Tag: Coronavirus

Central Pa. restaurants opening, somehow, during coronavirus pandemic: ‘I’m definitely nervous’

A global pandemic isn’t stopping customers from picking up authentic Italian pastries at La Bella Sicilia Bakery & Gelateria in Hampden Township.

Over lunch, they buy Sicilian cakes and cookies, too beautiful to eat, and savory items such as ham and cheese calzones and brioche crust pizza made with imported Italian flour.

Originally, owners Giampiero Faraone and Sheri Tolomeo had hoped to open late last year. Plans were derailed and held up yet again due to the coronavirus pandemic, but by spring the pair took the plunge.

“We’ve got to pay the rent anyway, so we opened,” Faraone said “But since the first day, we have been busy. We can’t complain about the business. We are doing good.”

He admits the higher-end bakery gives them an advantage because there’s nothing like it in the area. In six months, he noted they grew the business page’s Facebook audience to 5,500 followers.

Read More

Sweden’s unrowded homes may have slowed coronavirus spread

Four generations of the Garg family live in a four-story building in Delhi, India. In May, Mukul Garg wrote in a blog post that his 57-year-old uncle had gotten the coronavirus, probably after exposure during a routine grocery run. From there, he told the BBC, 10 other family members caught it too, turning his home into a sick ward overnight.

Research shows, unsurprisingly, that household outbreaks like this fuel coronavirus transmission within communities.

“The role of households in overall societal transmission is quite significant,” Yang Yang, a biostatistician at the University of Florida, told Business Insider.

It follows, then, that disparities in household sizes between countries could partially explain their differing outcomes.

Take Sweden, where more than half of households consist of just one person. Roughly one-third of Sweden’s elderly population lives alone, compared to one-fifth of elderly residents in Greece or Spain. Sweden also has a lower proportion of

Read More

Coronavirus Roundup: Military Suicides Increase in 2020; Senate Asks for More Transparency on Small Business Loans

Twenty-one states reported an increase of at least 10% in coronavirus cases on Sunday, compared to the previous week. The majority of these states were in the West. Meanwhile, 18 states maintained steady rates and 11 experienced a decrease of more than 10% of cases, according to a CNN analysis. Here are some of the other headlines from over the weekend and today that you might have missed. 

Sen. Rick Scott, R-Fla., wrote to the Small Business Administration on Friday asking for more transparency on how many loans from the $659 billion Paycheck Protection Program were returned because borrowers were either ineligible or no longer needed them. Scott would like to know what the agency is doing with these returned funds. “We owe it to the American people to be as transparent as possible about how their money is being spent, and we must do everything in our power to

Read More

Coronavirus layoffs send middle-class workers to lower-wage jobs

Californians need income and fast. Thousands of people who weathered the initial storm of pandemic shutdowns have started the hunt for new work. Faced with the most unforgiving job market in recent history, many are turning to the few industries hiring. Often, they’re the ones on the front lines.

A record number of Californians — more than 8 million — have filed first-time unemployment claims since March. The lucky ones managed a lateral career switch without too much financial damage, but as personal savings and emergency unemployment benefits run dry, an increasing number of middle-income and white-collar workers can’t afford to wait for their old jobs to return.

“There’s so many overqualified people who’ve lost their jobs applying,” said Debra Feleke, the hiring manager for a Safeway district that includes 21 stores in Alameda and Contra Costa counties. “Professors, I’ve had people with doctorates and masters. It’s really quite astounding.”

Read More

Chicago Announces Eased Coronavirus Business Restrictions

CHICAGO — Mayor Lori Lightfoot on Monday announced eased coronavirus restrictions on city businesses including boosting indoor occupancy levels for restaurants and health clubs.

“Over the past six months, we have asked so much of our business community. But each time, our businesses have stepped up to the plate,” Lightfoot said. “Thanks to this cooperation, we have met this challenging moment with grace, commitment and resilience, and the sacrifices made by our businesses, workers and residents have saved countless lives. This next step in our reopening is good news for business owners as well as the communities they serve and the thousands of residents that work for them.”

The changes come as city public health officials say more than 28 days of slow decreases in coronavirus cases and the COVID-19 test positivity rate. As of Monday, Chicago public officials say the city is averaging about 300 new coronavirus cases per

Read More

UK chancellor extends coronavirus schemes deadline

  • The UK Chancellor has extended the deadline for all four government coronavirus support schemes.
  • The government also announced that the BBLS and CBLILS can be repaid over 10 years rather than six.
  • Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry with the Fintech Briefing. You can learn more about subscribing here.

The UK Chancellor of the Exchequer has extended the deadline for all four government support schemes to the end of November, Crowdfund Insider reports.

Areas UK SMBs would like the government to focus on over the next five years

UK government extends coronavirus support schemes for small businesses.

Business Insider Intelligence

The Coronavirus Business Interruption Loan Scheme (CBILS), the Coronavirus Large Business Interruption Loan Scheme (CBLILS), the Bounce Back Loan Scheme (BBLS), and the Future Fund provide small- and medium-sized businesses (SMBs) with access to government-guaranteed loans amid the pandemic.

The government also announced that the BBLS and CBLILS can be repaid over 10 years rather than six, and

Read More

Michigan House legislators ponder business and personal tax exemptions for coronavirus PPE

The Michigan House of Representatives took its second tentative steps to eliminate sales taxes on COVID-19 personal protection equipment for Michigan businesses.

If approved as currently amended, a package of bills would render all businesses expenses for PPE retroactive to March 10, the day Gov. Gretchen Whitmer declared a public health emergency, and sunset on Dec. 31, 2021.

The House Tax Policy Committee heard arguments Tuesday for and against House Bills 6033, 6034 and 6035. The three bipartisan bills were introduced on July 23.

HB 6033 would amend the 1937 General Sales Tax Act to allow an exemption for costs incurred by employees for the purchase of PPE and equipment required as a condition of employment. The bill is sponsored by Rep. Michael Webber, R-Rochester Hills.

HB 6034, also sponsored by Webber and Rep. Jim Lilly, R- Park Township, would amend the 1937 Use Tax Act by exempting PPE

Read More

Hot Runners Market Coronavirus Pandemic: Short and long-term actions taken by Key Player? Fortune Business Insights

The MarketWatch News Department was not involved in the creation of this content.

Sep 22, 2020 (The Expresswire) —
The global hot runners market is expected to rise with an impressive CAGR and generate the highest revenue by 2026.Fortune Business Insights™ in its latest report published this information. The report is titled “Hot Runners Market Size, Share and Industry Analysis, By Type (Open Gate Hot Runners, Valve Gate Hot Runners), By Industry (Consumer Goods, Medical, Packaging, Automotive, Others) and Regional Forecast, 2019-2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product and their pricing by region/country for all major companies.

For more information, Get sample pdf @https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/hot-runners-market-101652

The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market

Read More

Sourdough baking during coronavirus lockdown sparks bakery business in Jackson

JACKSON, MI — When much of the U.S. started staying at home because of the COVID-19 pandemic in March 2020, and baking sourdough bread became the hobby of the hour, Aaron Cole was ahead of the curve — his culture was already going strong.

In fact, he’d baked enough for he and his wife to wonder if they should slow their carb intake. Not wanting his sourdough to go to waste, Cole asked on Facebook if anyone wanted the bread. Interest was garnered in minutes. People soon asked how he got his sourdough to be that good — they couldn’t even get their starting cultures right.

So DoughNation Bakery was born.

Six months later, a passion for baking and an entrepreneurial spirit brings Cole and his new bakery business to Fortress Coffee and Cafe in Jackson three days a week to sell whatever comes out of his garage-turned-bakery. Beyond sourdough,

Read More

Is it insane to start a business during coronavirus? Millions of Americans don’t think so

The 22-year-old in Haviland, Kan., opened Lela’s Bakery and Coffeehouse on Sept. 12, naming it after her grandmother. It has been busy every day since, she said. “It just felt like the right thing to do,” Ms. Schneider said.

Americans are starting new businesses at the fastest rate in more than a decade, according to government data, seizing on pent-up demand and new opportunities after the pandemic shut down and reshaped the economy.

Applications for the employer identification numbers that entrepreneurs need to start a business have passed 3.2 million so far this year, compared with 2.7 million at the same point in 2019, according to the U.S. Census Bureau. That group includes gig-economy workers and other independent contractors who may have struck out on their own after being laid off.

Roaring back

View Full Image

Roaring back

Even excluding those applicants, new filings among a subset of business owners who tend

Read More