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Obama Changes Course and Will Reopen Oil Drilling

Faced with the prospect of losing 40,000 jobs due to the oil-drilling moratorium, President Obama is set to reopen oil drilling. A letter by the National Ocean Industries Association states: The moratorium "will result in crippling job losses and significant economic impacts for the Gulf region."

Reopening oil drilling will come with some conditions. At present there is a liability cap of only $75 million, unless the government can show criminal negligence. Congress is meeting first about lifting the cap and then to determine what a new cap should be.

Continue reading Obama Changes Course and Will Reopen Oil Drilling

New Insurance Product Protects Media

Now if you blame the media, someone else will have to share in the losses.

Insurance company Aviva (AV) is taking the side of camera-wielding, microphone-thrusting pushy press folks with a new form of protection that will cover everything from electronics to foot-in-mouth syndrome (i.e., liability). The insurance product will be available to a variety of companies, including both online and print publishers, broadcasters, photographers and marketing and advertising companies. So, if you're responsible for the news, the ads or the process of putting them in front of eyeballs, Aviva probably has you in mind.

Continue reading New Insurance Product Protects Media

Entrepreneur's Journal: So, you want to sell your business

Selling a business can be thrilling and frightening. For most business owners, this is a one-time event. And, it will likely be critical in terms of retirement.

Unfortunately, it's not uncommon to make some big blunders, which usually cannot be undone.

So, what are some things to consider? Let's take a look.

Continue reading Entrepreneur's Journal: So, you want to sell your business

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DJIA-89.2312,801.23
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Last updated: February 11, 2012: 06:53 AM

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