Fed Ex Cuts Wages and Benefits
Memphis-based Federal Express has announced unprecedented pay cuts for its staff to deal with the struggling economy and recover from the company’s first quarterly loss in over a decade.
Rescue for Detroit
President Bush announced a $17-billion rescue package for Detroit this morning, saying that under normal circumstances he would have let auto companies pay the price of their failure, but it would be irresponsible to let the companies fail when the U.S. economy is struggling. Barack Obama is expected to announce his pick to head the Department of Transportation this afternoon.
“Guerilla” Toy Tester
After tens of millions of toys were recalled last year, the California-based consumer group, the Center for Environmental Health has been heading to toy stores on what The Wall Street Journal calls “guerilla” testing missions.
Road Salt Shortage
As snow storms hit the Midwest and Northeast today, road crews are rolling out to lay down salt. And this year, that salt is costing communities a lot more money.
Oprah Loves the Kindle, but Will You?
An endorsement from Oprah Winfrey goes a long way. Back in October, Oprah praised Amazon.com’s electronic book reader, the Kindle
“A Christmas Story” Franchise
Brian Jones of San Diego turned his love of the holiday classic, “A Christmas Story,” into a thriving business.
