News (2428)
Businesses Still Awaiting Forgiveness
Many small businesses are fretting because they still don’t have guidance on how the PPP Loan Forgiveness program will work, reports CNBC.
Time is running out for millions of small business owners on Main Street. It’s not just another round of cash that they need from Washington to avoid contagion.
Read more...Free Consumer Webcast: Year-End Financial Planning Moves - Oct 21 @ 1PM ET
The COVID-19 pandemic has had a tremendous impact on every area of American life, from work and leisure to parenting and community involvement. It has caused unprecedented economic uncertainty, stock market volatility and sweeping new laws that underscore the need for ongoing planning.
Read more...SBA Reduces Loans to Black Owned Business
New research by the Cleveland Business Journal finds that the Small Business Administration has reduced lending to Black owned businesses by 84%, reports Cleveland.com.
The Small Business Administration has decreased its loans given to Black-owned businesses 84% since peaking before the Great Recession, according to research by the Cleveland Business Journal.
Read more...Small Business Needs Government Help
Small business owners are desperate for the government to do something to help alleviate their financial distress, reports CNN Business.
Tim Burgess came up with creative ways to keep his Charlottesville, Virginia, restaurants running after reopening in May, following a nearly two-month shutdown during the pandemic.
Read more...Small Business Feels Bleak
According to CNBC, small businesses owners are starting to feel bleak seven months into the pandemic.
When Patrice Graham opened Colors of Yoga Raleigh three years ago, it became the city’s only Black-owned yoga studio, an inclusive space for people of color and the LGBTQIA+ community to feel comfortable and confident practicing
Read more...Use Big Data Properly
Not using big data properly can actually be damaging to your business, reports Inside Big Data.
While the benefits of working with big data are well established, the continuing growth of unstructured data is overwhelming many organizations. That’s because they have little idea of how to manage and use it in the best ways to generate value for the business.
Read more...Army Uses Big Data to Make Replacement Decisions
According to National Defense Magazine, the Army is using big data to find out when to replace aging equipment.
The Army is using powerful new computers to crunch data so it can better decide the optimum time to get rid of aging platforms such as tactical wheeled vehicles and other equipment.
Read more...Google Brings Big Data to Farming
According to Tech HQ, Google’s parent company Alphabet is bringing big data to help find sustainable farming solutions.
Alphabet, better known as Google’s parent company, is joining the effort to bring sustainable agriculture to the masses following its latest project’s unveiling involving robots, crops, and big data.
Read more...Smaller Loans Getting Easier to Forgive
According to the Hill, the SBA will simplify the loan forgiveness application for businesses that took loans under $50,000.
The Small Business Administration (SBA) and Treasury Department announced that they are simplifying the loan forgiveness application for Paycheck Protection Program (PPP) loans under $50,000.
Read more...Prime Day a Boon for Small Business
Amazon’s Prime Days gives thousands of small to medium size businesses a way to reach more customers, reports CNBC.
Come Oct. 13 and 14, Amazon’s annual two-day members-only online sales extravaganza Prime Day will bring customers over one million deals on myriad products in popular categories including home accessories, toys, and electronics.
Read more...
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