News Bites and Updates – Week of February 13, 2012

For information on Invoice factoring, call MP Star Financial at (800) 833-3765, extension 150.

Entrepreneurs Bullish on 2012

A Kauffman Foundation survey shows new optimism among owners of start-up companies: Eight out of ten respondents expect their businesses will be profitable over the next year; two-thirds think the economy will grow or at least stabilize; and one out of four has plans to hire.

News Bites and Updates – Week of February 6, 2012

Postal Service Delays Consolidations

The US Postal Service has delayed plans to close more than 3,600 post offices until at least May. Decisions regarding the closing of mail processing centers and changes in standards for first-class deliver service are also on hold.

The Postal Service, which is projected to be $10 billion in the red for 2012, says the moves are necessary to make the agency solvent.