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Chicago United Backs Program to Help Fund Minority-Owned BusinessesSeveral major businesses committed to increase spending to develop partnerships with minority-owned enterprises under a five-year plan released by Chicago United on Wednesday. So far, 12 companies have joined the effort to increase the number of minority-owned businesses of scale in Illinois. ...continue |
Open House Not An Open-And-Shut CaseBrokers insist that open houses aren't a waste of time because it is possible -- though most admit, rare -- that the perfect buyer strolls in and makes an offer that day. Candid agents also say that open houses are terrific for them. They hope to sign up buyers who haven't yet committed to an agent and hope to meet casual lookers who might buy if the agent finds their dream property. The traditional tactics -- bake cookies so the house smells homey, lock animals in the garage -- aren't enough in today's market. Some agents are sharpening their open house strategies to attai ...continue |
Toyota Warns of First Profit Fall in Nine YearsJapan's Toyota Motor Corp. reported on Thursday a record operating profit for the fiscal year ended March 31 as strong sales overseas, especially in emerging markets, easily offset the adverse impact of higher purchasing costs for basic materials and a slowdown in demand in the United States. ...continue |
Spanish Broadcasting System, Inc. Reports Q1 ResultsSpanish Broadcasting System, Inc. (the "Company" or "SBS") today reported financial results for the quarter ended March 31, 2008. Raul Alarcon, Jr., Chairman and CEO, commented, "Our first quarter results reflect substantial growth momentum at MegaTV, offset by decreased revenues at our radio group due to the effects of a sluggish advertising environment." ...continue |
Clearwire Seven-way WiMax DealWhat does it take to bring together Comcast, Google, Intel and other technology titans to create a new wireless juggernaut? ...continue |
Worker Productivity Up at 2.2 Percent in First QuarterWorker productivity rose by a better-than-expected amount in the first three months of the year while labor cost pressures eased. ...continue |
'Disturbing Levels of CEO Dissatisfaction With Board Performance' at Midsize Nonprofits, Study FindsMost heads of midsize nonprofits give their trustees low marks for fundraising and monitoring board performance, an Urban Institute study of nonprofits with annual expenses between $500,000 and $5 million has found. Sixty-two percent of the chief executive officers say their boards do a fair or poor job raising revenue and 60 percent assign similar marks for boards' self-examination. ...continue |
Microsoft Checks Facebook PurchaseMicrosoft's bankers have approached Facebook about a purchase of the social networking site as an alternative for its failed takeover bid for Yahoo, the Wall Street Journal reported Wednesday in its online edition. ...continue |
News Corp Profit TriplesRupert Murdoch's News Corp reported a quarterly profit of $2.69 billion Wednesday, three times its earning of the year-ago quarter, as it booked a $1.7 billion gain on its asset swap with Liberty Media Corp and enjoyed strong results from its broadcast and cable networks. ...continue |
Vallejo to Become Largest Calif. City to File for BankruptcyVallejo is set to become the largest California city to declare bankruptcy after leaders voted in favor of it to solve the San Francisco Bay Area suburb's spiraling budget crisis. Many officials and residents attribute Vallejo's fiscal troubles to overly generous pay and benefits to the city's police and firefighters. ...continue |