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Showing posts with label bankruptcy. Show all posts
Showing posts with label bankruptcy. Show all posts

Wednesday, May 20, 2009

Big changes in store for US credit cardholders

Every American with a credit card will see sweeping changes in the market, with limits on sudden hikes in interest rates that drive consumers deeper into debt. Even cardholders who pay off their balance each month may face new annual fees or lose out on lucrative rewards programs...

http://news.yahoo.com

Tuesday, May 12, 2009

General Motors may file bankruptcy, leave Detroit


General Motors is open to considering moving its headquarters from Detroit, selling off U.S. plants and even renegotiating parts of its restructuring plan with its major union, the new chief executive said Monday..

www.cnbc.com

Tuesday, May 5, 2009

WELCOME TO AMERICA: Hundreds of thousands of jobs have vanished forever. Millions of people who were fired or laid off will find it harder..


Hundreds of thousands of jobs have vanished forever in industries such as auto manufacturing and financial services. Millions of people who were fired or laid off will find it harder to get hired again and for years may have to accept lower earnings than they enjoyed before the slump..

www.bloomberg.com