Toyota Motor Corp, President Akio Toyoda, finally had the intestinal fortitude to apologise for the recall of millions of vehicles around the world. The recall is threatening to further damage sales and may very well delay any earnings recovery.
He stated that he the car manufacturer was sorry that they made customers “uneasy” as he [...]
Jobless Claims Getting Better
The number of new jobless benefit claims dropped less than the expected number for last week.
The Labor Department released Thursday that first time unemployment claims dropped 8,000 from the week before to 470,000. Experts had expected that number to have dropped to 450,000. The missing of the mark by 5 percent is showing that their [...]
Focus on Job Creation
President Barack Obama has proposed new tax incentives for businesses in the wake of his first State of the Union Address.
The proposal that we are going to see has some real benefits for small business and even a decent benefit for those starting a small business. For a current operating small business there will [...]
Is Real Estate a Risky Investment?
Tax Foreclosures
In consideration of the global economy people are reconsidering their investments into stocks, bonds, 401Ks, savings accounts and especially real estate. There was a time when no one would ask “Is real estate a risky investment?” because it real estate has historically been a sound investment.
Now, however buying real estate is considered risky business [...]