Crime doesn’t pay…
sourceFor many of us, the stock market debacle of 1929 conjures images of devastated investors leaping from upper-story windows; ... today.As the Financial Times reports, corporate fraud is spiking:Fraud is closely correlated with the business cycle… As the downturn deepens and companies struggle for credit, the more managers [more...]
Date: 2009-01-09 00:31:49
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News: Government's real help for business
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 11:20:00
Back In Business @ The Roundup
I’m just getting settled here at home after getting back from a 14 hour flight ... to be. Frugal Dad tells us how to resolve credit bureau reporting errors. Money Smart Life: shares [more...]
Date: 2008-10-26 16:24:35
Intel reports sharp profit drop
Slowing demand for computers has hit chipmakersSlowing spending on computers saw Intel profits fall by 90% from $2.3bn to $234m (£159.6m) ... is building into its chips - but there are fears that the credit crunch will impede its business plans. [more...]
Date: 2009-01-16 13:45:49
Officescape Launches New Telework Solution
Officescape is getting off to a busy start in 2009, no doubt leveraging the credit crunch and the down economy that’s buoying its industry ... of a distributed workforce, whether it’s a multinational company or a small group of partners scattered ... in 2006, according to a report issued by WorldatWork. In total, the sum of teleworkers (both [more...]
Date: 2009-01-16 23:54:30
U.S. Chamber of Commerce Unveils State of American Business Report
The two seem to make an unlikely pair, but according to the CEO of the U.S ... to get our economy going in a forward motion," Josten said. "One is credit and the other is confidence - and we ain’ [more...]
Date: 2009-01-07 22:20:43
Four at Four: Looking for Cash
Whatever remaining euphoria that existed on expectations for the passage of a mighty bailout package that will cure all bad debts and even ... s not ideal.” Business as usual means looking forward to the jobs report due out in the morning, the lackluster demand for consumer goods, and ongoing credit problems that have reduced borrowing [more...]
Date: 2008-10-02 11:40:00
Citigroup Posts $8.3 Billion Loss, Splits Up Company
NEW YORK — Citigroup said Friday it is splitting up into two businesses as it reported a fourth-quarter net loss of $8 ... and banking revenue, and $5.3 billion on the value of credit derivatives. It also lost $2.5 billion [more...]
Date: 2009-01-16 13:14:43
No Financials Required - Commercial Lending
If you search the internet for factoring or accounts receivable financing programs you have probably seen many companies claim, ... companies (”factors”) without financial statements. As a small business owner that performs multiple ... for your company without having to prepare a large amount of reports. But can a bank loan or line of credit [more...]
Date: 2009-01-08 01:40:00
Banks put their hands up
The local banks turned up at the Assembly a month after they were requested to do so and put their hands up ... with the credit crisis had not always been fairly treated. Business, personal users and people ... . I blogged about this a couple of times before Christmas. PA has a good report on the proceedings [more...]
Date: 2009-01-15 09:21:49
The Year in Business: 2008
ABC News’ Daniel Arnall reports: 2008 has been the most important year in the lifetime of every working-age American ... say this firm -- the bookie for hundreds of billions in credit default swaps -- was too big to fail [more...]
Date: 2008-12-31 15:10:56
Fannie teed up. Are you teed off?
Housing headlines of note in today's Los Angeles Times Business section: --"Fannie regrets golf excursion," ... not dispute the report, described the event as a mortgage industry customer meeting held twice ... for the quarter would fall by half to $1.5 billion. -- Lauren Beale Your thoughts? Comments? Photo credit [more...]
Date: 2008-11-05 20:53:11
He Gets Credit For Candor
He Gets Credit For Candor Jennifer Rubin - 12.18.2008 - 2:56 PM Pro-business groups and conservatives aren’t the only ones, we learn from this report, who see a problem for “card check” legislation in Blago-gate: Gerald ... when the FBI linked a competing union to Gov. Rod R. Blagojevich’s effort to sell Illinois’ U.S. Senate [more...]
Date: 2008-12-18 19:56:56
IIT placements slow down
This report was the first indication that it's not 'business as usual' at the IITs ... companies like Shell, RIL, Credit Suisse, HUL, Transocean, Dell and NetApp had initially said they would [more...]
Date: 2008-12-10 19:09:00
UAE's Loan Quality To Worsen: Moody's
Source : The Business Times, January 15, 2009(DUBAI) ... the past four to five years,' John Tofarides, a Dubai-based Moody's analyst said in a report. 'These factors will negatively affect the credit environment over the next 12 to 18 months.' UAE's small [more...]
Date: 2009-01-16 16:20:00
Financial Crisis: missing the beat?
In Business Day yesterday, Anton Harber asked whether newspapers have ’explained (the financial crisis) ... Ritz and the web production team have done an excellent special online report (ok, lots of us don’ ... Another Bank, Credit Crisis and Market Failure (18 September), SA Banks are Safe (19 September), Morgan [more...]
Date: 2008-10-02 08:56:37
The General Electric Unit Sale: Obama’s Energy Plan to the Rescue?
Why sell a business just when its prospects could improve? ... to work. As Credit Suisse’s Nicole Parent noted in a Dec. 9 research report, GE [more...]
Date: 2008-12-17 10:01:00
The General Electric Unit Sale: Obama?s Energy Plan to the Rescue?
Why sell a business just when its prospects could improve? ... to work. As Credit Suisse’s Nicole Parent noted in a Dec. 9 research report, GE [more...]
Date: 2008-12-17 10:01:00
Dan Gainor on Fox News, Discusses Decline of Media
Vice President for the Business & Media Institute, Dan Gainor, spoke with Gretchen Carlson, host of "America's News HQ," ... , as reported in the paper Dec. 7. The Times said its credit rating from Standard & Poor's recently ... bankruptcy and cut jobs in many print news bureaus. [more...]
Date: 2008-12-10 15:32:25
Everybody Thought They Were Rich In California
The Bay Area Newsgroup reports from California. “Over the year that ended in July, ... of Business at University of California-Berkeley. ‘It is clearly the worst since the 1930s.’” “Financial institutions are already tightening up on terms, conditions, rates and amounts of credit [more...]
Date: 2008-09-16 20:00:21
Downgrades of European Real Estate Companies More Likely
The European real estate sector’s business model resilience and companies’ financial policies will be tested over the coming months, Standard & Poor’s Ratings Services says in a new Industry Report Card. In the context of lower investor ... . Technorati Tags: credit-ratings, European real estate, standard-and-poors [more...]
Date: 2009-01-12 15:24:08
Pre Budget Report: Live Blog
Fasten your seatbelts. You can comment in real time - comments are unmoderated.4.38 ... more for NHS wage bill. £2 bn for British business. Precision guided missle at the heart of economic ... . Pensioners: pension credit goes up to £130 for couple - above indexation. Biggest increase since 2003 [more...]
Date: 2008-11-24 15:21:00
It’s Time To Cut Back In California
The Union Tribune reports from California. “ABA Recovery Service owner Marcelle Egley-Sparks said that in the past year, ... of the Center for Consumer Financial Services at E. Philip Saunders College of Business in Rochester, N.Y. ... During its first 73 years, San Diego Metropolitan Credit Union never lost money on a real estate loan [more...]
Date: 2008-08-24 18:28:13
JP Morgan:2009 Cloud Computing Outlook
Bert Bouwhuis pointed me to the a report by JP Morgan on Internet-oriented companies, ... computing was on track to be the buzzword of 2008 until it was displaced by the credit crunch. But beneath ... and cloud applications for the consumer and small businesses due portability, collaboration, convenience [more...]
Date: 2009-01-06 21:37:09
NACUBO: The FTC's Red Flag Rule Identity Theft Prevention Rule May Affect Colleges
The National Association of College and University Business Officers notes that the FTC's Red Flag rule likely applies to colleges ... of consumer reports must develop reasonable policies and procedures when they receive notification from a credit agency that there is an address discrepancy. Second, that financial institutions [more...]
Date: 2008-09-26 17:00:00
The Days Of Selling For An Unreasonable Price Are Gone
The Rocky Mountain News reports from Colorado. “Caroline Hoyt, whose company next Saturday is opening the Casitas at Stapleton, ... contracts. We don’t accept contingencies. They all fell apart over credit issues.” “If you want ... markets for years.” “‘When I got into the business nine years ago, all the stories were [more...]
Date: 2008-09-15 21:01:45
Credit Crisis Sequel, Global Bank Bailout, Emerging Markets Still a Buy?, Gas Wars and More!
Ghosts of the fourth quarter haunt global financials… so begins the second act of the credit saga… Even the IMF needs a loan… $150 billion to back ... and notprofitable) segments of the business. Robert Rubin, who among other things helped create this “ ... predicted today. According to Morgan’s report, profits at HSBC will decline “sharply” this year [more...]
Date: 2009-01-16 15:28:24
No Costs Are Fixed
My first year in business was bewildering. The various services necessary to run a business took some effort to figure out and pull off at the right time. Insurance, credit card processors, telephone and Internet, payroll and accounting, and even ... guys handled. A smart company has IT report to finance because techies are like kids in a candy [more...]
Date: 2009-01-08 08:01:00
The Problem With The Housing Market In California
The Press Enterprise reports from California. “For Inland Empire Auction in San Bernardino, ... . Finally, there was the credit crunch. It has all added up to a slow summer for auto dealers ... sales manager for Merle Stone Chevrolet in Tulare. ‘Everything has dropped.’” “‘ Business [more...]
Date: 2008-09-09 21:31:47
Understanding Sun's Business - Q1 Results
We announced our earnings today, and put specifics around our preannouncement from a week ago ... , which reflected a dramatic slowing in the US and Europe, and the effects the credit crisis is having ... for investors and analysts, we've added a new management report to our quarterly updates [more...]
Date: 2008-10-30 21:46:37
Beige Book in a tag cloud: Continued gloom
The Fed’s Beige Book is a hefty document that several times a year pulls together reports on economic activity from each of the Federal Reserve's 12 ... have been worse. To their credit, the Beige book's writers used many different phrases: "continued to weaken ... cloud! activity banks business commercial conditions construction consumer contacts [more...]
Date: 2009-01-14 20:53:43
Citigroup plans to shed 53,000 jobs
Citigroup plans to shed 53,000 jobs by The Star-Ledger Business Desk Monday November 17, 2008, 9: ... of its work force, according to a report on Bloomberg News. The cuts are on top of a previous round ... of the contraction in the financial industry, which has been by crippled by the ongoing credit squeeze and exposure [more...]
Date: 2008-11-17 14:59:52
#15-AubreyJ’s Energy Update Report - November 12, 2008
AubreyJ’s Energy Update ReportOil Tycoon T. Boone Pickens puts hold on Wind Farm -Touts Natural-Gas Vehicles - Russia, Iran and Qatar hold talkson formation of NEW Gas CartelWednesday, November 12, 2008. Image Credit - John McCain Campaign Website.* The Arizona Republic has this article posted in their Business [more...]
Date: 2008-11-12 19:19:00
Amici Brief Exposes Risk to CA Businesses if Gay Marriages Annulled
Amici Brief Exposes Risk to CA Businesses if Gay Marriages Annulled January 16, 2009 By: jaysays Category: ElectionO8, Gay Marriage Rights, ... , they: extended credit in reliance upon California’s laws applicable to community property ... Continuation Benefits Replacement Act; took advantage of state tax reporting privileges based on married [more...]
Date: 2009-01-16 23:00:29
Charon Reports: On Twitter - Are you going to put some skin in the game?…
“Twitter is becoming ever-more powerful. You can tell when businesses, brands and governments start putting skin in the game ... at Twitter. Today, as Winter tightens its grip on credit-crunched and completely financially knackered Britain, I get my podcasting kit and WWII helmet out and trawl the world to report on Twitter… [more...]
Date: 2008-12-14 14:45:45
S&P: Credit losses will rise into 2010
Credit ratings agency Standard & Poor’s expects nonperforming loans to continue to rise through 2009 and into 2010, ... for Biz2Credit. Biz2Credit is a small business marketplace that provides entrepreneurs ... to increase amid the widening economic downturn, Standard & Poor’s said in a new report released [more...]
Date: 2009-01-11 02:34:39
Wishful thinking from castro's Canadian business partners
Sherritt International is a Canadian firm that's been in bed with castro, inc. for many years now ... . This is from theirquarterly report which was released yesterday: Sherritt's Oil and Gas ... . As at September 30, 2008, the Oil and Gas credit risk exposure related to its share of accounts [more...]
Date: 2008-10-30 10:05:45
Gov’t and Economic Interests as Bedfellows
Recently there have been a number of observers from all corners of the political spectrum increasingly worried about the growing collusion between Washington, DC and the powerful economic interests in our country. The discourse on this issue reminds me of the “governmental support” German economist Wilhelm Röpke spoke of in A Humane Economy : “The market and power do not go well together, and anyone who wished to use his strong position vis-à-vis some buyer or seller to establish a dominating [more...]
Date: 2009-10-01 16:44:41
Is the 6-month Stock Market Rally About to End?.
by Bob Chapman Global Research October 1, 2009 The G-20 Pittsburg Summit ended last Friday. Their official statements made for some novel and interesting reading. We were informed that the group could by working together could manage a transition to a more balanced pattern of global growth. Tending to domestic demand as private savings increase. It is obvious to us this cannot work. We are seeing increased savings and decreased consumption. The IMF as well agrees with these policies. [more...]
Date: 2009-10-01 17:54:55
Could Goldman Sachs Share GM’s Fate?
Investment banks have gotten fat off the land since 1982, when the great U.S. bull market got its start. Their business has multiplied many-fold, and their earnings have soared into the stratosphere, to a level far higher than any other sector. Now, JPMorgan Chase & Co. (NYSE: JPM ) has issued a report suggesting that investment-banking returns on capital will be sharply down over the next few years. Perhaps this will be only a moderate downturn. [more...]
Date: 2009-10-01 18:38:32
Could Goldman Sachs Share GM’s Fate?
Investment banks have gotten fat off the land since 1982, when the great U.S. bull market got its start. Their business has multiplied many-fold, and their earnings have soared into the stratosphere, to a level far higher than any other sector. Now, JPMorgan Chase & Co. (NYSE: JPM ) has issued a report suggesting that investment-banking returns on capital will be sharply down over the next few years. Perhaps this will be only a moderate downturn. [more...]
Date: 2009-10-01 18:38:32
Toyota Massive Recall
Press Release Service – Wired PR News – Toyota Motor Corp. has announced plans for the largest recall it has ever had in the U.S. As reported by the Associated Press (AP), the company is recalling 3.8 million vehicles in the country due to issues with floor mats, which may potentially cause accelerators to stick and drivers to crash.Toyota spokesman Irv Miller is quoted in the report as stating of the potential hazard, “A stuck open accelerator pedal may result in very high vehicle speeds and make [more...]
Date: 2009-10-01 15:46:25
The US needs the world to help them clean up the internet
Okay so this isn’t the way the BBC worded it when they published their article this morning, but I can’t help thinking they should have done. The US Department of Homeland Security has said… "all computer users, not just industry and government, have a responsibility to practice good ‘cyber hygiene’" Which, if they’re aiming that comment at at anybody outside of the US is nothing short of complete hypocrisy. This map below will demonstrate why I’m saying this. [more...]
Date: 2009-10-01 11:36:04
Real Estate Investing – Why And How
In the world of Globalization, everybody wants to make investments for varieties of reasons like to secure his future, for his family or may be for more success and wealth. Now the investments options available are stocks, bonds, gold, bank certificates and deposits offering easy and good returns. These options are quite simple to make; just visit them, give your funds and you’re sorted out; however Investments in Real estate are little bit complicated to understand. [more...]
Date: 2009-10-01 23:17:46
PERSS ENCOUNTER WITH PM HIGHLIGHTS, DIRE NEED FOR NEW VISION FOR ETHIOPIA - By Genet Mersha
In the wake of his ‘involuntary anointment’ as chief executive of the state and the ruling party, Prime Minister Meles Zenawi has once again shifted to a high gear with a new five-year term securely under his belt. Although his decision was not unexpected, the 360 degrees shift of from the spring, winter, summer and beyond of his oft-expressed decision to quit his job as prime minister has not gone unnoticed. Owing to that, the prime minister has encumbered himself with expectations. [more...]
Date: 2009-10-01 14:45:04
Posts about Obama Health Care Failure as of October 1, 2009
Conference call: Tim Pawlenty and the Freedom First PAC - hotair.com 10/01/2009 We had an opportunity to talk with Minnesota Governor Tim Pawlenty to discuss the launch of his Freedom First PAC. Pawlenty says that he’s worried that freedom is being corroded by a “tyranny of a creeping bureaucracy.” Pawlenty wants to re-elevate the principles of freedom and liberty, including an effort to educate people on their value and to impact current policy. Pawlenty plans a particular effort to [more...]
Date: 2009-10-01 12:59:05
Workplace Wellness Has Major Cost Benefits
Press Release Service – Wired PR News – Research suggests workplace wellness programs can significantly reduce risk factors for major health complications such as heart disease. As reported by HealthDay News, the American Heart Association recently released a new policy statement suggesting companies could reduce costs on health care expenses for employees with the implementation of effective workplace wellness programs.Mercedes Carnethon of Northwestern University’s Feinberg School of Medicine [more...]
Date: 2009-10-01 15:46:25
Online Business � 10 Steps To Setting Up Your Business Online
An online business will extend a business’ reach to more prospects they can market to. Entrpreneurs realize that there is a huge opportunity on the internet to market to their prospects � it’s also cheaper. However, this no small project. Creating a professional online presence requires planning and organization. Here are 10 steps you need to follow to launch a business online. 1. Domain Name Register a name for your website. Choose a name that is short and easy to remember. [more...]
Date: 2009-10-01 23:17:28
Would You Like To Find Out How Airmiles Creditcard Can Help You Fly For Free!.
In the midst of the growing costs of airfare, the having a airmiles credit card that earns airmiles with purchases appeals to several people. Both American Express and Discover own such products. Any product spoken about in this commentary has an online application form, which helps speed your way into enjoying an air miles credit card. American Express airline rewards programs include such features as: The ability to earn travel miles on all you buy with the Card. [more...]
Date: 2009-10-02 00:15:12
Senate Climate Battle Is On
Progressive Breakfast: Senate Climate Battle Is OnProgressive Breakfast10/1/09 7:11 AM Isaiah J. Poole Health Care for All An Economy for All 501c(3) Progressive BreakfastThe legislative battle to lower greenhouse gas emissions is finally getting into full gear in the Senate with Wednesday’s introduction of a comprehensive climate change bill.McClatchy News Service reports:The landmark legislation — called the Clean Energy Jobs and American Power Act — would force the U.S. [more...]
Date: 2009-10-02 00:03:18
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