Big ticket items first to go, while services are scaled down
Economic woes have 73 percent of consumers cutting back on household expenditures, according to the Consumer Technology Pulse released today by the University of Maryland’s Robert H. Smith School of Business and research firm Rockbridge Associates, Inc. Findings show that consumers are postponing purchases [...]
Index Rises 12 Points; Short-Term Outlook Improves Substantially
The Conference Board Consumer Confidence Index(TM), which had posted a slight increase in March, improved considerably in April. The Index now stands at 39.2 (1985=100), up from 26.9 in March. The Present Situation Index increased to 23.7 from 21.9 last month. The Expectations Index rose to 49.5 [...]
As Nissan enters its 2009 fiscal year, the company has introduced a new management and operational structure for the Americas designed to capitalize on synergies across the region while focusing on individual market and consumer needs.
Carlos Tavares, Chairman of the newly reconfigured Management Committee-Americas, described the integrated plan for growth in the region as a [...]
Idea exchange on pressing issue to feature corporate financial accounting professionals, industry officials and association experts
Despite the issuance of an SEC ‘roadmap’ for the potential use of the financial statements prepared in accordance with international financial reporting standards (IFRS), much discussion continues about this possible move. One of the largest questions — “Is Now [...]
The global property world is turning its attention to Asia with investors hoping 2009 will be the year to begin picking up potentially ‘undervalued’ assets ahead of regional economies emerging from the global financial crisis, say the organisers of Cityscape Asia, an annual real estate exhibition and conference to be held in Singapore during 19-21 [...]
Even with President Obama’s efforts underway, take greater responsibility for your credit
President Obama’s push to get more consumer protection for credit card holders won’t happen overnight. Even if and when changes occur, the Illinois CPA Society reports there are obvious steps people should already be taking to manage their credit. They offer these ten [...]
450-foot long “unique” machine used in Arrowhead Inland Feeder project is at auction site for preview by interested bidders
Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world’s largest industrial auctioneer, is selling a single shield 450-foot long, 820-ton, self-propelling, hard rock tunnel boring machine (TBM) with trailing gear at an upcoming three-day unreserved auction [...]
Presentation of the 2009 International Transport Forum Programme, the World’s Leading Transport Sector Meeting, bringing together 52 Ministers and Top Business Leaders in Leipzig
“Difficult times require new thinking,” said the Secretary General of the International Transport Forum (ITF) Jack Short in Berlin on Friday, “Because in the face of the current economic downturn, global [...]
RSE Corporation and Rick Levin & Associates, Inc. will conduct a large auction of seized and forfeited property on behalf of the U.S. Department of the Treasury.
Other agencies that are participating include: U.S. Customs & Border Protection, Immigration & Customs Enforcement, Internal Revenue Service and Secret Service. Proceeds from the auction are returned to [...]
With small and family businesses facing tough challenges in today’s economy, Massachusetts Mutual Life Insurance Co. (MassMutual) has introduced an online guide tailored to help businesses weather the downturn. The company’s Business Boosters Guide shares key strategies to help business owners navigate the current recession and lay the groundwork for future success.
One third of small [...]