Once-Trendy Crocs Could Be on Their Last Legs
washingtonpost.com — Crocs were born of the economic boom. Then the boom times went bust, and Crocs went to the back of the closet. The company had expanded to meet demand, but financially pressed customers cut back. Last year the company lost $185.1 million, slashed roughly 2,000 jobs and scrambled to find money to pay down millions in debt. More…
NY Spending 1M to Explain How Stimulus Money is Being Spent
wgrz.com — It's now a much smoother ride along Transit Road in Cheektowaga after stimulus dollars paid to pave the way. But not all the federal funds went to the new blacktop. Statewide, nearly $1 million will be spent on signs designed to inform the public of stimulus projects. More…
Is the recession over?
blogs.moneycentral.msn.com — Once again, economic observers are coming forward to declare that the recession is over. But what about the still-increasing unemployment rate and the still-dour retail climate? Pfft, they say. Ignore those numbers and break out the party hats. So are these guys right? Let's examine the evidence. More…
Forbes.com CEO Jim Spanfeller Steps Down
mediamemo.allthingsd.com — Forbes.com CEO Jim Spanfeller, who has run one of the Web's biggest finance sites for the last nine years, is leaving the company at the end of the summer. No replacement has been named. Spanfeller's departure comes amid a flurry of bad news for finance publications. More…
How Credit Card Companies Are Getting Meaner
consumerist.com — What's going on inside the minds of credit card companies now that the CARD act is coming down the pike? A customer service supervisor for a major credit card company emailed us to give us the low-down: reduced grace periods, cutting credit lines, increased fees on balance transfers, and, of course, jacked up APRs. Here's the details. More…
20 Jobs That Are (Much) Better or Worse Than You Thought
focus.com — If you're looking for a career change or are just interested in what other kinds of jobs are out there, start investigating the job market by taking a look at this list of 20 jobs that are either much better or much worse than you might have thought. More…
Taxing Pot Would Generate $1.4 Billion in California
blogs.ocweekly.com — President Obama, Governor Schwarzenegger and other esteemed politicos may routinely distance themselves from the potential windfall that would accompany legalizing and taxing cannabis, but amid California's latest and deepest financial crisis the state Board of Equalization has tagged a whopping revenue figure to such a notion. More…
Amtrak Unveils First Rail Car Funded by Stimulus
abcnews.go.com — This Shiny Amtrak Car Brought to You by... You. Amtrak has wasted little time using its $1.3 billion slice of the federal stimulus package, unveiling the first of 81 passenger cars to be restored with the help of economic recovery funds. More…
Millions of U.S. workers will get raises w/minimum wage hike
bloggingstocks.com — Those who are concerned that the minimum wage is getting too high should digest this statistic: in real, inflation-adjusted terms, the new minimum wage will still be below the $9 per hour minimum wage of the late 1960s. More…
Congress approves $173 million to fly to rural towns
fe15.story.media.ac4.yahoo.com — The legislation approved by a House Appropriations subcommittee would give $173 million in the upcoming budget year to the Essential Air Service, which provides subsidies to small airlines to fly unprofitable routes. That's a $53 million increase. More…
Digg is now on Boxee
Digg is coming to a city (and computer) near you! Check out all the details on our