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Wary shoppers point to sharp drop in outlook
Published December 2, 2008, 3:12 am, The Globe and Mail
OTTAWA, TORONTO -- As sales of Miele Ltd. appliances have been hit by the tightening economy, the company has seen its Canadian inventories of high-end dishwashers, stoves and refrigerators rise by as much as 15 per cent to between $20-million and $25-million.
Maybe old Isaac can make sense of it
Published December 2, 2008, 3:09 am, Business Day
The US sharemarket's near 9 per cent tumble on Monday provided as much evidence as anyone needs that Newton's law of gravity is still functioning. Gains made last week were quickly lost without any meaningful addition to news.
AP Executive Morning Briefing
Published December 2, 2008, 3:07 am, AP via Yahoo! Finance
The top business news from The Associated Press for the morning of Tuesday, December 2, 2008: Recession-hit automakers brace for grim US sales
A Bullish Black Friday
Published December 2, 2008, 3:06 am, Forbes
Post-Thanksgiving shoppers spent more than expected.
Nearly 4% of mortgage holders 2 months behind
Published December 2, 2008, 3:06 am, Honolulu Advertiser
NEW YORK — The percentage of people who are two months behind on their mortgages shot up in the third quarter from the same period last year, according to credit reporting agency TransUnion LLC.
Videogame Misfires
Published December 2, 2008, 3:03 am, Forbes
Not every videogame is recession proof. And some just aren't worth buying.
Top Of The League And Miserable...
Published December 2, 2008, 3:03 am, Football365.com
Five Reasons Why We Won't Win The League 1. Robbie Keane - undoubtedly talented but hugely overpriced, and looking like a bigger waste of money than Dirk Kuyt ever did in his wilderness years (before he became our top scorer etc). In the absence of Torres, Keane's presence on the team sheet now elicits a huge Dossena-esque groan rather than £20m worth of relief (I'm sure there's a puerile joke ...
Ford considers selling its Volvo unit
Published December 2, 2008, 3:02 am, San Diego Union-Tribune
DETROIT – Ford Motor Co. is considering selling Volvo Car Corp. as the beleaguered U.S. automaker seeks to raise cash and weather a global automotive sales crisis.
Index futures point to higher Wall St start
Published December 2, 2008, 3:00 am, The Forex Market
* U.S. index futures point to a higher start on Wall Street. Futures for the S&P 500, for the Dow Jones industrial average and Nasdaq are up 1.4-1.6 percent.
International Paper to Cease Pulping Operations at Louisiana Mill After $10 Million Conversion, an Industrial Info ...
Published December 2, 2008, 3:00 am, Marketwire via Yahoo! Finance
Researched by Industrial Info Resources (Sugar Land, Texas) -- Forest products giant International Paper (Memphis, Tennessee) has announced plans to immediately idle pulping operations at a mill in Bastrop, Louisiana.
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