Business Loans Article
Let's cover Paterson and the people's business
The fellow grumbled over his coffee at our favorite shop the other day. He didn't like what he was reading on the front page of The Post-Standard.
"Tell your boss," he shouted at me, "to quit running these stories. We need to move on to serious business."
He spoke about the story on the front page about David Paterson, our new governor of New York, having bad eyesight. My companion argued being legally blind doesn't affect his ability to think and govern.
He's right.
The chap added he doesn't need to see any more stories about David's marriage and infidelities, either. "That's a private matter," he said, lowering his volume a bit.
Right again.
Let the governor and his helpers have at the state's economy, the pending budget and other matters. more
Business news in brief
Here is a selection of business news tidbits from this week's paper and possibly some news items that didn't make it into the paper.
BBB seeks ethics awards nomineesThe Wisconsin Better Business Bureau is looking for a few great Wisconsin companies and charities to recognize for outstanding business ethics and integrity.The BBB is seeking nominations for the 2008 Torch Awards for Business Ethics and Integrity, which honor businesses and charities statewide that have demonstrated high ethical standards and exemplify excellence in business practices.This year's winners will be announced at a luncheon ceremony on Oct. 15 at the Italian Community Center in Milwaukee. There is no cost to apply, and businesses do not have to be a BBB member to apply. The application deadline is July 14.Awards are given in several categories, depending on the businesses' number of employees.Last year's winners were: The Zoological Society of Milwaukee, Barb's Interior Design (Cedarburg), Gardan (Hortonville), J.P. more
Knox commissioners admit discussing county business in private
Four Knox County commissioners said they've recently discussed county business in private, an apparent violation of the state's Open Meetings Act, also known as the Sunshine Law.
County law director John Owings questioned the commissioners Monday night to get a six-month update on a judge's injunction after a jury last fall convicted 11 commissioners of violating the Open Meetings Act.
Current Commissioners Greg "Lumpy" Lambert, Paul Pinkston, Bob Rountree and Victoria DeFreese said they had private discussions on issues related to county business.
A fifth commissioner who's also the former chairman, Scott Moore, declined to answer.
The rest of the 15 commissioners responded that they had not discussed in private anything relating to county business. more
Women's Business Centers offer advice and assistance to entrepreneurs
Jamie Friedrich wants to start a preschool near her home in downtown Kansas City.</p><p>Friedrich, 30, and her business partner almost bought an existing business last year. What stopped them was sound financial advice from the <strong>Missouri Women's Business Center </strong>in Kansas City.</p><p>“They kept us from buying an overpriced business,” Friedrich said. “The owner had an unrealistic idea about the value of the property.”</p><p>Three years ago, Deneen Slack and her husband bought <strong>Consolidated Printing Supplies </strong>in Overland Park. Suddenly, Slack, who is president of the company, found she had adjustments to make in shifting from working as an employee to being a business owner.</p><p>Slack turned to the <strong>Kansas Women's Business Center </strong>in Lenexa. more
16 dead as Midwesterners eye rising rivers; snow cancels hundreds of flights at Oâ€Hare
FENTON, Mo. (AP) — Flood-weary Midwesterners fought Friday to save their homes and businesses from rivers spilling over their banks after rainstorms blamed for at least 16 deaths moved through the region.Thousands of people from Arkansas through Ohio were staying in shelters or with relatives as flood waters lapped against their homes.Major Byron Medloch of the Salvation Army said Friday that 1,000 people displaced by the Meramec River in eastern Missouri were housed in shelters. Another 1,000 were in shelters near Poplar Bluff in far southeast Missouri, where the surging Black River breached several levees."People are tired," Medloch said. "Tired of fighting and tired of waiting. They’re just frustrated because they can’t get back into their homes."
To the north, a fresh snowstorm blew through Minnesota and Wisconsin and into the Chicago area, and forecasters said the storm could leave as much as 9 inches of heavy snow in the region. moreBusiness loans
WASHINGTON (Reuters) - Democratic congressional leaders seeking to salvage a bailout of the Big Three automakers demanded car executives provide a business survival plan on Thursday in exchange for their support for up to $25 billion in loans ...
Read moreDemocrats demand Big 3 offer survival plan - Washington Post
The bosses of America's top three automotive firms - General Motors (GM), Ford and Chrysler - have called on the government to throw them a $25bn lifeline. We explain why the trio have called for the bail-out. But why should three giants of industry ...
Read moreQ&A: US carmakers bailout - BBC Business
With that, bailout-fatigued lawmakers closed up shop for Thanksgiving, leaving the nation's foundering car companies scrambling to meet a Dec. 2 deadline to come up with plans to modernize their industry. "We want them to get their act together. We ...
Read moreCongress tells Detroit's Big Three: Come back with a plan next month - Austin American-Statesman
WASHINGTON : The $25 billion rescue plan for the auto industry, desperately sought by Detroit's beleaguered Big Three American automakers, collapsed Thursday as Congress drew the line at one more bailout. Democrats said they wouldn't even consider it ...
Read moreAuto aid effort collapses — December reprieve? - International Herald Tribune
Hope that a $25bn (£17bn) rescue deal for America's three carmaking giants might be thrashed out yesterday came to nothing as Washington's Democrats demanded a business plan from the ailing companies before handing over any money. GM and Ford shares ...
Read moreMotor industry bail-out halted by Congress - Guardian Unlimited
MUSCAT — National Bank of Oman SAOG (NBO), the first local bank in the Sultanate, has signed an agreement with Muriya Tourism Development Co. to provide housing loans for the purchasers of the Jabl Sifa and Salalah beach projects. NBO customers ...
Read moreNBO, Muriya in pact to provide housing loans - Times of Oman
The move will make home buying more affordable, especially as houses prices are tipped to keep falling. Figures released by economics at Infometrics earlier this week predicted that prices will keep falling for at least the next quarter. Westpac and ...
Read moreMajor banks lower mortgage rates - radionz
Reporting from Washington -- Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday season. The two companies said Thursday that they would halt foreclosure sales between ...
Read moreFannie Mae, Freddie Mac to suspend foreclosures during holiday season - Los Angeles Times
ANZ has matched National Australia Bank's cut to interest rates on fixed home loans, lowering the rates by up to 100 basis points. ANZ has dropped the interest rate on one and two year fixed home loans by 1.00 percentage point to 5.99 per cent for ...
Read moreANZ drops fixed interest rate home loans - News.com.au
Up to 124,000 local companies will be eligible for this scheme. THE Government is enhancing its business financing scheme to support an additional 2.3 billion dollars in loans to help local firms gain access to credit in the current economic slowdown ...
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