Sunday, July 31, 2011

Republicans

The Republican party is traditionally viewed as pro-business and is backed by a wide variety of industries from the financial sector to small businesses. Since Ronald Reagan became president in 1980, the GOP has branded itself as lower taxes, strong military, less regulation, pro-business, and social conservatism. Statistically, Republicans are about 50% more likely to be self-employed.
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Saturday, July 30, 2011

The Office

The television series "The Office" first aired in Great Britain in July 2001. Versions of the Office have been produced in France, Germany and Chile. The U.S. version of show first aired in 2005. The show chronicles the daily interactions of a group of idiosyncratic office employees at the Dunder Mifflin paper company in Scranton, Pennsylvania, as seen by a documentary film crew's cameras.
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Friday, July 29, 2011

Commercial gambling

State lotteries are the most popular form of gambling among Americans. Nevada was first to legalize casino gambling in 1931, New Hampshire was the first state lottery in 1963. Over the last quarter century, 40 states have added lotteries, 11 states have added commercial casinos, and 28 have added Indian casinos. Commercial gambling in the U.S. generates almost $30 billion annually.
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Thursday, July 28, 2011

Financial cities

London is the world's best financial and commercial city, according to the latest commercial and financial research by MasterCard. Following London on the list: New York, Tokyo, Singapore, and Chicago. Shanghai and Moscow showed the greatest improvement in rank while Los Angeles was displaced from the top ten.
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Wednesday, July 27, 2011

Index of Coincident Indicators

The Index of Coincident Indicators is published monthly by The Conference Board. The four economic indicators that make up this index reflect the current state of the business cycle: non-agricultural employment, personal income, manufacturing and trade sales, and industrial production. Other coincident indicators are stock market prices and interest rates.
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Tuesday, July 26, 2011

LLC

A limited liability company (LLC) is a hybrid business entity having characteristics of both a corporation and a partnership. The primary advantage of an LLC is that its owners, known as members, are not personally liable for the debts and liabilities of the LLC. LLCs may find it more difficult to raise business capital. Some states levy taxes or fees against LLCs.
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Monday, July 25, 2011

U.S. patents

U.S. patents are granted for a term of 20 years from the date of application. Design patents last for 14 years. After expiration of the term of the patent, the person holding the patent loses the right to exclude others from utilizing the invention, so that anyone can go ahead and make use of the invention without permission of the patent holder.
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