Archive for Legal/Finance

Majority of CEOs See Rising Home Prices as a Positive Economic Indicator

Jul 03, 2013 No Comments

SAN DIEGO, July 3, 2013 /PRNewswire/ – CEOs held optimistic views about the overall economy as well as for their own firms in the Q2 2013 Vistage CEO Confidence Index. While there was a slight shift in their assessments of the economy, how CEOs viewed prospects for their own firms has been remarkably stable since the start of the year. The Vistage CEO [...]

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Fresno Fair Seeks Nominations for Two Prestigious Recognition Programs

Jul 03, 2013 No Comments

FRESNO – The Big Fresno Fair wants your nominations for two of its most prestigious recognition programs – its Hall of Fame, which is in its 7th year, and its Community Champions Awards, now in its 6th year. “We are focused on honoring those individuals who keep our Fair tradition alive, as well as those [...]

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Interest Rate Normalization Expected During Multi-Year U.S. Economic Expansion

Jul 01, 2013 No Comments

NEW YORK and LONDON, July 1, 2013 /PRNewswire/ – The normal cyclical rise in interest rates, which was delayed due to the financial crisis and recession and by Federal Reserve actions to hold down bond yields, is now emerging, according to BNY Mellon Chief Economist Richard Hoey as outlined in his most recent Economic Update. “We believe that a persistent multi-year upward [...]

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76% of Americans Don’t Have Enough Emergency Savings

Jun 25, 2013 No Comments

NEW YORK, June 25, 2013 /PRNewswire/ – Fewer than one in four Americans (24%) have enough savings to cover at least six months’ expenses, according to new research from Bankrate.com (NYSE: RATE). Exactly half have less than three months’ expenses saved up, and 27% have no emergency savings whatsoever. These numbers have barely budged in the past three years. They [...]

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As Fiscal Drag Dissipates a Sturdier Recovery is in Store

Jun 19, 2013 No Comments

CHERRY HILL, N.J., June 19, 2013 /PRNewswire/ — Buoyed by rising home prices, American households will drive U.S. economic growth forward according to a report released today by TD Economics (www.td.com/economics), an affiliate of TD Bank, America’s Most Convenient Bank®. “The outlook for the economy is characterized by the increasing resiliency and confidence of the private sector [...]

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American Workers Feeling More Confident About Some Aspects of Jobs and Benefits Security

Jun 18, 2013 No Comments

NEW YORK, June 17, 2013 /PRNewswire/ – American workers are showing greater confidence regarding their jobs, with growing optimism toward the prospects of receiving improved healthcare and retirement benefits and a salary increase. But this positive sentiment is counterbalanced by raised expectations of more work for the same pay and concern about being replaced by a lower cost [...]

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Survey: 1 In 5 Doctors, Nurses Aware They Are Often Dealing With Older Victims Of Investment Swindles

Jun 13, 2013 No Comments

WASHINGTON, June 13, 2013 /PRNewswire-USNewswire/ – Could America’s doctors and nurses play a bigger role in learning the symptoms and recommended “treatments” for older patients suffering from mild cognitive impairment (MCI) that can leave them more susceptible to investment scams and other financial abuse? A new Investor Protection Trust (IPT) online survey of 603 U.S. doctors [...]

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Americans’ Financial Woes Fall to Lowest Level in Four Years

Jun 12, 2013 No Comments

YONKERS, N.Y., June 12, 2013 /PRNewswire-USNewswire/ – The Consumer Reports Index, an overall measure of Americans’ personal financial health, shows Americans are reporting significantly fewer financial troubles. The Index’s trouble tracker measure fell sharply to 34.0 from 41.7 a month earlier—the lowest level since the organization first measured it in April 2009. The Consumer Reports trouble tracker has dropped more than [...]

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’40 Under 40’ Class of 2013 Nominations Now Being Taken

Jun 11, 2013 No Comments

FRESNO – Nominations are now being accepted for the “40 Under 40” Class of 2013. “40 Under 40” The Ultimate Networking Event, presented by Business Street Online and coming to Fresno on Thursday, November 7, will bring together some of the top young business professionals in the public and private sectors in central California.  They [...]

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Hong Kong Delegation to Tour Fresno County Packing Plants

Jun 11, 2013 No Comments

FRESNO – The Economic Development Corporation serving Fresno County (EDC) has announced that a Business Delegation from Hong Kong will be visiting Fresno County on Wednesday, June 12 for the purpose of investing in our region by purchasing local products. The delegation, consisting of 14 business leaders, will experience and see firsthand how products go from the [...]

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One-Quarter of U.S. Adults Have Not Attended a Wedding Due to the Cost

Jun 06, 2013 No Comments

WHITING, Ind., June 6, 2013 /PRNewswire/ – For most people, summer means long days, warm weather and vacation. For others, it means tuxes, registries and booked weekends – otherwise known as wedding season. Nearly half (48 percent) of U.S. adults plan on attending at least one wedding in the next 12 months, with 58 percent of 18-34 year [...]

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Visalia Chamber Man and Woman of the Year Finalists Announced

Jun 04, 2013 No Comments

VISALIA – The Visalia Chamber of Commerce has announced the 2013 Man and Woman of the Year finalists. The winners are kept top secret until the Annual Awards Celebration on June 20 at the Visalia Convention Center, and are sure to be one of the highlights of the evening.  The Chamber received many nominations for [...]

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A Memorial Day Message from the Staff at Business Street Online

May 27, 2013 No Comments

On this Memorial Day, while enjoying the company of friends and family, let’s not forget the fallen men and women in the Armed Forces who have made the celebration of this day possible.  They are not just names without faces.  They are our mothers and fathers, sisters and brothers, aunts and uncles, cousins and friends [...]

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EDC Names Juanita Stevenson as Corporate Locations Coordinator

May 22, 2013 No Comments

FRESNO – The Economic Development Corporation serving Fresno County has announced the recent hire of Juanita Stevenson, who joins the agency as corporate locations c0ordinator. Stevenson, a former anchor and reporter for KFSN-TV ABC 30, brings a wealth of media and community relations experience to her new position, which involves marketing the region to maximize [...]

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New SBA Initiative with Top Lenders will Help Veterans Become Entrepreneurs

May 22, 2013 No Comments

WASHINGTON – The U.S. Small Business Administration (SBA) has announced the SBA Veteran Pledge Initiative, a commitment by its top national, regional and community lenders to collectively increase their lending activity to veterans by five percent per year for the next 5 years. Oftentimes, veterans face challenges in raising capital or have trouble receiving a conventional [...]

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Sequoia Tourism Council to Host ‘State of Industry’ Breakfast

May 20, 2013 No Comments

VISALIA – Public officials, industry stakeholders, and local tourism representatives will congregate on May 23 at Rawhide Stadium’s Hall of Fame Club for the first ‘State of the Industry’ tourism event, hosted by the Sequoia Tourism Council. The breakfast marks the first time in many years that Tulare County will welcome a representative from Visit [...]

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Prolonged Multi-Year Global Economic Expansion Expected

May 15, 2013 No Comments

NEW YORK and LONDON, May 15, 2013 /PRNewswire/ — With monetary policy likely to remain supportive of economic expansion for an extended period of time, BNY Mellon Chief Economist Richard Hoey expects a prolonged multi-year global economic expansion, according to his most recent Economic Update. “In the short run, the global economy has been in a subcycle of slower growth within [...]

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More Than Half of Companies in the Top Ten World Economies Have Been Affected By a Bad Hire

May 09, 2013 No Comments

CHICAGO, May 9, 2013 /PRNewswire/ – A new study from CareerBuilder shows that hiring the wrong person can have serious implications for companies. More than half of employers in each of the ten largest world economies said that a bad hire (someone who turned out not to be a good fit for the job or did not perform [...]

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Report: There Are No Jobs Americans Won’t Do

May 03, 2013 No Comments

WASHINGTON, May 3, 2013 /PRNewswire-USNewswire/ – Supporters of the Schumer-Rubio amnesty argue that the bill’s large increase in future legal immigration will have little impact on the employment of natives because immigrants do only jobs American’s don’t want. But a detailed analysis of 472 separate occupations by the Center for Immigration Studies shows there are only a tiny [...]

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More Companies Looking Outside for their Next CEO

May 02, 2013 No Comments

NEW YORK, May 2, 2013 /PRNewswire/ — In 2012, 27.1 percent of S&P 500 companies facing a CEO succession hired an outsider for the top job, according to CEO Succession Practices: 2013 Edition, a new report by The Conference Board released today. The rate confirms an upward trend recorded since the 1970s, when less than 10 percent of CEO [...]

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