Media conglomerate A.H. Belo to lay off 500 workers, 14 percent cut - KSDK
Posted in Credit Card Debt, Loan Modifications by admin on February 1st, 2009
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LOS ANGELES (AP) — Newspaper publisher A.H. Belo Corp. said Friday it will lay off 500 workers, or about 14 percent of its work force, and implement other cash-saving measures to cope with declining advertising revenue. Chief Executive Robert …
Obama Promises New Strategy to Revive Credit Markets
Soon - Bloomberg
Jan. 31 (Bloomberg) — President Barack Obama said his administration is readying a plan to unlock credit markets and lower mortgage rates, and vowed that company executives will be stopped from siphoning money intended for economic recovery. Soon …
Credit-shy banks are strangling businesses
- Peterborough Evening Telegraph
A SUCCESSFUL businessmen warned yesterday that his Peterborough firm might fall victim to the banks growing refusal to lend cash. Fashion car accessories enterprise owner Lee Shakespeare told of his plight to a high-profile gathering of city leaders …
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