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Published 02/08/2010 - 9:55 a.m. CT
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| Photo: iStockphoto.com/Sean Locke |
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WASHINGTON — President Obama has proposed constructing a new government lending program using $30 billion of the remaining Troubled Asset Relief Program (TARP) funds to offer cheap capital to banks that lend to small businesses.
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Published 02/05/2010 - 9:28 a.m. CT
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| Photo: iStockphoto.com/Evgeny Terentev |
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CHICAGO — The Regional Water Supply Planning Group, a task force funded by the Illinois Department of Natural Resources to study the Chicago area’s long-term water needs, has issued hundreds of recommendations for businesses and residents to start conserving water to prevent future shortages.
The task force issued a report last week directed at state, regional, county, municipal and other public agencies urging the implementation of high-efficiency washing machines, increased metering of water use, and greater recycling of water to meet the demands of the growing population.
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Published 02/04/2010 - 9:37 a.m. CT
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Last month’s article generated an abundance of e-mails and calls from potential buyers from around the country who told me their stories about the various brokers who are actually trying to sell laundries without audited financial statements and with no tax returns. The one commonality shared was that brokers were telling potential buyers that laundries can be valued by the looks and/or condition. Now that’s one for the books!
Regardless of how nice a laundry might look or how new the washers and dryers are, that’s not how it works. Don’t let your eyes fool you when you are evaluating your purchase — if the laundry doesn’t have cash flow after debt service, then the valuation is zero.
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Published 02/02/2010 - 9:41 a.m. CT
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| Photo: iStockphoto.com/Leonid Nyshko |
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MATTAPOISETT, Mass. — The Mattapoisett Laundromat collected more than 120 coats on behalf of the One Warm Coat nonprofit organization Jan. 11-17. All of the coats collected were donated to Child & Family Services in New Bedford, Mass., to be distributed to those in need.
Customers, employees and other community members donated gently used and new coats, as well as hats, mittens and snow pants.
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Published 02/01/2010 - 10:34 a.m. CT
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NEW YORK — The 2010 Native American $1 coin officially debuted last week at the Smithsonian Institution’s National Museum of the American Indian George Gustav Heye Center in Manhattan’s financial district.
Ed Moy, director of the United States Mint, and John Haworth, Heye Center director, introduced the newest $1 coin at the event and passed out newly minted coins to the children in attendance.
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