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Retail analysts predict a "sea change" in the retail landscape in 2009, with a record number of bankruptcies, closures and vacancies. "The ugly sales year that was 2008 will haunt U.S. retailers in 2009, with industry experts warning that disastrous ...
Read moreNEW YORK: US credit card companies have little to celebrate as many analysts brace for 2009 to be one of the worst years on record for consumer credit. Losses for the industry could top $70 billion, but it is hard to predict how bad the pain will be ...
Read moreNEW YORK - While problems in banks' mortgage portfolios had surfaced some time before, 2008 was the year in which a landslide of deteriorating credit and concerns over capital took down industry stalwarts like Washington Mutual Inc. and Wachovia Corp ...
Read moreNEW YORK— Next year may be an especially difficult one for semiconductor companies, nearly all of which have taken a hit this quarter because of the global credit crisis and economic turmoil. Standard & Poor's Ratings Services said Tuesday it ...
Read moreNEW YORK : While problems in banks' mortgage portfolios had surfaced some time before, 2008 was the year in which a landslide of deteriorating credit and concerns over capital took down industry stalwarts like Washington Mutual Inc. and Wachovia Corp ...
Read moreGUANGZHOU, China, Jan. 6 /PRNewswire-Asia/ -- Guangzhou Global Telecom Inc. (OTC Bulletin Board: GZGT - News ), a mobile phone handset, pre-paid calling card distributor and provider of value-added mobile services in China, wishes to address all ...
Read moreFireman’s Fund Insurance Company is introducing the first coverage for retailers that experience a breach of their payment card security system. A single breach of a payment card security system could cost tens of thousands of dollars in penalties ...
Read moreAs technology makes deeper inroads into our lives global organised crime has also gone high-tech. Auctioning sites are now selling malware and stolen bank card details. Criminals shift from the physical to cyber world due to the relative ease of ...
Read more(Adds TD Ameritrade and Insynergy Investment Management) Jan 6 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, please e-mail moves@thomsonreuters.com. BNP PARIBAS The ...
Read moreWOODLAND HILLS - It used to be your credit cards were safe until you walked into the store, but the nation's largest nonprofit charity is threatening to change all that. The Salvation Army is experimenting with collection drives in which its familiar ...
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