Wednesday, February 26, 2020

Wednesday's business headlines - WISH-TV | Indianapolis News | Indiana Weather | Indiana

Wal Disney said Bob Iger is stepping aside as the company’s longtime CEO, effective immediately, to be succeeded by the company’s head of parks.

Iger is leaving Disney after the company recorded one of the biggest box-office years in movie history and the successful launch of the Disney+ streaming service.

The head of the parks division, Bob Chapek, will immediately have to deal with coronavirus and protecting the parks.

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Publisher: WISH-TV | Indianapolis News | Indiana Weather | Indiana Traffic
Date: 2020-02-26T12:47:27 00:00
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This may worth something:

SBA Veterans Small Business Advisory Committees to Host Public Meetings March 4 and 5

Both committee meetings will address the current state of veteran-owned small businesses and update the public on progress made toward advancing veteran entrepreneurship and employment.

The IATF meeting will include updates from SBA's Office of Veterans Business Development and Office of General Counsel as well as committee member updates from the Departments of Defense, Labor, Treasury and Veterans Affairs, General Services Administration, Office of Management and Budget, North Carolina Military Business Center, and Student Veterans of America.

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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Nestlé Halts All Business Travel Abroad as Other Firms Curb Asia, Italy Trips - WSJ

As fears rise over Covid-19's spread, companies are canceling business travel and corporate off-site events around the globe and making contingency plans for more employees to work remotely.

Nestlé SA told more than 290,000 employees to suspend all international business travel until March 15, and requested that all domestic trips be skipped whenever possible for now.

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Publisher: WSJ
Date: 2020-02-26T21:50:00.000Z
Author: Te Ping Chen Saabira Chaudhuri and Rachel Feintzeig
Twitter: @WSJ
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Business Digest: Rrevv Inc. designs leather handbags – Santa Cruz Sentinel

California design group Rrevv Inc. has launched in westside Santa Cruz. Co-founders Rachel Conable and Rigel Hunter started the company in 2018, selling design leather handbags, wallets, tote bags and other accessories. Products are made with leather that is locally and globally sourced and feature custom stainless hardware.

Conable and Hunter do not come from fashion backgrounds, which brings a different approach to designing bags. Conable has a custom light fixture business, Rachel Conable Lighting , in which she creates fixtures for residential and commercial spaces that combine branches, driftwood and other materials. Hunter runs Hunter Designs , which makes handmade architectural elements from metal, including railings, railings, awnings, fireplace screens, gates and more.

Publisher: Santa Cruz Sentinel
Date: 2020-02-26T23:15:25 00:00
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In case you are keeping track:

Reasons for keeping your business IT network secure | AZ Big Media

As we revel in a digital age where more of our business practices are conducted in cyberspace than ever, there seems to be an inevitability to the rise in cybercrime that runs alongside.

Without taking care of that precious data, we risk financial disaster, often of the irrevocable kind and without due care how can we expect our customers to have faith in us to ensure that their most personal details and their financial bond with us remain safe and unbroken?

Once they have entered your system the damage can happen quickly; data is shipped out at light speed and shifted into the hands of those who know how to peddle it on the dark web, making a fortune by turning what used to be your trusting customer's personal data into a fake ID, sold to the highest bidder.

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Publisher: AZ Big Media
Date: 2020-02-26T21:40:02 00:00
Author: Blufish
Twitter: @AZBigMedia
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Louisiana hopes to have lab test capability for coronavirus in coming weeks

So far, no cases of COVID-19 have been reported in Louisiana. But officials at the Louisiana Department of Health—the lead agency dealing with the potential threat at this point— is implementing the state's pandemic plan for influenza, which has been developed over the past 15 years.

"We are preparing as if this is a potential pandemic of influenza," LDH communications director Aly Neel says. "We have been preparing for this specifically but in many ways it operates like the influenza so we have an existing framework and plan and infrastructure that we can lean on. We are moving to the next stage of that preparedness plan."

Publisher: Baton Rouge Business Report
Date: 2020-02-26T21:51:54 00:00
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Hispanic small business owners expect revenues to reach four-year high | Fox Business

The King's College business program chair Brian Brenberg explains why small business owners are highly engaged in the 2020 presidential race.

Revenue projections for Hispanic small business owners are at a four-year high, and Hispanic entrepreneurs are more optimistic about the local and national economies than their non-Hispanic peers, according to a Bank of America report released Wednesday.

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"They're the most optimistic, fastest-growing demographic of entrepreneurs. ... They’re a big part of the thriving economy," John Gomez, senior VP/Small Business Region executive at Bank of America, told FOX Business.

Publisher: Fox Business
Date: 2020-02-26
Twitter: @FoxBusiness
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Apple CEO Tim Cook calls coronavirus 'a fairly dynamic situation' - Business Insider

The global coronavirus outbreak has become the biggest near-term threat to Apple's business, disrupting production of its most important product, the iPhone, and causing the company to temporarily shutter half of its retail stores in China. 

But Apple glossed over the topic during its annual shareholder meeting on Wednesday, as CEO Tim Cook largely ignored the coronavirus during his talk, leaving some attendees at the event surprised and perplexed.

Publisher: Business Insider
Date: 2020-02-26
Author: Lisa Eadicicco Troy Wolverton
Twitter: @sai
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