Navigate: Home Archive: March 2009

Gartner: 2009 Global Tech Spending to Decline 3.8%

Mar 31, 2009, 2:23 PM

Global IT spending is expected to decline nearly 4% in 2009 over the previous year as industry watchers confirm the current recession will see more losses than... Read »

Home Builders Still Risky

Mar 31, 2009, 2:20 PM

“Let’s look at the home builders I was optimistic on Monday when kb homes had their numbers out, but Lennar had their quarterly report and it was disappointing.... Read »

Yellow Pages Files for Bankruptcy

Mar 31, 2009, 2:09 PM

U.S. telephone yellow-pages publisher Idearc Inc (IDAR.PK) filed for bankruptcy, as revenue for its printed directories business dwindled amid a shift to online... Read »

GAO:Treasury Has Disbursed $303.4B of the $700B in TARP Funds

Mar 31, 2009, 2:01 PM

The U.S. Government Accountability Office [GAO] released on Tuesday a review showing that the Treasury has so far disbursed $303.4 billion of the $700 billion in... Read »

ISM-Chicago Purchasers’ Index Decreases to Record Low Levels

Mar 31, 2009, 1:30 PM

Confidence among U.S. consumers stayed near a record low and a survey of purchasing managers showed business deteriorated further in March, indicating the economy... Read »

Fed Gary Stern Supports Mark-To-Market System

Mar 31, 2009, 1:11 PM

Federal Reserve Bank of Minneapolis President Gary Stern said Tuesday he strongly supports the system of mark-to-market accounting, although he recognizes that valuation... Read »

January S&P Case Schiller Home Price Index Declines More than Expected

Mar 31, 2009, 12:39 PM

The Standard&Poor’s/Case-Shiller 20-city Composite for January, released Tuesday, showed continued weakness in home prices, as the housing slump continued... Read »

China: Graduating this Year?

Mar 31, 2009, 5:17 AM

Last week China Daily had an interesting article on job prospects for university graduates on the mainland. In 2006, as a reaction to rising unemployment among... Read »

Bill the Banker

Mar 31, 2009, 4:09 AM

The next couple of days are expected to see mass demonstrations in London. Protesters are planning to descend upon the City (tomorrow) and the G20 meetings (Thursday),... Read »

Google to Create Venture Capital Unit

Mar 31, 2009, 4:05 AM

Google (GOOG) which has invested in many startups over the years, will announce on Tuesday that it is creating a venture capital arm whose main objective will be... Read »

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