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The housing downturn has arrived. A thriving real estate market that swelled year after year for a decade couldn't be sustained, says Ralph Flamminio, president [...]
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Auto briefs - Detroit News
NORTHVILLE -- Wheel and powertrain component maker Hayes Lemmerz International Inc. on Thursday said it narrowed its net loss for the third quarter ended Oct. 31 to $10.4 million, compared with a loss of $62.7 million in the prior year period. Sales ...
Hong Kong shares close higher on fresh China economic stimulus hopes - Forbes
HONG KONG (XFN-ASIA) - Share prices closed higher led by China stocks on speculation that Beijing will adopt as early as this weekend more measures to boost the economy, including a further reduction in interest rates and the reserve ratio ...
Home sales slump - The Observer
The housing downturn has arrived. A thriving real estate market that swelled year after year for a decade couldn't be sustained, says Ralph Flamminio, president of the Sarnia-Lambton Real Estate Board. A mere 89 local properties sold in November ...
Stocks slump after dismal jobs data - MSNBC
NEW YORK - Wall Street slid Friday after news of a rapidly weakening job market had investors fretting the U.S. was in for a long, deep and increasingly painful recession. The Labor Department's report that employers slashed 533,000 jobs in November ...
Business brief - Birmingham News
Lawrence-Arendall-Humphries Real Estate, the largest locally owned home seller, said Thursday it has combined its six offices into three to cut expenses as housing sales slump during the deepening recession. The Birmingham-based company, which has ...
Most Asian Stocks Gain on Speculation Oil Slump Will Cut Costs - Bloomberg
Dec. 5 (Bloomberg) -- Most Asian stocks rose, led by electronics companies, as speculation oil prices near a four- year low will reduce companies? costs and spur consumer spending countered a drop in commodity shares. Nintendo Co., maker of the Wii ...
Cisco, Dell Risk Losing Sales as Recession Fuels Gray Market - Bloomberg
Dec. 5 (Bloomberg) -- The remnants of businesses crushed by the economic slump now sit in Liquid Technology Inc.?s warehouse by the Hudson River in New York?s Chelsea district. Hundreds of servers, personal computers and routers -- some shrink ...
Nov. Retail Slumps - Washington Post
Retailers posted the worst November sales in more than 30 years yesterday, as holiday shopping not only failed to lift the economy but showed that the financial crisis is further distressing everyday consumers. About 30 major companies -- including ...
What slump? King County office landlords see rise in valuations - Seattle Business Journal
As JPMorgan Chase prepares to cut thousands of WaMu jobs and vacate hundreds of thousands of square feet of space, the prospects for the region?s office market look gloomy. But there?s one place where the outlook has never been rosier ? the ...
Hump through the slump - The Sun
WE revealed this week that cash-strapped Brits will hump through the slump as sales of contraceptives, champagne and aphrodisiacs soar. Here KATE TAYLOR reveals how to improve your financial phwoar-cast and get more bangs for your buck. Her tips ...
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