Daily Recession covers the world as it goes into recession. The financial crisis, stock market crash, bankruptcies, job cuts, and the turmoil that follows.

JBS Carriers division lays off about 12 workers

Posted: March 22nd, 2011 | Author: | Filed under: By Location, USA | Tags: , , , , | No Comments »

About a dozen employees of the local JBS Carriers division, which handles trucking for Greeley-based JBS USA, were laid off last week as the company “had some overstaffing issues” in the maintenance department, according to a company spokesman.

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Banks in Florida, Maryland and Utah closing as Mortgage losses mount

Posted: February 1st, 2009 | Author: | Filed under: Recession News | Tags: , , , | No Comments »

Banks in Florida, Maryland and Utah were closed Friday as regulators wrapped up the busiest month for failures since the housing slump began in 2006.

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