June 2, 2009
The two corporations are taken out of the stock index on Monday.
Wired “PR News – A surprising move was made by the Dow Jones industrial average Monday. As reported by Reuters, once well respected corporations General Motors (GM) and Citigroup have been removed from the index and will be replaced by Cisco Systems Inc. and […]
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 […]
March 13, 2009
The Dow ended Tuesday with a 379 point gain.
Wired PR News – After weeks of devastating losses, the Dow Jones Industrial Average ended Tuesday on a relatively high note. As reported by the Associated Press (AP), the index posted a 379 point gain at Tuesday’s close, the highest for the year. The performance is attributed […]
February 21, 2009
Banks have begun charging individuals who receive unemployment benefits for use of their benefits debit card.
WiredPRNews.com – Many are taking issue with new bank policies that call for the imposition of fees for individuals who collect unemployment benefits. As reported by the Associated Press (AP), thirty states have deals in place with banks including Bank […]
February 14, 2009
JPMorgan and Citigroup make plans to stop foreclosures.
Wired PR News.com – JPMorgan Chase & Co. and Citigroup Inc. have announced plans to stop foreclosures on homes as the current administration works to provide relief for homeowners. As reported by the Associated Press (AP), Chief Executive of JPMorgan, Jamie Dimon, said in a statement released Friday […]
