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10 Products That Boomed During the Recession
Behold the damage the recession has wrought on the consumer economy: Retailers and automakers have gone bankrupt, restaurants have closed, and malls have become ghost towns. Most businesses dependent on consumer spending, from clothing to computers to appliances, have felt the pinch.
Nations:U.S.
2009-10-21
Starbucks to sell value-meal pairings for $3.95
NEW YORK - Starbucks Corp., which is trying to refashion its image as a more recession-friendly coffeehouse, offered more details Monday on the breakfast "pairings" it will sell beginning March 3.
Nations:U.S. Activities:2008 U.S. Recession Source:(AP)
2009-02-09
Starbucks launches first China-sourced coffee
BEIJING (AFP) - Starbucks has launched its first coffee to be made with beans grown in China, the company said.
Nations:China Malaysia Source:(AFP)
2009-01-15
Stocks plunge for third straight session
NEW YORK - An increasingly despondent Wall Street fell for the third straight session Wednesday as investors absorbed another series of dismal corporate reports and news that the government won't buy banks' soured mortgage assets after all. The Dow Jones industrials dropped more than 410 points, and all the major indexes lost more than 4 percent.
People:Henry Paulson Activities:U.S. Markets
2008-11-12
Consumer spending worries send stocks lower
NEW YORK - Wall Street got another dose of painful reality Tuesday and sent stocks diving as investors recognized that few industries are safe from the consumer spending slump -- whether they're building homes, making cars or selling coffee. The Dow Jones industrial average lifted off its lows of the day, but still closed down nearly 180 points.
Activities:U.S. Markets Global Financial Crisis
2008-11-11
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