Business

Peoria businesses battled unexpected challenges during COVID pandemic

Greg Bone sat in his restaurant and could not help but get emotional when talking about the struggle of opening his eatery in 2020.  Bone, like many others, knew opening a small business would be hard even under normal circumstances. But the COVID-19 pandemic made it more challenging for new business owners locally and beyond. Still, dozens …

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100 Knoxville begins summer cohort to build up black businesses

Their summer cohort involves a 5x5x5 program where businesses will receive $5,000 as part of the program. KNOXVILLE, Tenn. — Data from the Census Bureau shows there are 97 black-owned businesses in Knoxville and nearly 7000 white-owned businesses, both with employees.  But a non-profit is working to grow black business numbers.  “I know, you get …

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Jeff Bezos Is Offering to Cover Billions in Costs for a NASA Contract

Bezos sent an open letter to NASA offering to cover $2 billion for the Human Landing System program. Blue Origin’s offer would help it compete with SpaceX for a $2.9 billion NASA contract. In the letter, Bezos criticizes NASA’s original decision to select SpaceX as the sole winner. Loading Something is loading. Jeff Bezos’ space …

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Purdue University Global launches global business offerings that include first-ever study abroad

WEST LAFAYETTE, Ind. — A new Purdue University Global concentration and microcredential in global business will include the university’s first-ever study abroad program. The four-course MBA/Master of Science in Management and Leadership sequence will begin in September and is designed to prepare students with the knowledge and skills to pursue career advancement in globally oriented management …

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LABJ Insider: LA’s Fashion Industry Continues to Grow

Los Angeles Business Journal Editor Scott Robson Fashion is woven into the fabric of Los Angeles, from Hollywood to Silicon Beach and everywhere in between.Ilse Metchek, the president of the nonprofit California Fashion Association, wants to make sure L.A.’s business leaders don’t forget that. While the town’s entertainment, real estate and finance industries may garner more …

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A plea for Restaurant Revitalization Fund to be replenished

About 64% of eligible applicants for the fund went without a dime after it was closed last month. DENVER — More than 278,000 businesses applied for federal relief through the Restaurant Revitalization Fund (RFF) but according to the Small Business Administration just 36% of those applicants were given anything. Last month the U.S Small Business …

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Why The Business Of Private Education In China Was Never Going To Work

China’s listed private education companies keep getting hit with bad news. The latest blow came from a leaked government memo expressing the intention to make private education companies non-profit. Before that, it was fraud troubling the trade. The companies have sucked up a lot of U.S. capital, and they’re not needed anymore. New Oriental EDU …

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Safety is still on the menu as business picks up at wineries | Business

July has seen several Walla Walla Valley wineries welcoming back wave after wave of customers, many of them returning in droves to relax and resume a long-savored summer pastime after for more than a year of pandemic restrictions. When the state officially reopened June 30, its wineries finally had the green light to operate at …

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Peru Strengthens Its Revival Through Expo 2020 Dubai | Business

LIMA, Peru–(BUSINESS WIRE)–Jul 25, 2021– The Export and Tourism Promotion Commission – PROMPERÚ reaffirmed Peru’s participation in Expo 2020 Dubai, which was to take place last year, but had been postponed due to the pandemic and will now be held from October 1 until March 2022. This press release features multimedia. View the full release …

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Ask Doug & Polly: Parting with equity in your business to employees is a big decision | Business News

Doug & Polly White SHELBY LUM/TIMES-DISPATCH/////////////// BY DOUG AND POLLY WHITE Special correspondents QUESTION: I have an employee who is key to my business. She brings a skill set that is different from mine, and she has added tremendous value. As a result of her work, I’ve taken the business in a new and better …

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