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EXTRA: Wal-Mart employee killed in shopping stampede
Washington - An employee at a Wal-Mart store in Long Island, New York died after being knocked down by hundreds of shoppers hunting for bargains Friday, US media reported citing witnesses. Customers who had jammed the store entrance knocked down and ...
[Posted
on :
2008-11-28 ] Category : [
US (Business) ]
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Wall Street continues climb
New York - US stocks soared Wednesday for a fourth straight trading session. Since its November 20 close, the broad-based Standard & Poor's 500 Index has gained 18 per cent as president-elect Barack Obama has announced appointments to financial posts...
[Posted
on :
2008-11-27 ] Category : [
US (Business) ]
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Obama sets up advisory board for economic recovery - Summary
Washington - US president-elect Barack Obama announced Wednesday that he was establishing an advisory board to help lead the country out of the economic crisis and named a former chairman of the Federal Reserve to head it. Paul Volcker will head the ...
[Posted
on :
2008-11-26 ] Category : [
US (Business) ]
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Obama names former Fed chief to head economic recovery
Washington - US president-elect Barack Obama named former Federal Reserve chief Paul Volcker Wednesday to head his advisory board for leading the United States out of the economic crisis. Obama created the Economic Recovery Advisory Board to offer in...
[Posted
on :
2008-11-26 ] Category : [
US (Business) ]
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Profit at Tiffany's: Earnings plunge amid finance turmoil
New York - Luxury goods concern Tiffany said Wednesday that the financial crisis had badly hurt company outlook, with the company now reducing payrolls and shelving new store openings. In the third quarter which ended October 31, Tiffany's surplus ha...
[Posted
on :
2008-11-26 ] Category : [
US (Business) ]
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US stocks rise on new government lending programme
New York - US markets got a slight boost from government plans announced Tuesday to pump an additional 800 billion dollars into the struggling economy and unfreeze credit for consumers and small businesses. The increases continued a three-day rally o...
[Posted
on :
2008-11-25 ] Category : [
US (Business) ]
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