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Archive for 'technology'

St. Louis Fed’s Bullard Urges Rule to Guide Asset Purchases

October 12, 2009

Federal Reserve Bank of St. Louis President James Bullard repeated his call for a quantitative rule to adjust the Fed’s program to buy $1.75 […]

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U.S. jobless rate reaches 9.8 per cent

October 4, 2009

WASHINGTON–The unemployment rate rose to 9.8 per cent in September as employers cut far more jobs than expected, evidence that the longest recession since […]

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Delta, JAL talk, source says

September 13, 2009

Delta Air Lines Inc. is considering making a cash infusion of a couple of hundred million dollars to aid struggling Japan Airlines Corp., a […]

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Jobless rate is at highest since 1983

September 6, 2009

The unemployment rate jumped almost half a point to 9.7 percent in August, the highest since 1983, reflecting a poor job market that will […]

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Mickey, meet Iron Man: Disney to buy Marvel

September 2, 2009

The Walt Disney Co. is punching its way into the universe of superheroes and their male fans with a deal announced Monday to acquire […]

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Bernanke says US economy on cusp of recovery

August 22, 2009

JACKSON, Wyoming – Federal Reserve Chairman Ben Bernanke declared Friday that the U.S. economy is on the verge of a long-awaited recovery after enduring […]

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Citi energy trader working to modify contract: report

August 14, 2009

Citigroup Inc energy trader Andrew Hall is proposing to modify his contract in an effort to avoid a confrontation with the Obama administration’s pay […]

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Air Canada considers route, fleet cuts

August 8, 2009

MONTREAL – Air Canada says it's embarking on a cultural change that will result in deeper cost cutting, including possible route and fleet reductions, […]

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Jobless claims up

August 1, 2009

The number of newly laid-off workers filing first-time claims for jobless benefits rose last week, the government said, though the increase was mostly due […]

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Ericsson’s $1.13B bid wins Nortel wireless

July 27, 2009

Nortel Networks Corp. appears to be heading toward a break up after a foreign maker of telecom equipment successfully bid for its key wireless unit […]

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