Circuit City announced that it will be liquidating and closing 155 stores across the United States. This could cost 7,000 American jobs. Circuit City is the latest in consumer electronic firms to conduct massive layoffs. Xerox, Micron, and Yahoo have also experienced layoffs. Layoffs and cutbacks are taking place among some of the nation’s most …
Price Gouging: Beware the Ike Spike!
Many gas stations, hotels, grocery stores, and other businesses in Texas raised their prices immediately due to Hurricane Ike. As travelers and refugees fled the storm and sought food and shelter, these companies took advantage of the catastrophe to generate extra profit. Enter the reputation crisis. Hundreds to thousands of complaints are flowing in to …




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