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Greece May Be Cut by S&P

Whirlpool Hires 1,100 in Brazil Following Tax Cut, Estado Says

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Dec. 11 (Bloomberg) -- Whirlpool Corp.’s Brazilian unit will hire 1,100 factory workers on 120-day contracts to meet an expected first-quarter sales surge because of a tax cut on home appliances, O Estado de S.Paulo newspaper reported, citing Jose Drummond, the company’s president of Latin American operations.

Brazil’s government this month cut taxes on stoves, refrigerators and washing machines as part of a stimulus package.

To contact the reporters on this story: Matthew Bristow in Brasilia at

To contact the editor responsible for this story: Joshua Goodman at