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Following a massive second-quarter loss of $1.6 billion, Capmark Financial Group, a lender owned by Goldman Sachs and KKR & Co, among other companies, has filed for bankruptcy protection. As of June 30, Capmark had consolidated debt of around $21...
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Vice President Joe Biden is expected to visit a closed General Motors plant in Wilmington, Delaware, on Tuesday, where he is expected to announce that same plant’s reopening. According to reports, Biden will also announce that the plant will focus on...
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A bitter battle between Disney and the Campaign for a Commercial-Free Childhood has finally ended, with victory seemingly going to the CCFC for finally achieving their goal of getting Baby Einstein products off the market. Anyone who bought a Baby...
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In case any small business owners have had any doubt about the president’s priorities when it comes to the economy, President Obama has stated that small businesses are essential the American economy and has noted the problem that small businesses have.
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If you want to take advantage of the Obama administration’s housing initiative that allows first-time homebuyers to receive a federal income tax credit of up to $8,000 upon purchasing a home, time is running out. While the initiative has certainly...
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