UK economy 'now at 28-year low'

The UK economy likely declined 1.5% in the last three months of 2008, its worst performance in 28 years, a study reports.
US job losses hit record in 2008

More US workers lost jobs in 2008 than in any year since World War II, with employers axing 2.6 million posts.
Iceland buys 51 Woolworths stores

Frozen food retailer Iceland buys 51 former Woolworths stores, and says it plans to create 2,500 new jobs.

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Asset Protection & Estate Planning Toolbox, Business to Business

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Mosaic's developer files Chapter 11 protection - Houston Chronicle

The developer of the Mosaic condominium tower on the edge of Hermann Park has filed for bankruptcy protection, another sign that the national recession and credit crunch is affecting the Houston real estate market. The developer, 5925 Almeda North ...
House Bill Aims to Stabilize Housing, Addresses Foreclosure and ... - MSN MoneyCentral

WASHINGTON , Jan. 9 /PRNewswire/ -- A bill that embraces the need for righting the housing market --- the first big step toward economic recovery --- was introduced Friday in the U.S. House of Representatives. (Logo: http://www.newscom.com/cgi-bin ...
Mutual Bank of Harvey ordered to raise capital, improve standards - Chicago Tribune

State and federal banking regulators have slapped Mutual Bank of Harvey with an order requiring the lender to improve its lending standards and raise capital. Mutual is the $1.69 billion-asset bank that financed the purchase by the wife of political ...

Land Securities in £750m sale of division to streamline business - yorkshirepost

Land Securities Group is to sell its Trillium outsourcing unit for £750m, streamlining its business and bolstering its balance sheet amid miseries in the UK property market. Trillium, which manages the property of large public and private sector ...
State’s housing industry calls on Congress - Nashville Business Journal

Local businessman John Montgomery of Nashville-based Carbine & Associates joined others in the Tennessee housing industry Thursday in a call to Congress to address the housing crisis that is at the root of the nation’s recession. Montgomery joined ...
2 properties sold at CV Business Park - Public Opinion

Property transfer: LIDA Patriot Real Estate, a railroad and Defense contractor, has agreed to buy property in the Cumberland Valley Business Park. Ramtech, a labor contractor at Letterkenny Army Depot, has purchased former Building 522 ...

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2.6 Million Jobs Lost In 2008

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UK economy 'now at 28-year low'