Showing posts with label Financial Crisis. Show all posts
Showing posts with label Financial Crisis. Show all posts

Monday, January 26, 2009

Recession News: 40,000 Jobs Lost Today


New series of posts called "Recession News" as I am completely amazed at the how badly things are going around the world. Some say its the everything coming to and end...I patiently wait, and try and spend and save as much as I can simultaneously. What good is your savings account if everyone is gone. Anyway, with jobs going like hot cakes just having one will be enough to stunt on a motherfu**ah!

WASHINGTON — The recession is killing jobs at an alarming pace, with tens of thousands of new layoffs announced Monday by some of the biggest names in American business _ Pfizer, Caterpillar and Home Depot.

More pink slips, pay freezes and other hits are expected to slam workers in the months ahead as companies desperately look for ways to survive.

...the mounting toll was visible Monday as roughly 40,000 more U.S. workers got the grim news.

Read the rest of the story here.

Friday, December 5, 2008

Jack Daniels Shatter Projections...Recession? What Recession?


Well not quite shattered, but I wanted to tie in my image. I'm going to go ahead and take complete and undue credit for this...JD shots have entered into my order at the club/bar/restaurant as of late, and almost religiously. Though, I think folks stressing out from being so broke with Christmas looming could have something to do with it as well...maybe...
Brown-Forman Corporation reported that diluted earnings per share from continuing operations1 increased 13% to $0.94 and operating income increased 4% to $222 million for its fiscal 2009 second quarter. For the first six months of the fiscal year, diluted earnings per share increased 5% to $1.52, while operating income decreased 2% to $362 million. Adjusting for items in Schedule A of this press release, underlying2 operating income grew 5% for the second quarter and 4% for the first half of fiscal 2009.

Read the whole story here.