Saturday, August 1, 2020

Business News August 2020 – The Cedar Mill News

The Paycheck Protection Program has been extended to August 7th for businesses to apply for government assistance. With the Coronavirus (COVID-19) taking a toll on local businesses, Sunset Credit Union has stepped in to help many of them survive during this crisis.

"We're an approved Small Business Association (SBA) 'Paycheck Protection Provider,' " said Sunset Credit Union President, Rhonda Baggarley. "So far we've helped over 100 Washington County businesses get much needed funds so they can continue to operate."

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This may worth something:

Local golf courses see uptick in business

After being inside a lot over the last few months, people are finding ways to spend time outside. And local golf courses say they're seeing that first hand.

Jim Ager Golf Course says they have seen a big increase in the number of holes played and golfers on the greens over the last few months.

They say they've been hearing from people who say they just want to get out and this is an easy way to social distance, not have to wear masks and have fun.

Publisher: https://www.1011now.com
Twitter: @1011_news
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Letter: Kraft is a friend of business - Columbian.com
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Publisher: The Columbian
Twitter: @thecolumbian
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Microsoft in advanced talks to buy TikTok’s U.S. business - Portland Press Herald

NEW YORK — Microsoft is in advanced talks to buy the U.S. operations of TikTok, the popular Chinese-owned video app that has been a source of national security and censorship concerns, according to a person familiar with the discussions who spoke only on condition of anonymity because of the sensitivity to the negotiations.

The potential deal would be a victory for both companies, making Microsoft Corp. a major player in the social media arena and providing relief to TikTok and its parent company, Bytedance Ltd., a target of President Trump.

Publisher: Press Herald
Date: 2020-08-01T20:12:45 00:00
Twitter: @pressherald
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While you're here, how about this:

Lowe's giving out small business COVID-19 relief grants through LISC

Monday is the deadline to apply for small business emergency relief grants ranging from $5,000 to $20,000 from Lowe's.

The nonprofit Local Initiatives Support Corporation, also known as LISC, is giving out the grants thanks to the home improvement chain's $55 million contribution. Applications will be accepted through 11:59 p.m. ET Aug. 3 in the fifth round of relief grants.

According to a news release , the grants will "provide immediate relief for critical needs such as rent, payroll and operational expenses to keep businesses running." The grants do not need to be repaid.

Publisher: USA TODAY
Author: Kelly Tyko
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How This Female Founder Never Lost Herself When Starting a Successful Business

Women empowering women is more than a hashtag. It is a mission I am on to bring about change and lead every person to believe they have what it takes to follow their passions. We can help one another in so many ways. One of them is to support each other's dreams and give support without expectation or attachment. The more you connect authentically to those around you and grow in your relationships, the more women will heal and change the world.

Heather Sanders is the founder of the fashion label Sorella Boutique, a company that has grown from a 10-product online-only store to opening up shop right on Melrose Avenue in Los Angeles. She has gone on to create a movement that encourages strong, working and independent women of all ages, colors and sizes to be confident and empowered to have a vision. Through all of this growth, what inspires me most is how Sanders never stopped being true to herself.

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Publisher: Entrepreneur
Date: 2020-08-01T18:00:00Z
Author: Sarah Pendrick
Twitter: @Entrepreneur
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A Better Year for Trump's Family Business (Last Year, That Is) - The New York Times

The disclosure report, which offers the only official public detailing of the president's personal finances, had been delayed for months after Mr. Trump received two extensions.

The delay came in part based on questions the Office of Government Ethics had raised about, among other issues, the value of pro bono legal work provided to the president by Rudolph W. Giuliani, the former New York mayor, according to people with knowledge of the delay.

As the United States economy was humming in 2019, the Trump Organization reported revenues of at least $446.3 million, up more than 2 percent from $434.9 million, in 2018. In 2017, he reported at least $452.6 million in revenues.

Date: 2020-08-01T00:38:18.000Z
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Central Maine business briefs: Maine Eye Doctors newest FirstPark tenant - CentralMaine.com

Maine Eye Doctors is the third company to purchase property at the business park in 2020. A team of local optometrists recently purchased the 6,000-square-foot location at 25 FirstPark Drive in a transaction brokered by Bruce Holmes of Century 21 Venture Ltd. and commercial real estate broker Don Plourde of Coldwell Banker Plourde Real Estate, according to a news release from FirstPark.

The building was customized for Maine Eye Doctors and includes seven eye care lanes, eye care equipment and technology. Partners for the practice include Lorie Lepley Parks, doctor of optometry, Helen L. Bell-Necevski, doctor of optometry, and Zlatko Necevski.

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Publisher: Kennebec Journal and Morning Sentinel
Date: 2020-08-01T18:00:47 00:00
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