Friday, August 14, 2020

Mississippi Back to Business grant: Lawmakers tweak program

Mississippi lawmakers tweaked the rules on the Back to Business grant program this week because only a fraction of coronavirus relief money was getting to small businesses.

The Legislature set aside $300 million of federal CARES Act money in May to help small businesses impacted by the pandemic. Of that money, $60 million was supposed to be distributed in direct payments to some businesses forced to shut down, and $240 million was supposed to be available in grants worth up to $25,000.

Publisher: The Clarion-Ledger
Author: Giacomo Bologna
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This may worth something:

Huawei's smartphone business is at risk after US cuts off access to advanced chips - CNN
Publisher: CNN
Date: 2020-08-14T04:02:27Z
Author: Sherisse Pham CNN Business
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Mapping tool highlights NIH-funded small business successes | National Institutes of Health (NIH)

"It's important to show how NIH funding and support helps innovators convert their laboratory discoveries into solutions that address some of the nation's highest healthcare priorities," said Dr. Matthew McMahon, director of NIH's Small Business Education and Entrepreneurial Development (SEED) office. "In the end, the public benefits by gaining access to a stream of innovative new therapies and cures."

About the NIH Office of Extramural Research: OER provides the corporate framework for NIH research administration. OER also provides leadership for the small business program at NIH through SEED.

Publisher: National Institutes of Health (NIH)
Date: 2020-08-12T17:30:32-04:00
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HarborOne to lay off more than 40 as branch business slows - The Boston Globe

HarborOne Bank is trimming more than 40 jobs as it reacts to a big slowdown in branch transactions, in what marks the first round of layoffs in the institution's history. The Brockton-based bank had been seeing the volume of transactions slow by 8 percent, year over year, in 2018 and 2019, but the drop in activity accelerated significantly during the COVID-19 pandemic with year-over-year declines exceeding 40 percent, according to chief executive Jim Blake.

Cisco Systems Inc. shares tumbled more than 11 percent Thursday after the company gave a lackluster sales forecast, signaling that businesses are spending less in the pandemic-driven recession. Chief executive Chuck Robbins pledged to reduce expenses by $1 billion through a reorganization that will include job cuts and early retirement for some workers.

Publisher: BostonGlobe.com
Date: 2020-08-14T01:12:28Z
Twitter: @BostonGlobe
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Quite a lot has been going on:

Delivering Curated News: Business Blurb

Most entrepreneurs can count themselves fortunate to have one successful startup to their name, so launching multiple projects takes a special kind of determination and passion that few possess. And those successes typically span over decades, not a few short years. Such conventions don't matter to Brendan Cox, despite being only just removed from being a high school student.   

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Cox: The largest problem we're solving is the gap between actual news and what gets said on social media. Our team goes above and beyond to deliver the facts and since our content creators are all in house, we can effectively curate quality, accurate content without it being altered. 

Publisher: Forbes
Date: 2020-08-13
Author: Mary Juetten
Twitter: @forbes
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Cannabis business gets the green light in San Leandro

SAN LEANDRO — A cannabis manufacturing business is on track to open on Catalina Street, where workers will roll joints, fill vape cartridges with cannabis oil, manufacture resin and make edibles.

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Eric Hughes of ASHA Pharmaceuticals, which is behind the business, told the city’s Board of Zoning Adjustments on Aug. 6 that it will respect the law.

“ASHA has spent a considerable amount of time developing a cannabis business model that complies with the city of San Leandro’s ordinance regarding cannabis and also complies with state regulations,” Hughes said.

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Publisher: East Bay Times
Date: 2020-08-14T00:43:49 00:00
Twitter: @eastbaytimes
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Coca-Cola aims to be good neighbor, ‘operates more as small business’ in Erlanger
Twitter: @NKyTribune
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Construction industry showed how to restart business in a pandemic

The Covid-19 pandemic has challenged us as individuals and communities in terms of what we find acceptable. And problems arise when the restrictions drag on for months and months, seeming with little public input or participation in the process.

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It was baffling to us that Gov. Jay Inslee made this decision when most other states, including California and Oregon, chose to allow construction.

Sometimes our industry has a bad reputation for safety, but that reputation is not backed by the numbers. For the last three years the Washington State Department of Labor and Industries has lowered workers compensation rates because on the whole we have kept our work sites safe.

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Publisher: Tri-Cities Area Journal of Business
Date: 2020-08-13T21:40:48 00:00
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