Archive for March, 2009
Keeping snafus from blooming into crises
If you thought times were tough for big corporations these days, spare a thought for the small fry. Economists like to say that small and medium businesses are the backbone of national economies. In Canada, they’re responsible for about 65 per cent …
Read More..>>Cayman hedge fund may be put under liquidator’s protection
NEW YORK, USA (Bloomberg): A Cayman Islands court may decide this week to put Dynamic Decisions Capital Management Ltd.’s main hedge fund under the protection of an outside firm after investors accused the manager of ‘gross mismanagement and …
Read More..>>Falk Corp. cuts 64 jobs after orders tumble
Mar. 31, 2009 4:36 p.m. | Falk Corp., a unit of Rexnord LLC, eliminated 64 jobs, or about 10% of its work force, on Monday and Tuesday. The company, which makes gears and other industrial products, employed 598 people. The job cuts stemmed from …
Read More..>>No job, no problem ‘” they have you covered
It’s not unusual for shoppers to get their money back when something doesn’t work or fit. But now companies are throwing refunds at customers for a new reason: They’ve lost their jobs. Relaxed mortgage or car payments and even a new suit are among …
Read More..>>Il Posto chef leaves; restaurant still closed
Il Posto Ristorante’s celebrated longtime chef, Matteo Giuffrida, has become the new executive chef at La Dolce Vita restaurant in Detroit, adding to questions about whether Il Posto has closed permanently. The high-end Italian restaurant in …
Read More..>>Male nurse defies stereotypes
As a male nurse , Robert Connelly admits he’s had his share of embarrassing situations, like the occasional female patient who doesn’t know how to put a hospital johnnie on correctly (the opening is in the back, he adds.) And as a big, strapping …
Read More..>>Technology, financial sectors lead rebound on Wall Street on last day …
NEW YORK (AP) ‘” Wall Street ended a tumultuous March on a high note, managing its first winning month this year and its best monthly performance in nearly seven years. Stocks finished off their earlier highs on Tuesday but resumed a three-week …
Read More..>>eMoney Advisor Launches Version 6.0
CONSHOHOCKEN, Pa., March 31 /PRNewswire/ — eMoney Advisor, ( www.emoneyadvisor.com ), a leading provider of comprehensive wealth and goal planning solutions for financial companies and independent advisors, today announced the introduction of …
Read More..>>Area stocks outperform market indexes
The stocks of Bay Area and East Bay public companies out-performed their counterparts on the national stock markets during the first quarter ‘” but only by falling less than the Dow Jones 30, S&P 500, and Nasdaq Composite. By the time the January …
Read More..>>Taxpayer to stump up an extra £800,000 every YEAR to bail out MPs …
Taxpayers will be forced to pay millions to bail out the gold-plated pension scheme for MPs. The announcement by Commons Leader Harriet Harman yesterday prompted fresh outrage over pay and perks at Westminster. While taxpayers will put in an extra …
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