Author: Davide E

Beerlein issues warning about outlook for small businesses in latest report With significant minimum wage and paid sick leave measures set to take effect in February, State Representative Matthew Bierlein today expressed great concern about Michigan’s employment situation and how workers, business owners and the economy will be affected in the long term. A recent decision by the Michigan Supreme Court increased the minimum wage and ultimately eliminated the tip deduction for waiters, bartenders, and other workers who often earn more from tips than they earn at the higher minimum wage. In 2018, the Michigan Legislature took the necessary steps…

Indian food delivery and quick commerce company Zomato plans to expand its efforts in helping Indian consumers find and buy movie, sports and event tickets. Zomato plans to achieve this by acquiring Indian payments and financial services distribution company Paytm’s entertainment ticketing business, the company said in a statement on Wednesday (August 21). Zomato expects the transaction to close during the current quarter, subject to completion of closing conditions, according to the statement. According to the announcement, once the transaction is complete, the ticketing business will continue to operate on the Paytm app for up to 12 months during which…

A new $5 million grant program is aimed at supporting nonprofits helping small businesses and communities affected by the Francis Scott Key Bridge collapse.The Greater Baltimore Commission and the Baltimore Community Foundation said they are accepting expressions of interest on an ongoing basis.The reopening of the Port of Baltimore has allowed shipping to the area to resume, but many small businesses in the city and in Anne Arundel and Baltimore counties will continue to struggle until the bridge is rebuilt, the group said.On March 26, a freight ship struck a bridge pier, causing the bridge to collapse, killing six road…

CHICAGO — Vice President Kamala Harris’ business allies are privately making the case to CEOs why they should support her over former President Donald Trump, according to people familiar with the matter.At private parties and meetings during the Democratic National Convention, business executives close to Ms Harris told CNBC they were tailoring their messaging to major companies in finance, technology and law.Their argument is that a Harris presidency would be good for businesses because she wants to create a strong economy that helps the middle class, and that a Harris administration would offer businesses certainty on public policy that they…