Sunday, January 3, 2021

Local business concerned after not receiving Business Interruption Grant

FAYETTEVILLE, Ark. (KNWA/KFTA) – Business owners who did not receive any money from a state grant are worried how they will keep their doors open.

* * *

This consisted of $50 million set aside from the CARES Act to help them navigate through this pandemic.

“Businesses have had a really hard time surviving and the recovery is predicted to be lengthy,” said Stacy Hurst, Secretary of Arkansas Department of Parks, Heritage and Tourism. “I wish that we had more money to provide.”

logo
Publisher: KNWA FOX24
Date: 2021-01-03T03:29:25 00:00
Reference: (Read more) Visit Source



Quite a lot has been going on:

Nicky's expansion 'uplifting' for Beverly small business community - Chicago Tribune

It is not going help bars and restaurants in the neighborhood restore their operations to full-service status.

But Saturday morning's ribbon-cutting ceremony and grand opening of the new place, which moved a few blocks south to 10500 S. Western Ave. and was formerly known as Nicky's Grill and Yogurt Oasis, was a cause for optimism in the Beverly neighborhood.

The pandemic is causing pandemonium among small businesses, but Nicky's is thriving and that is giving some in the South Side Chicago neighborhood hope.

Publisher: chicagotribune.com
Date: AAC9C18F70AC386BC4DCF4DDF9BF1786
Author: Jeff Vorva
Twitter: @chicagotribune
Reference: (Read more) Visit Source



Small, mid-sized business owners confirm they are optimistic about business recovery, new study

AUSTIN, Texas — Small businesses have been through a lot in the last year, but new data shows entrepreneurs said they feel better when it comes to handling future crisis.

Kabbage  Co-Founder Kathryn Petralia said things are looking up for small businesses in 2021 after the tough year many went through. 

"We've seen small businesses continue to perform. We've seen consumers continue to shop," said Petralia.

Kabbage is a company that supports small businesses financially, including 2,800 customers in the Austin area and more than 33,000 customers in Texas. 

Publisher: kiiitv.com
Date: 1/4/2021 4:18:45 AM
Twitter: @kiii3news
Reference: (Read more) Visit Source



What corporate leaders need to know about Biden's business tax proposals - StarTribune.com

Whether you are looking forward to Joe Biden's presidency or not, one thing is certain, the business tax landscape is sure to change. Let's take a brief look back before we look to the future.

President-elect Biden campaigned on the premise that TCJA's benefits are overly skewed to large corporations and wealthy individuals, and that the federal income tax system must be retooled to ensure that these taxpayers are contributing "their fair share." To that end, he proposed higher top income tax rates for both individuals and corporations, along with "base-broadeners" that would limit or eliminate advantages available to these taxpayers.

Publisher: Star Tribune
Twitter: @StarTribune
Reference: (Read more) Visit Source



Many things are taking place:

Business groups to lawmakers: 'Stick to the essentials' - VTDigger

With 800 or so bills likely to arise in a typical legislative session, a group of business associations is trying to keep the body focused this year on one general theme: Lifting the state’s economy from its Covid-based slump.

The 22 associations wrote to lawmakers and to Gov. Phil Scott on Dec. 28, asking them not to try for a typical legislative session in the extraordinary era of the pandemic. They noted that meetings will take place on Zoom and the hundreds of people who typically crowd the Statehouse each winter will have no access to the conversations that usually flow in corridors and committee rooms.

Publisher: VTDigger
Date: 2021-01-03T10:07:22-05:00
Author: Anne Wallace Allen
Twitter: @vtdigger
Reference: (Read more) Visit Source



The Week in Business: Happy New Year, Here's $600 - The New York Times

Welcome to 2021. The next few months may not be any easier than the last, but let's take it one week at a time. Here's the business and tech news you need to know for the days ahead. — Charlotte Cowles

The aid bill may be official, but Congress is still debating one of its provisions: the direct-payment stimulus checks. Should they be $600 each, as the bill originally stated, or $2,000, as Mr. Trump has demanded? Democrats were more than happy to oblige Mr. Trump's push for higher payments, putting Republicans in the awkward position of defying the president if they disagreed.

Date: 2021-01-03T12:00:04.608Z
Reference: (Read more) Visit Source



Fact check business restrictions for COVID

When President Donald Trump threatened to reject the coronavirus economic relief package passed with wide bipartisan support, U.S. Sen. Pat Toomey appeared on Fox News to defend the plan and stress how urgently businesses need relief.

"In my state, as in many other states, we have governors who are closing down businesses again," Toomey, a Republican from Pennsylvania, said before Trump relented and signed the measure into law.

We wondered how sweeping the latest round of virus shutdowns is and what types of establishments are affected.

Publisher: Austin American-Statesman
Author: By Jessica Calefati
Reference: (Read more) Visit Source



Business People: Sunday, Jan. 3 – Twin Cities

Lola Red , a Minneapolis- and Denver-based digital public relations agency, announced the hire of Skylar Werde as integrator and vice president of operations. The company also announced the following new accounts: Finley's Barkery , Minneapolis; Miko , India; Reverie , Detroit; RollinGreens , Boulder, Colo.; SOAR , a St. Paul-based division of LeafLine Labs , and Sonny’s BBQ , Orlando Fla.

* * *

Kraus-Anderson Construction , Minneapolis, has named Chad Rempe as the company's preconstruction design phase services manager, a newly created position.

Publisher: Twin Cities
Date: 2021-01-03T15:35:14 00:00
Twitter: @pioneerpress
Reference: (Read more) Visit Source



Happening on Twitter

No comments:

Post a Comment

The Relevance Of The Natural Sciences Methods In Economics

Reference:...