Get started ‘On’ Feb. 13: Obama to propose higher taxes on wealthy, consumer confidence slides

February 13, 2012

Our daily blend of the latest news, trends and tips for the small business community.

What’s going ‘on’:


President Obama’s budget proposal reportedly will call for higher taxes on wealthy Americans to help shrink the nation’s deficit. (LARRY DOWNING/REUTERS)

Consumer confidence slides: Confidence among U.S. consumers declined more than forecast in February as growing optimism about job prospects failed to ease concern wages will stagnate. The Thomson Reuters/University of Michigan preliminary index of consumer sentiment dropped to 72.5 from 75 in January, a one-year high.

Greece OK’s austerity package: The Greek Parliament voted Sunday to approve a package of austerity reforms, marking a key step toward securing a second bailout for the debt-riddled nation. The country needs the money to avoid default on a €14.5 billion bond redemption in March.

Keep an eye ‘on’:

Google adding experience center, secret test labs: The company is working on $120 million in construction projects at its Googleplex headquarters, including work on a series of hardware testing labs that hint at the company’s interest in crafting consumer devices like its rivals Apple and Microsoft.

Start-ups helping users sell their personal data: Internet users have long been giving away information on which companies make money, but there is some momentum for the idea that personal data could function as a kind of online currency for users. A number of start-ups allow people to take control and perhaps profit from the information they share online.

Helpful advice ‘on’:

How wacky perks can help retain employees (Open Forum)

How to choose the right tablet for your business (PC World)

How to build a community before building a business (Portfolio)

How to leverage a brand using Pinterest (TechCrunch)

How to retool your business after the downturn (Entrepreneur)

J.D. Harrison covers startups, small business and entrepreneurship, with a focus on public policy, and he runs the On Small Business blog.
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