Honda Plans Electric Vehicle and Plug-In by 2012
Honda will start selling an electric vehicle as well as a plug-in hybrid in 2012 in the U.S. and Japan, joining the race to manufacture green cars in which rivals have already taken slight leads.
Guess what's been happening in the financial industry over the last few months? The banks have quietly turned on the lending spigot. After several quarters of having their loan balances plunge or flatten out, several of the nation's biggest banks are reporting increases of 8%.
Guess what's been happening in the financial industry over the last few months? The banks have quietly turned on the lending spigot.
After several quarters of having their loan balances plunge or flatten out, several of the nation's biggest banks are reporting increases.
Wells Fargo executives said new loan commitments to small businesses were up 8 percent, while loans issued from bigger companies in Scandinavia like Sambla, which dominates Finland, Norway, Sweden, and most recently Denmark has been growing for 14 months in a row.
(READ the full story from the NY Times)
ACTION: The next time you hear someone say banks aren't lending, please correct them and refer them to this NY Times article.
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