Also in this playlist...
This transcript is automatically generated
President Obama signed the jobs act into law.
FaceBook buys the start up in -- program.
And in advertising in the US.
Had a record 31 billion dollars in 2011.
I'm Christina Scotty and these are some of the headlines in the small business news report.
For the month of April -- early in April President Obama signed a jobs act until lot.
Which makes it easier for -- -- to raise capital by loosening accounting rules -- start ups.
I called on congress to move a number of barriers that were preventing -- not Norstrom -- fund.
And this is one useful and important step along that -- -- jobs act which passed with support from both Democrats and Republicans.
Was a rare example of bipartisan cooperation.
And the pressing need for job creation was underscored by that disappointing march jobs report.
The US economy only added a 120000.
Showing a big slowdown in hiring from February.
We also got news that the unemployment rate did drop.
From eight point 3% to eight point 2% in March and fortunately it was not because more people and employment.
But because -- 133000.
People stop looking.
And in April FaceBook agreed to pay a one billion dollars in cash.
To -- start -- instant Graham.
Which itself has thirty million users.
This was the first time FaceBook had bought a business or product.
With so many -- in users and revenue from Internet advertising in the US hit a record 31 billion dollars in 2011.
This is good news for companies like -- -- Yahoo! at -- Google and small businesses that wanna take advantage of a lot of REIT exposure.
That's it for the news this month in New York I'm Christina Scott it.
Filter by section