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  • Layoffs Continue to Grow—Is Your Firm on the List? Tuesday, 16 Dec 2008 | 6:01 PM ET
    Crowd of people on the street

    Drugmaker Bristol-Myers Squibb became the latest big company to announce layoffs, saying it will eliminate another 10 percent of its work force through 2010.

  • Layoffs Continue to Grow—Is Your Firm on the List? Friday, 12 Dec 2008 | 12:04 PM ET

    This week brought a slew of layoffs, including Dow component Bank of America, which said its planned job cuts may grow to 35,000 over three years after it completes its purchase of Merrill Lynch.

  • Japan Announces New Economic Stimulus Package Friday, 12 Dec 2008 | 5:48 AM ET
    Japanese Flag

    Japanese Prime Minister Taro Aso on Friday announced a new stimulus package to shore up his country's economy, with measures to spur employment, encourage lending and inject capital into financial markets.

  • Dow Sheds 2.7% as More Firms Cut Outlooks Tuesday, 9 Dec 2008 | 4:28 PM ET

    Stocks declined Tuesday as more layoffs and lowered outlooks zapped the momentum out of the recent rally.

  • Pros Say: Jump on Santa Rally — Then Buy Energy Tuesday, 9 Dec 2008 | 4:05 PM ET

    An auto industry bailout package seems inevitable Tuesday — and the dollar and U.S. stocks are riding the expectation higher. The news continued to be glum for small business owners struggling with the recession and retailers, whose holiday sales may be even weaker than expected. But top analysts told CNBC they expect a Christmas-New Year's Eve rally and see an energy stock recovery in the works.

  • Where the Layoffs Are—Is Your Firm on the List? Tuesday, 9 Dec 2008 | 1:49 PM ET

    Sony became one of the latest companies to announce layoffs in attempt to rein in costs and weather the weak economy.

  • Stocks Turn Mixed as Techs Tick Higher Tuesday, 9 Dec 2008 | 1:25 PM ET

    Stocks moved off their lows and turned mixed, helped by a smaller-than-expected decline in October pending-homes sales and a rally in big-cap tech shares

  • Stocks Move Off Lows And Turn Mixed Tuesday, 9 Dec 2008 | 10:13 AM ET

    Stocks moved off their lows and turned mixed, helped by a smaller-than-expected decline in October pending-homes sales and a rally in big-cap tech shares

  • Jobs: Going And Going And Going Tuesday, 9 Dec 2008 | 9:11 AM ET

    Sony said it would cut 16,000 jobs, half full-time and half part-time. That’s about 4 percent of its full time workforce. Their music players are facing tough competition from Apple and flat-screen TV sales have been declining.

  • Microsoft's Xbox Sees Big Green on Black Friday Monday, 1 Dec 2008 | 8:20 PM ET

    I've been covering the massive Consumer Electronics Show in Las Vegas for longer than I care to remember. Before that, it was Comdex. I've been doing this for the better part of 15 years, and I've seen my fair share of stunning developments at the show.

  • Predictions: 9 For '09 From Dennis Kneale Monday, 1 Dec 2008 | 2:12 PM ET

    Brace for the glimmerings of a comeback in confidence in 2009, if only because it can’t get much worse than this. So, look for a corporate smashup, a new look from Goldman Sachs, and, yes that's right, the next bubble.

  • Electronic Firms Show Downturn In Consumer Spending Friday, 28 Nov 2008 | 9:35 AM ET

    All eyes will be on the retailers today, as stores hope that consumers will line up for Black Friday bargains despite the current economic gloom. The weaker economic conditions continue to bring down corporate Q4 and full-year forecasts.

  • More Losers Than Winners This Year Friday, 21 Nov 2008 | 3:53 PM ET
    Shoppers rush to get in line outside of the Best Buy early Friday, Nov. 24, 2006, in Jackson, Miss., to take advantage of the Black Friday bargains. (AP Photo/Rogelio V. Solis)

    Discount and dollar stores are back in fashion and back in the black. Just about everyone else has his back to the wall.

  • Xbox Vs. PlayStation With Netflix Caught In The Middle Wednesday, 19 Nov 2008 | 3:14 PM ET
    Netflix

    It's a big day for Netflix with the service going live on Microsoft's Xbox 360 platform. But there's one big thing lacking and you can thank the heated rivalry between Sony and Microsoft for it and I'm getting an earful from some of you.

  • Bond Should Take "Quantum" Leap At Box Office Friday, 14 Nov 2008 | 3:57 PM ET
    Quantum of Solace

    James Bond always manages to race in, driving an Aston Martin, to save the day. This weekend we're sure to see 007 kill the box office. The latest in the Bond franchise, "Quantum of Solace", from Sony and MGM could be bigger than any other Bond film. Despite the global economic downturn it's already a huge hit overseas.

  • Video Games Buck Slowdown Trend in UK Friday, 14 Nov 2008 | 3:42 AM ET

    As investors search for "recession-proof" investments, they may find buying opportunities in video games, once a realm dominated almost exclusively by teenage boys.

  • Circuit City Files for Chapter 11 Bankruptcy Monday, 10 Nov 2008 | 9:45 AM ET
    A Circuit City store in Richmond, Virginia.

    Circuit City Stores, the No. 2 U.S. consumer electronics retailer, filed for bankruptcy protection Monday just a few weeks before the start of the key holiday shopping season, becoming the largest retailer to file under Chapter 11 this year.

  • Hottest Digital Cameras for Your Budget Wednesday, 29 Oct 2008 | 2:02 PM ET
    There's no escaping the ubiquitous digital camera these days. It's big business now more than ever, with industry leaders Canon, Nikon and Sony duking it out for global supremacy. Whether you're looking for a quick-to-capture point-and-shoot or the top-of-the-crop pro DSLR, click ahead to see which models offer what you're looking for in a new camera. We grouped them into four categories: > > > >

    Whether you're looking for a quick-to-capture point-and-shoot or the top-of-the-crop pro DSLR, click ahead to see which models offer what you're looking for in a new camera.

  • Busch: U.S. Not Doing A Great Job In Credit Crisis Friday, 24 Oct 2008 | 1:46 PM ET

    The equity market collapse began in the Far East as Sony shares slide 14 pct after they issued a profit warning. The electronics maker cut its profit forecast in half as the strong Japanese yen and the ongoing credit crisis is hurting demand for its cameras and flat TVs.

  • Tokyo, Seoul Head Asian Market Train Wreck Friday, 24 Oct 2008 | 5:02 AM ET
    Stock investors watch stock movement at a stock exchange in Chengdu, China.

    Asian markets were massacred Friday, led by South Korea's 10.6% plunge  and Japan's 9.6% tumble, as the global economic slowdown slashed earnings prospects for an array of companies.