Tag: News

Walmart to hire another 20,000 and other business news

Walmart to hire another 20,000

Walmart said Wednesday it will hire 20,000 seasonal employees who will help pack and ship online purchases at its fulfillment centers as it anticipates more holiday shopping to shift online during the coronavirus pandemic.

Since March, the world’s biggest retailer has hired more than 500,000 employees across its U.S. stores and supply chain to keep up with demand for everything from groceries to hair color and bicycles.

In a news release Wednesday, Walmart said it will stretch Black Friday sales throughout the holiday season and have more deals online, rather than squeezing them into a single day that jams up stores — though it shared few details about specific offers.

“Over the past six months, our customers have been shopping differently, and we expect that will continue into the most important shopping season of the year — the holidays,” said Scott McCall, chief merchandising officer

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R.I. business groups oppose Raimondo’s $29M tax proposal – News – providencejournal.com

Rhode Island businesses are objecting to Gov. Gina Raimondo’s latest budget-plugging plan, which would increase some tax bills during the COVID-19 pandemic.

Raimondo wants to restore a limit on the amount of business losses that can be deducted from state income taxes, after the federal CARES Act coronavirus relief bill eliminated it for the last three years. The increase in deductions allowed by the CARES Act is estimated to cost the state $29 million over two years.

But trade groups, business advocates and accountants say small businesses need all the help they can get to survive losses from the pandemic, not retroactive tax payments.


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“By disallowing this deduction at

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Tucson City Council holds off on business district expansion, keeps transit free through December | Local news



A man enters the Tucson Streetcar at the Tucson Streetcar stop on N. 4th Ave in Tucson, Ariz., on September 23, 2020. Tucson City Council voted to keep public transit free until the end of the year.




The Tucson City Council voted to renew the Central Business District for an additional 10 years Tuesday, but opted to delay expansion discussions as community members continue to express their concerns.

The district was created in 2012 as a way to boost economic development through financial incentives. Businesses located within the district are eligible to apply for up to eight years of property tax abatement, which is called a Government Property Lease Excise Tax, or GPLET.

After a proposal was made to expand the central business district earlier this year, some community members and neighborhood associations scrutinized the incentive process, saying it contributes to the gentrification of

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Ukraine Launches World’s First Virtual Business Country for Creative Economy – Diia City | News

KYIV, Ukraine, Sept. 23, 2020 /PRNewswire/ — Ukraine’s government has launched one of the most promising reforms to create a global IT hub in Ukraine. The project, called Diia City, provides for special digital residency with a particular taxation regime, intellectual property protection and simplified regulations. 

Ukrainian leadership intends to establish a comprehensive, liberal legal framework for the IT industry. President Volodymyr Zelenskyy urged the Cabinet of Ministers of Ukraine to design the legislation for Diia City – the world’s first virtual business country for the creative economy. Diia City implies a step change in current taxation, enforcement and judicial systems.

“The government and IT sector are now working together. We are drafting legislation to support the IT industry. And we assured the IT sector of sustained governmental support; for them, there would be no taxes above 5%. Cause we see Ukraine as a European intellectual hub for

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Retired educator promotes kindness through cards – Business – Monroe News – Monroe, Michigan

“Sending a card is a simple act of kindness that can be done by anyone, anytime,” Kris Hudson said.

For Kris Hudson, making people smile is in the cards – literally.

The recently retired educator is an affiliate with SendOutCards (SOC), a company where individuals and businesses send greeting cards without having to go to the store.

Using an app on a cellphone or computer, SOC is an online service with a catalog of more than 14,000 greeting cards and gives customers the options to add photos or personal messages, so each card is as unique as the person receiving it.

“Sending a card is a simple act of kindness that can be done by anyone, anytime,” Hudson said. “Kindness has been shown to lower stress, lower social anxiety, increase sense of well-being and the list goes on. Study after study all point to the same thing: being kind is

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UL Lafayette listed among best colleges in US News and World Report rankings

LAFAYETTE, La. (KLFY) — The University of Louisiana at Lafayette has been listed among the nation’s top 389 colleges in the 2021 edition of the U.S. News and World Report’s “Best Colleges.”

The annual guidebook assessed 1,452 four-year colleges and universities to help parents and students make decisions about which schools to attend.

UL Lafayette was tied with a host of other schools at No. 154 in the public universities category, and No. 298 in the national universities category. National universities emphasize research and offer bachelor’s, master’s and doctoral degrees. Rankings are compiled based on many factors, including academic reputation, graduation and retention rates, faculty resources, student/faculty ratio, social mobility, ACT/SAT scores of admitted students and alumni giving.

“U.S. News & World Report’s recognition is representative of our learning environment, which attracts academically gifted students who are stimulated by challenging coursework delivered by dedicated faculty members,” said Dr. DeWayne Bowie,

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Harvard Business School, Long Plagued By Diversity Issues, Launches Action Plan For Racial Equity | News

Harvard Business School, following a history of diversity issues in its curriculum and in its classrooms, launched an “Action Plan for Racial Equity” on Wednesday.

Harvard Business School Dean Nitin Nohria announced the initiative in a letter to school affiliates. Nohria cited recent national demonstrations against systemic racism as a motivation for the “action plan.”

“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,” Nohria wrote. “Our Action Plan for Racial Equity reflects our highest aspirations for the School and the role it can play in business and society.”

Students and alumni have criticized the Business School for its lack of racial diversity and representation in curriculum in recent years. As of Fall 2018, only 5 percent of students were Black — a number

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Tucson City Council votes to renew Central Business District, holds off on expansion | Local news



AC Marriott, Tucson

The AC Marriott hotel at 151 E. Broadway Boulevard, located in the Central Business District, is an approved city GPLET project and was completed in 2017.




The Tucson City Council voted to renew the Central Business District for an additional 10 years Tuesday, but opted to delay expansion discussions as community members continue to express their concerns.

The Central Business District was first adopted by the council in 2012 as a way to boost economic development within the city through financial incentives. Businesses located within the designated district are eligible to apply for up to eight years of property tax abatement, which is called a Government Property Lease Excise Tax, or GPLET.

After a proposal was made to expand the central business district earlier this year, many community members and neighborhood associations scrutinized the incentive process, saying it contributes to the gentrification of historic

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Good News For AYR Strategies (Podcast) (OTCMKTS:AYRSF)

Listen on the go! Subscribe to The Cannabis Investing Podcast on Apple Podcasts, Google Podcasts, Spotify, and Stitcher.

By Rena Sherbill

What does it take to succeed and lead in the cannabis industry, primarily the US MSO space? Jon Sandelman, AYR Strategies’ (OTCQX:AYRSF) CEO returns to the show (listen to his earlier appearance here) to give us deeper insights into what it takes to make it in this field and how AYR Strategies has been and is positioning itself to be a Top 5 player.

Topics include:

  • 8:00 – Given Jon’s financial background he knew to be EBITDA and cash flow positive, which wasn’t the focus of most cannabis companies. AYR had to essentially rebuild its business when Covid hit and the 2 states they were in were virtually closed. Jon said last time he was on in May that if they could recover from that,
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Futures Rise Ahead of Business Activity Data; Nike Shines | Investing News

(Reuters) – U.S. stock index futures rose on Wednesday ahead of data that would throw light on the pace of an economic recovery from a coronavirus-driven recession, while Nike was set for a record open after a stunning quarterly earnings report.

Shares of the world’s largest athletic shoe maker

surged 13.2% in premarket trading as its digital sales, especially in North America, helped offset a fall in sales at traditional brick-and-mortar stores.

The Dow constituent was set to drive the blue-chip index <.DJI> higher for a second straight day, clawing back more of the sharp declines from Monday that were driven by fears of another round of lockdowns to contain a global surge in COVID-19 cases.

Doubts about more U.S. fiscal stimulus and growing political uncertainty in the run-up to the Nov. 3 presidential elections have also kept investors from making big stock market bets.

“If we get a second

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