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Manufacturing in U.S. shrank at slower pace in June
Published July 5, 2009, 1:18 am, San Fernando Valley Business Journal
Manufacturing in the U.S. shrank in June at the slowest pace in 10 months, another sign the worst of the recession may be over. The Institute for Supply Management's factory index rose to 44.8, the highest level since August, from 42.8 in May, according to the Tempe, Ariz., group.
Struggling Image Entertainment Receives More Bad News
Published July 5, 2009, 1:17 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, 1:16 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.
Revamping a tradition
Published July 5, 2009, 1:15 am, The Springfield News-Leader
Indianapolis -- The Saturday Evening Post, a centuries-old publication that helped make illustrator Norman Rockwell a household name and showcased some of America's greatest writers, is returning to its roots to show readers the value of a quiet read in an increasingly frenetic digital age.
Tailored meets timeless
Published July 5, 2009, 1:15 am, San Francisco Chronicle
An economic downturn has a way of bringing out the entrepreneurial side of some people, such as interior designer Heather Hilliard. Although she knew she would someday launch her own practice, the recession - which led to a slowdown at the firm where she...
Downturn dating: Hearts flutter as markets stutter
Published July 5, 2009, 1:13 am, INO News
(AP:CHICAGO) Credit the recession for staycations and bringing us more game-night parties at home. But also give it a shout for spurring more first dates.
Families remain cautious about vacation planning in rough economy
Published July 5, 2009, 1:13 am, The Scranton Times-Tribune
Despite a battered economy, many Northeast Pennsylvanians are taking advantage of deeply discounted travel incentives to plan summer vacations and getaways. Still, frugality abounds as the trips are shorter and closer to home. "The economy and gas prices
AP Financial NewsBrief at 1:31 a.m. EDT
Published July 5, 2009, 1:13 am, INO News
NEW YORK (AP) _ When owners of the Empire State Building decided to blanket its towering facade this year with thousands of insulating windows, they were only partly interested in saving energy. They also needed tenants.
Jobs scarce for older NEPA workers
Published July 5, 2009, 1:13 am, The Scranton Times-Tribune
BY DENISE ALLABAUGH John Carpenetti, 56, has spent more than a year searching for a job since the bleak economy forced him to close a restaurant he owned in White Haven. When gas prices exceeded $4 a gallon last year, business steeply declined at Pizza
Beware MBAs in these hard times
Published July 5, 2009, 1:12 am, The Scranton Times-Tribune
Beware MBAs in these hard times The recession is creating a "blank check" for office bullies, said one employee advocate. The downturn's layoffs - job rolls have shrunk by 6 million since the recession's start - may make a bad situation worse for victims
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