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Outlook darkens for the economy

According to KPMG's quarterly national business confidence survey, more than half (53%) of executives now plan to reduce staffing levels over the coming months, with a similar number (52%) planning to implement recruitment freezes.

Back in March when the same organisations were questioned for KPMG by Opinion Leader Research, only 29% were looking at job cuts as a cost-saving measure.

Simon Jones, senior partner at KPMG's Cardiff office, said: "The clouds that were on the horizon when we first conducted this survey in the spring are now overhead, with businesses feeling the impact of this so-called perfect storm of rising inflation, tightening credit conditions and plummeting consumer confidence.

"With six out of 10 businesses looking to cut costs, redundancies may seem like the obvious, albeit painful, solution. more

Expert Offers Tips to Build Business Credit and Form a LLC or

Kevin Wessell, a nationally renowned business executive and highly respected expert in the field of business planning and corporate credit building and CEO of 1-800-Company.com, offers expert advice to those who wish to start a business: form a corporation or LLC and build business credit. Wessell explains how businesspeople can do this without affecting personal credit and regardless of personal credit history. . more

Bristol Business Consulting Internet Marketing Traffic Generation

COM, July 29, 2008 ) Capid Houser is a Bristol based strategic business marketing organisation which is headed by Stephen C Campbell who is someone who is always leading in his industry by embracing change and the new technologies. The latest service launched by the compnay (http://www.capidhouser.com/internettraffic.html.) is the provision of Internet Marketing Traffic generation service largely designed to move companies towards dominating in their local markets. It has been recognized that most companies who decide to use a website normally launches a site which exists in cyber space and in many cases may as well not exist in terms of being recognized within the scope of the overall internet. Capid Houser (http://www.capidhouser.com/) has a website design and development arm and in the past whilst providing quality websites, noted that the businesses did not have any focused internet traffic being directed to it. more

Small start-ups prefer free zones outside Dubai

Such businesses want to be in locations that suit their needs and Dubai is not necessarily the best emirate for them," Menon said.

Certain companies are only here because of taxes in their home country, he said, adding that such entities' needs are provided for by free zones outside of Dubai.

As more companies move to other emirates, Dubai's economy will not be impacted, he said.

"This is a deliberate move on Dubai's part. The government wants to target only larger businesses, which is why they stopped offering virtual offices that small and medium enterprises are attracted to," Menon said.

Comparing the free zones in different emirates, Menon said: "The immigration procedures are efficient in Dubai and Sharjah. However, in Fujairah and Ras Al Khaimah, the process is long."

He said that setting up in all free zones is easy but there are issues involved in continuity of a business in free zones other than those in Dubai and Sharjah. more

International demand lifts Manitowoc's profits The Business

The Manitowoc Co. Inc. reported higher profits for the second quarter, in part because of strong international demand for its construction cranes.

Manitowoc Co. (NYSE: MTW) reported net income Monday of $133.9 million, or $1.01 per share, for the second quarter, up 37 percent compared with $97.5 million, or 76 cents per share, for the same period a year ago.

Net sales for the Manitowoc-based manufacturer of construction cranes, lifting equipment, food services equipment and commercial ships increased 28 percent to $1.3 billion from $1 billion.

The company said operating earnings from its cranes segment jumped 39 percent because of higher demand for cranes in all of its geographic markets. Earnings from the food service equipment division grew 2 percent despite a dip in sales. more

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Tennessee Newspaper Network Survey - Chattanooga Times Free Press

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Who’s afraid of Paul Ryan? - Hotair.com

In the process of responding to Paul Ryan’s “Roadmap for America’s Future (2.0),” veteran economics writer Robert J Samuelson provides a useful summary for those who don’t have the time or inclination to read the proposal in all its ...

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Gov. Kathleen Sebelius' State of the State Address - Kansas City Star

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Let’s make 2010 about making Kansas a national leader.  We should lead the country in renewable energy.     “Accordingly, I have ... Let me close on a personal note; 28 years ago, I started law school at KU.  On the second day of class, I ...

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Live Blogging Barack Obama's Swearing-In Ceremony - DCist.com

10:45 a.m.: Here we go, America. Jill Biden and Lynne Cheney kicked things off by exiting the White House together and entering their vehicle in the motorcade, followed by then Michelle Obama and Laura Bush. Vice President Dick Cheney was then ...

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Mobile Operators: Big Is Good, Smart Is Better - BusinessWeek

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February 2010 - Posts - MSNBC Firstread

According to Pennsylvania's Secretary of State's office, Pennsylvania Gov. Ed Rendell (D) has 10 days to set a date for a special election to fill the remainder of John Murtha's term. That date cannot come any sooner than 60 days after issuing this ...

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