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Wednesday
May 16th

Money

Sam Adams brewer Jim Koch and Kilkenny House owner Barry O’Donovan exemplify the American Dream

Sam Adams brewer Jim Koch and Kilkenny House owner Barry O’Donovan exemplify the American Dream
BY ROHIT ARORA
COMMENTARY

Jim Koch, brewer of Samuel Adams, like any successful business owner, knows the struggles of being a startup. Among the highest hurdles is obtaining funding, especially in a tight credit market.

Koch recently announced Samuel Adams Brewing the American Dream, a program that partners with entrepreneurs in the food and beverage industry and provides the tools they need to grow. In creating this program, The Boston Beer Company joined forces with ACCION, the country's leading not-for-profit micro-lending organization and a member of the Biz2Credit lending network.

Boston Beer has invested $250,000 to establish a micro-loan fund with ACCION, which provides capital and other assistance to low and moderate income entrepreneurs whose enterprises might not otherwise be approved for funding by a bank.

Samuel Adams Brewing the American Dream also is developing a series of financial literacy seminars to provide business education and is offering advice from its experts to food and beverage entrepreneurs.

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3 'great' dividend-paying mutual funds

3 'great' dividend-paying mutual funds
BY WARREN BOROSON
NEWJERSEYNEWSROOM
BOROSON ON MONEY

I bow to no one in my admiration for Morningstar, the publishing house in Chicago, and in my admiration for its leaders, Joe Mansueto and Don Phillips...

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Why every middle-class family needs a lawyer

Why every middle-class family needs a lawyer
BY WARREN BOROSON
NEWJERSEYNEWSROOM.COM
BOROSON ON MONEY

Irwin Edman, a philosophy professor at Columbia, once told his class that there are two types of people in the world: those who divide the world i...

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Apple plays the tax code game, avoids billions in payment

Apple plays the tax code game, avoids billions in payment
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Most major corporations always look for tax shelters to minimize their tax bills. Tech giant Apple has an office in Reno, Nevada that manages the company’s immense prof...

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Report: N.J. taxpayers contributed $30M over 5 years for government-paid leave

Report: N.J. taxpayers contributed $30M over 5 years for government-paid leave
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

When government employees receive paid time off for union business instead of their job, a state report says New Jersey taxpayers are paying their way.

The State Commiss...

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Mega Millions winning numbers worth $118 million

Mega Millions winning numbers worth $118 million
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Stop me if you’ve heard this one before, but the Mega Millions jackpot is on the rise again. There have been nine consecutive drawings since the huge jackpot on March 3...

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Small business loan approvals at banks and credit unions drop: A bad sign for economy

Small business loan approvals at banks and credit unions drop: A bad sign for economy
BY ROHIT ARORA
COMMENTARY

Here's some bad news for the economy.  My company's  Biz2Credit Small Business Lending Index , an analysis of 1,000 loan applications, found that loan approvals by ...

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CEO survey: New Jersey named one of the worst states to do business

CEO survey: New Jersey named one of the worst states to do business

New Jersey was named as one of the worst states in the nation to do business, ranking #45 out of 50 in this year's Best & Worst States Survey by Chief Executive Magazine. Last year, New Jersey ran...

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From European Union to New Jersey's fiscal state: It’s still the economy, stupid!

From European Union to New Jersey's fiscal state: It’s still the economy, stupid!
BY LORENZO CLADI AND RICHARD LEE
COMMENTARY

As Governor Christie and Democratic lawmakers argue over the true cost of the ARC Tunnel project, the wisdom of merging Rutgers-Camden and Rowan University, a...

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