Bridesville.net Web News Archive

Car industry pleads for help (AFP via Yahoo! News) - Struggling carmakers, slammed by recession and tumbling car demand, need urgent assistance from the government's upcoming budget next month, industry body SMMT pleaded on Thursday.

Obama: Current US auto industry unsustainable (AP via Yahoo! News) - President Barack Obama says the current model for the U.S. auto industry is unsustainable and the Big Three manufacturers will have to change their ways.

Housewares industry views recession as opportunity (Reuters via Yahoo! News) - Recession-weary consumers are staying at home more and going out less, a trend the $300 billion housewares industry is counting on to boost demand for kitchen gadgets and the tools to clean.

Hedge Funds: Industry says it didn't cause crisis, but accepts regulatory fate (Market Watch) - Hedge funds and other private investment firms weren't the main cause of the current financial crisis, but they shouldn't be exempt from tighter regulation of financial markets, representatives of the $1.5 trillion hedge fund industry say.

Cattle industry 'can't sustain' ETS costs (ABC via Yahoo!7 News) - The new president of the Northern Territory Cattlemen's Association says he will be fighting to stop carbon trading schemes from sending the beef industry into the red.

Regional Briefs: Tobacco industry wins Florida case (Winston-Salem Journal) - A jury in Florida has found in favor of the tobacco industry in one of the first lawsuits filed after a decision in 2006 by the Florida Supreme Court that decertified a class-action lawsuit but allowed former class members to file individual lawsuits.

Claremont job cuts reflect industry (Contra Costa Times) - Hotel and resort laying off 77 workers as lodging industry feeling brunt of recession

Blumenthal will not give industry free hand in standards (ZDNet) - Blumenthal's point is that the success of health IT reform depends on changing the health care industry's business model. Blumenthal will play a key role in trying to make that happen. If critics were wondering who might replace Tom Daschle as point man for the President's health reform effort, Dr....

Apparel Industry In Valley Worn Out by Troubles (San Fernando Valley Business Journal) - The local apparel industry is fighting for its very survival. “I think it’s a no-go kind of year,” said Rob Greenspan, partner at accounting firm Moss Adams LLP, which has offices in Woodland Hills. Greenspan’s practice area is the apparel industry.

Trade minister, industry wary of southern trade skirmish (The Canadian Press via Yahoo! Canada News) - OTTAWA - The Canadian government and the export industry are watching nervously as a trade war brews between this country's NAFTA partners.