News on the Wire

by The City Wire staff -

Whirlpool predicts sales slump into 2009

Whirlpool Corp. is predicting that the sales slump from the national housing downturn will continue into 2009. Higher costs of production and “sharply lower” sales Benton Harbor, Mich.-based Whirlpool Corp….

by The City Wire staff -

Local, national bank lending not frozen

Most of the official and news reports about frozen lending and the banks’ use of federal bailout funds is misleading, according to Treasury Strategies, a leading Treasury consulting whose clients…