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Showing posts with label Business Closings. Show all posts
Showing posts with label Business Closings. Show all posts

Sunday, December 16, 2012

The Obama Economy: Layoffs And Business Closings - December 13-16, 2012

By Susan Duclos

Note: The Layoffs and Business closing pieces will be done once a week after 12/12/12, where all reports for the week will be listed in one post which will be published on Sundays.



 Below are the layoff and business closing reports found on December 13-16, 2012.


Layoff Reports: December 13-16, 2012


Bostwick Laboratories Inc. will lay off 58 percent of staff- 90 Workers

Kaiser Permanente Workers Picket Over Layoffs of 500 Employees in So. California

St. Petersburg's Universal Health Care lays off 100

US receiver sends out more than 2,200 layoffs notices in California as inmates ebb

$5 million stimulus recipient, Micron, lays off another 30. Follows 250 laid off earlier this year.

Tippecanoe Laboratories eliminating 45 employees, which is roughly 7 percent of labor force

Rheem to layoff 100 in Fort Smith Arkansas by January 2013

Allentown School District bracing for more layoffs

PBS announces another round of layoffs; 138 employees affected: EPA Regulations cited

Denair Unified School District pushes ahead with cuts and layoffs

250 Layoffs begin at American's Alliance maintenance facility in Fort Worth Texas

23 Layoffs Reported At Machinima

AM General announces another round of layoffs

Dynegy Northeast Generation files notice of layoffs of 68  IBEW Local 320 Union workers

Long Beach hotels plan layoffs before living wage takes effect- 75 workers

The Maine-Endwell School District to announce layoffs, number unknown 

McAuliffe-Shepard Discovery Center- More than 2 dozen layoffs

American Airlines on Friday laid off at least 43 Tulsa workers

Portland Trail Blazers president warns of more layoffs on the horizon

American Electric Power restructuring to cause layoffs

Chesapeake Energy offers 'voluntary separation' to 275 

 Lyons NY County to cut 30+ jobs

Beulah Mine lays off 54 workers

Huawei cuts 100 U.S. jobs

Align Technology announces layoffs 


Business Closing Reports: December 13-16, 2012


First Bank closing or selling 11 Florida branches

Philadelphia School District wants to close 37 schools

Rocky Top’s last Glenwood South restaurant closing

Pexco LLC Custom Plastics plant closing, 147 workers to be cut

Opinionology Market Research Call Center in Casa Grande Arizona - 150 Jobs Lost

Bruce Rossmeyer's Harley-Davidson dealership is closing its Fort Lauderdale store FL

Fairview Care Center in Anamosa Iowa

Stokely Athletics Center in Tenn.

Businesses closing up shop soon: Sugden, Turquoise Spirit

Two downtown Westmont businesses closing up shop

Famous Footwear to close shop at Lockwood Place

Caterpillar Global Mining Announces closure of Mount Sterling Factory

Capital Cargo International Airlines Inc Closing Orlando Int. Airport Operation - 79 Job lost

The My Pinata store on Washington Street in West Roxbury MA

Jamboree Foods in Sherburn MN

The Grayslake Piggly Wiggly IL

Plummers Thousands Oak Furniture Store CA

LagoonaMagoo Toys in Fairview Heights 6308 North Illinois

Talbots to close Belden Village store

The Salvation Army Family Thrift Store on Mayfield Road in Cleveland Ohio

Barnes and Noble Las Colinas store at 7615 N. MacArthur Blvd. and the Irving Mall store TX

The Wildwood Medical Clinic in Henrico NC

Carroll Furniture in Alexandria

Patterson's Pharmacy in Ocean Springs MS


Report links from multiple Google Alerts and Daily Job Cuts.

Related:

Layoff Mania pieces here.
Obama Economy pieces here.

Wednesday, December 12, 2012

The Obama Economy: Layoffs And Business Closings - December 12, 2012

By Susan Duclos

Note: The Layoffs and Business closing pieces will be done once a week after 12/12/12, where all reports for the week will be listed in one post which will be published on Sundays.



Additional layoffs and business closings will be listed as reports are found throughout the day. Below are reports found on December 12, 2012.

Layoff Reports: December 12, 2012


Mercy Medical Center, other California Dignity hospitals plan layoffs

Medco Health Solutions in Willingboro NJ lays off 102 workers from Express Scripts

Additional Workers Laid off at Kansas City Star

Samson Resources Co. laying off 100 workers, 70 in Tulsa

First Reports of Massive Layoffs at Coda Automotive

San Bernardino County Superior Court Announces layoffs, cuts and closures

Trion Worlds hit with layoffs, Rift team impacted- 44 lays offs

125 Northshore Mining employees have been notified that they will be laid off in January



Business Closing Reports: December 12, 2012




Tulsa Jewelry Store to Close After 25 Years in Business

Andrew’s Limited at 1000 Main St Steven's Point WI

Sanford Brown School in Cranston RI

San Bernardino courthouses in Barstow, Needles and Big Bear Lake

After 25 years, Dave's Suncoast Auto Repair closing

Angelica Textile Services Inc Closing, 225 workers to be let go

The Sporting News Ceases Print Publication

Shades Unlimited in Annapolis MD closing

Hi-Tone Café in Memphis

Mindfull Books and Ephemera and Elaine’s Antiques and Collectibles in Jaffrey

Boxcar Betty’s Eco Depot

The Center for Community Development Inc. in Portsmouth

St. Anthony’s Church in Batavia NY

The Behavioral Centers of America Clinic in Midland TX

Lapizzeria. in Mobile Alabama

Chuck E. Cheese's in South Portland Maine

The Staples in Westgate Plaza in Kinston



Bankruptcy Reports: December 12, 2012 




LifeCare Holdings Inc - California 

 Orchestra Nova - Texas


Related:

Layoff Mania pieces here.
Obama Economy pieces here.






Tuesday, December 11, 2012

The Obama Economy: Layoffs And Business Closings - December 9-11, 2012

By Susan Duclos



Additional layoffs and business closings will be listed as reports are found throughout the day. Below are reports found on December 9-11, 2012.

Layoff Reports: December -11, 2012:


WebMD "Massive Layoffs" Expected- ( 1/3 of Workforce) Total To Be Announced- Update 250

Credit Sussie Laying Off 120 More in NY On top Of Previously Announced 268 Workers 

ARINC announces additional job losses, approximately 120 affected

Microsoft Moving 39 NY Area Jobs To Washington State

Adirondack Health adds to string of hospital layoffs

Vann's Confirms 17 layoffs last week



Business Closing Reports: December 9-11, 2012



 4 Ohio Prisons Might Close - New

Career Education Corp. is closing all of its Chicago-area campuses, 23 to close into 2014

The Tucson Unified School District Considers closing 14 schools

St. Gregory the Great High School in Chicago’s Edgewater neighborhood closing

The Hollister store at SouthPointe Pavilions Closing Dec. 29 (130 Stores already closed, another 180 stores to close by 2015)

Ichthus Ministries Closing Doors After 42 Years

Sports Cuts in Aiken closed, Kicks of Aiken To Close

Spencer Bait and Tackle closed its doors Dec. 8

Henry's Tacos In N. Hollywood CA Closing after 51 Years of Business

Employees, officials shocked at closing of Rancocas Nature Center

Imber's Men's Wear Closing After 90 Years

Cedar's Lounge closing in downtown Youngstown Ohio

Fabric Inn to close shop after 37 years

Coits Closes Pennsylvania Avenue Oklahoma Store

Office Max and Big Lots In St. George Closing

Pinole Adult Day Care Program Closing Dec. 28

Update- Masonite Corporation Closing Kirkwood Plant - 64 jobs affected 


Bankruptcy report: December 9-11, 2012:


Ballenger Construction



Related:

Layoff Mania pieces here.
Obama Economy pieces here.

Saturday, December 08, 2012

The Obama Economy: Layoffs And Business Closings - December 8, 2012

By Susan Duclos



Additional layoffs and business closings will be listed as reports are found throughout the day. Below are reports found on December 8, 2012.

Layoff Reports: December 8, 2012:


United Space Alliance Lays off 131 More- Hundreds more to come- Total so far, over 2,000 

Detroit- 400-500 layoffs are expected in the next 90-days

Perry County Coal Corporation lays off 156

St. Joseph's Health Centre issued a number of layoff notices this week

CyberOptics cuts jobs as revenue falls

Anderson-Tully laying off 80 in Mississippi

St. Mary's Hospital Announces Layoffs and Paycuts

NY- Adirondack Health announces layoffs

Bostwick Labs to cut 90 of 154 workers at south Orlando facility

Layoffs coming at two San Bernardino hospitals

Hill Health Readies 29 More Layoffs

City Of Miami Oklahoma Plans To Lay Off 20 Percent Of Workforce

Alliance Bank announces potential layoffs

Vann’s Acquisition Confirms Layoffs

More layoffs at Southwest Windpower


Business Closing Reports: December 8, 2012:


Chicago- Nonprofit Bottomless Closet closes after two decades

Connie A. Lee Closing after 27 years - Owner "Forced into it"

Wok Inn to close in South Portland after 37 years

Several businesses within the village of New Boston have announced their intentions to close

Chesterfield Big Lots Going Out of Business

Marshalls will close its Lorain store

Foothills and Village Vista elementary schools in Northeast Phoenix - Possible Closure

St. Martha Catholic Church Closing Next Summer in Dearborn Michigan

Edmonds Brothers Supply Co Bluff City Highway Store

Garden Café in Hastings NE

I.C. System Inc. says it is closing a branch office in Mason City, Iowa

The Keys of Carolina NC Closing in Feb 2013

Framatone Connectors International - 170 workers

 Masonite International Corp. plans to close its Kirkwood, NY, plant- 64 workers

Preferred Distributors To Close Lake Delton Plant


Bankruptcy Reports: December 8, 2012


W.T. Harvey Lumber Company

Padow’s Hams and Deli

Norse Energy Corp

Modern Precast Concrete Inc.,



Layoff Mania pieces here.
Obama Economy pieces here.

Friday, December 07, 2012

The Obama Economy: Layoffs And Business Closings - December 7, 2012

By Susan Duclos



Additional layoffs and business closings will be listed as reports are found throughout the day. Below are reports found on December 7, 2012.

Layoff Reports: December 7, 2012:


 Denver-based Allonhill LLC is laying off 140 workers

 iVox Solutions LLC is laying off about 120 employees on Friday

Newsweek Layoffs Announced, Sources Calls It A "Bloodbath"

PA Cedar Haven Jobs To Be Outsourced, Workers Jobless By Jan. 31.

McGraw-Hill plans 63 layoffs at Polaris location

Another Round Of Layoffs At Clear Channel

GREE’s U.S. Offices See Layoffs Amid Difficult Quarter, Potentially 30 Or More

Orlando-area radio stations endure layoffs

Morgan Stanley And Goldman Sachs Planning Big Layoffs

 Boart Longyear announced the layoff of 127, bringing their total to 175 layoffs

Lewiston hospital announces job cuts


Business Closing Reports: December 7, 2012:


Stevens Hardware in downtown Annapolis closing after 53 years

Douglas Jewelers in College Station TX

Twin Cities collection agency closing 95-employee office Mason City, Iowa

Brookshire Brothers to close Henderson Texas  Grocery store

Forest Hill Station train shop to close

Dickson’s Tacos and More saying adios to food business

The Steak 'n Hoagie Shop Closing After 23 Years

Tesco expects to leave the U.S. market

Streetside Records to close next month 

58  NY employees of Delft Blue were given a 90 day layoff notice on Thursday.


 Layoff Mania pieces here.
Obama Economy pieces here.


Thursday, December 06, 2012

The Obama Economy: Layoffs And Business Closings - December 6, 2012

By Susan Duclos



Additional layoffs and business closings will be listed as reports are found throughout the day. Below are reports found on December 6, 2012.

Layoff Reports: December 6, 2012


 Update- Bank Of America, Glendale CA, 280 Workers

Waterford-based Aerodynamics Inc., another round of layoffs

Align Sees 4th-Quarter Results at Low End of View; Cuts Jobs (Thanks John)

State Medical Regulators In Springfield Illinois Losing Jobs

Pratt & Whitney is laying off 80 hourly workers and cutting an additional 20 jobs

End of Nation Studio Suffers Layoffs


Coldwell Banker Kent Price Realty is closing its doors

JCIM Plant On National Turnpike To Close

Scores Of Jobs Lost As Vorhees Printing Firm Closes 

 The Philips Lighting plant in Bath NY will close by the end of 2013- 280 Jobs

Vermont Marble Museum Closing

U.S. Postal Service to close downtown post office branch in Blue Springs

Chevy’s Fresh Mex in Tacoma will close its doors Dec. 23.

Read more here: http://blog.thenewstribune.com/business/2012/12/05/tacoma-chevys-closing-two-days-before-christmas/#storylink=cpy

Family Dollar in Fayetteville Closing After 5 Years

The Lost Rivers Medical Center in Arco


Layoff Mania pieces here.
Obama Economy pieces here.

Wednesday, December 05, 2012

The Obama Economy: Layoffs And Business Closings - December 5, 2012

By Susan Duclos



Additional layoffs and business closings will be listed as they are announced throughout the day. Below are reports found on December 5, 2012.

Layoff Reports: December 5, 2012


Citigroup Inc will eliminate 11,000 jobs worldwide

South Central Kansas Medical Center lays off workers, blames Obamacare

Danville City Schools announces up to 70 layoffs

Oscar and Emmy award Maker To Lay Off 95 By Dec. 17

Georgia Health Sciences University Announces layoffs

Updated- College of the Redwoods Board of Trustees Approve layoffs


Business Closing Reports: December 5, 2012


Bank of America closing downtown Rock Hill branch - (Note- BoA recently announced plans to close up to 750 locations over the next few years. Since 2011, Bank of America has closed about 260 locations)

CitiGroup- 84 branches closing, 44 in the US, 11,000 Jobs Cut

Media24 to close Sports Illustrated

Danville City Schools to Close 3 schools

Victim of the economy: Country Porch Creations to close

I.C. System leaving Mason City, idling 95 employees

2 Clawson MI Eateries Close Up, Dunkin' Donuts and Great Sport Coffee

PNC Bank to close its West Main Street branch in Springfield Ohio

Landmark Banshee restaurant still closed, windows papered over

Towne Auction Sales in Colchester CT Closing

Texon International plant in Russell will close on December 21

Carman's Country Kitchen Closing

Dante Company in The Courtyard is closing its doors Dec. 31


Layoff Mania pieces here.
Obama Economy pieces here.







Tuesday, December 04, 2012

The Obama Economy: Layoffs And Business Closings - December 4, 2012

By Susan Duclos



Additional layoffs and business closings will be listed as they are announced throughout the day. Below are reports found on December 4, 2012.

Layoff Reports: December 4, 2012



Eleven Illinois companies announced they would shed a total of 1,934 jobs  coming months

SAIC cuts 700 jobs, half in Washington area

Reebok - 65 at Canton HQ, 150 Worldwide-

Ritz-Carlton Club / Spa in Jupiter - Warns of Poss. Layoffs

NewsChannel 9 Syracuse NY - Reports of Poss. Layoffs

Comcast, DirecTV supplier Entropic to cut 40 employees 

Numbers unknown in Mingo layoffs

Mississippi County makes round of layoffs

Pink slips coming at UT Brownsville

Xavier University-Layoffs, hiring and pay freezes, cuts to employer contribution to health care premiums

Ohio's Plain Dealer Newspaper to significantly reduce staff in 2013

Florida Quadel Consulting to lay off 64 in Miami

Dignity Health plans to lay off 50 nurses and other employees at St. John's hospitals in Camarillo and Oxnard, effective Jan. 31.

Marlboro Central School District plans mid-year layoffs

Ogdensburg NY hospital announces layoffs, position changes to ease budgetary pressures


Business Closing Reports: December 4, 2012


UPDATE- More BofA job cuts in Mass. – about 200 this time 

La Strada on Mount Vernon Avenue in VA

Harlem jazz club Lenox Lounge NY-

Alcoa  will lay off all 43 employees at its Auburn plant, close plant by March 2013

The Village Bakery in Lawrenceville announces closure of business

AFL Web Printing Closing 1 of 2 Plants in NJ - 100 Jobs Lost

The Press-Enterprise Co. will close SoCal Commercial Printing

Two area restaurants close their doors in Terre Haute Indiana

Rice Epicurean Markets in Houston Texas, Closing 4 Stores

Sparta company to close facility near Wisconsin Dells, 44 people to lose jobs

'Tender is the Night' In NJ Closing After 25 Years

Downtown Abilene bake shop, Sweet Celebrations, closes its doors

Mouton's Catering closing after 34 years

Charlotte clothier calling it quits

Surry United Methodist Church is closing Dec. 9.


Bankruptcy Report: December 4, 2012


Interfaith Medical Center in Brooklyn Files For Bankruptcy Protection


Layoff Mania pieces here.
Obama Economy pieces here.
 







Monday, December 03, 2012

The Obama Economy: Layoffs And Business Closings - December 2-3, 2012

By Susan Duclos





Additional layoffs and business closings will be listed as they are announced throughout the day. Below are reports found on December 2-3, 2012

Layoff Reports: Dec. 1-2, 2012



Takata subsidiary laying off 50 in Greensboro, NC

New York Times Offers Buyouts To 30 Newsroom Employees, Says Layoffs May Come

 Pfizer Inc. is starting another round of layoffs

Camden NJ Signs Off On 270 Police Layoffs

21 Employees in Belmont County DJFS Office Face Layoff

Comcast is laying off 70 positions in Memphis, TN

468 Santa Barbara Bank and Trust Employees Being Laid Off

City of Detroit To Eliminate Positions From Every Department At Every Level


Business Closing Reports: Dec. 1-2, 2012



Kansas Legal Services closing Lawrence branch

Niko's Southside Grill Closing This Month

See U Saturday In NJ Closing After 33 Years

Providence Rhode Island's Tini closes after four years

Publix on Memorial Drive in Stone Mountain, GA To Close Jan. 9

Two Bend branches of Home Federal Bank will be closing, the Idaho-based company has announced

Irish Eyes In NJ closing
 
Tampa's Wooden Nickel novelty shop closing after 39 years

Woodbury, Minnesota Proex Closes

Newtown Square, PA says goodbye to Wallace Jewelers

Stillwater, Oklahoma Quiznos closes after nearly 10 years

Elkhart, Indiana auto parts plant closes, 125 employees jobless



Layoff Mania pieces here.
Obama Economy pieces here.






Saturday, December 01, 2012

The Obama Economy: Layoffs And Business Closings - December 1, 2012

By Susan Duclos



Additional layoffs and business closings will be listed as they are announced throughout the day. Below are reports found on November 30- December 1, 2012.

Layoff Reports: December 1, 2012:


O'Hare Airport - 300 Janitor Jobs Cuts Likely

More than 140 employees at U.S. Steel plant in McKeesport to lose jobs

Cumberland Pharmaceuticals lays off one-third of salesforce 

A stalemate between Stevedoring Services and its unionized workers looks set to lead to layoffs at Hamilton Docks

Resolution Copper cutting 400 jobs

EnerSys lays off more than 100 workers

AM General confirms layoffs- declining defense spending cited

Worldwide Flight Services to lay off 51 workers in Honolulu in January

Glendale Adventist lays off 21 workers

Employer highlighted by president laying off workers

Scentsy in Idaho  lays off 19

UPDATE- Layoffs set for city employees

UPDATE- CCC moves forward with 2013-14 layoffs


Business Closing Reports: December 1, 2012


Battery Recycling Plant Closes; 130 Workers Laid Off

Elyria, Ohio- Arby’s Restaurant closes abruptly

Rand Lumber Company closing after 107 years 

National Fitness Center in Clarksville TN Closes Abruptly

Biotech company closing Bothell site

Downtown Shop Aura Lee's Closing

Williamstown Specialty Clothing Store Closing, To join other empty storefront in local merchant area

Cupids Tooth- Another downtown business closes

Philadelphia molder ASK Plastics closing

Bradenton-based Baytool closes

Solar firm that got $26M in Miss. loans is closing

KW St. Clair Appliance closing shop

Georgia Pacific closing Chattanooga plant, 60 workers laid off

Seventh Avenue Stage Deli closes after 75 years




Obama Economy pieces here.






Friday, November 30, 2012

The Obama Economy: Layoffs And Business Closings - November 30, 2012

By Susan Duclos



Additional layoffs and business closings will be listed as they are announced throughout the day. Below are reports found on November 30, 2012.

Layoff Reports : November 30, 2012


180 San Diego Hospice employees received layoff notices Wednesday and Thursday

Northrop Grumman to cut 200 jobs at two sites 

Citigroup’s trading and investment-banking unit plans to eliminate 150 more jobs

KDH Defense Systems in Eden will lay off up to 280 employees in January

Peekskill signs off on $35.6M budget with layoffs

Hanesbrandsto lay off 60 workers


Business Closing Reports: November 30, 2012


Store Closes With Banner: "Obama was re-elected so we’re closing our doors sale."

Downtown Gallery Closing After a Decade in Business

Dixons is to scale back Pixmania business making job cuts and closing stores

Frisco’s Exide Plant Set To Officially Close

Louis' Hot Dogs Closing Doors

Elkhart company to shut down Friday

Closing of Irmo soccer store pains fans

Downtown Deli to shut down for good during holiday break

Norwalk YMCA Closing Doors On Dec. 31

Downtown Civil War Store Closes

Popular Downtown Augusta Eatery Closing Its Doors

The Cottage In Laguna Closing December 26


Bankruptcy Reports: November 30, 2012


Streamline Aviation

Old River Cabinets Inc

Signet Solar


Obama Economy pieces here.








Store Sign: 'Obama Was Re-elected So We're Closing Our Doors Sale'

By Susan Duclos

Crown Couture in Cedar City announced it would be going out of business Thursday with this banner.
Crown Couture, a clothing boutique at 535 South Main St. in Cedar City, has the banner above prominently located at the front of the business. The owner of Crown Couture says while Obama's policies are not the only reason she is closing down her business, but that big businesses might be able to handle a rise in their taxes by the Obama administration, she cannot and that her accountant recommended the closing of her store.

“I’m not a millionaire or a billionaire, but when the tax cuts expire, I’ll have to pay more. It’s the reason I’m closing on January 1 instead of later in the year,” Blake said. “I want to stay open for the (employees), but I can’t. Big businesses can work it out, but I can’t.”

Blake is not the only business on that same street that feels as Ms. Blake does:

 Dave Bartlett, an entrepreneur and small business owner, runs Hollywood Video and Game Crazy at 430 South Main Street. He said he will do whatever it takes to stay open, but adds that it’s a tough time to own a small business.


“Trying to build a business, grow a business or even just make it right now is expensive,” Bartlett said, adding that he is worried about growing a business and hiring employees with a healthcare mandate, an expense he says he can’t afford.

 Thursday we reported on two the Wisconsin Manufacturers and Commerce surveys, one conducted before Obama was re-elected and one in late November, where Wisconsin business owners showed a 38 percent decrease in those that planned to hire more people and expand, 62 percent down to 24 percent, and an 18 percent rise in WI. businesses planning to decrease their workforce, from 2 percent to 20 percent.

The reasons cited by WI. business owners were the economy and Obama's tax, health care and regulatory policies.

(2013 Economic Outlook survey embedded at the link above and can also be found here)

Wisconsin business owners and small business owners like  Ms. Blake and Mr. Bartlett, quoted above, are just the tip of the iceberg as Gallup finds in it's latest release that there has been a decline in optimism among small business owners across the country.

• U.S. small-business owners are pessimistic post-election, with the Wells Fargo/Gallup Small Business Index plunging to -11 in November from 17 in July. This is the most pessimistic that owners have been about their operating environment since July 2010, when the index stood at -28.

•  The Future Expectations Dimension of the index, in which owners rate their expectations for their business over the next 12 months, fell 19 points to -1 in November. Small-business owners' future expectations are at their lowest level since July 2010, when this dimension stood at -2.

• Owners' expectations for their financial situation, cash flow, capital spending, and hiring over the next 12 months all worsened significantly in November.
  • One in five small-business owners (21%) expect the number of jobs at their company to decrease over the next 12 months, the highest percentage Gallup has measured to date.
  • One in three owners (34%) expect their company's capital spending to decrease over the next 12 months -- the highest recorded since July 2010.
  • Thirty percent of owners expect "poor" cash flow over the next 12 months -- the highest Gallup has measured to date.
  • Twenty-eight percent of owners expect to be in a "poor" financial position 12 months from now -- the highest Gallup has measured to date.

The implications according to Gallup:

One of the more stunning aspects of the November survey results is the decline in small-business owners' optimism for the future. As entrepreneurs, small-business owners tend to be optimistic by nature, and relatively more optimistic about the future than the present. Given this context, owners' increasing pessimism toward their future not only reflects uncertainty, but also may imply a weakening economy going forward.

Owners' intent to reduce capital spending in the months ahead is consistent with a slowing economy. Small-business owners appear to be uncertain about their future operating environment, and uncertainty is a legitimate reason for them to hold back on new capital expenditures at this time.

Another troubling finding is the intention of 21% of small-business owners to reduce the number of jobs at their company over the next 12 months. This suggests the potential for a significantly higher unemployment rate in 2013 and all of the accompanying negatives that fewer jobs imply for the economy -- particularly given the importance of small-business hiring to the U.S. job market.


When we hear Barack Obama constantly argue for higher taxes on the "wealthy", the people above, U.S. small business owners who file individually, are the ones Obama isn't mentioning, the ones that will be caught in Obama's "tax the rich" trap.


Thursday, November 29, 2012

The Obama Economy: Layoffs And Business Closings - November 29, 2012

By Susan Duclos



Additional layoffs and business closings will be listed as they are announced throughout the day. Below are reports found on November 29, 2012.


Layoffs: November 29, 2012


LivingSocial expected to lay off 400 Across U.S.

Alaska - Anchorage School District eliminates 100 positions

Michigan - Awrey's bakery Issues 150 Layoff Notices

California- Fourth Wall Studios Lays Off Between 25-30 Workers

Rhode Island- Landmark Medical Center Lays Off Another 22 Workers

NY - Buffalo Schools Supt. Warns of Possible Layoffs




Business Closing: November 29, 2012


Wisconsin- Allstate Insurance Co. Call Center To Close In Dec., 214 Workers Affected

Crayola closing distribution center in central Pa.

CT - I Have A Friend Youth Center will close Dec. 31 after a 21-year run 

CA -  Silverado Brewing Company in north St. Helena Closes

CA - Cottage Restaurant to Close After 48 Years in Business

NY - Prime 490 restaurant on West Side closes

MA - 'Poor Sales' Forced Closing Of Aubuchon Hardware in Northbridge 

ND - First and Deli closing its doors Dec. 20 

NM - Santa Fe Greenhouses closes doors after 29 years 

IN - Southgate Marshalls Closing Mid-January 2013

IN - Auto Park Closing Three Locations

NJ - Another Plainfield Store To Close , Barnes And Noble

FL- Mustard Seed Thrift Shop is closing as Sarasota Council of Concern Disbands

NC - Lowes Foods Closing Asheville Store, 55 Workers Affected

SD - CTU Closing Its Sioux Falls Campus

U.S. - Archdiocese named 26 schools that are in danger of being shut down


Bankruptcy: November 29, 2012

Michigan- Bermo Enterprises Files Bankruptcy


Obama Economy pieces here.



Wednesday, November 28, 2012

The Obama Economy: Layoffs And Business Closings - November 28, 2012

By Susan Duclos



Additional layoffs and business closings will be listed as they are announced throughout the day. Below are reports found on November 28, 2012.

Layoffs: November 28, 2012


AMSC Cuts 25% of Jobs in Restructuring as Wind Industry Slows 

 LA - Bogalusa Medical Center layoff notifications go out

Hewlett-Packard to cut 27,000 employees by 2014 

WI -Meriter lays off 50 employees, cites drop in Medicare reimbursements

PA - Lehigh-Northampton Airport Authority approves budget cuts, layoffs

MD - Mercier's Inc. warns of layoffs FOR 75 Employees

TN - Jellico internal memo becomes public, layoffs suggested

IA -Electrolux Laying off remaining 80 workers- Previously cut 700 


Business Closings: November 28, 2012


KY - After 42 years, Drawbridge Inn closing 

CO -Steaksmith shuts down after 31 years, also filing for bankruptcy

IL - Beard Papa's Closes Chicago Store, 4th Block37 store to close since June

MA -Bank of America to close East Freetown location by March 

MO - Cape Girardeau's Salvation Army thrift store closing

Tennessee Valley Church Furniture to close

MO - Hotel Ste. Genevieve Closing At End Of Year

IN- Vertafore Inc. cutting 23 jobs, closing local office


Bankruptcy: November 28, 2012


HI - Biomass producer Big Island Carbon files Chapter 7 bankruptcy


Obama Economy pieces here

Monday, November 26, 2012

Video- Highland Hill Farm To Slowly 'Stop Producing', Cites Obamacare And Regulations

By San Duclos

Via a Google+ notice from Mark Smith to a video and link, the owners of Highland Hill Farm, which has farms throughout the country according to their video, will be slowly closing those farms, citing Obamacare and the onerous regulations.


The link to the video says "Buy Buy... Were Going out of Business Thanks to Obama"

The video itself is headlined with "We have had It With Regulations... We will slowly Close down our farming Operations."

[WATCH]



Key Quote: "There you have it, in a nutshell, regulations driving us out of business. Obamacare's making our costs go out of the roof.  So, we're fed up and we are going to take action and our action is we're just going to 'Stop Producing', because we don't need to." 


The Obama Economy: Layoffs And Business Closings - November 26, 2012

By Susan Duclos



Additional layoffs and business closings will be listed as they are announced throughout the day. Below are reports found on November 26, 2012. (Updates which are added after original publishing at the top of categories with - New next to them)

New format, just the headlines and links. The quoted portions of the articles showing the numbers and reasons for the layoffs, closings and bankruptcies are making these pieces too long and unwieldy.

Layoffs: November 26, 2012


The University of the District of Columbia Asks for $4 Million to Finance Layoffs

Hawker Beechcraft Corporation will lay off 170 employees in Wichita 

Detroit Employees Will Go On Unpaid Furlough (Layoffs) In January To Avoid Cash Crisis

Sonya Paz closing gallery store in downtown Campbell (Cites rising cost of permits and other government fees)

Financially struggling Merton Institute closing Dec. 31

Layoffs begin at Jungle Jim's location in Union Township, Ohio (40)


Business Closings-  November 26, 2012


Ann Arbor's decades-old Bill Muncy's auto repair shop to close this week

State nursing home in Milledgeville GA to close in 2013 (350 Jobs)

Hawker Beechcraft to close Arkansas, Arizona and Texas Facilities (Approx. 240 workers affected)

Navistar Closing Plant in Garland Texas, 900 Workers affected in 2013

Diamond Foods closing Fishers plant with 100 employees Early 2013

Predominantly LGBT, Liberation United Church of Christ Closing Its Doors

The Mohawk Place in Buffalo NY Closing After January 12, 2013

Gilbert Jewelers to close at year's end after 66 years in downtown St. Petersburg, Florida

Party World closing in in Bismarck ND



Bankruptcy: November 26, 2012


Halpin's Grub and Grog files for bankruptcy
 


Obama's Economy pieces at this link.