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Klaus Fedfelt | Getty Images The coronavirus has marginalized thousands of businesses, but there may be a glimmer of hope for businesses struggling with cash. Businesses affected by the pandemic and lockdowns in the community now need money. One of the best ways to do this is to take advantage of very favorable rule changes …
Continue reading “Companies are turning 2020 purple ink into money with coronavirus tax breaks”
US President Donald Trump and Stephen Hahn, Director of the Food and Drug Administration, attend the daily meeting of the coronavirus task force at the White House in Washington, DC on April 24, 2020. Drew Angerer | Getty Images White House chief of staff, Mark Meadows, has urged the head of the Food and Drug …
The offices of the Internal Revenue Services in Washington, DC Adam Jeffery | CNBC The IRS has signaled that it will bless a workaround that will allow small business owners to bypass the $ 10,000 limit on state and local income tax deductions. Since the Tax Cut and Employment Act went into effect in 2018, …
The Food and Drug Administration is “working fast” to clear Pfizer’s Covid-19 vaccine for emergency use after a key panel overwhelmingly approved the shots on Thursday evening, Commissioner Stephen Hahn said in a statement Friday. “Following yesterday’s positive outcome from the Pfizer-BioNTech COVID-19 vaccine meeting of the Advisory Committee, the US Food and Drug Administration …
Shoppers hold hands at Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Almost 40% of Americans plan to spend less on gifts this holiday season than they did last year. This is the largest percentage since 2013, according to the CNBC All-America Economic Survey. Only 11% plan to …
Continue reading “Many People plan to spend much less this vacation season as Covid lingers”
Drug makers and U.S. regulators plan to start clinical trials in January testing the safety of Covid-19 vaccines in pregnant women and young children, said Dr. Anthony Fauci, director of the National Institute for Allergies and Infectious Diseases. These two groups were excluded from the initial clinical trials of Covid-19 vaccines until researchers were able …
Latino entrepreneurs operate in sectors hit hard by Covid-19 and are less likely to receive PPP loans than white entrepreneurs. However, Hispanic business startups and revenues grew before the pandemic and can rebound with the right public policy and financial support. Getty Images The Latino community was often celebrated for above-average entrepreneurship and business start-ups …
Continue reading “The monetary outlook for the Hispanic small enterprise group in 2021”
Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the 2019 D23 Expo in Anaheim, California on August 22, 2019. Patrick T. Fallon | Bloomberg via Getty Images Disney is doing everything possible to use its streaming services. On Thursday, the …
The pandemic has ravaged small businesses in New York City, and among the fighters are nearly 20,000 street vendors who have lost 70% to 90% of their income, according to a survey conducted in June and September. With these small businesses that are such an important part of New York City barely surviving, Morgan Stanley …
Continue reading “NYC road distributors obtain $ 2 million from Morgan Stanley, Robin Hood”
Lululemon Athletica store exterior, Ponce City Market. John Greim | LightRocket | Getty Images Lululemon reported sales of $ 1.1 billion on Thursday, up 22% year over year, beating analysts’ estimates as shoppers visited the retailer’s stores and website to purchase workout clothes during the reporting period. In North America, net sales increased 19% driven …
Continue reading “Lululemon (LULU) Stories Third Quarter 2020 Outcomes, Income Exceeds Estimates”
