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Monday, November 23, 2009

For the Hotel Industry, Recovery is a Long Way Off
New York Times
2009-11-23 17:18:12 PST
IN these uncertain economic times, I am wary when I hear someone proclaiming, "We have finally bottomed out." After all, who knows how long we may stay on the bottom? So that's why I urge caution in evaluating small recent indicators that might mean better times ahead for the hotel industry. Read More »
A Nonbeliever Makes a Case Against Tempting Fate
New York Times
2009-11-23 17:18:12 PST
I MIGHT run a network that focuses on science fiction and the extraordinary, but I'm a very practical guy. Read More »
Hewlett-Packard's Profit Rises, With China's Help
New York Times
2009-11-23 17:18:12 PST
The Hewlett-Packard Company posted a 14 percent increase in quarterly profit on Monday despite an 8 percent decline in revenue, helped by a strong performance in China and improved profit margins in its services business. Read More »
U.S. Says Lockheed Must Pay Part of F-35 Cost Overruns
New York Times
2009-11-23 17:18:12 PST
The Pentagon's top acquisition official said on Monday that Lockheed Martin , the prime contractor for the new F-35 fighter jet, would have to cover part of the increased costs of the huge program. Read More »
Regulators Push Safety Standards for A.T.V.'s
New York Times
2009-11-23 16:38:12 PST
Inez Tenenbaum, chairwoman of the Consumer Product Safety Commission, in red suit, inspects a test drive of a Chinese-made all-terrain vehicle. Read More »
A Price War Brews Between Amazon and Wal-Mart
New York Times
2009-11-23 16:38:12 PST
Ali had Frazier. Coke has Pepsi . The Yankees have the Red Sox. Now Wal-Mart , the mightiest retail giant in history, may have met its own worthy adversary: Amazon.com . In what is emerging as one of the main story lines of the 2009 post-recession shopping season, the two heavyweight retailers are waging an online price war that is spreading ... Read More »
More consumers make credit card payments on time in 3Q
The Baltimore Sun
2009-11-23 16:15:06 PST
In this Wednesday, Nov. 4, 2009, photo, a shopper pulls a credit card from her wallet to make a purchase at the checkout at the Best Buy in Mechanicsburg, Pa. Read More »
Survey sees slow jobs recovery in early 2010
Boston Globe
2009-11-23 16:04:51 PST
The joblessness that has weighed down the economic recovery will slowly start to abate in 2010, economists say, but they predict consumers will continue to keep a tight rein on spending, according to a survey. Read More »
HP's profit up 14 pct despite sales drop
PhillyBurbs.com
2009-11-23 16:03:57 PST
Hewlett-Packard Co. says cost cutting helped its profit jump 14 percent in the latest quarter despite an 8 percent revenue decline. Read More »
GM sues over millions spent on steering repairs
WGTU
2009-11-23 15:48:32 PST
General Motors says it's costing tens of millions of dollars to repair shaky steering columns in its best-selling small car and other models. Read More »