China’s exports fall for first time in seven years

BEIJING: China’s exports fell in November for the first time in seven years as global demand weakened, data showed on Wednesday, adding to pressure on Beijing to reverse a worsening economic slump and avert heavy job losses. The November trade surplus widened to a new monthly record of $40.1 billion as exports fell 2.2 per [...]

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Let Someone Else Take Your Calls

If you are running a business, you hope to be busy all the time: making sales, connecting with people, planning … doing the work! Even with mobile phones you cannot be in a position to take every phone call that comes through to your business. But if you miss a call, you might be missing [...]

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Outsource everything

Outsourcing might seem like a necessary evil – a cost-cutting strategy that guts quality control and invites theft of both intellectual and physical property. But outsourcing makes Paul Carpenter’s business work.
"There’s no reason we should do it all," he says. "We do what we’re best at – and have other firms handle the rest." [...]

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Circuit City files for bankruptcy

NEW YORK (CNNMoney.com) — Circuit City Stores Inc., the No. 2 electronics seller after Best Buy, filed for bankruptcy protection Monday, thus becoming the latest retailer hurt by a worsening economic downturn.
According to the company’s Chapter 11 filing with the U.S. bankruptcy court in Richmond, Va., Circuit City (CC, Fortune 500), which currently has 566 [...]

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Geithner Sees ‘Durable’ Signs of Greater Confidence in Markets

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By Rebecca Christie and Peter Cook
July 16 (Bloomberg) — Treasury Secretary Timothy Geithner said there are “durable” signs that financial markets are on the mend, while repeating that the U.S. must not withdraw its stimulus measures before an economic recovery is entrenched.
“We’re seeing durable signs of greater confidence” in markets, Geithner said in an [...]

July 16, 2009

American Express inks outsourcing deal with HP EDS

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HP’s services company EDS wins five-year technology contract to manage desktops, voice and data networks
EDS Monday announced it had landed a five-year technology services deal to manage desktops, voice and data networks for American Express. The financial terms were undisclosed.
American Express signed the deal with EDS, an HP company, in December 2008 and reported [...]

July 6, 2009

Smart grid, broadband appear in $825 billion ’stimulus’ plan

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Posted by Declan McCullagh
House Democrats on Thursday revealed details of a massive legislative effort they said would inject new life into a flagging U.S. economy, thanks to a combination of $825 billion in tax cuts and new government spending.
The sprawling, 258-page draft bill includes $32 billion in electric power upgrades, sometimes known as "smart [...]

January 15, 2009