In the news

Scary bits in the news, all coming at once.

Publisher O’Reilly lays off 14% of it’s staff – 30 of 222 employees.

Indianapolis insurer Wellpoint lays off 600 people.

Circuit City closes and liquidates remaining stores.

Citigroup reports $8.29 billion loss; twice as much as expected.

Bank of America Posts Quarterly Loss After Bailout

Lots to be happening all at once.