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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Debt, Home Foreclosure Survival Tactics

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Register for FREE - Wall Street Journal

Please register to gain free access to WSJ tools. An account already exists for the email address entered. Economists and others weigh in on the jump in the unemployment rate and the continuing job losses . The economy is on such a steep downhill ...

Research and Markets: By The End Of Sep 2008, China Had Over 1.6 ... - PR Inside

Research and Markets ( www.researchandmarkets.com/research/b2187a/china_financial_po ) has announced the addition of the "China Financial POS Machine Market Report, 2008" report to their offering. In narrow sense, the financial POS machines are card ...
General Growth Properties changes bankruptcy lawyer - Bloggingstocks.com

General Growth Properties (NYSE: GGP ) has changed its bankruptcy counsel from Sidley Austin LLP to hire Weil, Gotshal & Manges LLP, according to The Wall Street Journal (subscription required). The latter firm has also worked on the Lehman Bros ...
Equity Residential scales back development plans - Forbes

Equity Residential , an apartment developer and manager, said on Friday it will not go ahead with some of its previously planned projects because of concerns about the economy. Equity Residential (nyse: EQR - news - people ) said it will record a ...

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View Waterfront Deals by Boat

Florida company offers boat tours of foreclosed homes.
2.6 Million Jobs Lost In 2008

ABC's Tanya Rivero and Dan Arnall on the dismal job numbers from 2008.