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17 Feb 2009 10:01

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Biz: Profits fall at Wal-Mart … well, at least they still have some.

  • -7.4% their decline in profits in the 4th quarter source
Posted by Ernie Smith • 0 Comments • Permalink

15 Feb 2009 23:12

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Biz, World: Japan’s economy goes down the toilet :(

  • -12.7% decline in gross domestic product in the 4th quarter of 2008 source
Posted by Ernie Smith • 0 Comments • Permalink

15 Feb 2009 20:01

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Biz, U.S.: How nuts has the peanut salmonella crisis been?

Posted by Ernie Smith • 2 Comments • Permalink

15 Feb 2009 13:01

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Biz, U.S.: Automaker GM considers the nuclear option

  • General Motors could fold into a new company. The plan, which the Wall Street Journal reported about yesterday, would have the automaker file for Chapter 11 bankruptcy and reform as a new company. They’re under a lot of pressure to act right now – they got a massive bailout from the government and, along with Chrysler, have until Tuesday to show the government how they plan to restructure. source
Posted by Ernie Smith • 0 Comments • Permalink

15 Feb 2009 12:55

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Biz, U.S.: My, isn’t this auto industry quote dramatic

  • If we don’t beat the second half of 2008 this year, then it could be all over. We’re all going to be peeling bark off trees and go back to being an agrarian society.
  • Erich Merkle • An independent auto analyst, on the auto industry’s need to beat its dismal 2008 in 2009. Personally, we like farming. Give us a good mule and a way to cut through the soil, and we’re set for life! • source
Posted by Ernie Smith • 0 Comments • Permalink

14 Feb 2009 09:31

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Biz, U.S.: Obama has his stimulus package – he just needs to sign it

  • I will sign this legislation into law shortly, and we’ll begin making the immediate investments necessary to put people back to work doing the work America needs done.
  • President Barack Obama • During his weekly radio address, on the passage of the $787 billion stimulus package he pushed through Congress. He hoped to get bipartisan support but it didn’t happen, with the bill passing along party lines. • source
Posted by Ernie Smith • 0 Comments • Permalink

13 Feb 2009 15:57

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Biz, U.S.: How it all fell apart for Peanut Corp. of America

How did this happen? The company seems to have put profits before public safety. source
Posted by Ernie Smith • 0 Comments • Permalink
 

13 Feb 2009 15:46

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Biz, U.S.: Bankruptcy? That’s nuts.

Posted by Ernie Smith • 0 Comments • Permalink

13 Feb 2009 15:31

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Biz, U.S., World: How do you fix a war-tarnished brand name? Two letters.

  • Xe security firm Blackwater’s new (dumb) name for itself source
Posted by Ernie Smith • 0 Comments • Permalink

12 Feb 2009 10:42

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Biz, U.S.: Today’s scary number: Homes hit a 30-year low in value

  • -12.4% fall in home prices during 2008 source
Posted by Ernie Smith • 0 Comments • Permalink
 
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