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Archive for November 17th, 2008

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Nov
17

Jerry Yang to quit as Yahoo boss

posted by BBC News | Business | UK Edition in General
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Jerry Yang, the co-founder of Yahoo, is to stand down as the internet portal's chief executive officer.
Nov
17

Cash-strapped

posted by BBC News | Business | UK Edition in General
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Small firms in India come under pressure
Nov
17

Clash over $25bn car firm bailout

posted by BBC News | Business | UK Edition in General
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Democrats and Republicans clash over funding for a $25bn (£17bn) bailout plan to help the Big Three US car firms.
Nov
17

Glut of unsold homes hits rents

posted by BBC News | Business | UK Edition in General
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A glut of unsold homes has flooded the home rental market, driving down rents at the fastest rate on record, surveyors say.
Nov
17

Brown defends economy lift plan

posted by BBC News | Business | UK Edition in General
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David Cameron tells Gordon Brown to "be straight" and admit borrowing more will mean higher taxes later.
Nov
17

Citigroup job cull to hit 75,000

posted by BBC News | Business | UK Edition in General
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US bank Citigroup announces plans for about 52,000 new job cuts, on top of 23,000 cuts already made this year.
Nov
17

1.5m plan ‘pension’ break to beat slump

posted by This is Money | Home in General
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Some 1.5m savers may stop paying into their pension to guard against impending recession, but in doing so they could lose a collective £35bn Money down the drain


Nov
17

Oil prices rise on US output data

posted by BBC News | Business | UK Edition in General
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Oil prices have risen after surprisingly good US industrial output figures and warnings of cold weather.
Nov
17

Problems looming for buy-to-let

posted by BBC News | Business | UK Edition in General
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Some 20% to 40% of buy-to-let landlords will be in negative equity if house prices keep falling at current rates, a report says.
Nov
17

US economy ‘already in recession’

posted by BBC News | Business | UK Edition in General
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The US economy is already in recession, according to a panel of forecasters, and is set to shrink by 2.6% in the fourth quarter.
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