Tag: jobs

New Definition of "Sustainable" is Six Months; New Word Needed to Replace "Haircut"
October 27, 2012 0

New Definition of "Sustainable" is Six Months; New Word Needed to Replace "Haircut"

By News Desk

For a look at revised definitions, please consider German finance minister rules out Greek debt "haircut" German Finance Minister Wolfgang Schaeuble ruled out public investors accepting a debt restructuring, or "haircut", on their Greek bonds but said in an interview to be aired on Sunday that a debt repurchasing program could be considered. "(A haircut) is a discussion that has little to do with the reality in the member states of the euro zone," Schaeuble said in an interview with Deutschlandfunk radio.

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

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

Compromise to Nowhere; Germany Mulls Greek Debt Buyback; More Haircuts Coming?
October 21, 2012 0

Compromise to Nowhere; Germany Mulls Greek Debt Buyback; More Haircuts Coming?

By News Desk

Please consider Berlin and Paris Compromise on Bank Oversight . European leaders have reached agreement on the roadmap to a banking oversight regime in the euro zone. Following a public back-and-forth between German Chancellor Angela Merkel and French President François Hollande, the 27 European Union heads of state and government on Thursday night found a compromise at their two-day summit in Brussels.