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Small Business Finance News

Banks urged to reveal loan rejection criteria Wednesday, March 10, 2010 @ 5:21AMA fifth of all small business owners who have been refused a loan are completely in the dark about why they were rejected, it has been revealed. The most common reason given to businesses that are told why their loan was denied is inadequate security.
Banks lift Abu Dhabi to 15-week high Wednesday, March 10, 2010 @ 5:10AMUPDATE 3: Dubai ends lower for first session in five as some investors book profits.
India figures at Berkeley Asia business meet Wednesday, March 10, 2010 @ 4:43AMEnterprise, entrepreneurship, risks and returns were the buzzwords at the Tenth Berkeley Asia Business Conference 2010 last month that saw for the first time the holding of an India forum, evidently in recognition of the country's growing economic prowess.
Customer Service Wednesday, March 10, 2010 @ 4:42AMNEW YORK - Derivatives have become a dirty word. The complex financial products helped blow up the U.S. housing market. They all but sank AIG. Now European officials want to crack down on a derivative called a credit default swap.
Curbing derivatives could make it harder for Greece to dig itself out of debt, experts say Wednesday, March 10, 2010 @ 4:41AMNEW YORK - Derivatives have become a dirty word.
Nigeria : Sec Boss Renews Call For Listing of Telecom, Energy Giants Wednesday, March 10, 2010 @ 4:20AMFinance Editor — The cream of the nation's capital market, both regulators and operators, gathered in Lagos at the weekend for the reception organised by members of the Harvard Business School Alumni Association (Nigeria) in honour of Ms. Arunma Oteh, the new Director-General of the Securities & Exchange Commission (SEC). She resumed earlier January, replacing Ms. Daisy Ekineh, who acted in that ...
End in sight for Bank Century circus Wednesday, March 10, 2010 @ 4:12AMDENPASAR, Bali - An investigation of Indonesia's Bank Century, which required a bailout in 2008 that eventually climbed to 6.7 trillion rupiah (US$720 million), has been taken up by the quasi-independent Corruption Eradication Commission (KPK), a move that should end the political circus surrounding the looted lender.
Firing the $70 billion man: Full version Wednesday, March 10, 2010 @ 3:53AMOn November 19, 2009 Jeffrey Gundlach was named a finalist for Morningstar's award for bond fund manager of the decade. For Gundlach, the nomination recognized 10 years of stellar results, exceeding even the returns of the legendary king of bonds, Bill Gross.
Northern Lehigh School District likely to see 1.5-mill tax increase Wednesday, March 10, 2010 @ 3:11AMResidents of Northern Lehigh School District are likely to see a 1.5-mill real estate tax increase in the district's 2010-11 budget, about half the average increase across the state.
Lansing Mayor Virg Bernero proposes state-owned bank Wednesday, March 10, 2010 @ 3:03AMLansing Mayor Virg Bernero wants to make taxpayers stakeholders in the state's economic recovery.
Saratoga County residents concerned about state spending Sunday, March 7, 2010 @ 1:39AMBALLSTON SPA — About 70 Saratoga County residents turned out to talk with Sen. Roy J. McDonald, R-Saratoga, during a public hearing on the state budget Saturday morning at Wood Road Elementary School in Ballston Spa.
The Spring-Ford Reporter/The Valley ItemDatebook Sunday, March 7, 2010 @ 1:38AMDateBook Notes
Happy 60th, McCue Sunday, March 7, 2010 @ 1:34AMNew Britain-based McCue Mortgage Co., the largest independently-owned mortgage lender in the state, celebrates 60 years in business this year.
Bab Rizq created 2,350 jobs for young Saudis in February Sunday, March 7, 2010 @ 1:16AM06 March 2010 JEDDAH: Bab Rizq Jameel (BRJ) has created more than 2,350 job opportunities locally and internationally for young Saudi men and women in February.
At Westminster's business school, 'integration' unlocks the world Sunday, March 7, 2010 @ 1:10AMOnce upon a time, students taking college-level business courses typically focused solely on such fields as marketing, finance or accounting. An accounting major really didn't worry about what went on in marketing -- and vise versa.
District 76 race draws big money Sunday, March 7, 2010 @ 1:07AMEL PASO -- The median household income in state House District 76 is $23,400 a year, a little more than half the national average. Almost half of the voters do not have a high-school diploma. About 12.4 percent of the adults are unemployed, more than 2 percentage points higher than in El Paso as a whole.
GOP candidates for treasurer square off Sunday, March 7, 2010 @ 1:06AMQualifications and investment strategies were main subjects of contention when the three Republican candidates for Colorado treasurer debated for the South Metro Denver Chamber of Commerce on March 1.
China faces new pressure to let currency rise Sunday, March 7, 2010 @ 1:05AMChina faces mounting pressure from trading partners to loosen currency controls and is giving signs it might raise the value of the yuan to ease strains on its fast-growing economy.
Dollar-rich China investing in U.S. Sunday, March 7, 2010 @ 12:52AM"Made in China" now has a fast-growing sibling: "Bought by China." Beijing is using its accumulation of billions of American dollars to step up its investments around the globe.
Bab Rizq created 2,350 jobs for young Saudis in Feb Sunday, March 7, 2010 @ 12:43AMBab Rizq created 2,350 jobs for young Saudis in Feb
Birdwood Viaduct a step closer Sunday, February 28, 2010 @ 6:18AMThe North Platte Telegraph The Lincoln County Commissioners took another small step Monday on the Birdwood Viaduct project after approving a supplemental agreement for the design contract with TransSystems Corporation.
DIFC Economics Workshop Discusses Prospects for IPOs and M&As in the MENA Region Sunday, February 28, 2010 @ 6:14AMDubai, 28 February 2010: The DIFC Authority today hosted an economic workshop to discuss the prospects for initial public offerings (IPOs) and mergers and acquisitions (M&As) in the Middle East and North Africa (MENA) region.
Flexibility & innovation Sunday, February 28, 2010 @ 6:06AMSome small businesses are not just surviving but thriving - even benefiting - from the economic weakness that has battered so many other smaller firms.
Business : Cutting UK company tax costs 3.5 bln sterling Sunday, February 28, 2010 @ 6:01AMBRIGHTON, England - Cutting British taxes on company profits would cost 3.5 billion pounds ($5.3 billion) each year, but it can be paid for by scrapping some business tax reliefs, the opposition Conservatives said on Sunday.
Niagara Honor Roll / Achievers and achievements Sunday, February 28, 2010 @ 5:41AM• Niagara County Community College Vice President of Workforce Development Randy Bowen has announced the hiring of Jack Dezik as a financial specialist for the Small Business Development Center at NCCC.
Cutting company tax costs £3.5 billion-Osborne Sunday, February 28, 2010 @ 5:01AMCutting British taxes on company profits would cost 3.5 billion pounds each year, but it can be paid for by scrapping some business tax reliefs, the Conservatives said on Sunday.
CareTech Solutions Honors Five Hospitals with Rising Star Awards Sunday, February 28, 2010 @ 5:00AMCareTech Solutions , an information technology and Web products and services company serving U.S. hospitals and health systems, will honor five of its clients with Rising Star Awards on Monday, March 1 at 12:30 p.m. from the company's booth at HIMSS10 annual conference and exhibition at the World Congress Center in Atlanta, Georgia. Â The company presents the award annually to hospital clients ...
Retirement tips Splitting shares doesn’t change bottom line Sunday, February 28, 2010 @ 4:47AMAsk the Fool: I see that Warren Buffett’s company, Berkshire Hathaway, just split its B shares 50-to-1. Is that good news? – T.W., Chicago
Life sciences research centre to be set up in San Ġwann Sunday, February 28, 2010 @ 4:36AMThe Maltese delegation led by Joseph Sammut (third from the right) at the new EMBL advanced training centre in Germany earlier this month. A €20 million Life Sciences Centre is to start being developed later this year at San Ġwann industrial estate on the site currently occupied by Malta Enterprise.
Buffett's Bargain Shopping Spree Sunday, February 28, 2010 @ 4:30AMGRAHAM BOWLEY Warren E. Buffett described using the last 18 months to scoop up a string of assets and strengthen his company.
AP Weekly News Calendar Saturday, February 27, 2010 @ 6:19AMBy The Associated Press Eds: Major scheduled events for the week of Feb. 28-March 6, 2010. Note that many events, especially court appearances, are subject to change at the last minute.
AP Weekly News Calendar Saturday, February 27, 2010 @ 6:17AMEds: Major scheduled events for the week of Feb. 28-March 6, 2010. Note that many events, especially court appearances, are subject to change at the last minute.
It’s time to share the ‘best kept secret’ about Shelby County Saturday, February 27, 2010 @ 6:07AMNext week our Taste of Shelby County banquet we will celebrate the strength of our community, its strong agricultural heritage and its present-day firms or farms. We’ll discuss and work to coordinate opportunities yet to come. Shelby County will be in the spotlight, especially in the ag sector. Brownfield Ag Networks, Indiana AgriNews, Farmworld and, of course, local media will be present.
World’s banker engages the poor Saturday, February 27, 2010 @ 5:59AMv\:* {behavior:url(#default#VML);} o\:* {behavior:url(#default#VML);} w\:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);} 0 false 18 pt 18 pt 0 0 false false false ‘“ ’” /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5 ...
Study predicts bright year for Vietnamese employees Saturday, February 27, 2010 @ 5:49AMVietnamese companies are the most optimistic in the world about hiring new staff members this year, a new study by Grant Thornton revealed.
In Brief - Big Island Saturday, February 27, 2010 @ 5:47AMAlleged pharmacy robber charged A 28-year-old Puna man has been charged in connection with the armed robbery of a Hilo pharmacy on Tuesday morning.
2004-06-16 Wednesday, June 16, 2004 Saturday, February 27, 2010 @ 5:23AMAmong many other pleasures, visitors come to Estes to relax and fill their lungs with fresh, mountain air. They may not realize that it's pine pollen season and for those with allergies and asthma, the combination can prove to be a serious health hazard.
Principal touts ESJ upgrades Saturday, February 27, 2010 @ 5:17AML’Observateur RESERVE – East St. John High School Principal Patricia Triche recently got a chance to tout her school’s improvement plan to the St. John the Baptist Parish School Board.
Douglas Fraser on the big British bank break-up Saturday, February 27, 2010 @ 5:15AMDouglas Fraser on the big British bank break-up
Citadel's DePietro uses hedge-fund skills to direct first movie Saturday, February 27, 2010 @ 5:12AMDirector Julio DePietro, foreground, works on the set of the film "The Good Guy" at an undisclosed location on Aug. 8, 2008. DePietro made the transition from the hedge- fund world into the movie business.
Dry pot for water overcharges: Oak Park Heights denies county's refund request Tuesday, February 23, 2010 @ 12:35PMOAK PARK HEIGHTS - Oak Park Heights City Council members on Tuesday rejected Washington County's request for a $115,000 refund on overcharges for water and sewer services that the city provides to the county.
Kendrick Gives WVU Fund Another $125,000 Tuesday, February 23, 2010 @ 12:07PMWest Virginia University alumnus Ken Kendrick is giving the school's College of Business and Economics another $125,000.
On Investing: Statement of Walter Welsh, Americans for secure retirement Tuesday, February 23, 2010 @ 12:04PMThe following is a statement made by Walter Welsh, on behalf of Americans for Secure Retirement, to the U.S. House Ways and Means Committee on May 19, 2005.
Commerzbank warns it may not make profit this year Tuesday, February 23, 2010 @ 12:03PMFRANKFURT: Commerzbank, the second-biggest German bank, yesterday reported a sharp loss for 2009 and warned it may not make a profit this year as the economic crisis is not over yet.
Jobs Bill May Get U.S. Senate Vote Today After Clearing Hurdle Tuesday, February 23, 2010 @ 11:49AMThe U.S. Senate may take a final vote today on a $15 billion jobs bill after a handful of Republicans, including Scott Brown of Massachusetts, broke with party leaders to help advance the Democratic measure.
WEB FIRST: Traub announces candidacy for Connecticut's 65th District Tuesday, February 23, 2010 @ 11:41AMTORRINGTON — Republican Town Committee chairperson, Wendy Traub announced her candidacy for Connecticut’s 65th district at a press conference at Hemlock Directional Boring this morning.
Job Bill Clears Hurdle in U.S. Senate With Republican Support Tuesday, February 23, 2010 @ 11:26AMFeb. 23 (Bloomberg) -- A $15 billion jobs bill cleared a procedural hurdle in the U.S. Senate yesterday after a handful of Republicans, including Scott Brown of Massachusetts, broke with their party leaders to help advance the Democratic measure.
Plex From Yo Gabba Gabba! to Visit Charleston Mall Tuesday, February 23, 2010 @ 11:22AMKids of all ages can dance to their favorite Yo Gabba Gabba! songs this weekend in Charleston.
Chicago trader goes from hedge funds to filmmaking Saturday, February 20, 2010 @ 2:32PMAfter graduating from Harvard University in 1993, Julio DePietro got a job with Citadel Investment Group, then a small, obscure financial firm in Chicago. He planned to stay just long enough to pay off his student loans.By the time DePietro left 10 years later, he was a partner at one of the world's largest hedge funds."When I started at Citadel, I didn't know anything about finance," he said ...
Gravette Man Running For Congress Saturday, February 20, 2010 @ 1:08PMTimes Record Staff Gravette businessman Kurt Maddox on Friday joined the growing field of candidates seeking the Republican nomination for the Arkansas 3rd Congressional District seat being vacated by U.S. Rep John Boozman.