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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (24670)	3/1/2005 11:06:13 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Northern Trust on ISM northerntrust.com Russ what do you make of prices paid component in light of PPI Something is screwy What is it? Mish

To: russwinter who wrote (24670)	3/1/2005 11:11:44 PM
From: mishedlo	Read Replies (2) \| Respond to of 116555

Layoffs Du Jour 90...Fermi National Accelerator Laboratory Budget cuts expected for bring Fermi layoffs By Matt Hanley SPECIAL TO THE HERALD NEWS BATAVIA — Federal budget cuts likely will force Fermi National Accelerator Laboratory to eliminate approximately 90 positions in the coming year. suburbanchicagonews.com 2500...more- Marsh & McLennan Business - Reuters Reuters Marsh & McLennan Has Loss, Cuts Dividend By Aleksandrs Rozens NEW YORK (Reuters) - Insurance broker Marsh & McLennan Cos. (NYSE:MMC - news) on Tuesday posted a quarterly loss related to charges from a settlement of a bid-rigging scandal, and cut its dividend by half while warning of more job cuts. The world's biggest insurance broker, whose fourth-quarter results were also hurt by restructuring charges, said the restructuring could result in the loss of another 2,500 jobs, pushing recently announced layoffs to 5,500. news.yahoo.com 1400....Citigroup # Citigroup Sees 1,400 Job Cuts Reuters via Yahoo! News - Feb 28 2:52 PM Citigroup Inc. , the world's largest financial services company, on Monday said it will cut about 1,400 jobs in its corporate and investment bank in early 2005, and take a related $275 million pretax charge in the first quarter. news.yahoo.com Salary cuts at Continental Continental Reaches Tentative Payroll Cuts Mon Feb 28, 7:28 PM ET By KRISTEN HAYS, AP Business Writer HOUSTON - Continental Airlines reached its goal of finding $500 million in annual savings by Monday with the announcement of tentative agreements for wage and benefit cuts with unions representing pilots, flight attendants, mechanics and dispatchers. news.yahoo.com 1400...more- Erie County Another Round of Massive Layoffs for County Workers March 1, 2005, 08:31 AM Another Round of Massive Layoffs for County Workers (Buffalo, NY, March 1, 2005) - - 1400 employees will be getting their pink slips Tuesday morning. Senior Correspondent Rich Newberg begins our budget team coverage.