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Domestic car sales are down about 30%. Sales at Chrysler have been hit hardest, down 50% in the most recent…
According to Reuters, the White House is finishing a bank rescue package , that involves investment by private equity. Reuters…
A look at the companies which announced layoffs in December and January demonstrates that almost no industry is immune from…
Some of the companies that need to let people go have lost such a large portion of their sales that…
According to Reuters, Wall St. workers face a bleak future. Reuters reports that the Senate has agreed to a soft…
Continuing jobless claims rose by 159,000 in the week ended Jan. 17 to a seasonally adjusted 4.78 million, the most…
According to Reuters, American Express (AXP) earnings dropped 72% but still beat expectations. Reuters writes that Geithner was confirmed to…
We have been tracking the layoffs and the weekly jobless claims to figure out what they mean for the economy. …
In a relatively stable economy, quarterly earnings releases and public company forecasts can be useful guides to Wall St. Corporations…
According to Reuters, a House committee advanced the economic stimulus bill. Reuters reports that China’s GDP growth slowed. Reuters reports…
According to Reuters, the financial crisis may speed up the approval of the Treasury Secretary. Reuters reports that Fiat has…
The number of large American companies which have effectively dodged the falling safe of the recession can be counted on…
International Business Machines (NYSE: IBM) has posted some mixed earnings with earnings at $3.28 EPS and revenue at $27.01 billion. …
IBM (IBM) has become a target of antitrust regulators in the European Union. Several media sources say that a US…
According to Reuters, Chrysler and Fiat in are in talks about a possible partnership. Reuters reports that Carlos Slim will…
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