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Wall Street Tumbles after Jobs Losses Top EstimateWall Street took a dive in early trading on Thursday, after the U.S. government reported that the June unemployment rate hit a 26-year high. |
Banks Fight Obama's Protection Agency PitchBanks and mortgage lenders are placing top priority on killing President Barack Obama's proposal to create a new consumer protection agency that would regulate home loans, credit card fees, payday loans and other forms of consumer finance. |
U.S. Sticks to July 10 Deadline for a New GMThe US government will cut off money to General Motors (OTC:GMGMQ)if the automaker does not get a judge's approval by July 10 to create a new GM, a senior U.S. Treasury official said Wednesday. |
GM Pressed to Approve Reorganization Plan by July 10General Motors' (OTC:GMGMQ)crucial bankruptcy court hearing entered its third day Thursday, with hundreds of creditors still challenging the carmaker's restructuring plan. |
Proactive: Awards and Honors AboundA roundup of recent personnel moves and honors affecting the Hispanic business community. |
U.S. Automakers Still Selling Despite BankruptcyThe slide in sales for U.S. carmakers continued to ease slightly in June, despite two of the so-called Detroit Three spending at least part of the month in bankruptcy, according to monthly sales data released Wednesday. |
Independence Day Comes With a Whimper, Not a Bang, as Cash-Strapped Cities Ax Fireworks ShowsIn many cities this year, the economy's bust means the loss of any Fourth of July boom. That's because fireworks budgets across the land have taken a significant hit as cities trim expenses to maintain their level of services. |
U.S. SEC Approves Rule on Executive Pay Disclosure for TARP FirmsThe U.S. Securities and Exchange Commission (SEC) on Wednesday approved a rule giving shareholders a vote on executive pay of banks that have received government bailout money. |
AIG Completes Reverse Stock SplitAmerican International Group (NYSE: AIG) opened at $19.65. So far today, the stock has hit a low of $19.55 and a high of $22.96. AIG is now trading at $20.74, down $2.46 (-10.6%). Over the last 52 weeks the stock has ranged from a low of $.33 to a high of $31.09. |
Storytelling: A Powerful Business ToolStories can be incorporated into almost any business communication -- blogs, Web sites, and especially face-to-face presentations where you have the best opportunity to make a strong emotional connection with your audience. |
Who Pays a Failed LLC's Debts?Generally speaking, if your limited-liability company [LLC] was properly formed and operated, you should be protected from personal liability for its debts. Unfortunately, it's possible that you took some action while your company was in business that removed the protection of your LLC. |