Author Archives: Greg Abbott

Starbucks CEO Howard Schultz in New York City. Steven Ferdman | Getty Images Starbucks is expected to unveil a reinvention plan Tuesday as the coffee giant grapples with changing consumer behavior, outdated store designs and a union push in the United States The strategy is the brainchild of outgoing interim CEO Howard Schultz, who returned …

Continue reading “Starbucks is unveiling its “reinvention” technique at Tuesday’s investor day”

Pavel Toczynski | The image database | Getty Images The US economy is going through one of the most difficult times I’ve seen in my 40-year career. Inflation, labor shortages, supply chain disruptions – all of these are hitting big companies hard and small companies even harder. And so this week at Goldman Sachs’ 10,000 …

Continue reading “What Foremost Road and Enterprise Want from Congress: CEO of Goldman Sachs”

A masked family walks past Cinderella Castle in the Magic Kingdom at Walt Disney World in Lake Buena Vista, Florida. Orlando Sentinel | Tribune News Service | Getty Images Disney’s theme parks are recovering after the coronavirus pandemic closed their domestic and international locations in 2020. Disney’s Parks, Experiences and Products division is growing in …

Continue reading “Every little thing we realized from Disney’s Parks panel at D23 Expo 2022”

For many small businesses, accessing finance can be a matter of life and death. The stakes are particularly high when you consider that 18.4% of US companies fail within the first year, 49.7% after five years and 65.5% after 10 years, according to a LendingTree analysis of US data Bureau of Labor Statistics. One of …

Continue reading “The Eight greatest choices to finance small companies”

The company’s electron rocket carrying the CAPSTONE mission takes off from New Zealand on June 28, 2022. rocket lab The second quarter was a mixed bag for space companies, with some companies making steady progress while others suffered setbacks. Most space stocks, many of which went public through SPAC deals last year, are struggling despite …

Continue reading “Combined efficiency with advances and lags”

The federal government awarded $154.2 billion to small businesses in fiscal 2021, up $8 billion from the previous year, according to Small Business Administration data released Tuesday. That’s a record 27.2% of total federal funding for procurement, beating the government’s target of 23%. “We’re pleased to see that more dollars and a larger percentage are …

Continue reading “Most important Road companies e-book $154 billion in authorities contracts”

This illustrative photo shows Donald Trump’s new social media app Truth Social sparkling on a smartphone on February 21, 2022 in Los Angeles. Chris Delmas | AFP | Getty Images Digital World Acquisition Corp., the SPAC that aims to take former President Donald Trump’s media company public, adjourned its stockholders’ meeting until Oct. 10 to …

Continue reading “Digital World Acquisition Corp has no votes to delay Trump merger”

The U.S. Federal Reserve increased its benchmark interest rate by 75 basis points to a range of 1.5%-1.75% in June — the biggest increase since 1994. Fed Chair Jerome Powell (above) flagged there could be another rate hike in July. Mary F. Calvert | Reuters The Federal Reserve raised its benchmark interest rates by 75 …

Continue reading “Here is what the Fed rate of interest hike means for Principal Avenue”

The logo and commerce icon for Twitter is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City on July 11, 2022. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. UiPath — Shares plummeted 12.9% after UiPath released weaker-than-expected third-quarter and full-year …

Continue reading “UiPath, ChargePoint, Twitter and extra”