The International Monetary Fund projects slow global growth as the euro zone’s situation worsens and other economies remain threatened. It states that the world economy will grow a total of 3.3% this year. This is the slowest since the recession in 2009. “A key issue is whether the global economy is just hitting another bout… Continue Reading
General Motors has been expanding its staff throughout the U.S. Its project continues with their latest announcement, revealing plans to hire up to 1,500 workers for a computer technology center in Michigan, north of Detroit. According to Boston.com, “it is part of a move to bring 90% of information technology in-house, which GM believes will… Continue Reading
In these turbulent economic times, successful businesses stand out like a sore thumb. Creative, ambitious observers feel that they too could have launches such an attractive franchise, if only they had put their minds to it. However, it takes more than just a good idea to build any business; it requires, patience, research, good people… Continue Reading
Oil prices dropped below $91 per barrel this week, mirroring the falling stock markets as economic outlook takes a turn for the worst. According to BusinessWeek, “Benchmark crude was down 59 cents to $90.78 a barrel by midmorning London time in electronic trading on the New York Mercantile Exchange. The contract dropped 56 cents to… Continue Reading
Carroll County Times’ Mark Luterman recently wrote an article discussing the most successful entrepreneurs in today’s economy. He explained that the best business owners thrive because “they see challenges as opportunities.” Most entrepreneurs do not, however, and their responses are often detrimental to their businesses. Luterman offers three tips: When you’re mentally paralyzed with fear,… Continue Reading
USA Today’s Rhonda Abrams recently discussed a common problem among small business owners- the addiction to business adrenaline. Of course, the ability to handle crisis situations and challenges is a must when it comes to management, but Abrams claims the thrill may actually push entrepreneurs to create their own obstacles. She lists a few ways… Continue Reading
Yes, the economy is in the doldrums and all that, but it doesn’t mean some great companies with good business sense can’t succeed, even in a downturn environment. Down in the Sunshine State in Fort Myers, two entrepreneurs have been controlling the pests in Lee County, Florida, on their own for the past five years,… Continue Reading
Christine Lagarde, Managing Director of the International Monetary Fund, has warned about the United States’ fiscal conditions numerous times. Her most recent discussion took place at the Asia-Pacific Economic Cooperation Summit in Russia, where she explained that the nation’s tax increases and spending cuts are likely to have significant negative impact on the global economy.… Continue Reading
Recently, twenty impressive women including Inger Rood were honored at an awards breakfast on September 6th at the University of North Florida University Center. They were the Northeast Florida 2012 Women of Influence honorees and were recognized for their achievement in business and their involvement over the past year with the Northeast Florida community. The… Continue Reading
Ben Bernanke, the chairman of the Federal Reserve, was in Jackson Hole, Wyoming on Friday discussing the intentions of the Fed to help the faltering US economy. Still undecided about another round of quantitative easing, Bernanke did not announce bond buying by the Fed to stimulate the economy, nor did he rule it out. Labeled… Continue Reading