Business news roundup
Three proposed changes to the Paycheck Protection Program could significantly benefit small businesses. CNN > Under the proposed coronavirus relief deal, businesses can drop paid sick leave for infected workers. BUZZFEED NEWS > The pandemic created winners and losers in the ...
Read More »A number to know: Brother, can you spare 10 dimes?
$1 The value of the forgivable Paycheck Protection Program loan approved for a business in Atlanta. That business had applied for a $10,000 loan. READ MORE AT ATLANTA BUSINESS CHRONICLE >
Read More »Winter 2020
Business news roundup
Female workers could take another pandemic hit: To their retirements. NEW YORK TIMES > After the pandemic, will inflation return? THE ECONOMIST > The Federal Reserve and Treasury have urged Congress to to approve more virus relief. AP> There’s still time to beat ...
Read More »Business news roundup
The use of telework and automation brought on by COVID-19 is altering the economy, Federal Reserve Chairman Jerome Powell said. CNN BUSINESS > A research team at Deutsche Bank has suggested that remote workers after the pandemic pay a 5% tax ...
Read More »A number to know: Charged for delivery
126 miles The estimated range of the Ford E-Transit electric van, aimed at businesses and due to be sold late next year. READ MORE AT CNBC >
Read More »Survey: Workers prefer remote work but don’t find it ideal
It turns out a lot of Americans like working from home, while most people would prefer a hybrid model of working both at home an in an office, according to a report ClickMeeting, a video conferencing and webinar service. In ...
Read More »A number to know: Main Street loans
$2.5 billion The value, as of Oct. 7, of “Main Street loans” that the Federal Reserve has underwritten. That’s less than 1% of the $600 billion in loans the program, which was announced in March, was designed to provide. READ ...
Read More »Business news roundup
From Ford to Microsoft, white-collar companies are increasingly extending working from home through next summer. THE NEW YORK TIMES > Small business owners are using curbside pickup, FaceTime virtual shopping and online stores to compete this holiday season. USA TODAY > The ...
Read More »Study: Some organizational subcultures don’t always follow security policies
New research from Binghamton University holds that information security policies that aren't based on the realities of an employee's work responsibilities can expose an organization to a higher risk for data breaches.
Read More »Second stimulus bill needed to prevent more job loss, Cornell economic geographer says
Congress has been unable to pass a second coronavirus relief package, while more than 790,000 Americans filed for unemployment for the first time last week in numbers released Thursday.
Read More »A number to know: A new factory
$700 million The amount Ford is spending on a new factory to build electric and hybrid electric pickup trucks. READ MORE AT THE VERGE >
Read More »Business news roundup
The stock market is usually a good predictor of presidential winners, but this year is different. USA TODAY > Restaurants in New York City will soon be allowed to add an extra charge for COVID recovery to diners’ bills. EATER NEW YORK ...
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