The small business jobs act to revive economy

Gist: On Thursday, the government passed the small business jobs act which expand loans to small businesses and give them tax breaks.
Heidi Moore think it will help to fix a mistake done in the first TARP stimulus to banks, where billions of dollars were given to big banks hoping that they will lend it to small businesses. The new thirty billion plan is creating a fund which will be given to banks in hope they will lend to small businesses. Small business owners said that it took too long and that this is not enough. Felix Salmon disagree. He believes that this money will be leveraged and will be translated into hundreds of billions of dollars in landings to small businesses.

Commodity Prices Rising

Gist: Recently, commodities have soared in the markets. The demand has increased from China and India and the supply has decreased because of poor crop output from unfavorable weather conditions in recent years. With most of the stock market trending flat, the commodity market is one of the view trending in one direction. Likewise, it is drawing attention from investors.

(How long can this trend last?)

3 billion dollar marriage between equals

share holder finally approved the merger of United and continental airlines. The merger will eventually create the largest airline in the world. This 3 billion dollars merger is considered by most a good move. The airlines say that the union will save them hundreds of millions of dollars a year and will help them hold down their prices and stay competitive. Yet, some people foresee problems due to cultural differences and the strong unions in both airlines.