W. Michael Brown has scaled back hiring plans in his Virginia auto-parts stores. Carl Redman halted an expansion project at his Oregon contracting business. Bill Hammack is preparing layoffs at his road-construction company in Georgia.
The economy remains unsteady 22 months after the recession began, with banks restricting credit and consumers hunkering down. For these [...]
Rachel Beck, AP Business Writer
NEW YORK (AP) — A theme is emerging from the flood of recent corporate earnings reports: Cost cuts are boosting profits.
Investors are cheering, but they shouldn’t. Even in these tough times, more CEOs should be talking about how they are seeking out investments, developing new technologies and making acquisitions.
That’s what [...]
By MAX COLCHESTER And CHRISTINA PASSARIELLO
PARIS—France’s specialized embroiderers, seamstresses, tailors and hatmakers—once the backbone of a thriving fashion business—are today among the hardest-hit victims of the global slowdown in luxury-goods sales. As fashion houses cancel orders and cut costs, these small businesses are now turning to the French government for help.
On Monday, France’s Prime [...]
Entrepreneurs ought to vet angel investors and venture capitalists using a “reverse” due-diligence process. Here’s how to do it
By Tom Taulli
Before your company receives an infusion of equity capital—whether from a venture capital firm or an angel investor—an investigation into your operations usually takes place. The process is commonly known as due diligence, [...]
Made in USA Certified – Trust but Certify!
The Dream, The Vision and The People Behind It
Delray Beach, FL—October 16, 2009– Julie and Adam Reiser, husband and wife team out of Delray Beach, Florida, not only have a solid marriage and partnership but, they have a huge brood of six active boys ranging in [...]
By RAYMUND FLANDEZ
More small businesses are looking to make the federal government a client, since it’s a smart way to diversify sources of revenue when regular clients aren’t biting. The U.S. government is the largest buyer of goods and services in the world, spending $500 billion last year. And that’s not including the additional [...]
Harold L. Sirkin
Despite the recession the U.S. remains the world’s leading manufacturer—and much of what is made here can’t be done elsewhere
A few weeks ago, my wife asked me why the U.S. doesn’t make anything of value anymore. Everything, she said, is made in China or Mexico or other faraway points on the compass.
Welcome [...]
By PUI-WING TAM
DALLAS — The 16th floor at Two Galleria Tower and similar outposts once were touted as the new Silicon Valleys, where clusters of venture-capital firms sprouted to fund the latest technology start-ups.
Now, amid a tough fund-raising climate and poor venture returns, the 16th floor and others like it across the nation have [...]
By Tim Collie
Adam Reiser has been a fan of American manufacturing since he first tried to park a Honda in a friend’s driveway as a high school student during the 1970s.
The friend’s mother told him to keep the Japanese-made auto out of her yard – a local Ford plant had just shut down, laying [...]