coupdegras

© liewcf

Credit cards for business entities are now being marketed with rewards programs and perks. In a move to make these business credit cards popular among the companies, the banking companies are marketing credit card debt.
Since the time when the competition among the credit cards companies began to issue small business owners an offer to open accounts for their companies, the major lenders have stepped up their efforts to get into this new sector. The major credit cards companies are now offering cash back rewards programs and more. Three new accounts for small businesses have been offered by the American Express and Capital One Financial.
The two accounts by American Express offer straight cash back and the account by Capital One gives lower interest rates based on the location of the business. These credit cards however do not extend the protection that is available to consumer credit cards since the terms of an agreement can be changed without notification.

© laffy4k

The slow economic situation has got its next vixtim, print media, with firms trying to consolidate their position in the only way they can. Bay Area News Group is ready to drop as many as 120 jobs in order to consolidate revenue. The company, which is one of the biggest publication groups in the country, revealed that it shall consolidate all 11 East Bay newspapers owned by it, into only 2 newspapers, a step that would reduce its employee strenght by 8 percent.
BANG president, Mac Tully, stated that, "We are trying to consolidate through streamlining. A lot of positives are being added: a local section seven days a week, a stand-alone business section every day and …"
Time shall tell if their move to consolidate their financial position gives returns worthy of the dire steps they were forced to take.

© Brooks Elliott

Creditors of the Washington Mutual company may not have to wait with baited breath for much longer, since decision on the company's status of bankruptcy is soon to be revealed.
Judge Mary Walrath said, at the start of the session of a final debate over WaMu's 7 billion dollar chapter 11 bankruptcy plan, that she is close to making a call on the same. WaMu's 1st attempt at exiting bankruptcy flopped early this year, when the same judge disregarded the chapter 11 plan for assorted defects. The urgency at arriving to a decision is tangible since rougly $40 million/month are being lost, from the promised recovery to the least-placed creditors in WaMu's bankruptcy case, thanks primarily to the ever-increasing delay.
All in all, WaMu's $7 billion bankruptcy case could well be nearing a final wrap-up.