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Monday, 5 January, 2009
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 Your one-sentence market update: afternoon The TSX is making gains with about 2 hours to go in the trading day and is currently sitting at 123 points in the black. Full Story Job losses expected to mount, but silver lining appearing in economy’s black cloud Economists are expecting another large dose of job losses and a sharp rise in the unemployment rate when the numbers for December are released on Friday. Full Story Obama says economy ‘getting worse’ President-elect Barack Obama describes the economy as “bad and getting worse.” Full Story Obama says economy ‘getting worse’ President-elect Barack Obama describes the economy as “bad and getting worse.” Full Story Your one-sentence market update: noon The TSX is gaining ground at the noon hour, spiking to 14 points in the black . . . the Dow, however, is 46 points in the red as investors continue to take profits. Full Story Hyundai: Can’t make car payments? Just return it Can’t make the payments on that new car you just bought? No problem — just return it free of charge. Full Story U.S. Ford, Toyota sales plummet in December Ford Motor Co.’s U.S. sales plummeted 32 percent in December and Toyota Motor Corp.’s fell 37 percent as car and truck buyers continued to steer clear of showrooms due to the dismal economy. Full Story Crystal, china maker Waterford Wedgwood collapses Waterford Wedgwood PLC, the maker of classic china and crystal, filed for bankruptcy protection Monday after attempts to restructure the struggling business or find a buyer failed. Full Story Flaherty meets with banks Finance Minister Jim Flaherty is meeting again with Canada’s big banks this morning to continue discussions over the condition of Canada’s credit markets. Full Story Jobs has hormone imbalance, to remain Apple CEO Apple Inc. founder and Chief Executive Steve Jobs, looking to quell rumors about his health, said Monday his doctors have discovered a hormonal imbalance that has been causing his weight loss. Full Story Don't give up on the home team It can be hard to get past the daily images in the media. Full Story Longtime interest becomes a career It's safe to say the economy will continue to be a major story in the new year, just as it was last year. And it's safe to assume lots of people will lose or change jobs as a result. Full Story Business Buzz LONDON STORE TO GET WRAP Full Story
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