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Business News

BBC News | Business | UK Edition
The Bank of England cuts rates to 1.5%, the lowest level in its 315-year history, as it continues efforts to help the economy.
BBC News | Business | UK Edition
Bernard Madoff had $173m in cheques in his office desk, ready to send out at the time of his arrest, US prosecutors say.
BBC News | Business | UK Edition
A US private equity firm is in advanced talks to buy most of iconic china firm Waterford Wedgwood.
BBC News | Business | UK Edition
Tips on surviving the financial crisis, and full coverage of the UK economy
BBC News | Business | UK Edition
US President-elect Barack Obama says that a huge stimulus package is urgently needed to revive the US economy.
BBC News | Business | UK Edition
A holiday company has changed its pricing policy after an investigation by the BBC's Working Lunch programme.
BBC News | Business | UK Edition
The Serious Fraud Office says it is to open an inquiry into Bernard Madoff's business operations in the UK.
BBC News | Business | UK Edition
Carmaker Nissan announces it is to axe about 1,200 jobs, a quarter of the workforce in Sunderland.
BBC News | Business | UK Edition
Commerzbank, Germany's second biggest bank, is to be partly nationalised, with the government taking a 25% stake.
BBC News | Business | UK Edition
US retailers including Wal-Mart saw disappointing sales in the key Christmas trading period, as consumers reined in spending.
BBC News | Business | UK Edition
Bratz dolls are to be allowed to remain on sale during 2009 after a judge gives a reprieve to their manufacturer.
BBC News | Business | UK Edition
Fraudsters are targeting people with scam e-mails in the run-up to the self-assessment tax returns deadline.
BBC News | Business | UK Edition
Unchartered territory for UK interest rates
BBC News | Business | UK Edition
Northern retailer battles the 'Big Four'
BBC News | Business | UK Edition
Lack of lending not rate cuts tops business concern
BBC News | Business | UK Edition
Why it makes sense to charge customers nothing
BBC News | Business | UK Edition
Pensioners worried as rate cuts hit income
BBC News | Business | UK Edition
The rates roulette for savers and borrowers
BBC News | Business | UK Edition
The Czech Republic warns the European Union against borrowing its way out of the global slowdown.
BBC News | Business | UK Edition
Russian PM Vladimir Putin says Moscow will resume pumping gas to Europe, as Ukraine says it will guarantee its transit.
BBC News | Business | UK Edition
The UK arm of the insurance broking group Aon is fined £5.25m for making "suspicious payments" to people and firms overseas.
BBC News | Business | UK Edition
Spain's unemployment total hit a 12-year high in 2008, while jobless numbers in the eurozone rose further in November.
BBC News | Business | UK Edition
Sainsbury's says it has just had its "best ever Christmas performance", with its sales rising 4.5% in the past three months.
BBC News | Business | UK Edition
Computer giant Dell is to shed 1,900 of the 3,000 jobs at its manufacturing site in Limerick in the Irish Republic.
BBC News | Business | UK Edition
Satyam faces an investigation and sees its stock suspended after its boss quit over an accounting scandal.
BBC News | Business | UK Edition
Continental Airlines is the latest to to test-fly a jet biofuel, this time with a product derived partially from algae.
BBC News | Business | UK Edition
The economic downturn is helping to drive record levels of unpaid overtime by workers fearing for their jobs, the TUC claims.
BBC News | Business | UK Edition
Shares in airline Cathay Pacific drop sharply after it warns it could lose $1bn after misjudging the direction of fuel costs.
BBC News | Business | UK Edition
Poor service in hotels and restaurants could cost thousands of jobs in the recession, Britain's tourism chief says.
BBC News | Business | UK Edition
The Japanese central bank is providing banks with emergency loans in a new bid to stimulate its worsening economy.
BBC News | Business | UK Edition
Two large Asian technology firms, TDK and Lenovo, announce a total of 10,500 job cuts after a fall in demand.
BBC News | Business | UK Edition
Councils are taking people to court too quickly if they fall behind with their council tax, the Liberal Democrats claim.
BBC News | Business | UK Edition
Savers will receive compensation within seven days if a bank fails, under proposals from the City watchdog.
BBC News | Business | UK Edition
House prices fell by 15.9% last year, according to the latest survey by the Nationwide building society.
BBC News | Business | UK Edition
Mortgage lenders are continuing to demand larger deposits as they ration home loans to their customers.
BBC News | Business | UK Edition
Oil prices fall sharply as US crude oil stocks soar amid evidence of continuing weakening energy demand by consumers.
BBC News | Business | UK Edition
The pound reaches its highest level against the euro for three weeks, ahead of Thursday's UK interest rates announcement.
BBC News | Business | UK Edition
The Congressional Budget Office says the the federal government deficit will exceed $1 trillion next year, the largest on record.
BBC News | Business | UK Edition
The government denies reports it plans to print more money to help ease Britain's recession but says the tactic cannot be ruled out.
BBC News | Business | UK Edition
The administrators at music, games and DVD retail chain Zavvi say they are closing 22 stores with immediate effect.
BBC News | Business | UK Edition
More than 250 workers are to be made redundant at County Antrim engineering firm FG Wilson, it emerges.
BBC News | Business | UK Edition
Chip maker Intel cuts its fourth-quarter revenue forecast again as spending on computers slows.
BBC News | Business | UK Edition
For the latest business analysis
BBC News | Business | UK Edition
NYT > Business
Arguing that Bernard L. Madoff?s bail should be revoked, prosecutors cited more evidence that he was hiding assets.

NYT > Business
The nation?s retail chains confirmed that they suffered one of the worst holiday seasons in decades.

NYT > Business
Echoing concerns from consumers groups, the recommendation was the most significant sign to date of concern about the digital TV transition.

NYT > Business
Stock markets clipped their losses, turning mixed in the final minutes of trading as investors positioned themselves for Friday?s release of December unemployment numbers.

NYT > Business
A recession could last for years unless a stimulus plan is passed, Barack Obama said on Thursday.

NYT > Business
Under the plan, bankruptcy judges will be allowed to alter home loans in an effort to prevent foreclosures.

NYT > Business
While the Indian outsourcing company Satyam struggles to pay employees, investors prepare to sue its auditor, PricewaterhouseCoopers.

NYT > Business
Palm says the device breaks new ground in the fiercely competitive smartphone market.

NYT > Business
Ukraine balked at last-minute demands from the Russian gas monopoly, frustrating a deal that would have resolved a dispute that has shut off natural gas supplies to Europe.

NYT > Business
Mr. Grey, a former talent manager and producer, has renewed his contract to run Paramount for five more years.

NYT > Business
The Bank of England on Thursday cut its benchmark interest rate by half of a point to try to bolster the deteriorating economy.

NYT > Business
As the global downturn has intensified, Beijing is starting to keep more of its money at home, which could have painful effects for U.S. borrowers.

NYT > Business
The city?s reinvented economy, driven by health care and education, is proving resistant to downturns.

NYT > Business
New claims for unemployment benefits dropped unexpectedly last week, but the number of people continuing to seek aid rose sharply.

NYT > Business
Quest Diagnostics provided possibly erroneous results to thousands of people who had their vitamin D levels tested in the last two years.

NYT > Business
Negative business sentiment, a hard-hit banking system and a global downturn are working their way through Europe with a vengeance.

NYT > Business
The move into commerce by a religious sect that has determinedly kept the modern world at bay has been more out of necessity than desire.

NYT > Business
The Internal Revenue Service?s watchdog agency calls on Congress to ease some tax laws regarding defaults on consumer debt.

NYT > Business
The owner of CNN and Time magazine said that it expected to record a fourth-quarter $25 billion write-down that would lead to an operating loss for the period.

NYT > Business
Chris Matthews, the host of the MSNBC program ?Hardball,? told his staff on Wednesday night that he would not run for the Senate in 2010 in Pennsylvania.

NYT > Business
Nearly everything at the Consumer Electronics Show is a little computer that wants to connect to other computers.

NYT > Business
Intel said that its sales for the fourth quarter would fall short of previously reduced forecasts by about $500 million.

NYT > Business
Wall Street lost nearly all the gains stocks had made since Jan. 1, amid worries of corporate losses and soaring unemployment.

NYT > Business
The Bush administration said Wednesday it would not finish implementing new fuel-economy rules for vehicles, leaving the issue to the incoming Obama administration.

NYT > Business
Resumption of their old operations is no longer an option, the Treasury secretary said.

NYT > Business
Sheila C. Bair will most likely be kept in her job by the Obama administration, two senior advisers to the Obama transition team said on Wednesday.

NYT > Business
Tropicana, the juice brand, is undertaking a major makeover of its advertising, marketing and packaging in a new $35 million ad campaign.

NYT > Business
Wal-Mart Stores named Doug McMillon, the president and chief executive of its Sam?s Club warehouse division, to fill the same roles at its expanding international unit.

NYT > Business
Marks & Spencer is the latest British retailer to be hit by the country?s worst downturn in more than 17 years.

NYT > Business
The F.D.I.C. may have been too soft on the private equity firms buying IndyMac, the failed California-based bank.

NYT > Business
The Lenovo Group, China?s biggest personal-computer maker, will cut about 2,500 jobs, or 11 percent of its work force, amid a worldwide economic slump.

NYT > Business
Bank of America sold part of its holding in China Construction Bank, sending shares in China?s big banks skidding.

NYT > Business
The elderly are less likely to receive follow-up care for mental illness when their out-of-pocket costs are higher than for other medical care.

NYT > Business
Mr. Lee was a reporter and editor for The New York Times who oversaw the expansion of its business coverage during a tumultuous era in the financial world.

NYT > Business
Seventh Avenue hopes Michelle Obama will be the lifeline to revive the fashion industry in a recession.

NYT > Business
Citgo Petroleum Corporation said Wednesday said that it would resume shipments of free oil for about 200,000 low-income Americans.

NYT > Business
China announced a series of measures aimed at helping millions of recent college graduates find work amid the deepening impact of the global financial crisis.

NYT > Business
Thai Airways International will ask Airbus to delay delivery of six A330 planes because its cash is running low after an eight-day shutdown of the country?s main international airport.

NYT > Business
The payments were not an indication of solid corporate performance.

NYT > Business
When every $100 counts, here are a few suggestions for using high-tech gadgetry to save you money.

PRWeb: Business

Splash Media LP, an Emmy Award-winning innovator in eTraining and digital video publishing, has partnered with Wiley to create and produce a library of online training videos for Wiley's For Dummies branded imprint. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1837814.htm

PRWeb: Business

Research indicates the recession is a growth catalyst for Mobile Learning (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/Ambient_Insight/Mobile_Learning/prweb1832714.htm

PRWeb: Business

Strategic Solutions Advisers, LLC has launched a new service for independent business professionals; YourBusinessUmbrella.com provides corporate branding and a corporate umbrella for independent professionals seeking to offer their expertise to organizations while minimizing overhead costs associated with unique organizational structures including marketing materials, contracts, customer relationship management and other service related activities (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/Marketing_Tools/Virtual_Office/prweb1832824.htm

PRWeb: Business

Helps companies answer their most immediate business questions in hours. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/free/trial/prweb1785174.htm

PRWeb: Business

Air Innovations has designed and manufactured one of the largest automated convenience stores in the world on behalf of an international vending business franchise. These deluxe units, called Shop 24 and popular abroad, are now installed at a community college, a shopping center, and an airport. Air Innovations creates specialty HVAC and environmental control solutions for OEMs around the world. The company's focus is on the design, test and manufacture of products that require precise control of temperature, humidity, pressure, and air filtration. These units are used in military, homeland security, R&D, healthcare, electronics, industrial, and retail applications. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1804284.htm

PRWeb: Business

find.com, a growing consumer search engine and directory announced today that it has entered into a strategic partnership to help Travelworm better connect customers to travel deals on the Internet. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1831274.htm

PRWeb: Business

Sessions to Focus on Six Sigma Project Selection, Leadership and Change Management (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/lean_six_sigma/project_tracking_software/prweb1831564.htm

PRWeb: Business

ChartHouse Learning, the people who brought The FISH! Philosophy to organizations worldwide, has announced a new way to energize workplaces. It's FISH! the Musical! FISH! the Musical is a fun, interactive, one-of-a-kind learning experience that combines business with Broadway. It shows the audience how an apathetic, uncooperative, "toxic energy dump" can transform itself into a caring, collaborative, fulfilled team. It is, as we say, a Love (Your Work) Story that reminds us that we all can find joy in serving others, no matter what our job is. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1831774.htm

PRWeb: Business

With the recent volatile swings in commodity prices, soybean farmers need to maximize yields now more than ever. The research and education director of the North Central Soybean Research Program offers suggestions to soybean growers on choosing varieties for the 2009 growing season, to maximize yield and profit potential. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/SoybeanVarieties/soybeans/prweb1833374.htm

PRWeb: Business

Updated Courses Feature Latest Project Management Standards and Cutting-Edge Technology, With New Graphics, Animations, Videos and Case Studies (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1834994.htm

PRWeb: Business

Hotels have been empowered. Empowered to collect every cent generated from their bookings without paying commissions. Empowered to manage their property's profiles and update room rates as deemed necessary. Empowered to increase their online exposure and gain valuable market share. Empowered by AboutAnywhere.com. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/Hotel_Industry/Free_Online_Distribution/prweb1835464.htm

PRWeb: Business

"The Innovator's Prescription" Charts Solutions to Problems of U.S. Health Care System (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/innovation/healthcare/prweb1835634.htm

PRWeb: Business

JETNET LLC has hired Diane Levine-Wilson, the founder and former President of long-time JETNET rival AMSTAT, in a move that should help cement JETNET's position as the industry's premier aviation information resource. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1835754.htm

PRWeb: Business

Romantic Travel Packages and Deals in Europe and the Caribbean (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/romantic-travel/Valentines-Day/prweb1835974.htm

PRWeb: Business

Former Wal-Mart executives, Coleman Peterson and Mel Redman, are teaming up to start an exclusive leadership network based in Bentonville, AR. The "Bentonville Leadership Network" will becommencing on January 20, 2009, with a three day seminar in Bentonville. The Network is attracting top executives from around the country, who can attend one of several upcoming seminars in 2009. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1836164.htm

PRWeb: Business

Leaders from the AEC industry will be discussing their views on how BIM will help shape the industry in 2009. Panelists are joining RCMS from HOK, HNTB, Gilbane Building Company, GSA, Dalpos Architectural Integrators, Freese Construction Company and Function:. The goal of the webinar is to have the panelists present their objective views regarding their real-world application of BIM and the competitive edge they are receiving in this challenging economy. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1837524.htm

PRWeb: Business

Online Community Dedicated to Footwear Fanatics Poised to Grow Marketing Reach, Despite Recent Slowdown in Retail (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/social_media/online_advertising/prweb1838474.htm

PRWeb: Business

March 18-19 session in Orlando, FL will feature strategies and tools that increase member persistency, brand loyalty and plan profitability. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/connextionshealth/Orlando_leadership_summit/prweb1840354.htm

PRWeb: Business

The Travel Franchise Group Once Again Earns #1 Spot in Entrepreneur Magazine; Its Four Brands of Travel Leaders®, Cruise Holidays℠, Results! Travel® and SeaMaster Cruises® Continue Providing Robust Business Opportunities for Travel Entrepreneurs (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/TTFG/Franchise_500/prweb1840814.htm

PRWeb: Business

Michigan-based consultancy releases initial packaged services offerings to address the top technical concerns surrounding advanced PeopleSoft implementations. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1832334.htm

PRWeb: Business

Wave of New Green Jobs Driven by the Power of Internet Marketing Will Result in Much Needed Relief from the Financial Crunch and Record High Rate of Unemployment (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/unemployment/crisis/prweb1789804.htm

PRWeb: Business

Conservatory Outlet, a Yorkshire based manufacturer of conservatories and double glazing is looking to develop the market for orangeries and contemporary conservatories in 2009 (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1830184.htm

PRWeb: Business

YourForexDirectory.com is excited to announce its launch into the Forex trading industry. The sites uniqueness is based upon the completely independent reviews on forex trading systems, brokers and platforms - thus giving readers factual product information. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/forex/trading/prweb1830424.htm

PRWeb: Business

GolfAhoy announces cruise ship stateroom alternative to hotel room accommodations in Vancouver during 2010 Winter Olympic Games. NCL will park the 2,240 passenger Norwegian Star at Vancouver's North Shore under charter arrangement, during the games. Pre and post Olympics golf vacation packages to spectacular Vancouver Island and post Olympic cruise to Pacific Mexican Riviera escorted by PGA Pro Earl Francis. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1831694.htm

PRWeb: Business

Eric Mitchell, President & Founder of the Professional Pricing Society (PPS) announced today that Kevin M. Mitchell will succeed him as the Company's next President & CEO, effective January 15th, 2009. Eric Mitchell, who has led PPS since 1984, will continue to be associated with the company as Founder and Chairman of the Board of Directors. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/PPS/president/prweb1831784.htm

PRWeb: Business

The Poynter Institute's News University (NewsU) and The Online News Association (ONA) will deliver a 2009 webinar series that focus on applying cutting-edge technology innovations to journalism. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1832464.htm

PRWeb: Business

Hoover's, Inc. and its parent company D&B (NYSE: DNB), the leading provider of global business information, tools and commercial insight, today launched new mobile applications at the annual Consumer Electronics Show (CES). (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/mobile_applications/mobile_apps/prweb1832904.htm

PRWeb: Business

VABION LLC is donating up to 5% of its profits from a new Obama-inspired product to nonprofit VolunteerMatch, the nation's premier volunteer network organization. O-BAM-AAH! Energy Stix™, planned for launch later this month, will create a new "positive energy" position in the energy products category. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1833794.htm

PRWeb: Business

Debt Free League partners with author Victor N. Chevalier to provide free debt elimination book that educates consumers and small businesses on how to avoid bankruptcy through little known, highly-effective debt reduction solutions. The joint venture also seeks to identify how the debt settlement debt management procedure excels over bankruptcy, consolidation, and credit counseling. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1834184.htm

PRWeb: Business

Cybertegic, an Internet Marketing and Search Engine Optimization Services (SEO) company, adds AffordableLED.com to its long list of successfully optimized clients in the top pages of Google and Yahoo under the keywords "led sign" and "led sign wholesale". (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/seo/services/prweb1835384.htm

PRWeb: Business

Communicaid is the leading culture training and language course provider in Europe. Recently it wins a prestigious contract with European Commission for language training courses (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1835444.htm

PRWeb: Business

DealerLink, the industry's leading provider of exclusive special finance leads and auto sales leads, recently announced the launch of its newest product, Guaranteed Credit Scored Leads. This exciting and innovative new product is offered to dealers as two programs, Gold and Platinum. The Gold Program provides leads with guaranteed credit scores between 530 and 599, a range determined after examining the lending criteria of mainstream sources for subprime financing across the nation. The Platinum Program offers leads with guaranteed scores between 600 and 850. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/autoleads/carsalesleads/prweb1835484.htm

PRWeb: Business

etouches® publicly announces today the newest addition to the suite, eHome. With eHome, users can build a customizable, tabbed micro-site to display information about their event, sessions, venue and more. eHome's introduction to etouches® provides a centralized solution for event registration, information, promotion, and payment without any HTML knowledge with full flow-through from their event registration module, eReg. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/event-registration/etouches/prweb1836014.htm

PRWeb: Business

RANsquawk today announced that the planned release of their new retail player will be brought forward from Q3 2009 to Q1 2009. The upgrade will house increased audio market content as well as offering additional methods of analysis delivery to their existing and potential client base. This represents a recognition of a new wave of demand from the retail sector in the marketplace. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/ransquawk/2009/prweb1836544.htm

PRWeb: Business

New station saves time and labor by cutting conventional 3-step soldering process to one simple step (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/Mueller/Newark/prweb1837434.htm

PRWeb: Business

Customized Interface Gives Users the Control to Create a More Personalized and Productive Computing Experience. Lenovo selects the DDNi OASIS 2.0 platform for future consumer-focused IdeaPad laptops and IdeaCentre desktops. The OASIS 2.0 platform will provide consumers with a customized experience that simplifies, organizes and makes navigating the PC easier. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/DDNi/Lenovo/prweb1837774.htm

PRWeb: Business

Apogee Search, a leading search engine marketing firm, announces its official certification as a Google Website Optimizer™ Authorized Consultant (WOAC). (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/Apogee_Search/WOAC/prweb1837904.htm

PRWeb: Business

Business consulting company Gray Matters Group publishes new white paper on ground-breaking Relationship Xpansion® method for generating new business and increasing profits in professional services companies through training and activation of technical delivery professionals. A free copy of the white paper is available at http://www.graymattersgroup.com/whitepaper. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1837944.htm

PRWeb: Business

Speakers and trainers can receive many opportunities to build their businesses and platforms if they are selected to join the faculty of iLearningGlobal.tv, a new company specializing in distance learning on subjects related to personal development and growth. The company provides training materials for entrepreneurs, small business owners, sales people and other professionals. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/iLearningGlobal/speakers/prweb1838504.htm

PRWeb: Business

Home Buyers in Minnesota and western Wisconsin get access to real estate information on-the-go with mobile technology from CellSigns. The new mobile services allow users to get text messages with property information along with photos and detailed descriptions. (PRWeb Jan 8, 2009)

Read the full story at http://www.prweb.com/releases/Mobile_Marketing/Real_Estate_Marketing/prweb1838804.htm

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