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BC arts supporters to protest against massive cuts
Supporters of the arts in British Columbia are in shock following massive cuts. Many of the programs supported by the Province have already been promised money and are now having to assume the debt arising... Hudson pilot warning on pay cuts
The pilot of a plane that ditched into the Hudson River in New York has told a US Congress committee that pay cuts are hurting airline recruitment." Capt Chesley "Sully" Sullenberger said his own pay had been cut...NCsoft confirms new layoffs
It is so said, that some well known companies have stuff not going well. The NCSoft, famous for the MMO games like Guild Wars and Lineage series, Tabula Rasa, City of Heroes and Villians, Auto Assault, Aion, has... Budget cuts force Bronx Zoo to 'fire' some animals
In yet another round of layoffs, budget cuts at the Bronx Zoo means that they are losing vital state funding for their exhibits - about $9.1 million to all the New York area zoos, aquariums and botanical gardens,... US Fed Cuts Rates Near Zero to Battle Slump, Dow Surges 4%
After failing to bring momentum in the economy despite several interest rate cuts and slew of other economic stimulus measures, the US central bank heralded further unconventional measures to support the... Storm Cuts Power to 1.25 Million Customers, New York, New England
1 million Homes without ElectricityA powerful snow and ice storm knocked out power to nearly 1 million homes and businesses across New York and New England on Friday, closing roads and forcing the state of Maine to... Crude Oil below $25 - Prediction
According to predictions from Merrill Lynch & Co. crude oil is expected to drop below $25 a barrel. Definetly news which oil/energy companies are not going to be very happy about. What do you think about... Many Britons to enter 2009 with no jobs
As US recession spreads all over, UK would see its unemployment figures increase. This time, car maker Aston Martin announced a reduction of 600 jobs. "Halfords will also slash 250 jobs " "Food and soap... Fire in job Market : ArcelorMittal going to cut 9000 jobs
The job market firinig is on, the latest victim are 9000 employees of worlds largest steel prodcing company.The slowing demand and worsy ever financial situation in a decade is making the cost cutting one of the... CTV cuts more than 100 staff
"CTV is cutting about 105 positions including at least three on-air news personnel as part of a previously announced plan to tighten its operations to cope with a slumping economy.The changes primarily affect the... Israeli world first: Surgeons weld wounds shut with surgical laser
This is a first in the world. An opportunity to seal incisions using a new method that discourages infection by its application and procedure."Surgeons of the future may have to learn welding rather than sewing,...Inflation falls at record pace to 4.5%
As the value of the pound outside of the UK sinks, it appears that inflation within the country is falling as well. Inflation in th eUk fell at a record pace in October, data released today shows."Inflation tumbled at a record pace in October to 4.5 per cent, down from the... Citigroup to announce job cuts of up to 50,000: CNBC
Job market is engulfed in fire, and latest victim is city group employees.According to city group CEO Mr. Pandit, company is going to say goodbye to 50000 employee worldwide." Citigroup Inc CEO Pandit will... CanWest slashes 5% of work force
The other shoe drops..."TORONTO — CanWest Global Communications Corp. is cutting 560 jobs, or 5 per cent of its work force, as the Winnipeg-based broadcaster and publisher streamlines operations. The company... We can kick start the economy with cash, Brown urges world leaders
UK prime minister Gordon Brown is making the case that Britain will have to undertake a stimulus package similiar to that being proposed in other countries in order to revive the economy. But so far, the specifics of how this would be done haven't been desctribed. Brown could...
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