UK pig farmers protest plunging pork profits

Many pig farmers marched on Westminster today, as rising feed costs are proving to be hogwash for the pig biz."About 200 pig farmers gathered outside Downing Street earlier to protest against falling pork...

Banks - Fourth-quarter Results Lowest in 16 Years

"   Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported net income of $105.5 billion in 2007, a decline of $39.8 billion (27.4 percent) from the record $145.2 billion that the industry earned in 2006. Although...

Make Big Profits Illegally (and Maybe Keep Them, Too)

"There is not much doubt that Oleksandr Dorozhko used inside information when he made a killing trading stock options last fall. Nor is there a dispute that he gained the information illegally. "

BP to cut 5,000 jobs as profits fall by a fifth

"Profits at BP, the UK's largest company, fell 22 per cent to $17.29 billion (£8.7 billion) last year. The oil giant confirmed it would cut 5,000 jobs and target a 20 per cent reduction in overheads by the middle of next year. Chief Executive Tony Hayward said the...

Financial Times increases circulation while other decline in circulation

EditorsWeblog reports on the Financial Times success with circulation, as other outlets' readership falls. Besides integrating their staff from print and online into a single operatio where all reporters do print and online stories, they use "a uniform commisioning structure"...

England failure 'may hit economy'

"Sports businesses are warning that England's failure to qualify for the Euro 2008 football tournament will hurt their profits next year. England's kit manufacturer Umbro, and the retailer Sports Direct both issued statements warning of the impact of the team's loss to...

The great passport gouge

In a year when U.S. and Canadian citizens were more or less forced to acquire passports en masse, there was very little comfort to be offered for the time and money travelers spent papering up. Hours of lines,...

Wall Street Czars depopulating the World

"Wall Street Czars depopulating the World By 911review | bio Wall Street Czars depopulating the World Thu, 25 Oct 2007 00:48:55 By Afsaneh Ostovar, Press TV, Tehran Leuren Moret Leuren Moret is an American independent scientist and international expert on radiation and public...

Magners cider-maker to slash jobs after poor summer

"Irish brewer C&C, maker of Magners cider, is planning significant job cuts after its profits were decimated by the poor summer weather. The company announced this morning that it would soon unveil a comprehensive restructuring and cost reduction programme, which is...

Vatican buys soccer team, morality in mind

Italian soccer will never be the same.  Players will be punished for foul play;  fans will be forbidden from insulting the opposition;  ticket profits will go to third world projects. "

Sir Philip Green has denied himself a dividend from Bhs

"Retail tycoon Sir Philip Green has denied himself a dividend from his Bhs department store chain for a third year running, despite signs that the chain is beginning to reap the benefits of store upgrades. The company reported a 3% rise in operating profits in the year to...

Poverty Reduction or Pork? WorldBank IMF

"Although less well known as a multilateral government agency than the United Nations, the World Bank still has many of the same problems. The World Bank has remained considerably corrupt, perpetuating inside procurement deals, exorbitant salaries, and fund embezzlement,...

Phone in Scammers ITV see profits plunge like a loggers leap at Disney Land

ITV’s Michael Grade said it would be “foolish” to predict when the publics confidence will return in TV phone-ins as they saw profits from their premium rate lines fall like loggers leap in the first half.Maybe if ITV hadn’t been so...

Overflowing: Heady profits for Molson Coors

I'm happy to say I've done my part to bolster earnings for this company. The merger of Molson and Coors appears to be one of the few successful high profile mergers (in contrast to Daimler Chrysler for example)...

Private Equity Reforms Proposed

"The private equity industry has proposed measures to make it more transparent as it tries to fend off mounting political criticism. A report by Sir David Walker has made recommendations on how firms disclose information and communicate with staff, acknowledging they must "be...

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