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Meet America’s fastest-growing company

Jere Thompson Jr.—whose grandfather Joe Thompson started the iconic 7-Eleven chain in 1927—has established an impressive track record of his own in business, most recently by building a company that sells electricity and natural gas in the deregulated energy markets.America's fastest-growing company doesn't actually produce or deliver energy. Rather, it buys power at wholesale prices and resells it through an army of 70,000 independent agents.





United States - Energy - Business - Company - Technology

Mosque developer built business deal by deal

Sharif El-Gamal listens to New York City Mayor Michael Bloomberg speak during a dinner in observance of Iftar, the daily meal at which Muslims break their fast during the month of Ramadan.Eight years ago, Sharif El-Gamal was just another ambitious striver from Brooklyn, casting about for career leads and dreaming of a grander future in real estate.





Real estate - Business - Sharif El-Gamal - United States - Services

Hip-Hop's unofficial sommelier branches out

"I never particularly cared for Moet, personally," Branson Belchie says, despite his role in its popularity. "Moet has a tendency to give me a headache."Belchie Branson is the man who introduced Cristal, Dom Perignon and a number of other pricey brands to his friends Christopher "Notorious B.I.G." Wallace and Sean "Diddy" Combs.





Hip hop - Sean Combs - The Notorious B.I.G. - Cristal - Music

Obama to GOP: Stop blocking small business bill

President Barack Obama makes a statement about small businesses, Thursday, Aug. 19, 2010, on the South Lawn of the White House in Washington. (AP Photo/Charles Dharapak)President Barack Obama is urging Republican congressional leaders to stop blocking a bill aimed at helping small businesses hire more people.





Barack Obama - Republican - President - United States - History

Fed: Lending guides for small business easing
The Federal Reserve says banks have eased their lending standards for small businesses for the first time in nearly four years.


Federal Reserve System - Small business - Business - Central bank - Federal Reserve

Small business optimism sagged in July

Small business owners became more downbeat in July as expectations of weaker economic growth in the second half of the year reinforced a reluctance to hire, a report says.Small business owners became more downbeat in July as expectations of weaker economic growth in the second half of the year reinforced a reluctance to hire, according to a survey published on Tuesday.





Small business - Business - Economic growth - United States - Associations

Losing the dream, but saving the store

John Andikian converted his independently owned market into a 7-Eleven.John Andikian's small grocery store was struggling, and he was in danger of having to close. Then he learned of an opportunity to transform it into a brand-name convenience store.





Grocery store - Business - Retail - Brand - Retail Trade

Shops grapple with group coupon fallout

Phu Bui gives a pedicure to Jill Gentil at his nail salon that was the featured ad on Groupon.com on June 22 offering a manicure and pedicure for $28.00. Bui thought maybe 1,000 customers would bite on the deal but instead, he had 5,146 responses. Local shops are pulling in thousands of new customers with group coupons online, but the deals can sometimes work too well, turning marketing into a game of retail roulette.





Retailing - Business - Marketing - Marketing and Advertising - Website

Law creates paperwork fiasco for businesses
The House rejected an effort to repeal part of the new health care law that requires millions of businesses to file tax forms for every vendor that sells them more than $600 in goods.


United States - Health care - Law - Tax - Accounting

10 hot startups with future potential

VeriMeri makes positive T-shirts for kids — sentiments include "Peace, Dude," "I'm a lucky ducky" and "Imagine." "Hot" startups aren't the entrepreneurial equivalent of a winning lottery ticket. They are the companies that capture the hearts and minds of their potential customers — and market share.





Lottery - Gambling - Recreation and Sports - Canada - Lotteries