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Sharp drop in small business loans - 2 hours ago - CNNMoney.com The credit freeze afflicting America's small businesses shows no signs of thawing. In the last three months of 2008, the Small Business Administration's flagship loan-guarantee program backed less than half the number of 0133 : CNN Money

PSU banks fear NPA rise as govt pushes for more loans - 2 hours ago - Finance Secretary Arun Ramanathan On Monday had a meeting with top officials from state-owned banks, including the State Bank of India, to review credit offtake during December 5-19. The government wants us to clear all proposals loans 0133 : Business Standard

Taiwan moves to save chipmakers - 2 hours ago - The Taiwanese government is moving closer to a 6bn bailout of the country's chipmakers who are suffering from the credit crunch and falling prices for DRAM despite production cuts. There are also rumours that the Taiwanese government could 0133 : Channel Register

Truckers stir to hit economy - 2 hours ago - Recently the country has faced adverse effect of inflation. Hike in prices of petroleum oil has badly hit the world economy. Global slowdown led to decrease in job opportunities. The increase in prices of petrol-diesel had jacked up 0133 : Central Chronicle

Jobless claims dive while mortgage rates ease again - 1 hour ago - WASHINGTON Reuters - U.S. weekly jobless claims plummeted last week but the improvement was probably a seasonal quirk rather than a turning point for the recession-ravaged labor market. Separate reports on Wednesday on business activity 0133 : AOL

Ex-GlobeTel CFO Now Faces Tax Charges - 1 hour ago - A finance executive already facing civil charges from government regulators is now in deeper trouble, charged with criminal tax evasion. If convicted, Thomas Y. Jimenez, former CFO of GlobeTel Communications Inc., could be sentenced to as 0133 : CFO.com

Realtor works mobile home park deal - 2 hours ago - A business relationship that was forged 22 years ago helped a local Realtor sell a suburban Syracuse mobile park. Nicholas Malagasi, managing director for the Buffalo office of Sperry Van Ness Commercial Realty, recently brokered the deal 0133 : MSN MoneyCentral

Gov't projects 6.5M in bailout costs through Jan. - 1 hour ago - WASHINGTON AP The government estimated Tuesday that it will spend 6.5 million by the end of January in salaries and other administrative costs for the 700 billion financial rescue program. The Treasury Department estimate was part of 0133 : Associated Press