Tuesday, September 15, 2020

Black women are thriving in Detroit's business ecosystem - Marketplace

The city of Detroit has had a hard couple of decades dealing with crises like the departure of the auto industry, depopulation and corruption in local government. But there’s been a bright spot: The number of women-owned businesses in the city more than doubled from 2012 to 2019.

Kai Ryssdal: Tell me why, would you, you’re studying Black female entrepreneurs in Detroit specifically.

Courtney McCluney: Yes, a couple of reasons motivated us. One was that Black women have, over the last three or four years, been the fastest growing group of entrepreneurs in the U.S. So there are more of them starting businesses at higher rates, despite having disproportionate access to resources, including capital. And at the same time, a city like Detroit actually looks more like other cities across the world and in the U.S.

Publisher: Marketplace
Date: 2020-09-14T21:25:11-07:00
Twitter: @Marketplace
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Not to change the topic here:

7,271 Washington businesses got free pandemic advice and yours can too

As businesses deal with a new reality and "business as usual" takes on an entirely new meaning, most businesses need to rethink and retool how they do business to survive. A pivot plan is critical.

Being a small business owner can often feel lonely, with the world, clients and employees weighing on their shoulders. The U.S. Small Business Administration (SBA) and the Washington Small Business Development Center (SBDC) want one message to ring clear for businesses figuring out a pivot plan: You are not alone.

Publisher: Tri-Cities Area Journal of Business
Date: 2020-09-15T01:46:59 00:00
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Home Depot co-founder Arthur Blank on corporate profits, social change

Billionaire businessman Arthur Blank told CNBC on Monday that businesses must care about more than just profitability, suggesting social responsibility should also be an area of emphasis.

"If you don't care about people, profit and the planet at the same time, profitability by itself isn't really enough," Blank said on "Power Lunch." "And the truth of the matter is, you can have them both, and I think we should have them both."

Blank, who co-founded The Home Depot in 1978 , is now owner of the NFL's Atlanta Falcons and Atlanta United of Major League Soccer. His comments Monday came one day before the release of his book , "Good Company," which details his business career and his views on corporate strategy.

Publisher: CNBC
Date: 2020-09-14T21:48:02 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Marin business sector primed for virus rules to ease

Several chambers of commerce in Marin County notified their members Monday afternoon that effective Tuesday, the California Department of Public Health would be changing Marin's status from “tier 1” — the state's most restrictive status — to “tier 2.”

"Based on the most recent local coronavirus metrics, the State of California will be downgrading the risk level assigned to Marin from 'widespread' to 'substantial,' which will allow more doors to open in businesses and schools," Juli Vieira, chief executive of the Sausalito Chamber of Commerce, wrote in a statement.

Publisher: Marin Independent Journal
Date: 2020-09-15T01:11:04 00:00
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Many things are taking place:

Paul Gonsalves Joins Orthofix as President of Global Extremities Business – OrthoSpineNews

LEWISVILLE, Texas–( BUSINESS WIRE )–Orthofix Medical Inc. (NASDAQ:OFIX), a global medical device company focused on musculoskeletal products and therapies, today announced the appointment of Paul Gonsalves as President of the Orthofix Global Extremities business. In this role, Gonsalves will serve on the Company's Executive Leadership team, reporting to Orthofix President and CEO Jon Serbousek.

* * *

As an inducement to enter into employment with Orthofix, Gonsalves was granted time-based restricted stock units representing 10,624 shares of Orthofix common stock and a time-based non-qualified stock option award to purchase an aggregate of 32,945 shares of the Company's common stock. The grants, which were approved by Orthofix's Board of Directors, were made under standalone inducement award agreements approved pursuant to NASDAQ Marketplace Rule 5635(c)(4).

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Publisher: OrthoSpineNews
Date: 2020-09-14T22:57:42 00:00
Twitter: @orthospinenews
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Deloitte: First Of Big Four To Break Up Business | PYMNTS.com

Deloitte will be the first of the "Big Four" auditors to break up its business after selecting a new auditing board to undertake the task, according to a report from The Telegraph .

The company, along with fellow Big Four members EY , KPMG and PwC , had been warned by watchdogs that their businesses needed to break off their profitable consultancy arms from audit divisions. The audit divisions don't always generate much in the way of profits, but concerns have arisen that the companies' auditors have never properly challenged the directors on their accounts for fear of missing out on lucrative clientele.

Publisher: PYMNTS.com
Date: 2020-09-14T02:23:48Z
Twitter: @pymnts
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UWM's Wauwatosa campus plan replaced by proposed business park

A plan to develop University of Wisconsin-Milwaukee research buildings in Wauwatosa would be replaced by a privately developed business park under a proposal endorsed Monday by county officials.

Development firm Irgens Partners LLC wants to buy from a UWM affiliate about 29 acres at the Innovation Campus site, east of I-41 and north of West Watertown Plank Road. The firm would pay $5.25 million for the land.

Irgens Partners has conceptual plans to develop a pair of four-story, 140,000-square foot buildings, a two-story, 50,000-square-foot building, a single-level parking structure and a possible future building.

Publisher: Milwaukee Journal Sentinel
Author: Tom Daykin
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COVID fallout claims special local bakery as BreadWorks' business drops | Local News |

Carroll Trainum restocks bread at BreadWorks on Preston Avenue in Charlottesville. The WorkSource Enterprises-run bakery and deli, which employs people with a range of disabilities, will close Sept. 25 due to pandemic-related loss of business. Find more photos at DailyProgress.com .

A hit to its catering business and walk-in traffic has led to the decision to close the 26-year-old bakery.

* * *

BreadWorks, a Charlottesville bakery staffed by people with disabilities, will close its doors this month because of a pandemic-related drop in business.

Publisher: The Daily Progress
Date: 2020-09-14T17:52:00-0400
Author: BRYAN MCKENZIE bmckenzie dailyprogress com 434 978 7271
Twitter: @dailyprogress
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