So You’re Saying Unemployment Fell?
February 7, 2010 · Leave a Comment
From the
Bureau of Labor Statistics comes this employment synopsis for January 2010.
It turns out the unemployment rate fell from 10% to 9.7% in January and non-farm payrolls were unchanged.
Employment fell in construction, transportation, and warehousing.
Temporary help services and retail trades added jobs however.
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Muzak Emerges from Chapter 11
February 3, 2010 · Leave a Comment
On Monday Muzak Holdings LLC announced that it has completed its financial restructuring and has emerged from bankruptcy protection.The company, which provides background music programming is heard in stores, office buildings and on-hold phone systems, filed for Chapter 11 bankruptcy protection in Delaware a year ago to refinance heavy debt. The Fort Mill, S.C., company said it has significantly improved its balance sheet, reducing its outstanding debt by more than half and realigning its organizational structure to improve its clients’ experience. In a prepared statement Stephen Villa, CEO of Muzak, was hopeful for the post-reorganization future of the company, saying:
As we move into the future, our strengthened capital structure provides us with the renewed ability to invest in new talent and technology that will allow us to provide new offerings and further enhance the first class products and services that our clients have come to expect from Muzak
Insert Muzak joke here …
Copyright 2010 The Associated Press.
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Sony Bravia NX800 HDTV
February 2, 2010 · 1 Comment
If Apple made TV's they would look like the Sony Bravia NX800 HDTV ($2,300-$3,500 available March 2010).
Full HD 1080p, edge LED-backlit LCD screen ranging from 46-60-inches, Motionflow 240Hz technology to ensure smooth on-screen motion, integrated Wi-Fi, and ambient light sensor, Internet Video and Internet Widgets, Bravia Engine 3 video processor, and support for photos, music, and video playback via USB and DLNA.
Now that's what I call a Valentine Day's gift.
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Banks Choking the Life out of Small Businesses?
February 2, 2010 · Leave a Comment
By contrast, not a single loan officer reported tightening standards for big businesses, and a small percentage will actually be loosening standards. Exactly the reverse. Read the Full Story on Business Insider»
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