Blogging about staff cuts is particularly prevalent in Silicon Valley, where companies feel pressure to break bad news on their own blogs so that they can better control the message.

Reuters - Stock index futures were little changed on Tuesday after Democrat Barack Obama decisively won the U.S. presidency, eliminating uncertainty over who will guide the world's largest economy through what may be a protracted recession.

Reuters - Oil fell more than 2 percent to below $69 a barrel on Wednesday, reversing part of the previous day's surge after Democrat Barack Obama's victory in the U.S. Presidential election gave a boost to the dollar.

Reuters - Barack Obama swept to the White House on Tuesday, leading a Democratic electoral land slide that expanded the party's majorities in both chambers of Congress.

Risk models used on Wall Street failed to keep pace with the growth in complex securities, experts say.

Wall Street had its largest Election Day rally in 24 years as millions of American voters went to the polls.

Stock markets across Asia rose on Wednesday after an election-eve rally on Wall Street, with European shares set to track Asian shares even higher.

Shares in Asia make gains following the election of Democrat Barack Obama as the next US president.

French bank BNP Paribas sees quarterly profits more than halve after it takes a 1.992bn-euro charge to cover bad debts.

Fashion retailer Next reports a fall in sales and expects business to continue to be poor next year as a recession looms.

Drinks giant Carlsberg plans to close its historic brewery site in West Yorkshire with the loss of 170 jobs.

Reuters - Stock index futures fell on Wednesday after Democrat Barack Obama decisively won the U.S. presidency.

Reuters - U.S. consumers slashed spending in October, shunning purchases of items over $1,000, as a global financial crisis battered their savings accounts and their psyches, according to figures released on Wednesday by SpendingPulse, the retail data service of MasterCard Advisors.

Reuters - Oil fell more than 3 percent toward $68 a barrel on Wednesday, reversing part of the previous day's surge after Democrat Barack Obama's victory in the U.S. Presidential election gave a boost to the dollar.

Reuters - Retailer Mervyn's LLC may pay accrued vacation to its fired employees if its closing-down sales raise enough cash to pay off its debt to Wachovia Corp , the Wall Street Journal reported, citing a court hearing.

European stocks tumbled in early trading Wednesday, following a rally in Asia, as investors studied the implications of Barack Obama?s election as president.

Regulators approved use of a slice of radio spectrum in hopes that it will lead to improved Internet access.

Shares in Asia see strong gains following the election of Democrat Barack Obama as the next US president.

Rail and bus operator FirstGroup says half-year revenues are up 57%, helped by people switching to public transport.

Reuters - A raft of European bank results did little to lift the gloom on Wednesday, with a recurring trend of falling profits and rising provisions stemming from the global financial crisis.

Reuters - Oil fell 4 percent to below $68 a barrel on Wednesday, reversing some of the previous day's steep surge, after Barack Obama's victory in the U.S. presidential election boosted the dollar.

Risk models used on Wall Street failed to keep pace with the growth in complex securities, experts say.

European stocks tumbled in early trading after a rally in Asia as investors studied the implications of Senator Barack Obama?s election as president of the U.S.

Time Warner, the media conglomerate, posted a higher-than-expected third-quarter profit, helped by strong advertising sales and a summer blockbuster movie.

The world's largest steelmaker, ArcelorMittal, says it will double planned output cuts in the fourth quarter to 30%.

Farmers are borrowing money at record levels as higher food prices encourage them to buy land and new machinery.

Broadcaster ITV predicts that the current economic slowdown will hit TV and online advertising in 2009.

Reuters - Stock futures were down on Wednesday, pointing to a lower open on Wall Street, as investors focused on the difficult immediate tasks facing President-elect Barack Obama.

Reuters - Time Warner Inc posted a higher-than-expected third-quarter profit, helped by strong advertising sales at its cable networks including CNN, and the summer blockbuster movie 'The Dark Knight.'

Reuters - Bond insurer Ambac Financial Group reported a much bigger third-quarter loss, hurt by heavy investment write-downs and market losses.

AFP - European stock markets endured heavy falls in early trading on Wednesday while Asian shares closed sharply higher after Democrat Barack Obama was elected US president.

GMAC, the finance company partly owned by General Motors, lost $2.52 billion in the quarter, hurt by the housing slump and vehicle lease write-downs, and said that its mortgage unit may not survive.

Ireland's unemployment rate reaches a decade high of 6.7%, according to official figures.

French oil group Total reports a 35% rise in third-quarter profits despite a recent 5% fall in production.

History suggests that stock markets will prosper under new US president Barack Obama.

Reuters - Wall Street opened lower on Wednesday a day after Barack Obama won the presidency as investors turned their focus back to concerns on the weakening global economy.

Reuters - Finance company GMAC LLC lost $2.52 billion in the third quarter, hurt by the housing slump and vehicle lease writedowns, and said its mortgage unit, one of the nation's largest home loan providers, may not survive.

Reuters - Bond insurers MBIA Inc and Ambac Financial Group reported large third-quarter losses on Wednesday, hurt by further writedowns and limited new business.

Reuters - Time Warner Inc posted a higher-than-expected third-quarter profit, helped by strong advertising sales at its cable networks including CNN, and the summer blockbuster movie 'The Dark Knight.'

AFP - Retailers in the 15 countries using the euro saw demand slip less than expected in September despite the worst financial crisis for generations, official EU data showed on Wednesday.

With the presidential election over, investors once again faced the reality of a economic slowdown, pushing markets lower.

The move, which came after antitrust regulators raised objections, leaves Yahoo scrambling for a plan for growth.

Regulators approved use of a slice of radio spectrum in hopes that it will lead to improved Internet access.

Like its rivals in China, Japan and Russia, ArcelorMittal, the world?s largest steel maker, is moving to reduce capacity as global demand wanes.

Google announces it is ending its plan for an advertising partnership with Yahoo to avoid a battle with regulators.

GMAC Financial Services reports an increased third-quarter loss and warns its mortgage business Rescap may struggle to survive.

Reuters - Wall Street trimmed some losses on Wednesday, a day after Barack Obama won the presidency, even after economic data showed the U.S. service sector shrank unexpectedly in October.

Reuters - The private sector jobs market deteriorated rapidly in October while the service sector contracted sharply as the worst financial crisis in 80 years hammered the world's largest economy.

Reuters - Finance company GMAC LLC lost $2.52 billion in the third quarter, hurt by slumps in the housing and auto markets, and said its Residential Capital LLC mortgage unit may fail.

Reuters - Wal-Mart Stores Inc is holding special in-store sales this Saturday as the world's largest retailer looks to win over U.S. shoppers in what could be the toughest holiday sales season in nearly two decades.

Hotels, construction firms and retailers saw business shrink in October as slower spending and declining employment sent the service sector into contraction, a trade group reported.

The nation?s biggest carrier said that it would charge some passengers to check their first bag, but that it was eliminating the fuel surcharges for tickets using frequent-flier miles.

The pharmacy benefits manager said its third-quarter profit rose 38 percent on higher prices for brand name drugs and new clients, topping Wall Street forecasts.

IAC/InterActiveCorp said it swung to a third-quarter loss because of expenses related to the former Internet conglomerate?s split into five publicly traded companies.

The maker of Coors Light and Blue Moon said it earned $173.2 million, but the results missed expectations.

First-quarter profit rose 15 percent to $230 million as the maker of Hillshire Farm deli meat benefited from a weaker dollar and raised prices to help offset rising commodity costs.

The United States government plans to sell bonds worth $55bn next week in an effort to finance its bank rescue programme.

Reuters - Stock indexes fell three percent on Wednesday as worries about the weakening economy returned to center stage just a day after the historic U.S. presidential election.

Reuters - Google Inc canceled plans for a search advertising partnership with Yahoo Inc amid opposition from antitrust regulators and advertisers, Google's chief legal officer said in a blog posting on Wednesday.

Reuters - U.S. House Speaker Nancy Pelosi said on Wednesday she will try to push an economic stimulus plan through Congress in a special post-election session.

The $29 billion package approved on Wednesday is a bid to unlock more than twice that amount in investments and help the world?s biggest exporter weather a worldwide slowdown.

Reuters - Lehman Brothers Holdings Inc Chief Executive Richard Fuld will step down from that post by year's end, and will not claim any severance or bonus when he departs, a spokesman for the bankrupt financial firm said on Wednesday.

Reuters - A Yahoo Inc spokesman said on Wednesday there was no truth to a rumor that it would announce a deal with Microsoft Corp on Wednesday.

Reuters - The Treasury confirmed on Wednesday it is actively considering additional programs to strengthen financial institutions under its $700 billion Troubled Asset Relief Program.

Hopes for a post-election Wall Street bounce were dashed as investors took profits and dealt with another round of bleak economic news.

Barack Obama?s victory in Tuesday?s presidential election was in many ways a repeat of Ronald Reagan?s win 28 years ago.

With business slowing and every dollar important to their bottom line, some merchants are pushing for changes.

The company announced first-quarter net income of $2.2 billion, edging past Wall Street expectations.

Wall Street shares plummet the day after the US presidential election as concerns remain about the economy.

Reuters - Cisco Systems Inc warned that its revenue could fall as much as 10 percent in the current quarter as the economic downturn spreads to Europe and Asia, and its shares fell about 6 percent.

Reuters - Rupert Murdoch's News Corp cut its full-year outlook and posted a sharper-than-expected 30 percent drop in quarterly profit, as advertising revenue declined at its local television stations.

Reuters - Wells Fargo & Co on Wednesday said it plans to sell at least $10 billion of stock to help fund its purchase of Wachovia Corp , which will create the fourth-largest U.S. bank by assets.

The move, which came after antitrust regulators raised objections, leaves Yahoo scrambling for a plan for growth.

Green Equity Investors V has bought 17 percent of the grocery chain for $425 million, sending shares up nearly 22 percent.

Like its rivals in China, Japan and Russia, ArcelorMittal, the world?s largest steel maker, is moving to reduce capacity as global demand wanes.

News Corporation said its first-quarter net income fell 30 percent from a year ago because of a large write-down and a drop in ad revenue at its TV stations.

Representatives dealing with primary-care products will feel the brunt of the cutbacks, as Glaxo, like many drug makers, is losing sales of older products to generic competitors.

Gloomy figures on the UK's manufacturing and services sector underscore calls for an aggressive cut in interest rates.

Why Google put another nail in Yahoo's coffin

Is the worst yet over for the world's airlines?

Reuters - Cisco Systems Inc warned that its revenue could fall as much as 10 percent in the current quarter as the economic downturn spreads to Europe and Asia, and its shares fell about 6 percent.

Reuters - Wells Fargo & Co said on Wednesday it plans to sell at least $10 billion of stock to help fund its purchase of Wachovia Corp , which will create the fourth-largest U.S. bank by assets.

Reuters - Rupert Murdoch's News Corp cut its full-year forecast and posted a worse-than-expected 30 percent drop in quarterly profit because of falling TV advertising. Shares dived 12 percent.

Like Ronald Reagan 28 years ago, Barak Obama must make decisions that cause short-term pain in order to combat long-term economic problems.

The heads of Chrysler, Ford and G.M. and the president of the United Automobile Workers are set to meet House Speaker Nancy Pelosi over aid for the companies.

Even as financial turmoil has cut into sales at many stores, it sent consumers into the arms of Wal-Mart.

The credit crisis is affecting the cost ? and the ability ? of importers to find trade finance.

Reuters - Cisco Systems Inc Chief Executive John Chambers warned that revenue could fall as much as 10 percent in the current quarter as an economic downturn spreads from the United States to Europe and Asia.

Reuters - Toyota Motor Corp's annual operating profit will miss the 1 trillion yen ($10.2 billion) mark, more than halving from a year earlier due to slow sales worldwide, the Tokyo Shimbun daily reported on Thursday.

A look at crucial economic issues that will test the Obama administration, and how the new president might address them.

The first clues are emerging that Wall Street pay will plummet this year ? but perhaps not enough to satisfy the financial industry?s critics.

The Bush administration?s response to the notion of closer international coordination of the financial system is likely to disappoint some European countries, who had been calling for regulation.

Although newspapers printed extra copies in anticipation of higher sales, demand far exceeded supply.

Ads tying into the end of the presidential race appeared surprisingly quickly.

From couture to jewelry to designer furniture, building a ?lifestyle brand? that isn?t cartoonish.

Some doctors are eager to make a deal on Botox, and facial and body operations.

News Corporation?s first-quarter income dropped while Time Warner?s situation was brighter.

This is Season 3 of the Siege of the NFL Network, a standoff that probably will not change this year.

Richard Li, the Hong Kong tycoon, is moving ahead with efforts to buy out minority shareholders in the company PCCW.

The new administration?s top priority should be to put in place emergency plans for the financial markets and the broader economy.