business formation News Archive - 10-Apr-2009

TAX-NEWS.COM (Tax-News.com)
Legislation has been introduced into the US House of Representatives to facilitate new business formation by increasing the maximum tax deduction for small business start-up expenses.

Hawaii Strategic Development Corp. names new president (BizJournals)
Karl Fooks has been named president of the Hawaii Strategic Development Corp.

Apr 06th (Business Weekly)
Figures released today by Barclays show that the number of people setting up a new business fell last year across Eastern Region. In 2008 39,100 businesses were started compared to 39,300 in 2007.

More business startups find space-for-hire an economical approach (Fort Worth Star-Telegram)
Since the first of the year, Thad Pittman has seen a 25 percent increase in the number of inquiries from folks looking to lease office space in the executive business centers he owns, including locations in Arlington and Dallas.

United Western Bancorp, Inc. Reports Execution of Definitive Agreement for Sale of Sterling Trust Company Assets (Business Wire via Yahoo! Finance)
DENVER----United Western Bancorp, Inc. , a Denver-based holding company whose principal subsidiary, United Western Bank® , is a community bank focused on expansion across Colorado's Front Range market and selected mountain communities, announced that its wholly owned subsidiary, Sterling Trust Company , has agreed to sell certain of its assets to Equity Trust Company and a newly formed ...

Business briefs (Honolulu Star-Bulletin)
Citigroup Chairman Richard Parsons, who has been at the center of efforts by the Federal Reserve and U.S. Treasury to rescue financial institutions and restore stability to the global financial system, will give a free public keynote address at 7 p.m. Tuesday at Kennedy Theatre on the University of Hawaii campus.

Some Stories Behind the Severances (Law.com)
From February 2008 to February 2009, the legal industry lost 21,000 jobs, and many of those laid off are finding themselves in tough situations. Michael Wallace, who was laid off from a senior-level paralegal position in January, recently submitted an application to Home Depot. Even though attorney Joanne Rapuano found a new firm position after becoming unemployed, the lower pay has left her ...

Wesco Financial Corp. Chairman Charlie Munger's Letter to Shareholders (Guru Focus)
Charlie Munger's annual letter to shareholders of Wesco Financial Corporation was published on March 27. Wesco Financial is a publicly traded company that is 80 percent owned by Berkshire Hathaway. Charlie Munger is Berkshire Hathaway's longtime Vice Chairman and also serves as Chairman and President of Wesco Financial. Compared to Warren Buffett 's letters to shareholders of Berkshire Hathaway, ...

Invest NI?s £747m support for economic development (Belfast Telegraph)
Invest NI has offered £747m to support business formation, expansion and innovation projects over the past six years, its latest review has revealed.

 

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