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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Digital Profits, Business to Business

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Lara Croft faces female-friendly makeover after poor sales in US bring ... - Times Online

Lara Croft is to get a makeover after the digital heroineâ€™s waning popularity in the United States forced its publisher to admit that sales would fall about Â£20 million short of what had been hoped. Eidos is considering revising the look and play ...
UPDATE 2-Best Buy narrows full-year profit forecast - TradingMarkets.com

Best Buy said same-store sales in December fell 6.5 percent during the worst U.S. holiday shopping season in nearly 40 years. In November it forecast that sales at stores open at least 14 months could fall 5 percent to 15 percent for the remainder of ...
Digital Entertainment, In-Vehicle Technologies and Keynotes Launch the ... - PR Inside

The 2009 International CESÂ® opened with the world's largest debut of consumer technology products from 2,700 companies, including 300 new exhibitors, and keynote addresses from industry leaders. Produced by the Consumer Electronics Association (CEA ...

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

Land Securities Group is to sell its Trillium outsourcing unit for Â£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 ...
China Mobile to launch 3G phone on android platform-source - Reuters

BEIJING, Jan 9 (Reuters) - China Mobile ( 0941.HK ), the world's largest wireless carrier, plans to launch a 3G handset built on the Android platform in the first quarter, a source with direct knowledge of the issue said on Friday. The handset, named ...
Globe and Mail to cut 10% of its workforce - The London Free Press

TORONTO - The Globe and Mail plans to cut about 10% of its workforce â€” or about 80 jobs â€” in an effort to reduce costs in an uncertain economy. The newspaperâ€™s publisher and CEO Phillip Crawley told The Canadian Press on Friday that the company ...

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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.

Business Update: Jobs data weighs

Jan. 9 - As the economic recession deepens, the unemployment rate surged to the highest level in 16 years pushing investors to the sidelines.