Friday, February 22, 2008

Bergen employers cutting jobs (The Record)

(Crain's) -- Another student lender here has succumbed, at least temporarily, to the credit crunch. National Education Servicing LLC stopped funding new loans last week, according to its Web site. Its move mirrors the decision by FinanSure Student Loans to stop processing applications in ...

Business Briefing (Seattle Post-Intelligencer)


Boeing wins U.S. contract for rocket launch service ... Toy company agrees to pay $30 million to settle suit ... Nelnet plans to cut 300 jobs, suspend loan consolidations ... plus shipping news

Student lender Nelnet plans to cut 300 jobs (The Standard-Times)


OMAHA, Neb. — Student lender Nelnet Inc. said Wednesday that battered credit markets and new federal regulations are forcing it to cut 300 more jobs and suspend loan consolidations.

Student Lender Nelnet to Cut 300 Jobs (AP via Yahoo! Finance)


Student lender Nelnet Inc. said Wednesday that battered credit markets and new federal regulations are forcing it to suspend loan consolidations and cut 300 more jobs, or about 10 percent of its staff.

Mayor kicks Marines out of Toledo (NBC 24 Toledo)


By Darsha Philips Posted: Saturday, February 09, 2008 at 2:05 p.m. TOLEDO, OH -- Mayor Carty Finkbeiner on Friday ordered some 200 members of Company A, 1 st Battalion, 24 th Marines from Grand Rapids, Michigan, out of Toledo just before the unit was supposed to start a weekend of urban warfare training downtown.

Bergen employers cutting jobs (The Record)


More than 330 employees have either lost their jobs or are expected to lose them from four Bergen County businesses because of the mortgage lending crisis, consolidations and relocation.

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