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by The City Wire staff -

Moody’s says U.S. faces credit rating cut

Moody’s Investors Service said it may join Standard & Poor’s in downgrading the U.S.’s credit rating unless Congress next year reduces the percentage of debt- to-gross-domestic-product during budget negotiations. The…

by The City Wire staff -

Wal-Mart eyes Indian expansion

Wal-Mart Stores Inc. confirmed plans Tuesday to expand its reach into southern India with its joint venture partner Bharti Enterprises. The partnership will add between three and five new wholesale…

by The City Wire staff -

Local bartering group expands reach

Bartering for goods and services is an age old practice but it still resonates strong with more than 600 members of Fayetteville-based Local Trade Partners. This business bartering group has…

by The City Wire staff -

HP says job cuts plan will reach 29,000

Hewlett-Packard Co., the world’s largest personal-computer maker, expanded the total job cuts under its reorganization plan announced in May to 29,000, more than it had originally disclosed.] The cuts, exceeding…