U.S. Economy Shrinks Less Than Expected
The U.S. economy sank at a pace of just 1 percent in the second quarter of the year, the Commerce Department reported Friday, in a better-than-expected showing that the recession could be winding down.
Could the Government Limit the Number of Layoffs a Profitable Company Could Make?
Question: Obama and Geithner said they would act aggressively to fix the economy. So, why hasn’t the administration limited the number of employees that profitable companies may lay off? That could help significantly by keeping the unemployment rate down, partially…
Chrysler Looks to Slim Down Dealership Network
Embattled automaker Chrysler wants to shutter about 25 percent of its 3,200 U.S. dealerships by next month, stating in a bankruptcy court filing Thursday that the network is antiquated and has too many stores competing with each other.
Jobs Reports Shows Layoff Pace Slowed in April
The pace of layoffs slowed in April as employers cut 539,000 jobs, the fewest in six months, according to a Labor Department report released Friday. But the unemployment rate climbed to 8.9 percent, the highest since late 1983.
Question: For nearly 150 years, Anheuser-Busch was locally owned here in St. Louis. Now, it’s owned by someone in Belgium. Does this really mean anything for St. Louis beyond those who work for Anheuser-Busch/InBev? Paul Solman: It certainly might. A…
Question/Comment: Is there a possibility that you would do a piece on the Brandeis decision to close the Rose Art Museum and sell the collection? I know you’re a graduate, as I am. It strikes me a bad decision…
The California Assembly approved the state's long-awaited budget, sending the package to Gov. Arnold Schwarzenegger after several all-night sessions and political concessions.
Nine weeks after automakers made their first plea to Congress for emergency aid, General Motors and Chrysler submitted new restructuring strategies and requests for additional federal funds that could bring the government's total tab to $39 billion.
Question/Comment: The Independent mentions that the United Kingdom might move to a three day work week. While some companies have resorted to this kind of solution, most have not. Would this kind of measure be of any help if…
