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February 16, 2009

Leadership Forecasting

I don’t have to tell you about the toll the recession is having on people around the country. Companies are closing, layoffs abound, and politicians in Washington continue to work on viable solutions. Times are tough.


February 12, 2009

NC university teaches students how to start a small business
NC university teaches students how to start a small business

A North Carolina university plans programs this fall to teach students how to start the small businesses. The University of North Carolina at Greensboro program is aimed at small business because professors think those will create more jobs over the next 30 years.


February 04, 2009

Stocks fall on worries about consumer companies
Stocks fall on worries about consumer companies

Wall Street is now worrying about the companies usually seen as safe havens.


February 02, 2009

Tech stocks rise but broader market declines
Tech stocks rise but broader market declines

Investors worrying about a deepening recession have been cherry-picking stocks, sending tech shares higher and financials and blue chips lower.


January 28, 2009

Fed pledges to use all tools to help economy
Fed pledges to use all tools to help economy

The Federal Reserve says the economy has weakened further and signaled it will keep a key interest rate near zero for quite “some time” to cushion the fallout.
   


January 27, 2009

Stocks rise following US Steel, Amex earnings
Stocks rise following US Steel, Amex earnings

Some of Wall Street’s earnings anxiety is easing - at least for the time being.


January 26, 2009

Stocks fluctuate on anxiety over earnings reports
Stocks fluctuate on anxiety over earnings reports

Wall Street has managed an advance the hard way - zigzagging in response to a mix of earnings and economic news before closing moderately higher.


January 21, 2009

Tech, financial stocks lead Wall Street higher
Tech, financial stocks lead Wall Street higher

IBM has given Wall Street a reprieve from bad news and investors have responded by giving stocks a big rebound from their Inauguration Day plunge.


January 19, 2009

Rescue efforts show difficulty of fixing bank woes
Rescue efforts show difficulty of fixing bank woes

The day before President-elect Barack Obama takes office, the escalating problems facing major banks around the world couldn’t be clearer.


January 16, 2009

Bank of America announces earnings early
Bank of America announces earnings early

Bank of America is announcing its fourth-quarter results ahead of the previously scheduled date.


January 14, 2009

Stocks fall on retail sales news
Stocks fall on retail sales news

Stock prices have finished the day lower yet again, with the Dow losing about 250 points on the day.


January 13, 2009

Citigroup, Morgan Stanley merge brokerages
Citigroup, Morgan Stanley merge brokerages

Citigroup and Morgan Stanley are combining their brokerages in a deal that shows how much Citigroup wants to slim down and build up cash.

Stocks settle mixed
Stocks settle mixed

Stock prices bounced off their lows of the session to close mixed.


January 12, 2009

The Dow slips again, down 125
The Dow slips again, down 125

Wall Street has extended last week’s slide on worries that the quarterly results companies begin releasing this week will signal the economy is in worse shape than feared.

A somber mood at this year’s Detroit auto show
A somber mood at this year’s Detroit auto show

Automakers are faced with the difficult challenge of revving up business during tough economic times


January 10, 2009

Citigroup, Morgan Stanley talk about merging units
Citigroup, Morgan Stanley talk about merging units

A person familiar with the talks says negotiations are underway between Citigroup and Morgan Stanley about a deal one economist says could be the unraveling of the Citi monolith.


January 06, 2009

Stocks finish moderately higher on Fed minutes
Stocks finish moderately higher on Fed minutes

Wall Street has dismissed more bad economic news and is finishing with a moderate advance that leaves stocks at their highest levels in two months.

Apple’s Steve Jobs quells health rumors
Apple’s Steve Jobs quells health rumors

Apple founder and Chief Executive Steve Jobs, looking to quell rumors about his health, said his doctors have discovered a hormonal imbalance that has been causing his weight loss.


January 05, 2009

Dec. auto sales fall more than 30 percent for GM, Ford,
Dec. auto sales fall more than 30 percent for GM, Ford,

U.S. auto sales plummeted last month.


January 02, 2009

Wall Street enjoys upbeat start to 2009
Wall Street enjoys upbeat start to 2009

Wall Street started the new year with a big rally, sending the Dow Jones industrials up more than 250 points and to their first close above 9,000 in two months.

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