Banks may call back risky loans, even from good customers (The Tennessean)
The impact of the financial crisis of the past couple of weeks has created lots of hyperbole....more...Pro-growth gets boost from council in Vista (San Diego Union-Tribune)
A bouquet ? the Big Dreams Big Works award ? to the Vista City Council for tamping down, and then transcending, past public opposition to (almost) doubling down on redevelopment, the big weapon in a city's pro-growth arsenal. Bold move. #8220;Historic,? Mayor (and former City Manager) Morris Vance marveled....more... CENTRAL NY BUSINESS NEWS (The Post-Standard)
? Area not hit by crisis - so far Wall Street's crisis has not become a crisis for Central New York's economic development efforts - at least not yet....more... CENTRAL NY BUSINESS NEWS (The Post-Standard)
? GDP increases, but less than had been expected The Commerce Department reported Friday that gross domestic product, or GDP, increased at a 2.8 percent annual rate in the April-June period. That wasn't as strong as the 3.3 percent growth estimate made a month ago....more... CENTRAL NY BUSINESS NEWS (The Post-Standard)
? Expert: Black men need help with health Black men have the worst health of any segment of the U.S. population and need help from the women in their lives to reverse that trend, according to a national expert in minority health disparities....more... Build a better bailout (The Christian Science Monitor via Yahoo! News)
Desperate times may call for desperate measures, but that didn't stop Treasury Secretary Henry Paulson's plan from getting a chilly reception in Congress this week. Senators from both parties assailed the $700 billion bid to restore confidence in financial markets, declaring it unacceptable. "We have to look at some alternatives," Sen. Richard Shelby of Alabama said....more... What Is Web 2.0 Design Patterns and Business Models for the Next Generation of Software (OK Nation News Blogs)
The bursting of the dot-com bubble in the fall of 2001 marked a turning point for the web. Many people concluded that the web was overhyped, when in fact bubbles and consequent shakeouts appear to be a common feature of all technological revolutions . Shakeouts typically mark the point at which an ascendant technology is ready to take its place at center stage....more... CENTRAL NY BUSINESS NEWS (The Post-Standard)
? Home Sales Down Existing home sales in the Northeast tumbled nearly 19 percent in August from last year, while the median sales price in the region fell 3.8 percent to $271,000, the National Association of Realtors said Wednesday....more... CENTRAL NY BUSINESS NEWS (The Post-Standard)
? Green Finder Natural gas customers of National Grid will begin receiving letters in mid-October about the company's new $4.89 million energy-efficiency program, which was approved last week by state regulators....more... |