State of Florida Sues Countrywide

MIAMI (Reuters) — Florida sued Countrywide Financial and its chief executive, Angelo R. Mozilo, on Monday, accusing it of engaging in unfair and deceptive trade practices in mortgage lending.

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EBay Ordered to Pay $61 Million in Sale of Counterfeit Goods

PARIS — EBay said it would appeal a French court’s order that it pay 38.6 million euros ($60.8 million) in damages to the French luxury goods company LVMH, the latest round in a long-running legal battle over the sale of counterfeit goods on the Internet.

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Midyear checkup can bring small businesses big savings

The end of June and beginning of July is an important time for savvy small-business owners, who'll be assessing their companies' finances and thinking about strategies for the second half of 2008. A midyear checkup is even more important than usual this year, given the uncertainty of the business climate.


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Small Businesses Coping with Hard times

NY Times Article on cutting costs, reducing the amount of time it takes to collect a receivable, and finding forgotten tax breaks.

Nationwide Contest Encourages Young Entrepreneurs

An 11th grader with a candle business takes home a $1,750 prize at a Los Angeles regional business-plan competition sponsored by the National Foundation for Teaching Entrepreneurship and the Merrill Lynch Foundation.

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Traveler Guitar Stays in Tune with Customers

Traveler Guitar expects sales to total as much as $1.8 million, a 44% increase over last year's $1.25 million. In 2004, sales were $450,000. CEO J. Corey Oliver says that providing superior customer service has helped improve their sales drastically.

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How Small Companies Build Big Brands

Interesting video on how small companies can build global brands.