For Net-a-Porter, a London-based e-tailer of luxury-brand women’s wear, the Great Recession wasn’t even a speed bump. “We actually outperformed our own business plan
“It looks like this recession is finally over,” declared Scott Davis, CEO of UPS, earlier this month while announcing 2009 earnings that were better than expected for the world’s largest package carrier.
The financial crises and recession of recent years left no part of the global economy unscathed, and that includes the rarified legal field, which has seen revenues drop 10% at U.S. firms since 2008.
One of the great ironies revealed by the global recession that began in 2008 is that Communist Partyruled China may be doing a better job managing capitalism’s crisis than the democratically elected U.S. government
Fewer people applied for unemployment benefits last week, a sign that layoffs are dropping and employers may be hiring more workers. The Labor Department says the number of people seeking benefits dropped 10,000 to 382,000 in the week ending April 2
The Great Recession turned out to be quite good at keeping troubled unions together. Divorce rates fell every year in America during the economic downturn