Morning Mix: Obama Hits Campaign Trail With Business Promises

Obama ramps up campaign promises: With polls showing the GOP with a clear advantage going into the mid-term election home stretch, President Barack Obama is rolling out new programs to boost the economy. Over the weekend, the president proposed a $50 billion infrastructure package for roads, airports and railways. This week, he’s expected to roll out a proposal allowing businesses to write off research and development and equipment investments immediately, rather than over time, putting cash in businesses’ coffers. (MSNBC, Los Angeles Times)

Wooing small business: Washington certainly isn’t ignoring small business this election season. More than a dozen proposals to boost small business have been proposed by the administration or Congress. (Washington Post)

Small businesses enter holding pattern: More than 1,000 small businesses are ready to take advantage of provisions in a bill blocked by Senate Republicans that would loosen lending to the sector. (Gannett News Service)

Oracle hires Hurd: Former Hewlett-Packard CEO Mark Hurd didn’t stay unemployed for long. Oracle has hired him as a co-president. (The Street)

What it can’t buy, I can’t use: Money won’t buy everything it’s true, but it does buy a measure of happiness. (The Philadelphia Inquirer)

AIG leans to sale of Taiwan unit: Troubled insurer AIG may put its Taiwan unit back on the market. (Reuters)

BK bulks up breakfast: Burger King, aiming to break the lock of rivals on the fast food breakfast, is adding nine items to its menu. (Associated Press)

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