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Oil price goes below $50 a barrel
Oil prices have fallen below $50 a barrel amid growing fears over a global recession and lower demand for oil.
Rolls-Royce plans 2,000 job cuts
Aircraft engine maker Rolls-Royce says it plans to cut between 1,500 and 2,000 jobs in 2009, including 140 in the UK.
POPULAR PINCKNEY DJ OFFERS PARTY PLANNERS NEW OPTION
PINCKNEY, MI – November 2, 2008
DJ SOUNDS
Robert Kliemann
734-878-1940
djsounds@djsounds.org

When Michigan's economy started to sag, long-time Pinckney mobile disc jockey, Bob Kliemann, felt compelled to answer the concerns of his clients. Many could no longer afford to pay his standard rates, or simply didn't need an emcee. They just needed music. So Bob put on his inventor's cap and gave a new twist to a popular old favorite: the jukebox!

Visit the Michigan Blog!
Putin vows to prevent 'collapse'
Russia's prime minister vows to prevent another financial "collapse" in the country, referring to the crises in the 1990s.
Steven Madden Beats the Street, Boosts Forecast
In a quarter when retailers are posting some very ugly numbers, there seems to be one bright spot, Steven Madden.
Cancel that Ferrari order! Top banks axe bonuses for their executives
UBS and Goldman Sachs will not pay bonuses to their top executives in 2008, the banking giants reveal.
Pakistan asks IMF for rescue loan
Pakistan has asked the International Monetary Fund for a loan of at least $7.6bn, its top economic adviser says.
The Deal: Free Money, Step Right Up
Offer someone free money with no strings attached, they'll attach themselves to a conga line to get to you and your money.
Bernanke Leaves Door Open to Further Rate Cuts
Warning that financial markets remain under "severe strain," Federal Reserve Chairman Ben Bernanke pledged Friday to work closely with other central banks to fix global financial problems and left open the door to a fresh interest rate cut to help brace the sinking U.S. economy.
Skype sees WiMAX as business opportunity, says COO
October 27, 2008 ( www.MichiganPR.net )

During his visit to Taiwan, Skype COO Scott Durchslag noted that Skype is looking to extend its business operations from PCs to mobile communication devices, with WiMAX being one technology that afford the company potential business opportunities for Skype VoIP services.

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CEOs Urge at Least $300B in Next Fiscal Stimulus
Chief executives of leading U.S. companies called for a fiscal stimulus package worth at least $300 billion and urged president-elect Barack Obama to swiftly name his economic team.
Meet the Most Power Person in America: Henry Paulson
Right now, Treasury Secretary Henry Paulson may be the most powerful person in America – and there’s a lot of discontent about that.

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