Dell vows to slash more costs
February 28, 2009
Dell Inc. posted lower fiscal fourth-quarter earnings and sales Thursday, and the computer maker increased its cost-cutting goal to $4 billion from $3 billion […]
technology - Comments closed
Monthly Archive February, 2009
Sears results top estimates, more stores to close
February 27, 2009
Retailer Sears Holdings Corp posted stronger-than-expected quarterly results on Thursday as it cut costs during the recession, and said it was closing 24 additional […]
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EU Officials Concerned About Risks of Pound Drop
February 25, 2009
European Union officials are concerned that the pound’s slide to a record low against the euro could destabilize the British economy, according to a […]
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U.S. Recession Worst in Three Decades, Business Economists Say
February 24, 2009
The U.S. recession will be the worst in more than three decades as job losses mount and consumers and companies retrench, a survey of […]
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St. Louis banks lend on despite slump
February 23, 2009
As panic gripped the financial markets last fall, and big banks begged for bailouts, fear spread that America’s once free-lending bankers would turn into […]
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Even Bill Gates feeling the economic pinch
February 18, 2009
Even billionaire Bill Gates may be feeling the pinch these days.
The value of Gates’ investments fell by $3 billion, or almost 20 percent, in […]
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Many Americans find it too taxing to do their own returns
February 16, 2009
If Timothy Geithner can’t get his taxes right, what hope is there for the rest of us?
I’m poking fun at the failure of […]
money - Comments closed
January retail sales better than expected
February 13, 2009
Retail sales figures released Thursday revealed better than expected results for January.
The U.S. Commerce Department reported retail sales rose 1 percent last month, but fell […]
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Train to get in financial shape
February 10, 2009
Welcome to the Olympics of investing. Unfortunately, you are not a spectator. The S&P 500 index of large-cap stocks has lost more than 40% […]
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Largest car maker now at a loss
February 8, 2009
TOKYO–Toyota forecast its first annual net loss since 1950 yesterday as plunging demand for cars, especially in the U.S., and the strong yen pummelled […]
business - Comments closed