The United States risks losing its top credit
rating if it's unable to make payments on its debt and encounters a
"technical default," the Fitch rating agency said Wednesday.
On a starry January evening in Laguna Beach, the conversation and wine flowed freely at the 16th Colony trunk show. At the pop-up shopping event, Renee Rogers, designer of the Irvine-based line of hand-sewn, premium ponchos, mingled with fans at Sourced Collective, a vintage-style cottage that doubles as a workspace for local artists and creatives.
Tribune Co. is buying Gracenote, a music data business, from Sony Corp. for $170 million, the companies said Monday.
A new federal report shows an explosion in small business loans nationwide since the depths of the recession, with the Southeast leading the way.
Thirteen percent of employees worldwide are psychologically committed to their jobs and likely to make positive contributions, a U.S. survey says.
Groupon on Thursday named four new executives aimed at honing in on key growth areas and spots where competitors are nipping at its heels.
Miami-Dade's lifeless jobs recovery continued this summer, with government cutbacks and a slowdown in healthcare hiring still weighing down the economy last month.
Alliant Energy is selling most of its Minnesota operation for $128 million.
Millions in pledged mitigation money isn't consoling some East Boston
small business owners, who still worry about the impact of a $1 billion Suffolk
Downs resort casino on their livelihoods and community.
Los Angeles executive Ernie Gutierrez has been re-elected chairman of
the board of the Sacramento-based California Hispanic Chambers of Commerce.
Fannie Mae and Freddie Mac have been avoiding
billions of dollars in potential long-term losses by delaying the use of new
accounting measures, and billionaire hedge fund manager Philip Falcone will admit wrongdoing and pay an $18 million fine to settle a pair of SEC actions.
The strength of a community is based on a solid foundation of support and awareness of local needs.
It's fashionable to be an entrepreneur these days, and related resources seem to
be popping up almost daily, said Fred Hathaway, director of marketing and
programs at EntreDot, a Cary, N.C., firm that helps entrepreneurs launch and
operate their businesses.
In another sign of its slowing economy, China's second-quarter gross domestic
product growth slipped to 7.5 percent year-on-year, data showed Monday.
LaunchPad INW, a Spokane-based social networking company, has scrapped
its original business plan and shifted to highlighting corporate innovation in a