Tag: biz

New business licenses decline in Horry County; SC small biz chamber says it’s a ‘crisis’ | Myrtle Beach Area News

A new study from the S.C. Small Business Chamber of Commerce shows new business licenses for Horry County are down 31 percent from April to July of this year compared to the same time last year.

The state is equally down 31 percent during the same period.

The S.C. Small Business Chamber of Commerce President and CEO Frank Knapp Jr. told The Post and Courier that more financial help is needed on the federal level to help rebound from this crisis.

In Horry County, from April 2019 to July 2019, there were 1,003 new business licenses, according to the study. In 2020 between the same months, there were 692 — a difference of 311 and the second-largest decline among South Carolina’s largest counties behind Richland.

Locally, Karen Riordan, president and CEO of the Myrtle Beach Area Chamber of Commerce, said the COVID-19 pandemic has naturally impacted new and existing businesses

Read More

State regulators say COVID-19 biz fines, rules still in place

State regulators say citations they’ve issued to businesses for non-compliance with COVID-19 rules will not be rescinded, even in light of a Michigan Supreme Court decision upending Gov. Gretchen Whitmer’s executive orders back to April 30. 

What’s more, employers must still comply with workplace safety protocol provided by the Centers for Disease Control and Prevention, public health guidance and the federal Occupational Safety and Health Administration, said Sean Egan, director of COVID-19 Workplace Safety. 

“MIOSHA will continue to operate within its statutory authority to protect Michigan’s workers and keep workplaces safe,” Egan said. 

The Michigan Supreme Court on Friday was unanimous in ruling Whitmer had no authority under a 1976 emergency law to extend her emergency declaration past April 30 without approval from the Legislature. 

The court split 4-3 in ruling finding that a separate law Whitmer was using to issue executive orders, the 1945 Emergency Powers of the Governor

Read More

After governor questions Bengal biz summits, govt says 50% proposals in implementation mode

File image of West Bengal Chief Minister Mamata Banerjee and Finance Minister Amit Mitra | Photo: ANI
File image of West Bengal Chief Minister Mamata Banerjee and Finance Minister Amit Mitra | Photo: ANI

Text Size:

Kolkata: Responding to the questions Governor Jagdeep Dhankhar raised about the Bengal Global Business Summits (BGBS), the state’s Finance, Industries and Commerce Minister Amit Mitra has said nearly half of the total investment proposals received by the Mamata Banerjee government since the first summit in 2015 are now in ‘implementation mode’.

The BGBS is a flagship event organised by the Trinamool Congress government annually to attract investment to West Bengal, but this is the first time the government has given out official data about the outcomes of the summit.

Governor Dhankhar had written two letters in August — one to Mitra on 8 August and the other to CM Mamata Banerjee on 25 August — seeking details of investment proposals received through the BGBS, their implementation

Read More

IIM Ahmedabad, Bangalore climb ranks in FT Masters biz school rankings 2020

Indian Institutes of Management (IIM) Ahmedabad, Bangalore and Udaipur improved their performance in the Financial Times Masters in Management (MiM) Rankings 2020 for their flagship two-year Masters in Business Administration (MBA) programmes. IIM Calcutta fell four spots.

IIM Ahmedabad climbed one spot from 21st rank last year to 20th rank this year, with IIM Calcutta securing 21st rank after falling from 17th position last year. At 36th position, Bharatiya Vidya Bhavan’s S P Jain Institute of Management & Research (SPJIMR) became the only privately run Indian B-School in the top 50 ranks in the FT MiM Rankings 2020.

IIM Bangalore shared the 36th position with IIM Ahmedabad, rising from 44th rank last year. IIM Udaipur climbed four places from last year’s 76th rank to 72nd rank this year.

ALSO READ: IIM-A, IIM-B slip 10 positions on QS Global MBA Rankings 2021

Read More

Biz tip of the week: How collaborating can help everyone win | Business News

In last week’s article, we discussed a collaborative process for group decision making, where everyone feels like a winner. This week we will consider a hypothetical case study to see how it works.

Mike’s Moving (hypothetical business) had 400 employees, including office staff, warehouse and delivery drivers. The employees had not received a pay increase in several years, and now they were demanding one.

Management and staff met to discuss the problem, and to identify their primary interests. After some discussion, they realized they wanted essentially the same thing. The staff wanted enough money to feel financially secure. The company wanted to be profitable and sustainable.

Transparency is important in collaborative negotiations, so management opened their financial statements. The employees could see there was not enough profit to support a pay raise. It cost a lot more to run the business than the employees had imagined.

While discussing the various

Read More

Sarah Jessica Parker joins fed up biz leaders in de Blasio feud

Even Carrie Bradshaw has had it with Bill de Blasio!

“Sex and the City” star Sarah Jessica Parker, who started her own SJP shoe and accessories business in New York, joined the list of dozens of top business executives beseeching Gotham’s elected leaders to up their efforts to bolster the coronavirus recovery and tackle mounting qualify of life concerns.

But this time, the bold-face business names sent their letter on Friday to Gov. Andrew Cuomo — as well as Mayor de Blasio — after receiving the brushoff from Hizzoner last week.

“As the first place in America to be struck hard by the coronavirus and the first to successfully manage its containment, New York should step up to chart the course for recovery of urban centers everywhere,” the letter from the Partnership for New York City says.

“We urge you to convene a multi-sector leadership initiative, which can call upon

Read More

Kanye West Compares Music Biz and NBA to Slavery, Taylor Swift Roped In

Read More

Lanka yet to forward serious biz proposal to China

Sri Lanka is yet to put across a serious business proposal to reap economic benefits from China, said new Sri Lankan Ambassador to China, Dr. Palitha Kohona in a special interview with the Daily News.

“My priority would be to change this lethargic and unprofessional attitude and have a structured approach that will allow not only Sri Lankan business to flourish in China but a wider spectrum of Sri Lankan products to move to the shelves of Chinese super markets.

. “See Sri Lanka’s export catalogue to China, it’s still the traditional tea and few products. This is absurd and I have to ask what the authorities were doing not to include more products from Sri Lanka to Chinese market. I want to create opportunities and not deals that usually don’t work.”

The vice Versa meaning, ‘more Chinese companies should come invest and do business in Sri Lanka’, aspect too

Read More