The Street:
Small-business loans bring more than $100 billion in profits for banks, according to a recent report by the financial services group of McKinsey & Co. In addition, small-business owners are two-and-a-half times more profitable than the average retail consumer.
But so far, big banks haven’t capitalized on the potential of small businesses.
As banks have gotten […]
eMarketer.com:
User-generated videos (UGVs) tallied 22 billion views in 2007, up 70% over 2006, according to Accustream iMedia Research’s “UGV 2005 - 2008: Mania Meets Mainstream” report.
Paul A. Palumbo, research director at Accustream, told eMarketer that the 22 billion views was a worldwide figure. In other words, user-generated videos on US-based Web sites drew 22 billion […]
The New York Times:
John Donahoe wasted little time as the new chief executive of Internet giant eBay before announcing big changes.
Less than an hour after being named to the top spot at eBay by the departing chief executive Meg Whitman, Mr. Donahoe said in a conference call with analysts that the company must move more […]
BusinessWeek:
For entrepreneur Steve Sodell, the Super Bowl started in late October. That’s when he and his staff of 12 began renting retail space in shopping malls and hotels across the Phoenix metro area—stuffing shelves with NFL-licensed T-shirts, hats, and other collectibles emblazoned with this year’s Super Bowl XLII logo. By the day of the big […]
Posted by on 30 Jan 2008 at 8:07 am under Polls
On Monday, we ran a poll asking of the 100 companies listed on Fortune magazine’s 100 Best Companies to Work For 2008, how many allow employees to telecommute or work at home?
Participation was down a little for this poll (not sure why, maybe I should run a poll to find out) with 49 readers voting.
The […]
Forbes:
When her husband lost his job in 2002, Christine DeLuca rented out two of the beds in their Woodstock, Vt., home. She ran the makeshift bed and breakfast (and ate into their savings) for a few years before upgrading to a larger house on a farm in nearby Quechee. Open on weekends since August, the […]
io9.com:
Yoshihiro NakaMats, 79, is Japan’s most prolific - and bizarre - inventor. He claims to have 3,350 patents (Thomas Edison only had 1,093), and that several of them are for the floppy disk. “Everyone knows about the floppy disk,” he says. “But I also invented the fax machine, automatic pachinko, and the taxi meter.”
While running […]
Entrepreneur:
According to ArmyTimes, Congress is getting closer to passing legislation that would help veterans and reservists who own small businesses.
The bill would create a $50,000 no-collateral, small-business loan for reservists and vets. In addition, it would add four new veteran-business outreach centers and create an interagency federal task force on small-business issues.
The compromise bill passed […]
PRNewswire:
Jennifer McManigal attended dozens of parties with her two children over the years, and the same thing happened each time — her kids didn’t remember which drink belonged to them.
“At a typical child’s birthday party, I’d see kids get a soda can or juice box, take one sip, then abandon the drink only to get […]
Indianapolis Business Journal:
When Barbara Quandt was launching her career in the mid-1970s, she purposely avoided learning how to type. “Everywhere you went, all people would ask is: ‘Can you type? How fast can you type?’” recalled Quandt, 57.
But Quandt wanted a sales job—a rarity then for women—so she begged off typing classes and got a […]
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