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Monthly Archive August, 2008

Payrolls Probably Fell, Factories Stalled: U.S. Economy Preview

August 31, 2008

Payrolls in the U.S. probably fell in August for an eighth month and manufacturing stalled, signaling growth faltered, economists said before reports this week. […]

economics - Comments closed

Gulf oil braces for Gustav

August 30, 2008

With Tropical Storm Gustav setting its sights on the Gulf of Mexico, oil facilities in the region are facing their first major threat since […]

management - Comments closed

Bankruptcy filings surge to 1 million - up 29%

August 29, 2008

As things in the economy have gotten worse, the number of people and businesses heading to bankruptcy court has spiked.
Bankruptcy filings surged 29% in […]

economics - Comments closed

Workers

August 27, 2008

Workers’ compensation insurance rates in New York state will decline again in 2009, according to Gov. David Paterson.
The rates will drop 5 percent from this […]

finance - Comments closed

Prospects uncertain for Fannie, Freddie

August 22, 2008

As mortgage financiers Fannie Mae and Freddie Mac struggle with continuing credit losses, their ability to raise needed capital is uncertain and, analysts say, […]

technology - Comments closed

Merrill to buy 19 million shares of US Airways

August 18, 2008

US Airways said Thursday that Merrill Lynch has agreed to buy 19 million of the airline’s shares in a new public offering.
Merrill Lynch (MER, […]

money - Comments closed

Analysts take swipe at Goldman Sachs

August 14, 2008

Goldman Sachs appears to be losing some of its luster.
A trio of high-profile bank analysts cut either their rating or earnings estimates for the […]

legal - Comments closed

Qwest rises after upgrade

August 13, 2008

Shares of Qwest Communications International Inc. rose in morning trading Monday after a Citi Investment Research analyst upgraded the stock, saying Qwest could report […]

economics - Comments closed

Wall Street bonuses expected to tumble

August 11, 2008

Looks like Wall Street bankers can kiss those fat bonuses goodbye this year.
Some bankers’ bonuses will be slashed by nearly half in 2008, and […]

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Chrysler, Nissan team up on midsize cars: report

August 9, 2008

A published report says Chrysler LLC and Nissan Motor Co. are in talks over an agreement to jointly produce midsize cars.
The Wall Street Journal […]

term - Comments closed