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GM CEO Henderson Resigns
Wall Street Journal News
Tuesday, 01 December 2009
GM said its chief executive, Frederick 'Fritz' Henderson, has resigned and will be replaced on an interim basis by board chairman Edward E. Whitacre Jr.
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Media Executives, FTC Discuss Journalism in Internet Age
Wall Street Journal News
Tuesday, 01 December 2009
At an FTC workshop on the future of journalism, agency chief Jon Liebowitz discussed possible ways to help preserve news organizations. Media executives, meanwhile, debated the pros and cons of free access to journalistic content.
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Steelmakers Downsize Once Again
Wall Street Journal News
Tuesday, 01 December 2009
U.S. steelmakers are shutting down plants that were spared in earlier recessions, looking to create a smaller, more efficient industry.
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Courier-Journal parent Gannett furloughs, USA Today cuts
Kentucky News
Tuesday, 01 December 2009
Gannett Co. Inc.?s community newspaper division, which includes Louisville's daily newspaper, The Courier-Journal, will require a one-week furlough for most of its employees during the first quarter, as the publishing giant continues to trim costs amid declining advertising revenue. (GCI)
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Factory Sector Grows More Slowly
Wall Street Journal News
Tuesday, 01 December 2009
U.S. factory activity grew at a slower pace in November, the ISM reported, but data suggest the sector is still recovering. Construction spending was flat in October.
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Job Cuts Loom as Stimulus Fades
Wall Street Journal News
Tuesday, 01 December 2009
Highway-construction companies, having completed many stimulus projects, are starting to see business dry up, an ominous sign for unemployment.
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U.S. Opts for Accelerated Surge
Wall Street Journal News
Tuesday, 01 December 2009
Obama has ordered an 18-month surge of 30,000 troops into Afghanistan, after which the administration will set a withdrawal timetable.
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