Take a look at the quarterly reports of big U.S. companies and you may see overseas growth cushioning a domestic financial blow. Jeremy Hobson explores this and other disadvantages small businesses have in the face of recovery.
Ronald McNeil: And those companies with the international stretch are helped more and quicker as economies recover in the global marketplace.
That's Ronald McNeil, dean of the business school at the University of Illinois-Springfield. He says small businesses can benefit too, if they play their cards right. Perhaps by supplying goods and services to larger companies that already export their business overseas.
McNeil's comments were featured on American Public Media's Marketplace on March 30, 2010.
Download a PDF of the article:
20100330-Marketplace-business-size.pdf
Listen to the story online
Wednesday, March 31, 2010
A self-sustaining economic expansion
Consumer confidence is up, and the upcoming jobs report is expected to be the most positive in many months.
Why can't these economists just admit that things are looking good? I asked Ronald McNeil, the dean of the business school at the University of Illinois, Springfield.
Ronald McNeil: When you're in the money, you can make mistakes and get away with it. The degrees of freedom are greater. But when you're not quite in the money -- caution, care, all of that goes into the mix.
McNeil's comments were featured in a March 30, 2010, report on American Public Media's Marketplace.
Download a PDF of the article:
20100330-Marketplace-self-sustaining-economic.pdf
Listen to the report online
Why can't these economists just admit that things are looking good? I asked Ronald McNeil, the dean of the business school at the University of Illinois, Springfield.
Ronald McNeil: When you're in the money, you can make mistakes and get away with it. The degrees of freedom are greater. But when you're not quite in the money -- caution, care, all of that goes into the mix.
McNeil's comments were featured in a March 30, 2010, report on American Public Media's Marketplace.
Download a PDF of the article:
20100330-Marketplace-self-sustaining-economic.pdf
Listen to the report online
Nigerian-American UIS Student Denied Boarding by AA
A UIS student was set to represent his college and his country in the National Model U.N. in New York, but instead he was forced to return home alone after being denied boarding at the airport.
Alfred Komolafe, a political science major was questioned by police and the FBI after trying to board an American Airlines flight this weekend.
The university had purchased tickets for Komolafe and 15 other students months ago, with no indication of any problems until the group arrived at Lambert International in St. Louis.
Komolafe was interviewed by WICS-TV 20 for a report on March 30, 2010.
Watch the story on News Channel 20's website
Alfred Komolafe, a political science major was questioned by police and the FBI after trying to board an American Airlines flight this weekend.
The university had purchased tickets for Komolafe and 15 other students months ago, with no indication of any problems until the group arrived at Lambert International in St. Louis.
Komolafe was interviewed by WICS-TV 20 for a report on March 30, 2010.
Watch the story on News Channel 20's website
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