Published January 9, 2009, 12:26 am, Daily Mirror

Britain's biggest car plant fell victim to the recession as Nissan axed 1,200 jobs yesterday.

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Windmill blade maker announces Little Rock layoffs

Published January 9, 2009, 12:25 am, The Morning News

LITTLE ROCK -- In a sign the economic crisis could calm Arkansas' soaring wind energy industry, the first of three planned windmill blade manufacturers to begin production in the state announced Tuesday it would lay off more than 150 workers.

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Home prices slide in Nashville area

Published January 9, 2009, 12:23 am, The Tennessean

Home prices dropped sharply in December — back to levels last seen before the real estate boom — as the Nashville-area housing market wrapped up its weakest year in a decade.

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