Inside news from the Industri

No matter what the EU leaders and G20 members say, unemployment is still soaring. In the United States, companies are still firing their employees to remain ahead in their game. [...]

To avoid firing a significant chunk of its twelve thousands employees, Arrow Electronics is looking to mandating certain components of its wage system. This would be a far kinder move [...]

How deep is the crisis? How deep is deep? What industries are involved in the deadly pirouette to bankruptcy? Just recently, the company International Paper shut down one of its [...]

In Venezuela, the only bid for the Stanford Bank was $58 million. Too low for the government’s taste, and so they simply shut down the auction. They plan to reopen [...]

Beyond the sad borders of the United States lies another giant. The giant is Europe, and when there’s a territory as large as Europe, a credit crunch is never a [...]

When one thinks about it, some people or financial groups within the global financial system are safer than others. Investment-wise, some folks are luckier than some. Take for example some [...]