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Local bankruptcies are up 23 percent (Louisville Courier-Journal)
In the New Albany and Louisville divisions of federal bankruptcy court, there have been a combined 8,661 company and individual bankruptcies so far this year -- an increase of 23 percent from a year earlier. A nation's new frugality (The Indianapolis Star)
Frugality is making a comeback. Fearful that economic conditions could get worse and stay that way, Americans are showing an enthusiasm for thriftiness not seen in decades. Specialty/Non-Apparel (InternetRetailer.com)
Mass merchants have customers with wide-ranging tastes looking for any number of products. Specialty retailers, however, are filling a niche. And in niche retailing, it's critical that merchants know their customers very well. Signs of the times (Boston Globe)
BURLINGTON - Even as cars jostled for spaces at the Burlington Mall on a recent morning, there were troubling signs nearby. Inside, Sharper Image had been deleted from the tenant roster. Across the street, the block letters of a Mattress Discounters sign hung above an empty store, another victim of a Chapter 11 bankruptcy filing. Where has all the bank-bailout money gone? (Times Online)
Taxpayers bailed out banks and the base rate is down. So why are banks now being so hard on borrowers and savers? Tinsel and Tech: The Consumer-Electronics Gift Guide (Fox News)
Even in tough economic times, there's always something you can rely on for gift giving -- gadgets galore! With mobile broadband, who needs an NBN? (telecomasia.net)
This week Telstra dipped its toe in Australia's NBN, and the EU agreed to cap SMS and data roaming. Telstra submitted a bid to build the Australian next-gen broadband network, after months of threatening a boycott. But its proposal fell well short of the required scale. Times & Star (West Cumberland Times & Star)
WOOLWORTHS staff in West Cumbria face an uncertain future as the high street store becomes the latest casualty of the credit crunch. The company, which has suffered cash flow problems and has debts of £385m, went into administration yesterday. The New Frugality: People decide to get more thrifty (Courier-Post)
Frugality is making a comeback. Prime minister's questions - live (Guardian Unlimited)
10.18am: Straight after PMQs we'll be covering the debate on the pre-budget report live here . 11:52am: In these grim times I suppose we should be grateful for anything that raises a laugh. So it was good to hear that Peter Mandelson has been on GMTV complaining about the Tories "seizing on anything to score political points" . If you're a Tory and Mandelson accuses you of being ...
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