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OPEC Agrees to Cut Production Quotas as Price Slumps (Update2)

The Organization of Petroleum Exporting Countries cut oil production targets for the first time in almost two years as the group battles to slow a co[...] read more »
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Stock markets fall across the globe

U.S. stocks plunged after the opening bell on yet another frantic Friday that saw another bloodletting on stock exchanges across the planet, turmoil [...] read more »
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Chrysler to Cut 25% of Salaried and Contract Jobs

Chrysler, which is in merger talks with its crosstown rival, General Motors, told its employees Friday that it would cut about 25 percent of its sala[...] read more »
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PNC Financial to Buy National City for $5.2 Billion (Update3)

PNC Financial Services Group Inc., Pennsylvania's biggest bank, plans to buy National City Corp. for about $5.2 billion in stock with funds from th[...] read more »
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U.S. Home Resales Rose in September to One-Year High (Update2)

Home resales in the U.S. rose more than forecast in September, aided by foreclosure-driven declines in prices that made properties more affordable. read more »
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Business.gov: Your Tax Dollars at Work

It isn't often that this page has something good to say about the Federal Government, but the Small Business Administration (SBA) has always held a [...] read more »
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Strong Communication Skills and Some Wise Words

When you have a whole division to eliminate from your company payroll, do you:
A) Have the HR people descend upon the target and deliver the bad[...] read more »
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Public Officials and Corruption—The Chinese Way

The Associated Press this morning has reported that:
A court clerk says a former Beijing vice mayor in charge of overseeing Olympic construction[...] read more »
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Who Really Pays When You Soak the Rich?

Yes, I believe later on there should be tax increases. Speaking personally, I think there are a lot of very rich people out there whom we can tax at[...] read more »
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SBA Asks Lenders to Offer Loan Deferment Relief

Monday, October 20th, saw the US Small Business Administration (SBA) make the following statement regarding its efforts to help small businesses thro[...] read more »
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This is What We Have Come to: Parsing the Word “Socialist.”

You know the political season is is in its home stretch when folks are either this desperate to tar their enemies with anything they think might stic[...] read more »
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Wall Street’s double calamity

Not many are paying attention, but the risk of a pandemic remains. Are businesses preparing?[...] read more »
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Investment Strategy

Earnings will still come down going forward as bear markets and bear economies have to finish the cycle and the slowdown is still here. We will also [...] read more »
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Steve Jobs not dead; blogger's rep. mortally wounded

A special IT Blogwatch EXTRA: Richi Jennings watches bloggers watch the SEC watch out for bogus "news" about Steve Jobs' health. read more »
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Hate Junkmail? Learn 4 ways to opt out of credit card affiliate marketing

Credit card issuers and other financial companies bombard you with offers for credit cards, mortgages and other financial products you don't want. T[...] read more »
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