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by Reuters: Small Business News
Bally clubs running on empty
NEW YORK (Reuters) - Bally Total Fitness Holding Corp, one of the largest health-club operators, filed for bankruptcy protection for the second time in 17 months and put itself up for sale after tight credit markets and falling membership caused what it called a "liquidity crisis."
Brewing a better business
RIO NEGRO, Costa Rica (Reuters) - Some gourmet coffee roasters have come up with a new solution to the problem of guaranteeing consistent quality in beans they sell to top-end restaurants and coffee bars: buy the farm.
Private jobs, services slump show recession toll
NEW YORK (Reuters) - Private employers cut 250,000 jobs in November, an unexpectedly large number and the biggest in seven years, while the service sector, which powers most of the economy, posted its worst slump on record.
New EU recycling laws worry manufacturers
BRUSSELS (Reuters) - Electronics manufacturers will have to collect and recycle nearly two thirds of the electrical goods they sell in the European Union, the EU's executive said on Wednesday.
Start-ups knock on MySpace's door
NEW YORK (Reuters) - MySpace, the online social network owned by News Corp, sees opportunities to buy start-ups for a fraction of what they would have cost six months ago as the economic slump slices millions of dollars off their price tags.
Office furniture orders fall 6 pct in Oct
(Reuters) - Office furniture orders fell 6 percent in October to $945 million compared with a year ago, its largest decline since May 2003, a trade group said on Wednesday.
Downturn hits U.S. corporate meetings
ORLANDO, Florida (Reuters) - The storm buffeting the U.S. economy threatens to swamp the $175 billion corporate meetings industry as companies seek to cut back on expenditure by reducing the number of conferences they hold.
Business could learn from Obama style, experts say
NEW YORK (Reuters) - If Barack Obama were a corporate chief executive, the incoming U.S. president already would be winning high marks for his management style, experts say.
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