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Business & Economy News

WTC says economy good for business (Weirton Daily Times)

With the economy in a rut, the Weirton Transit Corp. is raking in the best business it's seen in years. Transit Manager Becki Stout reported the revenue has been above $3,000 for the last seven to eight months and above $4,000 over the past three months.

Small Business Tips for a Challenging Economy (Carteret County News-Times)

(ARA) - As the world's economy becomes more and more challenging, small business owners need to find ways to keep their business afloat. Here are some tips to maintaining good customer relations while managing the bottom line:

48% Say Failure of GM Best for the Economy (Rasmussen Reports via Yahoo! News)

Nearly half of U.S. voters (48%) say it is better for the economy to let companies like General Motors fail rather than providing government subsidies to keep them in business.Thirty-five percent (35%) believe it's better to subsidize their continued existence, according to a new Rasmussen Reports national telephone survey. Seventeen percent (17%) are undecided.

Broad decline in small business optimism about the economy: CFIB (Investment Executive)

Small businesses across Canada are less optimistic about the outlook for the economy, with the weakest sentiments coming from Ontario, according to Canadian Federation of Independent Business (CFIB).

Small business owners can survive the economy (WBTV Charlotte)

CHARLOTTE, NC (WBTV) - The troubled economy is worrying small business owners, but the Charlotte Chamber of Commerce is here to help. It hosted a "Survive and Thrive" seminar Tuesday. Business leaders got together to share their ideas on how to meet today's challenges.

Report: Hawaii's economy headed for harder times (AP via Yahoo! Finance)

A First Hawaiian Bank study predicts that Hawaii's economy will continue to deteriorate before an upward swing in 2010. The report by Hawaii Pacific University professor Leroy Laney was presented to an annual business forum.

Deutsche Bahn Says Credit Crunch, Economy Threaten Its Business (Bloomberg)

Nov. 18 (Bloomberg) -- Deutsche Bahn AG, Germany's state- owned rail operator, faces ``considerable risks'' to its business next year and beyond as the economy slows, the company said in a confidential letter obtained by Bloomberg News.

New business booms despite slow economy (Times Herald)

New businesses are popping up throughout the Blue Water Area as local entrepreneurs turn a brave face toward the sour economy.

British Business Group Issues Warning on Economy; Brown Criticizes Comments by Conservative Osborne (Washington Post)

LONDON, Nov. 17 -- Britain's leading business organization issued a grim warning on the U.K. economy Monday as the country's political leaders bickered about how frankly they should discuss their economic worries in public.

Shoe Repair Business Up As Economy Slides (FOX 2 News St. Louis)

If it's broke, fix it. That seems to be the attitude during this tough economy. While many retail outlets are seeing a decline in business, at least one business is growing: shoe repair.

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