Updated: 4/11/2003; 10:30:19 AM.
economy
Economic stories of interest.
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Thursday, March 13, 2003
Philips cutting 1,600 jobs, closing Texas plant
Dutch electronics maker Philips said Thursday it will close a semiconductor plant in San Antonio as part of a restructuring that will eliminate about 1,600 jobs in the United States and Europe.

8:14:54 AM  Google It!  comment  []    

February retail sales fall 1.6 percent
War worries and snow storms kept shoppers away from the stores, driving down sales at the nations' retailers by 1.6 percent in February. The worst showing in 15 months was another ominous sign for the sputtering economy.

8:13:43 AM  Google It!  comment  []    


© Copyright 2003 Michael Jamison.   E-Mail:  Click here to send an email to the editor of this weblog.
 
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