Word: businessese
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Small businesses already hit hard by the recession may soon undergo another pummeling, this time by the 2009 H1N1 virus, the frightening new subtype of a strain that's been around for decades.
In the absence of congressional action, the President does have other options. The Environmental Protection Agency (EPA) on Wednesday announced a proposed rule that would regulate carbon emissions from large emitters - primarily power plants - that emit 25,000 tons of greenhouse gases or more. The rule is the latest step...
The EPA's proposed rule marks the first time the Federal Government has tried to regulate stationary sources of greenhouse-gas emissions. But again, the details are far from certain. It's not clear yet what "best available technology" will mean for carbon - especially in the case of new coal...
In the last year, this state has endured the collapse of its core automotive industry and dozens of affiliated businesses. Now, Michigan's unemployment rate is 15.2%, the nation's highest. The state's tax revenues have plunged by more than 22%. And even leafy, seemingly upscale suburban neighborhoods have...
Meanwhile, HSBC's Asia businesses continue to thrive. In the first half of 2009, its regional operations notched a pretax profit of $4.5 billion, more than half of it coming from Hong Kong alone. The bank is also continuing to expand in Asia. In China, where HSBC already has the...