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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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 ...
Globe and Mail to cut 10 per cent of its workforce, says publisher and ... - Winnipeg Free Press

TORONTO - The Globe and Mail plans to cut about ten per cent of its workforce - or about 80 jobs - in an effort to reduce costs in an uncertain economy. The newspaper's publisher and CEO Phillip Crawley told The Canadian Press on Friday that the ...
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 ...

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2.6 Million Jobs Lost In 2008

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

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Jan. 9 - Technology takes center stage the the Consumer Electronics Show in Las Vegas despite a gloomy economy.

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UK economy 'now at 28-year low'