| American Express earnings plunge 79%
January 26, 2009 at 7:26 pm
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|  American Express reported a steep decline in earnings in the latest quarter, the company said Monday, citing slower consumer spending and rising delinquencies. |
| Texas Instruments to cut 12% of workforce
January 26, 2009 at 5:57 pm
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|  Read full story for latest details. |
| Your economy: From bad to worse
January 26, 2009 at 5:30 pm
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|  Read full story for latest details. |
| Stimulus 101: What's in the bills
January 26, 2009 at 5:08 pm
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|  You've probably noticed: The Obama administration and Congress are talking about spending an unprecedented sum of money to try to revive the economy. |
| Citigroup to buy $50M private jet: report
January 26, 2009 at 3:28 pm
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|  Read full story for latest details. |
| Lean times: What Caterpillar can learn
January 26, 2009 at 3:13 pm
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| During the great global boom in the early years of the 21st century, few companies benefited more than Caterpillar. |
| Thain claims transparency in merger
January 26, 2009 at 2:55 pm
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|  Read full story for latest details. |
| Starbucks pulls peanut butter products
January 26, 2009 at 2:19 pm
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|  Read full story for latest details. |
| Bloody Monday: More than 50,000 jobs lost
January 26, 2009 at 2:12 pm
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| The final week of January began with a bloodbath for the job market, as more than 50,000 more cuts were announced on Monday alone. |
| The market's illogical rally
January 26, 2009 at 2:11 pm
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| It should have been an ugly morning for the markets. |
| Supreme Court finds for workplace whistle-blower
January 26, 2009 at 2:01 pm
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|  In an important victory for workplace whistle-blowers, the Supreme Court sided on Monday with a government employee who says she was fired after cooperating with a sexual harassment investigation. |
| Tyson's loss exceeds expectations
January 26, 2009 at 1:56 pm
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|  Read full story for latest details. |
| Oil caught between economy and supply
January 26, 2009 at 1:56 pm
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|  Oil seesawed Monday as investors tried to determine whether the battered economy was showing enough strength to overcome the large buildup in supplies that has accumulated over the past several weeks. |
| Under Armour reboots
January 26, 2009 at 1:52 pm
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|  The Baltimore headquarters of sports apparel maker Under Armour don't look much like the offices of a technology company. The walls are covered with posters of professional athletes such as the New York Giants' Brandon Jacobs and the Baltimore Ravens' Ray Lewis, wearing tough, menacing expressions. There's a treadmill in the hallway. In one workspace, in front of the cubicles, a football-throwing machine spits out short passes on a ribbon of AstroTurf. |
| Obama acts on fuel efficiency, global warming
January 26, 2009 at 1:47 pm
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|  President Obama set his green plan into action Monday, potentially reversing several Bush-era decisions on global warming and fuel efficiency. |
| Geithner vote looms on Capitol Hill
January 26, 2009 at 1:44 pm
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|  The Senate is set to meet Monday evening to vote on Tim Geithner's nomination as the next Treasury Secretary. Senate Majority Leader Harry Reid of Nevada has said he expects to hold a vote at 6 p.m. ET. |
| When pensions hit earnings
January 26, 2009 at 1:37 pm
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|  Middle-class Americans aren't the only ones worried about how the market has drop-kicked their retirement funds. U.S. companies are also looking at big losses in their pension funds - losses that could force them to dip into earnings to cover their employee obligations. |
| Dollar tumbles against euro, pound
January 26, 2009 at 1:30 pm
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|  The U.S. dollar fell against the euro and the pound Monday after Barclays, one of the UK's biggest banks, issued an upbeat forecast that encouraged investors to seek out higher returns in more risky markets. |
| Stocks bounce back
January 26, 2009 at 12:56 pm
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|  Stocks jumped Monday afternoon, as investors piled back in after last week's selloff, thanks to Pfizer's $68 billion purchase of Wyeth and a surge in technology and commodity shares. |
| Existing home sales in surprise jump
January 26, 2009 at 12:30 pm
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|  The number of existing homes sold in December rose 6.5% from the previous month, according to a report released Monday, as bargain hunters took advantage of plummeting prices. |
| Obama and emissions: Right vs. smart
January 26, 2009 at 11:28 am
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|  Government-guaranteed loans for General Motors and Chrysler are getting most of the attention in Washington right now, but President Obama has an opportunity to do something far more important for the future of the auto industry on Monday. |
| How to lose customers
January 26, 2009 at 11:23 am
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|  Your Call Is (Not That) Important To Us: Why Customer Service Is Broken By Emily Yellin Free Press, $26 |
| One potential winner from stimulus bucks
January 26, 2009 at 11:20 am
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| When Glen Tullman, the CEO of a health-care IT business called Allscripts, was watching the second presidential debate three months ago, something unexpected happened at the 50-minute mark. Both John McCain and Barack Obama told the audience that they wanted to digitize America's healthcare system. The first step: creating electronic medical records. |
| Pitchmen-in-chief
January 26, 2009 at 11:15 am
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|  Adman Ed McCabe was once waiting for a table at Joe's Stone Crab in Miami Beach with Frank Perdue, whom McCabe had immortalized in Perdue chicken commercials, when a prospective client approached the pair. The man, an owner of a furniture company, asked McCabe whether he could do for him what he had done for Perdue. McCabe took one look at him and said, "Sorry, you don't look like a sofa." Perdue chuckled and walked into the restaurant. |
| Russia's king of crude
January 26, 2009 at 10:39 am
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|  There are many things that simply can't be known about Russia's largest independent company, Lukoil. How did its president come to control the oil and gas giant in the first place? How do the founders get away with buying company assets through a bank they own? And, perhaps most important, can it survive if oil prices stay as low as they are? |
| Underemployment insurance
January 26, 2009 at 10:38 am
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|  The unemployment rate is at 7.2% - that's a sixteen year high. And even some people who ARE working aren't in a job that matches their skills. |
| McDonald's to open 1,000 new stores
January 26, 2009 at 10:27 am
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|  Read full story for latest details. |
| Microsoft and Yahoo: Deal or no deal?
January 26, 2009 at 10:07 am
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|  It is conventional wisdom in tech circles that Microsoft and Yahoo will resuscitate talks about combining at least some parts of their businesses now that Yahoo has a new CEO, Carol Bartz. |
| Pfizer to buy Wyeth for $68 billion
January 26, 2009 at 8:01 am
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|  Pfizer announced Monday that it has signed a deal to acquire the smaller drugmaker Wyeth for $68 billion. |
| Stories from the recession's frontline
January 26, 2009 at 7:41 am
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|  Rhode Island is a tiny state with big problems. With just over one million residents, it ranks in the top 10 in terms of foreclosure, unemployment and state budget crunches. |
| Merger may boost stocks
January 26, 2009 at 7:06 am
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|  U.S. stocks were set to open higher Monday after Pfizer and Wyeth confirmed their $68 billion merger deal, but painful economic and corporate results will keep market enthusiasm in check. |
| New doubts about a once sure bet
January 26, 2009 at 6:07 am
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|  Retirement investors have long viewed annuities as an effective way to protect their nest egg. But the recent financial crisis has highlighted an inherent paradox: While annuities offer safety and guarantees, their benefits are tied to the financial strength of an insurer. If the company fails, you could be looking at a loss in the very part of your portfolio that you were counting on to be rock solid. |
| The economy's on strike - but for how long?
January 26, 2009 at 6:01 am
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|  Everyone knows that the economy was in sad shape during the final three months of 2008. On Friday, we'll find out just how bad the fourth quarter was. |
| The economy's on strike - but for how long?
January 26, 2009 at 5:55 am
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|  Everyone knows that the economy was in sad shape during the final three months of 2008. On Friday, we'll find out just how bad the fourth quarter was. |
| Model multitasking: Off the runway, onto the sales floor
January 26, 2009 at 4:35 am
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|  Times are tough in the modeling industry, but during the two months following the Wall Street meltdown, a small agency called Eye5 saw its revenue spike to $114,000 from $65,000 in the same period the year before. How did that happen? |
| BofA's Ken Lewis in the hot seat
January 26, 2009 at 4:04 am
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|  Bank of America CEO Ken Lewis is quickly learning just how lonely life at the top can really be. |
| This email was sent to aslakchristensen.e-news-freemarket@blogger.com .
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Economists expect an already deep recession to get even worse in 2009, according to a survey released Monday.
Read full story for latest details.
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