Latest News in Credit History and Jobs – March 06, 2009

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Dollar mixed in Asia ahead of key jobs data – ABS-CBN

5 Mar 2009 at 9:21pm
TOKYO – The dollar fell against the euro but gained on the yen in Asia on Friday as traders braced for a report expected to show massive job losses in the United States in February. The euro gained to 1.2570 dollars in Tokyo morning trade from 1.2538 …

Making way for new in Pettigrew Heights – Argus Leader

6 Mar 2009 at 12:56am
When the backhoe crashed down Thursday on two homes on Duluth Avenue near 11th Street, it signaled a change. In the shops surrounding the decrepit homes and in Pettigrew Heights, there arose a promise of hope, rebirth and new construction jobs. “To …

Costello attacks ‘history’s midwife’ Rudd – Australian Broadcasting Corp.

5 Mar 2009 at 9:57pm
Liberal backbencher Peter Costello has put himself back in the political spotlight with an attack on Prime Minister Kevin Rudd. On ABC1’s Q and A last night, the former treasurer criticised the Government’s handling of the economic crisis, in …

150 jobs to go at foundry – Westmidlands.com

27 Feb 2009 at 4:31am
An historic Walsall foundry is to shut shedding around 150 jobs, it was announced today. Ductile Wesson at Victoria Steel Works, in Moxley, will begin closing down on April 3, shutting the door on 200 years of steel-working history. A further 30 jobs …

JPMorgan sees big savings from WaMu acquisition The bank expects to … – Re…

26 Feb 2009 at 7:42pm
NEW YORK ? JPMorgan Chase & Co. said Thursday that it expects to realize about $2 billion in savings related to its acquisition in September of Washington Mutual Inc., the failed Seattle thrift. The majority of the savings will be realized by the …

Eurozone economy records worst contraction in Q4 – People’s Daily Online

6 Mar 2009 at 12:48am
The eurozone economy contracted by 1.5 percent in the fourth quarter of 2008, compared with the previous three months, the European Union (EU)’s statistics bureau Eurostat said on Thursday, confirming a previous estimate. It was the deepest quarter …

Companies cut jobs, durable orders at faster pace – The Age

26 Feb 2009 at 12:32pm
Companies are slashing jobs and orders at a faster pace in the US, reports today showed, signalling the economy will contract more sharply this quarter than analysts anticipated. Orders for durable goods fell 5.2% in January, more than twice as much …

JPMorgan to cut 12,000 jobs related to WaMu deal – Seattle Times

26 Feb 2009 at 9:40am
JPMorgan Chase & Co. said Thursday it will eliminate about 12,000 jobs as it folds in the operations of Washington Mutual Inc. According to slides on the company’s Web site from an investor day presentation, the New York-based bank expects about $2 …

Text Size – Zawya.com

6 Mar 2009 at 12:41am
TOKYO, Mar 06, 2009 (AFP) – The dollar fell against the euro but gained on the yen in Asia on Friday as traders braced for a report expected to show massive job losses in the United States in February. The euro gained to 1.2570 dollars in Tokyo …

U.S. Economy: Companies Cut Jobs, Durable Orders (Update2) – Bloomberg

26 Feb 2009 at 3:03pm
Feb. 26 (Bloomberg) — Companies are slashing jobs and orders at a faster pace in the U.S., reports today showed, signaling the economy will contract more sharply this quarter than analysts anticipated. Orders for durable goods fell 5.2 percent in …

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March 06 2009 01:18 am | Credit Reports

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