Thursday, November 18, 2021

Black Business Week in Beloit kicks off Monday | Business News | beloitdailynews.com

Publisher: Beloit Daily News
Author: HILLARY GAVAN Senior staff writer
Twitter: @BDNConnection
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County updated on historically underutilized business program - Austin MonitorAustin Monitor

On Tuesday, the Travis County Commissioners Court fielded discussion and informational updates in regard to the Historically Underutilized Businesses program performance in 2021.

According to Texas Health and Human Services, the program is "committed to ensuring that women, minority and service-disabled-veteran-owned businesses get a fair opportunity to compete for all contracts directly and indirectly through subcontracting."

Publisher: Austin Monitor
Date: 2021-11-18T06:02:13 00:00
Twitter: @austinmonitor
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Proposed cannabis business sparks opposition - The Bay State Banner

According to a plan presented at an Oct.

Under the licenses they have applied for, James Kinney, Brian Keith and the other owners of EnRoot would not have any customers coming into their location on Blue Hill Avenue.

"We are witnessing that our people have become addicted to cannabis in its various forms, whether it's smoking or it's edibles, whether it's oils or any other concoction that they can come up with to package this cannabis," Muhammad said.

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Publisher: The Bay State Banner
Date: 2021-11-18T11:00:57 00:00
Twitter: @BayStateBanner
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How to bounce back after a business fails - StarTribune.com

For example, consider the roughly 733,000 businesses that launched in the U.S. in the year leading up to March 2016. Only about half made it to March 2021, according to the Bureau of Labor Statistics.

"One of the inside secrets of great entrepreneurs, and businesspeople in general, is they are resilient when it comes to failure," says Mark Coopersmith, co-author of "The Other 'F' Word: How Smart Leaders, Teams, and Entrepreneurs Put Failure to Work " and a faculty member at the University of

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Publisher: Star Tribune
Twitter: @StarTribune
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Macy's says it is working with AlixPartners to review its business structure | Reuters

"(We) recognize the significant value of the market assigning to pure e-commerce businesses.

Jana Partners said that Macy's decision to engage with advisers to review its business was commendable.

Separately, Macy's raised its annual sales and profit outlook, easing fears that the department store chain would struggle with product shortages during the crucial holiday season.

Publisher: Reuters
Date: 2021-11-18T14:50:40Z
Author: Reuters
Twitter: @Reuters
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Ford Steps Into the Chips Business - WSJ

Ford Motor Co. is looking to get into the semiconductor business, after a year of computer-chip shortages that snarled its global factory output.

Ford entered a strategic agreement with U.S.-based chip maker GlobalFoundries Inc. to develop chips, a pact that could eventually lead to joint production in the U.S., the companies said Thursday. They didn't disclose terms or say how much they might invest in future production capacity.

Publisher: WSJ
Date: 2021-11-18T15:33:00.000Z
Author: Mike Colias
Twitter: @WSJ
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Trump's New Social Media Business Is Worth An Estimated $10 Billion

The people valuing Trump's enterprise at this price are everyday stock pickers. They still can't purchase shares in the Trump Media and Technology Group, but they can buy stock in a pile of cash—also known as a special purpose acquisition company, or SPAC—that plans to merge with Trump's business.

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Publisher: Forbes
Date: 2021-11-17
Author: Dan Alexander
Twitter: @forbes
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ADM Buys Stake in Startup Farmers Business Network - WSJ

Archer Daniels Midland Co. invested in Farmers Business Network and announced a partnership with the agricultural technology firm aimed at making it easier to track the carbon footprint of crops from the planting stage.

This latest fundraising round valued Farmers Business Network at $3.9 billion, a spokesperson for the company said. ADM said it made an equity investment through its venture-capital arm, but declined to disclose the size.

Publisher: WSJ
Date: 2021-11-18T14:05:00.000Z
Author: Kirk Maltais
Twitter: @WSJ
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