World / Small Business
Ford spurns US for plant in Mexico
31.05.2008 13:28
breakingnews.ie
Car giant Ford plans to build its new Fiesta supermini for the US at a factory near Mexico City, in a blow to American car workers.
Ireland
Small Business
Cowen calls for common sense in SR Technics row
31.05.2008 10:18
breakingnews.ie
The Taoiseach says he hopes that common sense will prevail in the row at SR Technics.
Ireland
Small Business
SIPTU "cannot accept" SR-Techincs future in jeopardy
31.05.2008 04:28
breakingnews.ie
SIPTU has said it cannot accept that the future of the aircraft maintenance company SR-Technics is in jeopardy.
Ireland
Small Business
Greektown files for bankruptcy
31.05.2008 03:31
freep.com
For a year, Greektown Casino's flagging finances faced scrutiny from state regulators as owners pleaded for leniency and promised they would be able to meet obligations. It became clear Friday that they cannot.
USA
Small Business
Ford stock bid stands
31.05.2008 03:31
freep.com
Billionaire Kirk Kerkorian's investment firm, Tracinda Corp., announced Friday that it is still interesting in buying 20 million shares of Ford Motor Co. at $8.50 a piece, even though the share price has fallen below $7. Shares of Ford gained 9 cents, or 1.3%, Friday to close at $6.80.
USA
Small Business
WAYNE ASSEMBLY PLANT TOUR: Ford Focus triumph lauded ahead of cuts
31.05.2008 03:30
freep.com
During a Friday visit to the Wayne Assembly Plant, where workers are cranking out hot-selling Ford Focus compact cars, Joe Hinrichs, Ford Motor Co.'s group vice president for global manufacturing, said the company would begin expanding buyouts to select factories in the next few months in the face of a worsening U.S. economy.
USA
Small Business
Personal incomes boosted
31.05.2008 03:30
freep.com
WASHINGTON -- The first round of economic stimulus checks gave a boost to personal incomes in April, but a huge question remains: Will people spend the checks quickly enough to keep the economy afloat? The Commerce Department reported Friday that consumer spending barely budged in April, rising a tiny 0.2%, and income growth was just as weak, increasing a similar 0.2%.
USA
Small Business
SUSAN TOMPOR: Brokered CDs may not be covered if bank fails
31.05.2008 03:30
freep.com
Putting money into an FDIC-insured certificate of deposit called a brokered CD could seem like a no-brainer. It's insured after all, right? But some savers found unsettling hurdles with so-called brokered CDs issued through one distressed Arkansas bank that brought in money from savers nationwide.
USA
Small Business
Key events in Greektown Casino's history
31.05.2008 03:30
freep.com
Nov. 10, 2000: Greektown Casino opens its temporary casino, the last of three to start up in Detroit. Its revenues have consistently fallen behind those of MGM Grand Detroit and MotorCity.
USA
Small Business
Detroit still viewed as hot spot
31.05.2008 03:30
freep.com
Greektown Casino's bankruptcy filing is the latest bad news to hit the slumping gaming industry, but industry experts predict that the Detroit market can continue to support three casinos.
USA
Small Business
Business news briefs
31.05.2008 03:30
freep.com
Continental Airlines Inc. said Friday it is considering new alliance partners and may pull out of the SkyTeam alliance with Delta, Northwest and Air France/KLM.
USA
Small Business
Quick hit: Business
31.05.2008 03:30
freep.com
AT THE PUMP: Americans' record $4-a-gallon gas remains a bargain for European motorists. In Germany, for instance, a gallon cost $8.33 Friday. In Norway, it was $9.69.
USA
Small Business
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