U.S. stocks tally another week of losses on ailing economy

Date: Fri, 14 Nov 2008 17:01:43 -0500
U.S. stocks tally another week of losses on ailing economy

U.S. stocks on Friday fall sharply to tally a second straight week of
losses as a record decline in retail sales and a warning of falling
mobile-phone sales hammered home the ongoing fallout of the ailing
economy.

TELECOM REPORT: VISE TIGHTENS AS TELECOM SUPPLIERS FACE MORE BAD TIMES

Vendors that make telecommunications equipment used by consumers or
large phone carriers are bracing for a difficult 2009 as customers
pare back on their spending to cope with what's unfolding as an
economic downturn on a global
scale. It appears some suppliers could be headed for bankruptcy.