Tag: stories

Rising from pandemic, the business success stories of tomorrow?

On Feb. 16, Marissa and Adam Goldstein launched Rafi Nova, a company selling backpacks for adventure travelers. Sustainably sourced, using textiles woven by Hmong women in Vietnam paid at a fair-trade rate, the backpacks might have been a thing. But the pandemic hit and domestic and international travel ground to a halt.

“Nobody was even leaving their house, let alone buying a $230 travel pack,” says Ms. Goldstein, whose business is in Needham, Massachusetts. “We probably launched a travel fashion company at the worst time in history.” 

With few sales and no money left, the couple decided they at least could put their Vietnamese factory partners to work making face masks, which they could donate to front-line workers in the United States. “It wasn’t a business opportunity,” Ms. Goldstein says. “It was out of a sense of service.”

Then family and friends started asking if they could buy some of

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Biggest healthcare stories for the week ending September 25

Hello,

Hope you all had good weeks! I celebrated the eighth birthday of my dog, Junior. (Photos here of him with his present, because we could all use more dog photos in our lives these days). 

I also spent time reflecting on Tuesday’s news that the pandemic has killed at least 200,000 people in the US.

Reporter Jose Pagliery on Twitter reminded me of where that stacks up with the initial projections hospitals were using way back in February. At the time, one expert’s best guess was that there would be 96 million cases in the US and 480,000 deaths. Reading those estimates at the time provided some gravity to what was about to hit the US.  

Roughly seven months from when that presentation was given, we’re at 200,000 deaths and 7 million confirmed cases in the US. 

Before I get into this week’s top stories:


Trump NIH NIAID coronavirus vaccine

Deputy Director

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Williston Economic Development, Small Business Development Center celebrate partnership | Local News Stories

The Williston City Commission approved a Williston STAR Fund Community Growth/Build grant for the Small Business Development Center, a component of Williston State College.

This grant, which was approved for up to $45,000, marks the sixth anniversary of the City of Williston’s partnership with the SBDC. The partnership began in 2015 when Williston Economic Development, the SBDC and the Tri-County Regional Development Council (TCRDC) launched a plan to be housed under one roof at the City of Williston Center for Development.

The Center for Development is also home to the Williston Convention and Visitor Bureau, Williston Development Services, Williston Building Safety and Williston Planning and Zoning. This “one-stop shop” for community development services has served the community by helping hundreds of local entrepreneurs start, manage and grow their businesses during the past five years.

“Everyone under one roof is a winning formula,” WED Executive Director Shawn Wenko said in a

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Here are the top finance stories of the day for September 16

Happy hump day.

Wall Street’s attempt at returning to some form of normalcy has already hit its first roadblock. 

JPMorgan had to send some employees home after someone on its equities trading team tested positive for the coronavirus, as reported by Bloomberg.

It was difficult timing for Wall Street’s biggest bank, as its chief executive, Jamie Dimon, had just finished speaking at a conference about the importance of returning to work and reopening cities.  

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Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco


Michael Corbat

DAVOS 2016; World Economic Forum — Pictured: Michael Corbat, CEO of Citigroup, in an interview at the annual World Economic Forum in Davos, Switzerland, on January 21, 2016 — (Photo by:

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Here are the top finance stories of the day for September 14

Welcome back!

Last week was an absolute whirlwind of big news, and that was only a four-day work week. I can only imagine what this week has in store for us. 

If you’re not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.

Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco


jcpenney store

An empty shopping cart sits in front of the J.C. Penney department store in North Riverside, Illinois, U.S., November 17, 2017.

REUTERS/Kamil Krzaczynski/File Photo


Great scoop over the weekend out of Daniel Geiger regarding a possible new entrant into the plan to save JCPenney. 

Authentic Brands Group, which is home to brands such as Nautica, Spyder, Vince Camuto, and Nine West, is in talks to join the planned rescue of JCPenney that is currently

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Top business stories of the week: Mendelsons closing delayed

Mendelsons Liquidation going-out-of-business sale will last through the end of the year after delays and slower-than-expected sales caused by COVID-19.



a man standing in front of a counter: Bill McKelvey, from West Liberty, shops at Mendelsons Outlet Store downtown on First St. Monday August 31, 2020. Mendelsons originally was supposed to shut down and vacate by September.


© JIM NOELKER
Bill McKelvey, from West Liberty, shops at Mendelsons Outlet Store downtown on First St. Monday August 31, 2020. Mendelsons originally was supposed to shut down and vacate by September.

Open since 1960, Mendelsons originally was supposed to shut down and vacate its massive outlet building at 340 E. First St. Tuesday (Sept. 1) as new ownership prepares to redevelop the property into a mix of apartments, retail and restaurants.

The outlet lost two months of selling because it had to close as part of the state’s lockdown to combat the spread of the virus, and the business isn’t selling its products as quickly as it would have under normal circumstances because of the public health crisis and the poor economy, said owner Sandy Mendelson.

Dublin-based real

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