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News & Updates

November 12, 2008
ICGN Sharpens Focus on Governance Ahead of G-20 Gathering

Source: Risk Metrics

The International Corporate Governance Network is calling on key global leaders to consider strengthened governance practices and greater shareholder rights as a means of helping to address the credit crisis. In a Nov. 10...

November 12, 2008
Oil Prices Drop to 20-Month Low

Source: New York Times

Oil prices fell to their lowest level in 20 months on Tuesday, despite efforts by the OPEC cartel to stem the slide, as weak economic growth continued to reduce consumption around the world.

 

 

November 12, 2008
Amyris Opens Pilot Plant to Produce Renewable Diesel Fuel

Source: MarketWatch

Amyris Biotechnologies, Inc. today announced that it has opened its first pilot plant producing No Compromise(TM) renewable diesel fuel. The pilot plant, which was completed in September, is an important milestone for Amyris...

November 12, 2008
Bank of England Signals Rate Cuts Needed as Economy Contracts

Source: Bloomberg

The Bank of England predicted the U.K. economy will contract throughout most of 2009 and inflation will slow below the government's 1 percent minimum unless it cuts interest rates further

November 12, 2008
Obama: Ailing automakers need government aid urgently

Source: Newsday

Barack Obama's meeting with President George W. Bush fueled debate in Washington over whether the government should help the ailing U.S. automobile industry. Obama, speaking with Bush at Monday's White House meeting, talked about...

November 12, 2008
GM Judged Too Big to Fail as Pelosi Embraces Rescue


Source: Bloomberg.com

House Speaker Nancy Pelosi has thrown her support behind the premise that General Motors Corp., the largest U.S. automaker, is too big to be allowed to fail. In urging Congress to enact emergency aid for the ailing auto industry,...

November 11, 2008
Harvard considers cuts as financial crisis hits

Source: MSN Money

Harvard University is looking for ways to reduce spending, its president said on Monday, raising the prospect of cuts to programs and compensation at the world's richest university during the financial crisis.

 

November 11, 2008
A bitter brew for Starbucks

Source: CNN Money

As American consumers rein in spending on non-essentials, coffee-shop operator posts weaker-than-expected earnings

November 11, 2008
Environmentalists look to Obama to limit drilling

Source: Reuters

Environmentalists on Monday applauded an announcement that U.S. President-Elect Barack Obama would consider curtailing oil and gas drilling in some areas, and expressed hope future energy policy decisions would contain more...

November 11, 2008
Conference Board Employment Trends Index (ETI)(tm) Suggests Employers Will Continue to Aggressively Reduce Payrolls Well Into 2009

Source: The Conference Board

The Conference Board Employment Trends Index (ETI)™ continued its steep decline in October. The index fell in October to 105.3, down 1.8 percent from the September revised figure of 107.2, and down almost 12 percent from a year...

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