Today's number: 37,579 - German business bankruptcies last year, up 16 percent from 32,278 in 2001 and the most since German reunification in 1990, merged West Germany with the economically desolate east. - The Associated Press
Today's career talk: Watch out when machismo rules your financial life, suggests Louis Barajas, author of The Latino Journey to Financial Greatness: The 10 Steps to Creating Wealth, Security and a Prosperous Future. "It creates what I call financial blind spots," Barajas says. "The attitude of my way or the highway definitely causes problems. The journey to financial greatness requires both husband and wife to be involved and educated about their money." - John Eckberg
Today's money tip:Exchange-traded funds share traits with both individual stocks and mutual funds. Like stocks, ETFs can be bought and sold throughout the day, at varying prices. Like mutual funds, they pool money to invest in other securities, typically stocks that comprise an index like the Standard & Poor's 500 or Nasdaq 100. Some ETFs track more specialized investment areas not covered by any mutual funds.
- Amy Higgins
Today's company: HAMILTON WINDOW AND DOOR
NEW OPENINGS: In 1955, Charles Huff began his manufacture of replacement windows and storm doors. The company, now owned by his son Cliff, leaves the manufacturing to others these days, concentrating on sales and installation of windows and doors. It also makes and installs screens for screened porches.
HOME IN HAMILTON: From its Hamilton location the company serves customers in Butler County. Its focus is existing homes rather than new construction.
LEADING BRANDS: Hamilton Window and Door sells storm doors crafted by Sugar Creek Industries, made in an Ohio Amish community. The doors come in 12 colors. The company's major brand of all-vinyl windows is German-made Regency.
- Jenny Callison