Articles posted in the business category

The Recession Moves Into the Realm of Sports With their multi-million dollar corporate sponsorships, state-of-the-art stadiums, and record-breaking contracts, it’s easy to understand why there’s the misconception that the major sports leagues of America – namely Major League Baseball, the National Basketball Association, and the National Football Association – have built up a sort of immunity towards the recession that’s affecting so many other industries. It may not be as apparent on the surface, since the business side of major sports gets masked by its mass ... How Influential is the Auto Industry to Our Economy? What Does It Mean When the U.S. Automakers Fail? Was your reluctance to buy a car from one of the three major U.S. automakers, General Motors Corp., Ford Motor Co., or Chrysler LLC, the cause of their imminent collapse? The Big Three automakers are asking Congress to pass legislation for government-backed loans. They may just get half of what they’re asking – up to $17 million as opposed to $34 million. What the automakers want Americans to know is ...