Arcive of financial news
Brian Cowen's first electoral test as Irish prime minister portends a rocky road ahead.
Cowen, 48, has spent the month since he succeeded Bertie Ahern focused on persuading voters to support a new European Union governing treaty in a referendum today. His efforts are falling short as opposition mounts and polls show the vote […]
Filed under: finance by Wolf
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Job cuts and outsourcing aren’t the only cost-saving strategies Media General Inc. looks to employ at its major newspapers, including The Tampa Tribune. The company also expects to consolidate and centralize some of its operations.
"We have taken, and are taking, prudent and necessary steps to improve performance in Tampa," said Marshal N. […]
Filed under: economics by Wolf
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Japan's bank lending picked up pace for the fifth straight month, the longest period of acceleration since 1995, as the country's economy grew and companies borrowed more to pay for higher-priced raw materials.
Loans excluding credit associations rose 1.6 percent in May from a year earlier, after growing 1.3 percent in April, the Bank […]
Filed under: economics by Wolf
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Arizona Public Service Co. is offering rebates for residential customers who switch to high-efficiency air conditioners and heat pumps.
The company has put aside $1.5 million for the rebate program, which would allow for up to a $500 rebate per unit if done through an APS-qualified contractor.
The move is part of a […]
Filed under: management by Wolf
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The U.K.'s construction industry, which accounts for 6 percent of the economy, shrank in April at the fastest pace in at least 11 years as homebuilding slumped, a survey showed.
An index based on a survey of purchasing managers at building companies fell to 43.9 from 46.1 in April, the London-based Chartered Institute of […]
Filed under: money by Wolf
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