InfoAnda - Feb 17 Highlights Of Low Points In U.S. Economy

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Home | News Briefs | U.S. | World | Celeb Buzz | Entertainment | Sports | Business | Health | Sci / Tech | Politics | Weird & Offbeat Feb 17 Highlights Of Low Points In U.S. Economy February 17, 2009 8:14 p.m. EST Linda Young - AHN Editor Washington, D.C. (AHN) - Tuesday brought news of more layoffs around the country. Even real estate mogul Donald Trump has had a rough time in this economy. Trump announced Friday he was stepping down as chairman of Trump Entertainment Resorts, the casino operating group. On Tuesday, Trump Entertainment Resorts reportedly filed for Chapter 11 bankruptcy protection in a Camden, NJ court. California Gov. Arnold Schwarzenneger said he would mail layoff notices on Tuesday to 20,000 state government employees because the state legislature failed to pass a budget by the Monday night deadline. State lawmakers need a two thirds majority to pass the budget. Sticking points center on the need to raise taxes, as well as slash spending, to close a $42 billion budget gap. California's state government reportedly might avoid layoffs if even one Republican switches sides and votes for the budget. Here is a roundup of some of the most recent lay offs around the country. Vehicle steering systems manufacturer Delphi Steering, the steering division of Troy-based Delphi Corp., announced 775 workers - 425 hourly and 350 salaried - will be laid off in the next few weeks. Pork processor Smithfield Foods will close six plants around the nation and lay off 1,800 employees, including 760 workers at its Plant City, FL facility in September. Florida has been hard-hit by the recession and its unemployment rate is already running above the national average, so absorbing almost half of Smithfield's layoffs won't help. Hotel company Gaylord Entertainment Co. announced it has cut 350 jobs, about half of that number was in Nashville, TN, where the company is headquartered. Farm implement maker Deere & Company announced it was revising the number of employees it placed on indefinite lay off at its John Deere Davenport Works this month upward from 190 to 200 workers. Municipal government West Warwick, RI's West Warwick School Committee announced it expects authorization Tuesday afternoon to send out layoff notices to 188 teachers, slightly more than half the district's teachers. Under state law, notices must be sent by March 1 in order for teachers to be laid off the next school year. District officials say they still hope to receive enough funding to avoid having to actually lay off that number of teachers. Tiremaker Bridgestone Americas Tire Operations announced it will lay off 67 workers at its Bloomington, IL on March 1. Home builder Winchester Homes of Bethesda, MD will lay off 60 workers this spring because of sagging home sales. Federal Reserve Bank of Richmond will lay off 55 workers at its Baltimore, MD, facility in April as part of ongoing consolidation of operations. Retail shelf, fixture and display manufacturer Lozier Corp. announced it will lay off 43 employees at its Omaha, NE, plant plus cut work hours for an additional 800 employees from 40- to 32-hours per week. Watchmaker Fossil Inc., announced it will layoff an undisclosed number of workers representing a $16 million payroll savings, which is 9 percent of its payroll costs. Fossil is also freezing hiring, bonuses and raises, citing slumping sales. Municipal government Haverhill, MA will lay off 13 to 15 employees, the mayor told City Council members Monday. Cuts include one or two firefighters and a police officer. Copyright © 2003 - 2009 AHN - All rights reserved.Redistribution, republication. syndication, rewriting or broadcast is prohibited without the prior written consent of AHN.License AHN news for your website, business, digital signage network or publication. Home | News Briefs | U.S. | World | Entertainment | Sports | Business | Health | Sci / Tech | Politics | Weird / Offbeat © 2009 AHN Client Login | Submit News | Privacy Policy | Terms of Use | Contact | Content Services All Rights Reserved

Other News on Wednesday, 18 February 2009
Clinton calls for coordinated economic response | International |
Israel's Peres to meet parties before naming premier | International |
Al Qaeda figure surrenders to Saudi authorities: TV | International |
ElBaradei says Iran, Syria not cooperating enough | International |
Angola wants to end practice of child labor | International |
Chipmakers seek growth in small devices | Technology |
Salesman Claim Robbers Stole $300,000 In Dog Jewelry At Denver Area Starbucks
Mobiles to have same charging socket by 2012 | Technology |
SEC Charges Stanford Companies With Multi-Billion Fraud
Hillary Clinton Says U.S. Still Weighing Possible Myanmar Policy Changes
DTV coupon backlog seen gone within weeks | Technology |
Trend Micro unveils anti-virus software for routers | Technology |
Verizon plans on-demand hosting service | Technology |
U.S. stimulus crucial for smart grid: industry | Technology |
TiVo, EchoStar return to court over patent fight | Technology |
France vintner turns to Internet tastings | Technology |
Verizon considers $5 limited service phone plan | Technology |
Don Johnson sues over Nash Bridges revenue | Entertainment |
Salesman Claim Robbers Stole $300,000 In Dog Jewelry At Denver Area Starbucks
Peres to begin talks on new Israel government
Afghans turn new page as U.S. sends more troops | International |
Syria says expects Obama to send ambassador soon
North Korea faces sanctions if missile tested: South | International |
Oscar Predictions 2008
Obama sending 17,000 troops to Afghanistan
Kyrgyz parliament to vote on Thursday on U.S. base | International |
British, Afghan troops in Taliban drugs swoop: ministry
Israel's Peres to meet parties before naming premier | International |
Oscar Predictions 2008
Palestinians says Israelis launch Gaza air strikes
Clinton calls for coordinated economic response | International |
Trump Entertainment Files Chapter 11, Again
GM, Chrysler ask for 21.6 bln dollars in more US loans
U.S. to decide in weeks, "not months" on Iraq troop cuts
Kanye West Dishes About Fashion, Jay-Z, After Grammys
Cleric leads peace march through Pakistan's Swat | International |
US states may axe executions to cut costs
Oscar Predictions 2008
Iran cooperation poor, but slows nuclear growth says IAEA
Andean glaciers 'could disappear': World Bank
Oscar Predictions
Qaeda claims abductions of Westerners in W. Africa: TV | International |
Sudan and Darfur rebels agree to hold peace talks
17,000 US troops to Afghanistan: Obama
Rascal Flatts Being Sued For Copyright Infringement
Hostile forces stirring up China jobless: official | International |
Iran still not cooperating on nuclear programme: IAEA chief
Chrysler seeks five billion dollars more in government bailout
Unexploded bombs go missing in Gaza Strip
Sudan in 'turning point' deal with Darfur rebels
Indonesia opens peatland forests for palm oil
World Bank warns of climate change in Andes
Andean glaciers 'could disappear': World Bank
Obama orders 17,000 U.S. troops to Afghanistan
Syria's Assad welcomes better ties with US: interview
U.S. general wants troop cut plans in Europe dropped
Obama To Deploy 12,000 More Troops To Afghanistan
US military deaths in Iraq war at 4,245
Trump Entertainment Files Chapter 11, Again
Obama sending 17,000 troops to Afghanistan
Samsung asks U.S. panel to ban Kodak camera imports
General Motors, Chrysler Unveil Recovery Plans To Government
Obama OKs about 17,000 more troops for Afghanistan
Alcatel, Ericsson seen as Verizon upgrade vendors
Feb 17 Highlights Of Low Points In U.S. Economy
Hundreds of US TV stations going digital overnight
Bush's Refusal To Pardon Libby Caused Permanent Rift With Cheney
Howls of protest greet tango email
President Obama Signs $787 Billion Stimulus Package Into Law
Wall Street Slides On Concerns Of Global Recession
Green tech blossoms in tough Silicon Valley climate
Pelosi To Meet With Pope Benedict During Congressional Trip To Italy
Nuclear subs didn't know they'd hit each other
U.S. stimulus crucial for "smart grid": industry
Berlusconi lawyer Mills guilty of taking bribe
Trend Micro unveils anti-virus software for routers
Verizon plans on-demand hosting service
DTV coupon backlog seen gone within weeks
Lance Armstrong urges Twitter ranks to find stolen bicycle
Samsung asks U.S. panel to ban Kodak camera imports
Mobiles to have same charging socket by 2012
Alcatel, Ericsson seen as Verizon upgrade vendors | Technology |
Cambodia's KRouge trial debates atrocity film
Samsung asks U.S. panel to ban Kodak camera imports | Technology |
Rights group reports protests among Tibetans
Weather forecast for the Asia-Pacific region
"Hostile" forces seen stirring up China jobless
Hollywood studios, actors revive contract talks
Indonesia opens peatland forests for palm oil
Don Johnson sues over "Nash Bridges" revenue
Slow progress in "Killing Fields" torturer's trial
Oscar: Hollywood's golden mystery man
Clinton off to Indonesia in next leg of Asia trip
Oscar voters wrestle with best actor choice
Evangelical church leaders detained in China
Sri Lankan rebels deny child recruitment: report
Gay couple jailed in Hong Kong for visa fraud
From rock bottom to red carpet: Oscars comeback kids
SKorean minister confirms delay in EU trade talks
Winslet ready to end Oscars losing streak
Pakistan's July-Jan c/a deficit widens to $7.754 bln
Kate Winslet's elusive Oscar finally within reach | Entertainment |
Kate Winslet's elusive Oscar finally within reach
China vows to keep yuan's value stable
Oscar voters wrestle with best actor choice | Entertainment |
Black Eyed Peas set a date for "The E.N.D."
S.Korean won falls for 7th straight session
Black Eyed Peas set a date for The E.N.D. | Entertainment |
Vegas convention business gets recession blues
Seoul shares end down 1.2 percent as banks fall
Rapper MC Hammer finds new reality on A&E | Entertainment |
Danny Gokey wows 'American Idol' judges
Q+A
Brosnan producing feature on renowned photographer | Entertainment |
Oscars telecast goes for bold as viewers stray
China promises to keep exchange rate steady
Hollywood studios, actors revive contract talks
CHRONOLOGY-South Korea tackles financial, economic crisis
It's a family affair for Pitt and Jolie at Oscars
Vietnam hikes electricity prices by 9 percent
Review: `Eleven Minutes' is only skin deep
Clinton heads to Indonesia
Venezuela, China boost economic ties
Hollywood studios, actors revive contract talks | Entertainment |
Reality TV fashion stars find rough road to runway | Entertainment |
Judge rejects Polanski's bid to reopen sex case | Entertainment |
Barbara Walters, Steve Kroft bearish on TV news | Entertainment |
Israel sets soldier's release as truce condition
Israel links Gaza deal to soldier's release
Israel links Gaza deal to soldier's release | International |
Don Johnson Sues "Nash Bridges" Over Unpaid Royalties
Iraq museum row shows turf wars as violence fades
Gary Collins Charged With His Third DUI
European equities slide further
Killing Fields lawyers clash over torture jail film | International |
Unexploded bombs gone missing in Gaza: UN
Israeli cabinet links Gaza truce to soldier release
Germany drafts bank takeover law
Zimbabwe court refuses to throw out Bennett case | International |
Iran mosque blast causes no casualties
Coldplay, Duffy headline Brit Award nominees
Pope tells Pelosi: Catholics cannot back abortion | International |
Israel strikes Hamas, border tunnels: military
ECB 'backed wrong horse' in Stanford deal
US-led strike killed Afghan civilians: police
Iraq museum row shows turf wars as violence fades | International |
Japan PM job in danger as voter ratings fall | International |
AP Interview: EPA to rule on global-warming risk
Cinematographers use tech to bring visions to life | Technology |
Obama to unveil mortgage foreclosure plan
Assad: Syria wants better ties with US
Nvidia says Intel pact applies to next-gen | Technology |
Environmental Groups Probe Chemical Content Of Cleaning Products
US-TECH Summary
Obama signs most 'sweeping' stimulus bill in US history
OH Secretary Of State Brunner, Lt. Gov. Fisher Announce Bids For U.S. Senate
BlackBerry maker settles case with SEC
California Republicans Oust State Leader Over Support For Temporary Tax Hikes
Census Bureau Hobbled By Lack Of Director
Facebook Turns Around Privacy Terms
Republicans Welcome President's Decision To Deploy 12,000 Troops To Afghanistan
Guadeloupe strike turns violent
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Obama to Unveil Foreclosure Plan Wednesday
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Radical Muslim cleric can be deported to Jordan: ruling
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Clinton eyes deeper SE Asia ties on Indonesia trip
US general visits Afghan bomb site for death claim
Showbiz employment outlook troubling: report | Entertainment |
China hits out at Philippine bill on Spratly claims
China warns of unrest among jobless migrants
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Japan PM job in danger as voter ratings fall
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China says to support IT and electronics sectors amid downturn
Red Cross sends food aid to Sri Lanka war zone
Thai cabinet approves $54 bln spending plan
Philippine veterans told to apply for US benefits
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