Posted by
Den Brover on Tuesday, December 30, 2008 11:22:43 AM
For those putting money into solving global energy supply and demand problems, the supply side — with its towering, white wind turbines and sleek solar panels — has always been the star.
A report in the Sunday Times that Microsoft Corp. is in talks with Yahoo Inc. to buy the U.S internet company’s online search business for $20 billion (U.S.) is "total fiction," according to a key executive cited by an influential U.S. blog.
More Americans are collecting jobless benefits than at any time in the last 26 years as companies rush to cut costs in a sinking economy.
A $4.5 billion bid Wednesday by France’s state-controlled power company for reactors in Maryland and New York could lead to the only foreign ownership stake in U.S. nuclear plants.
One of the last pillars of Canada’s economic foundations may be crumbling as the latest survey shows consumer confidence eroding to a new quarter-century low.
Wal-Mart is highlighting flat screen TVs, Blu-ray players, Xbox 360 consoles and home computers in its much-anticipated Black Friday deals this year, according to a copy of the retailer’s circular obtained by CNNMoney.com.
Not only are Americans flying less as the economy tanks, they’re spending less time scouting the Internet for travel deals, creating an unprecedented drop in traffic for online travel agencies such as Chicago-based Orbitz Worldwide Inc. As days shorten and the air chills, consumers typically start to plan winter getaways, making October one of the busiest months of the year for Internet travel sites, analysts said.
Royal Bank of Canada is bracing for deteriorating credit quality in fiscal 2009, predicting the economic malaise will trigger steeper job losses and more soured loans.