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Economic downturn, budget woes top news in 2008 (The Inquirer and Mirror)
Editor?s Note: As each year winds to a close, The Inquirer and Mirror chooses the top news stories and newsmakers that impacted the lives of those who call Nantucket home, be it year-round or only for a brief time.
In recession, companies kiss their no-layoff policies goodbye (The Pantagraph)
Until recently, Enterprise Rent-A-Car Co. prided itself on a 51-year history of never laying off a U.S. employee. When competitors slashed fleets and shuttered branches after the Sept. 11 attacks, Enterprise kept hiring.
No-layoff policies begin to crumble (The Post and Courier)
Many of the employers conducting their first layoffs say they first tried other ways to cut costs, such as freezing salaries or drumming up work for idle employees.
Hartmann starts with hope (The Cincinnati Enquirer)
Greg Hartmann has been a rental car salesman, a laundry worker, an airline commissary company owner and most recently, clerk of courts. Now he's about to take on what may be the biggest challenge: County commissioner.
Financing for retail doesn't just walk in the door (Los Angeles Times)
Prospective owner of a dive shop may garner funds from family, angel investors, public agencies and others. Dear Karen: I'm seeking investments to open a dive shop. I'm attempting to raise funds via traditional loans, but in the worst market possible I'm not confident. The investment groups I find locally are focused on technology or a mass-manufactured product. Can I find an investor open to ...
Automaker Sales Continue Dismal Slide (CBS4 Miami)
By every measure, 2008 was one of Detroit's worst years on record, reports CBS News business correspondent Anthony Mason. Chrysler's sales went off a cliff, plunging by 30 percent in 2008. Ford and General Motors were each down more than 20 percent.
2008 Eastern Jackson County year in review (The Examiner)
2008 was a historic year for America and Eastern Jackson County.
A look back at 2008 (The News-Times)
In a year that brought about profound change in the nation's future leadership, a year marked by United States involvement in two draining wars, a year that witnessed the deaths of Nobel Prize-winning authors and Oscar-winning actors, it would be easy to let the year's local stories fall off the radar.
Car sales plunge in Inland region (The Press-Enterprise)
Confidence, credit: At least 10 Inland auto dealerships shut their doors or announced planned shutdowns in 2008.
St. Louis burned by corporate takeovers; sale of A-B, mergers and layoffs hurt city (Belleville News-Democrat)
Over the last decade or so, St. Louis has seen the loss of many major corporate headquarters to buyouts and mergers -- McDonnell Douglas, TWA, May Department Stores Co., A.G. Edwards, Pulitzer Publishing.

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