WASHINGTON (Reuters) - Applications to start new U.S. businesses fell in February even as economic activity picked up amid an improving public health situation, government data showed on Wednesday.
The Commerce Department said business applications decreased 13.4% to a seasonally adjusted 423,095 last month. The data is derived from business applications for tax identifications.
There were a seasonally adjusted 48,749 applications from corporations, down 10.4% from January. Applications for businesses with planned wages totaled 51,071, a decrease of 12.9% from the prior month. Overall, business applications fell in all four regions last month and were across all industries.
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GE, AerCap join air leasing businesses in $30 billion deal
General Electric is combining its aircraft leasing business with Ireland's AerCap Holdings in a deal valued at more than $30 billion, a big step in what has become a six year odyssey to reshape the one-time sprawling, global conglomerate.
By pushing GE Capital Aviation Services, or GCAS, into a separate business, GE is essentially closing the books on GE Capital, the financial wing of of General Electric that nearly sank the entire company during the 2008 financial crisis.
No 'constitutional right' to refuse a business mask policy | wfaa.com
HOUSTON — As of 12:01 a.m. Wednesday, March 10, Texans are no longer be ordered to wear face masks by Governor Greg Abbott.
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LIST: Here's what Houston-area school districts are doing with statewide mask order lifted
Whether you've witnessed pushback against mask requirements or watched tantrums or rants play out on social media, a year into the National Emergency, there's a chance you've heard a fellow Texans say something like, "it's my constitutional right" or "my American right" or "my civil right" to not wear a face mask while inside an establishment.
Bed-Stuy wine shop changes business model amid pandemic
NEW YORK (WCBS 880) -- A small wine shop in Bedford-Stuyvesant is tailor-made for the Brooklyn community it serves.
Foss told Joe Connolly and Neil A. Carousso she rallied her community amid the business shutdowns and offered to sell their products on the new website she designed herself. She was in survival mode.
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Liquor stores were deemed an essential business, so Foss used that designation to support minority and women-owned businesses in Brooklyn.
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A Family Business at a Crossroads: Scaling and Succession
Business: Restaurant rescue in covid relief package
Chevron has outlined a plan to expand oil and gas production through 2025, but without spending significantly more, and pledged to limit the pace of growth of its carbon emissions. Investors have been pressuring oil companies to hold spending flat and reduce emissions that contribute to climate change.
Another hit to the cruise business, with seven major lines pushing back their restart dates. Royal Caribbean, the world’s largest cruise line, has extended its year-long halt to nearly all departures through early June. Royal Caribbean joins Norwegian and Carnival in giving up on the idea of a widespread May restart. Smaller brands Celebrity, Silverseas, and Azamara also pushed back their restarts to early June.
Two legislators offer updates on business issues | Local News | thenewsenterprise.com
Two Leitchfield residents serving in the General Assembly provided an update of business-related legislation Tuesday for a couple dozen constituents participating in Grayson County Chamber of Commerce Zoom conference.
Sen. Steve Meredith and Rep. Samara Heavrin talked about the significant load of bills still to be considered with six voting days remaining before the session ends March 30.
Because the legislature passed a one-year budget in 2020 because of COVID-related uncertainties, this year's short session also has budget duties. Some in leadership suggested a light schedule of bills should be introduced to balance the workload. Meredith said 881 bills were filed and many key matters passed by both chambers still face conference committee discussions to resolve differences.
Coca-Cola faces boycott from Hispanic business owners and supermarkets after closing of Latin
Nelson Eusebio, government affairs coordinator at the National Supermarket Association, said his organization had received corporate funding from Coca Cola, money it used to fund Hispanic community initiatives during the holidays and the school season, but it saw the donations from the company dry up last year.
“We noticed our funding was dwindling and dwindling, and it came to a point where we were getting no funding from Coca-Cola,” he said. “Here at the NSA, of course we consume Coca-Cola, we sell your product, we display your product, how the heck are you going to cut us out?”
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"Mexico's government is worried the new U.S. administration's asylum policies are stoking illegal immigration and c… https://t.co/PFZHmsEO95 ArthurSchwartz (from Virginia) Wed Mar 10 13:20:07 +0000 2021
BREAKING: Mexico's government is worried the new U.S. administration is stoking illegal immigration and creating bu… https://t.co/OvO8mKQPx2 JackPosobiec (from Rent-free in your head) Wed Mar 10 13:46:06 +0000 2021
The U.S. economy has greatly improved from the worst months of job loss last spring, but millions of people are sti… https://t.co/DLUkD12I4D nytimes (from New York City) Tue Mar 09 19:51:57 +0000 2021
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