Business

Recession brings with it problems like high taxes, low profits, sharp and sustained losses, bankruptcies and suicides. There is a temptation to pretend that it is only a temporary phase--and will go--but it is not. So when the inevitable happens, one is advised to make business “recession proof”.

Los Angeles, CA, November 19 -- A recent study by the Graduate School of Management at the University of California, Davis, has revealed that women hold only 10.6 percent of positions in the state’s biggest companies this year.

The new bill makes provision for builders suffering losses in 2008 and 2009 to claim refunds from the tax paid in the previous five years.

Tokyo, November 12 -- Treasury Secretary Timothy Geithner said Wednesday that it is “very important” for the country’s economy to maintain a strong dollar to reduce its fiscal deficit.

Connecticut, November 3 -- In what may be termed as a marriage among equals, the two largest U.S. toolmakers, Stanley Works (NYSE: SWK) and Black & Decker Corp (NYSE: BDK), have decided to join hands and get together.

When American investors think of tobacco greatness, Altria (NYSE: MO) and Philip Morris International (NYSE: PM) are the first companies to come to mind. But based on recent performance, British American Tobacco (NYSE: BTI) should definitely be moving into the mix, following the interim management report the company released on Wednesday.

Toronto, October 1 -- During last month, auto sales of Ford Motors (Canada)(NYSE: F) were good and the company bucked the overall downward trend in auto industry.

Chicago -- Grain futures closed sharply lower Friday with selling prompted by a continued lack of weather forecasts calling for frost.

North Charleston -- Workers at Boeing Co.'s 787 Dreamliner factory in South Carolina voted Thursday to go non-union, the aircraft maker said.

Washington -- A congressional committee monitoring the U.S. financial firm bailout said it was unlikely the government would recoup its investment in the auto industry.