Business and the Economy threads in Grassroots Information Coordination Center (GICC)

Business and the Economy Threads

GDP Rises An Anemic 0.7 Percent
UK Economy Stalls
U.S.: home mortgage refinancing madness (WSJ)
Santa Monica, Calif., Moves to Adopt First 'Living Wage' Law for Businesses
U.S.: overview of telecomm crash and its effects (WSJ)
U.S.: Fed rate cuts hurt more than they help
Brazil Braces for Argentine Default
Important - Exporting NON-manufacturing jobs - AMEX
Hynix Semi to suspend prod at OR plant
Belt Tightening Seen as Threat to the Economy
Junk bond default rate hits 10 pct
NV: May gaming slides again in northern Nevada
World: New Data Deepen Fear of Global Recession
Argentina's Woes Ripple Across Latin America
Bankruptcy due to high NG prices and strong dollar
U.S.: Fed reports 5% increase in household debt
401(k) Accounts Are Losing Money for the First Time
Broad Job Losses Last Month Show Slump Is Lingering
Warner Bros. Stores to Shut by October
Weak Manufacturing Drives Jobless Rate to 4.5%
Double Trouble For U.S. Economy
Government Made Error in Calculating Consumer Spending in May--Revised downward by 40%
U.S.: Telecom Slump & Real Estate (LA Times)
Netherlands: Edge of "Stagflation"
OK: A modern Ponzi scheme (NY Times)
U.S.: Manufacturing & Consumer Data Signal Recovery [?]
Book Returns Rise, Signaling a Downturn in the Market
Big chain closure
Closing plant open since 1928
Another manufacturer moves to china
Cheaper to buy ammonia than manufacture
Not a Dot-Com But It Fell Like One
Delta Grounds Planes Amid Slowing Economy
Greenspan is Worried About Economy & Energy
Wall St. layoffs to slice Big Apple's economy
Firestone Closing Decatur Plant
U.S. REP. LAMAR SMITH: Immigration policy to blame for stagnant wages
Merrill slashes revenue and earnings forecasts
U.S.: The Fed's Magic Tonic Isn't Working (NY Post)
U.S.: America's shop-floor woes persist
U.S.: People shifting debts onto house mortgage
U.S.: Treasury Secretary Sees 'Golden Age'
Fuzzy accounting raises flags
German Business Confidence Slumps (the R word)
UK?: Drug Giant Warns of Lower Profits
NBER: Recession May Be Under Way
India: suicides amid stock market madness
Trucking industry (and Economy) Faces World of Woes
Workers staying unemployed
Mexico: El presidente Fox uses the "R" word
U.S.: Greenspan says economy produced more bad loans
U.S.: another article on soaring personal debt
ScottishPower blow to 600 jobs
Washington: Manufacturing activity fell sharply in May...
Nortel: another negative report
US, Japan, Europe: "spreading gloom"
Dot-Com Bust Creating More Homeless
Factories, Mines & Utilities - Lowest rate of capacity in 17 yrs
U.S.: Economy Barely Grown; Weakness in Every Sector
California Becomes World's Fifth Largest Economy
Xerox will discontinue its line of personal inkjet and xerographic products
Copper, Gives Lessons on Economy
Another plant being moved overseas
Staar Surgical Recalls Lens in Packaging Flaw
Need help with conflict in information.
Georgia Pacific Closes Some Gypsum Plants
Investors sidestep Calif. woes to buy $1 bln bonds
U.S.: More Falling Behind on Mortgage (NY Times)
NYSE shut down because of System Problems
Japan on brink of recession
More plant closings by Russell Corp
Machine tool company moves to Romania
Productivity Posts Big Decline
California responsible for 13 pct of total US output
Exodus from Silicon Valley
Repossessions Rise as Textile Firms Unravel
Economic downturn makes California gloomy
U.S. jobless claims continue to rise
France sees US coming in for hard landing
Fed-California could enter recession due to energy
Auctioneers Drowning in Liquidating Dotcoms
High PEs for Tech Stocks Still a Concern
It's the Final Bell for the Pacific Exchange
Companies warn of fiscal chaos from rolling blackouts
Dark Cloud Over Economy
Greenspan, warns of "considerable uncertainties"
Weakening Economy Hurts Home Sales
Consumer & Business Bankruptcies on the rise
Recession May Have Begun --Research Firm
Sales of SUVs hit bump
Dollar bubble about to burst
Canadian Firms That Pay No Taxes
U.S.: Credit Card Debt Increases
Insurance Bankruptcy hits Australian economy
Analyzing Globalization
Britain's trade deficit worst since 1697
For workers, sky-high dreams collapse with economy
High Tech recession settling in
Like a moth to a flame
Silicon Valley slipping into worst recession since early '90s
Casual Male - Chapter 11 (590 stores)
Canada's Inflation Rate at Ten-Year High
For the press too, a fall from the hypes
Corporate Obfuscation: Perverted Language, Buried Facts
So the Fed has cut rates again — now what?
Fed Cuts Rate A Half-Point
Industrial output off; economy slumping
The Fed :" Damned if you do, damned if you don't"
Gasoline, food costs help drive wholesale prices higher
WA Group Files for Bankruptcy Protection
US: Bankruptcies Surge
Asia: Corporate defaults increasing
AZ Purchasing Index decline in April
Germany: Economic Slump
Business Forecasters: Recession Unlikely
Bush sounds alert on threat of looming US recession
Stagflation-Greenspan still doesn't get it
Drive to recruit from world's work force is strong
Indian High-Tech Workers Heading Home as US Economy Slows
Office landlords desperate for tenants
Ottawa: Economic State Waits on Jobless Reports
Dennis Parker once dismissed the talents of old timers. He learned his
GE Capital seizes mill, closes doors
Ford To Idle Two Northeast Ohio Plants
Nation's job loss biggest in decade
Tech execs, economists concerned for U.S., Calif
AOL Time Warner to seek international dominance
U.S.: Jobs Situation Signals Tough Times Loom
CO: More filing as bankrupt
Y2K, the Jo Anne Effect, and Year End Audits
Toronto: Charge for Online News
The Economy You Just Woke Up To
Debt Plus Jobless Rise Spells Trouble
Corner Car sales
IMF predicts slower global growth
FL-se, More folks waiting for the Bus
Merchants abandoning Area
More Cisco Problems, a Veep alleged to embezzle meg$
Americans tightening their purses
U.S. Garment industry becoming extinct
Sovereign Corporations
Did Fed Hit the Brakes Too Hard, Too Late?
UK: Fears for Ericsson Jobs
Exc Primer on Big Debt for Lucent & Others
U.S. Tech Wreck Spreads to Europe
Accenture Ltd., formerly Anderson Consulting
Quebec City: Centre Sealed for FTAA Summit
Telecom Companies' Woes Causing Static For Suppliers
Nortel again
Global Economy Faces Biggest Challenges Since the Mid-70s Oil Crisis
Whirlpool still suffering from Y2K c lout
Intel net income drops more than 80%
Newfoundland High-Tech Industry Gives Warning
What economic slowdown?
U.S. beef lovers feeling the effects of cattle diseases striking Europe
Economic Mirages
U.S.: Official Jobs Numbers Grossly Understate Real Horror
America is borrowing trouble (by Nobel-prize winners)
NBC is shutting down NBC-Internet
The China Crisis -- the Radar Screen Blip May Linger
Gloom blankets San Francisco
Violence Erupts at Americas Trade Meet
Lucent Denies Bankruptcy Rumors
Millions Face Gas Cutoffs
NASD Regulation Fines Banc One
UT: Securities Officials to Review Questionable Broker Licenses
World Currencies Take Beating
Slowing U.S. economy saps corporate profits
U.S.: Overview of layoffs, economy (Int'l Herald Tribune)
CyberWorks Shares Plunge on Bigger-Than-Expected Loss
Mitsubishi Motors sees record loss
Drug emporium files for Chapter 11 bankruptcy protection
Silicon Valley money supply dries up
Into the Great Unknown
CA-the economy is going the way of the electricity
Boeing moving corporate headquarters out of Seattle
U.S.: Boeing to move headquarters from Seattle
US stock market slide: a turning point in American and world politics
Asian Markets Fall
Rah-rah CNBC had the suckers going for a ride
U.S.: Stock Slide Sinks Hopes in Industrial City (York, PA)
U.S.: climb in delinquent personal debt
European Markets Head South
Euro Falls Below $.90
High-Yield Bond Defaults Will Surpass $20 Billion in First Quarter, Highest Level of Defaults in History
China Downplays Rising Debt
U.S. trade gap sets record
Japan: Yen up on bank foreign asset repatriation rumours
Lehman Brothers banking analyst:"We also cannot rule out the possibility of a run on a (Japanese) bank
Japan: Sanwa Bank, Partners, to Write Off 1 Trillion Yen of Bad Loans
The Ma and Pa Kettle Depression
Japan sets up task force to discuss stock market, bad loans
NY Times: link between U.S. and Japan economic woes
Australia: Nervous consumers lack confidence
Top Nortel Exec To Take Medical Leave - 1997 stabbing wound
India: Scandal Rattles Investors
Australia: Survey Points to Recession
U.S. economy will feel Japan’s pain
A step closer to another Far East meltdown
Japan: deflation blocks hope for recovery
Japan's Impending Debt Explosion
Australian economy reeling as dollar hits all-time low
Aussie dollar at all-time low
Batten down the hatches: Japanese economic woes leave Australia perilously exposed
US Freightways Cuts Spending, Workforce
US growth slows to a crawl
U.S.: blight of big-box retail (essay on faltering economy)
Yahoo Warns on Earnings; CEO to Step Down
US growth slows to a crawl
Canada: Employers Seeking Fewer Workers
Best Place I've Found for Global Economic News
U.S.: January Existing Home Sales Revised Higher (data error)
Worst may not be over, some investors say
Dot-commers beginning to give up pioneering spirit
Russia: World Bank to Provide $500 Million Loan
Teachers shortage?
Japan Feeling Economic Blues
China: the next stock market bubble
Consumer confidence
Economy slows to weakest growth in more than five years
Triple Threat For The Economy
'Boon' of low wages isn't cost-free
IT Labor Shortage: A Myth?
eToys to File for Bankruptcy
U.S.: mysterious accounting errors at IBP food unit
Japan: Mazda Cutbacks
A profitable business: Tech-worker imports
Baltimore: Frank's Nursery Files for Bankruptcy
Philadelphia: Slowdown Raises Demand for Bankruptcy Lawyers
Japan Loses Blue Chip Status
Japan: Sailing into rough weather
Mitsubishi Reductions
Tech magazines face tough times as advertising plunges
Police in Philippines seize billions in counterfeit U.S. bonds
Producer Prices Skyrocket in January
Nortel Issues Major Profit Warning; Accelerates Job Cuts
'Recession may undermine Japan's role'
Indiana: Manufacturing Town Broods Over Economic Slowdown
Economic dip in U.S. could spur global woes
GM to terminate sales of Saturn in Japan--Ongoing recession blamed
Corporate Accounting Woes Raise Red Flags
USA Today: Debt smothers America's youth
Seoul: Daewoo Temporarily Closes Assembly Lines
Lucent Credit Ratings Cut to Near Junk
World's largest chip maker asks employees to take Fridays off without pay
Japan: "In Stagnant Japan, Economic and Social Ills Match"
Economy May Avert Hard Landing After All
Other states try to woo power-starved Calif. businesses
Air Canada: Fuel Prices Lead to Losses
U.S. manufacturing in recession; economy falters
Sega Ends Game Console Production
Ottawa: JDS Uniphase Denies Jobs to be Outsourced Overseas
Fears grow of US recession
London: ING Barings Axe Falls
Europe's Web Firms Keep Burning Cash
U.S.: Fewer problems w/ shopping online in 2000
Ohio: Parts shortage at SUV auto plant
Michigan town's pain signals hard times
THE UNDERESTIMATED RECESSION WILL BE LONG AND SEVERE
US: Durables Up, Shipments Off in Late 2000
Ericsson Gives Up on Making Mobile Phones
U.S.: Sunbeam May Lose NYSE Status (Y2K preppers blamed!)
Texaco to Move Headquarters if Takeover Approved
America's millennium hangover
Whirlpool shutdown expected to skip city
Loews to close 112 theaters in U.S. and Canada
J.C. Penney to close 50 department stores
UK: Fresh Sales Slump at M & S
Commentary: Malls and Halogen Lamps
Cold Winter Could Put U.S. Economy on Ice
Nova Scotia: Save Our Jobs
Russia's Dept Payment Problems are Temporary
UK: Lab Firm in Crucial Survival Talks
U.S.: Mid-Atlantic Manufacturing Collapses
U.S.: Many Sense Good Times Slipping Away
Chiquita Brands Shares Plunge as It Halts Payments on Debt
Now, 3 Bears: Weak Dollar, Trade Gap and Inflation
Nations Urged on US Dollar Reliance
World: IMF Lowers US Growth Forecast for this year
Recession dissent
Nokia sales prompt telecoms slump
Firms Say Economy Grinding to Halt
Were in a Recession........so says Morgan Stanley
U.S. Retail, Manufacturing Suffer
Barron's Report: Third of Web Companies Endangered
Britain: Llanwern Steelworks "set to close"
Auto Parts Maker to idle plant one week
US rate cut - planned or panic?
Layoff list - yet again
Bank of America shares halted for news
Canada: consumer mood swing affects economy
US: News Corp to axe 200 web workers
US: Another interest rate cut
GM to idle 8 production plants to reduce inventory
Xerox moving some production to Mexico Job Cuts
Sears to close 89 stores, take charges
In the Phoenix metropolitan area:
U.S. Corporate Earnings Shortfalls Seen at Record in Fourth Qtr
Sears to close 89 under-performing stores
Slump fear as US cuts rates
Manufacturing Lowest in Almost 10 Years
Panama Hurting Economically One Year After Canal Handover
Level of debt seen as major economic concern in 2001
Is it too late for the tax-cut cure?
Site that tracks dot.com layoffs
LTV files for Chap. 11
US slowdown to affect UK economy
UK: FTSE sees red over 2000
Digital Broadband Communications files for bankruptcy
Companies Quietly Use Mergers and Spinoffs To Cut Worker Benefits
Late Xmas Rush Not Enough for Retailers
Fresh recession woes threatens Japan's optimism
Help locating News Item
Auto Industry Moves Into Slowdown Lane
Home Depot 10% sale, is this nationwide?
Alberta's Boom Has Dark Side
US: Stocks Crumble as Corporate Profits Dim
If you believe in miracles ...
Indian banks facing solvency crisis
High-tech company has accounting "errors, discrepancies"
GM to drop 20 percent of current models
Report: Chrysler To Lose $1.25B
Nine Korean Credit Unions in Japan Declared Insolvent
Profit Warnings Hit Hard
Gloom in Japan as yen falls
Global Economic Slowdown?
Japan: Bankruptcies rise 22.7% over last year
Economic Slowing Apparent in Corporate America
Ottawa: Inflation Rate Rises
Retail sales see surprising drop
Whirlpool to Cut Up to 6,300 Jobs
Working poor descend on food banks, other relief agencies
A&P supermarket chain faces bankruptcy: computer woes cited as contributing to problems
As larger US companies file for bankruptcy, the economy is preparing for a harder landing than expected
Report Predicts Recession: Analyst sees layoffs, softening real estate
UK Inflation Rises
Latest Holiday Sales a Lump of Coal for Retailers
Japan: Retail Sales Hurt
Factory Shutdown blamed on Y2K bug
Korean economy making hard landing
Sixth-Largest Pager Company Declares Bankruptcy and Closes
LA Times: Cooling U.S. Economy Spells Trouble for Asia
An OMINOUS week
After years of good times, worries about economy grow
Bankruptcy Pace for Individuals Is Accelerating as Rates Increase
AU: Slowing down ... but that's as bad as it gets
'A storm is brewing' as auto sales skid
Financial and Stock Market Analysis:The Return on U.S. Assets
International Herald Tribune: Economic Signs Point To a Global Slowdown
After Six Rate Hikes, Big Oil Surge, Is U.S. Economy Finally Rolling Over?
CA: Bad Credit Reference Took a Year to Expunge
Weak Aussie dollar fuels $26b debt blow-out
Rapid slowdown for US economy
Danger signals as Japan comes clean--leading analyst predicts wholesale bankruptcy of banks on April 1, 2001
Yen Approaches 18-Month Low on Concern Japan's Economy Stalling
New data show air keeps hissing out of U.S. growth
AU: Forex trade down 17pc last year
S. Korean economic woes raise ghost of Asian crisis
More bankruptcies feared in Japan
Israel: Unemployment Reaches Unprecedented Numbers
AHT Announces BioShield Defaults On Asset Purchase Agreement
Japan supermarket in crisis
$A buying fails to cheer pessimists
U.S. May Help Buy Euros
Asia Watch: Technology stocks brace for frosty Christmas
Corporate bond market fading fast--Returns start to resemble those in years of recessions
Daimler-Chrysler to Idle Three N. American Plants
Bad debts hitting Japanese banks
Aussie Dollar nears 50˘ but 'no need to panic'
Walker Digital, the incubator that gave birth to Priceline.com is struggling to stay alive.
THE PARTY ECONOMY IS OVER
Visa work a passport to growth for law firms
The Australian dollar is peering into a black hole
Australian Dollar Falls to Record
Korea: CHO HUNG BANK'S COMPUTER SYSTEM BRIEFLY SUSPENDED
U.S. Sept. Trade Gap Widens to Record $34.3 Billion as Energy Prices Surge
German minister in call for gold euro
Korea: Analysts warn Hyundai's W1 tril. self-rescue package not enough
Korea: Daewoo subcontractors face mass bankruptcies
Taiwan authorities urged to prevent possible financial crisis--banks struggle to recoup loans amid dwindling equity markets
United Leads as Airlines Raise Some Fares Up to $200
Jitters over new intervention as euro bounces
BANKRUPTCY EPIDEMIC ON HORIZON
SA: Spescom's Showing A Blow To Investors
Hints of a Hard U.S. Economic Landing
Junk-Bond Funds Face Growing Risk of Telecom and Tech Defaults
Mitsubishi President says Australia plants may be closed, idling 20,000 workers
Concerns about Bank's problem loans lead Asian Stocks Down
Sunbeam starts domino chain reaction
AMF Bowling, Inc. considering bankruptcy
WA: Error forces change in Potlatch earnings
Fuel Costs Hurt Retailers' Profits
Banks are facing increased risk from real estate loans, Federal Deposit Insurance Corp. Chairwoman Donna Tanoue warned Tuesday
ICG files for Chapter 11 bankruptcy--Debt, operational difficulties sink communications company
First Union Bank Stock Hit by Bad Loan Fears
Bank of America Sees 4th-Qtr Bad Loan Write-Offs Doubling
Hershey Foods Corp. Seeks New CEO
$A down after euro slide
Mitsubishi H1 net loss doubles at $701m
Korea: Hyundai Faces Bankruptcy Deadline
Australia Fraudsters milk ATMs of $2.5m
IMF Ready To Help Argentina Avert Crisis
Lernout States It Had BErrorsB In Accounting
Euro Declines as the ECB Refrains From Buying More Currency
Too Much Debt for Pillowtex
Lucent to revamp management, cut up to 10,000 jobs
Wholesale Prices Up 0.4 Percent, Twice Analyst s Expectations
Korea: Daewoo Bankruptcy May Result in Ripple Effect, Causing Additional Insolvencies
Federated Posts Huge Loss
Korea: Daewoo Motor Declared Bankrupt After Union Talks Fail
The Chaos at the Core of Prosperity
Euro Softens in Central Bank's Absence
Editorial comment: Emerging problems
ECB intervenes again to stabilise euro
Y2K hangover: Champagne sales hurt this year
South Korean strike threat
Third intervention to boost euro
Japanese city banks write off $10.1 billion in loans
Korea: Daewoo Motor May Face Bankruptcy, Creditor Bank Says
Korea: Banks brand 62 firms as nonviable-Decision on Hyundai Construction delayed
Analysis: NAPM a Worrisome Warning on Technology--"A Growth Recession"
BBC: Some nasty developments on the horizon for eurozone economies
Programmer's Paradise, Inc. Reports
Beverly Enterprises posts net loss in quarter
Globeset faces cash crisis
Lots of Red Ink Seen for Airlines 4Q
The Shrinking Growth Premium
Germany's top banker threatens intervention to prop up euro
Is the Dollar Finally in Trouble?
The Forgotten Deficit
Global money-laundering attack
Consumer Confidence Drops Sharply
Euro Bears Gloat, Bounce Goes Begging
Australian Dollar Falls as Slowing U.S. Growth Weighed
The Euro in Crisis, and Words Fail Its Guardian
October 29, 1929: The Great Depression Begins
$A fractionally stronger after fall to record lows
Global: Flash Points: Nasdaq, the Euro, and Oil
DaimlerChrysler Earnings Tumble
Euro drags A$ into its black hole
Euro hits new low against dollar-again
R.H. Donnelley reports
A$ flounders as euro slides
Euro falls to new record low
Funding fears add currency to doubts on the US dollar
Debt in crisis as banks put up shutters
Bad news for Dot.coms and the building industry
Asian currencies falter amid gloomy outlook
South Korea warned of financial market turbulence
Fed plays spin doctor to soothe investors Bankers
Europe: Banks warned to monitor telecom debt--Billions on the line (two stories)
Zimbabwe: Economic Crisis Prompts Food Shortage Worries
Australia: Buy now because you won't be able to afford it soon
Plunge Protection
Bank of Scotland sorry for cash machine failure
Canada: Inflation Cllimbs
Another Major Japanese Life Insurance Company Files For Bankruptcy
Diving A$ hurting consumers
Euro hits fresh lows as US shares see-saw
Capital flight threatens to weaken dollar
That Y2K Bug Ain't Dead Yet
Soaring Energy Pushes Consumer Inflation Up 0.5 Percent in September
Fluctuating currencies cost Mazda one billion US dollars in 2 years
Capital flight threatens to weaken dollar
Problem loans hit Bank of America
Japan bankruptcies to reach new levels--one of highest ever
HITIC of China defaults on 28.5 Billion Yen in "Samuri" Bonds
Euro plunges
A$ breaks two further record lows
Wall Street Journal: Six Myths That Drove
Specter of U.S. recession rises
South Africa: Reserve Bank Signals Rate Hike
Euro Drops Toward Record--Central Banks May not Defend Currency
Further risk on Wall St.: "trade delays pose risk" (Greenspan)
$A alltime lowhits new
Hawaii Bank Failure: Regulators seize financially troubled Bank of Honolulu
Turmoil Rocks Global Markets
One of Nations Largest SBA Lenders--Community West Bancshares--Files 60 Million Dollar Suit Against Former Auditors Alleging Deficient Services
Theater chain files bankruptcy papers-- General Cinema joins growing list of theater operators asking for protection
Utah Bankruptcies Are on Pace to Set Annual Record
U.S. Sept. Retail Sales Rise 0.9%; Ex-Autos Up 0.7%
Kyodo News Agency reports that Interlease (which has 800 billion Yen in Liabilities) is about to file for Bankruptcy but Nippon Shinpan Denies Leasing Affiliate Bankruptcy-Report
Junk Bond Defaults Seen Surging--64% increase in defaults anticipated
Euro Hts 3-Week Low Against Dollar
Philippines Boosts Interest Rates by 4% as Peso Plunges
25% price increase for newsprint coming in January
A Global Sea of Red
Germany's biggest bank--Deutsche Bank-- rejects speculation of difficulties in US junk bonds
Federal Regulators Report Spike in At-Risk Syndicated Loans--Up 69% From One Year Ago
Economists: what are they good for? Not a heck of a lot
Yen May Weaken on Signs More Corporate Bankruptcies to Come
CA: Employers face health insurance rate shock
Major Japanese :Life Insurance Company Files for Bankruptcy
Currency problems start to sting for Qantas, Air NZ
Australia: $A's new low fuels inflation fears
London: Record Lending to Phone Companies Sparks Regulatory Scrutiny--Possible Risk to Worldwide Financial System Under Discussion
Germany: European Central Bank's Haemaelaeinen Says Weak Euro `Misaligned,' `Cause for Concern'
Intervention fears as euro dips
European appliance group Monotub shares in spin over supplier problem
Fuel, Economy to Hit Fast-Food Results
Euro Slips Lower
CA: Less than 1 in 4 in San Diego can afford typical home-even worse elsewhere in state
Korea takes aim at inflation with rate hike
Early snow forecast no surprise to New Yorkers
Inflation to hit 7pc as Euro bank raises rates
The Millennium Bug bites back
Owens Corning Files for Bankruptcy Protection
Euro Sinks on Concern Surprise ECB Rate Boost May Slow Region's Growth
The speed -- and stealth -- with which the House voted Tuesday
N.Z.'s Brash Says Kiwi Dollar Record Decline May Continue--Recession Fears
Japan: Economic Recovery Losing Steam
Commentary: It's Starting to Feel a Lot Like 1973-74-- Could the market downturn, the high oil prices, and -- scariest of all -- the inverted yield curve signal a similar recession?
Book on "New Economy": first chapter on-line at ABCNews
Passage of visa bill will cost U.S. workers their jobs
ConnectiCare, Inc.
Taiwan May Convene National Economic Summit to Discuss Slumping Stock Market
Interest rate rise forecast in euro zone
Korea: Amid looming recessions and mounting concerns about the "second IMF crisis," the government and ruling party are revealing sharp differences
Electronics new orders slow over oil crisis
Pow! Get ready for a big fall
Aussie dollar receives another pounding
Inflation Alarms Irish Central Bank
Europe: Probe into telecom bank loans--Regulators fear banks have lent too much
Korea: Consumer price inflation surges in September
European papers say Danish euro vote bad for EU
UK: Halifax's web banking trouble
EURO INTERVENTION: HAS THE US OPENED A PANDORAS BOX?
N.Z. Economy Shrank 0.7% in 2nd Quarter as Construction Slumped--first OECD nation on brink of recession
Danish Referendum Delivers Vote Against Joining Euro (Update3)
Germany: U.S. Hedge Fund Supposedly Knew About Pending Euro Intervention, leak from non-eurozone Central Bank suspected-- Citibank, Robert Rubin, Central Bank connection said possible
US Economic Growth Revised Up--Economy Roars Ahead at 5.6% in 2nd Quarter, Jobless Claims Down
Hiring Foreign Tech Workers: In granting visas, Congress bowed to high-tech money
Inflation Higher Than Reported--CPI to be Revised Upward, Bureau of Labor Statistics Calculating Glitch Blamed
US Y2K Shield Law a Success?
Japanese Recovery Too Weak to Pare Spending, Vice Minister Says
Euro finds a friend: Iraq
UK: Trouble with booms: Markets give a cool reception to IMF's optimism
London Times: New cloud hovers over global economic horizon
London: Propped-up euro back on the slide again
Should we be diving for cover?
Euro Slips Toward Levels That Preceded Central-Bank Buying
Nasdaq listed AHT Corporation files for Chapter 11 Bankruptcy Protection
Rescue Attempt for the Euro Falls Short
PA:Deposit glitch hits ATM users
Australian dollar hits all-time low
Australia: People in high places know there's a long way to fall
A QUESTION OF FRAUD: Silicon Valley pushes for more foreign workers despite federal probes
FDIC Says Bank Earnings Fell Sharply
Eurostocks slammed by telco, tech sell-off
Eastern Europe Worried by Weak Euro
AL: Microsoft billing error
New GAO report: H-1B Foreign Workers: Better Controls Needed to Help Employers and Protect
S&P revises Deutsche Bank AG outlook
Australia: Rate rise likely as inflation soars--Inflation outlook at 20 year high--9.7%
Japan: 10 trillion yen stimulus package ordered to boost economy
Japan: Financial institutions rocked as Daiwa execs ordered to repay $775 million in rogue trader case
Another All-Time Low For New Zealand Dollar
South Africa:Rand comeback chances fading
England: Y2K to blame for Compel profit slump
Informix relates Y2K troubles
Britain - Banks put house in order with new code
Prophet 21 Announces Fourth Quarter Results
Failing Grades - H-1B fees fail to lessen reliance on imported IT skills
Euro Falls Near Record vs Dollar; ECB Buying Seen Insufficient
From Boom to Doom & Gloom
Seattle: Dot-Com Glow Starts To Fade Lawyers Gird For Surge In Internet Bankruptcies
Houston: Paracelsus, a Major Healthcare Corporation, Files for Chapter 11 Bankruptcy--citing highly leveraged capital structure
Worries mounting over long-term prospects of euro
Analyst: Storm clouds are turning ominously dark as global markets become more unsettled by the week (in depth piece)
Great Britain: Weak Euro hits computer component buying patterns
Aussie dollar crashes to new all-time low
Danes may reject euro in currency referendum
Dallas: Major Food Distributor Files Bankruptcy Reorganization Plan
Daou says talks of sale to Perot Systems terminated
US Labor Dept Says There's No Evidence of Inflation
Australia: Sinking dollar raises fears of soaring inflation, rates
Hartco Corporation Reports
Intellect restructuring pays off with record profit
Innogy statement
Oil prices to still pester fixed-income holders
10 things you wish weren't true about the American economy
Australia: 'Asia open to economic crisis'
Hershey Foods Licks Computer Woes
Pennsylvania manufacturer layoffs: production problems
The computer industry, in all of its myriad of forms, has found a way to legally discriminate against the employment of U.S. citizens in their own country
Insurance Auto Auctions Third Quarter Earnings Expected to be Below Expectations
Arizona: Qwest to cut 12,800 jobs
Omaha, Neb: Union Pacific plans rate hike because of high fuel costs
South Korea:High oil prices may trigger stagflation
Japan's credit rating downgraded by Moody's
TransNet Reports
DocuCorp reports
Ireland: Corel to close Dublin base
Millions of Jobless Are Uncounted,
Corus posts loss
US on track for a 'soft landing'
Immigrant labor rate soars - Number of immigrant workers jumps to highest in decades; pressures wages
Shop at Home results
Misprinted Euros Return to Presses
Cahoot recalls debit cards
GTech in big trouble
SA: LIQUIDITY
Whirlpool whipped by Prudential
SMTEK International Reports
Faith deepens in Santa Greenspan
Record Plunge for Durable Goods
Crossroads Systems reports
IMP Reports
AU: St George to axe jobs
New Fed report: a larger number of Californians are living in poverty, a smaller number are in
GateField Announces Second Quarter Results
Modis Professional Services Reports
DRAXIS Health Reports
AML Communications Reports
Programmer's Paradise, Inc. Reports
Big job cuts in US bank, auto, oil and retail sectors
Ampex Corporation Reports
Barclays admits new security breach
Spending, factories, builders slowing
Western Digital eleventh-consecutive quarterly loss
INTERVIEW-Adecco CEO
ILOG Reports
Beverly Earnings
NAFTA's bittersweet boom
UPDATE - LSI Misses Qtly. Rev. Target Due to Glitch
Japan: Problem loans at financial institutions rise to 82 tril. yen
NASHVILLE - Peterbilt Cuts 370 Jobs
Katy Industries, Inc. Announces Results
More red ink spatters SCO
Veterinary Centers of America Inc. Reports
Moore Corp. posts second-quarter loss
XETA Technologies Y2K hangover
WISCONSIN - Paper delays caused by press
Ericsson shares fall despite profit leap
USX Corporation Reports
Agilent is trading down
Compuware income plunges
WA - Some Vending Machines Don't Accept New Bills
Mitel Corporation Releases Fiscal Results
Creative Computer fiscal results
NCR Reports Second Quarter Results
PeopleSoft Going for Turnaround
Bank One Posts Loss After Big Charge
Unisys 2nd-Qtr Profit Hurt by Mainframes
Mutual fund investors snagged by omission
Hanger Ortho sees Q2 below expectations
AZ: 'Trib' circulation drops from Y2K billing delays
Despite booming economy, bankruptcy filings on rise
Isco reports loss related to problem with software
Rite Aid accounting problem last fall
Dionex (DNEX) shares slumped
Santa Cruz Operation Inc. warned of greater-than-expected net loss
Creative accounting compounds tech havoc
Made2Manage estimates Q2 loss
Y2K Still a Headache 7 Months Later
Ventana Medical sees loss
Economy: Holiday Week Could Heighten Volatility
COMPUTONE CORP - Financial Results
Online Brokers Can't Shake Those Outage Blues
Computone Reports Increased Sales Despite Y2K-Driven Slowdown
Acceler8 charged with misleading Y2K statements
Unisys warns on profits, shares drop sharply
Frisco Bay Announces First Quarter Results
Del: Conectiv plagued with problems
Real Goods Fiscal Report
SOME STILL SHAKING Y2K BUG FEARS
UPDATE - Electronic Data Still Suffering from Y2K Downturn
UK: post-millennium slowdown
NZ GDP slow growth
Amazon stock down 21%
Giba CGI quarterly report
Norstan Announces Fiscal Results
Britain: 10,000 job losses announced in one week
Gadzoox Predicts Q1 Revenue Shortfall
Glitches Delay New Savings Plan
Banks fall because of bad loans
Proginet Corporation loss because of Y2K lockdown
Computrac, Inc. First Quarter Results: losses attributed to Y2K
KMart's decline blamed on untimely shipments
AmeriServe Receives Extension
Pony Express files Chapter 11
Run on big Czech bank, sector in trouble
AVT Corp. Announces Quarterly Results
Missed Payment Shuts Bank's Site
London: Energy whacked on billing troubles
UPDATE1-German LPX power bourse debut hits glitch
Micro Systems report Y2K caused lower profits
Synthetech Reports
Gristede's Reports Results
OnX Incorporated Financial Results
insci-statements.com Reports Fiscal 2000
Computacenter issues profit warning due to Y2K
UPDATE - Focus on Spending Trends...What's Up?
CA - Bank of America Delays Computer System Rollout
Corel cuts workforce
Safety-Kleen files for Chapter 11
Fruit of the Loom bankruptcy
Florscheim troubles from inventory glitch
Tower Records says Web site credit card glitch fixed
Banking: Glitches Snarl Crestar Switch To SunTrust
Some hot financial and polictical news
Bank crisis in Romania
Romanians Converge on Branches of Country's Largest Bank
Malaysian ISP Admits 'Human Error' In Security Fiasco
Japan: Failed Namihaya Bank to be taken over by Daiwa Bank group
CANTON, Mass., - Opinion/Research...Small Businesses Lose Income Due to Tech Problems
European sports clothing retail Boo.com collapses
UK: Boo.com collapses
IMF May Recall Ukraine Loans
Indonesia fears end to economic recovery--in a spin over drop in value of rupiah
Korea fears new economic meltdown
Man withdraws $1.8m from gaming venue ATMs
Dropping Stock kills Corel merger
UK: Boo.com on brink of collapse
Boston Customers feel bumps in bank conversion
UK: Y2K firm (Greenwich Mean Time) leaves, 22 staff redundant
Gartner Group: 85% of Asia Pacific dotcoms could fail in next 24 months
NYSE Sets Trading Curbs As Stocks Tumble
UPDATE - GTSI Points Finger at Y2K for Losses
UPDATE - Europe PC Market Slows IBB Sales Plunge in Wake of Y2K Hangover
LONDON - CBI Warns Recession Alarm for Manufacturers
ITALY - Glitch Shortens Milan Trading Day
NY - Railroad Costs Soar Faster than Revenue
BUSINESS - GM Gives EDS Bonus for Y2K Help
Canada: Corel in Big Trouble
WA faulty ATM gave away $75,000
UK: Learning the e-business lessons of Y2K
bankruptcy related to software problems--Clark Material Handling Co.
Update: Hershey Foods software (Y2K rushed upgrade 1999)
New Zealand: Bank pressed to delay interest rate rise
Energy prices fuel Canada's inflation jump
Update Debit machine 'meltdown' hits stores
CNN: Has inflation returned?CPI's surge shows price increases in many sectors of the U.S. economy
CALGARY debit-card keypads melt-down
London: Warning given that Wall Street's prices crash could derail world economy
Seattle home buyers keep wary eye on the stock market's plunge
Japan Corporate Bankruptcies Surge 39.5 Percent in March
Energy Costs Push Price Index Up
Unisys 1st-Qtr Net Falls on Y2K Concern, Sales Force (Update1)
SAN FRANCISCO Wells Fargo ATM Glitch
Whirlpool delivery problems causes Home Depot to drop product line
Unisys slow to recover from year 2000 woes
US - National City Corp. Dedicates Y2K Surplus to Emerging Technologies
Malaysia: ATM card clones put banks at risk
Unisys' Y2k hangover socks Q1 sales
White House warned of dangers to current good times
CA - CKE Restaurants, Inc. 4th Qtr. Results, ($2.6 Million of Y2K Expenses Associated with Restaurant Computer Systems)
SC - Safety-Kleen Corp. Delays Second Quarter Earnings Report Indefinitely
STAR-LEDGER - AT&T To Cut Thousands of Software Workers From Payroll
OHIO - Symix Announces Preliminary 3rd Quarter Financial Results, Y2K-Affected Enterprise Systems Market Slow To Rebound...
PA - Unisys Says First-Quarter Sales to Miss Forecasts on Year 2000 Transition
Denver Electronic ticket sales go haywire
BUSINES - Equipment Manufacturing Firm Files Chapter 11, Events Combined, Including Malfunction of Monitoring Device on Feb. 23
Japan: Unemployment rate hits post WWII record of 4.9%
Y2K bug bit nearly 12% of Japanese companies
Internet debate on new round of WTO trade talks on April 5
OREGON - Y2K Flop Hurts Shares of Timerline Software, Demand for Co. Upgrades Falls Short
NY - Veramark Projects Sales Decline for Quarter...Company Evaluating Reasons
EUROPE - BASF to Raise Prices of Solvents and Plasticizers
BNA - Update...As Decimals Deadline Approaches, Hints of Delay Uttered
Toronton Co. profits down due to y2k
NJ - New Tee-Time System Has Glitches
'Y2K hangover' pounds pair of Northwest stocks
Ireland - Ford Focus recalls for 1999/2000 vehicles, programming faults cause engine loss, engine oil mishaps
GENERAL--Innovative Systems Warns Companies of "Dirty Data" - Undermining CRM and eBusiness Investments
Ottawa Oil fuels inflation to five-year high
Feb. Wholesale Prices Jump on Fuel, Tobacco
UT Bank Merger in Jeopardy Y2k upgrade
Corporate bankruptcies soar in Japan
TORONTO--Safety-Kleen Finds Accounting Irregularities
Japan Passes U.S. as the No. 1 Debtor nation
Y2K Insurance Deadlines Approaching
Xerox Corp pummeled by Y2K worries
NY--Merrill Lynch Fixes Problems with Order System
UK: Halifax Bank online dealing hit by technical snags
Sony Hit by Claims of Playstation2 Glitch
Chicago--Shoppers Short-Changed...Persistent Electronic Scanning Problems
Is MS heading for a share price meltdown?
USA - PricewaterhouseCoopers' Tech barometer report : Lurking Y2k problems for 12% Lg biz, 3% small biz
Cash Registers Crash at Petsmart
California - Santa Cruz eyewear firm; Y2k hits billing, orders, lab at CSC
Conoco gas pumps and convenient store registers messed up.
California Regulators Seize Investment Fund After Its Y2K Bets Lose 60%
Ohio, Cleveland - Optical Lab's computer glitch frustrates customer
Singapore blaming y2k for slow export pace
ATMS down thoughout Australia today
Easton Publishing Co of PA - defective Y2k upgrades create new bugs
Y2k issues for major Financial corporations
Oklahoma - bugs: Gas Co.; High # ATM withdrawals; State gov't is pranked
Baltimore -Credit card nightmare
Retail blues after y2k binge
Hershey distribution problems continue
Y2k Sales boost for Canterbury NZ
Denmark - Second largest bank (Unidanmark) Y2k problem in payment system
Washington state - Bankruptcy Ch. 11 for Lamonts Apparel, Inc; Y2k costs, low sales blamed
Peanut use up, possibly helped by y2k
Millennium Dome a dud
Australia tourism effected
Transnet earnings down due to y2k
Hercules profits down to y2k and other problems.
Glitch at Apple Computer Corp.
Y2k Distortions
Insurance Agency Glitch Cancels Policy (Maryland)
Hersheys problem continues
Real Estate Agent in Australia Hit by Y2K in Gateway Console
Del Monte Foods Q2 net rises due to Y2K, cost cuts
Profits up 141 per cent due to generator sales(cummins)
Northeast GA office building security failure due to y2k - ironic
Dell profits down due Y2K concerns
Small business glitches
Ohio - Personal Y2k problem - Data Systems credit card machine
Y2K vacancies
2 per cent of UK companies report problems
Outages hit E*Trade
Dutch online-banking software glitch
Iowa - Company in bankruptcy says Y2k bug caused late payroll
Your call is inportant to us.
Golf Store hit by Suspected y2k Glitch
$2 Million System Upgrade Fails for E-Commerce Company
Communication Glitches: Phone, fax & computer
Y2K problems hurt Gateways profits
IBM sales down due to y2k
Many resellers won't admit to Y2K problems
Unisys sales hit by y2k fallout
New York - Credit Union snafu, Y2k bug cited
Computer Blamed for late pay
1 in 4 IT Professionals Report Y2K Glitches
Farmers in a bind
Nebraska - business glitches: voice mail, credit card scanners, Win '95
"Computer Glitch Gives Canadian Microsoft Web Site" article
Ikea store cards fail Year 2000 test
SeaNet Billing Glitch
Ohio - Y2k glitch for Real Estate service; finger-pointing over Telescan's Kinnexus system
Banks - Chevy Chase Bank, others - Y2k problems using Quicken financial software
Crosspost of a reported glitch
Philadelphia man says Y2k rollover glitch at bank
Computer consultants busy handling Y2K glitches
German Opera Hit by Y2K Breakdown
Problems accessing stock information on Yahoo.com
Financial Times FTQuicken Tool Shutdown by Y2K
Farmers Insurance blushes Company is mailing thousands of apologies for mistake in billing
Discover/Novus Billing Glitch
Y2K Payday for ATM Bandits in NYC
Readers Digest thinks its 1900
Australian Commission called on to investigate computer industry handling of y2k bug
Report: Y2K Glitch Causing Credit-Card Errors
Y2K hits cash card - First Data Merchant Systems
Major Multi-system Credit Card Processing Y2K Failure
Books published in 1900??
GM says unspecified production problems and excess inventory halts production of Saturn
For 30,000 Greek Cash Registers It's Back T0 1900
California Smog Machine Date Error
Y2K Glitch Affects Fed Reserve Bank of Chicago and $700K in Payment Deposits
Chicago Board of Trade Computer Problem
THE SECOND WAVE of Failures Begins to Show Up - Y2K Concerns Cause Bankruptcy For Computer Training Firm
Commonwealth Bank EFTPOS giving dates in 2099 (Sydney, Australia)
Firestone Tire glitch
Financial Crimes Enforcement Network Suspicious Activity Reports (SARs) non-compliant
Possible Y2k glitch in small business?
Computer Error Brings Billions for On-line Customer
Customer Owes Video Store 92K for Late Fee
Nashville grocery loses credit card swipers
Central Bank in Nigeria order banks to run manual over weekend
Wal*Mart's debit system???
Grocery store sales are up
GICC Thread Category: Business and the Economy

Moderation questions? read the FAQ