Archive for February, 2007
Asia stocks tumble - except China
Nikkei loses 2.9% Wednesday in reaction to worldwide selloff, but indexes in Shanghai and Shenzhen, which triggered declines, end up nearly 4%.
Buy, sell or hold?
Tuesday's selloff on Wall Street on worries about growth at home and abroad, notably China, left investors around the world wondering if this is just a blip or the start of a more prolonged downturn.
Oil lower on stock market weakness
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Correction: 50 Best business schools for getting hired
Last week, CNNMoney.com published "Top 50 Business Schools for Getting Hired."
Will changing jobs mean losing health insurance?
Dear Annie: I've been very successful as a salesperson at the same company for several years now, but I'd like to change jobs because there's not much chance for advancement here. The problem is that my son was diagnosed with a serious, chronic medical condition about six years ago, and I'm worried that if I change jobs, my son's illness will be flagged as a pre-existing condition and will not be covered under my new employer's health plan. Is it appropriate to ask about this in a job interview? -Stuck Here for Now
Toyota to build new SUV plant in Mississippi
Toyota Motor Corp. will build sport utility vehicles in Mississippi, Gov. Haley Barbour announced Tuesday, creating roughly 2,000 jobs and making it the automaker's fifth U.S. assembly plant.
Nasdaq paces Wall St. skid
U.S. stocks tumbled at Tuesday's open, buffeted by a big selloff in China and a weak report on durable goods orders, among other factors.
No more wire hangers!
Dan Baker had been almost 34 years at Laidlaw in Monticello, Wis., the last six as plant manager, when Tim Allen, the president, called from headquarters in Scottsdale one day last fall with bad news: The new owners were shutting down the factory and moving it to China. "He wanted me to tell everybody," says Baker. "I told him, 'Well, I don't think it's my job. But if you're not going to tell them, I will.' He decided to come, then."
Solar wunderkind sees bright future
In the past couple of years privately held SunEdison, the biggest supplier of solar energy in the U.S., has built mini-power plants in about 200 locations, supplying juice for clients like Staples, Costco, Whole Foods Market and California State University at Chico.
Durable goods orders plunge
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