The bounce becomes a dose of reality.

The business world is finally waking up to the realism that Gordon Brown and Alastair Darling do not have what it takes to get this country's economy ... . Small business are folding, because they cannot get credit, because of the reluctance of the government ... , they report that "Only 28 per cent of respondents said they were confident in the Prime [more...]

Date: 2009-01-09 09:30:00

Blog posts (267) | Videos (165)
 

HP mulling over merging printer and PC business units

(Credit: Crave CNET) Hewlett-Packard is considering a reorganization that would see the company's printer unit combined with its personal computer business, according to a Wall Street Journal report Tuesday. The plans, which ... [more...]

Date: 2009-10-01 07:00:00

Barack Obama credited with saving all lives in NYC Hudson River jetliner crash!

.The greatest  President      in history Barack Obamasaves every life in HudsonRiver plane crash!by Dink T ... ,was too busy trying to hog the credit for saving the passengers.Sullenberger made no mention ... reporting for T.M.M.C.F.O.W. in New York City..Possibly related posts: (automatically generated)Barack [more...]

Date: 2009-01-16 10:27:22

Business: FreeCreditReport.Com is not free

We have all seen the ads on TV or heard them on the radio for FreeCreditReport.Com.Well, I tried it and indeed got my credit report ... really free.Right there on their home page is this:IMPORTANT INFORMATIONWhen you order your free report here, you will begin your free trial membership in Triple AdvantageSM Credit Monitoring [more...]

Date: 2008-12-13 15:50:00

What Obama’s Proposed Tax Cuts Mean for Small Businesses

From BusinessWeek.com:Here’s a welcome report for entrepreneurs this new year: ... for small-business owners.Details are still emerging, but the plan could include a longer window ... capital improvements; and a tax credit for job creation.How soon can that get money into your hands [more...]

Date: 2009-01-07 20:00:00

JP Morgan Profit Down 76%

NEW YORK — JPMorgan Chase narrowly avoided a loss in the fourth quarter, ... on our market-related businesses, continued higher loan losses and increases to our credit reserves,” Dimon said ... to report results for the fourth quarter. The quarter was a particularly rough [more...]

Date: 2009-01-15 13:08:42

Fed Watch: More Easing Expected

Today, the Fed lowered the target interest rate to 1%. Will the Fed lower the target rate even further if things don't improve? ... of households and businesses to obtain credit. Any other assessment would have been surprising ... s durable goods report is no exception, with nondefense, nonair capital goods declining 1.4 [more...]

Date: 2008-10-30 06:21:53

The Importance of Background Checks

It is important for all businesses considering hiring someone to take the critical step in performing a background check ... Credit Reporting Act, some information cannot be used in conjunction with a background check ... at some level. This may range from handling social security numbers, credit card information, drivers license [more...]

Date: 2009-01-02 03:49:50

McCain’s Economic Non-Plan (Just Do What Bush Did) Is a Disaster

If you think the economy is bad now, just wait, according to the Daytona News-Journal. And if you want to make it unimaginably bad, vote for McCain ... , credit cards, college loans and business investments all become more expensive to finance ... and economic outlook. The report will include grim numbers that aren’t being talked about much [more...]

Date: 2008-09-08 15:06:36

Putnam Fund closes after investors pull cash

Putnam Investments on Thursday suddenly closed a $12 billion money-market fund and announced plans to return investors' money after institutional ... as possible - an action Putnam said was "not related to the portfolio's credit quality, but was instead ... Report. Combined with an additional $80 billion removed in the five preceding business days, total [more...]

Date: 2008-09-19 03:08:13

Wall Street Breakfast: Must-Know News

Writedowns, trading losses for Credit Suisse. Credit Suisse (CS) reported a Q3 net loss of 1.26B Swiss francs ($1.08B) ... - but perhaps a more stable business model - going forward. In September CFO David Viniar said [more...]

Date: 2008-10-23 11:20:04

Weekly Audit for 1/15/09

Lot’s of thought provoking reads this week: Politico reports on the story of the week: Geithner’s tax oops. I’m so curious what you all think ... of working for the government! Jean at Small Business Boomers provides several resources to decide ... interactive exercise to reassess and reinvent our businesses! Image Credit: orangeacid, Flickr Tags: [more...]

Date: 2009-01-16 14:37:36

It's the Economy, Stupid

The Labor Department today reported that business productivity surged to a revised 4.3 percent annual rate in the second quarter of the year ... measure quality of output.)Higher productivity keeps inflation in check. When companies can produce ... of their lines of credit because the housing bubble has burst. The result? Employers can't sell [more...]

Date: 2008-09-04 12:27:00

Mysterious credit card charge may have hit millions of users

Source: Boston Globe - Several Internet complaint boards are filled with comments from credit card customers from coast to coast who have noticed a ... out whether an illegally obtained credit card number will work before making a bigger charge, or they’re ... at the moment. The Better Business Bureau in Louisville reports that, at least so far, those [more...]

Date: 2009-01-09 03:56:32

Crisis Planning - Many More Turning To Reverse Mortgage For Help

The unprecedented economic crisis roaring its way through every state in the country and every sector of the economy is taking a heavy toll on ... and cutting back on entertainment. About one-third have cut their credit card use and spent less ... editor. Continue Reading More From This Article Here. From The Nightly Business Report: The Reverse [more...]

Date: 2009-01-08 01:43:56

Financials, Retail Gain, Energy and Healthcare Lag

Financials shine Financials notched up solid gains, with the Select Sector SPDR ETF (XLF) up 2 ... of between 4% and 6% on Tuesday. Small business lender CIT Group (CIT), meanwhile, was down 50 ... in a Credit Suisse research report on Monday as retailers that could see earnings decline substantially [more...]

Date: 2008-12-24 21:30:20

Should a Venture Capitalist be Head of the SBA?

I was starting to get really impressed with President Elect Obama’s cabinet choices ... doesn’t provide credit access to enough small businesses. So my question is: how will we fix ... States, according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital [more...]

Date: 2008-12-24 04:43:15

Government pledges $1 bln to spur investment, consumption

The government promised Wednesday to spend around US$1 billion to spur investment and consumption and said it wants to lower taxes to help businesses ... , but officials have become increasingly worried that the global credit crisis could drag down growth ... in a report at a cabinet meeting, came one day after the government revealed what will be the [more...]

Date: 2008-12-04 16:47:00

Millions Affected by Small Fraudulent Charges Nationwide

Internet complaint boards have been busy and credit card fraud departments are scratching their heads ... is trying to find out whether an illegally obtained credit card number will work before making a bigger charge, or they’re trying to rip off tiny amounts from tons of people.” So far, most reports [more...]

Date: 2009-01-13 18:00:58

FairSoftware: Instant Software Companies

... the details of sales, credit cards, tax reporting, and splitting the money can free you to focus [more...]

Date: 2008-09-30 18:00:00

ThinkFast: January 13, 2009

“Bowing to widespread Democratic skepticism, President-elect Barack Obama will drop his bid” to offer a $3, ... for Responsibility and Ethics in Washington report has found that “17 of 24 former Bush Cabinet members have taken ... 000-per-job business tax credit in his stimulus proposal. Sen. Tom Harkin (D-IA) had called the tax [more...]

Date: 2009-01-13 14:00:16

No Whining, Dr. Phil; Joking aside, Gramm really is out

Sen. John McCain's top economic adviser, Douglas Holtz-Eakin, was on PBS Nightly Business Report on Friday night ( ... are overblown. There is no recession, only a "mental recession," the ex-Texas senator said - prompting ... the comments took place, and I'm not expecting to. (Credit for spotting and sharing this goes to the ever [more...]

Date: 2008-07-13 16:31:28

FTC shuts down O.C. debt-negotiation scam

The Federal Trade Commission said today it has shut down an Orange County debt-negotiation business that instead of helping consumers resolve their ... their bills. The result: Interest on customers’ debts grew, leading to lawsuits, bad credit reports ... bills, drove them to bankruptcy. The FTC charged that Homeland Financial Services LLC of Santa [more...]

Date: 2008-09-25 23:09:42

Corporate Bonds

Corporate bonds are firmer once again as the march of buyers continues. Trading volumes remain light as many are in year end mode. Participants uniformly report that the flow of business is skewed to the buy side and selling ... for the market and will provide some real world data points to observe if credit market rehabilitation [more...]

Date: 2008-12-30 19:53:38

Bank of America posts 4Q loss; gets $20B from US

By IEVA M. AUGSTUMS AP Business Writer CHARLOTTE, North Carolina (AP) - Escalating credit losses drove Bank of America Corp. to report a fourth-quarter loss and slash its quarterly dividend to a penny on Friday, hours after ... [more...]

Date: 2009-01-16 20:05:24

Now They’re Talking

Now They’re Talking Jennifer Rubin - 01.05.2009 - 9:45 AM The Wall Street Journal reports: ... credits for lower wage earners and non-income tax payers: As for the business tax package, a key ... on their money until after Congress passes the measure. A separate element would offer a one-year tax credit [more...]

Date: 2009-01-05 14:45:09

source: Mmegi Business ReporterBusiness Monitor International (BMI), which is facilitated by British global market researcher Companiesandmarkets ... of the ongoing financial turmoil on global markets and resultant credit crunch.A recent report by the Pan ... of the current economic difficulties,” BMI said in its Botswana Mining Report Q4 2008. In the repo [more...]

Date: 2009-01-13 14:36:06

Toyoda to be Toyota president!

TOKYO: Toyota Motor Corp would change the top management order for improving business performance ... credit and consumer sentiment. ... , has been responsible for the firm’s Japanese and overseas operations. The report comes a day after the world’ [more...]

Date: 2008-12-23 06:45:10

A Second Day of Job Cuts at Barclays

A Second Day of Job Cuts at Barclays January 14, 2009, 12:14 pm ... an additional 2,100 jobs in its retail, commercial banking and credit card businesses, The New York Times’s Julia Werdigier and Landon Thomas Jr. report from London. The announcement comes a day after [more...]

Date: 2009-01-14 17:14:13

The Downfall of AIG

Those of you outside of Washington, DC likely missed the Washington Post's three-part investigation of the events leading to the downfall of AIG ... had no risk in their credit default swap business. My experience is that when someone is willing to pay ... --there is risk.You can read the full report here. [more...]

Date: 2008-12-31 16:33:00

Top risks ... er, opportunities ... for 2009

It's the holiday season, which means it's time for the traditional Year in Review. So how shall we describe 2008? Let's see .. ... up is Ernst & Young's 2009 Business Risk Report, which lists the 10 biggest risks facing global ... , E&Y ranks the credit crunch as the top risk, followed by regulation and compliance [more...]

Date: 2008-12-19 05:50:22

recessions and businesses

Okay, so technically I’m not totally convinced that this is a serious economic downturn ... to really bad information on your credit report! ... , and it is unlikely that it will be. That said, this is absolutely a difficult time to be a small [more...]

Date: 2008-12-18 01:40:10

Government help for small business: The key points

Working Capital Scheme - Open to “ordinary-risk” businesses with a turnover of up to &beat500m - Government will guarantee up to 50pc of new and existing working capital credit lines ... Fund - A £50m fund to convert businesses’ debt into justice, announced in the pre-budget report [more...]

Date: 2009-01-16 08:09:09

Treasury Official Interviewing for Fed Job

David McCormick, the Treasury Department’s undersecretary for international affairs, ... banking business of Credit Suisse and Terrence Checki, head of the Federal Reserve Bank of New York ... despite recent reports that New York bankers are trying to draft him. He won’t be in New York interviewing [more...]

Date: 2009-01-09 14:35:00

QuickBooks Pro 2009 3 User

Amazon. com Product Description Small business accounting software that makes accounting easy with tools to organize your finances all in one place. Track sales & expenses. Click to enlarge. Reduce data entry by downloading your bank & credit card transactions into QuickBooks. Click to enlarge. Create purchase orders. Click to enlarge. Generate reports with one click to see how your business is doing. Click to enlarge. [more...]

Date: 2009-09-29 23:40:46

Obama Revives Health Care Debate

Click here to view the embedded video. Finally!  I heard a report on NPR this morning and the Obama website confirms that the Democratic ... a payroll tax for these large employers. Small businesses will get a tax credit to encourage them ... questions this week in debating health care with co-workers, post a comment at “The Country Doc Report [more...]

Date: 2008-10-05 21:12:46

Canada and the US decline in economic freedom

Each year the Vancouver-based Fraser Institute, Washington D.C's Cato Institute and over 70 other think-tanks from around the world put out a report called ... to sound money; 4) freedom to trade internationally; and 5) regulation of credit, labor and business [more...]

Date: 2008-09-19 00:42:28

It should come as no surprise that the power companies have undue power in Arkansas. They want a poison-spewing coal-fired plant, they get 'it ... is that some states have made it easier for homes and businesses to generate electricity and to get credit ... , expensive power plants. Here's a snippet from a blog item on a Stateline.org report on states [more...]

Date: 2008-06-18 10:44:02

Today in Russian Business - Jan 14th, 2009

The financial crisis is having a dire effect on migrants who depend on money from their employers to support their families back home, ... is trying to encourage residents to buy apartments, saying that reports of anticipated price drops ... had its credit rating lowered to 'junk' by Standard & Poor's. The government wants to counter [more...]

Date: 2009-01-14 11:33:41

"McCain Is The Real Health-Care Reformer"

According to the Wall Street Journal,"It's good politics for Mr. Obama. But it's bad policy. Mr. McCain's proposal -- to give every American the tax credit businesses get for buying health ... who get their health insurance at work has been shrinking. In August, the Census Bureau reported [more...]

Date: 2008-10-07 23:21:07

FTC Stops Fake 'Yellow Pages' Marketers Who Bilked Spanish-Speaking Businesses in Cross-Border Scam

At the request of the Federal Trade Commission, a U.S ... from a purported collection agency, PCM Collections, and threaten adverse credit reports and lawsuits. In many ... . According to the FTC's complaint, the defendants deceptively sell Internet business directory [more...]

Date: 2008-10-29 00:11:08

Obama Hits Back Hard Against McCain on the Economy

“I don’t know what yardstick Senator McCain uses, but where I come from, there is nothing more ‘fundamental’ than a job ... credit crunch put new pressures on banks, businesses, and families. And on Monday, we saw the single ... is nearly double what it is across this country. And a new jobs report is coming out tomorrow that experts [more...]

Date: 2008-10-02 16:45:41

Citibank Will Split Into Two Companies, Promises To Lend To Consumers [Citibank]

Vikram Pandit, CEO of Citigroup, announced today that the company would be split after reporting a net loss for 2008 of $18.72 billion. He also promised to put the money from the $700 bailout to work by extending credit to consumers ... the U.S. economy and consumers - expanding the flow of credit to U.S. households and businesses responsibly [more...]

Date: 2009-01-16 13:30:55

Contrarian money manager bullish on gold and bearish on treasuries and dollar

Report on Business: The Smartest Man We Know has heard the slurs ... the past five. Nice numbers, but once you’ve made your money calling the credit crisis and short ... . I think the Canadian dollar should go through parity. “I like the whole Canadian market. I don’ [more...]

Date: 2008-10-28 14:32:32

Mandelson extends ‘real help for businesses’

Business Secretary Lord Mandelson today unveiled a package of measures designed to address the cash flow, credit and investment needs of small and medium businesses. The support package, which builds upon the commitments outlined in November’s Pre Budget Report, consists of loan guarantees and a new [more...]

Date: 2009-01-14 10:59:05

Tips for the online safety of your credit card

  By Pinaki Ghosh Once you take the plunge into the internet marketing business, ... is scrambled over the net; which means your credit card information is safe. But the FTC (Federal Trade Commission) reports that these symbols can be duped also. • It’s not safe to pass on your credit [more...]

Date: 2008-12-17 15:43:24

Intel reports sharp profit drop

For San Francisco readers keeping up-to-date on celebrity news, ... into its chips - but there are fears that the credit crunch will impede its business plans [more...]

Date: 2009-01-16 03:00:52

Flextronics Shrs Plunge; Sanmina, Celestica Also Crumble; Report All Three Companies Losing Alcatel Business

If the world is going to cut back buying PCs, cell phones and all other things electronic, ... targets. Credit Suisse’s William Stein lowered his target to $4, from $6, while keeping his Outperform ... billion in revolving credit lines. In an attempt to explain the massive selling in the sock, he says “ [more...]

Date: 2008-11-20 12:12:00

Good Bank, Bad Bank: The Rich Win Again

So let’s see if I understand this brilliant brain fart correctly…Citigroup (C) and Bank of America (BAC) ... . What a fun game.Citigroup Reports $8.3 Billion Loss, Split Into Two Businesses: “Citigroup Inc. posted an $8.29 billion fourth-quarter loss, completing its worst year, as the credit crisis eroded [more...]

Date: 2009-01-16 13:40:00

Daily Market Preview (1/15/09)

1. Foreclosure is 81% more last year Foreclosure filings increased more than 81% last year compared with 2007 and 225% compared with 2006, according to a report from RealtyTrac. More than 861,000 homeowners lost their houses ... before the credit crisis, many were concerned that the business model would not work. As Citi [more...]

Date: 2009-01-15 19:16:28

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