Day: October 9, 2020

The Capital Letter: Week of October 5

Call me crazy, but I’m not convinced that the latest round of talks on a new stimulus package are going as well as they might be.



a traffic light on a city street at night


© James Lawler Duggan/Reuters


Bloomberg:

President Donald Trump and House Speaker Nancy Pelosi questioned each other’s mental faculties, showcasing increasing partisan tensions as Election Day looms.

“The president is, shall we say, in an altered state right now, so I don’t know how to answer for his behavior.,” Pelosi said in an interview on Bloomberg Television Thursday.

The Democratic leader also called Trump’s changing positions this week on whether to let his administration conduct talks on fiscal stimulus “strange.” Trump pulled his team from negotiations Tuesday, prompting Pelosi to suggest to colleagues that day that Trump’s thinking might have been affected by the steroids he’s taken to battle his Covid-19, Bloomberg has reported.

“The disassociation from reality would be funny if it

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Bright idea? Co-op helps home and business owners determine whether solar energy is a good fit

YORK COUNTY, Va. (WAVY) — Friday was a sunny day in Hampton Roads, just like three out of every five days throughout the year. People who are converting to solar are leveraging that fact to save money and help the environment.

The science of solar appeals to homeowner Gwyn Williams, a scientist himself. He powers his 1850 farmhouse in Yorktown with 21st century technology.

“There’s $100 worth of energy that lands on that roof every month from the sun, so the question is, can you harvest it?” Williams said.

For him, the answer to that question was the co-op known as Solar United Neighbors. That’s where he learned about solar, finding an installer, and the new meaning for the term “purchasing power.”

“They can gather about 60 customers at once, so you get volume discounts on panels,” Williams said.

Williams used to pay $5,000 a year for heating oil

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Dow closes 160 points higher, posts best week since August as investors monitor stimulus talks

Stocks rose on Friday to end their best week in months as President Donald Trump signaled support for a bigger coronavirus aid package. 

The Dow Jones Industrial Average closed 161.39 points higher, or 0.6%, at 28,586.90. The S&P 500 gained climbed 0.9% to 3,477.13. The Nasdaq Composite advanced 1.4% to close at 11,579.94.

Microsoft and Salesforce led the Dow higher, rising 2.5% and 2.2%, respectively. Consumer discretionary and tech were the best-performing S&P 500 sectors, advancing more than 1% each. 

For the week, the Dow jumped 3.3% and posted its biggest one-week gain since August. The S&P 500 and Nasdaq were up 3.8% and 4.6%, respectively, for the week. Both benchmarks had their best weekly performance since early July. 

Trump tweeted on Friday that “Covid Relief Negotiations are moving along. Go Big!”

CNBC’s Ylan Mui reported the administration has raised its offer for a new aid package to $1.8 trillion

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Harvard Business School Launches Action Plan for Racial Equity


Harvard Business School – long critiqued for its lack of minority representation – launched an action plan for racial equity on Sept. 23, as universities across the country engage in an ongoing national reckoning with racism.

“The horrifying murder of George Floyd, and an all too long history of similar injustices, has spurred our collective awakening to the grave and continuing systemic racism in the United States that creates unacceptable, even dire inequities for our Black community members,” wrote Harvard Business School Dean Dr. Nitin Nohria in a statement. “This moment has made urgently clear that the School must redouble its commitment to combat racism—and anti-Black racism in particular—to create meaningful and enduring change that will enable every member of our community to thrive.”

In July, a taskforce of 25 staff, alumni and students came together to create a seven-layered plan. In it, the school

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Experts share insights on business strategies during social upheaval

Alongside the discussions around how the pandemic is changing consumer behavior, how to solve the current inventory shortage and how the economic forecast for 2021 is shaping up, was a conversation much bigger than mortgage and these boom times. It was a conversation focused on how lenders and companies can – and should – create a business strategy during social upheaval. 

Moderated by Adam Constantine, owner and CEO of Ace Creative, the HousingWire Annual panel featured Trina Scott, chief diversity officer at Rock Ventures; Montell Watson, director of corporate strategy at Movement Mortgage; and Kenon Chen, executive vice president, corporate strategy at Clear Capital. Together, the four panelists engaged in a candid conversation on how they and their company executives have responded to the global pandemic and social unrest following the murder of George Floyd by police in Minneapolis.

While I would encourage everyone to check back

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Yelp flags restaurants accused of racism, raising concerns

Now Yelp, the platform that has more than 200 million crowdsourced reviews, announced Thursday that it will start flagging businesses that have been accused of racism, a new practice that some critics say could be abused by users.

In a blog post by Noorie Malik, the vice president of user operations, Yelp announced it will affix a “Business Accused of Racist Behavior” alert on accounts only when there is “resounding evidence of egregious, racist actions from a business owner or employee, such as using overtly racist slurs or symbols.” The alert will always be accompanied by a link to a news story from a credible media outlet, Malik wrote.

“As the nation reckons with issues of systemic racism, we’ve seen in the last few months that there is a clear need to warn consumers about businesses associated with egregious, racially-charged actions to help people make more informed spending decisions,” Malik

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5 Ways to Power Your Life and Business Through Consciousness Leadership

Today’s business environment has changed. And if you fail to move with the tide, you’ll be left on the shores of failure and bankruptcy. What’s this change sweeping over the business world?



a woman talking on a cell phone


© Thomas Barwick | Getty Images


Consciousness.

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In its simplest form, consciousness is being aware of yourself, your surroundings, and the world at large. Conscious leaders are not only in tune with themselves, they have to be in tune with their customers’ needs. When you can understand what the world needs from you, then you can start building a solution and creating a profitable business out of it.

Conscious leadership

Consciousness is not a new concept in business. It’s been around for some time, taking a backseat to inventions and innovation. Today, however, consciousness is once again enjoying a resurgence. As much as technological advancements may take us into the future, it’s consciousness that may keep

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Girl Scouts of Central Indiana launches new business model

TERRE HAUTE, Ind. (WTHI) – The Girl Scouts of Central Indiana is launching a new service model.

CEO Danielle Shockey says this is a new community-centric model to serve their members more conveniently.

The organization will save around $312,000 annually with the new model.

Shockey says this will be reinvested back into Girl Scouts programming and camps.

She adds this move just made sense to better service their members.

“This new model takes really a two-pronged approach at getting our staff, but more than our staff, our resources, to more girls and more families way closer to them,” Shockey told us.

She says the current Girl Scouts office in Terre Haute will remain, but field staff will also be working out of the Launch Terre Haute location.

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15 Virtual Art Classes Online to Spark Your Imagination This Month

Artist Painting

Photo: Stock Photos from Vientocuatroestudio /Shutterstock
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The year 2020 has been a challenging one—that’s for sure. As our lives continue to move more online, e-courses have become the norm for everything from general schoolwork to special subjects. But when it comes to creative online learning, this field is nothing new. There are thousands of virtual art, photography, and craft classes all at your fingertips. And while it’s great to have so many choices, this can feel totally overwhelming. Wondering where to start? Let us help with that!

We’ve scoured sites like Creativebug, Skillshare, and CreativeLive and selected 15 of our favorite online classes to try for October 2020. They run the gamut; from how to create compelling photography using your iPhone to starting Procreate

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Bethenny Frankel Shares How Speaking Up As A Woman In Business Pays Off

Businesswoman, philanthropist, and television personality Bethenny Frankel is known for her bold and outspoken nature. Over the years, she has taken many calculated risks as an entrepreneur, investor, and lifestyle influencer. One of the best ‘risks’ has been speaking up as a woman in business. Now with much success, Frankel has taken on a new venture as the host of the “Just B with Bethenny Frankel” podcast which takes a nontraditional approach to business and lifestyle conversations with business luminaries.

To date, Mark Cuban, Television personality, Entrepreneur, and Owner of the Dallas Mavericks; Bozoma Saint John, Chief Marketing Officer of Netflix; and Paris Hilton, Entrepreneur & DJ have joined Frankel on her show.

When it comes to speaking up, Frankel said that there are many ways to do business. Being fearless in her decision making and advocating

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