Posts Tagged with recession

Conflicting Opinions on ‘End’ of Recession

After last week’s announcement by Ben Bernanke that the recession was essentially over, I think many of us probably breathed a sigh of relief. Here’s a man responsible for many of the programs which have been so hotly contested, programs which have funneled billions of dollars to banks who may or may not have used [...]

Filed under: Business, News on September 18th, 2009 @ 6:15 pm

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Natural Gas Struggles to Improve Demand

Natural gas companies have spent the better part of two decades exploring, mining, and expanding into new territory in order to bring in more and more of the commodity. Since the recession hit, however, prices have taken a huge dive. Most economists have attributed this fact to oversupply, leading many companies to halt exploration activities [...]

eBay Unloads 65% Interest in Skype

I’m intrigued by eBay’s move to sell off almost $2 billion in stock and debt from the international web-phone company Skype, one of the fastest growing tech ventures, making around $550 million last year, while steadily adding members around the world. Under the circumstances of the deal, it’s hard not to view this move as a [...]

Filed under: Business, News on September 1st, 2009 @ 5:51 pm

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Unemployment Numbers Show Progress, Hint at Recovery

Recovery has been a huge buzzword for economic news in the past month. While many experts have said it is too soon to make any hard and fast assumptions either way, others have described the current financial climate as the beginning stages of an end to the longest global recession since the end of World [...]

Microsoft’s Speed Bump on the Road to Recovery

The Financial Times reports today that tech giant and number one distributor of PCs and servers in the US, Microsoft, has taken a major hit in sales in this quarter. Though experts in the tech sector are not exactly hitting the panic button, a 17% drop in sales for a quarter in which competitors Apple, Intel, [...]

Filed under: Business, News, Technology on July 24th, 2009 @ 12:19 pm

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Recessionomics: Succeeding During and Beyond the Downturn

Burying your head in the sand, particularly during a crisis, is never a strategy that is recommended in the world of business, as now more than ever, companies are forced to be creative and forward-thinking in the face of economic hardships. And not only is it possible to survive a recession, but thrive during one [...]

Filed under: Business, News on July 17th, 2009 @ 3:14 pm

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FXB: A New Philanthropic Model

In the global recession economy, the world of philanthropy has inexorably changed. Organizations once flush with funds to help those in need have now found themselves in a position of having to contract – if not fold up completely – the amount they are capable of putting up for the sake of charitable giving. However, the [...]

Filed under: Business, Community, News, Philanthropy on July 14th, 2009 @ 11:30 am

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‘Younger than Moses: Idle Worship’ is an art exhibit featuring 22 artists in New York.

As part of the European Project FP7 research called “Integrated System for Transport Infastructures Surveillance and Monitoring by Electromagnetic Sensing,” a team of researchers had been gathered from the countries of Israel, Italy, France, Sweden, Norway, Switzerland and Romania.