Daily News Channel
When China’s legislature opens its annual session this week, the focus will be on jobs, the economy and social stability. Every year, over 3,000 delegates to the National People’s Congress meet in Beijing to review draft laws and vote on government budget and policies
European markets opened higher Tuesday, following a global selling spree the day before, although fell back slightly by early afternoon trading.
Every Thursday afternoon, the San Geronimo Valley Community Center opens its doors to the needy. It becomes a food bank to serve the most vulnerable citizens of Marin County, California. Bread, fruit, canned vegetables, meat and cereal are all available for free.
On reading Warren Buffett’s much-anticipated letter to Berkshire Hathaway’s shareholders, one can’t avoid being struck by his faith in the ability of the American people to overcome adversity and to move the nation forward.
The long lines of parked cars outside Dodger Stadium could have been the typical sign of an afternoon game featuring the Boys in Blue. But the massive crowd of cars at the stadium during the weekend had more to do with income than infield plays. A two-day job fair to fill some 500 part-time jobs during the baseball season, from stadium security to hawking beer during the games, attracted nearly 7,000 applicants.
If it feels like big companies are doing more than their fair share of letting employees go these days, that’s not just because mass layoffs at blue chip firms are the ones that make headlines. New research suggests that in times of recession, large employers disproportionately lose workers, while small companies, as a group, fare better
Now it’s official: the economy really is in free fall.
Singapore’s economy shrank by 4.2 percent in the fourth quarter of 2008, the Ministry of Trade and Industry said Thursday, as it forecast the economy would contract between 2 and 5 percent this year. Compared to a robust growth of 7.8 percent a year earlier, the economy grew by 1.1 percent for the whole of 2008, the ministry added
Three British troops under NATO command were killed in an explosion in southern Afghanistan on Wednesday, the British Defense Ministry said.
The disabled young son of UK opposition leader David Cameron has died, UK media have reported. In his first speech to a joint session of Congress, Obama said it’s time to act boldly not just to revive the economy, but “to build a new foundation for lasting prosperity.” “While the cost of action will be great, I can assure you that the cost of inaction will be far greater,” he said.