Business closures, partial reopenings due to COVID-19 could cost the US $3-5 trillion in GDP over 2 years

Credit: CC0 Public Domain The COVID-19 pandemic could result in net losses from $3.2 trillion and up to $4.8 trillion in U.S. Real Gross Domestic Product (GDP) over the course of two years, a new USC study finds. The pandemic’s economic impact depends on factors such as the duration and extent of the business closures,…Continue Reading

Small business revenue remains flat

Navigation for News Categories Small business revenues remain flat although the number of jobs are increasing. Photo: 123rf A survey of small businesses by cloud accounting software firm, Xero, said the number of jobs in small businesses rose 1.4 percent in October over the year earlier to pre-Covid19 pandemic levels, apart from in the hospitality…Continue Reading

Business leaders against National’s idea of imposing conditions on Funding for Lending

Navigation for News Categories Business leaders aren’t backing National Party’s call for the government to “rein in” the Reserve Bank and insist conditions be put around new funding. Business New Zealand head Kirk Hope and Shadow Treasurer Andrew Bayly. Photo: RNZ / Richard Tindiller / Dom Thomas The National Party wants the government to ensure…Continue Reading

Huawei Could Integrate its Consumer Business Group and Smart Car Solutions Business Unit

(Source: Huawei Central) Huawei is rumored to be reorganizing and consolidating its consumer business group and intelligent automobile solutions business unit under the leadership of Chengdong Yu, CEO of the Huawei consumer business group. The reason for the consolidation could be the overlap between the two departments. The two groups have been integrated at the…Continue Reading

2 of Chase’s Ink business credit cards are currently offering their highest-ever sign-up bonus, worth $750 — but it won’t be available for long

Credit card reviews Best credit cards 2020 Best rewards credit cards Best cash back credit cards Best airline credit cards Best small business credit cards Best 0% APR cards Best balance transfer cards Best student credit cards Best starter credit cards The best online brokerages for beginners The best investment apps The best stock trading…Continue Reading

Overhaul business support with a focus on tech to help SMEs weather the Covid crisis

Delphotostock – stock.adobe.com The more digitally capable businesses have come through the pandemic in better shape – government needs to ensure that UK SMEs have the support in place to use tech to survive Covid-19 By Julian David, TechUK Published: 09 Nov 2020 Covid-19 has been the most monumental challenge for our society and economy.…Continue Reading

Business mystified by govt’s lack of interest in recycling initiative

The country’s biggest bulk wine supplier has begun turning gigantic flexibags into plastic fenceposts but the fencepost manufacturer protests that a lack of government funding is barring the way from doing so much more. A plastic bladder weighing 110kg at a North Island landfill. (file pic) Photo: Supplied Multinational giant Hillebrand spent months trying to…Continue Reading

More than 500 business professors are urging CEOs to denounce Trump

American CEOs have become very vocal about several contentious political and social issues. Just in the past few years, many have advocated for LGBTQ rights and voiced concern for America’s Dreamers. Some have taken heat for embracing gender-neutral bathrooms. Many condemned the travel ban from Muslim countries that US president Donald Trump instituted shortly after he…Continue Reading