Headlines in Business, Mergers and Acquisitions & Market News:
- New home building drops in January. Groundbreaking on new homes fell 3.8%, surprising economists who expected to see a rise. Seasonal factors like the large blizzard that blanketed the East Coast could be responsible.
- Unemployment claims fall unexpectedly. The number of Americans filing new claims for unemployment benefits fell last week, pointing to renewed strength in the labor market.
- Mortgage applications up on lower rates. Falling rates on mortgages continue to drive purchase applications and refinancing activity. Applications for home purchases are up 30% over the same period last year.
- Home builders may be losing confidence. An indicator of optimism among the nation’s home builders shows that though current and future sales expectations are strong, a lack of labor and available lots may be dragging on future building.
Articles for Entrepreneurs
Super Bowl Advertising: 2016 Results
Courtesy: Tim Calkins, STRONGBRANDS 
Super Bowl 50 was a remarkable event for advertisers. Brands were reported to pay $5 million or more to run spots during the game. Overall, it was an impressive collection. Many of the ads had strong branding and communicated a benefit. Still, some ads worked better than others.
Advice for Aspiring Entrepreneurs
Courtesy: Portia Crowe, Business Insider 
Alexa von Tobel is a startup founder, a New York Times best-selling author, and a Presidential Ambassador for Global Entrepreneurship who sold her company last year for more than $250 million. She told Business Insider how she found her own mentors, and how she knew they were keepers.
Read About Alexa Von Tobel
Harvard Law: The Cost of Inequality
Courtesy: Corydon Ireland, Harvard Gazette 
Before Deval Patrick ’78, J.D. ’82, was the two-term governor of Massachusetts, managing director of Bain Capital, and Harvard’s most recent Commencement speaker, he was a poor black schoolchild in the housing projects of Chicago’s South Side. How did he triumph over inequality? Through education.
Read About Deval Patrick
Next Center for Free Enterprise Event
2016 Expert Estate & Tax Planning to Maximize $ from the Sale of a Business
FRI, MAR 18 | 7:30 AM | ROCKY RIVER, OH
Are you planning to exit the ownership of a business or an investment? Do you want to maximize the proceeds of the sale while minimizing tax and other liabilities? You should attend this panel discussion to learn some cutting edge estate and tax planning strategies that may help you meet your goals. You will also have the opportunity to meet other investors, business owners and senior managers and professionals who have similar interests to your own.
This event is organized by David Brown (also of Red Hawk Associates) and Ben Calkins (The Calkins Law Firm) of the Center for Free Enterprise.
Join our panel of experts and get insights to these questions and more along with Q & A on Friday, March 18 from 730a to 850a at Westwood Country Club. Check in and breakfast starts at 730a, panel starts at 750a.