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Clear Channel to cut almost 600 jobs

Yesterday, Clear Channel Communications Inc. announced that it would be cutting 590 jobs from its current employee roster. The cuts include some on-air employees. This is on top of news that CC Media Holdings Inc, Clear Channel’s parent company, announced that employee 401(k) matching would …

GM, Chrysler could merger…if the government forces them to

GM and Chrysler said today they would be willing to reconsider a merger, if the government mandated it as a condition of the bailout, they may or may not get.
If I were a Chrysler executive I would not have wanted this information to leak at …

Red Lobster and Olive Garden to raise prices

If you love Red Lobster or the Olive Garden or both, you will soon begin to notice a slight increase in the cost of your favorite dishes.
Each year the parent company of both Red Lobster and Olive Garden said they raise prices 2 – 3 …

United Airlines has a “strange” day.

Yesterday a Tribune paper, the South Florida Sun-Sentinel, ran a six year old story on the internet from the Chicago Tribune. The problem with the story is that the news was UAL, parent company of United Airlines, was filing for bankruptcy.
Around 11 …