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Weak Retail Sales Fuel Recession Fears

2024-12-11 07:07:56| eWEEK Technology News

Retail sales fell unexpectedly in December to close out the weakest year at the cash register since 2002, the strongest signal yet that the economy may be sliding into recession under the weight of a housing and credit crisis.


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Lessons From General Motors' Fall from the Top

2024-12-11 07:07:54| Baseline Update

Failure to innovate will cost companies more than just revenue. It has the potential of permanently surrendering market share and perception in consumers.


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Apple Execs Get Bonuses, Jobs Still at $1

2024-12-11 07:07:54| Baseline Update

Several senior executives at Apple Inc took home 2007 cash bonuses that doubled their salaries but Chief Executive Steve Jobs maintained his annual pay of $1 and took no additional compensation.


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