Amid concerns about the global economy, the Dow Jones Industrial Average dropped 500 points on Thursday, its ninth-steepest decline. News of sluggish job growth in the US and mounting financial worries in Europe, particularly in Spain and Italy, created concern on Wall Street. Of the 10 major S&P 500 sectors, energy posted the biggest drop, while the consumer staple (food) sector showed the smallest decline.
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GM's Ed Whitacre hosts Webchat for pressGM chairman and CEO Ed Whitacre held a Webchat December 8 to answer questions from the press, following his taking the position of interim CEO. IPG's Roth is optimistic about future
Interpublic Group's CEO Michael Roth came out saying "the worst is behind us," when he spoke at the Global Media and Communications Conference sponsored by UBS on December 7. Click here for more posts
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