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GM to cut 10,000 jobs General Motors (GM) has announced significant layoffs for the coming year as it tries to ensure its long-term viability. This week, the company reported that it would lay off 10,000 salaried employees, bringing its total global employment down to about 63,000. The company went on to say that its... NASDAQThe New VAT Rate of 15% - How Will it Affect Students? The government decided in December to reduce VAT (valued-added tax) from 17.5% to 15% - a cut of 2.5%. This was done to try to stimulate consumer spending during the recession. Everyone in the UK (including students) is required to pay VAT on goods and services - you won't normally see it as it's incorporated into prices. The new VAT rate came into force from Monday, 1st December 2008. ezinearticles.com335 companies report forex losses in December quarter - Business Standard 335 companies report forex losses in December quarterBusiness Standard, India - 3 hours agoCompanies are trying to clean up their balance-sheets and make provisions for forex losses as they think the disclosures will not have a major bearing on ... Info 5000Commodity Forex Trading - Soybeans Are the New Kids on the Block Once considered fit for animal feed only, the soybean has become a staple in the world diet and on the commodities Forex market with a very high yield. First brought from China and Japan as ballast for ships in the early 1800's, this crop was ignored until the late 1870's when several farmers tried to grow it, to see if they could use it to feed their livestock. ezinearticles.comCourt Denies Verizon Petition on Customer Switching A U.S. appeals court has denied Verizon's petition to overturn another court's order that bars the company from soliciting customers and trying to talk them out of switching phone service providers. Cable providers such as Comcast and Time Warner originally complained about Verizon's tactics. - WASHINGTON (Reuters) - A U.S. appeals court has denied Verizon Communication Inc's request to overturn a federal order barring the phone company frommarketing to customers to talk them out of switching phone services.The U.S. Court of Appeals for the District of Columbia rejected onTuesday V... eWeekNAB execs jostle for position NATIONAL Australia Bank executives trying to bend the ear of new boss Cameron Clyne are scrambling for offices at the new digs in Melbourne's Docklands. The AustralianGold Rises as U.S. Financial Rescue Plan Falls Short of Expectations (CEP News) - Gold prices soared as investors tried to find a safe haven following Comments from U.S. Treasury Secretary Timothy Geithner. Economic NewsRetailer Turns To Bankruptcy To Stay Afloat Bowl & Board, a family-owned chain of housewares stores in New England, is trying to stay alive through bankruptcy protection. With the closure of its Brookline, Mass., location, the company hopes it can still keep its other locations going during these tough economic times. NPRUPDATE 1-Certicom says Verisign will not match RIM`s offer TORONTO, Feb 10 (Reuters) - Security software makerCerticom Corp said on Tuesday that it has receivednotice from VeriSign Inc that it will not try to matchBlackBerry maker Research In Motion's lasttakeover offer for Certicom. ReutersOn the road and airwaves, Obama presses stimulus WASHINGTON - President Obama, pressing lawmakers to approve a huge economic recovery bill, turned his first prime-time news conference last night into a determined defense of his emergency plan and an offensive against Republicans who try to "play the usual political games." The Philadelphia Inquirer |
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