BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Senate May Vote This Week on $30 Billion Community Bank Capital Bill]]>http://www.bloggingstocks.com/2010/07/27/senate-may-vote-this-week-on-30-billion-community-bank-capital/http://www.bloggingstocks.com/2010/07/27/senate-may-vote-this-week-on-30-billion-community-bank-capital/http://www.bloggingstocks.com/2010/07/27/senate-may-vote-this-week-on-30-billion-community-bank-capital/#commentsFiled under: , ,

The only question is -- how soon can the Congress get this deal done?

The potential 'deal' being $30 billion in new capital for community banks, who would then use it as a base to increase lending to small-sized/medium-sized businesses by up to $300 billion -- credit that's urgently needed and may prove to be a pivotal factor concerning the U.S. economic expansion's sustainability.

"If we can help the big banks, then we should certainly be able to help small-business lending," President Barack Obama said June 30, Bloomberg News reported. The Senate may consider the bill as early as this week; the program, called the Small Business Lending Fund, passed the U.S. House last month

Continue reading Senate May Vote This Week on $30 Billion Community Bank Capital Bill

Senate May Vote This Week on $30 Billion Community Bank Capital Bill originally appeared on BloggingStocks on Tue, 27 Jul 2010 13:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bankscommunity banksCongresscreditinthenewsloansObama administrationsmall businessesTue, 27 Jul 2010 13:30:00 EST<![CDATA[This Decade May Have to Become the Era of New, Small Banks]]>http://www.bloggingstocks.com/2010/01/12/this-decade-may-have-to-become-the-era-of-new-small-banks/http://www.bloggingstocks.com/2010/01/12/this-decade-may-have-to-become-the-era-of-new-small-banks/http://www.bloggingstocks.com/2010/01/12/this-decade-may-have-to-become-the-era-of-new-small-banks/#commentsFiled under: , ,

A political issue that's there for the taking; i.e. one that either political party, the Democratic or Republican parties, could win votes on? The need to charter and capitalize new, small/mid-sized banks. (It's an issue that the Tea Party movement could make some hay on, also.)

The financial crisis is over, but the credit squeeze continues, and small and medium-sized businesses have borne a great deal of it, with many still unable to secure the credit they need to expand their operations, despite rising demand.

Continue reading This Decade May Have to Become the Era of New, Small Banks

This Decade May Have to Become the Era of New, Small Banks originally appeared on BloggingStocks on Tue, 12 Jan 2010 13:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>banking sectorbanksinthenewsmerchant banksNext Streetsmall businessesTue, 12 Jan 2010 13:00:00 EST<![CDATA[Non-farm payrolls decrease 79,000 in June, ADP says]]>http://www.bloggingstocks.com/2008/07/02/non-farm-payrolls-decrease-79-000-in-june-adp-says/http://www.bloggingstocks.com/2008/07/02/non-farm-payrolls-decrease-79-000-in-june-adp-says/http://www.bloggingstocks.com/2008/07/02/non-farm-payrolls-decrease-79-000-in-june-adp-says/#commentsFiled under: , , , , ,

Non-farm private employment decreased 79,000 in June on a seasonally adjusted basis, ADP announced Wednesday in the ADP National Employment Report. (pdf)

Meanwhile, the May estimated change in employment was revised down 15,000 to a gain of 25,000 jobs, ADP said.

In the June jobs report, employment in the service-providing sector fell 3,000, its first declined since November 2002. The goods-producing sector declined 76,000, and manufacturing employment fell 44,000, their 19th and 22nd consecutive monthly declines, respectively.

Employment among small-size businesses, defined as those with fewer than 50 workers, rose just 7,000 during the month, while employment at large businesses with more than 500 workers declined 51,000. Jobs at medium sized business, with 50-499 employees, decreased 35,000.

Continue reading Non-farm payrolls decrease 79,000 in June, ADP says

Non-farm payrolls decrease 79,000 in June, ADP says originally appeared on BloggingStocks on Wed, 02 Jul 2008 09:09:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>ADPeconomyemploymentgdpinthenewsjobssmall businessesU.S. economyWed, 02 Jul 2008 09:09:00 EST<![CDATA[Private sector payrolls rise 40k in May, ADP says]]>http://www.bloggingstocks.com/2008/06/04/private-sector-payrolls-rise-40k-in-may-adp-says/http://www.bloggingstocks.com/2008/06/04/private-sector-payrolls-rise-40k-in-may-adp-says/http://www.bloggingstocks.com/2008/06/04/private-sector-payrolls-rise-40k-in-may-adp-says/#commentsFiled under: , ,

Non-farm, private employment increased by 40,000 in May on a seasonally-adjusted basis, ADP announced Wednesday in the ADP National Employment Report. (pdf)

Meanwhile, the April 2008 estimated change in employment was revised up 3,000 to a gain of 13,000 jobs, ADP (NYSE: ADP) said.

The service sector of the economy added 77,000 jobs, while employment in the goods-producing sector declined 37,000 - - its 18th consecutive monthly decline.

Most of the decline in employment during May was accounted for by job losses at large companies, which registered an 18,000-job decline. Meanwhile, small businesses added 61,000 jobs and medium-sized business cut 3,000 jobs.

Conditions in two economic sectors hard hit by the slumping housing sector - - construction and financial activities - - continued to deteriorate. Construction employment fell 13,000 - - its 18th consecutive monthly decline - - bringing the total decline in construction jobs since the peak in August 2006 to 298,000. Employment in financial activities declined 5,000, its third straight monthly decline.

Economic Analysis: In general, a surprisingly upbeat ADP job report. The 40,000 job gain wasn't nearly enough to keep unemployment from rising, but at least it wasn't a decline. However, economists caution that one should not read too much into the monthly ADP job report, due to its limited scope (private sector payrolls). The more-telling indicator is the U.S. Labor Department's monthly payroll statistic, and May 2008's data will be released Friday at 8:30 a.m. EDT. That report is expected to show a 60,000-job decline, according to a Bloomberg News survey of economists.

Private sector payrolls rise 40k in May, ADP says originally appeared on BloggingStocks on Wed, 04 Jun 2008 10:43:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>ADPemploymentfinancial serviceshousinginthenewsjobsprivate sectorsmall businessesWed, 04 Jun 2008 10:43:00 EST<![CDATA[BloggingStocks CEO Interview: SupportSave sees big growth in outsourcing]]>http://www.bloggingstocks.com/2007/12/05/bloggingstocks-ceo-interview-supportsave-sees-big-growth-in-ou/http://www.bloggingstocks.com/2007/12/05/bloggingstocks-ceo-interview-supportsave-sees-big-growth-in-ou/http://www.bloggingstocks.com/2007/12/05/bloggingstocks-ceo-interview-supportsave-sees-big-growth-in-ou/#commentsFiled under: , ,

Christopher Johns is certainly well-traveled. For more than a decade, he has started ventures in places like Thailand, Malaysia and the Philippines.

His latest company is SupportSave, an outsourcing services provider for small and mid-sized customers.

I recently had a chance to interview him:

Some background on your company?

The company got its start in November 2004. Our founders strongly believed that the trend of outsourcing should not only benefit Fortune 1000 companies. So they set out to create a business model that makes outsourcing affordable to businesses of any size.

We thought the Philippines as the most suitable destination for our services because of the strong language skills, minimal accent and affinity towards American culture.

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BloggingStocks CEO Interview: SupportSave sees big growth in outsourcing originally appeared on BloggingStocks on Wed, 05 Dec 2007 16:54:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>outsourcingsmall businessesSmallBusinessesSupportSaveWed, 05 Dec 2007 16:54:00 EST<![CDATA[Entrepreneur's Journal: Saving your business from disaster]]>http://www.bloggingstocks.com/2007/11/03/entrepreneurs-journal-saving-your-business-from-disaster/http://www.bloggingstocks.com/2007/11/03/entrepreneurs-journal-saving-your-business-from-disaster/http://www.bloggingstocks.com/2007/11/03/entrepreneurs-journal-saving-your-business-from-disaster/#commentsFiled under: , , , ,

Tom TaulliBeing from L.A., I've had to deal with earthquakes and fire (no, it's not always sunshine here). And, of course, I saw the devastation of the recent fires.

But what about some of the businesses that need to rebuild? Could they have prepared for the fires?

Well, I recently interviewed Jon Toigo, a disaster recovery expert at Toigo Partners International. Over the past 20 years, he has put together nearly 100 disaster recovery plans. His clients include Microsoft (NASDAQ: MSFT), Cisco Systems (NASDAQ: CSCO), and Hewlett-Packard (NYSE: HPQ). Also, Toigo has a partnership with Office Depot to help businesses deal with disaster preparedness.

"The bottom line in disaster preparedness is to protect your most irreplaceable assets - your people and your data," said Toigo.

Continue reading Entrepreneur's Journal: Saving your business from disaster

Entrepreneur's Journal: Saving your business from disaster originally appeared on BloggingStocks on Sat, 03 Nov 2007 14:01:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Disaster PreparationDisasterPreparationdisastersfeaturedfirenatural disastersNaturalDisasterssmall businesssmall businessesSmallBusinessSmallBusinessesweatherSat, 03 Nov 2007 14:01:00 EST