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Discount fires outsourced computer workers as costs rise (Haaretz Daily)
Bank Discount's net profits tumbled 72% against the same period last year, it said Sunday. The bank also said that it is suspending 650 outsourced computer workers after netting just NIS 110 million, compared to NIS 392 million in the third quarter of 2007.
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Discount Bank quarterly profit down 72% (Globes Online)
The bank plans to fire 650 bank and outsourced computer employees by the end of 2009.
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Open Source 'Fundamentally Superior': Red Hat CEO James Whitehurst (E-Commerce Times)
In January, James Whitehurst became president and CEO of Raleigh, N.C.-based Red Hat. The 41-year-old came to the software company, which sells and services the Linux open source computer operating system, from Delta Air Lines, where he was chief operating officer and had worked on, among other projects, development of the discount travel Web site Orbitz.
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Discounts crucial to continued holiday growth for Web retailers (The Journal News)
As millions of shoppers were hitting the malls and discount stores this Black Friday, Eleanor Petigrow's finger was hitting the mouse button. The Goldens Bridge mom of three avoided the crowds of strangers and instead sat at her kitchen table with a crowd of her own family.
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Apple Computer Black Friday Deals got better (I4U)
If you are not impressed by the discounts Apple is giving on the Apple MacBook and iMac in the Apple Black Friday Sale, then you should check out the Apple Computer Black Friday deals offered at several other retailers. Apple's discount is a max. of $10...
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Toy donations mean deals for surplus SC property (News 12 Augusta)
Officials at the South Carolina Surplus Property Office say a customer who donates at least $50 in toys can buy a surplus laptop computer for $25. The computers usually sell for $200.
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Black Sunday shoppers flock to local stores (Northwest Herald)
Tony and Pam Silvestri didn't bother going to sleep last night. On their drive home from Thanksgiving dinner, the Huntley couple saw a crowd forming outside the Algonquin Best Buy store. They figured if they wanted to give their daughter a laptop computer for Christmas, they had better get in line, too.
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The Week Ahead: Tesco sales to fall 3 per cent below industry norm (Independent)
The supermarket group Tesco is pegged to unveil a slowdown in UK like-for-like sales growth when it publishes a third-quarter update tomorrow. The company's non-food exposure and the introduction of more than 350 discount brands in September is expected to depress growth to bet-ween 1 and 2 per cent excluding fuel, compared with 4.1 per cent in the same period last year.
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U.S. auto industry's health affecting Silicon Valley chip makers (San Jose Mercury News)
The financial crisis hammering Detroit's auto industry is sending shock waves to Silicon Valley, where a number of companies make the computer chips that have become increasingly vital components in cars and other vehicles. More auto industry news
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S.C. official asks for special budget session (The State)
Comptroller General Richard Eckstrom has asked Gov. Mark Sanford to consider recalling the Legislature to session to quickly balance the state budget. In a letter, Eckstrom said quickly balancing the budget — necessary after state economists reduced revenue estimates last month — quickly was crucial to the state finances. Eckstrom said the budget should be balanced as soon after state economists ...
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