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Last Updated on: May 30 2012 4:42PM
Obama's health care aid to small firms disappoints

WASHINGTON - It seemed like a good idea at the time.

But a health insurance tax credit for small businesses, part of President Barack Obama's health care law that gets strong support in public opinion polls, has turned out to be a disappointment.

Time-consuming to apply for and lacking enough financial reward to make it attractive, the credit was claimed by only 170,300 businesses out of a pool of as many as 4 potentially eligible million companies in 2010.

(Read more...)

Today's Headlines:

Are you a strong negotiator? Knowing how to bargain and make a great deal is a valuable skill for any entrepreneur, and while some people seem to be born with the ability, it is possible to teach the fundamental rules.

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WASHINGTON - It seemed like a good idea at the time.

But a health insurance tax credit for small businesses, part of President Barack Obama's health care law that gets strong support in public opinion polls, has turned out to be a disappointment.

Time-consuming to apply for and lacking enough financial reward to make it attractive, the credit was claimed by only 170,300 businesses out of a pool of as many as 4 potentially eligible million companies in 2010.

(Read More)

Small business owners' view of the economy may have improved in 2012, but 71 percent still believe the United States economy is in a recession according to results of the 2012 U.S. Bank Small Business Annual Survey.

(Read More)

TORONTO, May 30, 2012 /CNW/ - Global vehicle sales continue to move higher, but the gain moderated to three per cent year over year (y/y) in April from nearly a five per cent advance in the first quarter, according to a Global Auto Report released today by Scotiabank Economics.

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NEW YORK - U.S. stock futures are falling with the stability of the European Union tenuous and borrowing costs for Spain hitting the highest levels since the country joined the euro.

(Read More)

WASHINGTON--Mitt Romney clinched the Republican presidential nomination with a win in the Texas primary, a triumph of endurance for a candidate who fought hard to win over skeptical conservative voters he must now fire up for the campaign against President Barack Obama.

(Read More)
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