Word: businessese
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Motorola (MOT) is another American business iconic brand which is close to the point of extinction. The company's core handset business has been flailing for close to two years. One CEO was fired over a year ago, but now the firm has two CEOs. One of them was to...
To say Britain isn't good at coping with snow would be to exercise British understatement. Heavy snow is too rare to warrant serious investment in equipment, especially in London and the southeast, where this was, as excitable weather forecasters declared, the biggest "snow event" in 18 years. The heavy...
It is clear that a number of Chinese manufacturing operations are also letting people go although the businesses in that nation are not always forthcoming about their actions.
And that is why Tom Daschle had to go. If he hadn't jumped, Obama would have had to push him, even though Daschle was a mentor and close friend. It wasn't just the unpaid taxes. And it wasn't just that two other Obama Administration officials had neglected...
But it's hard to stay loyal to liberal markets when voters are demanding action in the middle of an economic meltdown. Nowhere has that been more evident than in Britain - long the European Union's most enthusiastic cheerleader of American-style deregulation and free trade. On Monday, U.K. unions...