StartUpToFinish

Reuters – New York state’s top legal officer issued subpoenas on Wednesday to seven executives who received tens of millions of dollars in 2008 pay from Merrill Lynch & Co before it was taken over by Bank of America , a person familiar with the investigation said.Read More… [Source: Yahoo! News: Business]

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Reuters – General Electric Co shares fell as much as 16 percent on Wednesday, touching their lowest point since 1991, as investors worried about a possible downgrade of GE’s credit rating and how its finance arm would get through the recession.Read More… [Source: Yahoo! News: Business]

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Reuters – The bulls drove a relief rally in U.S. stocks on Wednesday after a precipitous five-day slide, but don’t bet the run-up signals a bottom just yet.Read More… [Source: Yahoo! News: Business]

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Reuters – Ford Motor Co on Wednesday announced a plan to cut its $25.8 billion in automotive debt by about 40 percent by offering creditors cash and new shares as it looks to slash financing costs at a time of plunging sales and tight credit.Read More… [Source: Yahoo! News: Business]

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Reuters – The Obama administration on Wednesday launched a $75 billion foreclosure relief plan, as new data showed one in five U.S. homeowners with mortgages owe more than their house is worth.Read More… [Source: Yahoo! News: Business]

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Small companies continue to hemorrhage jobs. Employment at companies with fewer than 500 employees dropped by 576,000 positions in February, according to ADP’s latest job report, released Wednesday.Read More… [Source: Small business news - CNNMoney.com]

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Reuters – Stocks rallied on Wednesday, ending a five-day losing streak, as another Chinese stimulus package boosted commodity prices and encouraged investors to jump into energy and natural resource shares.
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Reuters – Costco Wholesale Corp posted a lower profit as it slashed prices aggressively to win market share, while smaller rival BJ’s Wholesale Club Inc topped Wall Street expectations by luring shoppers with fresh food and prepared meals .
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Every business goes through three stages: start up, throw up and grow up. Right now, with the economy as bad as I’ve seen it, many entrepreneurs in this country are experiencing stage two.Read More… [Source: Small business news - CNNMoney.com]

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Last week, Pete Wiltjer had just begun to test the crowdsourcing waters in the search for his company’s new logo. By the next day, he was surfing a tidal wave of more than 250 submissions.
The high response rate was no accident–Wiltjer even got a pat on the [...]

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