Friday, February 22, 2008

Good Credit? Here's Your Reward

This current event is about a company, Fair Isaac. This company calculates consumer credit ratings for lenders. They have made a new formula that will favor responsible credit holders. Ones' FICO can benefit from this.

Fair Isaac begun in 2006. A good consumer can have there points go up by 25 points under the new formula.

Monday, February 11, 2008

Chrysler: No More Job Cuts

This current event takes place in San Francisco, Californira. The vice chairman of Chrysler, said on Saturday, that the company will no longer have any job cuts.

After Chrysler reconstructed their business last summer, they orginally planned to cut up to 11,000 jobs.

Now that Chrysler has cut many jobs, the business is finally on its way to a success!