President Joe Biden’s performance among small business owners has taken a nosedive, with the quarterly CNBC/SurveyMonkey Small Business Survey revealing a fresh low in his approval. The economy’s small business confidence, however, is showing a slight rebound in the fourth quarter. At the heart of this is a clear divide in economic perception between Republicans …
One month after the commencement of Russia’s invasion of Ukraine, Vladyslav Lysenko found his egg warehouse near Kyiv destroyed and occupied by Russian soldiers. However, instead of despairing, Lysenko saw an opportunity to pursue his lifelong dream of opening a restaurant. He met Ukrainian “MasterChef” finalist Ivan Kozyr while assisting internally displaced people and together, …
Hawaii’s economy has experienced significant losses, estimated between $4 billion and $6 billion, as a result of the devastating wildfires that ravaged several regions of Maui this month. The Lahaina conflagration and Kula wildfires, which occurred in early August, burned approximately $2.5 to $4 billion worth of insured properties in the state, according to risk-modeling …
I believe it’s crucial to highlight the significance of my feedback. In recent weeks, I have been bombarded with desperate requests for feedback from various companies. For instance, Amazon asked for my recommendation based on my experience with their returns process. They even asked me to rate the delivery of the pillow insert I was …
Progressive insurance, known for its distinctive commercials featuring Flo, is facing a lawsuit accusing them of engaging in “patently unlawful” racism. The lawsuit, filed on behalf of Nathan Roberts, owner of Freedom Truck Dispatch, alleges that Progressive discriminated against non-black small-business owners by offering a $25,000 award exclusively to black-owned businesses for the purchase of …
If you choose to swim with sharks, prepare for a plunge into the deep end. This valuable lesson has been learned by countless entrepreneurs who have left “Shark Tank” feeling disheartened, shattered, and completely dismissed by the likes of Kevin “Mr. Wonderful” O’Leary (who famously says, “You’re dead to me”). Not only are they emotionally …
WeWork, once valued at $47 billion, is now expressing “substantial doubt” about its ability to remain operational in the next year. The company cites factors such as financial losses and the need for cash as significant concerns. In premarket trading, WeWork’s shares dropped 11% to 19 cents following the announcement made by the office-sharing company …
Running a business can be demanding and challenging, especially in the aftermath of a global pandemic. Ivan Gedz, owner of Union Local 613, a restaurant in Downtown Ottawa, understands this all too well. To alleviate the financial strain caused by the pandemic, Gedz is hoping that Ottawa Pride, taking place in late August, will help …
Krysten Wagner, a Los Angeles-based influencer on TikTok, is facing criticism for promoting a face mask priced at $50 in her videos. Despite the backlash, Wagner defends herself by stating that she genuinely likes the product and has no affiliation with the brand. She also mentions that TikTok has transformed into a shopping app, allowing …
With the summer hiring market heating up, small and seasonal businesses are facing a challenge in recruiting teenage workers to fill roles. According to outplacement firm Challenger Gray, teens are expected to gain 1.1 million jobs in 2023, which is slightly lower than the previous year and the lowest forecast since 2011. While the firm …