business formation News Archive - 02-Aug-2008

For LegalZoom Toffee Entrepreneur, Business is Sweet (Centre Daily Times)
As Janet Long found out, mom does know best. With her mom's secret recipe in hand, Janet incorporated Elaine's Toffee Co. three years ago with her dad and two sisters. In no time at all, the San Francisco-based toffee business was booming, and continues to experience strong growth with an expanded national distribution network that includes top retailers.

Crescenzi: Parsing the Jobless Trends (TheStreet.com)
The latest employment report reinforces two major themes: the economy is contracting, but the contraction is not yet too deep.

California United Bank Achieves 45.5 Percent Growth in Assets in Second Quarter 2008 Over 2007; Exceeds Highest "Well ... (Business Wire via Yahoo! Finance)
ENCINO, Calif.----California United Bank today announced results for the quarter ended June 30, 2008 highlighted by: Increase in net income of 193.5 percent over second quarter 2007.

It's all over but the dating for the U.S. recession (St. Louis Post-Dispatch)
The U.S. economy has been leaking jobs for six months, seven if you exclude government hiring.

CS-20 Down 'Only' 0.9% on Month, UBS Says (Nasdaq)
(RTTNews) - The Conference Board consumer confidence index rose slightly to 51.9 in July from 51.0 in June, observed the analysts at UBS. The June and July readings were the lowest since February 1992. Labor market components weakened further, with the net percent of respondents saying that jobs are hard to get rising to 16.8 percent in July from 15.6 percent in June.

 

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