Monday, October 5, 2020

Business leaders call for reforms as global economy faces 'worst state in a century'

Top business leaders say the global economy is facing its worst crisis in a hundred years, and "downside risks remain elevated" unless urgent reforms are enacted during the G-20 summit hosted by Saudi Arabia in November.

The B20 is an engagement group that seeks to represent the voice of the global business community across all member states and economic sectors in the Group of 20.

"As the economic recovery evolves over the next couple of years, downside risks remain elevated," Al-Benyan said, raising concern about low productivity growth and rising inequalities.

Publisher: CNBC
Date: 2020-10-05T04:01:23 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Not to change the topic here:

Business calendar: Upcoming events in the area - HoustonChronicle.com

11 a.m., Sugar Creek Country Club, 420 Sugar Creek Blvd., Sugar Land. Information: www.ccimhouston.org .

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Virtual program presented by Fort Bend County Libraries’ Law Librarian, Andrew Bennett. 10-11 a.m. Upcoming classes include Family Law 101, Family Law 102 and Advanced Legal Research. The series is free and open to the public. Registration: www.fortbend.lib.tx.us or call 281-341-3718.

Virtual event hosted by the UH Bauer College SBDC. 11:30 a.m.-12:30 p.m. Information: www.sbdc.uh.edu .

Publisher: HoustonChronicle.com
Date: 2020-10-05T05:00:00 00:00
Author: Katherine Feser
Twitter: @houstonchron
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Colliers International appoints new Managing Director for Japan business Nasdaq:CIGI

TOKYO, Oct. 04, 2020 (GLOBE NEWSWIRE) -- Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI) today announced that Yukihiro Ogasawara has been appointed as Managing Director & Chairman | Japan.

Ogasawara joins Colliers Japan from CBRE, where he was Vice Chairman of Capital Markets and led a strategy to advise Japanese capital for investment into regional and global markets.

Publisher: GlobeNewswire News Room
Date: 10/4/2020 9:00:00 PM
Author: Colliers International Group Inc
Twitter: @globenewswire
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Business leaders feel sidelined in COVID-19 recovery in NYC | Fox Business

New York City's business leaders have looked for ways to help the city during its looming financial crisis, as they have done previously in tough times, but some say they haven't found much of a partner in Mayor Bill de Blasio.

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The new coronavirus pandemic has devastated the city's economy and erased billions of dollars in tax revenue. Nearly 650,000 people were unemployed as of August and thousands of small businesses have closed since March.

Publisher: Fox Business
Date: 2020-10-04
Twitter: @FoxBusiness
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In case you are keeping track:

How a decimated small business is fighting back: Scott Himmel - cleveland.com

This apple, almond and fresh herb salad is one of the healthy offering delivered by HarvestOwl. (Photo Courtesy of HarvestOwl)

Guest columnist Scott Himmel is the founder of HarvestOwl (formerly LunchOwl), a Cleveland-based service that provides fresh, healthy and personalized meals to businesses, office buildings, and, most recently, large residential buildings.

Prior to the pandemic, my company (then called LunchOwl), generated 100 percent of its revenue by delivering fresh, healthy lunches to Cleveland office workers.

Publisher: cleveland
Date: 2020-10-04T16:15:00Z
Author: Guest columnist cleveland com
Twitter: @clevelanddotcom
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US election 2020: 'Trump's done what he said he would for business' - BBC News

Like many Americans, Amy Fazackerley is worried about the economy. The 49-year-old runs a small business near Washington, DC in Virginia, which sells mats that roll up into bags - a product she invented in response to her sons' Lego mess and she sees mom-and-pop firms like hers closing every day.

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But Ms Fazackerley's worries aren't changing her vote. The Republican backed Mr Trump in 2016 and will be voting for him again, thanks to his record promoting small business and confronting China over intellectual property theft - a key issue for her business, which faces a constant battle against knock-off products.

Publisher: BBC News
Author: https www facebook com bbcnews
Twitter: @BBCWorld
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San Jose Expands and Extends Tax Break on Small Business Licenses – CBS San Francisco

The tax, which business owners pay annually to receive a license, ranges from $203 to as high as $163,745 depending on the number of workers the business employs.

For example, a sole proprietorship with only one employee would pay the base tax of $203 while a business with 20 employees pays $792. A business with 100 employees would pay more than $4,000 annually.

San Jose already has had a business tax exemption for sole proprietors earning less than twice the federal poverty level or $25,520, in revenues. Now, the city will no longer consider the number of workers a business employs and will only look at revenue and income to determine eligibility. The exemption takes effect Oct. 1 to Sept. 30, 2021.

logo
Date: 2020-10-04T15:33:11 00:00
Author: http www facebook com CBSSanFrancisco
Twitter: @/KPIXTV
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Whole Foods founder says business leaders need purpose beyond ‘only making money’ |

Industry leaders got a call-to-action from one of their own in a new book that examines how businesses serve their communities.

"We desperately need conscious leaders right now in America. There's so much hatred, so much anger and so much fear,” Mackey said.

“We need more conscious leaders who will lead with love, who will find win-win solutions to our problems, [Leaders who will] find the higher ground where Americans can begin to move together."

Publisher: WTOP
Date: 2020-10-04T15:52-04:00
Author: News Traffic Weather
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