April 2009
Ethisphere Institute named 2009 World’s Most Ethical Companies!
The Ethisphere Institute on Monday named 99 companies it says are the world’s most ethical, its third annual listing designed to encourage ethical practices within the global business community. The 99 companies, which include Honeywell Internati...
January 2009
Layoffs hits U.S. economy: Spread to More Sectors of the Economy!
On Jan. 26, U.S. companies slashed nearly 60,000 jobs new layoffs were announced at companies as varied as telecom giant Sprint Nextel, construction equipment maker Caterpillar, semiconductor manufacturer Texas Instruments, and pharmaceutical house Pfi...
Bank of America slumps to first loss since 1991!
Bank of America Corp., which owns Merrill Lynch reported a net loss of $1.79 billion in the fourth quarter. That the brokerage compares to net income of $268 million a year earlier. The net loss applicable to common shareholders was $2.39 billion, or 4...
November 2008
BofA CEO Kenneth D. Lewis advice to America: One too many auto makers
“I think there’s one too many” automakers, Bank of America CEO Kenneth Lewis told the Detroit Economic Club during a meeting in Cobo Center, the downtown convention center that’s home to the North American International Auto Sho...
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