Video Results: "recession"

» 8 results in Specials» 6 results in World» 98 results in Business
» 2 results in Technology» 9 results in U.S.» 1 results in Health
» 2 results in People» 2 results in Sports 
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News results: "recession"

« 12 results in "Video Games"« 6 results in "Health"« 6 results in "Movies"
« 2 results in "Gadgets"« 2 results in "People"« 6 results in "Sports"
« 30 results in "U.S."« 28 results in "Specials"« 3 results in "Science"
« 10 results in "Music"« 30 results in "World"« 30 results in "Technology"
« 30 results in "Business"
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Video: Specials

Pay-what-you-want tourism

At at time when people are being careful with their cash, free city tours should appeal to all...
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Tokyo dining shines despite economy

Japan may be in recession, but for those with the cash, Tokyo remains the world's best dining...
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Art you can still afford, maybe

Even as recession bites, consumers should still be able to buy original art at affordable prices,...
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UK's Brown up, despite recession

Prime Minister Gordon Brown popularity has soared, according to the latest poll, narrowing the...
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Betting on better times

Casualties of the economic slowdown in South Korea are turning to gambling on the longshort of...
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Indian models dare to bare

Models turn on the heat at a lingerie show in Mumbai, showcasing latest designs for the upcoming...
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Fun and fears at the Toy Fair

Over 200 exhibitors are showcasing new toys at the 56th annual London Toy Fair but recession...
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And Finally...Justice on Wheels

A mobile courtroom, recession-friendly drinks, and tough guys try to out-tough each...
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Video: World

Japan juggles PM policy vacuum

The second Japanese prime minister to resign in less than a year threatened Tuesday to create a...
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Bush appeals to Congress

President George W. Bush has warned that the United States is the middle of a serious financial...
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Recession worries slam Wall St.

Wall Street suffered a major setback on Thursday as speculation about a U.S. plan to invest in...
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Beyond the Group of Seven

A two day economic summit in Washington will include emerging nations like China, Brazil, and...
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UK strikes spread

Industrial action in the UK continues as row over foreign workers intensifies. Hundreds of...
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China lends Russian oil $25 billion

China lends Russian oil companies $25 billion in exchange for 20 years of oil from their new East...
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Video: Business

China urges U.S. to act

China urged the U.S. Thursday to spare no effort to stabilise its economy and financial markets...
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Labor market worsens

Recession worries gained further momentum on Wednesday after a private report showed U.S....
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Bulls rule despite economic gloom

Wall Street finished higher in another choppy session as investors overlooked recession jitters...
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UK economy going down the tubes

Jul 21 - A sombre report from Ernst & Young predicts that Britain will struggle to avoid a...
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Consumer worries rise

Jul. 22 - Disappointing results or outlooks from key consumer-related companies like American...
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Shoppers keep recession at bay

Jul. 31 - The U.S. economy grew in the second quarter thanks to economic stimulus checks given to...
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Economic jitters weigh on Asia

Growing economic pessimism weighed on Asian investor confidence Friday, but market players looked...
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UK inflation woes

UK consumers face rising inflation that analysts warn is increasingly likely to put upward...
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Dollar regaining a foothold?

The U.S. dollar is in the midst of a rebound as some global investors bet the American economy...
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Japan economy shrinks

Japan's economy contracted, reinforcing views the world No. 2 may have slipped into recession...
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Europe's "motor" slows down

The German economy contracts in the second quarter of 2008, but by a less-than-expected 0.5...
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Eurozone recession fears

Fears of eurozone recession grow as GDP contracts in the two largest European economies, France...
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Japan tries to fend off recession

Japan is trying to fend off recession with inflation at a decade high and a package of stimulus...
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Recession on the runway

New York Fashion Week opens with designers interpreting the troubled economy in different...
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New Home Sales Fall, Unemployment Rises

A trifecta of bad news about the economy raised new worries about a possible recession and...
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Markets fall on U.S. recession fears

European markets reverse earlier gains after data from the U.S. stoked fears that the world's...
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Record drop for UK house prices

Investors speculate the figures increase the chance of an interest rate cut by the Bank of...
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Dow touches 5-year low

Worries the government's $700 bank bailout will not be enough to prevent a recession in the U.S....
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Dow slumps below 10,000

U.S. blue chips closed below 10,000 for the first time since October 2004 as growing worries of a...
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IMF: "the cusp of global recession"

IMF Managing Director Dominique Strauss-Kahn said the global economy is on the brink, but if...
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S&P 500 limps from worst week ever

Investors ended the worst week in Wall Street history with extremely volatile trading as some...
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Bush: G7 needs coordination

U.S. President Bush said the world's major economies will stand together and do what it takes to...
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Asia greets G7 weekend pledges

Asian markets started higher on Monday after officials pledged to help repair the world's broken...
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Retail data hikes

Retail sales figures for September came in much worse than expected exacerbating worries of a...
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Dow plunges below 8,600

A bleak September retail sales report ignited recession fears and sent stocks sharply lower...
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Overseas Markets Slide

European and Asian stock markets mostly fell back Wednesday after a two-day rally amid...
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Restructuring global finance

European leaders meeting in Brussels called for immediate action to counter the financial crisis...
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Late-day surge lifts stocks

The Dow swings wildly but bounces back, ending up 400 points, thanks to bargain hunters. The...
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Stocks mixed, market fears remain

Regional market gains were muted by investor concerns over a slowing global economy. Asia...
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Shoppers add to recession fears

Recession concerns were heightened Friday after separate reports showed consumer attitudes in a...
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Germany moves to approve bailout

Germany's Bundestag lower house of parliament approves a 500 billion euro bank rescue package with...
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Dow's best week since '04

Blue chips surged 4.75 percent in its strongest weekly gain in 4-1/2 years, but floundered on...
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Video games dodge tough economy

Despite a looming recession, the video game industry continues to grow and retain loyal...
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Wall St. slumps 6 percent

Investor sentiment soured further on Wednesday as weak corporate results reinforced growing...
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UK company insolvency to rise

With financial markets faltering and fears of a global economic recession intensifying, the...
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European stocks fall on econ fears

European shares fall as the spectre of a global downturn hit industrials, banks and...
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Consumers lead U.S. economic retreat

The biggest quarterly fall in consumer activity in 28 years pushed the U.S. economy closer to an...
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London opens huge shopping centre

When the economic going gets tough, the tough open a new shopping centre. The largest...
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Germany to spend and fight recession

Germany and Japan say they may spend billions of dollars to bolster the economy in a bid to stave...
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Wall St. ignores shrinking economy

Stocks jumped on Thursday despite signs the U.S. economy was one step closer to an official...
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Election '08: What business wants

Fear of a recession is growing among U.S. businesses on the eve of the 2008 presidential...
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Grim economic outlook for Europe

The European Commission says that although a banking meltdown may have been averted, recession...
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Gloom offsets UK rate slash

Wall Street followed European stocks sharply lower early Thursday as investors fear rate cuts may...
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Asia shares hit, oil dips

Asian shares mostly declined as global recession fears and Wall Street's worst two-day tumble...
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Global data adds to anxiety

A slew of negative readings from China, Japan and Britain compounded global recession...
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Asia stocks slide, yen jumps

Asian stock markets tumbled early Thursday, hit by renewed financial crisis jitters and signs the...
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Biggest retail sales drop on record

October saw the largest one-month fall in U.S. retail sales, government figures showed, as job...
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Recession fears spark new gold rush

Many investors appear to be pinning some of their hopes on gold and other precious metals to...
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Recession hangs over G20 summit

As Europe is plunged into recession, world leaders assemble in Washington to discuss a new...
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Japan's recession

Japan's first recession in seven years combined with Europe's downturn, painting a grim picture...
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Citi, Japan fan recession fears

Citigroup's plan to slash 52,000 workers and Japan's slip into an official recession stoked fears...
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Dark days in Scandinavia

The Nordic region, known for its buoyant labour market, is now feeling the effects of the global...
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Stocks knocked back to 1997

Wall Street was punished as a spike in unemployment claims and continued uncertainty about the...
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Asia rallies on bargain-hunting

Asian shares shook off a host of economic and company woes, rallying on mild bargain-hunting and...
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Big Asia deals stall

Two major takeover deals in the Asian region broke down, rattling the shares of targets Rio Tinto...
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Euro spending spree plan

The European Commission unveils a 260 billion dollar scheme to revive the bloc's struggling...
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Japan output nosedives

Japan's economic picture turned gloomier Friday, with industrial output tumbling and the risks of...
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Asia eyes cenbank moves

Asian shares found support Monday on hopes about central bank action to stem rapidly slowly...
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Christmas cheer for shoppers?

German shoppers aren't letting recession scare them away from stores in the run-up to Christmas,...
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Recession hits U.S. shores

An official declaration of an American economic recession sent Wall Street stocks on a 9 percent...
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U.S. officially in a recession

The National Bureau of Economic Research officially declares the U.S. economy is in a...
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Stocks Drop Nearly 700 on Recession Confirmation

The reality that the nation is indeed in recession and that the downturn may well be prolonged...
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Asian share tumble

Asian shares tumbled Tuesday following Wall Street as fears over a long lasting global recession...
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No Christmas joy in service industry

The euro zone's services economy fell deeper into recession in November adding pressure for a deep...
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UK, ECB make record rate cuts

The European Central Bank pares rates by a record 75 basis points, while Britain's Bank of...
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Japan deeper in recession

Japan's export-driven economy is deeper in recession than initially thought, reinforcing...
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World Bank: 2009 will be grim

The world economy is expected to have a tough year in 2009 with the major World economies in...
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European car sales tumble

Carmakers cut output as Europe sales fall 26 percent. Volkeswagen's Spanish auto maker Seat...
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Japan eyes new bad loan plan

Japan's government and central bank are eyeing a $110 billion bad loan buying-scheme, the Sankei...
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Germany ponders tax cuts

German Chancellor Angela Merkel plans to include tax relief in a second stimulus plan designed to...
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Japan's tent city

Hundreds of homeless people spent the New Year living in a Tokyo park to demand jobs as rising...
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Japan spending slides

The slowdown in the world's No.2 economy has been staggering and nowhere more so than at its...
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Germany unveils second stimulus plan

Germany presents a new 50 billion euro stimulus package, designed to help the economy through the...
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Starbucks see no China slowdown

Coffee giant Starbucks is closing stores in markets racked by recession, but says there's no sign...
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Business Update: Retail chill

U.S. total December retail sales were in a deep freeze, according to government statistics, which...
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ECB cuts rates to two percent

The European Central Bank cuts interest rates for the fourth month running, lowering them by...
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Obama warns economy could get worse

Obama says economy likely to get worse before it improves, even with a range of economic measures...
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Business Update: Stocks, 2 month low

Wall Street joined a global sell-off after results from a major U.S. financial company added to...
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Business Update: Stimulus progress

House leaders are prepared to take up the $825 billion economic stimulus plan next week as...
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Davos 2009: Putin and Wen warn

The Russian and Chinese prime ministers called for cooperation not isolation during the global...
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Business Update: Economic angst

Wall Street had it worst day in over a week as record continuing unemployment claims and more...
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Business Update: factory drop eases

The pace of contraction in euro zone manufacturing activity shows signs of easing, but still...
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Business Update: Barbie's blues

Profits were sharply lower at toy company Mattel, maker of Barbie dolls, as recession-battered...
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CEOs feel "entitled"

CEOs are reluctant to give up bonuses and other perks despite the recession because they feel...
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Business Update: UPS jobs stay

United Parcel Service, the No. 2 package delivery service behind FedEx, did not announce massive...
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Japan's brave face

Japan's $13-billion cosmetics industry is feeling the pinch of the global economic slowdown,...
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UK economy faces deep recession

The latest forecast from the Bank of England is for an economic contraction of 4-percent over the...
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Obama's stimulus gamble

Should the economic recovery plan work, the goal of saving or creating 4 million jobs will have...
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G7 to fight recession

The G7 industrial powers said they will tackle the recession doing all that they can without...
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G7 crisis talks

The G7 group of industrialised nations ends a meeting in Rome with a pledge to combat recession...
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Business Update: Europe crisis

Ratings agency Moody's warns recession is hitting emerging Europe harder than other regions as...
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Business Update: U.S. joins sell-off

U.S. stocks fell 4 percent in early Tuesday trade amid fear efforts to ease the global economic...
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Business Update: Grim Fed

The Federal Reserve sharply reversed its economic expectations for the year, while raising...
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Business Update: Japan recession

Japan's factory output fell by a record 10 percent, while joblessness rose in the world's No.2...
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Champagne feels the pinch

Champagne is losing its fizz in Britain, with the recession dampening demand for a drink associated...
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UK entrepreneur bowls over America

Natalie Ellis defied the odds to make more than a million dollars in the U.S. with her non-spill...
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UK entrepreneur bowls over U.S.

Natalie Ellis defied the odds to make more than a million dollars in the U.S. with her non-spill...
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The Fed's big fix

The Federal Reserve is using every weapon in its arsenal to battle the recession. The markets...
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Video: Technology

Spy gadget sales defy recession

An alarm clock fitted with a pin-sized video camera, a GPS-enabled tracking device and recording...
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Netflix Sees Continued Growth During Recession

Netflix's DVD rental and Internet streaming service is becoming increasingly appealing to...
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Video: U.S.

Obama and the States

President-elect Obama offered his assurances to strapped state governors that help is on the...
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New Yorkers discover home cooking

Americans hurt by the recession are buying cheaper food and cooking at home instead of dining...
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Obama urges bold action on economy

President-elect Barack Obama warned of a lengthy recession without decisive action and passage of...
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Bush legacy shaped by crisis

As President Bush prepares to leave office, he leaves behind two unfinished wars and the U.S....
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Bush Departs

After two terms in office, George W. Bush becomes a former President leaving behind two wars and...
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Obama's Parade

The First Couple braved Washington's cool weather where they received a warm...
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Obama's Day One: Recession, War, Ethics

On his first day in office, President Barack Obama tackled the economy, wars in the Mideast and...
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Obama lobbies Republicans

President Obama is focused not just on passing an $825 billion economic stimulus plan-- but on...
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Shame and suicides

Job losses and investment losses are pushing some of the rich and poor alike to take their...
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Video: Health

Drugmakers' recession prescription

The pharmaceutical industry faces challenges, but has cash on hand Despite concerns about...
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Video: People

New Music: Young Jeezy, New Kids on the Block

Young Jeezy releases his third LP, 'The Recession'; New Kids On the Block reunite for 'The Block';...
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Cutting costs in Ghana

At a time when many global economies are going into recession, Ghana has seen steady economic...
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Video: Sports

MLB cautious on 2009

Major League Baseball Commissioner Bud Selig, whose sport is coming off a record year, downplayed...
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Recession Putting the Brakes on NASCAR

Three-time NASCAR champion Jimmie Johnson is in New York this week. He's doing interviews before...
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Video Games

Video Gaming Industry, Nintendo Feel the Recession

Video Gaming Industry, Nintendo Feel the Recession

The economic recession affects everyone and the video gaming industry makes no exception. According...
» read full story April 17th, 2009 - 15:12
Nintendo President: No Price Cuts for Wii, DSi

Nintendo President: No Price Cuts for Wii, DSi

Japanese video games developer Nintendo doesn’t have any plans of cutting prices on its Wii...
» read full story April 09th, 2009 - 14:58
Microsoft Game Studios Are Keeping up with the Recession

Microsoft Game Studios Are Keeping up with the Recession

According to Gamasutra and VentureBeat, as part of its move to cut 5,000 jobs over the next 18...
» read full story January 23rd, 2009 - 22:44
Gaming Industry Sales Hit Record High At The End Of 2008

Gaming Industry Sales Hit Record High At The End Of 2008

  In times of recession, we hardly ever think we could hear the word ‘record’ and...
» read full story January 16th, 2009 - 20:24
Morgan Pachter’s Take on the PS3’s Present and Future

Morgan Pachter’s Take on the PS3’s Present and Future

The November NPD Group report showing the increased gap between PlayStation 3 and Xbox 360 sales...
» read full story December 17th, 2008 - 14:30
Is the PS3 Going Titanic on Us?

Is the PS3 Going Titanic on Us?

Sony and its PS3 haven’t been doing so well lately, or at least as well as Nintendo’s Wii or...
» read full story December 16th, 2008 - 14:37
Xbox Outsells PS3, But Nintendo Wii Is The Absolute Winner

Xbox Outsells PS3, But Nintendo Wii Is The Absolute Winner

It may be recession time for some companies, but not for Nintendo, as the console maker proved in...
» read full story December 15th, 2008 - 16:17
Gaming Industry Defies Recession, Nintendo Wii Leads the Way

Gaming Industry Defies Recession, Nintendo Wii Leads the Way

One of the very few sectors that is still avoiding the recession which struck the country’s economy...
» read full story December 13th, 2008 - 12:44
Video Game Sales Are Defying The Recession Trend

Video Game Sales Are Defying The Recession Trend

According to new data from NPD Group, a retail sales tracking firm, the video game market continued...
» read full story December 12th, 2008 - 23:56
Wii Sell! – Nintendo Sells Whopping 2 Million Consoles in November

Wii Sell! – Nintendo Sells Whopping 2 Million Consoles in November

The Nintendo Wii seems unfazed by the economic recession, as the console is dominating the...
» read full story December 12th, 2008 - 15:33

Video games make killing even in bleak season

San Francisco - The economy is in the doldrums, and shoppers everywhere are cutting back on...
» read full story December 10th, 2008 - 07:29
Video Game Industry Seems To Ignore Economic Downfall

Video Game Industry Seems To Ignore Economic Downfall

It seems that in rough times, people spend money on entertainment, and that as entertainment goes,...
» read full story November 25th, 2008 - 19:43
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Health

US Prescription Drug Sales Continue to Be Slow in 2008

US Prescription Drug Sales Continue to Be Slow in 2008

According to market research firm IMS Health Inc., sales of prescription drugs...
» read full story March 20th, 2009 - 16:50
Americans Suffer From Severe Sleeping Problems Because of the Recession

Americans Suffer From Severe Sleeping Problems Because of the Recession

It appears that the recession has forced Americans to cut back on everything from health care to...
» read full story March 03rd, 2009 - 00:57
Obama’s Budget Outline

Obama’s Budget Outline

President Obama promised more money for conservation and renewable energy in his budget outline...
» read full story February 26th, 2009 - 23:49
The Economic Downturn Causes Lay-Offs For Dental Offices

The Economic Downturn Causes Lay-Offs For Dental Offices

Due to the current economic recession, more and more families are losing dental insurance or facing...
» read full story February 16th, 2009 - 18:00
Hong Kong’s Government Does Not Want to Admit Bird Flu Outbreak

Hong Kong’s Government Does Not Want to Admit Bird Flu Outbreak

  Hong Kong has not officially reported any cases of bird flu since December, but a Hong Kong...
» read full story February 04th, 2009 - 16:48
Most Unemployed People Can't Afford A Health Insurance

Most Unemployed People Can't Afford A Health Insurance

It looks like the cost of buying health insurance is too big for unemployed Americans. This...
» read full story January 10th, 2009 - 15:36
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Movies

Japan's animation artists hit by economic downturn

   Tokyo - Young Japanese animation artists are hit hard by the global economic...
» read full story March 18th, 2009 - 19:53
Action Packed Granny Defied The Young and Pretty Jonas Brothers at This Weekend’s Box Office

Action Packed Granny Defied The Young and Pretty Jonas Brothers at This Weekend’s Box Office

Despite the fact that the Jonas Brothers film, featuring the band on stage and off, took in $12.7...
» read full story March 02nd, 2009 - 01:10
“Spring Breakdown” And Its Sundance Premiere

“Spring Breakdown” And Its Sundance Premiere

Ryan Shiraki returned to the Sundance Film Festival this year with the very much-talked about...
» read full story January 18th, 2009 - 02:31
The First Box Office Top Five of the Year

The First Box Office Top Five of the Year

Twentieth Century Fox's "Marley & Me" remained on top at the box office, beginning...
» read full story January 05th, 2009 - 21:15
Film Workers Publicly Disagreed with the SAG Strike

Film Workers Publicly Disagreed with the SAG Strike

About a dozen film industry workers have protested outside a meeting of the Screen Actors Guild...
» read full story December 18th, 2008 - 23:39
About 130 Hollywood Actors Are Publicly Against Strike Vote

About 130 Hollywood Actors Are Publicly Against Strike Vote

More than 130 actors signed a letter urging their colleagues from the Screen Actors Guild to reject...
» read full story December 16th, 2008 - 21:15
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Gadgets

Ford Introduces SYNC 3.0 Car System

Ford Introduces SYNC 3.0 Car System

 Automakers may not have the best perspectives at the moment, considering the economic...
» read full story January 10th, 2009 - 13:00
Nintendo Sells Whopping 2 Million Consoles in November

Nintendo Sells Whopping 2 Million Consoles in November

The Nintendo Wii seems unfazed by the economic recession, as the console is dominating the...
» read full story December 15th, 2008 - 08:45
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People

Bird’s Eye View On How Stars Dress Up During The Economic Recession

History is repeating annually as the Academy Awards ceremony is always the best opportunity for...
» read full story February 23rd, 2009 - 20:03
Suri Cruise And Shiloh Jolie-Pitt Switch Places Is Hollywood's Hottest Tot Top

Suri Cruise And Shiloh Jolie-Pitt Switch Places Is Hollywood's Hottest Tot Top

Beating strong competition from Brangelina's children, TomKat's two-year-old daughter Suri Cruise...
» read full story November 20th, 2008 - 21:45
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Sports

Madrid optimistic of hosting 2016 Olympics despite financial woes

Madrid  - Madrid expressed again Thursday its confidence in being chosen to host the 2016...
» read full story May 07th, 2009 - 22:38

Federer "honeymoon" starts on the Monte Carlo clay

Monte Carlo - Roger Federer obtained the all-clear from pregnant wife Mirka before preparing to...
» read full story April 14th, 2009 - 17:35

Schumacher names F1 cost-cutting a necessary move

London - Drastic cost-cutting measures in Formula One racing won't change the pecking order in the...
» read full story December 14th, 2008 - 18:51

Honda exit confirms the cold hand of recession on sport

Hamburg - Honda's withdrawal from Formula One racing came as a shock on Friday, but there were...
» read full story December 05th, 2008 - 15:47

Real Madrid Planning To Dominate Winter Transfer Market

Madrid - The Spanish property bubble has long since burst, the Spanish economy is entering into...
» read full story November 21st, 2008 - 16:18

Sports World Still Calm amid Finance Market Turmoil

Hamburg - With banks battling for survival, markets reporting takeover scrambles and company...
» read full story October 20th, 2008 - 10:20
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U.S.

US retail sales dip slightly; home foreclosure filings ease up

Washington - US retail sales dropped in April for the second straight month, the Commerce...
» read full story May 13th, 2009 - 18:44

US banks turn to investors for cash after stress test findings

Washington - Major US banks turned to private investors Friday in the hopes of finding 75 billion...
» read full story May 08th, 2009 - 19:56

US jobless rate reaches 8.9 per cent, less than expected

Washington - The US unemployment rate climbed to 8.9 per cent in April, its highest level since...
» read full story May 08th, 2009 - 19:34

Obama marks 100 days by touting steps on economy

Washington  - US President Barack Obama marked 100 days in office by citing the progress his...
» read full story April 29th, 2009 - 19:08

US stocks recover as Geithner says many banks have enough funds

Washington - US markets rallied Tuesday led by financial shares, after Treasury Secretary Timothy...
» read full story April 22nd, 2009 - 09:40

Tax Day in the US: Tea Party protests and last-minute filings

Washington - As US workers rushed to meet an annual deadline to file their tax returns,...
» read full story April 15th, 2009 - 20:54

Obama sounds upbeat on economy, but warns "hard times" still ahead

Washington - President Barack Obama on Tuesday said the government's efforts to pull the US economy...
» read full story April 14th, 2009 - 17:32

Back in US, Obama turns to domestic issues

Washington - US President Barack Obama put the spotlight back on his domestic agenda Thursday after...
» read full story April 09th, 2009 - 19:08

US lost 663,000 jobs in March, unemployment 8.5 per cent

Washington - The United States shed 663,000 jobs in March, lifting the unemployment rate to 8.5 per...
» read full story April 03rd, 2009 - 18:57

US President Obama set to make debut on world political stage 

London - US President Barack Obama marks his debut on the world stage Wednesday, in a series of...
» read full story April 01st, 2009 - 11:25

US Congress releases first draft of climate bill

Washington - US legislators on Tuesday unveiled far-reaching climate legislation that would boost...
» read full story March 31st, 2009 - 20:18

Six killed in Silicon Valley shooting

San Francisco - Six people, including three children, were killed in a family shooting at an...
» read full story March 30th, 2009 - 19:06

US ultimatum for carmakers: restructure or face bankruptcy

Washington  - The struggling US car industry will be given one last chance to restructure...
» read full story March 30th, 2009 - 18:03

US economy down 6.3 per cent at end of 2008: revised data

 The US economy shrank by 6.3 per cent in the final quarter of 2008, reflecting a drop in...
» read full story March 26th, 2009 - 16:30

Obama tackles US tax code, 300 billion dollars in savings

Washington - US President Barack Obama will name a task force to overhaul the country's 96-year-old...
» read full story March 25th, 2009 - 19:09

Obama defends spending as key to future economic growth

Washington  - US President Barack Obama defended the spending outlined in his budget Tuesday,...
» read full story March 25th, 2009 - 12:29

Carnival cruises reports first-quarter profits despite recession

 Carnival Corp, the world's largest cruise-line operator, Tuesday reported first-quarter...
» read full story March 24th, 2009 - 19:23

Obama launches media blitz ahead of G20, at home and abroad

Washington - US President Barack Obama took his economic prescriptions to a global and domestic...
» read full story March 24th, 2009 - 17:39

US Treasury Secretary Geithner to unveil details of finance rescue

Washington  - US Treasury Secretary Tim Geithner plans to unveil later Monday details of a...
» read full story March 23rd, 2009 - 07:43

Obama backs Geithner, rules out resignation

Washington - US President Barack Obama backed his embattled Treasury Secretary Timothy Geithner and...
» read full story March 22nd, 2009 - 20:58

Obamas promote "homegrown" with White House veggie garden

Washington  - With an eye to the nation's expanding waistlines and dwindling incomes, Michelle...
» read full story March 20th, 2009 - 20:05

Obama keeps promise on California visit

   Los Angeles - US President Barack Obama visited the Southern California town of...
» read full story March 20th, 2009 - 09:55

Obama launches initiative for hybrid-electric cars

Washington - US President Barack Obama announced a 2.4- billion-dollar plan Thursday to promote...
» read full story March 19th, 2009 - 20:45

Obama defends ambitious budget as in-step with economic challenges

Washington  - US President Barack Obama on Tuesday defended his ambitious budget proposals,...
» read full story March 17th, 2009 - 19:33

Obama unveils measures for small businesses at "heart" of economy

Washington  - US President Barack Obama laid out a new effort Monday to help small businesses...
» read full story March 16th, 2009 - 20:27

Seattle Post Intelligencer stops the presses

San Francisco  - The Seattle Post-Intelligencer newspaper will print its last edition on...
» read full story March 16th, 2009 - 19:37

Bernanke: US recession could end this year

Washington - US Federal Reserve chairman Ben Bernanke said in a television interview aired Sunday...
» read full story March 16th, 2009 - 08:08

TV entertainment holds mirror to US during recession

Los Angeles - US viewers turning to their televisions for comfort and distraction from economic...
» read full story March 14th, 2009 - 13:37

US trade nominee Kirk: No "deal fever" in Obama administration

Washington - Ron Kirk, President Barack Obama's nominee for US trade representative, pledged...
» read full story March 10th, 2009 - 08:24

Public transportation in US at highest level in 52 years

Washington - More people in the United States are using public transportation than at any time in...
» read full story March 09th, 2009 - 19:20
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Specials

Gamblers cheer as Australia's economy crashes

   Sydney - Gamblers who tipped that the government was wrong and that Australia...
» read full story April 22nd, 2009 - 09:20

Fox blasted for turning layoffs into entertainment

Los Angeles - A new reality TV show by US network Fox will ask workers at small businesses to vote...
» read full story April 10th, 2009 - 11:49

Hard times make hairy men more attractive to women

   Sydney  - The recession has made beefy blokes like Hugh Jackman and Daniel...
» read full story April 05th, 2009 - 18:29

Pets in United States becoming victims of economic crisis

Washington - The US economic crisis is affecting not only Americans, but is having an increasingly...
» read full story March 26th, 2009 - 15:56

IMF: Global economy to shrink in 2009

Washington - The global economy could shrink as much as 1 per cent this year, the International...
» read full story March 19th, 2009 - 21:38

Barbie turns 50, looking better than many 20-year-olds

Even after living for five decades as an international jet-setter, Barbie still looks like a...
» read full story March 07th, 2009 - 12:57
Preparing for the Easter Lent

Preparing for the Easter Lent

On Ash Wednesday, the first day of the Easter Lent, people are beginning to prepare for the holy...
» read full story February 26th, 2009 - 18:05

Yves Saint Laurent Artworks Collection Smashes Records

  An auction comprised of artworks and treasures amassed by the late designer Yves Saint...
» read full story February 25th, 2009 - 15:01
Mardi Gras Festivities Are Recession Proof

Mardi Gras Festivities Are Recession Proof

  Tourism officials from New Orleans have announced that they did not believe that the global...
» read full story February 24th, 2009 - 20:25
Microsoft Kicks Off  Job Training Program

Microsoft Kicks Off Job Training Program

  Sunday, Microsoft Corporation announced that it had developed a website called Elevate...
» read full story February 23rd, 2009 - 18:47
Hugh Jackman Sings His Way into the Oscars

Hugh Jackman Sings His Way into the Oscars

This year’s 81st Academy Awards ceremony saw a new host on its extravagant stage, as well...
» read full story February 23rd, 2009 - 15:00

Oscar Ads Cost Less

The Oscar ceremony this year is expected to lose some of its usual sparkle.   As part of a...
» read full story February 20th, 2009 - 14:31
Fashion Week Tries to Combat the Effects of Recession

Fashion Week Tries to Combat the Effects of Recession

As the semi-annual New York Fashion Week is only one step away and recession is ruthless with the...
» read full story February 12th, 2009 - 14:02
Obama Has a ‘Bush Scene,’ Bumps Head on Helicopter

Obama Has a ‘Bush Scene,’ Bumps Head on Helicopter

Forget the economy and the stimulus plan, the two wars our nation is waging in Iraq an Afghanistan,...
» read full story February 10th, 2009 - 17:24
China Celebrates the Year of the Ox

China Celebrates the Year of the Ox

On Sunday afternoon, China welcomes the Year of the Ox at its annual Chinese New Year celebration....
» read full story January 23rd, 2009 - 16:12
Celebration for the Chinese New Year

Celebration for the Chinese New Year

  The end of January is the end of the first month of the year for us, but for those...
» read full story January 22nd, 2009 - 15:42
Less Profit For Intel

Less Profit For Intel

It is the turn of big companies to feel the effects of the world economic crisis, and after Nortel...
» read full story January 16th, 2009 - 23:49
Boost Mobile To Offer $50 Unlimited Voice/Data Plan On Jan. 22

Boost Mobile To Offer $50 Unlimited Voice/Data Plan On Jan. 22

  Sprint Nextel’s Boost Mobile unit has announced the availability on January 22 of an...
» read full story January 16th, 2009 - 14:55
Screen Actors Guild Close to Ousting Chief Negotiator Doug Allen

Screen Actors Guild Close to Ousting Chief Negotiator Doug Allen

The national board of the Screen Actors Guild seems to be determined to go ahead pressing on with...
» read full story January 14th, 2009 - 14:28
CES Is Filled with New Technologies, But Will the Customers Afford It?

CES Is Filled with New Technologies, But Will the Customers Afford It?

Even though all big manufacturers have displayed new products and revolutionizing technologies at...
» read full story January 09th, 2009 - 12:33
Everybody Is Expecting Obama’s Health Care Reform

Everybody Is Expecting Obama’s Health Care Reform

It’s not a secret to anyone that healthcare in the U.S. is currently flawed. Healthcare...
» read full story December 28th, 2008 - 23:05

ANALYSIS: Bad tidings for news industry as Tribune goes bankrupt

Los Angeles - "Black Monday." That's how the trade magazine Editor & Publisher chose...
» read full story December 09th, 2008 - 13:40

Japan's Economic Stimulus May Miss Those Most In Need

Tokyo - As the Japanese government hopes to encourage consumption by cash handouts as part of its...
» read full story November 18th, 2008 - 12:58

Wine lovers defy recession to pay up to 40,000 dollars a bottle

Hong Kong - Wine lovers from across Asia showed their love for a fine vintage is recession-proof...
» read full story November 16th, 2008 - 16:26
Holiday Outlook Grim For Everyone except Apple and Dell

Holiday Outlook Grim For Everyone except Apple and Dell

The two computer retailers were the only ones that did decently in what is otherwise the weakest...
» read full story November 11th, 2008 - 17:07

German Technology Exhibition Held in Bangkok despite Global Crisis

Bangkok - The ninth triennial German Technology Symposium & Exhibition will be held in Bangkok...
» read full story November 04th, 2008 - 09:20

US voters to decide best leader in crisis: McCain or Obama

Washington (dpa) - The presidential battle between Democrat Barack Obama and Republican John McCain...
» read full story October 28th, 2008 - 07:01
Next Week Apple Puts The Spotlight On Notebooks

Next Week Apple Puts The Spotlight On Notebooks

Next week, Apple is turning its attention to their notebook line, which has been wanting for a...
» read full story October 12th, 2008 - 12:38
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Science

Recession hits dinosaurs - no buyer for ancient skeleton

New York/Los Angeles - A 150-million-year-old complete and mounted skeleton of a dinosaur failed to...
» read full story March 22nd, 2009 - 20:20
Obama Considers NASA-DoD Collaboration

Obama Considers NASA-DoD Collaboration

In a tactical move geared toward the impending space-race with China, President-elect Barack Obama...
» read full story January 05th, 2009 - 00:05
Arctic Sea Ice Level Very Low, But Doesn’t Break the Record

Arctic Sea Ice Level Very Low, But Doesn’t Break the Record

The sea ice cloaking the Arctic Ocean hasn’t retreated to the lowest level since satellite records...
» read full story September 17th, 2008 - 20:07
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Music

Report: Recession hits property-rich British pop stars

London - British pop stars and music producers are feeling the pinch - relatively speaking - from...
» read full story April 24th, 2009 - 15:11

Variable Pricing of iTunes, Amazon Benefit the Record Labels

Apple’s new pricing policy for its iTunes Music Store enabled the major record labels to...
» read full story April 09th, 2009 - 14:13

iTunes Prices Up 30%, Amazon, Wal-Mart Follow Apple

Apple on Tuesday introduced the new variable pricing for music bought through iTunes. The prices...
» read full story April 08th, 2009 - 14:02
Ticketmaster And Live Nation Become One

Ticketmaster And Live Nation Become One

Ticketmaster Entertainment Inc. and Live Nation Inc. are said to merge as soon as this week,...
» read full story February 04th, 2009 - 23:44
Metallica’s “Death Magnetic” Still Reigns Charts

Metallica’s “Death Magnetic” Still Reigns Charts

Metallica’s new album “Death Magnetic” continues to thrive. The latest release from the legendary...
» read full story October 02nd, 2008 - 13:01
Metallica Conquers Album Chart

Metallica Conquers Album Chart

Once Metallica gets to No. 1, it’s difficult to make the hard rock band slip from the top...
» read full story September 25th, 2008 - 15:05
Half a Decade Can’t Hold Metallica Down! “Death Magnetic” Is No. 1

Half a Decade Can’t Hold Metallica Down! “Death Magnetic” Is No. 1

It’s their first album in five years, but fans still love them and the fact that “Death Magnetic”...
» read full story September 18th, 2008 - 14:06
Metallica’s Death Magnetic Draws Fans Like A Magnet

Metallica’s Death Magnetic Draws Fans Like A Magnet

“Death Magnetic,” the recently launched Metallica album broke a solid record last week, when it...
» read full story September 18th, 2008 - 08:30
Jeezy’s “The Recession” is Number One on Billboard Album Chart

Jeezy’s “The Recession” is Number One on Billboard Album Chart

Young Jeezy’s album “The Recession” hit the first position on this week’s Billboard album chart,...
» read full story September 11th, 2008 - 21:14
Young Jeezy Topples New Kids Off Billboard No. 1 Spot

Young Jeezy Topples New Kids Off Billboard No. 1 Spot

Young Jeezy’s “The Recession” did anything but recede upon being released; in fact, it outsold New...
» read full story September 11th, 2008 - 17:50
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World

Mexico to inject over 2 billion dollars to combat effect of flu

Mexico City - Mexico launched Tuesday a plan to provide more than 1 billion dollars to help...
» read full story May 05th, 2009 - 23:19

Mexico eateries close as industry feels flu pinch

Mexico City - Mexico's entertainment industry, one of the few sectors that continued to defy the...
» read full story April 28th, 2009 - 19:56

Clinton seeks "meaningful" steps against climate change

   Washington - US Secretary of State Hillary Rodham Clinton called for the...
» read full story April 27th, 2009 - 22:42

New Zealand deficit spiralling out of control, minister warns

   Wellington - New Zealand's budget deficit is spiralling out of control as the...
» read full story April 22nd, 2009 - 09:26

Economic slump a real headache for migraine sufferers in Hong Kong

   Hong Kong (dpa) - The economic slowdown has brought pain to Hong Kong in more ways than one with...
» read full story April 21st, 2009 - 21:46

Japan's royal couple celebrates 50th wedding anniversary

   Tokyo - Japanese Emperor Akihito tearfully thanked his wife, Empress Michiko, for...
» read full story April 10th, 2009 - 11:33

Prince Charles and Camilla to visit Berlin on German trip

London  - Britain's Prince Charles and his wife Camilla, Duchess of Cornwall, will pay a visit...
» read full story April 06th, 2009 - 17:27

Feelgood US President steals the show

London - US President Barack Obama swept onto the world stage at this week's summit of the world's...
» read full story April 02nd, 2009 - 22:53

Brown comes out smiling from "crunch summit"

London- Under the unwritten rules of summit politics, everyone is a winner and failure is not an...
» read full story April 02nd, 2009 - 22:03

Merkel, Sarkozy throw down the gauntlet on market reform

London - German Chancellor Angela Merkel and French President Nicolas Sarkozy threw down the...
» read full story April 01st, 2009 - 21:17

Obama meets Brown amid signs of G20 tension

London - US President Barack Obama rejected Wednesday talk of deep divisions between the world's...
» read full story April 01st, 2009 - 14:22

Brown predicts "tough negotiations" at G20 summit

London  - British Prime Minister Gordon Brown urged world leaders Monday to "rise to the...
» read full story March 30th, 2009 - 20:30

EU deadlocked over 5-billion-euro stimulus plan

Brussels - The Czech presidency of the European Union on Monday urged the bloc's member states to...
» read full story March 16th, 2009 - 20:28

Presidential challenger criticizes Ahmadinejad's economic programmes

Tehran - Iranian presidential candidate and former prime minister Mir-Hossein Moussavi on Saturday...
» read full story March 15th, 2009 - 18:33

Lula and Obama to tackle finance crisis, child issue

Rio de Janeiro  - The first meeting between US President Barack Obama and Brazilian President...
» read full story March 13th, 2009 - 21:19

Hungary tells its citizens not to look for work in Britain

Budapest - The Hungarian foreign ministry issued a "Warning to those who want to work in Great...
» read full story March 12th, 2009 - 21:04

Obama: US seeks aggressive action from G20 members

Washington - The United States will push for aggressive action to halt the global economic slide at...
» read full story March 11th, 2009 - 20:10

Germany Engulfed By Gloomy Economic Winter

Berlin - Germany is caught in the midst of a gloomy economic winter with the government attempting...
» read full story January 09th, 2009 - 15:45

German Unemployment Jumps As Economic Downturn Gains Ground

Berlin - German unemployment rose for the first time in nearly three years in December, data...
» read full story January 07th, 2009 - 15:14

Car Industry Running On Empty At Detroit Auto Show

Washington - Detroit's annual auto show is usually a glitzy affair and time of celebration for the...
» read full story January 07th, 2009 - 09:25

Japan's Stock Market Ends Worst Year In Trading History

Tokyo - For Tokyo's traders, it was the worst year on record for Asia's leading stock market -...
» read full story December 30th, 2008 - 13:43

Buddenbrooks Film Touches A Nerve In Recession-hit Germany

Hamburg - Rarely has the adaptation of an historical work of fiction touched the nerve of the times...
» read full story December 22nd, 2008 - 14:36

A Busy Year For The EU's Hexagonal Meeting Room

Brussels - Asked over the summer what the European Union should do about Russia's invasion of...
» read full story December 22nd, 2008 - 13:16

Christmas Looks Grim For Jobless Migrants In Spain

Madrid - For Maria G., a 40-year-old Ecuadorian immigrant in Madrid, it is a grim Christmas ahead....
» read full story December 19th, 2008 - 16:05

Baltics Look On The Bright Side Of Life For 2009

Riga/Tallinn/Vilnius - Economists are predicting doom and gloom for the Baltic states throughout...
» read full story December 18th, 2008 - 11:52
Mexicans Celebrate Nuestra Señora de Guadalupe

Mexicans Celebrate Nuestra Señora de Guadalupe

The pilgrims’ journey took them for miles, some for days on end as they carried framed icons of...
» read full story December 14th, 2008 - 00:16

Ailing US Carmakers Issue Recovery Plans As Sales Tumble

Washington - The struggling Big Three US carmakers on Tuesday submitted the recovery plans demanded...
» read full story December 03rd, 2008 - 10:38

US In Year-Long Recession, Top Economic Arbiter Declares

Washington - The United States has been in a recession since December 2007, the country's official...
» read full story December 02nd, 2008 - 12:42

Italy's Officials Approved 2.4 Billion Euros In Tax Cuts

Rome - Italian Prime Minister Silvio Berlusconi's cabinet approved earlier today some tax cuts...
» read full story November 28th, 2008 - 16:58

Record European Inflation Fall Paves The Way For Rate Cuts

Berlin - Inflation in the 15-member eurozone fell sharply in November and unemployment edged...
» read full story November 28th, 2008 - 15:38
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Technology

Sun posts 201-million-dollar loss

San Francisco  - Sun Microsystems posted a sharp drop in revenue alongside widening losses...
» read full story April 29th, 2009 - 11:19
Did Apple Just Lay Off 1,600 Retail Employees?

Did Apple Just Lay Off 1,600 Retail Employees?

The tough economic times are felt everywhere and Apple Inc makes no exception, despite the fact...
» read full story April 25th, 2009 - 17:41
HP Dethrones Dell in U.S. PC Market

HP Dethrones Dell in U.S. PC Market

Hewllet-Packard became the top PC seller in the United States in the first quarter of this fiscal...
» read full story April 16th, 2009 - 14:01

IBM lowers Sun bid

San Francisco - Business technology giant IBM has lowered its bid for server and software company...
» read full story April 03rd, 2009 - 09:14
Google announces 200 layoffs

Google announces 200 layoffs

San Francisco - Internet giant Google said Thursday that it planned to cut 200 jobs in sales and...
» read full story March 27th, 2009 - 10:55
Cisco to Acquire Flip Video for $590 Million

Cisco to Acquire Flip Video for $590 Million

Just a day after IBM started negotiation the acquisition of Sun Microsystems, another big player in...
» read full story March 19th, 2009 - 20:09
New iPhone Features Keep Apple on Top of Things

New iPhone Features Keep Apple on Top of Things

As rumored and confirmed a few days ago, the new software unveiled by Apple on March 17 included...
» read full story March 18th, 2009 - 14:03

National Semiconductor to sack quarter of workforce

San Francisco  - National Semiconductor Corp, one of the world's largest manufacturers of...
» read full story March 11th, 2009 - 21:50
RIM to Launch App World for BlackBerry

RIM to Launch App World for BlackBerry

Reasearch In Motion, the producer of the BlackBerry samrtphone line, announced its will soon open...
» read full story March 06th, 2009 - 14:02
Apple’s New Line of Computers Not Earth-Shaking

Apple’s New Line of Computers Not Earth-Shaking

Yesterday Apple updated its entire fleet of desktop computers: new iMacs, new Mac Pros and new Mac...
» read full story March 04th, 2009 - 19:42

Merkel and Schwarzenegger open CeBIT trade fair

Hanover, Germany  - Chancellor Angela Merkel of Germany and California Governor Arnold...
» read full story March 02nd, 2009 - 21:13
Microsoft’s W7 and WM7 Release Dates Narrowing Down

Microsoft’s W7 and WM7 Release Dates Narrowing Down

The precise date when Windows 7 and Windows Mobile 7 will be launched is unknown yet, but the...
» read full story February 26th, 2009 - 14:02

CeBIT, Expo of cutting-edge computers and software

Hanover, Germany  - The annual CeBIT expo in Hanover, Germany, showing off the newest...
» read full story February 26th, 2009 - 12:15
Are Apple's Sales Going Down For Good?

Are Apple's Sales Going Down For Good?

According to a Tuesday announcement made by analyst firm NPD Group, Apple computer sales in US...
» read full story February 20th, 2009 - 22:30
US E-Commerce Likely To Grow Again In 2010

US E-Commerce Likely To Grow Again In 2010

A research group has just concluded that e-commerce in the US will most likely climb back to last...
» read full story February 03rd, 2009 - 15:42
The Notebook, As the Trend in the Economic Depression Computing Era

The Notebook, As the Trend in the Economic Depression Computing Era

Several years ago, the computer industry was expanding at such an impressive rate, as the PC you...
» read full story January 28th, 2009 - 12:57
25 Years Of Apple - Who Would Have Thought?

25 Years Of Apple - Who Would Have Thought?

Apple is an American multinational corporation which designs and manufactures consumer electronics...
» read full story January 25th, 2009 - 11:33
Microsoft Shuts Down Flight Simulator Studios

Microsoft Shuts Down Flight Simulator Studios

Microsoft has recently announced 5,000 layoffs, but some reports indicate that the giant software...
» read full story January 25th, 2009 - 10:55
Apple Macintosh Turns 25

Apple Macintosh Turns 25

The Apple Macintosh has turned 25 Saturday, on January the 24th. The company started in a Northern...
» read full story January 24th, 2009 - 21:09
Microsoft Confirms The End of Flight Simulator

Microsoft Confirms The End of Flight Simulator

Amid the economic recession concerns and serious job cuts, Microsoft is also planning on shutting...
» read full story January 24th, 2009 - 13:22
Apple Announces Excellent Sales For The First Quarter

Apple Announces Excellent Sales For The First Quarter

Apple has just released a report that shows a better-than-expected profit and record revenue and...
» read full story January 22nd, 2009 - 11:31
Gaming Industry Sales Hit Record High At The End of ‘08

Gaming Industry Sales Hit Record High At The End of ‘08

  In times of recession, we hardly ever think we could hear the word ‘record’ and...
» read full story January 16th, 2009 - 13:51
Tech Shows Cut Back On The Glamour This Year

Tech Shows Cut Back On The Glamour This Year

  The recession has left its mark on the electronics shows at the beginning of this year, as...
» read full story January 12th, 2009 - 16:22
Confusion Over Obama’s Request To Delay Digital TV Transition

Confusion Over Obama’s Request To Delay Digital TV Transition

  President-elect Barack Obama’s transition team has asked for a delay regarding the...
» read full story January 09th, 2009 - 15:54
Ford Introduces Enhanced SYNC 3.0 Car System

Ford Introduces Enhanced SYNC 3.0 Car System

 Automakers may not have the best perspectives at the moment, considering the economic...
» read full story January 09th, 2009 - 12:57
CES 2009 High Tech Starts

CES 2009 High Tech Starts

Consumer Electronics Show, the most important event of the year in the technology industry, will...
» read full story January 08th, 2009 - 16:58
CES To Open, But Nothing Spectacular Announced

CES To Open, But Nothing Spectacular Announced

This year's Consumer Electronics Show (CES), the biggest tech industry event of 2009, will...
» read full story January 07th, 2009 - 18:03
Sony Close to Breaking Even on its PlayStation 3

Sony Close to Breaking Even on its PlayStation 3

 As with Sony’s recent hardware revision of the PlayStation 3, manufacturing costs were...
» read full story December 30th, 2008 - 19:07
More States Cut to Low-Income Health Care Programs

More States Cut to Low-Income Health Care Programs

More and more states are making hopeful attempts to salvage their budgets. The latest news...
» read full story December 27th, 2008 - 20:51
Video Service Available for Wii

Video Service Available for Wii

Nintendo plans to offer a video service for its gaming console after teaming up with Dentsu, the...
» read full story December 27th, 2008 - 08:04
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Business

Federal Reserve chief Bernanke to testify as stress tests near

Washington - With the US central bank expected to release the results of long-awaited bank stress...
» read full story May 04th, 2009 - 21:47

Boston Globe closure on hold as unions give way

San Francisco - The Boston Globe pulled back from the brink of closure Monday as its owner The New...
» read full story May 04th, 2009 - 20:52

US stocks mixed after Chrysler bankruptcy

New York  - Two US stock indices retreated but a third was up after the White House announced...
» read full story May 01st, 2009 - 11:15

Chrysler to declare bankruptcy as last-minute talks fail

Washington - The long ailing US carmaker Chrysler LLC was to enter bankruptcy protection Thursday...
» read full story April 30th, 2009 - 18:46

US consumer confidence jumps in April

Washington - Consumer confidence in the United States surged in April as governments have begun...
» read full story April 28th, 2009 - 20:05
Nokia to Cut 450 Jobs, Develop New Services

Nokia to Cut 450 Jobs, Develop New Services

Nokia, the world's largest mobile phone maker, said it plans to cut 450 jobs in an attempt to cut...
» read full story April 28th, 2009 - 15:29

Bauknecht's Whirlpool barely spins past red zone

New York - Whirlpool, the world's largest maker of household appliances, barely stayed in the black...
» read full story April 27th, 2009 - 22:37
Microsoft’s Quarterly Financial Report Not Good

Microsoft’s Quarterly Financial Report Not Good

Microsoft’s quarterly financial report doesn’t look that good. Actually, the software...
» read full story April 24th, 2009 - 13:31
Amazon.com shrugs off recession, boosts earnings, sales

Amazon.com shrugs off recession, boosts earnings, sales

San Francisco  - Amazon.com posted an 18-per-cent boost in sales and a 24 per cent rise in...
» read full story April 24th, 2009 - 09:07

GM closing plants for summer; Chrysler bankruptcy nears

Washington  - Under government pressure to prove its viability by June 1 and bracing for a...
» read full story April 24th, 2009 - 09:05

Wall Street gains on company results that beat estimates

Washington - US stocks gained Thursday after energy, technology and tourism firms posted...
» read full story April 24th, 2009 - 08:52
Apple Posts Strong Financial Results, Beats Expectations

Apple Posts Strong Financial Results, Beats Expectations

Apple Inc.’s financial report for the first quarter of the current fiscal year easily topped...
» read full story April 23rd, 2009 - 13:57
AT&T’s Net Profit Down 9.7%, Far Higher than Wall Street Forecasts

AT&T’s Net Profit Down 9.7%, Far Higher than Wall Street Forecasts

Ever since the economic recession started to really hit the market the vast majority of companies...
» read full story April 22nd, 2009 - 16:37
Yahoo to Cut 675 Jobs after 1Q Profit Drops 78%

Yahoo to Cut 675 Jobs after 1Q Profit Drops 78%

Yahoo Inc announced that it would cut 675 jobs, which equals to 5 percent of its workforce, in...
» read full story April 22nd, 2009 - 14:01

Delta, United post hefty first-quarter losses

New York - Delta Air Lines Inc, the world's largest carrier, and United Airlines parent UAL Corp on...
» read full story April 22nd, 2009 - 09:39
Google Feels the Recession, but Still Doing Pretty Well

Google Feels the Recession, but Still Doing Pretty Well

Even the mighty Google can’t get away from the economic recession that basically hit the...
» read full story April 17th, 2009 - 14:01
Google first-quarter profits up 8.9 per cent

Google first-quarter profits up 8.9 per cent

San Francisco - Internet search powerhouse Google bucked the economic downturn in the first...
» read full story April 17th, 2009 - 07:59

European car sales slump again as auto crisis deepens

Berlin - European car sales fell by 17.9 per cent in the first quarter of 2009, data released...
» read full story April 16th, 2009 - 16:05

American Airlines flying in the red

New York - American Airlines parent AMR flew back into losses in the first quarter as the recession...
» read full story April 15th, 2009 - 21:49

Car makers plan smaller, leaner sports cars

Big, high-powered sports cars have an image problem as the debate on climate change heats up and...
» read full story April 15th, 2009 - 11:08

Signs that US may be headed slowly toward recovery

Washington - More than a year into one of the longest and deepest US recessions in living memory,...
» read full story April 15th, 2009 - 10:49

Report: US considers taking equity stake in GM

Washington - The US government is weighing taking an equity stake in General Motors Corp, Bloomberg...
» read full story April 14th, 2009 - 20:49

Japan launches 154-billion-dollar stimulus plan

   Tokyo - The Japanese government and the ruling coalition parties finalized an...
» read full story April 10th, 2009 - 17:28

Energy agency again downgrades 2009 global oil demand due to slump

Paris - Worse-than-expected prospects for the world economy has prompted the International Energy...
» read full story April 10th, 2009 - 11:50

Daimler warns of exposure to Chrysler collapse

Berlin - German automotive group Daimler, which is struggling with a slump in sales of its...
» read full story April 08th, 2009 - 19:38

US Treasury agrees on fresh support for auto suppliers

Washington  - The US Treasury Department on Wednesday launched a new programme to aid US car...
» read full story April 08th, 2009 - 18:32

Uncertain future for super cars as financial crisis bites

Maranello, Italy  - Manufacturers of super sports cars have just announced a host of new...
» read full story April 08th, 2009 - 12:17

Slump has worsened, say three European nations' economists

Munich  - The economic slump in the euro zone has worsened, economists from three nations said...
» read full story April 07th, 2009 - 20:54

Sun balks at IBM takeover price, conditions; IBM retracts offer

New York  - IBM's takeover bid for Sun Microsystems collapsed over the weekend on...
» read full story April 06th, 2009 - 23:10
Ford cuts debt 38 per cent

Ford cuts debt 38 per cent

New York - Ford Motor Company said Monday it had trimmed its debts by 38 per cent in a massive...
» read full story April 06th, 2009 - 20:55
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