Small business is not hiring. No customers, no prospects, no job openings. In fact, the hiring activity within American small businesses is getting worse, according to some measures. As the ‘engine’ of American business activity, and as a leading indicator of broad employment trends, small business hiring is painting a [...]
Abstract: The paper examines the slowdown of lending by large U.S. banks over the period 2007Q3 – 2009Q2, focusing on: (i) whether capital or liquidity was the binding constraint; (ii) factors influencing banks’ decision to hold capital; and (iii) their pricing behavior. Using quarterly data for the largest U.S. banks, [...]
Howard Davidowitz calls the US economy “a complete disaster”. Everyone’s broke, Americans are facing a -$8 trillion wealth effect from housing, the consumer is broke. We’re “like Japan”. More from Davidowitz (on Wall St): More from Davidowitz (on the bailouts): Share, Print or PDF
When Joe Phillips was 22, he asked a cute girl named Heather to a Psychedelic Furs concert but stood her up at the last minute — he had second thoughts about dating a girl who was only 16 and his boss’s daughter. Joe and Heather laugh about it now: They got married eight…
Why small businesses could see a further credit crunch, with Meredith Whitney, Meredith Whitney Advisory Group.
Apple, Martin Luther King, and the Wright brothers have something in common. They’re all different from everyone else. What are the characteristics that inspire insiders to innovate and others to follow? Share, Print or PDF
Many companies attempt to develop standard innovation processes hoping to create a steady stream of new, groundbreaking products or services. Unfortunately, innovation doesn’t come in a box. Instead, companies must wholeheartedly support an innovative culture before staff will start popping out interesting ideas. Standing behind workers with a bayonet ordering [...]
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