Several business and government leaders were honored June 28 by the Los Angeles County Business Coalition (BizFed) at the 2nd Annual Bizzi Awards held at the Japanese American National Museum in Los Angeles. The federation represents more than 215 business associations, 410,000 employers, and more than 5 million employees throughout the Southern California region. “We…
Southern California Leaders Honored by Business Group at Bizzi Awards
July 7, 2023
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Harris Announces $1.7 Billion for Businesses in ‘Underserved’ Communities
The Biden administration on April 10 announced a $1.7 billion grant program aimed at helping small businesses in underserved communities access the capital and financing services they need to recover from COVID-19 pandemic lockdowns. Vice President Kamala Harris unveiled the program during a news conference alongside Deputy Treasury Secretary Wally Adeyemo where she called small businesses “the backbone” of the…
Fed’s Jefferson: Stress Among Small, Regional Banks, Could Hit Small Businesses Hardest
March 28, 2023
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LEXINGTON, Virginia—The shuffling of deposits from small to large banks could have a disproportionate impact on U.S. small businesses that depend heavily on community and regional financial institutions for credit, Federal Reserve Governor Philip Jefferson said on Monday. “We are focused on the macroeconomy but we are aware … that there are potential distributional aspects,”…
Democrat Policies to Burden American Businesses With Higher Taxes This Year
January 24, 2023
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Businesses in the United States are set to face a bigger federal tax burden in 2023 due to Democrat policies and the phasing out of Republican tax overhauls, combined with an expected raise in corporate minimum tax for billion-dollar companies. The Inflation Reduction Act (IRA) included several changes due to which businesses will face higher…
J&J May Eye Deals That Boost Eye Care, Surgical Robots Businesses: CEO
Johnson & Johnson will look for opportunities to merge with or acquire firms that add value to its focus areas of eye care, surgical robots, orthopedics and cardiovascular products, the company’s Chief Executive Officer Joaquin Duato said on Monday. The healthcare giant is in the process of spinning off its consumer healthcare business under the…
The Financial Cost of Scrubbing the Market of a Bad Brand Ambassador
As a business continues to grow and increase profits, it is essential to expand its brand. They need more people to see the company and its potential for profitability. Marketing a business correctly to attract a large audience is crucial. Many companies turn to brand ambassadors to help them get their products or services seen…
UK Announces Plan to Cut Energy Bills for Businesses by Half
The UK government will pick up nearly half of the soaring energy bills of British businesses to ensure they do not go bust, ministers have announced. Business Secretary Jacob Rees-Mogg announced a new Energy Bill Relief Scheme, which will provide a discount on wholesale gas and electricity prices for all non-domestic customers, including all UK…
US Business Group Says Members See Limited Impact From Taiwan-China Tensions
TAIPEI, Taiwan—Most members surveyed by the American Chamber of Commerce in Taiwan said they had not been significantly affected by recent Chinese military drills around the island, but had heightened concerns, the group said on Friday. The Chinese communist regime, which claims Taiwan as its own territory, has been carrying out the war games and…
US Business Inventories Increase Solidly in June
WASHINGTON—U.S. business inventories increased strongly in June amid signs of a large buildup of stocks in the retail sector despite a pickup in sales. Business inventories rose 1.4 percent after advancing 1.6 percent in May, the Commerce Department said on Wednesday. Inventories are a key component of gross domestic product. June’s increase was in line with economists’…
DAOs Are the Future for Business, Here’s Why
Article by Ryan Boder You have probably heard about decentralized autonomous organizations (DAO) by now, which have become a dominant force in the news and have emerged in various industries. They have emerged in the blockchain, sports, politics, and entertainment industries. DAOs unite people around a common goal or interest. If looked at more closely, DAOs show how large groups…
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