U.S. unveils mortgage plan PDF Print E-mail
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Tuesday, 11 November 2008

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The Bush administration on Tuesday unveiled a new program to modify mortgages and stabilize the battered real estate market, but the plan stops short of providing direct government financial help to at-risk homeowners.

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Overseas outsourcing heats up again
Two years ago, when the economy was booming, Tessa Luu's furniture showroom in Los Angeles was running smoothly. But Luu was tired of the rising electric bills, salaries, benefits and rent that ate her profits. So she undertook a radical move to cut all the overhead: She said goodbye to her five employees and moved her business online, hiring outsourcers to run the operation.

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Last Updated ( Tuesday, 11 November 2008 )
 
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