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As MSNBC noted, if you go by historical figures, September is typically the worst month for stocks. While most people would think October would be the worst month for stocks (think Black Monday and Black Tuesday), September is often the worst month for Wall Street …

Yesterday, United Kingdom airline British Airways, who has seen the largest one-year loss since being privatized in 1987, asked employees to save the company money by working for free. Naturally, a struggling company would try to save money wherever possible, but that might be a …

Memphis based FedEx will be grounding 14 planes from its fleet due to the economy starting May 31. It will reduce costs by $180 million.  It hopes to get more fuel-efficient, newer aircrafts for its fiscal year 2010 which starts on June 1.
FedEx should be …

Nissan is looking at its first yearly loss in nearly 9 years. The loss is expected to be around $2.9 billion U.S. or 265 billion yen. In response to the loss and the poor economic conditions, the auto maker is planning on cutting 20,000 jobs. …

After being $2.8 billion in the hole for 2008, the United States Postal Service is looking at ways to cut costs for 2009. One way the agency has come up with is to cut delivery from 6 days a week to 5.
Cutting back on delivery …