World / Small Business
GM ANNOUNCES DRAMATIC CUTS: General Motors retiree:
15.07.2008 20:17
freep.com
After years of getting generous coverage, retirees from salaried jobs at General Motors Corp. reacted angrily today to the announcement that GM was ending their health benefits.
USA
Small Business
US stocks end slightly lower
15.07.2008 17:20
breakingnews.ie
Wall Street ended a whipsaw day mostly lower today, as fears of escalating instability in the financial sector kept investors on edge despite a steep retreat in oil.
Ireland
Small Business
Lutz on upcoming GM products:
15.07.2008 15:19
freep.com
General Motors is concentrating all its engineering efforts on vehicles it expects to sell in high volumes as it reworks its product line, Vice Chairman Bob Lutz said in an interview today.
USA
Small Business
TOM WALSH: GM fights to stay afloat in sinking economy
15.07.2008 15:19
freep.com
America's economy is in the toilet, and General Motors Corp.'s business is right there with it. Reacting to $4.25-per-gallon gasoline and turmoil in the housing and stock markets, GM rolled out a wave of new cost-cutting steps today.
USA
Small Business
Global crisis continues to trouble ISEQ
15.07.2008 14:19
breakingnews.ie
The Irish stock exchange hasn't escaped the troubles of the US financial sector as bank stocks plummeted in another negative day today.
Ireland
Small Business
US financial fears send FTSE plummeting
15.07.2008 13:20
breakingnews.ie
Fears over the US financial sector sent blue chips more than 2% lower today in another turbulent session for the London market.
Ireland
Small Business
New Dow venture to bring 800 jobs to SE Michigan
15.07.2008 13:20
freep.com
LANSING — An $11-billion joint plastics venture between Dow Chemical Co. and a large Kuwaiti petrochemical company will bring 800 jobs to a new Michigan global headquarters, Gov. Jennifer Granholm announced today.
USA
Small Business
Global demand blamed for rising oil prices
15.07.2008 11:18
breakingnews.ie
Oil prices have been spiralling due to the “inexorable” rise in global demand rather than because of speculators, British MPs were told today.
Ireland
Small Business
Shifting Careers: Overcoming the ‘Sway’ in Professional Life
15.07.2008 11:09
nytimes.com
“Sway” is a provocative new book about the psychological forces that lead us to disregard facts or logic and behave in surprisingly irrational ways.
World
Small Business
Consumer agency slams 17.5% ESB rise
15.07.2008 10:20
breakingnews.ie
The National Consumer Agency has questioned the decision by the Commission for Energy Regulation (CER) to approve an interim ESB price increase for households and businesses of 17.5% effective from August 1.
Ireland
Small Business
Ryanair cuts Dublin routes amid soaring costs
15.07.2008 10:20
breakingnews.ie
Ryanair is to slash its passenger numbers out of Dublin Airport by around half a million this winter, chief executive Michael O’Leary announced today.
Ireland
Small Business
HAPPENING NOW: GM to cut salaried workers, production
15.07.2008 09:18
freep.com
UPDATED AT 9:03 A.M. -- General Motors Corp. this morning announced measures to generate liquidity by $15 billion through 2009. GM Chairman and CEO Rick Wagoner said GM plans to generate $10 billion of cash improvements by the end of 2009 versus original plans.
USA
Small Business
FTSE dives amid fears on US finance system
15.07.2008 08:19
breakingnews.ie
Fears over the US financial sector saw London’s FTSE 100 Index plunge more than 2.7% today, putting it on course for its lowest close since October 2005.
Ireland
Small Business
EC to force reduction in cost of 'roaming' texts
15.07.2008 08:19
breakingnews.ie
The European Commission has announced plans to force mobile-phone firms to reduce the cost of sending text messages while abroad.
Ireland
Small Business
Friends First predicts no economic recovery until 2010
15.07.2008 07:19
breakingnews.ie
Friends First says 2008 and 2009 can be written off as far as the economy is concerned, with no recovery likely until 2010.
Ireland
Small Business
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