‘Business’ Archives
Consumer Confidence Plummets To Lowest Level Since February
As Congress prepares to leave Washington for the up-coming elections, consumers are giving them a no confidence vote on the economy. When it comes to attitudes about the economy, Americans continue to see the glass as continuing to empty. The Conference Board, a New York-based research group that compiles the Consumer Confidence Index, said [...]
General Mills Reports 12% Earnings Rise In First Quarter
General Mills Inc reported quarterly sales that missed Wall Street's projections but reaffirmed its full-year profit target, saying growth should accelerate for the remainder of the year. The company's fiscal first-quarter earnings rose 12%, reflecting changes in the value of some of its commodity hedges and higher sales of brands such as Cinnamon [...]
Senate Passes Small Business Legislation
Thursday the Senate passed a multi-billion dollar package of tax breaks and government-backed loans for small businesses. While both parties agree that small businesses are the major job creators in our economy, there was considerable conflict over how to best address the issues. Among the roadblocks was the $30-billion small-business lending [...]
