If small business owners could receive one gift this holiday season, a majority said it would be more sales for their business. Dedicating more time to sales and marketing efforts is also the top New Year's resolution for the small businesses polled in a new survey from TD Bank. read more

DEC 21, 2011 - 8:00 am

The FOMC reported that since it met in November the economy has been expanding moderately, notwithstanding some apparent slowing in global growth. The FOMC said it will continue to extend the average maturity of its securities holdings and will keep the target range for the federal funds rate at 0 to 0.25%. read more

DEC 14, 2011 - 8:00 am

1st Source Bank said it has ranked #1 in the number of SBA 7(a) loans closed in the last fiscal year for the SBA's northwest region of Indiana. The bank said it ranked #3 statewide, making it the sixth year in a row it has been ranked in the top five. read more

DEC 5, 2011 - 8:20 am

The Wall Street Journal noted in a new story today (11/30/11) that smaller U.S. banks are cutting jobs in a sign of a deepening financial industry retrenchment. An associate professor of finance at NYU says, "There will be more to come." read more

NOV 30, 2011 - 8:25 am

AMR, the parent company of American Airlines, and AMR Eagle Holding said that bankruptcy court judge Sean H. Lane granted approval of a series of first day motions to help facilitate American's business operations throughout the reorganization process. read more

NOV 30, 2011 - 8:10 am

The Washington Post reported that a judge struck down a $285 million settlement between Citigroup and the SEC over toxic mortgage securities, saying he couldn't tell whether the deal was fair and criticizing regulators for shielding the public from details of the firm's wrongdoing. read more

NOV 30, 2011 - 8:05 am

The Monitor and monitordaily office will be closed on Thursday, November 24 and Friday, November 25 to celebrate the Thanksgiving holiday. You're invited to read a letter to the editor of the WSJ published on November 22, 2000 that we think captures the essence of the true meaning of this holiday. read more

NOV 23, 2011 - 8:35 am

Bloomberg reported that the sale of two New York City taxi medallions for a record $1 million each is sparking investor interest and bolstering shares of Medallion Financial. read more

NOV 18, 2011 - 8:20 am

GE announced it will hire 400 additional software architects, engineers, business development and user experience professionals when it opens its new global software center in California. read more

NOV 17, 2011 - 8:10 am

An assessment on entrepreneurial activity in the U.S. presents a mixed picture of how the economic downturn has affected small businesses. The report notes
"many trends in activity have persisted, particularly the rates of opportunity and necessity entrepreneurship." read more

NOV 17, 2011 - 8:05 am

International Decision Systems, a provider of asset finance software, announced the release of Rapport 6.3, the latest version of the company's front-office origination solution. read more

NOV 16, 2011 - 8:00 am

Thomson Reuters Loan Pricing notes in a recent article that fierce competition among regional and commercial banks lending to middle market companies is driving cost lower. read more

NOV 14, 2011 - 8:45 am

Bank of America said it has agreed to sell approximately 10.4 billion common shares of China Construction Bank through private transactions with a group of investors. The sales are expected to generate an after-tax gain of approximately $1.8 billion. read more

NOV 14, 2011 - 8:15 am

Bloomberg reported that GM's third-quarter profit was $1.73 billion as sales rose 7.8% from a year earlier. Bloomberg noted that GM is poised to regain the global sales lead this year after earning more than analysts estimated. read more

NOV 9, 2011 - 8:10 am

HP said it has completed its evaluation of strategic alternatives for its Personal Systems Group and has decided the unit will remain part of the company. read more

OCT 28, 2011 - 8:10 am