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<title>PHYSorg.com: PHYSorg news tagged with: downturn</title>
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 <item>
     <title>PC maker Lenovo reports loss amid weak demand</title>
   	 <description>(AP) --  Lenovo Group, the world's fourth-largest personal computer maker, reported a $16 million quarterly loss Thursday and said it faces pressure from weak global demand and intense competition.</description>
     <link>http://www.physorg.com/news168765098.html</link>
	 <category>Technology</category>
	 <pubDate>Thu, 06 Aug 2009 08:12:00 EST</pubDate>
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     <title>Cisco earnings fall 46 pct but beat expectations</title>
   	 <description>(AP) --  Cisco Systems Inc. said earnings fell 46 percent in its latest quarter, but the profit beat Wall Street expectations, and the company said the quarter may have been the bottom of the recession-related downturn.</description>
     <link>http://www.physorg.com/news168713659.html</link>
	 <category>Technology</category>
	 <pubDate>Wed, 05 Aug 2009 17:54:51 EST</pubDate>
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     <title>MIT commercial property price index posts record drop</title>
   	 <description>(PhysOrg.com) -- Transaction prices of commercial property sold by major institutional investors fell by 18 percent in the second quarter of 2009, according to an index developed and published by the MIT Center for Real Estate (MIT/CRE).</description>
     <link>http://www.physorg.com/news168528849.html</link>
	 <category>Other Sciences</category>
	 <pubDate>Mon, 03 Aug 2009 14:35:04 EST</pubDate>
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     <title>Japan's Hitachi posts first-quarter loss</title>
   	 <description>Japanese high-tech giant Hitachi announced Tuesday a net loss of 82.7 billion yen (870 million dollars) for the fiscal first quarter with sales down heavily amid the economic downturn.</description>
     <link>http://www.physorg.com/news167991642.html</link>
	 <category>Technology</category>
	 <pubDate>Tue, 28 Jul 2009 10:00:03 EST</pubDate>
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     <title>June video game sales drop sharply</title>
   	 <description>(AP) --  Squeezed by the economic downturn, U.S. retail sales of video games dropped sharply in June, the largest year-over-year decline the industry has seen in nearly nine years.</description>
     <link>http://www.physorg.com/news167028108.html</link>
	 <category>Technology</category>
	 <pubDate>Fri, 17 Jul 2009 06:30:03 EST</pubDate>
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     <title>Microsoft seeking buyer for Razorfish</title>
   	 <description>Microsoft has approached five of the world's biggest advertising companies about buying its digital advertising agency Razorfish, The Wall Street Journal reported on Monday.</description>
     <link>http://www.physorg.com/news166715612.html</link>
	 <category>Technology</category>
	 <pubDate>Mon, 13 Jul 2009 15:30:02 EST</pubDate>
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     <title>India's Infosys Q1 profit up 17.2 pct, beats forecasts</title>
   	 <description> India's second-biggest software exporter Infosys announced Friday a better-than-expected 17.2 percent rise in first-quarter net profit, but said global conditions remained challenging.</description>
     <link>http://www.physorg.com/news166434640.html</link>
	 <category>Technology</category>
	 <pubDate>Fri, 10 Jul 2009 09:10:04 EST</pubDate>
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     <title>Report: Worst may be over for US tech market</title>
   	 <description>(AP) --  As bad as the technology market fared in the first quarter of this year, the worst may be over, at least in the United States, Forrester Research said in a report Tuesday.</description>
     <link>http://www.physorg.com/news165555567.html</link>
	 <category>Technology</category>
	 <pubDate>Tue, 30 Jun 2009 05:10:01 EST</pubDate>
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<item>
     <title>Declining road fatalities: Less driving not the only cause</title>
   	 <description>(PhysOrg.com) -- Fewer Americans are dying on our nation's roads, not only because they are driving less, but also because the type of driving has changed, says a researcher at the University of Michigan Transportation Research Institute.</description>
     <link>http://www.physorg.com/news163351130.html</link>
	 <category>Other Sciences</category>
	 <pubDate>Thu, 04 Jun 2009 16:19:42 EST</pubDate>
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     <title>Defying recession, Japan's green cars surge in popularity</title>
   	 <description>Defying the worst recession in decades, green cars in Japan are gaining ground against conventional gas-guzzlers, offering automakers hope of re-energising a flagging domestic market.</description>
     <link>http://www.physorg.com/news163348614.html</link>
	 <category>Technology</category>
	 <pubDate>Thu, 04 Jun 2009 15:38:39 EST</pubDate>
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     <title>Illness, medical bills linked to nearly two-thirds of bankruptcies</title>
   	 <description>Medical problems contributed to nearly two-thirds (62.1 percent) of all bankruptcies in 2007, according to a study in the August issue of the American Journal of Medicine that will be published online Thursday. The data were collected prior to the current economic downturn and hence likely understate the current burden of financial suffering. Between 2001 and 2007, the proportion of all bankruptcies attributable to medical problems rose by 49.6 percent. The authors' previous 2001 findings have been widely cited by policy leaders, including President Obama.</description>
     <link>http://www.physorg.com/news163318959.html</link>
	 <category>Medicine &amp; Health</category>
	 <pubDate>Thu, 04 Jun 2009 07:23:39 EST</pubDate>
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     <title>Toshiba to stop making mobile phones in Japan</title>
   	 <description>(AP) --  Japan's top chipmaker Toshiba Corp. said Wednesday it will end production of mobile phones in Japan due to plummeting demand amid an economic slump.</description>
     <link>http://www.physorg.com/news162041429.html</link>
	 <category>Technology</category>
	 <pubDate>Wed, 20 May 2009 12:30:58 EST</pubDate>
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     <title>Nokia to lay off 170 workers worldwide</title>
   	 <description>(AP) --  Nokia Corp. said Tuesday it will lay off 170 workers worldwide to further cut costs as the global downturn continues to weaken demand in the mobile phone industry.</description>
     <link>http://www.physorg.com/news161954917.html</link>
	 <category>Technology</category>
	 <pubDate>Tue, 19 May 2009 12:29:15 EST</pubDate>
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     <title>Toyota rolls out new Prius to fend off rivals</title>
   	 <description>Toyota Motor on Monday rolled out a cheaper, revamped Prius, seeking to boost its flagging sales and maintain its lead in fuel-sipping hybrids in the face of growing competition from rival Honda.</description>
     <link>http://www.physorg.com/news161869828.html</link>
	 <category>Technology</category>
	 <pubDate>Mon, 18 May 2009 12:51:02 EST</pubDate>
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<item>
     <title>Research: even in hostile working environments, employees reluctant to leave jobs</title>
   	 <description>She never gets invited to lunch with the rest of her co-workers. He always gets publicly criticized for his mistakes.</description>
     <link>http://www.physorg.com/news161519402.html</link>
	 <category>Other Sciences</category>
	 <pubDate>Thu, 14 May 2009 11:30:38 EST</pubDate>
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     <title>Nintendo's annual profit rises 8.5 percent</title>
   	 <description>(AP) --  Nintendo Co. reported an 8.5 percent rise in annual profit as the video game maker shrugged off the global slowdown that has battered other Japanese manufacturers.</description>
     <link>http://www.physorg.com/news160893783.html</link>
	 <category>Technology</category>
	 <pubDate>Thu, 07 May 2009 05:43:41 EST</pubDate>
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</item>
<item>
     <title>Japan's Sharp reports 1.3 bln dollar annual loss</title>
   	 <description>Japanese electronics giant Sharp Corp. announced an annual net loss of 1.3 billion dollars, its first ever, due to a slump in sales, but it forecast a return to profit this year.</description>
     <link>http://www.physorg.com/news160028099.html</link>
	 <category>Technology</category>
	 <pubDate>Mon, 27 Apr 2009 05:18:26 EST</pubDate>
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     <title>Japan chipmakers NEC Electronics, Renesas to merge</title>
   	 <description>NEC Electronics and Renesas Technology announced plans for a merger to create Japan's largest semiconductor maker, as they seek a way out of the global economic downturn.</description>
     <link>http://www.physorg.com/news160027873.html</link>
	 <category>Technology</category>
	 <pubDate>Mon, 27 Apr 2009 05:13:22 EST</pubDate>
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</item>
<item>
     <title>Apple 2Q profit gains 15 percent, beats Street</title>
   	 <description>(AP) --  Strong sales of the iPhone helped Apple Inc. lift its quarterly profit 15 percent, well ahead of Wall Street's expectations Wednesday despite the global economic downturn.</description>
     <link>http://www.physorg.com/news159642501.html</link>
	 <category>Technology</category>
	 <pubDate>Wed, 22 Apr 2009 18:08:52 EST</pubDate>
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</item>
<item>
     <title>Happiest European children in Netherlands, Britain ranks low</title>
   	 <description> The happiest children in Europe are in the Netherlands and Scandinavia but Britain is among the worst places to grow up, according to new British research published Tuesday.</description>
     <link>http://www.physorg.com/news159521415.html</link>
	 <category>Medicine &amp; Health</category>
	 <pubDate>Tue, 21 Apr 2009 08:39:18 EST</pubDate>
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</item>
<item>
     <title>Gambling ban would reverse recession, new book says</title>
   	 <description>Legalized gambling is weighing down a global economy already mired in its deepest downturn since the Great Depression, according to a new collection of research that renews decades-old calls to outlaw betting.</description>
     <link>http://www.physorg.com/news159112783.html</link>
	 <category>Other Sciences</category>
	 <pubDate>Thu, 16 Apr 2009 15:00:33 EST</pubDate>
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</item>
<item>
     <title>Nokia profit plunges 90 percent in Q1</title>
   	 <description>(AP) --  Nokia Corp. on Thursday said profits plummeted 90 percent in the first quarter because of fading demand for mobile phones amid the worldwide downturn - but its shares surged as analysts had expected an even gloomier report.</description>
     <link>http://www.physorg.com/news159099507.html</link>
	 <category>Technology</category>
	 <pubDate>Thu, 16 Apr 2009 11:18:56 EST</pubDate>
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     <title>AARP: Prescription drug prices on the rise</title>
   	 <description>(AP) --  Prices of the most popular brand-name prescription drugs are on the rise even as the economy falters, the AARP says.</description>
     <link>http://www.physorg.com/news159039025.html</link>
	 <category>Medicine &amp; Health</category>
	 <pubDate>Wed, 15 Apr 2009 18:30:54 EST</pubDate>
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</item>
<item>
     <title>Ma and Pa solutions to global warming</title>
   	 <description>The prairies offer opportunities for capitalizing on environmentally friendly farming practices and potentially useful agricultural waste to produce jobs, economic growth, commercial opportunities, and renewable energy sources, according to a perspective article published in the current issue of the International Journal of Private Law.</description>
     <link>http://www.physorg.com/news158417381.html</link>
	 <category>Space &amp; Earth</category>
	 <pubDate>Wed, 08 Apr 2009 13:50:11 EST</pubDate>
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</item>
<item>
     <title>Business software market likely to stay flat this year</title>
   	 <description>Research firm Gartner Inc. said Monday the market for software sold to businesses is likely to grow only 0.3 percent this year compared to 2008, a downward revision from the firm's previous forecast of 6.6 percent growth.</description>
     <link>http://www.physorg.com/news157655970.html</link>
	 <category>Technology</category>
	 <pubDate>Mon, 30 Mar 2009 18:20:34 EST</pubDate>
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</item>
<item>
     <title>Google dumps 200 jobs in company's largest layoffs</title>
   	 <description>(AP) --  Google Inc. is jettisoning nearly 200 workers in its largest round of layoffs yet, demonstrating that even highly profitable companies are feeling the recession's pinch.</description>
     <link>http://www.physorg.com/news157311786.html</link>
	 <category>Technology</category>
	 <pubDate>Thu, 26 Mar 2009 18:43:36 EST</pubDate>
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<item>
     <title>Study shows summer jobs may help prevent suicidal tendencies in at-risk teens</title>
   	 <description>A University of Iowa study found that when a friend of a friend attempts suicide, at-risk teens are more likely to seriously consider doing so. But at-risk teens are less likely to be suicidal if they hold summer jobs.</description>
     <link>http://www.physorg.com/news157211151.html</link>
	 <category>Medicine &amp; Health</category>
	 <pubDate>Wed, 25 Mar 2009 14:46:16 EST</pubDate>
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</item>
<item>
     <title>Retirement plans on hold in face of recession, survey finds</title>
   	 <description>(PhysOrg.com) -- Almost one-third of small- and medium-sized business owners will need to put plans for their retirement on hold because of the downturn in the UK economy, an online survey by The University of Nottingham Institute for Enterprise and Innovation (UNIEI) has revealed.</description>
     <link>http://www.physorg.com/news156705500.html</link>
	 <category>Other Sciences</category>
	 <pubDate>Thu, 19 Mar 2009 18:19:16 EST</pubDate>
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</item>
<item>
     <title>US drug sales growth continues slowdown in 2008</title>
   	 <description>(AP) --  Sales growth of prescription drugs in the U.S. slowed for the second straight year, with the economic downturn playing a key role, according to IMS Health Inc.</description>
     <link>http://www.physorg.com/news156696781.html</link>
	 <category>Medicine &amp; Health</category>
	 <pubDate>Thu, 19 Mar 2009 15:53:43 EST</pubDate>
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</item>
<item>
     <title>Adobe 1Q profit, sales drop, squeezed by downturn</title>
   	 <description>(AP) --  Adobe Systems Inc., the company behind the popular Photoshop software, posted a decline in fiscal first-quarter profit and sales Tuesday, squeezed by the economic downturn.</description>
     <link>http://www.physorg.com/news156526829.html</link>
	 <category>Technology</category>
	 <pubDate>Tue, 17 Mar 2009 16:40:57 EST</pubDate>
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