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Small-business bankruptcies rise 81% in California

Small-business bankruptcies rise 81% in California

With credit tight and consumers still pinching their pennies, many business owners find they can’t go on. By Nathan Olivarez-GilesDecember 22, 2009 The Obama administration’s new plan to give a boost to small businesses reflects continued trouble in that sector, which is facing new failures even as much of the nation’s economy is stabilizing. As [...]

December 22 2009 | Posted in Latest Stuff, U.S. News & Reports | Read More »

Chavez threatens to nationalize Venezuelan banks

Chavez threatens to nationalize Venezuelan banks

By Walker Simon Walker Simon – Sun Nov 29, 6:43 pm ET CARACAS (Reuters) – Venezuelan President Hugo Chavez said on Sunday he could nationalize private banks unless they comply with the law, adding he had “no problem with that because the banks don’t want to extend credit to the poor.” In a broadcast from [...]

November 30 2009 | Posted in Latest Stuff, World News & Reports | Read More »