Archive for December, 2009
Sunday, December 27th, 2009
A look at the decade that was and the decade to come, by industry:BANKINGTHE PAST DECADE: The nation's big banks swaggered into the decade as owners of the world. They leave it humbled and, in some cases, wards of the state.After receiving billions in federal bailout money last year, the ...
Posted in Business | 25 Comments »
Sunday, December 27th, 2009
WASHINGTON— Call it the Terrible Teens.The decade ahead could be a brutal one for America's unemployed -- and for people with jobs hoping for pay raises.At best, it could take until the middle of the decade for the nation to generate enough jobs to drive down the unemployment rate to ...
Posted in Business | 3 Comments »
Sunday, December 27th, 2009
KINGSTON, Jamaica— Authorities investigating why an American Airlines jetliner overshot a runway in Jamaica will receive flight data next week that will help establish a cause for the accident that sent dozens to the hospital, an official said Saturday.The study of the plane's wreckage will end Sunday, and officials will ...
Posted in Business | 4 Comments »
Sunday, December 27th, 2009
WASHINGTON— Some airlines were telling passengers on Saturday that new government security regulations prohibit them from leaving their seats beginning an hour before landingThe regulations are a response to a suspected terrorism incident on Christmas Day.Air Canada said in a statement that new rules imposed by the Transportation Security Administration ...
Posted in Business | 649 Comments »
Sunday, December 27th, 2009
LOS ANGELES— A sign inside the Humming Motors auto repair shop says, "We do the worrying so you don't have to."These days, owner David Baur spends a lot of time worrying in his full-service garage near downtown Los Angeles.As cars become vastly more complicated than models made just a few ...
Posted in Business | 3 Comments »
Sunday, December 27th, 2009
AMSTERDAM— Airline passengers across Europe faced body searches and new limits on hand luggage Saturday after U.S. authorities requested tighter security in response to an attempt to bomb an airliner in Detroit.U.S.-bound travelers were undergoing body searches at Amsterdam's airport, where authorities say Umar Farouk Abdul Mutallab of Nigeria boarded ...
Posted in Business | 194 Comments »
Sunday, December 27th, 2009
AMARA, Iraq (Reuters) -- Iraqi and Iranian forces are dug in on either side of a disputed inactive oil well in the sensitive border area, with Iraqis vowing to fight if necessary to fend off another occupation of the well by Iranian soldiers.Iraqi troops say they will defend the well, ...
Posted in Mutual Funds | 2 Comments »
Saturday, December 26th, 2009
NEW YORK (CNNMoney.com) -- America could be facing a nursing shortage that will worsen exponentially as the population grows older.The problem: Baby boomers are getting older and will require more care than ever, taxing an already strained nursing system.FacebookDiggTwitterBuzz Up!EmailPrintComment on this story Lab instructor Lisa Rubin ...
Posted in Personal Finance | 8 Comments »
Saturday, December 26th, 2009
Shoppers returned to malls Saturday, rummaging through thinly stocked shelves hunting for deals, next year's Christmas gifts and, for most, gifts for themselves.Retailers made a push to woo gift-card-toting shoppers by slashing prices and offering doorbuster deals often reserved for the day after Thanksgiving.Diana Mayfield, a 56-year-old business trainer from ...
Posted in Business | 1 Comment »
Saturday, December 26th, 2009
FLINT, Mich.— As Flint tries to survive and thrive as a smaller city, the thousands of abandoned homes and vacant lots scattered throughout its neighborhoods are more than a reminder of its past as a manufacturing boomtown.They're a costly headache to keep from getting wildly overgrown, with grass that can ...
Posted in Business | 6 Comments »