Jobless claim monthly average at Katrina levels
February 25, 2008
The number of newly laid off workers filing claims for unemployment benefits fell last week, but the larger-than-expected drop was seen as only a […]
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Monthly Archive February, 2008
Delta-Northwest deal faces many hurdles
February 23, 2008
A possible deal between Delta Air Lines Inc and Northwest Airlines Corp faces severe challenges that beg the question: Can this merger work?
Delta (DAL.N: […]
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Chips, beer off the grocery list as inflation bites
February 21, 2008
Steep food and fuel prices that are taxing global consumers and handcuffing recession-wary central bankers threaten to seep deeper into export channels, triggering a […]
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N.Y. manufacturing lowest since May
February 20, 2008
Business conditions for manufacturers in the state of New York worsened for the fourth straight month, according to the Federal Reserve Bank of New […]
Wal-Mart dumps HD DVDs to back Blu-ray
February 17, 2008
Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research) has decided to exclusively sell high-definition DVDs in the Blu-Ray format, dealing what could be a crippling […]
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Fed to act as needed to support growth
February 15, 2008
Federal Reserve Chairman Ben Bernanke told Congress on Thursday the central bank will act as needed to help the struggling U.S. economy, but it […]
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Wholesale inventories grow as sales fall
February 11, 2008
December Wholesale inventories increased 1.1% and sales fell 0.7% from November, the U.S. Census Bureau announced Friday.
Economists polled by Thomson financial had expected inventories […]
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Delta, Northwest merger talks advance
February 9, 2008
Delta Air Lines and Northwest Airlines are inching closer to a combination that would create the nation’s largest carrier, and if a deal is […]
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Auto sales: GM defies industry
February 5, 2008
All major automakers, except for General Motors Corp., saw their U.S. sales drop in January to start what industry analysts have predicted will be […]
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No cost cutting plan in Tyson
February 1, 2008
A big cost-cutting program is not likely this year at Tyson Foods Inc. (TSN.N: Quote, Profile, Research), the nation’s largest meat company, even as […]