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Monthly Archive October, 2008

Fed begins business lending program

October 29, 2008

The Federal Reserve started buying so-called commercial paper on Monday to jumpstart a critical but faltering lending market used by banks and big businesses.
To […]

technology - Comments closed

AECL touts its China reactors

October 27, 2008

Nuclear reactor designer Atomic Energy of Canada Ltd. is hoping that high praise from China can improve its fortunes in the West.
Top AECL officials […]

management - Comments closed

Northrop, Areva to build plant for parts

October 25, 2008

WASHINGTON — Areva SA, the French nuclear engineering firm, and Northrop Grumman Corp. will build a $360 million plant in Virginia to make large […]

business - Comments closed

Goldman Sachs to cut staff by 10 percent: source

October 24, 2008

Goldman Sachs Group Inc plans to cut 10 percent of its total staff, or almost 3,300 jobs, a source familiar with the matter said […]

marketing - Comments closed

Yahoo said to mull layoffs

October 22, 2008

The Internet portal Yahoo Inc. is weighing additional layoffs as it mulls cost-cutting measures, according to a published report Monday.
Yahoo (YHOO, Fortune 500) was […]

term - Comments closed

Credit card firms cash in on fees

October 20, 2008

Many Canadians received upgraded credit cards earlier this year.
The new Visa Infinite cards caused an uproar. People said they didn’t ask for them […]

economics - Comments closed

GM needs cash before Chrysler

October 14, 2008

For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash. Lots of it, […]

marketing - Comments closed

Our faith in ingenuity in short supply

October 12, 2008

Remember when Nortel Networks Corp. was worth many times General Motors Corp.’s worth? It was a passing fad that came to be known as the […]

money - Comments closed

Credit crunch weakens auto sales

October 11, 2008

Hurt by high gasoline prices and further shredded by faltering credit markets, U.S. auto sales are going to get worse before they improve, an […]

online - Comments closed

Top hedge funds reopen to new investors: Partners

October 9, 2008

The credit crisis is providing a rare chance for investors with sufficient cash to get into previously inaccessible hedge funds, according to Swiss-based Partners […]

technology - Comments closed