J F KEEFER & ASSOCIATES
© March 2006 J F Keefer &
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Reuters: Small Business News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Small businesses feel Wall Street's pain
BOSTON (Reuters) - Wall Street's pain is rippling through U.S. small businesses, as bankers who once pulled in million-dollar bonuses lose their jobs and cut back spending on everything from parties to home improvements.
Lawmakers fault Treasury, Fed on bailout
WASHINGTON (Reuters) - Exasperated U.S. lawmakers criticized Federal Reserve and Treasury Department efforts to shore up the faltering economy on Thursday, telling officials that their financial rescue efforts have not reached small businesses or homeowners.
Japan firms face credit crunch as crisis hits home
TOKYO (Reuters) - The global credit crunch is starting to chill lending in Japan, squeezing companies that have so far escaped the worst of the crisis gripping the much of the industrialized world.
Lawson to cut jobs, close office
(Reuters) - Business software maker Lawson Software Inc said it plans to cut 200 jobs, close one office facility and reduce discretionary expenses as part of a plan to cut costs.
Lance named lead bidder for 2 bankrupt snack food cos
(Reuters) - U.S. bankruptcy court for the District of Delaware approved Lance Inc as the lead bidder for the assets of two privately held snack food companies.
Canada Q3 venture capital investments drop 26 percent
TORONTO (Reuters) - Fewer Canadian companies are on the receiving end of venture capital investments this year, and those that manage to get funding are getting fewer dollars, according to data released by an industry group on Tuesday.
PacSun posts Q3 loss from cont ops, sees Q4 loss
(Reuters) - Athletic-clothing retailer Pacific Sunwear of California Inc posted a quarterly loss from continuing operations hurt by a slowdown in consumer spending and forecast a fourth-quarter loss, sending its shares down 5 percent.
Darling to help small businesses: paper
LONDON (Reuters) - Britain's Finance Minister Alistair Darling is set to introduce measures next week aimed at helping small companies secure finance and insurance amid signs of a lending slowdown, a media report said on Thursday.
Steve & Barry's faces closure: report
NEW YORK (Reuters) - U.S. casual clothing retailer Steve & Barry's is set to announce this week it will go out of business, the Wall Street Journal said, citing two people familiar with the situation.
Global credit crisis hurts tiny loans in South Asia
MUMBAI (Reuters) - A global credit crisis that has felled large investment banks and prompted multi-billion dollar bailout packages is also hurting unlikely victims half a world away: small south Asian businesses dependent on microfinance.
Newsfeed display by CaRP
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Small businesses feel Wall Street's pain
BOSTON (Reuters) - Wall Street's pain is rippling through U.S. small businesses, as bankers who once pulled in million-dollar bonuses lose their jobs and cut back spending on everything from parties to home improvements.
Lawmakers fault Treasury, Fed on bailout
WASHINGTON (Reuters) - Exasperated U.S. lawmakers criticized Federal Reserve and Treasury Department efforts to shore up the faltering economy on Thursday, telling officials that their financial rescue efforts have not reached small businesses or homeowners.
Japan firms face credit crunch as crisis hits home
TOKYO (Reuters) - The global credit crunch is starting to chill lending in Japan, squeezing companies that have so far escaped the worst of the crisis gripping the much of the industrialized world.
Lawson to cut jobs, close office
(Reuters) - Business software maker Lawson Software Inc said it plans to cut 200 jobs, close one office facility and reduce discretionary expenses as part of a plan to cut costs.
Lance named lead bidder for 2 bankrupt snack food cos
(Reuters) - U.S. bankruptcy court for the District of Delaware approved Lance Inc as the lead bidder for the assets of two privately held snack food companies.
Canada Q3 venture capital investments drop 26 percent
TORONTO (Reuters) - Fewer Canadian companies are on the receiving end of venture capital investments this year, and those that manage to get funding are getting fewer dollars, according to data released by an industry group on Tuesday.
PacSun posts Q3 loss from cont ops, sees Q4 loss
(Reuters) - Athletic-clothing retailer Pacific Sunwear of California Inc posted a quarterly loss from continuing operations hurt by a slowdown in consumer spending and forecast a fourth-quarter loss, sending its shares down 5 percent.
Darling to help small businesses: paper
LONDON (Reuters) - Britain's Finance Minister Alistair Darling is set to introduce measures next week aimed at helping small companies secure finance and insurance amid signs of a lending slowdown, a media report said on Thursday.
Steve & Barry's faces closure: report
NEW YORK (Reuters) - U.S. casual clothing retailer Steve & Barry's is set to announce this week it will go out of business, the Wall Street Journal said, citing two people familiar with the situation.
Global credit crisis hurts tiny loans in South Asia
MUMBAI (Reuters) - A global credit crisis that has felled large investment banks and prompted multi-billion dollar bailout packages is also hurting unlikely victims half a world away: small south Asian businesses dependent on microfinance.
Newsfeed display by CaRP