July, 2010
Small company credit being upheld by microlenders
An answer to the small company loan crisis may be microloans. Developing nations have benefited one of the most from microloans thus far. But microlending is on the rise within the U.S. as more small businesses are getting microloans when the bank says no.Prospects for microlenders could continue to improve, considering a small business lending ...
Possible $ 10 billion tax credit to BP
BP hopes to get a $ 10 billion tax credit considering the losses they've taken; $ 17 billion within the second quarter and $ 32 billion in cleanup costs. Online cash loans advanced like this are given to companies that are in a lot of trouble. It is still argued how legal this tax credit ...
Supply of credit worthy small company borrowers is down
The U.S. Senate is about to vote on a bill that is designed to make small company loans more accessible. This bill will help create $ 300 billion in accessible capital to help small businesses. Banks within the lending business, though, are saying the extra quick cash advance won't actually create more small business loans. ...
Alabama picked for new Raytheon plant
Defense contractor and electronics heavyweight extraordinaire Raytheon will build a new manufacturing and testing plant in Alabama. A project of the missile division of Raytheon will occupy the building. For over 50 years, Raytheon Missile Systems have made Tucson, Arizona home. This doesn't mean that the Tucson location will close at all. Raytheon has a ...
No longer does unemployment benefits extension get stopped by Republican filibuster
Tuesday, a Republican filibuster stopped in Senate with the unemployment benefits. About 2 million Americans have run out of jobless benefits since legislation stalled at the end of May. 9.5 percent is where the U.S. unemployment rate has been for a while. There are five times more individuals looking for work than there are available ...
