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Monthly Archive August, 2009

German, French Economies Grew in Second Quarter (Correct)

August 14, 2009

The German and French economies unexpectedly grew in the second quarter, bringing an end to their worst recessions since World War II.
Gross domestic […]

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Berkshire profit rises 14%

August 13, 2009

Warren Buffett’s Berkshire Hathaway Inc posted its best quarter in nearly two years, as recovering stock markets boosted the value of its equity investments […]

economics - Comments closed

Oil slips below $71, on dollar, high supplies

August 11, 2009

Oil prices slipped below $71 a barrel on Monday, as the dollar’s strength and worries about high oil inventories helped counter earlier gains on […]

marketing - Comments closed

Fannie Mae needs another $10.7B in federal aid

August 8, 2009

Fannie Mae, the government-controlled mortgage insurer, said Thursday that it needs another $10.7 billion from the Treasury Department to stay afloat.
The new infusion means […]

economics - Comments closed

House OKs $2 billion more for Clunker program

August 5, 2009

The House on Friday passed a bill to allocate another $2 billion to the Cash for Clunkers program.
The move came after reports on Thursday […]

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The people’s stimulus package

August 3, 2009

As the recession continues decimating Main Street businesses, communities are taking matters into their own hands. From Bowdoinham, Maine, to Chico, Calif., and dozens […]

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Singapore Employers Fire Fewer Workers Amid Signs of Recovery

August 1, 2009

Singapore employers fired fewer workers last quarter as the economy emerged from its deepest recession since independence in 1965.
Employers cut 5,500 jobs in […]

technology - Comments closed