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• Asian firms more likely to keep workers in slump
MANILA, Philippines - Asian employers are more likely to keep employees during an economic downturn than U.S. companies, for whom layoffs is the top choice for coping with a slump, an international management consulting company said Monday. Watson ...
• Fed, Treasury mulling commercial paper support
The Federal Reserve and the Treasury Department are consulting with market participants on ways to provide additional support for term unsecured funding markets," the statements said. Aiding the commercial paper market may test the limits of the Fed's ...
• Venezuela shuts down nearly all McDonald’s
But analyst Pedro Palma of the Venezuelan economic consulting firm MetroEconomica said the closing of the Oak Brook, Illinois-based McDonald's shouldn't be interpreted as an attempt to pick on U.S. companies. "They've closed many Venezuelan businesses ...
• AmEx rates credit risk by where you live, shop
Absolutely unbelievable!” said Jesse Gilleland of suburban Washington, D.C., who says revisions of his American Express accounts and credit limits, at least partly for those reasons, could force him to close his once-thriving computer-consulting ...
• Oil below $88 on U.S., Europe recession fears
Traders are expecting the world to move toward recession, with the U.S. and Europe especially a concern,” said Gerard Rigby, an energy analyst with Fuel First Consulting in Sydney. “Based on the short-term trend, you could see prices approaching ...