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February 4, 2010
Job outlook uncertain as mood lifts
...medium-sized manufacturer in the industrial Midwest of the US – a sector and a region...central Chicago that produces the industrial motors used in fast-food equipment...consumers. On Monday, the Institute for Supply Management’s gauge of manufacturing...economists is whether this surge in industrial activity will help bolster job... By Hal Weitzman in Chicago and James Politi in Washington
February 5, 2010
Job outlook uncertain as mood lifts
...medium-sized manufacturer in the industrial Midwest of the US - a sector and a region...central Chicago that produces the industrial motors used in fast-food equipment...consumers. On Monday, the Institute for Supply Management's gauge of manufacturing...economists is whether this surge in industrial activity will help bolster job creation... By Hal Weitzman in Chicago and James Politi in Washington
November 28, 2009
Books of the year
...to war and the creation of the modern industrial world. This book is a depiction of bloated power...accounts of what it was like to ride a Saturn V or walk on another world are interspersed...6.99 Growing up gay in the American Midwest is hard enough, but the title character... Introduction by Rosie Blau
5:23am
Honda airbag risk triggers global recall
...in Wednesday’s recall, all of which were built in 2001 and 2002In addition to Accords and Civics, the recall affects CR-V sport utility vehicles, Odyssey vans and Acura TL and CL saloons. Honda said 378,000 vehicles would be recalled in the US... By Jonathan Soble in Tokyo
February 1, 2010
BSkyB v EDS: Why is the case so important?
The case of EDS v BSkyB is by far and away the most important legal case in the IT area for a decade. Not since the 1996 case of St Albans City and District Council v International Computers Limited (which defined whether software was goods... By Dai Davis, IT lawyer and partner at Brooke North LLP
2:00am
Looming commercial real estate crisis offer 'bonanza'
...said: "We've come off the precipice and moved back into more healthy territory."Credit markets had come back sharply in a V-shaped recovery, he said. "It was the best period for buying distressed debt we have seen . . . 18 months ago we were backing... By Martin Arnold in Berlin
December 31, 2009
Year-end winning streak for equities tails off
...Further evidence of the improved outlook for the US economy came from data showing that business activity in the US Midwest had expanded far more than expected in December. The Chicago Business Barometer, also known as the Chicago PMI...Tenev at Barclays Capital. "Today's solid Chicago PMI supports our above-consensus forecast for the Institute for Supply Management [national] manufacturing index, released on Monday, to increase to 55.5 in December from 53.6...high for the year on Monday after a six-session run of gains but then began running out of steam. The Dow Jones Industrial Average and the Nasdaq edged towards highs for the year, although they ended little changed. The Vix index of equity... By Dave Shellock
January 21, 2010
Wall Street sell-off led by financials
...cent. After dropping more than 2 per cent, the S&P 500 closed 1.9 per cent lower at 1,116.48. The Dow Jones Industrial Average lost 2 per cent to 10,389.88 and the Nasdaq was 1.1 per cent lower at 2,265.70. The financial sector...narrower loss than analysts had been expecting but said it was still struggling with a high number of loan defaults. The Midwest region has been hard-hit by the subprime mortgage crisis. Keycorp’s shares surged 5.5 per cent to $7.34... By Samantha Pearson in New York
4:36pm
Apollo predicts ‘bonanza’ in commercial property
...ve come off the precipice and moved back into more healthy territory.” He said credit markets had come back sharply in a V-shaped recovery. “It was the best period for buying distressed debt we have seen, perhaps in our careers... 18 months... By Martin Arnold in Berlin
December 13, 2006
AirTran $290m offer for Midwest rejected
...unsolicited, yet friendly”, and hoped Midwest would reconsider the offer, which could...bid represents a 37 per cent premium to Midwest’s 30-day average closing price...upsetting the delicate balance between supply and demand which has returned some pricing...which it said would be used to replace Midwest’s less fuel-efficient MD-80s... By Doug Cameron in Chicago