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One solution for startups
Published July 5, 2009, 12:48 am, The News Journal
Scott Painter makes his living betting on startup companies, having played a role in launching 29 of them over the years.
Struggling Image Entertainment Receives More Bad News
Published July 5, 2009, 12:47 am, San Fernando Valley Business Journal
The accounting firm for Image Entertainment Inc. has raised doubts that the home entertainment programming distributor can continue in business due to debt and lack of money for its operations.
Local Banks Show Improvement in Quarter
Published July 5, 2009, 12:46 am, San Fernando Valley Business Journal
The fourth quarter of 2008 was brutal for state chartered banks in California. Return on assets, return on equity and net income dropped into the negative digits for many, and some banks accessed the Troubled Asset Relief Program (TARP) in anticipation of things getting worse.
It Takes a City to Help Open a Hotel
Published July 5, 2009, 12:37 am, New York Times
The Terranea Resort, a $480 million hotel, opened last month in Rancho Palos Verdes, Calif., after the city agreed to a tax rebate plan.
Bank loans rise in May despite stricter guidelines
Published July 5, 2009, 12:35 am, GMA News
Bank lending growth remained healthy despite indications that banks have tightened their credit standards and that more firms may have turned to the bond market for funding, Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. said.
Web sites offer stock exchange
Published July 5, 2009, 12:31 am, Tulsa World
Scott Painter makes his living betting on startup companies, having played a role in launching 29 of them over the years. But with the bad economy choking initial public offerings and acquisitions, Painter ...
Dow loses luster as hopes ride on smaller-cap companies
Published July 5, 2009, 12:27 am, Denver Post
The sudden contraction in U.S. consumer spending and global liquidity that brought some of America's most revered companies to their knees has made the Dow Jones industrial average — meant to represent the country's leading companies — more a benchmark of laggards.
Private markets fuel startups
Published July 5, 2009, 12:13 am, Fort Wayne Journal Gazette
Scott Painter makes his living betting on startup companies, having played a role in launching 29 of them over the years. But with the bad economy choking initial public offerings and acquisitions, Painter is now backing an idea that makes it easier for insiders like him to sell shares in their companies even before they go public. Photo caption: SharesPost.com is one of a few private stock ...
Investors keeping tight grip on cash
Published July 5, 2009, 12:03 am, Everett Herald
NEW YORK -- That old saying "cash is king" certainly rings true these days. Investors can't seem to get enough of it, which ultimately could be bad news for the stock market and the economy.
Saudi spending to surge 24 per cent in 2009, says Samba
Published July 4, 2009, 11:37 pm, Zawya
05 July 2009 Saudi Arabia will likely be tempted by the recent improvement in crude oil prices and increase public spending by nearly 24 per cent through 2009 as an expanded deficit could be easily covered, a leading Saudi bank said yesterday.
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