WASHINGTON The U.S. economy grew at a meager 1 percent annual pace this spring, a slower rate than previously estimated. The downward revision will likely increase fears that the economy is at risk of another recession. Fewer exports and weaker growth in business stockpiles led the Commerce Department to lower its estimate for the April-June [...]

Power is returning for hundreds of thousands of people after Hurricane Irene passed through coastal states in the South. Repair crews rushed out in Virginia, the Carolinas and Maryland Sunday after Irene turned north. An enormous job lies ahead. Irene flooded power stations, toppled trees and tore down electrical wires. More than four million homes [...]

Valley Baptist Medical Center-Brownsville has completed work on new operating rooms hospital officials say will benefit patients in the region by offering a variety of surgical options, such as laparoscopic and other minimally-invasive surgeries. The project included construction of four new surgery suites, renovation of four existing operating rooms, a new day surgery unit with [...]

If it’s true, as commonly believed, that small business owners tend to be creative individuals, one of the expressions of this talent can be found in the way they calculate the adjusted net earnings they receive from their businesses. Seasoned business brokers often have difficulty coming up with an accurate earnings figure when analyzing the [...]

Do you use a social media strategy to help promote your small business? There’s a 50/50 chance you aren’t. According to a recent study conducted and published by Hiscox, a business insurance specialty company, an astonishing number of small business owners stated they do not have a social media strategy for their business. In fact [...]