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Author: Davide E
Officials from the U.S. Small Business Administration made several stops in Iowa. The first part of the visit was meeting with Iowans affected by this spring’s severe storms. The agency is working to help business owners recover from deadly tornadoes and floods. Officials were also here to celebrate National Black Business Month and stopped by Black & Bold Specialty Beverages, the first nationally operated black-owned coffee company. This is just one of many businesses the agency has supported that are now thriving, according to the agency. “It’s a great success story in Iowa, and we’re using this as an example…
Alice Walton, daughter of retail icon Sam Walton, is now worth more than $95 billion for the first time, according to the Bloomberg Billionaires Index, as Walmart Inc. shares surge 44% this year to a record high, adding $25 billion to her net worth this year.By contrast, Françoise Bettencourt Meyers, granddaughter of L’Oreal founder Eugène Schueller, has seen her fortune fall by $10 billion this year to $90 billion, reflecting a 13% drop in L’Oreal shares since January.The situation was different at the end of last year, when Bettencourt Myers was worth $100 billion and Walton was worth just $70…
The Philippines said China repeatedly fired flares at its aircraft over the South China Sea last week.In one incident, a Bureau of Fisheries and Aquatic Resources patrol aircraft was conducting a “maritime situational awareness flight” on Thursday when it was threatened by flares fired from a Chinese island base, according to a statement from the West Philippine Sea National Task Force shared with X by Philippine Coast Guard spokesman Jay Tarriera.The statement said the plane spotted the flares while flying near Zhaobi Reef, a “militarized” island in the disputed Spratly Islands.A similar incident occurred on Aug. 19, when a Chinese…
Business leaders couldn’t believe their ears: Within days, two presidential candidates were backing a policy that would solve one of their biggest pain points, without any cost. When former President Donald Trump and Vice President Kamala Harris proposed eliminating the tip tax, they saw it as an easy way to give employees a well-deserved raise. Fortune spoke to several business owners whose employees earn a portion of their pay through tips, and all of them welcomed the proposal because it would benefit their employees. “I might be a unicorn here, but I’m committed to helping my employees make as much…
First-timers often opt for shorter voyages, but not Kannen and Bodine, who call themselves “all-in types,” whose maiden voyage lasted more than two weeks.”Most people said they would get bored of being on the ship after three, four or five days,” Bodine recalled. “After 16 days, we didn’t want to leave.”However, as much as they enjoyed the experience, it would be their last vacation at sea – cruising was not the couple’s greatest passion, and they preferred traveling the world.That was until this spring, when Kannen and Bodine, both 54, uprooted their lives on the Hawaiian island of Maui for…
One man was killed and two others were injured in a shooting early Saturday morning. Kansas City, Missouri, police received a report of shots fired in the area of 39th Street and Central Avenue just before 3:30 a.m. Officers arrived on scene to find the first victim; he died before reaching a hospital. Officers later learned another man and woman injured in the shooting went to the hospital to be treated; they are expected to survive. Police say the three victims were part of a group that had gathered outside the store just before the shooting began. Anyone with information…
This essay is based on a conversation with Ruth Fuhrman. It has been edited for length and clarity.At 57, I continue to work as the president of my own public relations and digital communications firm after my husband, Michael, retired, and intentional communication and flexibility have helped us navigate our relationship.In 2001, I was laid off from my consulting position due to a company restructuring. I took the layoff personally because I had thought I would be there forever. After I was laid off, I received job offers from other companies, but I knew none of them would give me…
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Two former OpenAI researchers have spoken out against the company’s opposition to SB 1047, a California bill that would implement strict safety protocols, including a “kill switch,” in AI development.In a letter to California Governor Gavin Newsom and other lawmakers that was first published by Politico, the former employees wrote that OpenAI’s opposition to the bill was disappointing but not surprising.”We joined OpenAI because we wanted to ensure the safety of the incredibly powerful AI systems they were developing,” researchers William Sanders and Daniel Kokotajiro wrote in the letter, “but we are leaving OpenAI because we have lost confidence that…
Haven Road at Clemmons in Winston-Salem. This weekend the 11th annual Triad Minority and Women’s Business Expo is taking place. The event recognizes the impact small and minority-owned businesses have on the local economy. The expo is free and open to the public. Tonight was the Expo Awards Gala. Our own Kara Peters was one of the hosts. Tonight WXII 12 General Manager Michelle received the Winston-Salem Business Advocate Award. The expo runs from 11 a.m. Saturday through Friday. 11th Annual Triad Minority & Women’s Business Expo to be held on August 24th Updated: August 23, 2024 at 11:14 PM…