Small Business
Families edging out private equity in consumer deals
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
Small business optimism rises to six-month high
WASHINGTON - A gauge of confidence for small businesses rose in April to its highest in six months, a sign of resilience in an economy beset by Washington's austerity drive.
Double Eagle condensate pipeline starts up
HOUSTON - Double Eagle Pipeline LLC has begun moving Eagle Ford condensate from Three Rivers, Texas, to Magellan Midstream Partners LP's terminal in Corpus Christi, Magellan and 50/50 partner Kinder Morgan Energy Partners LP said on Tuesday.
Small restaurants serving big calories, salt: studies
NEW YORK (Reuters Health) - Despite public health progress in cutting calories, as well as salt and fat from fast foods and supermarket products, neighborhood restaurants are still packing big helpings of each into their meals, a trio of studies suggests.
Fight expected in House on online sales tax
WASHINGTON - The Senate voted overwhelmingly on Monday to give states the power to enforce their sales tax laws on online purchases, but the legislation faces a tougher fight in the Republican-controlled House of Representatives.
U.S.-backed maker of wheelchair-accessible vans shuts down
DETROIT - Vehicle Production Group LLC, a maker of wheelchair-accessible vans that received $50 million in low-interest federal loans, has closed its doors after running out of cash.
Made in America label stages comeback at stores
NEW YORK - When Roger Simmermaker went shopping for clothes at a Florida mall in the mid-1990s, he wanted to buy American, but to his frustration, he couldn't find anything made in the U.S.A.
How piracy and Weibo help Western TV stars break out in China
Right after Nina Dobrev tweeted a photo of her kissing a puppy, the same picture showed up on Weibo, China's twitter-like service, with its caption translated into Chinese. "I wish I were the doggy," one micro-blogger commented on the photo, which was already reposted more than 300 times on Weibo.
Small businesses added jobs in April: NFIB
WASHINGTON - Small businesses continued to add workers in April and nearly one fifth reported job openings they could not fill, evidence on the eve of a key U.S. monthly employment report that the nation's labor market continues to gradually heal.
Nasdaq says small firms should be able to trade on single venue
NEW YORK - Exchange operator Nasdaq OMX Group wants small and emerging companies listing shares on the public markets to be allowed to choose to be traded only on the venue where they are listed so buyers and sellers have an easier time connecting.
Q & A with Joel Jackson, founder of Mobius Motors
Weeks ago the Global Post profiled an interesting startup in Africa called Mobius Motors that is working to manufacture affordable ($6,000) cars in Africa that are designed for Africans. By simplifying the designs through the elimination of non-essential parts like windows and air conditioning, the team at Mobius is able to drastically reduce the cost of the vehicle. Reuters reached Mobius' founder Joel Jackson over email to ask him about how his plans for the car company and some of the challenges he foresees.
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