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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Ebay Classified Ads To Riches, Money & Employment

See FULL page: Ebay Classified Ads To Riches, Money & Employment

UK Approves Police Hacking Home Computers - Wired

The UK's Home Office is supporting a proposal that would allow British police or MI5 agents to hack home, office and other private computers without a warrant to intercept e-mail traffic and monitor a user's other computer activities. The proposal ...

China shares gain, led by power companies, banks - Columbia Missourian

Chinese shares rebounded Friday as investors hunted bargains and power companies rose after a government capital injection into one electricity supplier. The benchmark Shanghai Composite Index rose 1.4 percent, or 26.68 points, to close at 1904.86 ...
U.S. sheds more jobs in December - International Herald Tribune

More than half a million Americans lost their jobs in December, making 2008 the worst year for U.S. employment since World War Two, while Europe's woes mounted as output from its factories plunged. The U.S. unemployment rate jumped to a 16-year high ...
U.S. sheds more jobs - MSN UK News

NEW YORK (Reuters) - More than half a million Americans lost their jobs in December, making 2008 the worst year for U.S. employment since World War Two, while Europe's woes mounted as output from its factories plunged. The U.S. unemployment rate ...

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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.