Business
Japan's auto makers and auto suppliers much like the rest of Japan is still trying to figure out how to get their operations back to normal. Production at many factories are down, some Japanese car makers have temporary suspended production, even here in the U.S. This is expected to affect U.S. auto supplies made in Japan, from whole cars to auto parts.
Spotlight Business News
Massachusetts retains the top spot of states well positioned to compete in the new economy, according to a report by an entrepreneurial group.
Business
Social Security will run at a deficit this year and keep on running in the red until its trust funds are drained by about 2037, congressional budget experts said Wednesday.
CEOs at America's top firms expect sales and job growth next year, according to a business survey. Although they are bullish on sales and hiring, the CEOs are not bullish on the outlook for the entire United States economy in 2011.
Arizona's controversial immigration law may have cost the state millions in lost meeting and convention business, a new report released last week showed.
There are 10 states that do not impose one major tax, either the business tax, personal tax or sales tax. Therefore, these states rank high in the best states for taxes in a state tax climate study for 2011.
Maine ranked worst state for business by Forbes Magazine in it's annual list in 2010.
The healthcare sector of the U.S. economy is one of the industries that will recover from the current recession. Another sector that is in a good position to come out strong is the consumer staples industry.
Two committees of the U.S. House of Representatives approved a bill that will establish a new federal agency to protect consumers. The Consumer Financial Protection Agency (CFPA) will be an independent government entity that will be mandated to protect Americans from abuses in financial products and services.
The U.S. House of Representatives Financial Services Committee unanimously passed a bill to bring forward the date of the remaining credit card reform provisions. This bill changes the date by which banks and credit card issuers would have to comply with the provisions of the Credit Card Act signed into law last May.