[ Content | View menu ]

Monthly Archive March, 2009

AIG executive resigns, says he will donate bonus to charity

March 27, 2009

CHARLOTTE, N.C. — An American International Group Inc. executive who got a retention bonus worth more than $742,000 after taxes has resigned publicly — […]

management - Comments closed

Laid-off workers go back to school

March 25, 2009

It’s March 5 and Jason Luxton is spending another day sitting in limbo, not unlike hundreds of friends and colleagues who have fallen victim to […]

marketing - Comments closed

Low oil prices prompt some adjustments

March 24, 2009

Please comment on the prospects for stock of BP PLC. I did not envision its decline.
Lower oil prices make two groups unhappy: oil […]

online - Comments closed

Unions, retirees urge Ottawa to safeguard pension funding rules

March 22, 2009

With pensions and the survival of major companies both hanging in the balance, union leaders, frightened retirees and their advocates are pleading with Ottawa not […]

legal - Comments closed

Report: Lennar may get big discount on land deal

March 20, 2009

Lennar Corp. is reportedly close to buying back at a big discount land it sold to California Public Employees Retirement System in February 2007 for […]

marketing - Comments closed

Some AIG executives agree to return bonuses: report

March 19, 2009

Some top employees of American International Group Inc’s Financial Products group have agreed to return retention bonuses after mounting public outrage over the $165 […]

marketing - Comments closed

“Groupie days” over for funds of hedge funds

March 18, 2009

Funds of hedge funds which have limited losses and can demonstrate robust manager selection and monitoring processes will survive the hedge fund wreckage, even […]

management - Comments closed

U.K. Mortgage Bond Market May Stay Shut Through 2009, BOE Told

March 17, 2009

U.K. residential mortgage-backed bond markets may stay shut throughout the rest of this year as banks nurse losses from the financial crisis, according to […]

money - Comments closed

Four-day gain is best streak since November

March 14, 2009

NEW YORK — A sharp rebound in bank shares and easing worries about the economy this week pushed stocks to their best performance since […]

legal - Comments closed

United Technologies to cut 11,600 jobs

March 11, 2009

High-tech manufacturing company United Technologies Corp. said Tuesday it will issue 11,600 layoffs this year due to the deteriorating global economic outlook.
The company expects […]

online - Comments closed