http://onlinebusinesssurvey.com News Business Finance Tue, 06 Jan 2009 17:29:38 +0000 http://backend.userland.com/rss092 en President-elect Barack Obama’s economic stimulus package will include hundreds of billions of dollars worth of tax breaks for individuals and businesses, according to a transition official and Democratic aides. Obama is asking that tax cuts make up 40 percent of a stimulus package, the people say. The ... http://onlinebusinesssurvey.com/obama-said-to-push-for-tax-cuts-in-stimulus-plan/ As 2009 approaches, plummeting oil prices have sent the price of gasoline to the lowest level in nearly five years, according to a daily survey of gas station credit card swipes.Gas prices fell for the tenth consecutive day Monday, according to motorist group AAA. Regular unleaded fell to ... http://onlinebusinesssurvey.com/gas-nears-5-year-low/ Japan’s economy may shrink at an annual 6.5 percent pace this quarter, Bank of America Corp. said after reports last week showed industrial production and exports posted the biggest declines on record. Gross domestic product in the three months ending Dec. 31 will decline more than the ... http://onlinebusinesssurvey.com/japan%e2%80%99s-gdp-may-shrink-65-this-quarter-bank-of-america-says/ When the Chrysler plant in Newark, Del., shut its doors on Dec. 19, more than 1,000 workers there suddenly joined the ranks of the unemployed. At least they will be able to get unemployment insurance. Most jobless workers can't. Across the United States, ... http://onlinebusinesssurvey.com/unemployment-insurance-isnt-all-its-said-to-be/ Belgian business confidence declined to a record low in December as the global financial crisis pushed Europe’s economy deeper into a recession. The confidence index for Belgium, whose government is reeling from a crisis surrounding the state-organized breakup of Fortis, plunged to minus 31.3 from minus 23.7 ... http://onlinebusinesssurvey.com/belgian-business-confidence-declines-to-record-low/ OTTAWA–In a precedent-setting judgment, the Supreme Court of Canada has written that executives who run a company have a primary duty to do what is best for the corporation, not necessarily its shareholders or its bondholders. Canada's top court has ruled against the idea that the interests of ... http://onlinebusinesssurvey.com/corporate-interests-come-first-court-rules/ The OPEC cartel agreed on Wednesday to reduce production by 2.2 million barrels a day, the group's largest cut ever, in an effort to put a floor on falling oil prices. It is the third time producers have agreed to reduce their output in three months. Since ... http://onlinebusinesssurvey.com/opec-to-slash-oil-production-in-bid-to-stem-price-slide/ Bank of England policy makers voted unanimously to cut the benchmark interest rate to 2 percent this month and refrained from a bigger reduction on concern it may prompt about an “excessive” drop in the pound. The Monetary Policy Committee, led by Governor Mervyn King, voted 9-0 ... http://onlinebusinesssurvey.com/boe-voted-9-0-for-interest-rate-cut-to-2-in-december/ The clock with the lavender plastic rim on the back wall of H&H Convenience is an hour and 18 minutes fast. This means nothing to Almaz Nebai. She tells time by the front door.Starting at 4:30 p.m., it opens every few minutes. That lasts three hours. After that, every ... http://onlinebusinesssurvey.com/tough-times-for-mom-and-pop-corner-stores/ TOKYO– Sony Corp. is slashing 4 per cent of its worldwide workforce, reining in spending and shutting plants as it tries to ride out a looming worldwide recession that is battering Japan's export-reliant manufacturers. Tokyo-based Sony, which is cutting 8,000 of its 185,000 jobs, said yesterday it will ... http://onlinebusinesssurvey.com/sony-to-cut-8000-jobs-shut-plants/