After more than a decade working for a number of start-ups, Charlie Kiser decided to finally pursue a venture of his own a couple years ago. He had an idea for a company that would fill a gap in automobile maintenance, and before long, he started pitching his idea to venture capitalists and angel investors.
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The Great Recession carried special pain for black women like Jane Ladson.
She had always been the one her family turned to when they needed help, and she didn’t hesitate to give it. She helped pay for weddings and rent. She made room for her nephew when her brother died of AIDS. And even now in her 50s, she took in a baby that wasn’t her own.
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Angela Meredith, who is legally blind, says she owes her job to a U.S. government program that reserves contracts for disabled workers.
“I wouldn’t be able to find work anywhere else,” said Meredith, 58, who earns $7.75 an hour making army uniforms at a factory near Baltimore, under a much-praised initiative started in 1938 by President Franklin D. Roosevelt.
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Recent earnings reports show that many government contractors have been able to maintain their profits through cost-cutting despite declining or flattening sales, but analysts are questioning how long companies can keep that up.
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SAO PAULO, Brazil — It just made sense to be in South America’s economic heart, Jonathan Rosenthal reasoned, no matter that he had been working on Wall Street with some of the investment world’s most heady firms.
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Dean David Thomas, who took the helm of Georgetown University’s school of business in August, has been making the rounds lately pitching prospective donors on a plan to raise $50,000 for what he describes as a university “seed fund.”
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