Dunkin’ Donuts Good for the Neighborhood

Lila Shaker writes at Danbury News Times that we all should admit that the Dunkin’ Donuts on the corner of Springside Avenue and Osborne Street has greatly improved the area. There was much doubt in many people about the noise and safety if Dunkin’ Donuts was allowed to build.

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CIT Group Amends Debt Restructuring Offer

The Associated Press reports that CIT Group Inc., a major lender to small and midsize businesses that struggled under mounting losses and tight credit availability, amended its debt restructuring offer to enlist more bondholder support for the plan. The troubled New York-based lender had launched the debt restructuring effort Oct. 1 with the hope that it will trim at least $5.7 billion from its near-term debt. It is also asking bondholders to approve a prepackaged reorganization plan in case it is forced to file for Chapter 11 bankruptcy protection.

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Food Fight: Franchisees Caught in the Middle

Diana Ransom reports at Smart Money SmallBiz.com that if you have been to a fast food restaurant lately, you’ve probably seen some of the fallout of the downturn. You may have eaten some of it, too. In an effort to convince consumers to open their wallets wider, franchisors are not only requiring franchisees to officiate (and pay for) new promotions, they’re also requiring them to serve new products, extend operating hours and hand over more of their profits.

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Calorie Postings Don’t Change Habits, Study Finds

Anemona Hartocollis reports in The New York Times that a study of New York City’s pioneering law on posting calories in restaurant chains suggests that when it comes to deciding what to order, people’s stomachs are more powerful than their brains.

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Eastern is the Top SBA Lender

Jon Chesto reports at the Patriot Ledger that Eastern Bank has edged out perennial leader Citizens Bank as the state’s top Small Business Administration lender based on loan volume. Boston-based Eastern, the state’s fifth largest retail bank, originated 156 SBA-backed loans in the fiscal year that ended Sept. 30, totaling $7.3 million, including 28 loans totaling $1.6 million on the South Shore. Eastern easily topped Providence-based Citizens’ 130 SBA-backed loans, although Citizens loaned nearly $7.9 million.

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Independent Joe & Jim Videos

There are three videos to watch: Scroll down to view all three! What a Hoot! [flv:https://ddifo.org/movies/WorcesterMeeting.flv 570 318] [flv:https://ddifo.org/movies/DressingRoom.flv 570 318] [flv:https://ddifo.org/movies/PostMeeting.flv 570 318]

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