Archive for Luty, 2008

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Supplier Strikes Idle 16,000 Auto Workers

G.M. said a strike at American Axle and Manufacturing has forced it to halt production at four of its five pickup plants and Chrysler idled an Ontario plant because of a supplier strike.
Original post by NICK BUNKLEY


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G.M. Idles 3 More Plants Due to Supplier Strike

The automaker said it would idle plants in Michigan, Indiana and Ontario because of parts shortages caused by a strike against its supplier American Axle & Manufacturing.
Original post by REUTERS


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Stocks Dive on New Signs of Economic Chill

The Dow Jones industrials were down nearly 300 points in afternoon trading after weak economic data reignited fears of an imminent recession.
Original post by MICHAEL M. GRYNBAUM


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W poniedziałek Ukraina zostanie częściowo odcięta od rosyjskich dostaw gazu

Gazprom od poniedziałku zaczyna odcinać Ukrainę od dostaw gazu. O rozpoczęciu procesu ograniczania dostaw poinformowała wieczorem w piątek centrala rosyjskiego koncernu….
Original post by Yahoo! News: Personal Finance News


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Stocks Dive on New Signs of Economic Slowdown

The Dow Jones industrials were down more than 200 points in early trading, a 1.7 percent decline, after weak economic data reignited fears of an imminent recession.
Original post by MICHAEL M. GRYNBAUM


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On Wall St: Commodity boom backfires on consumers (FT.com)

FT.com – The Federal Reserve is attempting to fill up the liquidity punchbowl with big interest rate cuts. But it is beginning to look like an old party trick. Cheap cash for consumers and Wall Street banks has not translated into lower mortgage rates, let alone alleviated stress in the credit market.
Original post [...]


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Facing Default, Some Walk Out on New Homes

The same sorts of loans that drove the housing boom are now giving borrowers incentives to walk away.
Original post by JOHN LELAND