Gm Chrysler Merger Talks Reported

An estimated a portion of all small businesses depend on private investments from friends and friends for startup or expansion. Shipping giant UPS premiered when 19-year-old entrepreneur Jim Casey borrowed $100 from an admirer to start the machines nearly 100 years ago in Seattle. Any time teenager Fred DeLuca opens a sandwich shop in 1965 with a $1,000 check from children friend, Subway (now 25,000 restaurants) developed. Friends and family are the single most important outside funding source for small business in America. But there are risks, and "F&F" money must be approached carefully.

U.S. stocks closed Wednesday trading session lower with losses in the financial sector partly offset by gains in gasoline. The Down Jones Industrial Average closed down at 10,835.28, the S&P 500 dropped 0.3% to 1,144.73, and the Nasdaq Composite ended down 0.1% to 2,376.56.



Westfield recently been looking get distressed assets since late last year but doesn't have struck any deal despite sharp falls in real estate prices globally.



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