Holiday Season

Job-cut announcements at lowest since September

MarketWatch Jul 1

Corporate layoff announcements dropped to their slowest pace in 15 months during June, Challenger Gray & Christmas said. The monthly tally of 74,393 was 33% lower than the 111,182 announced in May and 9% less than June 2008, the outplacement...

Council Votes for Two Muslim School Holidays

New York Times Jul 1

The vote put the City Council in conflict with Mayor Michael R. Bloomberg, who has the power to designate the days off yet said he was resolutely opposed to the idea.

Stores Anxiously Watch Back-to-School Sales

Wall Street Journal Jun 30

Retailers are anxiously awaiting the back-to-school shopping season for clues that customers aren't turned off by the slim selections in stores.

Why Everyone Else Is Taking This Week Off

Clusterstock Jun 30

Look around your office. Notice anything? That's right, you're one of the few people who decided to keep working this week. It's not just your imagination. Trading on the New York Stock Exchange has been lighter than any time since January....

Capitol Report: For cash-strapped states, no Christmas in July

MarketWatch Jun 29

In his inaugural address, President Barack Obama called for a 'new era of responsibility.' This week, that era will begin all over again for many cash-strapped states as they begin their fiscal years -- without hope of more help from Washington.

[$] Putin urges banks to boost lending

Financial Times Jun 29

The PM told the heads of Russia's leading banks not to plan any summer holidays but to help overcome the recession – even as the country braces itself for a surge in bad loans

i/o Data Centers opens Phoenix ONE

Telecom Ramblings Jun 28

The Phoenix market has a new big data center online, i/o Data Centers has officially opened the doors of Phoneix ONE. The new facility is, to put it mildly, huge: 538,000 square feet on 31 acres of propery, and is more than four times the size...

Mahindra IPO Spells Success

Forbes Jun 26

India's IPO market gets reinvigorated as shares of the timeshare firm soar.

Chicago Turns to Workers to Plug Deficit

Wall Street Journal Jun 23

Chicago's mayor is asking city workers to accept furloughs, in an effort to plug a budget deficit of $250 million to $300 million.

Governor Will Call Special Sessions to End N.Y. Senate Impasse

Bloomberg Jun 21

New York Governor David Paterson said he’ll call special sessions of the state Senate, holding lawmakers through weekends and holidays if necessary, to end the deadlock between Republicans and Democrats and pass necessary legislation.

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Holiday Season

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