The Latest Business News

Woolworths considers selling retail business (AP via Yahoo! News)
Woolworths Group PLC's shares fell 13 percent Wednesday after the company confirmed it is considering selling its retail business.

Dealership holds going-out-of-business sale (Chicago Sun-Times)
The sun is about to set on Sunrise Chevrolet in Midlothian. While Detroit automakers were pleading Tuesday for a lifeline from Congress, the dealership was holding a going-out-of-business sale and will close Nov. 29. "We still have a lot of (customer) traffic coming in, but (credit) is still an issue," a company executive says.

Woolworths considers selling retail business (San Francisco Chronicle)
Woolworths Group PLC's shares fell 13 percent Wednesday after the company confirmed it is considering selling its retail business. "The board can confirm that it is in preliminary discussions regarding a possible offer for the retail business," the company...

SIME DARBY TO SET UP DOWNSTREAM BUSINESS IN CHINA (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Nov 19 (Bernama) -- Sime Darby Bhd is making a major foray in the downstream palm oil business in China, setting up a joint venture company with Dongguan Sinograin Oils & Grains Company Ltd.

Women business owners making tough calls(Miami Herald)
Some women business owners are laying off staff. Others are turning away less profitable work. While yet another is taking only clients that pay in a timely fashion. Entrepreneurs, the backbone of our economy, realize that these tough economic times take strategy to survive.