http://www.startupbizhub.com StartupBizHub.com is a site for all novice entrepreneurs that can ask their questions and get answers about all kinds of businesses. en-us Copyright 2009 StartupBizHub.com. All Rights Reserved. 6/9/2026 2:19:05 AM 20 http://www.startupbizhub.com/groupon-to-offer-epic-deals-starting-nov15.htm In an effort to grab a much larger share of the holiday spending, online discount firm Groupon Inc. on Thursday said it plans to launch much bigger, ticket items this year as the company ramps up its business following its initial public offering. Mon, 14 Nov 2011 12:00:00 CST http://www.startupbizhub.com/us-trade-deficit-narrows-in-september.htm A new data released by the United States Commerce Department showed a slight decrease in the country’s trade deficit in September, but was still above last year’s record. Fri, 12 Nov 2010 12:00:00 CST http://www.startupbizhub.com/us-senate-votes-for-jobless-benefit-extension.htm Fueled by angry sentiments of the voters ahead of the November mid-term elections, the United States Senate has voted on Tuesday to clear the final hurdles for the passing of the legislation aimed to extend the unemployment benefits of some 2.5 million Americans. Wed, 21 Jul 2010 12:00:00 CST http://www.startupbizhub.com/white-house-eyes-jobs-growth-by-spring.htm The White House now eyes job growth by spring next year following predictions by different economic experts, saying that job market development is most likely to sprout in the early quarters of 2010. Tue, 15 Dec 2009 12:00:00 CST http://www.startupbizhub.com/us-companies-eye-new-job-offering-survey.htm Companies in the US are now eyeing the creation of new jobs for the American people as they look ahead into 2010 sales, a new data from a private research firm showed on Monday. Mon, 26 Oct 2009 12:00:00 CST http://www.startupbizhub.com/us-retail-sales-drags-down-auto-industry.htm The US retail sales have dragged down the sales of the auto industry in September as consumers continue not to spend. According to the Commerce Department, the low demand for retail products resulted to a drop of 1.5 percent, and an even slow sales output for the auto market at the end of the cash for clunkers program of the government. Fri, 16 Oct 2009 12:00:00 CST http://www.startupbizhub.com/us-govt-creates-only-30-000-jobs-out-of-$787b-stimulus-fund.htm A new data regarding the state of the $787 billion US stimulus package has now raised the question on whether the Obama administration has failed in its implementation. Fri, 16 Oct 2009 12:00:00 CST http://www.startupbizhub.com/unemployment-seen-at-10-percent-despite-end-of-recession.htm Unemployment in the United States is seen rising to around 10 percent in the second half of 2009 despite reports that the recession is finally over. Tue, 13 Oct 2009 12:00:00 CST http://www.startupbizhub.com/united-auto-works-ford-close-in-on-contact-changes.htm The United Auto Works and Ford Motor Co. have finally closed in on contract changes after six weeks of discussion. Sun, 11 Oct 2009 12:00:00 CST http://www.startupbizhub.com/tougher-job-competition-seen-in-the-us.htm Tougher job competition among jobless Americans is seen in the United States as 6.3 percent of unemployed workers battle it out for a single opening. Sun, 11 Oct 2009 12:00:00 CST http://www.startupbizhub.com/united-states-in-on-sale-turns-in-to-shoppers-paradise.htm The whole US is literally on sale as retail stores, luxury product companies, and major manufacturers slashed down their prices to cope up with the lost profit due to the long months of recession. Tue, 6 Oct 2009 12:00:00 CST http://www.startupbizhub.com/us-govt-looking-to-extend-unemployment-and-health-benefits-of-laid-off-workers.htm The Obama-administration has bared plans to provide more lift to unemployed workers by extending their unemployment claims and health care benefits. Sat, 3 Oct 2009 12:00:00 CST http://www.startupbizhub.com/us-new-home-sales-record-extended-streak.htm New home sales in American is gaining momentum as sales in August showed a 0.7 percent increase making it the fifth straight month that the housing market has registered gain. Sun, 27 Sep 2009 12:00:00 CST http://www.startupbizhub.com/us-holiday-spending-falls-flat.htm High unemployment rate, low salary, and decreasing job security in the United States are pushing holiday spending into a flat progress as American consumers save up in an unprecedented rate as lessons of the recession was put in mind of the people, a retail research group said on Monday. Mon, 21 Sep 2009 12:00:00 CST http://www.startupbizhub.com/us-2009-imports-sharply-below-average-lowest-since-2003.htm Import volume in the United States to go down by 18 percent, according to experts. US imports will mostly hit only 12.5 million containers, the lowest since 2003 and the 25th consecutive month that the imports were lower in terms of year-on-year average. Fri, 18 Sep 2009 12:00:00 CST http://www.startupbizhub.com/us-retail-sales-rose-as-economy-surges.htm Retail sales in the US increased by some 2.7 percent in August, the fastest since the start of 2006, the US Commerce Department said on Tuesday. Wed, 16 Sep 2009 12:00:00 CST http://www.startupbizhub.com/us-trade-deficits-to-china-grows-bigger-chinese-unhappy-about-it.htm The Chinese government hit back on the Obama-administration over an old trade dispute, saying that the US failed to honor the deal it has promised with China during the G20 summit. Mon, 14 Sep 2009 12:00:00 CST http://www.startupbizhub.com/us-govt-pushes-for-cash-for-fridge.htm Following the successful turnout of the “cash for clunkers” auto program of the Obama-administration, the government on Monday said that it will be coming up with a new stimulus deal for American consumers called “cash for refrigerators”. Tue, 1 Sep 2009 12:00:00 CST http://www.startupbizhub.com/unemployment-rate-drops-in-17-states-in-july.htm The US Labor Department on Friday said that the government's stimulus package is now showing its effect as it helped some 17 States to lower the jobless rate in the area in July, giving signs that the recession has finally bottomed down. Sun, 23 Aug 2009 12:00:00 CST http://www.startupbizhub.com/weak-job-market-low-consumer-spending-slow-down-economic-recovery.htm Analysts on Friday said that there are still no signs of fast economic recovery in the US as weak spending habits by the consumers still looms, preventing small and medium scale businesses to continue full operations due uncertainties in the market mood. Fri, 21 Aug 2009 12:00:00 CST http://www.startupbizhub.com/us-housing-recovery-on-the-right-track.htm The US Department of Commerce said that sales in the single-family homes increased for the fifth straight month in July as housing producers’ pricing fell significantly, giving the distinction that the recession, the longest since the great depression, has bottomed down. Wed, 19 Aug 2009 12:00:00 CST http://www.startupbizhub.com/us-banks-still-barely-recovering.htm Even if there’s a slight recovery for US banks, they still remain in tight straights – especially the smaller ones – experts say. A clear breakwater for the large financial institutions of the nation came as a flood of financial results were reported for the period April-June but regional banks are still bleeding red. Sun, 9 Aug 2009 12:00:00 CST http://www.startupbizhub.com/us-government-to-bring-green-jobs-to-midwest.htm As part of the $787 billion stimulus package of the government, President Obama said that he will invest some $2.4 billion for creation of jobs in the Midwest to help it recover from the blows of the economic recession. Indiana, one of the most economically battered regions of the US will benefit most from the funding. Thu, 6 Aug 2009 12:00:00 CST http://www.startupbizhub.com/us-congress-passes-for-second-reading-the-legislation-limiting-exec-pay.htm The Congress has now passed to the US Senate the legislation that would put a limit to the high pay that company executives were receiving. Sat, 1 Aug 2009 12:00:00 CST http://www.startupbizhub.com/unemployment-claims-declines-jobs-cuts-decrease-in-july.htm The number of people filing for unemployment claims in the US has dropped significantly giving hopes to majority of the Americans that the economy may soon be one its way back to stability. The survey also showed that job cuts for July was lower. Fri, 31 Jul 2009 12:00:00 CST http://www.startupbizhub.com/us-job-loss-still-looms-consumers-tentative-over-economy.htm Conference Board on Tuesday said that US consumer spending habit and its confidence to the economy may have great effects to incoming back-to-school shopping season as parents begin to worry more about personal problems such as job security. Wed, 29 Jul 2009 12:00:00 CST http://www.startupbizhub.com/revenue-loss-prompts-us-airways-to-slash-600-jobs.htm Due to the current economic recession, some 600 airport employees of the US Airways will be booted out of their jobs. Wed, 15 Jul 2009 12:00:00 CST http://www.startupbizhub.com/us-retailers-saved-by-auto-sales.htm Despite weary spending and consumer confidence still at all time low, the economy is showing small steps back to recovery following a reported jump in the sales of automobiles and lowering of gasoline prices that help US retailers catch up with losses. Wed, 15 Jul 2009 12:00:00 CST http://www.startupbizhub.com/us-export-remains-strong-commerce-department.htm The US Department of Commerce, citing its recent figure, said the trade deficit in May is the lowest in a decade as exports remained strong while imports were drastically declining as the demand for cars, auto parts, and PCs were also decreasing. Mon, 13 Jul 2009 12:00:00 CST http://www.startupbizhub.com/toyota-to-invest-$500-million-to-boost-us-sales.htm Japanese carmaker Toyota Motor Corp. is now planning to invest heavily in its plant in Indiana to upgrade its SUV manufacturing line after the sales of its car in the US hit a downhill turn. Mon, 6 Jul 2009 12:00:00 CST http://www.startupbizhub.com/us-auto-industry-welcomes-below-30-drop-fall-slowing-down.htm A recent study showed that US auto sales are showing some signs resistance from the falling vehicle market as it registered a 28 percent drop. It is the first time that the auto sales market breaks the 30 percent drop since it crashed down in September 2008. Thu, 2 Jul 2009 12:00:00 CST http://www.startupbizhub.com/tough-budget-choices-faced-by-california-and-other-states.htm Lawmakers around the nation have spent Tuesday in around-the-clock, grueling budget sessions as they face a tough time in painful cuts and other government shutdowns. The most dramatic negotiations unfolded in California in the middle of a $24.3 billion historic deficit. Wed, 1 Jul 2009 12:00:00 CST http://www.startupbizhub.com/orion-plant-tops-gm-list.htm General Motors Corp. on Friday announced that it will start the production of its line of small and subcompact cars at the Orion plant in Orion, Michigan. Sun, 28 Jun 2009 12:00:00 CST http://www.startupbizhub.com/us-sheds-345000-jobs-in-may.htm The US labor sector shed 345,000 jobs in May which is lower compared to 504,000 in April. Meanwhile, the Labor Department said that there are 14.5 million displaced workers, pushing the joblessness to 9.4 percent in the US. Sun, 7 Jun 2009 12:00:00 CST http://www.startupbizhub.com/us-retail-industry-to-expand-abroad.htm Retail executives said they are expecting that the US economy will recover sooner, allowing them to expand and open stores in foreign economies. Sat, 30 May 2009 12:00:00 CST http://www.startupbizhub.com/us-retailers-continue-to-reel-from-low-consumer-spending.htm The retail business has trimmed its expenses to maintain its operation and cushion the impact of low consumer spending amid the economic crisis. Sun, 24 May 2009 12:00:00 CST http://www.startupbizhub.com/your-401k-may-be-worthless.htm Employees are becoming bitter because they're watching their 401(k) balances fall. Who can blame them? The defined contribution plan is failing them and some employers have even suspended their monthly contributions. Fri, 22 May 2009 12:00:00 CST http://www.startupbizhub.com/gm-reveals-last-contingency-plan-to-avoid-bankruptcy.htm Struggling carmaker General Motors Corp. (GM) on Monday revealed its final restructuring plans that include massive workforce reduction which can affect more than 21,000 employees and possible government takeover on its majority of stock. Tue, 28 Apr 2009 12:00:00 CST http://www.startupbizhub.com/gm-must-prepare-to-file-bankruptcy-fed.htm In a New York Times report, the US Treasury Department has urged carmaker giant General Motors to file for bankruptcy in June despite the company's claim that it can restructure itself to prevent financial meltdown. Mon, 13 Apr 2009 12:00:00 CST http://www.startupbizhub.com/71-percent-of-us-companies-lay-off-workers.htm According to a recent study, more than 70 percent of US companies have resorted to massive layoffs as consumer spending and sales were down amid financial crisis. Meanwhile, some companies said that layoff have its own negative ramification as human resources are considered as one of the most important element for a successful business. Tue, 7 Apr 2009 12:00:00 CST http://www.startupbizhub.com/jobless-in-us-reaches-13-million.htm According to the latest survey, unemployment rate in March rose by 8.5 percent or 12 million employees lost their jobs. In just a month, the report said that more than 663,000 people were laid off as businesses continue to reduce its workforce to cut cost amid slumping sales and low consumer demand. Sun, 5 Apr 2009 12:00:00 CST http://www.startupbizhub.com/carmakers-provide-incentives-to-buyers-who-lost-work.htm Following the steps of Korean company Hyundai, US carmakers have announced it will provide incentives to buyers to lure them to buy new cars. One of these includes car payment coverage for those buyers who will lose their jobs within one year of purchasing a vehicle. Wed, 1 Apr 2009 12:00:00 CST http://www.startupbizhub.com/number-of-jobless-in-the-us-reaches-25-year-high.htm Unemployment rates continue to rise despite releasing billion-dollar worth of stimulus package to American community to boost economic activity. According to a recent study, unemployment rate in February rose to 8.5 percent from 8.1 percent in the previous month, with a total of 5 million people who lost their jobs. Mon, 30 Mar 2009 12:00:00 CST http://www.startupbizhub.com/jobless-rates-reach-10-percent-in-7-states.htm With the worsening economic condition now on its second year, the Labor Department said 7 states have reached more than 10 percent unemployment rate in February. According the report, Rhode Island and North Carolina hit record-high joblessness. Sat, 28 Mar 2009 12:00:00 CST http://www.startupbizhub.com/government-seeks-deeper-concessions-from-carmakers.htm The US carmakers were asked by the federal government to provide more concessions to make sure the funds are properly used. Meanwhile, Chrysler and General Motors filed $5 billion and $16.6 billion additional loans from the government to keep its finances afloat despite slumping sales and weak demand. Sat, 28 Mar 2009 12:00:00 CST http://www.startupbizhub.com/social-security-members-to-receive-$250.htm In line with the stimulus programs, the federal government has released $13 billion that will be shared by more than 50 million Social Security beneficiaries, according to vice president Joe Biden. Starting in May, recipients will have $250 one-time payment that is expected to help common Americans in their finances. Fri, 27 Mar 2009 12:00:00 CST http://www.startupbizhub.com/more-us-banks-shut-down.htm The Federal Deposit Insurance Corp. has recently shut down three more banks in the US including Kansas, Colorado, and Georgia. According to some experts, more financial institutions are facing possible meltdown due to prolonged recession, warning that government should act quickly so solve this looming financial crisis. Sun, 22 Mar 2009 12:00:00 CST http://www.startupbizhub.com/congress-votes-for-90-percent-tax-cut-on-executives-bonuses.htm Following the controversial bonuses given to top executives of American International Group (AIG), an insurance company which received bailout money from the government, lawmakers passed a new measure to avoid excessive pays for senior employees to make sure that bailout package will go to the right projects. Sat, 21 Mar 2009 12:00:00 CST http://www.startupbizhub.com/us-fed-prepares-plan-towards-economic-recovery.htm To revive the ailing US economy, the Federal Reserve held a conference on Tuesday to discuss plans on how to tackle the global recession that hit most industrialized countries. Meanwhile, the finance leaders still implement its zero to 0.25 percent lending rates which can urge businesses and consumers to borrow, thus stimulating more economic activity. Mon, 16 Mar 2009 12:00:00 CST http://www.startupbizhub.com/economists-believe-us-economy-will-rebound-in-2nd-half.htm Despite the weakening condition of the US economy in the first few months of 2009, economists believe that it will recover and become more stable during the second half of the year as investment and consumer spending will be stronger and will consequently trigger higher economic growth in the country. Tue, 10 Mar 2009 12:00:00 CST http://www.startupbizhub.com/majority-of-americans-support-obamas-economic-plans.htm A study recently conducted by Washington Post and ABC News revealed that nearly 70 percent of Americans support the economic plans proposed by President Barack Obama which means that he is enjoying popularity among his constituents. The survey also revealed that 75 percent of Americans are optimistic that Obama will do a great job during the course of his presidency. Tue, 24 Feb 2009 12:00:00 CST http://www.startupbizhub.com/auto-industry-asks-government-another-$14-billion.htm US automaker giants Chrysler and General Motors seek another bailout plan worth $14 billion from the federal government saying that it needed more financial assistance apart from the billion-dollar stimulus package the two carmakers received last year. Thu, 19 Feb 2009 12:00:00 CST http://www.startupbizhub.com/obama-plans-to-save-millions-of-homeowners-from-foreclosure.htm After signing the stimulus bill, President Barack Obama said he will immediately address the foreclosure crisis in the country which left thousands of Americans homeless while still threatening more homeowners who are facing eviction from their houses. Wed, 18 Feb 2009 12:00:00 CST http://www.startupbizhub.com/obama-set-to-sign-$787-stimulus-plan-on-february-17-2009.htm US President Barack Obama expressed his joy after the Congress passed the stimulus bill on Friday. With this event, the President said he will immediately sign the economic measure which can help businesses and companies get back on its feet while providing millions of job opportunities to people especially those laid-off workers. Sun, 15 Feb 2009 12:00:00 CST http://www.startupbizhub.com/us-demand-for-oil-continue-to-rise-amid-output-cut.htm To curb the plummeting price of crude oil due to over production and low consumer demand, the Organization of Petroleum Exporting Countries (OPEC) cut its production by almost 1.3 million barrels per day. Mon, 9 Feb 2009 12:00:00 CST http://www.startupbizhub.com/obama-orders-executive-pay-limit.htm President Barack Obama ordered companies which received Federal bailout package to implement salary cap of $500,000 for executives, saying this move is not only fair, but “basic common sense”. Thu, 5 Feb 2009 12:00:00 CST http://www.startupbizhub.com/obama-stimulus-bill-reaches-$850-billion.htm President-elect Barack Obama’s proposed recovery bill has grown to $850 billion after he successfully convinced his Democratic allies to increase this stimulus plan which can boost the economy and cushion the impact of recession. Thu, 15 Jan 2009 12:00:00 CST http://www.startupbizhub.com/us-jobs-continue-to-decline.htm Jobs loss will continue to hunt the US economy as experts predicted that in the second quarter of 2009, economic recession will emerge, forcing big companies to lay off thousands of workers and reduce its operating expenses. Thu, 8 Jan 2009 12:00:00 CST