Financial news on March 07, 2009
Business and Financial news
Salaries and benefits for about 85 percent of the company’s employees in the U. S. were discontinued, a court-appointed receiver announced. Read more..
The retailer of women’s business attire said its fourth-quarter loss widened as consumers pared spending on clothes amid the recession and the company took a $286.6 million write-down. Read more..
A few shrewd decisions now can lower tax bills under the 39 percent rate President Obama proposes. Read more..