Nearly 7 Million Americans Lose Jobs in Q4 2009

According to a report released Wednesday by the Bureau of Labor Statistics in the U.S., 6.8 million Americans lost their job in the last quarter of 2009, running from September to December 2009. Despite 6.6 million new jobs created during the same period,...

Asia’s biggest carrier JAL likely to suffer $5.5 billion loss

Japan Airlines Corporation (JAL) is likely to suffer record losses Share

100 more jobs to be cut at New York Times

One of the leading newspapers in the U.S., the New York Times Share

Despite drop in sales, IBM posts stronger earnings than anticipated

On Thursday, International Business Machines (IBM) came out with its results for the Share

Bradford and Bingley reports £160 million loss

Nationalized mortgage lender Bradford & Bingley has reported a £160 million Share

SingTel Q1 profits up by 7.7 per cent

Singapore Telecommunications Limited (SingTel) reported on Thursday that its net profit Share

Financial crisis takes toll on Playboy, Hefner sells $25 million mansion

Playboy magazine founder, Hugh Hefner is reported to have sold his English Manor mansion Share

Freddie Mac won’t seek Treasury aid for now

Mortgage giant Freddie Mac reported its first profit in two years and said that it Share

Punj Lloyd looking for savings through QIP placement

The very famous Punj Lloyd has now at last completed the QIP placement with issuance Share

Fannie Mae reports loss, asks the Treasury for another $10.7 billion

US mortgage giant Fannie Mae reported second quarter losses of $15.2 billion and has requested Share