Archive for March, 2009

Honda to Cut Production, Salaries

WSJ.com: What's News US on Mar 31st 2009

Honda will cut production, reduce pay of salaried employees and force hourly workers to take unpaid leave in North America.

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Facebook Seeks New Finance Chief

WSJ.com: What's News US on Mar 31st 2009

Facebook’s finance chief, Gideon Yu, is leaving the company, which has begun searching for a replacement.

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Borders’s Profit Falls Sharply

WSJ.com: What's News US on Mar 31st 2009

Borders Group reported a plunge in earnings for the fiscal fourth quarter but reduced debt by $218 million at year-end and dramatically cut inventory levels.

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Work-Visa Numbers Get Played

WSJ.com: Careers on Mar 31st 2009

Advocates on both sides of the immigration debate misuse data on whether H-1B visas spur or abate job creation.

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Work-Visa Numbers Get Played

WSJ.com: Careers on Mar 31st 2009

Advocates on both sides of the immigration debate misuse data on whether H-1B visas spur or abate job creation.

Filed in Finance News | No responses yet

Work-Visa Numbers Get Played

WSJ.com: Careers on Mar 31st 2009

Advocates on both sides of the immigration debate misuse data on whether H-1B visas spur or abate job creation.

Filed in Finance News | No responses yet

Work-Visa Numbers Get Played

WSJ.com: Careers on Mar 31st 2009

Advocates on both sides of the immigration debate misuse data on whether H-1B visas spur or abate job creation.

Filed in Finance News | No responses yet

For Peugeot Chief, History Repeats Itself

By DAVID JOLLY on Mar 31st 2009

Christian Streiff lasted just over two years as chief executive of PSA Peugeot Citroën — but the worst auto market in years set the stage for an acrimonious separation.

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Rivals’ Revamps Vex Ford

WSJ.com: What's News US on Mar 31st 2009

Ford officials worry GM or Chrysler could get better deals from unions and debt holders should either undergo bankruptcy reorganization.

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‘Mark’ Rule Change May Subvert Treasury Plan

WSJ.com: What's News US on Mar 31st 2009

The relaxation of mark-to-market rules for banks may undermine a larger U.S. Treasury plan to rid the banks of their toxic assets.

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Retirements Hit Goldman

WSJ.com: What's News US on Mar 31st 2009

Two executives who ran a successful internal hedge fund for Goldman are retiring, joining a growing list of stars leaving the firm.

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Ford Fears Rivals’ Revamps

WSJ.com: What's News US on Mar 31st 2009

Ford officials worry GM or Chrysler could get better deals from unions and debt holders should either undergo bankruptcy reorganization.

Filed in Finance News | No responses yet

Nations Haggle Over Tax-Haven Roster

WSJ.com: What's News US on Mar 31st 2009

G-20 leaders are nearing agreement on guidelines for tax havens, but are divided over how to punish those who don’t cooperate.

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CVC in Talks for Barclays’s iShares

WSJ.com: What's News US on Mar 31st 2009

CVC Capital Partners emerged as the likely buyer of Barclays’s prized iShares exchange-traded-funds unit, in a $4.3 billion deal.

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Stocks Rise to End First Quarter

WSJ.com: What's News US on Mar 31st 2009

Stocks posted their sixth consecutive losing quarter, with the Dow industrials finishing at 7608.92, down 13%, or 1167.47 points. It was the worst first quarter in percentage terms since 1939.

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