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Michelin to Cut 1,000 Jobs in France
The French tyre maker Michelin SA announced Wednesday a plan to cut 1,093 jobs Share
Desperate British Airways Asks Staff to Work for Free
British Airways has asked 30,000 of its employees if they would work without getting paid Share
Theme park operator, Six Flags files for Chapter 11
Six Flags, Inc. filed for Chapter 11 bankruptcy on Saturday morning Share
World Bank sees even worse global decline
The World Bank says the global economy will decline by much more Share
$1.3 trillion in American wealth wiped out in 1Q
The US saw its household wealth lose $1.33 trillion in the first three months Share
May sees over 300,000 foreclosures in the US
US foreclosure filings reached 321,480 properties in May Share
Financial Crisis Could Push More Girls Into Child Labour: UN
The financial crisis threatens to push more children – especially girls – into child labour, the United Nations International Labour Organization (ILO) said in a new report. Share
Global Aviation Heading For $9 Billion Loss
The global aviation industry is heading for a gigantic $9 billion in 2009 Share
US Unemployment Rate Hits 25-Year High
The unemployment rate in the US has soared from 8.9 percent in April to 9.4 per cent in May Share
