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 »A number to know: That’s a lot of robots
$1.1 billion The amount Hyundai spent to buy robotics company Boston Dynamics. READ MORE AT ENGADGET >
Read More »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 ...
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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 »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 ...
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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 »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 >
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Asana, a software company that helps groups track projects and tasks, filed paperwork for a direct listing on the New York Stock Exchange on Monday. CNBC > Here are the top 7 tech mistakes small businesses make. USA TODAY > With fewer ...
Read More »A number to know: A record high valuation
$2 trillion The market capitalization threshold Apple recently became the first U.S. company to exceed. READ MORE AT CNBC >
Read More »A number to know: Going to court can save billions
$15 billion The approximate amount Apple doesn’t have to pay Ireland after Europe’s second-highest court ruled in the company’s favor over a long-running tax dispute. READ MORE AT THESTREET >
Read More »Business news roundup
A covid-19 vaccine candidate developed in America induced immune responses in all of the volunteers who received it in early human research. CNN > Many Americans might not get another stimulus check. Here’s where things stand on another COVID-19 bill. USA TODAY ...
Read More »Working at home had a positive effect on productivity during the pandemic, survey says
Almost everyone seems to hate getting stuck in an office cubicle next to a co-worker who won’t shut up. Bosses who call too many meetings can be even more annoying. And traffic jams on the way home from work might ...
Read More »COVID-19 pandemic will hurt retirement nest eggs more than Great Recession, new survey shows
Seven in 10 Americans say the COVID- 19 pandemic will affect their retirement, with many dipping into their nest eggs, scaling back contributions and planning to work longer, a new survey shows. “The impact to Americans’ retirement accounts is ...
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