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Archive for 'technology'

Deutsche Post to cut up to 13,000 U.S. jobs

November 11, 2008

BONN–Deutsche Post AG is poised to announce thousands of job cuts at its DHL Express operations in the United States, possibly as early as […]

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Retail growth seen screeching to a halt

October 2, 2008

Retailers may have to scrap their growth plans and shrink in 2009 to survive as they face the grimmest economic environment since the early […]

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CIBC predicts weaker global growth

September 10, 2008

The global economic slowdown and the fall in prices for commodities such as oil on world markets have prompted outspoken CIBC World Markets chief economist […]

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Home foreclosures reach record high

September 5, 2008

Home foreclosures and the rate of homes entering foreclosure rose to record highs in the second quarter, the Mortgage Bankers Association said on Friday.
“The […]

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RBS suffers first-ever loss after $11 bln writedown

August 9, 2008

A 5.9 billion pound ($11.4 billion) writedown on risky assets sent Royal Bank of Scotland (RBS.L: Quote, Profile, Research, Stock Buzz) to a first-half […]

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Ford plans U.S. layoffs

May 30, 2008

DETROIT – Ford Motor Co. plans to conduct involuntary layoffs of salaried employees by August as part of a restructuring in the face of […]

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Canadian productivity increases in 2007

May 16, 2008

OTTAWA–Newfoundland and Labrador led the country in labour productivity growth in 2007, while Alberta had the largest decline.
Conventional crude-oil extraction influenced both developments.
[…]

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Bleak prediction from GE czar

April 24, 2008

ERIE, Pa. – General Electric CEO Jeff Immelt said today that the U.S. economy is the worst its been since the burst of the […]

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U.S. consumers keep wallets shut

April 16, 2008

WASHINGTON–Consumers, beset by a credit crunch, rising energy and food costs and a prolonged housing slump, boosted spending only slightly in March with the gain […]

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Cable firm warily eyes wireless bid

April 13, 2008

 

CALGARY–Shaw Communications Inc.’s chief executive says the company may take a run at entering the wireless business, and the Calgary-based cable, satellite and digital-phone provider […]

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