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A warning from tech giant Intel about poor business conditions and more evidence of rising unemployment left stocks with their biggest losses in a month Wednesday.
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Alcoa cutting 13,500 jobs - The Washington Times
PITTSBURGH (AP) -- Aluminum producer Alcoa Inc. said Tuesday it will cut 13,500 jobs, or 13 percent of its work force, and slash spending and output to cope with the global economic slowdown. The Pittsburgh-based company also said 1,700 contractors ...
Paulson says changes needed at Fannie, Freddie - Associated Press
WASHINGTON (AP) -- Treasury Secretary Henry Paulson on Wednesday said the best option for the future of Fannie Mae and Freddie Mac could be for the mortgage giants to be run like public utilities. In what could be his last speech as Treasury ...
Avid reader, Raju rewrites Satyam books - Economic Times
As Satyam unravels before a stunned India, the company?s founder chairman and man-in-the-dock Byrraju Ramalinga Raju can only hope his favourite author was right about life and checkmates. The Harvard Business School alumnus, who pioneered ...
ANALYSIS: Gas feud met with chill in Europe - The Washington Times
BERLIN -- Russia 's gas price row with Ukraine escalated Tuesday, disrupting deliveries to Europe as the continent is experiencing a bitterly cold winter. Alexander Medvedev knows he needs to soothe his best customer. The No. 2 at the Russian energy ...
Business Highlights - MSN MoneyCentral
NEW YORK (AP) ? A warning from tech giant Intel about poor business conditions and more evidence of rising unemployment left stocks with their biggest losses in a month Wednesday. The news upended some investors' hopes for a speedy economic ...
Research and Markets: Chinese Markets for Natural Rubber Report ... - Earthtimes
DUBLIN, Ireland - (Business Wire) Research and Markets ( http://www.researchandmarkets.com/research/aefc7a/chinese_markets_fo ) has announced the addition of the " Chinese Markets for Natural Rubber " report to their offering. China's demand for ...
Satyam scandal highlights emerging market risks - Guardian Unlimited
NEW YORK, Jan 7 (Reuters) - A vast accounting scandal at India's Satyam Computer Services may increase investor nervousness about weak corporate governance and oversight in emerging markets. Satyam founder and chairman Ramalinga Raju admitted on ...
Astoria highlights its heritage - Portland Business Journal
The Astoria-Warrenton Area Chamber of Commerce has produced two new downloadable audio tours highlighting popular historic attractions and movie scene locations. Narrated by local experts who reveal little-known facts and help visitors relive past ...
BUSINESS HIGHLIGHTS: Stocks extend advance...jobless claims bleak ... - Grand Forks Herald
Stocks extend advance: Wall Street saw a merciful end to a dreadful year Wednesday as stocks closed the last session of 2008 with a sizable advance. The Dow Jones industrials rose 108 points to 8,776 ? but plunged nearly 34 percent over the course ...
Conference Highlights Need for Honesty in Real Estate - The Epoch Times
NEW YORK?The real estate market has become a focus in the current financial crisis. On Wednesday, real estate agents, brokers, and business owners from across the nation came to Manhattan for the three-day-long Real Estate Connect conference to ...
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