From ClusterStock.com, Dec. 31, 2008:Until the housing market is “fixed,” most experts agree, the economy is screwed. So for the past year, the best and the brightest have brainstormed dozens of plans to fix the market. None that we have s
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Remember that Bill O’Reilly video that was making the rounds earlier this year? The one where he loses it at his producer over a teleprompter problem? I didn’t laugh at it quite as hard as everyone else, because I know just how difficult reading one of th
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From Silicon Alley Insider, Dec. 31, 2008: After Dell founder Michael Dell came back as CEO in 2007, he hired former Solectron chief Michael Cannon as president of global operations and former Oracle exec Mark Jarvis as chief marketing officer.Some $22.8
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It doesn’t look like 2009 is going to be a happy new year for the chemicals sector.
LyondellBasell Industries, the world’s third-largest independent chemicals company, has told lenders it is considering filing for bankruptcy protection amid plunging sales and a cash crunch, the Wall Street Journal said, citing people familiar with the matter.
The company is one […]
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American Greetings evidently found the perfect way to smoothe over a tiff.
Recycled Paper Greetings agreed to be bought by the second-largest U.S. greeting card maker, which was attracted to the smaller rival’s “witty, funny and fresh content.”
The agreement comes after a spat in September, when American Greetings said on an earnings conference call that it […]
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A company in the U.S. auto industry fails — and the government steps in as savior. Yet again. That’s right. Santa visits the automakers this year while the Grinch steals taxpayers’ Christmas.
The Bush administration is buying $5 billion in equity in GMAC – the finance arm owned by GM and Cerberus Capital Management. The Treasury has also […]
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From ClusterStock.com, Dec. 30, 2008:House prices plunged again in October, with the rate of year-over-year decline accelerating to a new record high of 19%. The peak-to-trough decline in the Case Shiller 10-city index is now 25%; the 20-city index is dow
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It was the best of times, it was the worst of times… Well, mostly the worst of times, as this collection of Tech Ticker highlights from the past year reveals. From Nouriel “Dr. Doom” Roubini’s grim views on a potential housi
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