Archive for February, 2009

Joblessness Probably Rose to 16-Year High: U.S. Economy Preview

Sunday, February 1st, 2009

The abandoned amount in the U.S. apparently jumped in January to the accomplished akin in 16 years as crumbling sales affected administration to carve staff, economists activity letters this anniversary will show.
Unemployment climbed to 7.5 percent, and payrolls fell by 530,000, the 13th afterwards decrease, according to the average appraisal in a Bloomberg News analysis [...]

Refiners, Union Workers Extend Contract Talks as Strike Looms

Sunday, February 1st, 2009

Royal Dutch Shell Plc and the abutment apery refinery workers continued talks on a new arrangement for at atomic 24 hours, dabbling a accessible bang that may affect about two-thirds of U.S. capacity.
The groups fabricated “sufficient progress” during talks yesterday, Lynne Baker, a United Steelworkers spokeswoman, said in a blast interview. The rolling 24-hour addendum [...]

Amazon.com Soars After Outpacing E-Commerce Rivals

Sunday, February 1st, 2009

Amazon.com Inc., the world’s bigger online retailer, acquired 18 percent in Nasdaq trading afterwards sales and accumulation topped estimates, signaling that the aggregation is outpacing EBay Inc. and its e-commerce rivals.
Fourth-quarter net assets rose 8.7 percent to $225 million, or 52 cents a share, the Seattle-based aggregation said bygone afterwards markets closed. Sales climbed 18 [...]