Saturday, November 29, 2008

Presspass - Business Edition

PressPass - Business

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Black Friday not so bleak

Named for the day when retailers aim to get "in the black," or post a profit, Black Friday this year seemed more appropriately colored for a funeral, based on some early projections. But the reality on the streets and in the shops around the Lowcountry seemed far less bleak.

Family selling business rewards employees

CHICAGO â€" Dave Tiderman wondered if the decimal point was in the wrong place when he opened his $35,000 company bonus. Jose Rojas saw his $10,000 check and thought, "That can't be right." Valentin Dima watched co-workers breaking down in tears over their bonus checks and didn't trust his emotions. He drove home first, then opened his envelope: $33,000.

Post haste

Here are recommended mailing deadlines from the U.S. Postal Service to ensure delivery by Christmas.

Broadway looking forward nervously

NEW YORK â€" It's been a weird, schizophrenic couple of months on Broadway as the theater industry prepares for the holidays in the middle of an economic downturn and what, in the past, have been some of the most profitable weeks of the season. Closing dates have been announced with glum regularity: Older shows, such as "Hairspray, "Monty Python's Spamalot" and "Spring Awakening." New shows, such as "13" and the already departed, critically maligned "American Buffalo."

Stocks end week higher

NEW YORK â€" Wall Street kept up a broad winning streak Friday, giving blue chip stocks their fifth straight advance as investors looked for clues about whether dire predictions for the holiday shopping season would prove accurate. The stock market closed three hours early the day after Thanksgiving and locked in gains of 9.7 percent for the week for the Dow Jones industrial average and 12 percent for the broader Standard & Poor's 500 index.










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