Tagged: business

The euro touched a two-year low against the dollar Tuesday, as concerns about the eurozone debt crisis continued.

Despite a recession across much of the eurozone and even predictions of the currency's demise, however, the euro has held up relatively well during this crisis.

Over the last 13 year, it has taken on average $1.21 to buy a euro. Now, even in this midst of this crisis, it's worth virtually the same ($1.22).

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MARIA HINOJOSA, HOST:

I'm Maria Hinojosa, and this is TELL ME MORE, from NPR News. Michel Martin is away. They say it takes a village to raise a child, but maybe you just need a few moms in your corner when you decide you want to build that small business you've been thinking about. Every week, we check in with a diverse group of parents for their common sense and savvy advice. And today, we want to talk about a growing trend among moms: entrepreneurship.

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MARIA HINOJOSA, HOST:

I'm Maria Hinojosa, and this is TELL ME MORE, from NPR News. Michel Martin is away. Coming up, murders in Chicago are on the rise. We'll ask why and what's being done about it. That's in a few minutes.

But, first, to matters of personal finance. Remember pulling yourself up by your own bootstraps? Well, economic mobility is getting tougher in this country, especially for the poorest people in our society. That's according to a new Pew Research report released on Monday.

Covington-based Smoothie King Franchises Inc. is being sold to a South Korean company.

Smoothie King currently has more than 600 units operating in 32 states, the Caymans and the Republic of Korea.

The purchase price was not disclosed in a news release on Monday.

Buyer SK USA Inc. is headed by Chief Executive Officer Wan Kim, a Boston University graduate who opened his first Smoothie King in 2003. Since then Wan's Smoothies Korea has opened more than 100 locations.

SINGAPORE (AP) — Oil rose slightly to near $85 a barrel today, clawing back some of a large drop from the previous session amid hope that weak U.S. economic growth may trigger new stimulus measures.

The Labor Department on Friday said the U.S. economy added 80,000 jobs last month, which was fewer than expected and prompted speculation that the U.S. Federal Reserve may implement more monetary stimulus measures known as quantitative easing.

Last week, the European Central Bank and the People's Bank of China both cut lending rates in the bid to boost flagging economic growth.