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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Entrepreneur, Start Your Own Food Company

See FULL page: Entrepreneur, Start Your Own Food Company

Israel, Hamas Reject UN Truce Vote Amid Gaza Fighting (Update1) - Bloomberg

Jan. 9 (Bloomberg) -- Israel and Hamas rejected a UN call for an immediate cease-fire in the Gaza Strip and Prime Minister Ehud Olmert said the military offensive aimed at stopping rocket fire would continue. Olmert said the firing of rockets from ...
Gas Industry 1991-2000 - Kommersant

For the last 10 years, the gas industry has lived as if it were a state within the state. The government was too loyal to the gas monopolist, and even its privatization was conducted in the interests of the company's management. However, such ...
Homeless families have no place to go - Bothell Reporter

A family of four last year barely struggled to make ends meet with gas prices above the $4 mark. Then came the sudden downturn in the economy and, with it, the loss of the husband’s job. For the first month after he lost his minimum-wage job, the ...

Raju’s lust for land - Hindustan Times

His lust for land seems to have been Ramalinga Raju's undoing. Hailing from an agricultural family, for whom land was everything, the Satyam chairman went on to create a multi-billion empire in a span of just 20 years. This was a remarkable feat for ...
Satyam’s Raju Arrested, Board Sacked, in Fraud Probe (Update1) - Bloomberg

Jan. 10 (Bloomberg) -- Satyam Computer Services Ltd. chairman Ramalinga Raju and his brother Rama were arrested and the remaining directors of the software exporter sacked, as India started investigating an alleged $1 billion fraud. The brothers were ...
Satyam's Founders Are Arrested, Board Sacked as India Probes Alleged ... - Bloomberg

Jan. 10 (Bloomberg) -- Satyam Computer Services Ltd. chairman Ramalinga Raju and his brother Rama were arrested and the remaining directors of the software exporter sacked, as India started investigating an alleged $1 billion fraud. Ten directors ...

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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.