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Business news roundup

All of the private equity clients of Goldman Sachs are preparing for a recession. BLOOMBERG > When America calculates its gross domestic product, should it include proceeds of illegal activities? THE WALL STREET JOURNAL > Scammers are increasingly targeting individual small businesses with ...

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Study: Newly-hired CEO’s political leanings can affect pay structure

The political leanings of a CEO can affect their initial pay package, according to new research from the University of Notre Dame. Research and corporate governance practices generally recommend compensating a risk-averse CEO with more performance-based pay to incentivize risk ...

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Financial therapy could help couples with disagreements

Shot of an elegantly dressed couple looking angrily at each other during a conversation with a counselor

Financial therapy may help couples with disagreements and financial problems before relationships suffer. “Money is a big thing and ignoring it is impeding satisfaction in relationships,” said Megan Ford, a couples and financial therapist at the University of Georgia who ...

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Most family businesses have no succession plan

(denisismagilov / Depositphotos.com)

Most CEOs of family businesses don't have a formal retirement plan, and 70% of family businesses don't have a formal succession plan, according to a recent report published by Babson College. But Millennial CEOs are ready to take the helm, the report found.

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A number to know: That’s a lot of coffee

35,000 The square footage of a new five-story Starbucks Roastery in Chicago, which is the company’s largest location. READ MORE AT CNN BUSINESS >

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Business news roundup

Uber said its New Jersey drivers were contractors. New Jersey said they are employees, and now Uber owes $650 million in employment taxes. BLOOMBERG LAW > Google had plans to publish more than 100,000 human chest x-rays online, but then canceled after ...

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Location of short-term rentals can affect neighbor attitudes

(Newswise / Emily Yeager)

The characteristics of neighborhoods where short term rentals are located can affect neighbor’s attitudes, according to new research from the University of Georgia. The findings: If residents feel their neighborhood is on show to tourists, they’re more likely to have ...

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Service workplace theft strategic and contagious, study says

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Sometimes workers steal. Sometimes they see coworkers stealing. A new study using gobs of data has found that restaurant workers who witness point-of-sale system theft by other workers may be more likely to steal themselves, but intervention by management can prevent others from joining in on pilferage.

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Report ranks cities for ease of doing business for SMBs

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A new report ranks 115 North American cities for the ease of setting up, operating and shutting down small and mid-sized businesses. The Doing Business North America report from the Center for the Study of Economic Liberty at Arizona State University measures ...

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A number to know: The cost of noncompliance

$77 million The total value, in Canadian dollars, of cannabis inventory and plants to be destroyed by CannTrust Holdings so that it can regain regulatory approval in Canada. The company lost its licenses to produce and sell cannabis in September. READ MORE ...

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Business news roundup

Starting this week, Walmart will deliver groceries into your fridge if you’re in one of 3 markets where it is launching the service. CNBC > Target has plans to raise its minimum wage to $15 by the end of 2020. Some store ...

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Business news roundup

McDonald’s is now accepting job applications through voice commands for Amazon Alexa or Google Assistant. THE VERGE > Google says it will not pay publishers in France for search results. Instead they’ll show results that are stripped back. ENGADGET > As small ...

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