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In Addition To Print Get Business Week OnlineIn the fast-moving world of finance, you can't afford to be without the latest operation news and Business Week online edition is your key resource, as it is there for you by email every Friday.
When it comes to an annual advertising and promotion strategy, unlike your Yellow Pages ad, your web site and your offers can be updated instantly, so use the yellow Pages to obtain your prospects to where your current offers are.
The stopping place of every joint-stock company is to be a growth firm and the stock company news all around you provides a step-by-step manual based on the experiences of your peers.
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Health care, economy top concerns of Bay Area small business, Bank of America survey says<img src='http://assets.bizjournals.com/sanfrancisco/Shanks,Emily_supl*100.jpg?v=1'>Bay Area small business owners' greatest concerns center on health care costs, credit availability and a recovery in consumer spending, according to Bank of America's inaugural survey of small business owners that the bank plans to conduct twice a year.
On an optimistic note, BofA's (NYSE: BAC) survey found Bay Area small business owners are more confident about prospects for the local economy than their counterparts in other markets surveyed.
In the Bay Area, 52 percent of respondents said the...<div class="feedflare">
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</div>Caveat crowdfunder! California warns investors to beware<img src='http://assets.bizjournals.com/sanfrancisco/news/California_state_flag*100.jpg?v=1'>Though the Internet has made raising money for business ideas very easy, California's government has warned investors to be "extremely cautious about crowdfunding."
"Unfortunately, the potential for fraud is significant," said Jan Lynn Owen, commissioner of California's department of corporations.
Crowdfunding is a way for many small businesses or creative people like artists, musicians or film makers to easily raise capital by soliciting small amounts from lots of people. (The Business Times will...<div class="feedflare">
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</div>Bank of America shuttered 154 branches in Q1<img src='http://assets.bizjournals.com/charlotte/bofa%20moynihan%20315*100.jpeg?v=1'>Bank of America says it closed 154 branches and eliminated 631 ATMs as it sought to improve efficiency as more customers embrace online and mobile banking, the bank told the Securities and Exchange Commission this month.
After accounting for new branch openings, the bank had a net reduction of 51 branches in the first quarter, according to a report this week from SNL Financial, a research firm.
California's largest bank operates about 5,700 branches and 17,250 ATMs nationwide.
BofA CEO Brian Moynihan...<div class="feedflare">
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</div>Red Bull could fill America's Cup with cool<img src='http://assets.bizjournals.com/sanfrancisco/blog/red%20bull%20am%20cup*100.jpg?v=3'>San Franciscans love a party.
Blow up some fireworks. Pump loud music in the streets. Blaze klieg lights outside a theater.
These are the kinds of things that pique our curiosity, draw us out of our homes and to where the action is.
Yacht racing won't do that -- not for long stretches of time such as the July to September period in 2013 when dozens of races will be held in San Francisco Bay to determine the boat that will challenge for the America's Cup.
A big party? That's another story.
That's...<div class="feedflare">
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</div>U.S. puts 30% tariff on solar panelsThe United States is sticking it to Chinese solar panel makers and will enforce tariffs of 30 percent or more on equipment manufactured there and sold into the United States.
The U.S. Commerce Department decided to impose the tariffs, which are in addition to a 2.9 percent to 4.73 percent already imposed in March ? and the new tariffs will be retroactively applied 90 days.
"(The Department of) Commerce has now confirmed that Chinese manufacturers are guilty of illegally dumping solar cells and...<div class="feedflare">
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</div>Facebook prices stock at $38Facebook priced its shares Friday at $38, giving the company a valuation of more than $100 billion, and the stock will start trading Friday morning on the NASDAQ under the symbol FB.
The world?s largest social networking Web site raised $16 billion at the price, which was above the initial $28 to $35 share price the company had initially sought. Of that, $6.84 billion will go to Facebook, while $9.16 billion will go to selling stockholders.<div class="feedflare">
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</div>Big Hewlett-Packard layoffs rumoredHuge layoffs could be coming to Hewlett-Packard Co., according to rumors that are being widely reported Thursday.
Numbers being thrown around range as high as 35,000 -- according to Business Insider, which cited an unnamed source -- but HP (NYSE: HPQ) has not provided any confirmation or details.
HP's stock is down by more than half from what it was in early 2011, and the company employed a whopping 349,600 employees as of October 31, 2011, notes 24/7 Wall Street Wire.
The anticipated cuts are...<div class="feedflare">
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</div>UC Berkeley to consolidate HR, admin staff at West Berkeley site<img src='http://assets.bizjournals.com/sanfrancisco/news/Cal_Campanile_Yellow_Roses*100.jpg?v=1'>The University of California, Berkeley picked a site at Cedar and Fourth streets in the West Berkeley flatlands for a "shared services" center that will handle consolidated personnel, finance, research administration and information technology work now done in 200 separate places on the campus.
This new center, near Berkeley's Fourth Street shopping district, is "projected to generate significant savings for the campus," the university said.
Cal's division of biological sciences and its colleges...<div class="feedflare">
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</div>MarkLogic appoints Gary Bloom CEO<img src='http://assets.bizjournals.com/sanfrancisco/blog/Gary-Bloom-High-Res*100.jpg'>MarkLogic Corp., a San Carlos maker of hardware and software for managing and interpreting data, hired Gary Bloom as chief executive officer.
Bloom was most recently CEO and president at eMeter, the San Mateo maker of software for electrical, gas and water utilities that was recently acquired by Siemens Corp. Prior to that, he was a vice chair and president of Symantec Corp. and chairman and CEO of Veritas Software.
He replaces MarkLogic co-founder Christopher Lindblad, who had quietly retaken...<div class="feedflare">
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</div>Safeway to indemnify top officers and directors against costs of suits and settlements<img src='http://assets.bizjournals.com/sanfrancisco/news/CORPPHIL-renda,laree-supl*100.jpg?v=1'>Grocery store company Safeway Inc. will indemnify its top executives from expenses and damages they may incur from lawsuits or settlements.
In some cases, Safeway (NYSE: SWY) will even pay their expenses in advance for legal actions against them.
Pleasanton-based Safeway decided to do this because "highly competent persons have become more reluctant to serve publicly-held corporations as directors or officers or in other capacities unless they are provided with adequate protection."
Protection...<div class="feedflare">
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Get Chicago News About Business And Political Activities Day By Dawn Manning One of the eminently carrying charge effective ways you can promote your consortium is through the use of a powerful partnership card.In which time one compares the operating costs of a Read more...
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Write a Business Law News Article And Get Publicity for Your New Business Unlike your Yellow Pages ad, your web site and your offers can be updated instantly, so use the yellow Pages to capture your prospects to where your current offers are. Being proactive, using Read more...
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The Traffic News You Can Use By Tapan Singh Latest traffic news is to make you organised for your passage If it happens often with you that on reaching the flyover you have got stuck with no way either to go up on the flyover or take Read more...
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Accenture's Global Technology Growth Continues In India By Rene' V. Richards The global expansion of the Big4 into countries such as India, Brazil, and China are a testament to the tremendous growth potential to be found in the world markets; the latest from Accenture is to Read more...
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Jawa settles lawsuit with Verizon Jawa and founder Jason Hope have settled a lawsuit with Verizon Wireless regarding claims the premium texting service company was violating the carrier?s terms for businesses.
The settlement, which was entered into files of U.S. District Court of Arizona at the end of April, would block Jawa or Hope from offering premium texts without written permission from Verizon, and they cannot do so for at least six months, according to the consent decree filed with the court.
Verizon officials said they...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/AeymF0e2lsY" height="1" width="1"/> Suntech, First Solar weigh in on tariff ruling Arizona has two of the biggest names in global solar module production separated by about 50 miles, but both First Solar Inc. and Suntech Power Holdings Co. Ltd. have a huge stake in new tariffs levied against Chinese modules coming to the U.S.
When the U.S. Commerce Department came down with at least 31 percent tariffs on Chinese companies? modules earlier Thursday, the whole solar industry was talking.
Tempe-based First Solar (Nasdaq: FSLR) has tried to stay above the fray for months. It has...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/crGkQ0n7o6I" height="1" width="1"/> Arizona Technology Council tabs new board members <img src='http://assets.bizjournals.com/phoenix/print-edition/Vermillion_Chuck*100.JPG?v=1'>The Arizona Technology Council has chosen nine new board members and named Roger Vogel as its new vice chairman.
The organization, which represents a wide swath of technology companies in the state, chooses its board members each year. The board?s chairman, OneNeck IT Services CEO Chuck Vermillion, will remain as the board?s leader.
New board members are:
Chad Eckes, chief information officer, Cancer Treatment Centers of AmericaClark Peterson, CEO, TelesphereJeff Unruh, managing director,...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/8dsimFcBxxo" height="1" width="1"/> Mitchell narrowly tops Monti in Tempe mayoral race <img src='http://assets.bizjournals.com/phoenix/news/Mitchell%20mark*100.jpg?v=1'>Mark Mitchell has overtaken restaurant executive Michael Monti in their contentious and tight Tempe mayor?s race.
Monti previously held a narrow lead on Mitchell, a Tempe City Councilman and son of former Tempe mayor Harry Mitchell. But the count released this afternoon gives Mitchell a 139-vote win over Monti.
Mitchell has 11,351 votes versus 11,212 for Monti, according to the final tally. Monti held a 222-vote lead over Mitchell when the polls closed Tuesday, but some provisional and early...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/vIwNw52-pPM" height="1" width="1"/> Social Madness nominations are in, now what? <img src='http://assets.bizjournals.com/phoenix/blog/socialmadness/SocialMadness_logo*100.jpg?v=1'>Nominations have closed for Social Madness presented by Capital One Spark Business, and the Phoenix Business Journal raked in about 150 of them. Now, the fun can begin.
For those companies concerned about not hearing an update about the social media competition, fear not! American City Business Journals, our parent company, currently is in the process of reviewing, vetting and approving nominations.
Nominated companies will be notified of their approval before the next phase of the competition...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/qTs3xT5WbSU" height="1" width="1"/> Greg Jamison, NHL move ahead with Phoenix Coyotes sale, but no Glendale vote imminent <img src='http://assets.bizjournals.com/phoenix/blog/business/Jamison,%20greg_sharks*100.jpg?v=1'>Greg Jamison is taking more steps toward buying the Phoenix Coyotes from the National Hockey League, but there is no action yet scheduled by the Glendale City Council on its portion of the deal.
Jamison is slated to sign preliminary sales documents and terms with the NHL later today or Friday. The NHL has owned the Coyotes since buying the team out of Chapter 11 bankruptcy for $140 million in 2009.
The NHL, Jamison and Glendale are trying to finalize a sale of the team to keep it playing in the...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=tCMGeoAj8eM:dbhZW8KFtNs:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=tCMGeoAj8eM:dbhZW8KFtNs:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=tCMGeoAj8eM:dbhZW8KFtNs:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=tCMGeoAj8eM:dbhZW8KFtNs:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=tCMGeoAj8eM:dbhZW8KFtNs:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=tCMGeoAj8eM:dbhZW8KFtNs:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/tCMGeoAj8eM" height="1" width="1"/> Arizona college coaches don't approach 'Coach K' kind of pay <img src='http://assets.bizjournals.com/triangle/images/Coach%20Mike%20Krzyzewski*100.jpg?v=4'>Major college coaches in Arizona make only a fraction of what Duke University basketball coach Mike Krzyzewski makes, but they still bring home a hefty salary.
Tax documents filed by Duke, an affluent, private university in North Carolina, shows that ?Coach K? earned $7.2 million in 2010, including a $3.7 million bonus for winning the NCAA title. That makes Krzyzewski one of the highest paid coaches in college sports.
The basketball and football coaches at Arizona State University and the University...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/_sdAAZ2RwtM" height="1" width="1"/> Dave Krietor retiring from city of Phoenix post <img src='http://assets.bizjournals.com/phoenix/news/page41_Krietor_David*100.jpg?v=1'>Phoenix city hall veteran Dave Krietor is retiring from city government after 22 years and taking a position with Scottsdale ambulance company Rural/Metro Corp.
Krietor is currently deputy city manager and oversees Phoenix Sky Harbor International Airport as well as the city?s fire, planning and economic development departments. He will join Rural/Metro as vice president of government affairs.
"We are very excited to welcome him to our team and highly confident that his long and successful career...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=x6yO1G3NG9o:piESEKEhWgc:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=x6yO1G3NG9o:piESEKEhWgc:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=x6yO1G3NG9o:piESEKEhWgc:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=x6yO1G3NG9o:piESEKEhWgc:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=x6yO1G3NG9o:piESEKEhWgc:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=x6yO1G3NG9o:piESEKEhWgc:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/x6yO1G3NG9o" height="1" width="1"/> Class action deal could bring $39M for Arizona mental health services After decades of deliberation, Arizona Governor Jan Brewer signed a two-year agreement today with plaintiffs on the Arnold vs. Sarn class action suit, which outlines reforms and allocates $39 million in funding to community-based mental health services, pending court approval.
The class action lawsuit was initiated in 1981 when a group sought judgment against the Arizona Department of Heath Services, the Arizona state hospital and Maricopa County Board of Supervisors. The plaintiffs claimed that...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/zJUO7h5IsYk" height="1" width="1"/> Solar tariffs on Chinese panels will affect Arizona industry <img src='http://assets.bizjournals.com/phoenix/news/first%20solar%20calilf*100.jpg?v=1'>Arizona?s solar industry may face higher prices for panels, as the U.S. Commerce Department has placed a 31 percent tariff on panels imported from China.
It could go as high as 250 percent.
The decision, announced Thursday, was undertaken after SolarWorld Industries America Inc. protested what it believed were Chinese-backed companies dumping panels in the U.S. to drive down prices.
The case has been working through the Commerce Department and the International Trade Administration for months....<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/IOj99d1dtqc" height="1" width="1"/>
City ordinance will be amended to protect gay people Ever since the idea for amending the Jacksonville anti-discrimination ordinance to include gay people came up a couple of weeks ago, people have been wondering why Mayor Alvin Brown has declined to address the issue head on, which seems to be his style on just about any topic you can name.
We argue in Friday?s Jacksonville Business Journal editorial that when all is said and done, it really won?t matter what the Mayor says on this issue. Chances are, the ordinance will be amended by the City...<div class="feedflare">
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</div> Wells Fargo No. 1 SBA 7(a) lender in Florida <img src='http://assets.bizjournals.com/jacksonville/images/BOL-Wells-Fargo*100.jpg?v=2'>Wells Fargo was the No. 1 Small Business Administration 7(a) lender in 12 states ? including Florida ? for the first six months of federal fiscal year 2012.
SBA 7(a) loans are given to qualifying businesses in a wide range of industries that generally have average revenue of less than $20 million and 500 or fewer employees.
The other states in which the San Francisco-based bank (NYSE: WFC) led in 7(a) lending included Alaska, Arizona, California, Colorado, Minnesota, North Carolina, Nevada,...<div class="feedflare">
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</div> Ideas abound to fix Downtown, but which are gaining traction? <img src='http://assets.bizjournals.com/jacksonville/blog/SkylinefromRiversidecarousel550*100.jpg?v=1'>Of all the issues Downtown revitalization faces, a shortage of ideas isn?t one of them.
Sidewalk cafes. The transformation of a blighted corner into a boutique hotel and urban chic apartments. A new convention center.
Then there are the ideas Mayor Alvin Brown has put out there in recent weeks: The private investor fund for revitalization projects and putting out a request for proposals to take inventory of vacant properties.
In tomorrow?s print edition, we take a closer look at the ideas...<div class="feedflare">
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</div> JPMorgan Chase trading loss to increase by at least $1 billion <img src='http://assets.bizjournals.com/sanjose/news/4-jp%20morgan%20chase%20logo*100.jpg?v=1'>The $2 billion loss from a JPMorgan Chase & Co. investment office is could increase by at least 50 percent, the New York Times reports.
CEO Jamie Dimon announced the loss last week, and said they could double within the next few quarters, the NYT reported.
The FBI has launched a preliminary investigation into the bank.
JPMorgan Chase & Co. (NYSE: JPM) is the thirty-ninth-largest bank in Northeast Florida, with $12 million in local deposits and 1 branch.<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=ZuTWudmTAic:mvcAY9buOHU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=ZuTWudmTAic:mvcAY9buOHU:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=ZuTWudmTAic:mvcAY9buOHU:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=ZuTWudmTAic:mvcAY9buOHU:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?i=ZuTWudmTAic:mvcAY9buOHU:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_jacksonville?a=ZuTWudmTAic:mvcAY9buOHU:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_jacksonville?d=qj6IDK7rITs" border="0"></img></a>
</div> Southwest slows fleet growth, ups dividend <img src='http://assets.bizjournals.com/stlouis/Southwest_Boeing_737_Promo*100.jpg?v=1'>Southwest Airlines announced Wednesday that it plans to slow down its fleet growth as part of its plan to hit profit targets, the Dallas Business Journal reports.
?The delivery deferrals will reduce our capital spending roughly $1 billion, in total, for 2012 through 2014, supporting our desire to strengthen our free cash flow in an uncertain economic and fuel cost environment,? said Gary Kelly, Southwest?s president, chairman and CEO, at Wednesday?s annual shareholder meeting.
The aircraft...<div class="feedflare">
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</div> Wells Fargo customers in Florida to get $7 fee <img src='http://assets.bizjournals.com/jacksonville/images/BOL-Wells-Fargo*100.jpg?v=2'>Wells Fargo customers in Florida with Essential Checking accounts will be charged a $7 monthly fee starting in September unless they keep a $1,500 minimum daily balance or have $500 a month directly deposited, the Sun Sentinel reports.
The fee will go to $5 if customers are willing to get online instead of paper statements.
Wells Fargo (NYSE: WFC) is the third-largest bank in Northeast Florida with 62 offices, $6.1 billion in area deposits and a market share of 13.22 percent.<div class="feedflare">
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</div> Wells Fargo asks for reversal of $203M overdraft damages <img src='http://assets.bizjournals.com/jacksonville/images/BOL-Wells-Fargo*100.jpg?v=2'>Wells Fargo & Co. is seeking a reversal of a judgment that orders it to pay California customers $203 million for manipulating debit-card transactions to boost overdraft fees, Bloomberg reports.
Wells Fargo (NYSE:WFC) asked a federal appeals court to throw out the judgment, saying the lawsuit claims are preempted by federal banking law.
The suit came after customers alleged the bank changed its treatment of debit-card transactions and cash withdrawals in 1999 to boost overdraft fees.
Wells Fargo...<div class="feedflare">
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</div> Bank of America sheds branches <img src='http://assets.bizjournals.com/austin/news/BankofAmerica%20icon*100.jpg?v=1'>In an effort to shave costs, Bank of America Corp. closed 154 banking centers and 631 ATMs in the first quarter, the Phoenix Business Journal reports, citing a securities filing from the Charlotte-based banking giant.
BofA (NYSE:BAC) said the number of online banking customers increased by 374,000 and mobile customers by 2.7 million during the first quarter, reflecting customers? changing preferences.
BofA sold 15 branches in Maine last month. The Charlotte Business Journal at that time reported...<div class="feedflare">
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</div> Judge keeps Hostess Brands' union contacts intact <img src='http://assets.bizjournals.com/denver/news/HostessTwinkiesWeb*100.JPG?v=2'>A U.S. Bankruptcy Judge has told Irving-based Hostess Brands Inc. that its labor contracts with the International Brotherhood of Teamsters union will stay in place.
The company had sought to throw out its agreement as it struggles with its second Chapter 11 bankruptcy reorganization it the past couple years.
?We told our Hostess members all along that we would vigorously oppose the imposition of unjust working conditions since Hostess first filed bankruptcy, and we have done just that,? Teamsters...<div class="feedflare">
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</div> Stein Mart reports first quarter earnings <img src='http://assets.bizjournals.com/jacksonville/Stein-Mart-550*100.jpg?v=1'>Stein Mart (Nasdaq: SMRT)
Sales: $303.4 million, flat from $303.5 million a year earlierNet income: $11.8 million, down from $15.9 million a year earlierEarnings per share: 27 cents per diluted share, down from 35 cents a year earlier
?It is very important for us to reinforce the value of our merchandise at their regular prices,? said Jay Stein, interim CEO. ?We have made substantial progress on this initiative during the first quarter with only a minimal impact to our comparable store sales....<div class="feedflare">
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