Minority-Owned Suppliers Suffer: Tight Credit, Auto Slump Hurt FirmsAs hundreds of employees who work at four plants owned and operated by Lapeer Metal Stamping await their closure, the financial difficulties facing Lapeer illustrate that even the most successful minority-owned automotive suppliers are struggling in today's difficult automotive industry. Part of the Dearborn-based Diez Group, the Lapeer division once had annual revenue of more than $120 million. Today, he said, those sales have dwindled. |
How to Go to Business School for FreeMany business school applicants figure their essay writing is done when they learn they've gotten into one of the top business schools. Not so fast. With tuition for a top MBA program averaging $150,000 for two years, and nearly 90% of students taking out loans, business school is increasingly becoming a more expensive proposition. Yet every year, a highly selective group of students manages to snag a full-ride scholarship or fellowship. Here's the scoop. |
Subscribe Today!40 Years of Celebration: Highlights Taking Place During Hispanic Heritage MonthHispanic Heritage Month marks a special opportunity to highlight the rich culture and history of Hispanics in the United States, which many organizations do through concerts, festivals, exhibits, lectures, parties and ceremonies recognizing the outstanding achievements of business and community leaders. Here are some highlights of the month's festivities. |
Now with Chrysler, He's Making Alternative PlansJim Press, a Toyota lifer and one of the people most responsible for that brand's U.S. success, stunned the auto industry by joining Chrysler in 2007. Press talked to San Jose Mercury News reporter Matt Nauman about Chrysler's alternative-fuel plans, why the Big Three need government loans and the state of the company. Here is an edited transcript of that conversation. 
Minority-Owned Suppliers Suffer: Tight Credit, Auto Slump Hurt FirmsAs hundreds of employees who work at four plants owned and operated by Lapeer Metal Stamping await their closure, the financial difficulties facing Lapeer illustrate that even the most successful minority-owned automotive suppliers are struggling in today's difficult automotive industry. Part of the Dearborn-based Diez Group, the Lapeer division once had annual revenue of more than $120 million. Today, he said, those sales have dwindled. |
Fed's Beige Book Paints a Gray Economic PictureThe U.S. Federal Reserve's Beige Book report released Wednesday describes the national economy as slow and subdued. The Federal Reserve Bank of Kansas City reported "slight improvement" in business conditions, while New York and Boston "noted signs of stabilization," the report said. But, business conditions in much of the United states remains lethargic. |
'Peanuts' Animator Bill Melendez Dies at 91Bill Melendez, the animator who gave life to Snoopy, Charlie Brown and other "Peanuts" characters in scores of movies and TV specials, has died. He was 91. |
McCain: 'My Country Saved Me'It may go down as one of the quietest acceptance speeches in presidential campaign history: quiet crowd, quiet candidate, quiet rebukes of the opponent he has bombarded for months. It was the quiet of John McCain, and it was finally ruptured, after 50 minutes, by a call to "stand up, stand up, stand up and fight." The Arizona senator claimed the Republican presidential nomination Thursday night with soft criticism of Democrat Barack Obama and even of his GOP brethren, promising that "change is coming" after eight years of the Bush administration. |
Top 10 Engineering Schools for Hispanic Students, 2008Which schools offer the most to Hispanics? Which ones are at the forefront of recruiting, retaining, and offering quality higher education? HispanTelligence, the research arm of Hispanic Business Inc., annually assesses the nation's top universities for Hispanics in the fields of medicine, engineering, business, and law. Following are this year's 2008 Top 10 Engineering Schools for Hispanic Students. |
Small businesses are a significant driver of the economy, providing, among other things the bulk of our jobs. From start-ups to to established, successful, and still-growing concerns, examining the state of small business can provide an interesting lens through which to view our nation's financial health. It's also important to take a look at what the government agencies devoted to small business are -- or aren't -- doing.
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Samsung Shows Interest in Purchasing SanDiskSamsung Electronics said Friday it is considering acquiring SanDisk, but the South Korean chip maker gave no details about its interest in the U.S. firm. SanDisk is a leading maker of flash memory chips used in products such as digital cameras and mobile phones. |