Archive for January 2011
County officials sworn into office
The Polk County Board of Supervisors elected John Mauro, 4th District Supervisor, as its new chairperson and Angela Connolly, 5th District Supervisor, as vice-chairperson for 2011 in the first official public meeting of the new …
Read MoreU.S. property is tops with foreign investors
Foreign real estate investors overwhelmingly ranked the U.S. commercial real estate market as their top choice for investment this year and viewed it as the best opportunity for price appreciation, Reuters reported, based on a …
Read MoreIt pays to be social
Facebook, the popular social networking site, has raised $500 million from Goldman Sachs Group Inc. and a Russian investor in a deal that values the company at $50 billion, The New York Times reported.
The …
Read MoreBank of America clears the air with federal underwriters
Bank of America Corp., the biggest U.S. bank by assets, resolved disputes with Freddie Mac and Fannie Mae by agreeing to pay more than $2.6 billion to settle claims that it sold loans based on …
Read MorePreview: auto sales gain speed
U.S. automobile sales may have continued at the fastest pace since 2009 in December, carrying the industry to its first annual increase since 2005, Bloomberg reported before the release later today of industry sales data. …
Read MoreSmall businesses keeping underemployment high
As the U.S. economy gains momentum heading into 2011, small-business employment is lagging behind other drivers of the recovery, Bloomberg reported. Though past economic rebounds were led by companies with fewer than 500 people adding …
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