Word: businessese
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Worse still is the availability of credit in the economy in general. According to the New York Times, "By one estimate, as much as $1.9 trillion of lending capacity - the rough equivalent of half of all the money borrowed by businesses and consumers in 2007, before the recession struck - has...
What about protectionism? We've seen it in the past. We saw it in the 1930s. When I spoke to the U.S. Congress [on March 4], I said that protectionism in the end protects no one, because if trade falls, then more businesses collapse and more jobs go. You know...
Recently analysts covering the manufacturing sector said that so many factories are shut here and overseas that the businesses are eating through inventories. That is being interpreted as good news because once inventories move close to zero, factories will have to increase production to replace them. That analysis glosses over...
See which businesses are bucking the recession.
Lights Out. If your hotel goes dark this weekend, don't be alarmed. To honor Earth Hour - organized by the World Wildlife Fund (WWF) to encourage businesses and people to take simple steps every day to reduce carbon emissions - many hotels and cities are turning off the lights on Saturday...