economy

Troubles Mount For Eastman Kodak; May Not Make One More Year
Eastman Kodak is projected to post a $600 million dollar loss for 2011 and 2012 doesn't look much better.  The once perennial camera company is fighting for it's economic life and experts predict it won't make it another year.
The company said last week it may have to take on more…
Obama’s Diet Pays Off; Gets Clean Bill Of Health
The results of Barack Obama's recent physical have been released.
In a two-page report released by the “first doctor,” Dr. Jeffrey C. Kuhlman gave the president a strong bill of health, saying he was a physically active 50-year-old who eats a healthy diet (the president regularly cites the influence …
First Lady To Publish First Book
Grab a side of french fries and ice cream;  Michelle Obama is getting ready to publish a garden book that describes the vegetable garden that's grown on the South Lawn for the last three years.
First Lady Michelle Obama's book about her garden will be titled American Grown: How the Whi…
The Degradation Of American’s Standard Of Living
Even though the recession has been over since mid 2009, American's are struggling with the lowest standard of living they have experienced in over 50 years.
Bottom line: The average individual now has $1,315 less in disposable income than he or she did three years ago at the onset of the Great R…
Barack Obama’s Teleprompter Stolen
What will he say now?
It appears that Barack Obama's teleprompter and podium has been stolen.
A van containing President Obama's teleprompter and podium were stolen from a Virginia hotel parking lot on Monday, according to NBC12 in Richmond...
Lowe’s Shutting Down Stores, Slowing Future Openings
The flaccid economy continues to present problems for some of the nations largest companies.   With less money available for home improvement-style projects, Lowe's is forced to change their business model.
Home-improvement retailer Lowe’s Cos...
AT&T Bolsters T-Mobile Merger By Donating To Charities
As someone old enough to remember when AT&T was split up in the early 1980's, I find the business cycle interesting:  Here we are again, only this time AT&T is merging with companies to get bigger.
Something else that is interesting is the two dozen charities that have writt…
GAP Closing One-Third Of It’s U.S. Stores
Telling financial news that the economy in the United States is still suffering:  GAP announced that it will close one-third of it's domestic stores by 2013 - while expanding globally.
Although it is shrinking its retail footprint in the U...

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