Tag: recession
News
Retail Sales Grow Despite Recession but Profits Take a Hit
Despite one of the sharpest economic contractions in decades, the world's
largest retailers were able to increase sales by 5.5% in fiscal year 2008...
News
Drivers Buffeted By Recession, IBM “Commuter Pain” Survey Shows
The second annual IBM Commuter Pain survey released today indicates that the recession is taking its toll on urban motorists, who have become significantly...
News
Google cuts down 200 jobs in company’s largest layoffs
Google Inc. is jettisoning nearly 200 workers in its largest round of layoffs yet, demonstrating that even highly profitable companies are feeling the recession's...
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