Filed Under (Business News) by Fred Chan on 25-02-2009
NEW YORK/SAN FRANCISCO, Feb 24 (Reuters) – San Francisco
may lose its main newspaper, the San Francisco Chronicle, as
owner Hearst Corp cuts a “significant” number of jobs and
decides whether to shut or sell the money-losing daily.
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Filed Under (World Economy) by Fred Chan on 25-02-2009
President Barack Obama opened his first speech to a joint session of Congress by telling the nation “we will rebuild, we will recover, and the United States of America will emerge stronger than before.”
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Filed Under (World Economy) by Fred Chan on 25-02-2009
Federal Reserve Chairman Ben Bernanke said he’s hoping the recession could end later this year, but he cautioned that a full economic recovery will take “more than two or three years.”
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