The top executives of more than 100 companies — including Starbucks, Microsoft and Mastercard — and trade groups are calling on Congress to backstop small businesses facing economic calamity .
"We cannot stress enough the urgent need to act," the letter states. "Every day that passes without a comprehensive recovery program makes recovery more difficult."
Small businesses have been ravaged by the coronavirus pandemic, which forced businesses across the country to temporarily shut down and kept consumers largely confined to their homes. Unlike large, well-capitalized companies that can withstand economic shocks by drawing on their cash reserves, many small businesses have little by way of a safety net. They generate small profits, meaning their financial position is precarious even when the economy is strong.
And here's another article:
1st Business Owner Faces Charges for Violating San Diego County’s Public Health Order
The gym owner told NBC 7’s Artie Ojeda he has no regrets over staying open in defiance of health orders.
The San Diego County District Attorney's Office has, for the first time, charged a local business owner for violating a public health order that was put in place in mid-March, forcing thousands of businesses to shutter as the novel coronavirus spread across the county.
The owner of Ramona Fitness Center, Peter San Nicolas , faces five misdemeanor charges for violating the California Emergency Services Act on five separate occasions in June and July, according to a criminal complaint filed on Friday.
How one Black-owned business was affected by BLM protests : The Indicator from Planet Money : NPR
Small businesses were already having a tough enough time weathering the effects of the coronavirus lockdown, especially those in large urban areas, like Minneapolis.
Chris could see what was coming. He locked his doors and left a sign saying "Black-owned business" out front. But the next day, he returned to find his distillery looted and torched. We talked to him about his experience and his thoughts.
Dwindling unemployment fund a ‘huge issue’ to business groups
Business groups are increasingly nervous about what could happen if the state's Unemployment Compensation Trust Fund runs out of money, which, at this point, appears to be a real possibility.
"This is a huge, huge issue," Louisiana Association of Business and Industry President and CEO Stephen Waguespack says. "This is really our number one priority, our top ask, right now."
Louisiana's trust fund had nearly $1.1 billion in it at the beginning of the year. Since the economic crisis triggered by the pandemic, however, the state's unemployment claims have burned through more than $850 million of that amount. At that rate, the fund will be insolvent by mid-September, just a little more than a month away.
In case you are keeping track:
Chef's pandemic experience provides recipe for new business | Business | union-bulletin.com
Vicki covers business and economic development, including tourism, the Port of Walla Walla and the Strictly Business column, as well as features. She has been reporting for the Union-Bulletin since late 2001.
Fondren Homewood Suites opens for business |
Fifteen of the 125 guestrooms were booked for the first day, but check-in time was not to start till 3 p.m.
* * *
Fondren lends itself to motif in the lodging, whether subtly as the color of Fondren Corner in the checked wing chairs in the lobby, or, less subtly, in the artwork on the walls of the halls and rooms.
"Off-season" rates now range from $119 to $140 a day, she said. They can be competitive with an apartment because cleaning, cable TV, breakfast, social hour (Monday through Wednesday) and each room has a full kitchnette.
STL Partnership Business Finance Team Co-hosts the CDFA Food Systems Webinar Series - St.
Recently the Council of Development Finance Agencies (CDFA) held a third installment of the virtual event titled “Food Systems Finance Webinar Series.” The webinar series illustrated the many positive impacts that result from financing food systems at a neighborhood scale, with speakers to showcase the versatility of projects and financing approaches.
The webinar also focused on how many food-related enterprises are small businesses that keep dollars local and create jobs. Other topics of discussion included the importance of restoring food markets and preserving other historic structures and how celebrating local food culture can draw visitors from near and far, while also improving economic and social conditions for residents.
Change is a good thing for FM business division | News, Sports, Jobs - Leader Herald
Change can be difficult for many people, but with practice, one can learn to, at least professionally, embrace change.
At Fulton-Montgomery Community College the business division is committed to helping students learn to develop their flexibility and adaptability.
For example, last year our college store, Raider Trader, offered a new program where faculty could select to have their textbooks offered to students digitally. The cost of the text is automatically added to the students’ bill at a significant cost savings compared to the hard copy version. Students seamlessly access their textbooks on or before the first day of class through our online learning management system, Blackboard.
No comments:
Post a Comment