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In the S&P 500, just nine stocks are up for 2008, and the index is down 48.8 percent.
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30,000 jobs at risk as Woolworths teeters on the brink - Guardian Unlimited
More than 30,000 retail jobs were at risk last night as Woolworths fought to avoid collapse and the fashion discount chain MK One crashed into administration for the second time in a year. Woolworths' future was hanging in the balance after its ...
U.S. Stocks Fall for 3rd Week on Recession, Citigroup Concerns - Bloomberg
Nov. 22 (Bloomberg) -- U.S. stocks dropped for a third week on signs of a deepening recession and growing concern about the fate of Citigroup Inc. and the nation's automakers. The Standard & Poor's 500 Index rallied from an 11-year low yesterday ...
On Native Ground - American Reporter
DUMMERSTON, Vt. -- Those who thought that last week's government bailout of Fannie Mae and Freddie Mac would stabilize the financial markets got a wakeup call this week. Lehman Brothers, the fourth-largest U.S. investment bank, succumbed to the ...
Inside the mind of a colossus - Deccan Herald
As we enter a global recession, the life of Warren Buffett, the world's richest and thriftiest man, is more salutary than ever . T here are two immediately obvious problems with this book on Warren Buffett, the greatest investor in the world: first ...
Surviving in the used-car sector - Journal Record
TULSA ? With revenue up 15 percent, Bob Mulkey expects his Regal Car Sales and Credit chain to double its profits this year. America?s troubled economy gives the used-car seller every hope of repeating that success next year as well. To ...
The Madness of Crowds - Commentary Magazine
Fueled by easy credit, the real-estate market had been rising swiftly for some years. Members of Congress were determined to assure the continuation of that easy credit. Suddenly, the party came to a devastating halt. Defaults multiplied, banks began ...
Northern Notes: A 100th birthday - Traverse City Record-Eagle
Family and friends of Van Zimmerman of Traverse City are invited to help her celebrate her 100th birthday. An open house will be hosted in her honor from 2 to 4 p.m. today at Boardman Lake Glens-Highlander, 800 Centre Place. In 2007, Goodwill's ...
Stock markets open higher as investors search for confidence - Edmonton Sun
Toronto's S&P/TSX composite index moved up 103.11 points to 8,898.56, after falling 260.5 points Monday. The Canadian dollar was at 81.91 cents US, up 0.16 of a cent, as Canada's new Parliament opens today under thickening clouds of economic gloom ...
McGuinty worries auto sector rescue could drive Ont. deficit higher - Ottawa Sun
TORONTO ? As governments in Canada and the United States consider rescue packages for the struggling auto industry, Ontario Premier Dalton McGuinty warned Saturday that giving taxpayers? money to support the sector could drive the province?s ...
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