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Monday, March 19, 2007

Jobs canada - Subprime lender NovaStar cutting jobs as market craters

Kansas City Star - The woes of the subprime lending industry hit Kansas City today as NovaStar Financial Inc. announced it would eliminate 50 jobs here and 350 overall. The layoffs amount to a 17 percent reduction in the Kansas City-based subprime lender s overall
USA Today - Apple CEO Steve Jobs' bet paid off like a gushing Vegas jackpot. The avalanche of headlines and TV news stories about the iPhone which hits the market in June already have generated $400 million in free publicity, says Harvard Business School