President Bush is influencing the urging lawmakers to pass the cooperation to financial system bailout bill, which is fashioned in marathon weekend bargaining. It is needed for maintaining stable growth in US economy and in stopping the crisis of financial industry from spreading across the economy. Bush made the statement at the White House, assuring the Americans for approving the administration’s $700 billion rescue plan, which is the right thing to do right now. Bush spoke amid continued nervousness in financial markets at home and overseas and discussed about the…
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Mass Layoffs Increase Jobless Beneficiaries
The claims of unemployment benefits are reported to reach record numbers. The increase in mass layoffs and the decreased hiring in firms all over the country has peaked the number of people turning to the federal offices asserting the unemployment benefits. According to the Labor Department, the claims of unemployment insurance have reached the 4.78 million mark by Jan 17th. This number has far exceeded the analysts’ expectation of 4.65 million claims and is also reported to be the highest number since 1967. Also, other 1.7 million people are receiving…
Read MoreWhat bad economy brings to small businesses?
When the government saw the list of filed bankruptcies, these were the major companies which had branches all round the world. With the fall of so big companies, we must have understood that big has nothing to do with the recession or losses. In contrast, when big companies fail the amount of losses will be very big compared to that of small companies. Yes there are many small companies that shut their businesses down but as you see, none of them made the news. But it is a good time…
Read MoreMicrosoft Wants a New Yahoo Board
Microsoft Corp. threw its weight behind investor Carl Icahn’s effort to oust Yahoo Inc.’s board next month, saying Monday that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another multibillion-dollar deal. The development gives Icahn a huge carrot to dangle before Yahoo shareholders as he wages a campaign to oust Yahoo’s nine directors at the company’s annual meeting Aug. 1. Microsoft’s support of Icahn also intensifies the pressure on Yahoo co-founder and Chief Executive Jerry Yang, whose handling of the earlier…
Read MoreAdvantages on Working with an Apartment Broker
Each apartment broker has the list of apartments which they are given permission by the landlord to show to the people. In some cities, brokers control the market, which means that most las vegas apartments are available only through brokers. Some landlords do work with multiple brokers, which can drive up the competition. View many apartments quickly. After telling them your price range, desired apartment size, and any other specific requests, they can show you those apartments that fit your specifications much quicker than if you scanned the classifieds and…
Read MoreGoogle slates Microsoft-Yahoo deal
Google billionaire co-founder Larry Page criticized a potential Microsoft takeover of Yahoo, saying it would concentrate too much power in the online communications market, stifling innovation and curbing competition. But he discounted the idea that an advertising deal between Google and Yahoo – one the two companies are now exploring would present any potential antitrust problems. In his first authorized activate for Google to the nation’s capital, Page spoke on Thursday at a forum sponsored by the New dweller Foundation conceive tank about expanding affordable access to high-speed internet service…
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