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Four Ways the US Car Industry Can Save Itself
nytimes.com — For Detroit, there is plenty of failure. But there are also plenty of opportunities to begin again. In fact, there are many new technologies to make cars safer, cheaper, cleaner and more convenient. All these could be adopted by the automobile industry in the near future and without too much trouble.More… (Business & Finance)
7FluidAHChrysler Recieved A $4 Billion Governent Loan
reuters.com — Chrysler LLC said on Friday it has received an initial $4 billion emergency loan from the government. ''This initial loan will allow the company to continue an orderly restructuring,'' Chrysler Chief Executive Bob Nardelli said in...More… (Business & Finance)
louiebaurWho Saw The Housing Bubble Coming?
forbes.com — Some forecasters were prescient; financial leaders weren't.More… (Business & Finance)
onlyscU.S. steel industry urges ''buy America'' recovery plan
reuters.com — WASHINGTON (Reuters) - The ailing U.S. steel industry is pressing President-elect Barack Obama for a public works plan that could be worth $1 trillion over two years to boost flagging demand for U.S.-made steel, the New York Times reported in...More… (Business & Finance)
bamafun
The Biggest CEO Firings of 2008
msnbc.msn.com — The bloodletting in the c-suite started in 2007. It still hasn't stopped. Another year goes by and more chief executives get the ax — probably more than in any previous year. People shook their heads when Charles Prince III at Citigroup and Stanley O'Neal at Merrill Lynch got the boot in 2007. Now it look like they were lucky. They got out just inMore… (Business & Finance)
upick
Falling Gas Prices Require 50% Gas Tax
consumerenergyreport.com — The current 4 year low in gas prices is ruining tax revenue earmarked for the nation's roadways and bridges, says the commission appointed by Congress.More… (Business & Finance)
indycolts88
How To Set Financial Resolutions You Can Keep
blog.mint.com — Follow this handy action plan in order to set New Year’s Financial Resolutions you can actually keep.More… (Business & Finance)
msaleemGovernors ask Uncle Sam for $1 trillion
money.cnn.com — Five Democratic leaders seek aid for all 50 states to maintain education, welfare, infrastructure, as recession worsens. The governors of New York, New Jersey, Massachusetts, Ohio and Wisconsin - all Democrats - said the initiative for the two-year aid package was backed by other governors and follows a meeting in December where governors called onMore… (Business & Finance)
hsinrayBank of America, Wells close mergers as banking transforms
reuters.com — Bank of America Corp completed its purchase of Merrill Lynch & Co and Wells Fargo & Co finished buying Wachovia Corp, the latest sea changes in a transformed banking industry facing dire economic...More… (Business & Finance)
Russia Flexes Some Muscle, Cuts Off Gas Supply to Ukraine
consumerenergyreport.com — In an ongoing disagreement between the two countries, Russia has decided to play hardball after talks broke down over a contract renewal.More… (Business & Finance)
brotherbob1Google tells companies to drop Internet Explorer 6
tgdaily.com — The last bastion of IE6 hold-outs, corporate users, are being targeted by Google. Users of Gmail, including any companies using the services of Google Apps, are being advised to dump IE6 in favour of Chrome, Firefox or IE7.More… (Business & Finance)
nickshanks
Is the Euro the New Dollar?
time.com — The euro turns ten on Jan. 1, a milestone for one of the most powerful symbols of European identity. It's a remarkable achievement for a currency whose only global rival is the U.S. dollar. European Commission President José Manuel Barroso credits the euro for delivering lower inflation, "To put it simply, the euro works."More… (Business & Finance)
MrBabyManTop Dell executives leave as PC maker restructures
reuters.com — Two top executives at Dell Inc are leaving the No. 2 PC maker as part of a reorganization designed to boost sales as it struggles to regain share from bigger rival Hewlett-Packard Co. Dell said that marketing chief...More… (Business & Finance)
Cure for the Auto Industry: Trust funds, not bailouts watch!
WriterSD
Survey: Oil May Lose Top Rank as Cheapest Energy
abcnews.go.com — Over the next 20 years, oil and natural gas will lose top ranking as the world's most affordable energy sources, according to a survey of energy executives released Wednesday. Deeper wells in more inhospitable places, both political and geological, have altered presumptions of doing business in the oil patch. More… (Business & Finance)
naturalpapa
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