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Layoffs sweep through US corporations and small businesses - World Socialist Web Site Mass layoffs throughout every sector of the US economy continued to mount in the first full week of the new year. News of the job cuts came in advance of a Labor Department report due Friday, which is expected to show that last year's job losses ... Feed DigestSecuring Your Nest Egg Against Layoffs (Investor`s Business Daily) Americans lost 2.4 million jobs last year. And more workers are worried about getting a pink slip any day now. yahoo.comCitigroup backs US home loan plan CONGRESSIONAL leaders have reached agreement with Citigroup on laws to provide relief to cash-strapped homeowners at risk of losing their homes. The Courier MailStocks to Watch: Stocks in focus for Friday Among the companies whose shares are expected to see active trade in Friday's session are KB Home, MSCI, General Mills, and Chevron. Market WatchMicrosoft turns up heat on Yahoo Steve Ballmer, Microsoft's chief executive officer, has increased the pressure on Yahoo to hand over control of its search business to his software company Financial TimesStocks end mostly higher after mortgage deal (AP) AP - A deal to help head off more mortgage foreclosures pulled Wall Street out of a slump Thursday, giving stocks a mostly higher close. Democratic lawmakers reached an agreement with Citigroup Inc. on a plan to let bankruptcy judges alter loans in an effort to prevent homes from going into foreclosure. Other lenders are expected to follow suit. TelegraphFederal Reserve Bank of Richmond: Richmond Fed Publication Examines the Economics of Housing RICHMOND, VA (MARKET WIRE) Owning a home is often referred to as 'the american Dream.' And, in fact, homeownership is often beneficial to individual families and society as a whole. But america's high homeownership rate has been driven in part by public policies that have likely led to costly distortions in the market. The cover story of this issue of Region Focus considers what could be done to help eliminate those distortions and improve the functioning of the U.S. housing market. Marketwire.comLehman deal on private equity close: source NEW YORK (Reuters) - Lehman Brothers Holdings Inc has reached an agreement in principle to sell its merchant banking business, made up of two private equity funds, to management of the funds, a source familiar with the situation said on Thursday. ReutersStocks up on expected foreclosure deal but Dow off (Reuters) Most U.S. stocks rose on Thursday after news that Citigroup Inc agreed to support legislation aimed at stemming home loan foreclosures, offsetting Wal-Mart's disappointing sales and outlook. yahoo.comRPT-UPDATE 1-Lehman deal on private equity close - source NEW YORK, Jan 8 (Reuters) - Lehman Brothers Holdings Inc has reached an agreement in principle to sell itsmerchant banking business, made up of two private equity funds,to management of the funds, a source familiar with thesituation said on Thursday. Reuters1 2 3 4 5 |
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