LATEST NEWS |
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01/27/09 This past trading session within the major Asian/Pacific markets for the most part managed to be a good one as each index that was open for
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Lehman Brothers ex-CEO Richard Fold is in hot water after selling his $14 million home in Fla. to his wife for $100. As Kelly Cobiella reports, this
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01/27/09 On Monday companies representing variety of sectors of the economy announced massive layoffs numbering in the thoudands.
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Mr. Obama directed the Environmental Protection Agency to reconsider the Bush administration's past rejection of a California application to regulate
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01/27/09 The stories, data, and stocks that may have the greatest impact during the next trading session.
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Big declines by Pfizer and Caterpillar Monday didn't stop the Dow from closing higher.
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No. 1 drugmaker Pfizer said Monday it is buying No. 12 Wyeth for $68 billion in a deal that will quickly boost Pfizer's revenue and profit and
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Wall Street zigzagged its way to a moderately higher close after navigating the latest earnings and economic news.
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01/26/09 Users of the BlackBerry Storm smartphone have continued to complain over certain hardware and software issues which unfortunately, have hurt
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01/26/09 Oil prices managed to fluctuate to start off the week as investors chose between higher equity markets and further signs of a deteriorating
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The world's largest drugmaker will pay $68 billion for Wyeth, boosting its pipeline as it gets closer to losing its patent on the cholesterol drug
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What is the best way to pay off a reverse mortgage if you don't have the cash? AP Personal Finance Editor Trevor Delaney explains. E-mail your
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The Obama Administration is already signaling that it plans to talk tough on China's currency, but it is not clear if US policy is headed for a major
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01/26/09 US Markets are higher as bank stocks lead the way, though Caterpillar and General Motors are weighing on the Dow.
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01/26/09 Gains in European stocks led the way for a resurfacing in risk appetite as the higher yielding euro currency posted gains in trading against
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01/26/09 With all other major indices being closed this past trading session for national holidays, Japan's Nikkei 225 index managed to post yet
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Caterpillar announced it will slash its workforce by 20, 000 as it predicts the slowest business year since the end of World War 2. Home Depot and
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BUSINESS EXPANDING DESPITE DOWNTURN IN ECONOMY Sun, 25 Jan 2009
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UNEMPLOYMENT WOES Sun, 25 Jan 2009
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economic stimulus Sun, 25 Jan 2009
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Faced with a hard recession more companies are instituting pay freezes in order to cut costs.
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Nomura, Japan's top brokerage, juggling with acquisition of part of Lehman Brothers, reportedly will see a net loss of $3.3 billion last quarter.
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Smart phones that duplicate credit card technology may mean the end of the wallet.
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01/26/09 The nation's third largest provider of wireless services, the Sprint Nextel Corporation (S), announced this morning that they will follow
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Microsoft will cut 5,000 jobs over the next 18 months, a sign of how badly even the biggest and richest companies are being stung by the recession.
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01/23/09 Toyota has overtaken General Motors as the world's largest automaker, selling more cars in 2008.
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Swapping homes is quickly becoming a new trend in real estate.
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01/23/09 The stories, data, and stocks that may have the greatest impact during the next trading session.
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Stocks fell again Thursday; strong earnings from Apple were offset by weak results at Microsoft.
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House leaders are prepared to take up the $825 billion economic stimulus plan next week as Microsoft prepares to cut thousands of jobs amid the
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01/22/09 Microsoft announced today that amid poor product demand in a poor global economy, the company will cut costs by slashing 5,000 jobs over the
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Laid-Off Workers Having Trouble Getting Benefits Thu, 22 Jan 2009
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U.S. Airways dropped there prices in about 60 cities across the United States.
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Wichita Business Journal Thu, 22 Jan 2009
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VIDEO: Unemployment Fund Low 1-21-09 Thu, 22 Jan 2009
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Stocks ended another fractious session with sizable losses.
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01/22/09 Another increase in crude inventories led the way for yet another volatile trading session at the NYMEX as oil prices managed to settle in
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01/22/09 The major Asian/Pacific markets reversed their recent trends this session as domestic baking sector gains led the way for positive end
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01/22/09 Stocks fall as Microsoft unexpectedly announces plans to cut thousands of jobs.
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01/22/09 The combination of poor US and euro-zone data led the way for active money markets with results remaining for the most part stable during
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01/22/09 Alan Valdes, of Hilliard Lyons, says it's a tough time for investors to trade because the markets are too volatile to get involved.
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1/22/09 The world's largest mobile phone maker Nokia (NOK) announced today that with a deteriorating economy crimping product demand, its fiscal 4Q
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01/22/09 The National Association of Homebuilders projects the housing slump won't turnaround for another year.
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The crisis facing Iceland's government deepens amid further protests over its handling of the financial chaos. Prime Minister Geir Haarde says his
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01/22/09 The stories, data, and stocks that may have the greatest impact during the next trading session.
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Strong earnings from Dow component IBM fueled a market rally Wednesday.
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By offering deep discounts and some itinerary changes to shorter, cheaper voyages, the cruise industry is keeping ships full.
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01/21/09 The UK's sterling pound continues to get pounded this session as it managed to hit a 25 year low in trading against the dollar as well as
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01/21/09 Oil prices jumped this past trading session led by a rebound on Wall Street as the March crude contract became the front month.
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Wall Street regained most of the Inauguration Day plunge, rising sharply on news that IBM's year-ahead outlook will easily been estimates.
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