The short answer: Not much right away, although failing to pay creditors is never a good thing for a nation's creditworthiness
Coca-Cola’s North America president, Sandy Douglas, oversees a relaunch of America’s No. 1 soft drink
Four years after the Citizens United decision, out-of-state cash is flowing down to state races
Phony phone-bill items from third-party scammers date back almost 20 years
Yves Béhar's Public Office Landscape turns the workstation into a social hub
A Bluetooth-enabled sneaker from an India-based startup doubles as a fitness tracker and personal tour guide
After Virginia Tech and Miami of Ohio shut down their regional full-time MBA programs, who’s next?
Critics say the agency charged with keeping regulations from burdening small companies actually serves big corporate interests
Who's hiring: Transportation & utilities, Finance, Professional & business services
Percent companies planning to hire in Q3: 21 percent
Population: 5,867,489 (+2.5 percent YOY)
Unemployment rate: 8.3 percent
Mean annual income: $44,880
The Houston area has performed better than many job markets during the recession and the population continues to grow. According to the Conference Board, there were 77,400 online ads for jobs in the area in June, up 38.3 percent from a year earlier. The Greater Houston Partnership, a business organization, expects the wholesale trade sector (driven by demand in Asian economies) to add 5,200 jobs, administrative and support services to create 5,400 jobs, and the public sector to grow by 4,100 jobs. Meanwhile, the group projects the construction and upstream energy industries to remain weak.