Max Chafkin


Modest Job Growth at Small Businesses

August 5, 2005 --Hiring by small businesses improved in July but lagged behind the rest of the economy, according to two surveys released ...  Read story

Bill Proposed to Expand 7(a) Loan Program

August 4, 2005 --Senate Small Business Committee chair Olympia Snowe introduced legislation Monday to expand and streamline the Small Busi...  Read story

Economy Grew More Slowly in Second Quarter

Aug. 1, 2005 --Data released this week suggested that the economy continues to grow moderately, with small businesses shaking off uncertai...  Read story

House Passes CAFTA

July 28, 2005 --In highly contested voting that continued into the early morning Thursday, the House of Representatives narrowly approved ...  Read story

Lance Armstrong, Entrepreneur

Before yawning his way through a seventh straight Tour de France victory, Lance Armstrong announced that his mission was not only to win, but also to "win...  Read story

CAFTA Vote Expected By End of the Week

July 26, 2005 -- With a House vote on the Central American Free Trade Agreement only days away, supporters are mobilizing in an effort to...  Read story

CAFTA Vote Expected By End of the Week

July 26, 2005 -- With a House vote on the Central American Free Trade Agreement only days away, supporters are mobilizing in an effort to...  Read story

Fed Intent on More Rate Increases

July 21, 2005 --Federal Reserve Chairman Alan Greenspan appeared before a Senate subcommittee Thursday, repeating his intention to continu...  Read story

Bush Nominates Former Corporate Lawyer to Supreme Court

July 21, 2005 --President Bush nominated John Roberts to the U.S. Supreme Court Tuesday, potentially making Roberts the first justice with...  Read story

VC Fundraising Grows in the Second Quarter

July 20, 2005 --A survey released Monday by the National Venture Capital Association and Thomson Venture Economics found that venture cap...  Read story

Lawmakers to Ponder SBA Rule Change

July 19, 2005 --A controversial proposal to allow VC-owned biotechnology firms to compete for Small Business Administration grants is inch...  Read story

Small Businesses to Get Boost from Retail Sales

Strong car sales suggested smaller firms in other industries could see a sales boost in the near future.  Read story

Researchers Urge Environmental Responsibility

July 14, 2005 --A report released Tuesday by an international panel of experts offered stern warnings to businesses on the environment whi...  Read story

Ports to Stay Open Late

July 13, 2005 --The nation's busiest port complex will soon be open into the wee hours of the morning, as retailers and terminal operators...  Read story

Employment Picture Warms in June

July 8, 2005 --The unemployment rate fell to its lowest level since September 2001, as the economy added 146,000 jobs, according to a repo...  Read story

VCs to Increase Overseas Investment

July 8, 2005 --American venture capitalists plan to increase investment abroad, but small businesses in the U.S. will not lose out on fund...  Read story

Senate Approves Cafta

July 1, 2005 --In a narrow vote that fell largely along partisan lines, the Senate approved the Central American Free Trade Agreement (Caf...  Read story

Economic Data Dips, Surges

June 30, 2005 --Reports released Thursday by the Departments of Labor and Commerce provided mixed messages on the economy, while House Dem...  Read story

Finance Managers Hopeful, Survey Says

June 30, 2005 --Finance professionals -- including CFOs, treasurers, and controllers -- expect moderate economic growth, and ranked energy...  Read story

Generation "Why Should I?"

Before recent grads get bent out of shape about yesterday's AP article that Read story

Foreign Investment Hits Record High

June 27, 2005 --American investment in foreign economies skyrocketed in 2004, as U.S. companies looked to opportunities in developing coun...  Read story

Antitrust Suit Filed Against Visa, MasterCard

June 24, 2005 --Five small businesses filed a class action lawsuit Thursday charging that Visa and MasterCard have been illegally fixing t...  Read story

Jobs to Grads: Love What You Do

Apple and its founder and CEO Steve Jobs have been in the news a lot lately. But whether you've been salivating over the possibility of collecting $50 tha...  Read story

House Votes to Reinstate Subsidy for SBA Loans

June 15, 2005 --The House approved a proposal to restore federal funding to the Small Business Administration's 7(a) loan guarantee progra...  Read story

Deadline Extended for Veteran Business Benefit

June 15, 2005 --Veteran-owned tech businesses have until the end of the month to submit proposals for a new program designed to make it ea...  Read story

Small Businesses Turn Bullish In May

June 17, 2005 --Small business owners are finally feeling better after five straight months of declining optimism, the National Federation...  Read story

Program Aims to Train Rural Entrepreneurs

June 13, 2005 --Rural entrepreneurship boosters converged in Nebraska City last week for a teach-in designed to encourage growth in some o...  Read story

Qualcomm Founder Tells Grads How He Got Lucky

MIT grads may have left campus somewhat confused Friday after a commencement address by Qualcomm co-founder and CEO Irwin Jacobs. Not only did the 71-year...  Read story

Productivity, Labor Costs Up in First Quarter

June 2, 2005 --Small businesses hoping for signs of economic recovery received some sobering news today as two Department of Labor reports...  Read story

Small Biz Owners Eye Summer Vacations

June 1, 2005 --With the summer vacation season having officially begun this past weekend, many small business owners will be making travel...  Read story

How to become (or not become) a CEO

The past weekend's graduation speeches provided inspiration for ambitious young MBA grads and slackers -- er, dreamers -- alike. William Johnson, CEO of H...  Read story

Treasury Dept. Relaxes FSA Deadline

May 25, 2005 --The Treasury Department and the Internal Revenue Service announced that they will allow employees who take advantage of Fle...  Read story

Task Force Sees Technology as Engine for Growth

May 24, 2005 --A task force of businesses, non-profits, and municipalities announced plans for an initiative to increase technology use am...  Read story

The Death Star, as apt metaphor for your network

While viruses and spam are normally the most dreaded calamities to befall a company's network, starting yesterday an unlikely threat emerged: George Lucas...  Read story

Legislation Aims to Restore 'Buy American' Act

May 20, 2005 --New Homeland Security legislation, approved Wednesday by the House, promises to give U.S. industry an edge over foreign com...  Read story

Be Like Steve, Suns Owner Tells Grads

Some entrepreneurs look to Bill Gates, Steve Jobs, and Jeff Bezos when they want to be inspired. Robert Sarver suggests Phoenix Suns' point guard and 2005...  Read story

Banks Continue to Ease Lending Standards, Fed Says

May 11, 2005 --It's starting to look a lot like 1997--as least as far as lending standards are concerned. But that alone will likely not b...  Read story

Steak n Shake Boss Tells Grads to Find the Meaning of Life

May 11, 2005 --Peter Dunn, president and CEO of Steak n Shake, told graduates at Indiana University's Kelley School of Business that being...  Read story

Retail Sales Take Hit in April

May 9, 2005 --Unseasonably cold weather, gas prices, interest rates, and an early Easter all conspired against retailers in April. ...  Read story

Venture Capital Remains Scarce for Start-ups

Experts disagree on whether start-ups will fare better in the future.  Read story