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29 Oct 2009 10:25

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Biz: Exxon Mobil’s unbelievable record profits couldn’t last forever

  • $45.2 billion the size of Exxon Mobil’s profits in 2008, helped by super-high oil prices; in other words, they didn’t need a bailout source
Posted by Ernie Smith • 0 Comments • Permalink

28 Oct 2009 10:23

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Biz: Everyone sucks in newspapers except the Wall Street Journal

The Awl recently put together a graph showing how crappy the newspaper industry was doing. It wasn’t pretty. Not at all. source
Posted by Ernie Smith • 0 Comments • Permalink

26 Oct 2009 13:29

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Biz: Verizon gets hit – hard – by lowered corporate spending

  • 30% decline in The Network’s 3Q profits; ouch source
Posted by Ernie Smith • 0 Comments • Permalink

25 Oct 2009 14:03

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U.S.: Nobody wants to move to Detroit. An auction won’t change that.

9,000 properties in the Detroit area were auctioned off recently. The starting bid was $500. Less than a fifth of them sold. Wow. source
Posted by Ernie Smith • 0 Comments • Permalink

23 Oct 2009 18:17

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Biz, U.S.: Bank Failure Friday takes victim number 101

  • 1992 the last year with so much bank fail source
Posted by Ernie Smith • 0 Comments • Permalink

23 Oct 2009 11:11

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Biz, Tech: Microsoft’s earnings numbers: FAIL, but not MASSIVE FAIL

  • -14% decline in Microsoft’s year-on-year profits this quarter source
Posted by Ernie Smith • 0 Comments • Permalink

22 Oct 2009 10:36

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U.S.: Unemployment benefits aren’t lasting as long as unemployment

  • 7,000 people lose jobless benefits each day; that’s bad source
Posted by Ernie Smith • 0 Comments • Permalink
 

11 Oct 2009 10:46

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World: Russia: Experiencing big-time economic shrinkage

  • 7.5% economic contraction this year; blame big oil source
Posted by Ernie Smith • 0 Comments • Permalink

06 Oct 2009 09:40

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World: Conservatives in the U.K. want everyone to “feel the pain”

  • £7 billion in budget cuts by cutting from just about everyone big time source
Posted by Ernie Smith • 0 Comments • Permalink

29 Sep 2009 10:20

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Biz: Consumers lose a bunch of confidence in September

  • 53.1 consumer confidence this month; that’s way down source
Posted by Ernie Smith • 0 Comments • Permalink
 
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