economic times

Some local stores are already open; more will welcome shoppers in the next several hours as local retailers scramble to ring up sales in these tough economic times.

Teri Takai, the State of California’s CIO, talks to CNET’s Dan Farber about overseeing an IT organization with more than 130 CIOs and 10,000 technology workers.

She also discusses California’s e-government initiatives from going green to managing costs during tough economic times. 2 minute Video Shorts Short on time?

$1299? Are they out of their minds? Last week, I posted an entry about VUDU, the company that’s selling a $300 set-top box that enables consumers to rent or buy downloadable movies.

These tough economic times have prompted Queen Elizabeth to cut back on her couture. Buckingham Palace has disclosed that instead of buying a gown for a state banquet in Slovenia Wednesday, the Queen wore an outfit made from material she already owned.

A design team sewed the gown made from a gold, silver and grey brocade given to the Queen during a tour of the Middle East more than 20 years ago.

A royal spokeswoman said the Queen is already known for her thrifty ways, adding that the Royal Family saves money where they can such as switching off lights as they leave a room.

Blip.tv has raised a round of funding to invest in its growth. But with uncertain economic times and a less-than ideal business model, its profitability is still in question.

Zivity has laid off one-third of its staff ahead of uncertain economic times. Is this a sign of things to come?

The venture capitalist and local tech industry leader gave a "history lesson" of the city's industry as his keynote at the Web 2.0 Expo, but it seemed unnaturally idealistic given economic times that keep getting worse.

An AP story that ran in the Statesman reported that when economic times get tough, Americans keep a firm grip...

(via That Austin Girl)

Wall Street sank sharply Thursday as initial jobless claims rose and existing home sales fell more than expected, worrying investors that tough economic times are not yet over.