Sunday, January 4, 2009

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Landlords win water bill battle

Mount Pleasant Waterworks has repealed a policy that drew a wave of criticism from apartment managers and shopping center owners. Commissioners have decided to continue allowing renters to open up accounts in their own names, Clay Duffie, the utility's general manager, said Friday.

The weekend Wall Street died

It was unlike anything Wall Street had ever seen: In past crises, its bosses had banded together to save their way of life. This time, the financial hole they had dug for themselves was too deep. It was every man for himself.

Speculation mounts over succession plans at P&G

Eights years into the job, 61-year-old CEO A.G Lafley has helped the maker of Tide detergent and Pampers diapers become a steady producer of profits and sales growth by emphasizing innovation and a “consumer is boss” focus

Steelmakers had boom-to-bust scenario in 2008

Orders began to subside in August, as China’s expansion slowed and the steel-intensive construction industries in North America and Europe weakened. U.S. auto makers â€" important steel consumers â€" focused on smaller cars built with less metal. A strengthening dollar dampened exports, and the credit crisis spurred major steel buyers to tighten purse strings.

No-layoff policies begin to crumble

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.

The Post and Courier

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