The DVD edition of the vampire romance-fantasy film Twilight sold more than 3 million copies on the day of its release, making it one of the top-five bestselling first-day DVD releases in the last two
Two of Canada's largest energy companies are merging, with Suncor Energy making a CA$19.2-billion bid to take over
A senior United States official has stated that the US insurance firm American International Group (AIG) has paid out US$218 million in bonuses to its executives, after receiving over $180 billion in federal aid from…
UK firm BAA Limited has been told by the Competition Commission that they must sell three of their airports within two years. Gatwick and Stansted airports, both serving London, England, and either Edinburgh…
Pennsylvania lost 41,000 jobs in February, the largest one-month span of job loss in the state in more than 13 years. According to media reports, about 1 in every 140 Pennsylvania jobs were lost in February, marking the…
Sunshine Coast Regional Council has received legal advice that it will not be able to challenge a McDonald's Australia appeals process. Council rejected development plans for a 24-hour store at Minyama in December, and…
On Tuesday, the non-profit organization the American Civil Liberties Union (ACLU) released a video and press release commemorating 40 years since the landmark Supreme Court of the United States decision involving…
Federal Reserve Chairman Ben Bernanke said that the current economic recession in the United States "may last into 2010." The Chairman also predicted that unemployment would remain at relatively high levels until
Brazilian aerospace conglomerate Empresa Brasileira de Aeronáutica, S. A. (Embraer) has revealed plans to cut around twenty percent of the company's workforce of 21,362 people. Twenty percent is over 4,200, but Embraer…
The Japanese car making company Toyota has announced that their predicted profit loss for 2008 has tripled from their previous estimate. The company reports the loss after demand for its vehicles dropped. In December…
Workers at the UK's Lindsey Oil Refinery have voted to return to
British rail company South West Trains (SWT) is to cut 180
General Motors NYSE: GM (GM) and Chrysler have both begun to offer layoff packages to their
Sweden-based airline Scandinavian Airlines System (SAS) said it will reduce payrolls by 8,600 jobs as part of its "Core SAS" restructuring
An international credit ratings agency has downgraded the creditworthiness of British bank Barclays LSE:
The International Labor Organization (ILO), a branch of the United Nations concerned with labor and workers' rights issues, issued a report Wednesday explaining how the global economic crisis could create a global…
Starbucks Coffee is set to close 300 stores and lay off around 6,700 employees. The announcement came after a 69% drop in quarterly
American fast food chain McDonald’s is set to open up 1000 more stores during 2009 as part of its expected capital spending of US$2.1
The United Kingdom's flag carrier airline, British Airways (BA) has warned the markets that it will post a full year loss of up to £150
International steel conglomerate Corus Group is to axe 3,500 jobs
