March 20, 1994 |
Forty thousand workers at small California businesses will get an extraordinary piece of good news on Tuesday: At a time when health insurance costs are climbing by 6% to 8% a year, their premiums will actually be reduced for the year starting July 1.
January 2, 1994 |
SMALL BUSINESS: The longed-for California recovery will buoy the small-business sector first. Small companies, on the economic front-lines and more sensitive to small shifts in customer confidence and spending, will continue to keep the job market alive.
August 30, 1993 |
In California, as in the rest of the country, small business is being asked to do an enormous job: spur economic growth. Small companies are indeed vital to job creation and economic expansion. And California--reeling from massive restructurings and downsizing in some of its biggest industries and corporations--certainly could use the help. But don't expect too much from small business, economists warn.
August 17, 1993 |
California small businesses remain particularly gloomy about economic conditions, with only 6% considering this a good time to expand their businesses and nearly one-third expecting overall business conditions to worsen over the next three to six months, according to survey results released Monday.
May 19, 1993 |
Gov. Pete Wilson, proclaiming "a new way, a better way, a less-expensive way for small businesses to buy health insurance," on Tuesday unveiled California's state-run cooperative for purchasing medical coverage. The cooperative, regarded as a potential model for federal health reforms, is part of sweeping changes to take effect July 1 in the state health insurance laws governing small businesses.
May 18, 1993 |
Gov. Pete Wilson today will launch a promotional campaign for the nation's first statewide health insurance purchasing pool, a state-run venture designed to use market forces to deliver coverage to small businesses at reasonable rates. California's effort, which has raised skepticism over whether it can work, will be closely watched.
April 21, 1993 |
Bank of America said Tuesday that it will increase loans to small California businesses up to 25%--to $1.8 billion--in a program aimed at boosting the state's lackluster economy. The bank also plans to help small businesses by discounting financial services through May 31, speeding up loan processing and sponsoring small-business seminars.
January 8, 1993 |
Gov. Pete Wilson's proposals to cut taxes should help spur new investment and stimulate small businesses, but they won't end the state's persistent recession or reverse long-term trends siphoning jobs away from California, business leaders and economists say.
December 1, 1992 |
Don't tell Robert Sommers that the credit crunch is over. He's been scorned by more than 40 banks and thrifts in his desperate search for a lender to finance a $2-million project to build homes on half-acre lots in San Diego. Time was when bankers would ask the veteran builder to put up just $200,000, a mere 10% of the cost. Today, the loan officers shrug their shoulders, blaming tough federal rules when they insist that he contribute $800,000 as his share of the project.