Personal Finance and Investing

By Karen Norling

Eight months ago, my husband, Jim, lost his engineering job at GE Health care here in Ohio.

In all those eight months –after dozens and dozens of resumes “snail-mailed” and emailed — not one company has called him for an interview. Not one company has called me for an interview either, despite the many positions I’ve applied for (I have a Master’s Degree in English). Perhaps you’re facing a similar situation, ensnared as all of us are in this seemingly-endless recession. If you are facing such a situation, read on.

Admittedly, Jim and I have a fair amount of savings in the bank. But here’s th

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Kenya Catering Employees Face Court

(eTN) – As a strike is looming at NAS Airport Services, Kenya’s leading aviation catering firm, several of their employees were produced in court and charged with intent to bring harm to airline passengers, after they were allegedly found to have put sharp objects into meal portions made ready for delivery to customer airlines.

As many as 5 staff are faced with stiff prison terms if found guilty, and although it could not be absolutely ascertained that their actions were deliberate as a result of the ongoing dispute between workers, their union, and the company, suspicion of course lingers that their alleged criminal plot was prompted by their albeit illegal desire to make the company consent to wage, terms, and conditions demands made on behalf of the unionized workforce by the union.

At present though, a source close to NAS has played down suspicion that this was a concerted action with masterminds still at large, claiming the employees in question were acting alone in a small group of agitated but misguided workers. T

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Financial Leveraging is the borrowing of funds in order to invest and gain returns enough to profit and cover the principal and accrued interest. For a company, the investment is made again its own equity, as borrowed funds would go into expansion of the company. A homeowner would consider the home as the source of equity. Financial leverage can be a risk, especially if the ratio of leveraged debt to equity is high. Conversely, the growth of equity has been found to be proportionate to the ratio.

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I have recently read a number of articles about the businesses which are being hit the hardest by the current downturn in US and well as the global economy.

This got me thinking about the businesses that should be affected, even though apparently some of them aren’t.

Giant Gas Guzzling SUVs: Not only are they excessively expensive up front, but then there is the cost of the copious amounts a petroleum based fuel that they regularly consume. With all of the advancements in the world today, one of the car companies should be able to make a vehicle that seats eight, has room for a few suitcases, and still gets decent fuel economy. T

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