Handle tricky situations with grace
Dear Sam: I worked for 23 years for a well-known company until 3 years ago when I and 99 others were asked to take early retirement. I was off for 3 months when I found a new temp-to-perm position. After 18 months I was promoted to an administrative assistant position with the idea I was a potential permanent hire.
Fed may need to be more open to appease Congress
The U.S. Federal Reserve may face uncomfortably close congressional scrutiny unless it can convince lawmakers that its job in the midst of a crisis is much bigger than merely raising and lowering interest rates.
U.S. consumer pullback continuing
Many economists expect the U.S. recession to end in the second half of this year, but companies catering to consumers showed on Wednesday that the prolonged downturn and rising unemployment are taking a toll on business in the near term.
P&G boosts Dow but Intel drags Nasdaq lower
The Dow and S&P 500 rose in a choppy session on Wednesday on hopes that the recession was moderating and Procter & Gamble's stock jumped after it raised its dividend.
Obama holds out hope for automakers, but bondholders wary
President Barack Obama offered a
First Solar tops industry with largest photovaltic plant in U.S. project
First Solar Inc. will build a 48 Megawatt photovoltaic power plant that would become the largest in the U.S. when its construction is completed in 2010, the company announced on Wednesday.
Fiat CEO says other options to Chrysler deal
Fiat SpA's chief executive said there were other options to a partnership with troubled U.S. car maker Chrysler LLC although he still wanted seal the deal by the April 30 deadline set by Washington.
French Navy seizes 11 suspected pirates during raid
The French Navy detained 11 suspected pirates in a raid off the coast of Kenya Wednesday, the French Ministry of Defense announced.
Hyundai Motor sees no recovery sign yet
The global car industry is showing no convincing signs of recovery yet as sluggishness in developed economies has deeply dented demand, a Hyundai Motor Group vice chairman said on Wednesday.
GM creditor cracks show as bankruptcy looms
The risk of a General Motors Corp bankruptcy is rising, causing bondholders to pursue independent strategies to protect their interests if GM's survival battle moves to bankruptcy court, two sources close to the government talks with GM said on Tuesday.
Consumer prices fall as energy demand slumps
U.S. consumer prices fell in March, posting their first 12-month drop in nearly 54 years, and industrial production slipped further, according to data on Wednesday that underscored the severity of the recession.
Factory data helps Dow, but Intel drags on Nasdaq
The Dow rose on Wednesday after better-than-expected regional factory data added to hopes that the recession is moderating, prompting investors to pick up shares of manufacturers, including United Technologies and 3M Co .
Speculation rife over Skype 2010 IPO value among analysts
EBay announced plans on Tuesday to spin off VOIP company Skype, with an IPO planned for the first half of 2010, leaving analysts busy figuring out how much the public company will be worth.
Consumer pullback seen continuing
Many economists expect the U.S. recession to end in the second half of this year, but companies catering to consumers showed on Wednesday that the prolonged downturn and rising unemployment are taking a toll on business in the near term.
Roche reins new Management
Roche Holding AG said Tuesday it has completed its Genentech acquisition, setting up Genentech CEO Arthur Levinson as the chair Genentech’s new board.
Thai government revokes Thaksin passport
Thailand's government has revoked the passport of ousted Prime Minister Thaksin Shinawatra in connection with protests that put the country into deeper political crisis.
Cuomo expands pension probe with new charges
A former New York state political party leader was criminally charged in a probe of kickback fees paid to manage state pension investments, New York's top legal officer said on Wednesday.
NY Cuomo expands pension probe with new charges
A former New York state political party leader was criminally charged in a probe of kickback fees paid to manage state pension investments, New York's top legal officer said on Wednesday.
Abbott loses sales momentum
Abbott Laboratories Inc on Wednesday reported lower-than-expected quarterly sales, hurt by generic competition for its Depakote anti-seizure drug, but one-time gains and demand for stents drove profit higher.
Regulatory relief may be best hope for UK's ITV
Amid a brutal advertising downturn, the UK's main free to air commercial broadcaster ITV is seeking options to shore up its balance sheet before debt repayments come due in 2011.
Factory data lifts Dow; Intel weighs on Nasdaq
The Dow and S&P 500 rose on Wednesday after better-than-expected regional factory data lifted hopes that the recession is moderating and prompted investors to buy some shares of manufacturers such as United Technologies and 3M Co .
Abbott profit helped by special gains
Abbott Laboratories Inc said first-quarter profit rose, fueled by one-time gains and growing demand for its Xience stent and Humira arthritis drug, but overall sales were shy of expectations.
Oil up slightly as equities bounce
Oil edged higher on Wednesday as stock market rises outweighed a bearish weekly U.S. crude oil inventory report.
US STOCKS-Factory data lifts Dow; Intel weighs on Nasdaq
The Dow and S&P 500 rose on Wednesday after better-than-expected regional factory data lifted hopes that the recession is moderating and prompted investors to buy some shares of manufacturers such as United Technologies and 3M Co .
Technology advances put police behavior in focus
For years police have filmed protesters at demonstrations to identify potential troublemakers and collect evidence for prosecutions.
U.N. monitors quit plutonium site on North Korean orders
International Atomic Energy Agency inspectors turned off surveillance cameras and left the site of North Korea's nuclear bomb program on Pyongyang's demand on Wednesday, a diplomat close to the IAEA told Reuters.
Gates sees more changes to U.S. weapons in 2011
A review of defense programs produced every four years could bring big changes in the Pentagon's fiscal 2011 budget, beyond the sweeping overhaul already unveiled for 2010, U.S. Defense Secretary Robert Gates said on Wednesday.
Obama vows to reform monstrous tax code
President Barack Obama promised Americans his administration would rewrite the monstrous U.S. tax code as millions faced an annual deadline on Wednesday for filing federal income tax returns.
AMR reports loss on economy; stock up
AMR Corp , parent of American Airlines, on Wednesday reported a quarterly net loss on weaker travel demand, although -- excluding items -- the company beat expectations and its stock vaulted higher.
One in 8 U.S. households late paying or in foreclosure
One in every eight U.S. households, a record share, ended 2008 behind on their mortgage payments or in the foreclosure process as job losses intensified a housing crisis spawned by lax lending practices, the Mortgage Bankers Association said on Thursday.
