76354 results returned for search: "" category "Business"
You can literally worry yourself sick about money. With the stock market and the job market down in the dumps, many people are, too.
Medical professionals are reporting increasing levels of the kinds of behaviours and ailments that accompany high anx...
DATE: Feb 28, 2009
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — MetLife Inc., the biggest US life insurer, was downgraded by Standard & Poor's as the rating firm cut 10 companies in the industry on concern that losses on bonds and mortgage holdings will rise.
"The pressures within the life ...
DATE: Feb 27, 2009
|
CATEGORY:
Other
|
STIRLING, Scotland (Reuters) - The British economy needs a massive fiscal stimulus of as much as £90 billion to stop unemployment hitting 10 percent this year, Bank of England arch dove David Blanchflower said.
Stepping well away from the traditional...
DATE: Feb 27, 2009
|
CATEGORY:
Other
|
WASHINGTON (AP) — President Barack Obama's first budget is based on economic assumptions that are significantly higher than the forecasts of many private economists, which could make it harder to reach his goal of cutting the deficit in half by the e...
DATE: Feb 27, 2009
|
CATEGORY:
Other
|
WASHINGTON (AP) — Mortgage finance company Fannie Mae said yesterday it needs $15.2 billion in government aid to make up for losses from the slumping US housing market.
The mortgage finance company, seized by federal regulators in September, posted a...
DATE: Feb 27, 2009
|
CATEGORY:
Other
|
Souvenir store The Bee's Knees Ltd. is to close next week with the loss of two jobs.
The owner, who asked not to be named, said the lack of cruise ships in Hamilton meant the business was no longer sustainable.
"Although we will have a ship coming to...
DATE: Feb 27, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
NEW YORK (AP) — This time, health care stocks bore the brunt of investors' wrath. Health insurers and drug companies, some of the better performers on Wall Street lately, led the market lower yesterday after the White House proposed cutting payments ...
DATE: Feb 27, 2009
|
CATEGORY:
Other
|
The US Government plans to slash federal subsidies for crop insurance given to both insurance companies and farmers.
The proposal was outlined in yesterday's Budget statement drawn up Presdident Barack Obama's administration.
Several Bermuda insuranc...
DATE: Feb 27, 2009
|
CATEGORY:
Other
|
LONDON (Reuters) - British house prices fell by a bigger-than-expected 1.8 percent in February for a record annual decline of 17.6 percent, figures from mortgage lender Nationwide showed yesterday.
The 15th consecutive monthly fall took the price of ...
DATE: Feb 27, 2009
|
CATEGORY:
Other
|
Two transportation companies and an insurer lost ground to push The Royal Gazette / Bermuda Stock Exchange (BSX) to its lowest level since December 2003.
Bermuda Aviation Services Ltd. (BAS) suffered the biggest fall, as its share price plunged 19.2 ...
DATE: Feb 27, 2009
|
CATEGORY:
Other
|
