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Monthly Archive May, 2009

Banks’ payback of TARP funds could cut taxpayer gains

May 21, 2009

The race to repay federal bailout money could end up reducing the amount taxpayers eventually get back.
Some banks that want out of […]

business - Comments closed

Chrysler widens buyout offer

May 20, 2009

Chrysler LLC has expanded its buyout and retirement programs for hourly workers at eight facilities it plans to permanently close, including two plants in […]

legal - Comments closed

UAW says GM talks to intensify as jobs issue looms

May 19, 2009

The United Auto Workers union expects a crucial round of restructuring talks with General Motors Corp “to intensify this coming week” ahead of an […]

management - Comments closed

Fund sales fall in April amid shift to long term

May 17, 2009

Canadian investors made a major reversal of direction last month, buying into long-term mutual funds as financial markets rallied, although cash-outs from money market funds […]

news - Comments closed

Panasonic posts record loss, sees tough year

May 15, 2009

Japanese electronics maker Panasonic Corp forecast a bigger-than-expected annual loss after booking a record quarter of red ink battered by weak demand, price falls […]

finance - Comments closed

Most U.S. homeowners think a bottom has been reached: Zillow

May 14, 2009

Most American homeowners believe their home’s value has declined over the past year, but a majority also think a bottom has been reached, real […]

news - Comments closed

Axing dealerships on Fiat’s to-do list

May 13, 2009

Fiat SpA will decide which Chrysler LLC dealers will be brought along to the new company to be formed under the U.S. automaker’s bankruptcy […]

online - Comments closed

Self-employment: The ‘do-it-yourself recovery’

May 11, 2009

Michael Schiel knows first-hand the risks and rewards of self-employment.
After a decade working as a senior manager at KPMG LLP, the 38-year-old voluntarily left the […]

technology - Comments closed

Electric prices to drop for Ameren Illinois customers

May 9, 2009

Ameren Corp. electric customers in Illinois will get a break starting June 1 with the phase-in of lower electricity prices.
The price of […]

economics - Comments closed

BoE increases QE program, leaves rates on hold

May 8, 2009

The Bank of England said on Thursday it would increase the size of its asset purchase program by 50 billion pounds to 125 billion […]

technology - Comments closed