October 22, 2009
The president will reportedly announce a plan to help small banks and businesses.
Washington, D.C. (WiredPRNews.com) – President Barack Obama will reportedly announce new incentives for small banks and businesses on Wednesday. As reported by the Associated Press (AP), Obama is expected to outline incentives for smaller institutions in an effort to reduce foreclosures and stimulate […]
June 11, 2009
The administration will reportedly not impose limits on pay to corporate executives.
Wired PR News – The Obama administration reportedly has no plans to cap the pay of corporate executives. As reported by the Associated Press (AP), despite the belief that excessive compensation has played a significant role in the current financial crisis, such limits will […]
May 13, 2009
Four banks have plans to use sales from common stock to repay government loans.
Wired PR News – Four big U.S. banks are reportedly planning to sell billions in common stock to repay government loans. As reported by Reuters, the banks announced their plans on Monday after tests of the government demonstrated they would be able […]
May 9, 2009
The government’s stress tests have reportedly shown that 10 leading banks will require billions in more capital for sustainability.
Wired PR News – Recent government stress test results of the largest financial institutions in the US have shown 10 would require billions in more capital for sustainability through a deeper recession. As reported by the Associated […]
April 25, 2009
The auto giant may be saved from requiring a federal bailout for survival.
Wired PR News – Ford Motor Co. may have found its saving grace in its restructuring efforts. As reported by the Associated Press (AP), the company’s earnings and new products may help it steer clear of intervention from the government.
Aaron Bragman with IHS […]
April 5, 2009
The company gives away approximately 11,000 free pizzas due to a promotion error.
Wired PR News – Dominos Pizza recently gave away 11,000 free pizzas by accident. As reported by the Associated Press (AP), the pizza giant ended up giving away the mass number of pies due to a promotion code one online customer found that […]
April 1, 2009
Dallas, Texas (WiredPRNews.com) — A new online dating service, BailoutLove.com, was launched today to help scorned, but rich CEOs, find love. Many big company CEOs became rich from government bailouts and taxpayer money, but they are poor when it comes to love.BailoutLove.com changes all that by bringing the world of online dating to the biggest moneymakers in […]
March 19, 2009
The head of the insurance giant stated that executives have begun to return bonuses.
Wired PR News – AIG CEO Edward Liddy testified at a congressional hearing on Wednesday that some executives had begun returning their millions in bonus pay. As reported by the Associated Press (AP), Liddy made limited statements regarding payback of the bonuses, […]
February 8, 2009
Auto suppliers are reportedly in talks to obtain emergency funding for sustainability through the economic crisis.
Wired PR News.com – Auto suppliers in the United States are said to be in talks with the Treasury Department for emergency funding that would keep them afloat while getting past the recession. As reported by Reuters, parts suppliers spoke […]
January 22, 2009
Some favorite consumer car models may be canceled out this year.
Wired PR News.com – Carmakers have resorted to significantly decreasing their product lineups in an effort to reduce costs and increase revenue. As reported in the U.S. News & World Report, six well-known vehicle models are expected to be canceled out this year as automakers […]
