Ugly Headlines

Posted by Kris | Monday, November 17, 2008 | | 0 comments »

Citigroup to cut another 53,000 jobs
Monday November 17, 9:55 am ET 
By Madlen Read, AP Business Writer

Citi to cut about 53,000 more jobs over coming quarters, bringing total cuts to 20 pct

U.S. in recession, jobless to peak at 7.5 pct: survey
Monday November 17, 12:19 am ET

Stocks open lower on more economic woes
Monday November 17, 10:17 am ET 
By Sara Lepro and Madlen Read, AP Business Writers
Stocks fall on fresh evidence of deteriorating economy, including massive layoffs at Citigroup

European markets fall further ahead of US open
Monday November 17, 8:53 am ET 
By Pan Pylas, AP Business Writer
European markets fall further ahead of US open, disappointment G-20 did not come up with more

Lowe's 3Q profit falls 24 percent on slow spending
Monday November 17, 9:45 am ET
Lowe's 3rd-quarter profit falls 24 percent on slow spending, results beat Street estimates

Oil rises on surprising industrial output figures
Monday November 17, 10:23 am ET 
By Pablo Gorondi, Associated Press Writer
Oil rebounds after US reports industrial output jumped unexpectedly