Tag: home

October 26, 2012 0

Mass Firings Soar at Fastest Pace Since 2010; What’s the Impact on Unemployment?

By News Desk

Mass Firings Soar at Fastest Pace Since 2010; What’s the Impact on Unemployment? In precisely the kind of news president Obama does not want heading into the election, Ford (F), Dow Chemical (DOW), DuPont (DD), and Advanced Micro Devices (AMD) all announced mass layoffs this past week as Firings Reach Highest Since 2010 . North American companies have announced plans to eliminate 62,600 positions at home and abroad since Sept.

October 24, 2012 0

Saturated Fat: McDonald’s to Revisit ‘Dollar Menu’; Reflections on Same Store Sales and Commercial Real Estate

By News Desk

The Wall Street Journal reports Amid Falling Profit, McDonald’s to Revisit ‘Dollar Menu’ McDonald’s Corp. reported a 3.5% decline in third-quarter earnings as sales slowed more dramatically than expected because of a sluggish economy and a disappointing marketing campaign. "We face softening demand, heightened competition and rising costs in many of our markets," Chief Financial Officer Pete Bensen said.

October 24, 2012 0

Letters, Eli Gets Letters, and Email and Twits

By News Desk

Letters, Eli Gets Letters, and Email and Twits Off the top of the pile, a letter to the Gibraltar Chronicle (by way of Barry Bickmore )  from Alfred Cortes, but first some background.  The government of Gibraltar held a Thinking Green Forum last Saturday, with Al Gore and Juan Verde, the former known to all, the latter a former high Department of Commerce Official who presented the position of the Obama administration on renewable energy and how the US election will affect Europe (that would be nice to know). This, of course, attracted the flies, and who shows up but everyone’s favorite martian, the Lord Monckton, spewing as usual, and he got a pretty good press in Gibraltar before going totally off the rails as Eli hinted yesterday.  So, what lit the fuse.  Barry Bickmore came up with the smoking letter: The on-going campaign by the Chronicle against Al Gore and the parallel promotion of the views of Lord Monckton is hard to understand. Al Gore, Nobel Peace Prize Winner, Elected on four occasions to the US Senate and deprived of the Presidency by a biased US Supreme Court, can hardly be placed on an equal footing to an obscure climate sceptic who represents nobody, as the Chronicle seems to be attempting to do