Showing posts with label Financial Crunch. Show all posts
Showing posts with label Financial Crunch. Show all posts
Subdued mood at the Consumer Electronics Show in Las Vegas
Technology takes center stage the Consumer Electronics Show in Las Vegas despite a gloomy economy. Manufacturers went smaller, not just in their presentation but also in their product. Gone were the 150-inch TVs and instead, smaller and sleeker took center stage. Samsung grabbed notice with its one-inch thick TVs that use light-emitting-diodes (LEDs) rather than lamps as their primary light source. It's been estimated that such screens use 40 percent less power than traditional LCDs . . . not to mention saving a whole lot of space in the living room. Lindsay Claiborne reports.
Where the jobs are
Not since the end of World War II have US workers suffered such drastic job cuts, but some US industries are actually growing. Accounting, home health care, and software publishing are three fields still considered to be making healthy gains. Manoush Zomorodi reports from New York. See Video

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Labels: Career, financial crisis, Financial Crunch, Job Search
More Bail-Outs like Citigroup Possible Before Bush Leaves
President Bush argued Monday that the government's dramatic rescue of Citigroup was necessary to 'safeguard the financial system' and help the economy recover, and he said there could be more such moves if other institutions need help.
Labels: Bail-out, Citi Bank, financial crisis, Financial Crunch
Citi to get an Additional $20 Billion in Fed bailouB
The government unveiled a bold plan Sunday to rescue Citigroup, injecting a fresh $20 billion into the troubled firm as well as guaranteeing hundreds of billions of dollars in risky assets.
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