Tag: corporate

NEW YORK (Reuters) - U.S. corporate debt default rates are expected to hit "unprecedented" levels in 2009, even though the economy may be past the halfway mark of the U.S. recession, according to a forecast unveiled on Monday at the Reuters Restructuring Summit.

"There is a lot of pain left -- we are only just half way through the 600 or so defaults in this cycle," said Phil Kleweno, a partner at Bain's corporate renewal group.

One of the most difficult and puzzling, and even terrifying, questions that every employee and particularly manager or business owner most face is how to choose your corporate gifts. A corporate gift is no ordinary gift. Giving the right corporate gift can have serious ramifications for your company. These repercussions can either be positive, meaning that the recipient of the gift is impressed, flattered, and feels inclined to continue business with you or to start business with you, or, if you really screw up, it could sour relationships with partners and clients. So, choosing the right corporate gift is really something that you need to think about carefully so that you send the right message to whoever you're giving the present to.