| From AP: Gold prices closed moderately higher Tuesday, but other commodities prices fell as investors bet on a sharp drop in demand for raw materials in the coming months. Signs of difficulties at several big companies underscored investors' fear of a prolonged recession.
Late Monday, FedEx Corp. cut its forecast for fiscal 2009 earnings and capital spending. Meanwhile, electronics maker Sony Corp. said it is slashing 8,000 jobs, or 4 percent of its global work force, in an effort to cut costs by $1.1 billion a year..... Full Article: Source
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