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Builder Confidence Down In February

According to a recent survey, builder confidence dipped below “good” in February. There are several variables experts believe have caused the drop: job growth uncertainty, inaccessible consumer mortgage credit, and rising building costs, to name a few.

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How To Do Business Abroad

A rising number of small and midsize companies are going international. Businesses like Infragistics are “venturing abroad in search of talent and leading-edge technology at a lower cost than in advanced economies in North America.”

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Construction Loans Coming Back To Life

“Construction in New York slowed to a trickle in the recession, but there are finally signs that the construction loan market is coming back to life. While lending for multifamily rental buildings, with its steady income flow, has been popular for the last 12 to 18 months, a growing number of lenders are now looking

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Republicans Reject Obama’s Appeal For More Revenue

“President Obama on Tuesday called on Congress to quickly pass a new package of limited spending cuts and tax increases to head off substantial across-the-board reductions to domestic and military spending set to begin on March 1, but his appeal for more revenue was dismissed by Republicans.”

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Pfizer Seeks $2.2 Billion in IPO

This week animal-medicine maker Zoetic Inc., a division of Pfizer, plans to raise close to $2.2 billion in IPO. This would be the largest deal by a U.S. company since Facebook’s IPO.

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