Michael Shedlock submits: uto sales were generally dismal across the board, with Honda the only bright spot as reported in an Auto Makers Report by the Wall Street Journal. The declines were exacerbated fewer selling days; there were 24 selling days last month, compared with 27 in June 2007....
Even though enrollment in accounting programs has risen over the past few years, the demand for CPAs currently outstrips supply by as much as 20 percent, and relief appears to be a long way off. If there is one bright spot, it may be that the turnover rates at public...
Engineering construction is likely to remain a bright spot in an otherwise slowing economy given the backlog of work and planned spending on infrastructure by state governments, economists say.It should also mean that any rise in unemployment should be mild.Data released Tuesday by the Australian Bureau of Statistics showed...
Research Recap submits: The average value of merger and acquisition activity in the US marketing, advertising and digital media industries declined in the first half of this year. While the number of transactions was up 21% compared to the first six months of 2007, dollar volume was down...
Article is about the family owned business, shows robust growth in American economy. It presents the facts deduced by the survey that a mean revenues from family- owned firms have grown to $36.5 million, up more than 50%. While most business and economic news over the last year has been...
Palm got a nice distribution boost Thursday in a deal with Verizon Wireless. The companies said statement that Palm's Centro–the one bright spot for Palm in a landscape of bleak news–will hit Verizon Wireless stores June 13. The Centro has been a big hit...
The bleeding continues at McClatchy. The troubled newspaper chain revealed that it is reducing its workforce nationwide by a further 10 percent in an effort to shave some $70 million a year in operating costs. This news was hardly unanticipated around here, given our earlier reports about McClatchy's staggering...
LONDON (Reuters UK) - Factory gate inflation hit double digits for the first time since comparable records began and manufacturers' costs jumped by a record 30 percent on the year in June, official data showed on Monday. The Office for National Statistics said that output prices...
Union Bank of California has fared much better than many larger banks in the face of a souring mortgage market, but that hasn't kept it from taking a more cautious approach. So it's selling its insurance subsidiary, Union Bank Insurance Services, to BB&T Insurance of Raleigh, N.C. ...
McDonald's has been named the "most hated brand in Britain," but that's not necessarily a bad thing, according to Marketing Magazine, the British title that published a survey of brand-hatred (free, relatively painless registration is required to see it.) "While most brands would rather be loved than...
Grace Cheng submits: Record-breaking downbeat consumer confidence and housing data released today have depressed the US dollar in the currency markets, although the USD remains within recent range against the Euro, Swiss franc, British pound and the Japanese yen. US consumer confidence fell to 50.4 this month, worse than the...
The outlook for print advertising is increasingly grim. Ad pages are down, newsrooms are getting getting slashed, and American Journalism Review's Charles Layton ran an article this month with the cheery headline "Bridging the Abyss: Why a lot of newspapers aren't going to survive," detailing how online ad money will...
You may be sick of hearing the words "toy recall" by now, but this one's a little too scary not to mention. Aqua Dots or Bindeez in Australia, a popular holiday toy distributed by Toronto-based Spin Master Toys, isn't living up to its "toy of the year" status. Unless you classify...
Despite all the red ink and job cuts at the nation's newspapers this decade, no major chain has gone bankrupt -- yet. That may be about to change, however. The Journal Register Co. announced recently that it has retained the investment bank Lazard Freres &. Co. to advise its board...
NEW YORK (Reuters) - Investors in Alcoa Inc AA are expecting a rough quarterly earnings report on Tuesday from the aluminum maker, whose profits are expected to sink nearly 20 percent as escalating energy and other costs take their toll. Aluminum prices should...
The basic social bargain of health insurance -- that we all pay premiums while we're healthy so insurance will cover our costs when we're sick -- has been breaking down for close to two decades. To see how high drug prices are shredding it further, look no further than today's...
What should marketers in a flat lining economy do? It's clear that consumers are going to be watching their wallets a bit closer, and advertisers will have to try harder to pry pocketbooks back open in order to justify their budgets. On Monday, the Times ran a...
By Matt Falloon and Sumeet Desai LONDON (Reuters UK) - Manufacturers hiked prices in June at the fastest annual pace in at least two decades to combat record cost inflation, underlining the dilemma facing the Bank of England as the economy slows but prices jump. Investors...
Part 1 of a series. (See Part 2, "How Mark Wattles Fixes Broken Retailers.") Mark Wattles, the dissident Circuit City shareholder, has gotten almost everything he wanted from management to date. With a $200 million "blank check" stock offering in registration, a track record turning around Hollywood...
By David Milliken BASEL (Reuters) - The world needs higher interest rates to tackle a clear inflation threat, even though economic growth is likely to be hit harder than most observers expect, the Bank for International Settlements said on Monday. The Swiss-based BIS...
