April 17, 2008
Merrill Lynch to Cut Jobs
Merrill Lynch & Co (MER.N: Quote, Profile, Research) on Thursday posted a quarterly loss of $2 billion and said it planned to cut 2,900 jobs... Read More
April 16, 2008
Drugmaker Merck Misrepresented Vioxx
From CNBC News, A new report in the Journal of the American Medical Association is highly critical of drugmaker Merck and its handling of the... Read More
April 11, 2008
Frontier Airlines Files Bankruptcy
Dallas News Reported – Denver-based Frontier Airlines Inc. became the fourth U.S. airline in less than a month to file Chapter 11 bankruptcy... Read More
April 8, 2008
WaMu Cuts Jobs
Washington Mutual Inc, the largest U.S. savings and loan, said on Tuesday it obtained a $7 billion capital injection from private equity firm TPG Inc... Read More
April 7, 2008
Senate Agrees on Bill to Ease Foreclosures
Senate leaders announced an agreement Wednesday on legislation to ease the slumping housing market and help millions of families threatened by... Read More
April 4, 2008
Telemarketers Loosing Access
The Dallas Morning News reports that Texas drivers involved in accidents will no longer be required to furnish telephone numbers for crash reports... Read More
Jobless Rates Hit 5.1%
According to The Houston Chronicle, employers slashed 80,000 jobs in March, the most in five years and the third straight month of losses. At the... Read More
March 27, 2008
Bankruptcy More Common with the Economic Decline
When she was laid off in February, Patricia Guerrero was making $70,000 a year. Weeks later, with bills piling up and in need of food for her family,... Read More
March 26, 2008
U.S Home Prices Decline
The drop in U.S. home prices accelerated in early 2008 and shows no sign of bottoming. Preowned home prices nationwide fell by a record 11.4 percent... Read More