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• Safe Havens?

  …a return on its multi-billion capital investment. Verizon removed a very small number of people who serviced its Circuit City locations when the retailer folded. The one business that Verizon has been struggling with is its wireline to the home …

  02/24/2009Business
• Fear and Loathing In Davos

  …joked about passing hemlock around the table instead of butter. Best Buy CEO Brad Anderson, whose biggest competitor, Circuit City , is in the process of liquidating, put on a brave face. "You know, I'm a congenital optimist," he said …

  By Daniel Gross

  01/31/2009Tech and Business
• Managing Along the Cutting Edge

  …missteps: for example, Best Buy and Bed Bath & Beyond can't help but pick up sales that would have once gone to Circuit City and Linens 'n Things, both going through liquidation. But in sectors like the auto industry, where every player …

  By Daniel McGinn

  01/31/2009Business
• Job Killers

  …Where are the job losses coming? Nearly thirty firms account for over 173,000 of the firings so far this month. Circuit City let 34,000 people go when it went into liquidation. Caterpillar (CAT) fired 20,000 people due to a prediction …

  01/30/2009Business
• Obama Faces a No-We-Can't Economy

  blares a bright yellow sign at the Circuit City store on Broadway and 80th Streetemployees wearing bright-red Circuit City polos, this store will soon beleaving 34,000 people unemployed. Circuit City must liquidate some $1 billion

  By Daniel Gross

  01/26/2009Blogs

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