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Australian business confidence hits record lows: survey
Australia's central bank skipped its monthly interest rate meeting Tuesday as expected, despite the economic downturn, as a new survey revealed business confidence was stuck at record lows.
Making the Leap in Business News
NEW YORK -- When Liz Claman made the jump from local television to business news a decade ago, she had never heard of Warren Buffett.
Sharp drop in small business loans
The credit freeze afflicting America's small businesses shows no signs of thawing. In the last three months of 2008, the Small Business Administration's flagship loan-guarantee program backed less than half the number of loans it approved a year earlier - a sign that fewer entrepreneurs are getting financing to start or expand their ventures.
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