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Economists expect an already deep recession to get even worse in 2009, according to a survey released Monday.
Companies will lay off more workers and […]
Filed under: business by Specialist
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SEATTLE — Microsoft Corp. will make the first mass layoffs in its 34-year history, cutting 5,000 jobs as demand for personal computers falls and […]
Filed under: news by Specialist
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Italy’s Fiat took an initial 35 percent stake in Chrysler, launching a venture designed to secure both carmakers’ futures, as France asked its auto […]
Filed under: online by Specialist
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A Chinese central bank official attacked reported comments by U.S. Treasury Secretary Henry Paulson that China’s high savings rate helped trigger the global credit […]
Filed under: online by Specialist
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President-elect Barack Obama made his case Monday to Congress for the release of $350 billion in remaining federal bailout funds.
A top Obama economic aide […]
Filed under: technology by Specialist
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It just got more expensive to be a doctor. Now they have to buy their own pens.
For years, drug companies plastered their products’ […]
Filed under: management by Specialist
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Chrysler LLC said Friday it has received an initial $4 billion emergency loan from the U.S. government.
"This initial loan will allow the company to […]
Filed under: technology by Specialist
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