The jobs website Careerbuilder.com reports nearly one in five workers said they plan to celebrate the holiday with coworkers. The survey asked workers who they would rather spend Thanksgiving with, and only 1 percent answered coworkers. Ninety percent said family. The remaining 9 percent answered neither.
Originally published on Tue November 22, 2011 3:29 am
Hewlett-Packard announced its quarterly earnings were down 90 percent from the previous quarter. The company is going through big changes. It just spent most of its cash on an acquisition, took on $4 billion of debt and named Meg Whitman as the new CEO.
Lawmakers have spent much of this year struggling to reach a deal that could get budget deficits under control. But the problem has been developing for at least a decade.
Young voters might not be familiar with the government of the year 2000 — at least not by its balance sheet. The economy: booming. Tax revenue: rolling in. Expenses for war: none. And to top it off, there was a $200 billion surplus.
MF Global is the securities firm run by Wall Street veteran and former New Jersey Gov. Jon Corzine. The firm filed for bankruptcy protection last month after making bad bets on European government bonds. A trustee was appointed to wind down the company.
The head of Egypt's ruling military council said the transfer of power to a civilian government would come no later than July, but that if the people demanded it, he would allow a referendum that could make the shift even sooner.
In his address, Field Marshal Hussein Tantawi sought to cast the military as the nation's foremost patriots and angrily denounced what he called attempts to taint its reputation.
"People and the armed forces are together," he said in the 10-minute speech.
Within the Republican presidential field, no one has talked tougher about China than Mitt Romney. He has vowed to go after that country from his first day in office, threatening to slap tariffs on Chinese imports to make up for its artificially low currency.
"We can't just sit back and let China run all over us," Romney said. "People say, 'Well, you'll start a trade war.' There's one going on right now, folks. They're stealing our jobs. And we're going to stand up to China."
In Louisville, Ky., local businessman John Timmons is trying to figure out what's next after selling music for more than a quarter of a century.
Timmons owned ear X-tacy records for 26 years here. The shop closed at the end of October. On a recent visit, dead roses, farewell notes and other mementos are taped to the glass doors. Fans of the shop have also been slipping notes of support under the door.
Originally published on Tue November 22, 2011 5:49 am
In rural India, deep in Punjab — about 90 minutes from the Pakistani border — getting clean drinking water is a challenge. Well water often has high levels of dangerous chemicals. Surface water is contaminated with pesticides and agricultural waste.
Getting adequate health care is equally challenging. Government hospitals are often far away, and lines are long.
Here, in places like a dusty rural town called Rajiana, a 2-year-old company called Healthpoint Services is trying to figure out how to bring clean water and health care to rural communities on a global scale.