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Microsoft's Ballmer urges companies to invest, despite economic downturn
[13 mins][Las Vegas, NV]
Giving his first keynote speech at the Consumer Electronics Show in Las Vegas, Microsoft CEO Steve Ballmer said the software giant will continue to invest despite the economic downturn and called on other industry players to do the same.
Profit warnings, job losses herald lasting slowdown (Reuters)
[30 mins][Kansas]
A share trader reacts while checking share prices in front of the German share price index DAX board at the German stock exchange in Frankfurt, December 18, 2008. (Kai Pfaffenbach/Reuters)Reuters - A fresh wave of profit warnings and job cuts soured investor sentiment on Thursday after an employment report suggested U.S. job losses in December could be the worst in almost 60 years.

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