Friday, November 19, 2021

Ford and Rivian no longer plan to work jointly on electric vehicles. - The New York Times

Ford Motor and Rivian have dropped plans to develop an electric vehicle together, although Ford remains a major investor in the start-up automaker.

The companies formed a partnership in 2019 when Ford invested $500 million in Rivian . They originally envisioned working closely on electric vehicles, but Ford discarded a plan to use Rivian's chassis for an electric model for its Lincoln brand while saying they still intended to cooperate.

Date: 2021-11-19T12:15:48.000Z
Twitter: @nytimes
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Is A Merchant Cash Advance Right For Your Business? – Forbes Advisor

A new small business is always looking for ways to prop itself up in the short term so the founders can get closer to achieving their long-term goals.

Note: This article is intended to provide a definition of what an MCA is and what it does, and it should not be considered financial advice. We encourage small businesses to research all lending options available to them before making any commitment.

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Publisher: Forbes Advisor
Date: 2021-11-19T14:00:21-05:00
Author: Julia Rittenberg
Twitter: @forbes
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4 reasons to shop Small Business Saturday | Local Business | stltoday.com

Suzanne Elbendary (right) and Jamie Albers, both of St. Louis, sample some Glow Candle Co. candles available for purchase at the Renu Body Essentials booth during WintrMarkt at City Foundry STL in St. Louis on Saturday, Nov. 28, 2020.

When you think about holiday shopping, your mind probably goes to big-box retailers before your neighborhood bookstore or antique shop. But in a time marked by widespread supply chain disruptions and inflation, underdog small businesses deserve our attention.

Publisher: STLtoday.com
Author: LAUREN SCHWAHN NerdWallet
Twitter: @PostDispatchbiz
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Names in the News: People shaping the future of Lake Area business - American Press | American

Dr. Carl Fastabend , FACC, founder and medical director of the Vein Center of Southwest Louisiana, has been appointed to the Board of Directors for the American Board of Venous and Lymphatic Medicine.

The goal of the organization is to promote the education of physicians practicing venous medicine and improve the quality of patient care related to the treatment of venous disorders. ABVLM administers the certification exam for this medical specialty.

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Publisher: American Press
Date: 2021-11-17T17:10:21 00:00
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Lynchburg Regional Business Alliance again achieves U.S.

For the fourth time in a row, the Lynchburg Regional Business Alliance has received a five-star accreditation from the U.S. Chamber of Commerce.

The U.S. Chamber of Commerce bestowed the honor this month, citing the Alliance's sound policies, effective organizational procedures and positive effect on the community. The announcement was made Friday by the Alliance at Boonsboro Country Club.

Publisher: NewsAdvance.com
Author: RACHAEL SMITH rsmith newsadvance com 434 385 5482
Twitter: @newsadvance
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Yonkers resident selected to showcase babka business at Winter Village at Bryant Park –

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Growing up in a Jamaican household De’Asia Collins had never heard of babka. However, today, the Yonkers resident has put her own spin on the Polish-Jewish treat and created a company, Bitchin’ Babkas.

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Publisher: Bronx Times
Date: 2021-11-17T15:33:19-05:00
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Stock Buybacks Could Be Deterred by Biden Tax - The New York Times

Corporate America has been feeding a stock buyback boom for decades, with companies spending trillions of dollars to repurchase their shares without paying any taxes on those transactions.

In President Biden's roughly $2 trillion Build Back Better Act, which narrowly passed the House on Friday but faces a tough fight in the Senate, Democrats have proposed a 1 percent tax on stock buybacks.

Date: 2021-11-19T21:49:11.000Z
Twitter: @nytimes
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Unfinished Business: 4 Thoughts on DePaul - On the Banks

Rutgers is now the hunted: That's right. Everyone is gunning for this team, maybe even more so than last year in a weird COVID season. DePaul is in it's first year with a new coach? That coach sees an opportunity for a big win and the team does too.

Cliff Omoruyi and Ron Harper Jr.: How important are these guys? Cliff was the turning point of the game. I'm not blaming the officials tonight at all, but Rutgers was so much better with him on the court than when he sat with fouls.

Publisher: On the Banks
Date: 2021-11-18T22:41:50-05:00
Author: Dave White
Twitter: @OTB_SBNation
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Now in business: OV Cornhole

Joe and Becky Schwartz, who have opened up OV Cornhole in El Dorado, also founded the California Cornhole Association in 2011. Courtesy photo

The owners of OV Cornhole say they are opening the first and only cornhole retail shop in Northern California, offering cornhole boards, bags, score towers, apparel and more. Manufacturing custom cornhole boards since 2008, OV Cornhole builds high-quality custom cornhole boards.

Publisher: Mountain Democrat
Date: 2021-11-19T10:09:00-08:00
Author: Mountain Democrat
Twitter: @mtdemocratnews
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Wine business appetite for acquisition tops pre-pandemic pace

News of the acquisitions last week of Sebastopol's Ace Cider and Napa Valley's Frank Family Vineyards are part of a string of deals this year that industry experts say point to a reawakening of the North Coast wine business and even more such activity next year.

On Nov. 15, Vintage Wine Estates announced that it was buying California Cider Company, maker of the 1 million-case-a-year Ace brand, following several transactions since the Santa Rosa company became publicly traded earlier this year. Then on Nov.

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Publisher: The North Bay Business Journal
Date: 2021-11-19T19:13:00
Twitter: @NBBJ
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