Industry captains say economy and jobs must be central focus now, and policymakers have to recognise that the country will have to live with and work around Covid-19. India Inc’s growing call on reopening India for business comes amidst a blizzard of grim economic forecasts. Economic growth in FY21 can be negative, according to Nomura, ICRA and others.

‘We are a cash generating company and virtually carry no leverage’

A federal grand jury in Tulsa, Oklahoma, returned an indictment Wednesday charging a Bristow, Oklahoma, business owner with filing false tax returns, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and U.S. Attorney R. Trent Shores for the Northern District of Oklahoma.

A Miami, Florida, business owner was sentenced to 24 months in prison today for failing to pay over employment taxes, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and U.S. Attorney Ariana Fajardo Orshan for the Southern District of Florida.

A federal jury in Salt Lake City, Utah, convicted California businessman Lev Aslan Dermen, also known as Levon Termendzhyan, of criminal charges today relating to a $1 billion renewable fuel tax credit fraud scheme, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division, U.S. Attorney John W. Huber for the District of Utah, Don Fort Chief of Internal Revenue Service (IRS) - Criminal Investigation, Acting Special Agent-in-Charge Lance Ehrig for the Denver Area Office of Environmental Protection Agency (EPA) - Criminal Investigation Division, and Special Agent-in-Charge Michael Mentavlos for the Denver Area Office of Defense Criminal Investigative Service.

A federal court in Tampa, Florida has permanently barred Steven Doletzky, formerly doing business as Liberty Tax Service, from operating a tax return preparation business and preparing federal tax returns for others, the Justice Department announced today. The court also ordered Doletzky to disgorge $175,000 of ill-gotten gains that the United States alleges he received from filing federal tax returns that claimed improper tax refunds, understated customers’ federal tax liabilities, or otherwise included false or fraudulent claims.

A Lake Worth, Florida, businessman pleaded guilty today to tax evasion and willful failure to file a Report of Foreign Bank or Financial Account, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and U.S. Attorney Ariana Fajardo Orshan for the Southern District of Florida.

The Securities and Exchange Commission today voted to adopt rule amendments to implement certain provisions of the Small Business Credit Availability Act and the Economic Growth, Regulatory Relief, and Consumer Protection Act relating to business…

The Securities and Exchange Commission today announced that it is providing temporary, conditional exemptive relief for business development companies (BDCs) to enable them to make additional investments in small and medium-sized businesses, including…

The Securities and Exchange Commission today released the agenda for the Friday, May 8 meeting of its Small Business Capital Formation Advisory Committee, which will be hosted via video conference. The Committee will discuss the Commission’s recent…

The Securities and Exchange Commission today announced that it is providing temporary, conditional relief for established smaller companies affected by COVID-19 that may look to meet their urgent funding needs through a Regulation Crowdfunding offering.…

Businessman Sentenced to a Year in Prison for Stealing Employer’s Trade Secrets While Planning New Job in China

The head of a Houston-based company that was the subsidiary of a Chinese company that developed stolen trade secrets was sentenced to 16 months in prison and ordered to forfeit more than $330,000 by U.S. District Judge Christopher R. Cooper of the District of Columbia.

The U.S. Department of Justice announced today that it will not challenge collaborative efforts of McKesson Corporation, Owens & Minor, Inc., Cardinal Health, Inc., Medline Industries, Inc., and Henry Schein, Inc. (together “Medical Supplies Distributors”) to expedite and increase manufacturing, sourcing, and distribution of personal-protective equipment (“PPE”) and coronavirus-treatment-related medication. These collaborative efforts are part of an emergency response developed and led by the Federal Emergency Management Agency (FEMA) and the U.S. Department of Health and Human Services (HHS) to address supply needs arising from the COVID-19 pandemic.

The Department of Justice announced today that it will not challenge a proposal by the Association of Independent Commercial Producers (AICP) to operate an online platform for advertisers to solicit bids from companies that provide production services for commercial advertisements. The Department’s position was stated in a business review letter from Assistant Attorney General Makan Delrahim for the Antitrust Division to counsel for the AICP.

The Department of Justice announced today that it will not challenge collaborative efforts of AmerisourceBergen Corporation (AmerisourceBergen) to identify global supply opportunities, ensure product quality, and facilitate product distribution of medications and other healthcare supplies to treat COVID-19 patients.

The Hancock family's Claiborne Farm has had a long and successful association with both the Phipps and Janney families. Countless champions and Grade 1 winners that have been bred by the Phippses and Janneys were born and raised at Claiborne. That friendship will be put to the test on Saturday when Departing, owned in partnership […]

The post Shanklin: ‘Why Seth Hancock is Going Against His Own Best Business Interests’ appeared first on Horse Racing News | Paulick Report.

The congressman cosponsored a proposal to back $900 billion more in small business loans.

After snapping up more than $500 billion in emergency loans in just three weeks, small-business owners have lost interest in the federal Paycheck Protection Program. Minnesota business owners are among those who may give back a chunk of their forgivable loans.

Declining state and local government spending really can make an economic downturn worse. And this recession is bad enough already.

Grand Canyon National Park Superintendent Steve Martin today announced the availability of a prospectus for guided trail rides using mules at the North Rim of Grand Canyon National Park.  https://www.nps.gov/grca/learn/news/news_2009-10-09_nr_mules.htm

Grand Canyon National Park Superintendent Dave Uberuaga has announced the availability of a new business opportunity in the park to provide bicycle rentals, guided bike tours, and “grab and go” food service at the Grand Canyon Visitor Center plaza on the South Rim. https://www.nps.gov/grca/learn/news/2011-10-29_bikes.htm

Grand Canyon National Park Superintendent Dave Uberuaga has announced the availability of two prospectuses for business opportunities in the park, to provide lodging, food services, grocery stores, retail, transportation, mule rides, an RV campground, a service station and other services on the South Rim. The two prospectuses released today outline these business opportunities, describe the existing businesses, and provide details on how to submit responsive proposals for either or both. https://www.nps.gov/grca/learn/news/business-opportunity-announced-for-two-hospitality-contracts-on-south-rim-of-grand-canyon-national-park.htm

Grand Canyon National Park Superintendent Dave Uberuaga has announced the availability of a prospectus for a business opportunity in the park, to provide lodging, food services, retail, transportation, mule rides, and other services on the South Rim. https://www.nps.gov/grca/learn/news/business-opportunity-announced-for-hospitality-contract-on-south-rim-of-grand-canyon-national-park.htm

Grand Canyon National Park Superintendent Dave Uberuaga has announced the availability of a prospectus for a business opportunity in the park, to provide lodging, food services, retail, transportation, mule rides, and other services on the South Rim. This business opportunity is very similar to solicitation CC-GRCA001-15A, announced on March 11, 2014, with the exception that the initial leasehold surrender interest has been reduced to approximately $57 million, and the franchise fee has been adjusted to 14%. https://www.nps.gov/grca/learn/news/business-opportunity-south-rim-august-2014.htm

Grand Canyon National Park Superintendent Christine Lehnertz has announced the availability of a prospectus for 16 business opportunities to provide guided whitewater tours on the Colorado River. https://www.nps.gov/grca/learn/news/river-running-prospectus.htm

Grand Canyon National Park Superintendent Christine Lehnertz has announced the availability of a prospectus for a business opportunity in the park to provide lodging, food and beverage, retail, and other visitor services on the North Rim. https://www.nps.gov/grca/learn/news/business-opp-announced-for-hospitality-contract-on-n-rim-of-grand-canyon-nat-pk.htm

These two siblings from New Jersey have managed to raise more than $2,200 in order to benefit their local businesses and healthcare workers.

The post New Jersey Teens Take Matters into Their Own Hands to Help First Responders and Small Businesses Amidst COVID-19 Crisis appeared first on Good News Network.

SIRIUSXM BUSINESS RADIO's "WHARTON BUSINESS DAILY" will hold a Virtual Town Hall special on “Reopening the Economy” on FRIDAY (5/8) at 10a (ET).   The show wil … more

iHEARTMEDIA has launched a "Small Business Crisis Resource" initiative with resources including a newsletter and website to offer relevant news and information, including … more

STINGRAY will do its part to kick-start CANADA’s economic recovery with the establishment of an economic stimulus plan via its 104 radio stations across the country to help local … more

The RADIO ADVERTISING BUREAU's next webinar in its "Business Unusual" program's "Open for Business" series, “Creating Audience Engagement,” will … more

NIELSEN HOLDINGS has filed an initial Form 10 Registration Statement with the U.S. SECURITIES AND EXCHANGE COMMISSION in connection with the Company's proposed separation of the NIELSEN … more

Something different for the kids to enjoy

Our first Twitter shout event was hugely popular so if you missed out then now is your chance to #ShareTheBiz

DALLAS, April 29, 2020 — As the shortage of many goods, resources and services grows during the ongoing COVID-19 pandemic, the American Heart Association, the leading nonprofit organization focused on a world of healthier lives for all, has launched ...

As the time passes by, the online businesses are growing rapidly with the support of already available online business platforms, plugins etc. And to Achieve the same, WordPress is much louder than anything else around to fulfill the required online business existence without any boundaries and limitations....

The post 7 Online Business Ideas That You Can Start With Just WordPress Plugins appeared first on SmashingApps.com.

Sometimes all you need is a name. It is a powerful thing. It always has a meaning and, even more, it has a subtext and undertone. A name can speak...

The post 10 Beautifully Designed, Minimal & Name-Centric Business Cards appeared first on Speckyboy Design Magazine.

Using WordPress for a business website is one of the best choices you can make as a business. It’s easy to get a site online and configured with a theme in under an hour. This is why WordPress now powers 35 percent of the websites on the internet. If you’re new to WordPress and don’t know why using WordPress plugins is helpful, this post will help. Below are seven benefits your business website will see when using plugins from the WordPress ecosystem. 1. Communicate With Customers It’s hard to run a business if your customers have no way to get

The post Why Using WordPress Addons Will Benefit Your Business Website appeared first on Photoshop Lady.

Building a website for your medical practice doesn’t have to be as complicated as you think. You can still get great results by using a website template without using a lot of time or money. WordPress offers a wide selection of themes for medical blogs and websites. Check out the 5 best medical wordpress theme for you business below. Clinico Clinco is a great medical wordpress theme for a variety of reasons. It has a very clean look with simple features that make the layout perfect for medical professionals. The Clinico theme is responsive and has graphics that are “retina

The post The 5 Best Medical WordPress Theme for Your Business appeared first on Photoshop Lady.

Hobbies can be more than fun, they can make you money, too. Read our eight-step guide to learn how to turn your hobby into a business & make money online!

The post Turn Your Hobby into a Business in 8 Steps appeared first on WooCommerce.

Need to start selling online fast? Create an online store in just 5 steps. Sell products, offer virtual services, & add new revenue for years to come!

The post How Your Offline Business Can Start Selling Online Fast appeared first on WooCommerce.

From no store to 800 orders per day — see how 4 stores successfully moved their business online during COVID-19 to stay open and save jobs.

The post How Four Food Businesses Started Selling Online During COVID-19 appeared first on WooCommerce.

On Wednesday, Gov. Kim Reynolds removed some restrictions on businesses in the 22 counties that have been seeing higher numbers of Iowans affected by COVID-19, including Linn and Johnson counties....

“Past performance is no indication of future results.”

That’s a favorite mantra of many business analysts. It may be true when pondering statistics. But when considering people, it’s a false positive. You certainly can predict how people will perform, based on what they’ve said and done.

For example, if a business owner has historically forced employees to work in hazardous conditions for minimum wage, it’s no surprise that now, they are compelling workers to choose between risking their health even further or go without a meager paycheck.

If elected officials have historically favored those business owners over working people, it’s no surprise that now, they are threatening to deny unemployment benefits to those workers who don’t return to their hazardous jobs.

Those historically silent about this and other injustices are remaining silent now — and we shouldn’t expect anything different from them.

I have been a business owner for nearly three decades, but I am pro-people.

Because I made personal concessions during the Great Recession, no one at UIG, the property and casualty insurance agency where I am president, lost their job. I have done the same this year with COVID-19. And will do it again to put my employees first.

Because I believe in workers’ right to organize, I supported my campaign staff’s successful effort to unionize with the Campaign Workers Guild, becoming the first senate campaign in Iowa to do so. This guarantees they receive a dignified living wage, get paid time off, unlimited paid sick leave, and fully paid health insurance. We did this together. Which is the way business should work.

On the contrary, the lobbyist-backed candidate, Theresa Greenfield, bankrupted her company in 2013, and went on to evict several small businesses with Colby Interests so she could replace their storefronts with an Aldi. We all have seen what happens with a real estate developer in power, and it has certainly not benefited hardworking Iowans.

COVID has revealed fissures in America’s bedrock. To fix the cracks, we need leaders who have proved they can craft solutions to assure every worker of a dignified wage, a safe workplace, paid time off and sick leave, and affordable, accessible health care.

These days have taught us that past performance certainly is an indication of future results. We need to look closely at what someone has said and done when considering what they may say and do in office.

Eddie Mauro is a candidate in the Democratic primary for U.S. Senate.

With the throng of websites on the internet vying for people’s attention, it will be hard to stand out if you don’t have an appealing or dependable business website. Investing in building your own website and acquiring a reliable domain and web hosting provider are some of the things you must do right to make […] More

On Wednesday, Gov. Kim Reynolds removed some restrictions on businesses in the 22 counties that have been seeing higher numbers of Iowans affected by COVID-19, including Linn and Johnson counties.

Now those organizations have to make decisions — on bringing back employees, services to provide and how much access to allow for customers.

And as those businesses reopen — some after more than two months — crucial steps likely will include ongoing communication with employees and customers and a well-thought-out restart plan.

The Gazette spoke with business leaders about the challenges faced by business owners as they consider how and when to open their doors.

• David Drewelow of ActionCoach Heartland in Cedar Rapids is a consultant with 19 years of business coaching experience.

• David Hensley, director of the University of Iowa’s John Pappajohn Entrepreneurial Center, has expertise in small business management during a crisis.

• Josh Seamans is vice president of Cushman and Wakefield, a global commercial real estate adviser that operates offices in more than 60 countries including China.

• Steve Shriver is a Cedar Rapids entrepreneur who operates and/or helped found four diverse enterprises, including Eco Lips and Brewhemia.

Their responses here have been condensed from lengthy individual interviews.

How important is communication and having a well-prepared plan for resumption of business?

Shriver: The one thing that has been imperative throughout this whole process is communication with employees, customers and the public. I also would recommend writing as detailed a business resumption plan as possible.

One of the main reasons is to fully understand what you are doing as this is a brand-new challenge that none of us has faced.

Drewelow: You really need to be communicating now, more than ever, with your employees, customers, vendors and suppliers. What does your plan for the next 20 to 30 days look like? What are things that you can be doing right now to get ready?

Hensley: I think it is critically important to have a reopening plan because most businesses are not going to be at full strength right away. What might their revenue forecasts look like? How can they keep their costs down as their business starts to rebound before it gets back to full capacity?

Seamans: Your plan should include a checklist of reopening steps appropriate to your type of business. Retail will have different items than distribution or industrial businesses.

You need to communicate your plan to employees, customers, landlords and lenders.

How much will fear play a role in the resumption of business?

Shriver: Everyone has a different idea of the risks involved, such as using a handle to open a door or interacting with a person — the little things that we are used to doing.

When you look at the risk versus reward of doing that, some people will be willing to go into a store and others will stay home. Some employees don’t want to come back to work yet and some people are itching to get back. You have everything in between.

Drewelow: The fear factor is huge. For the small business owner, we try to channel that fear into a focus on being highly aware of all the possibilities to mitigate concerns.

If you own a restaurant, can you post the menu online or use disposable menus? That way, a customer doesn’t have to touch something that might have been handled by someone else.

Appropriate spacing of customers within a restaurant also will help alleviate some of the fear.

Hensley: You need to communicate what steps you are taking to protect the health and safety of your employees and your customers. If you will be requiring the use of personal protective equipment like face masks, are you going to make them available?

Will limiting the number of people entering a business be difficult?

Shriver: There are not a lot of people who want to gather in masses right now. It seems like as businesses start to reopen, it will be more like a trickle.

It will be just like turning on a water spigot, with the flow of customers gradually increasing.

Hensley: I think we will see a lot more customers buying, rather than just shopping. They are going to buy the items they came for and then leave.

If businesses have more vulnerable customers, I would recommend establishing separate early morning times like many of the grocery stores have done to provide a safer environment.

Many companies have adopted using digital conferencing platforms for meetings. Will we see that trend continue?

Seamans: I think Zoom will be used for more internal meetings, so there is no need for someone to fly from, say, San Francisco to New York. But in terms of sales, it does not replicate that face-to-face interaction.

We have done work with clients that live several hours away and we have to come in for a city council meeting for a project that we are working on. That’s a three-hour drive in for a one- or two-hour council meeting and another three-hour drive back — basically an eight-hour day. If we can Zoom in and answer any questions, that’s a lot more efficient at less cost.

What should a small-business owner consider when determining how many employees to recall?

Shriver: We will be able to bring some people back to work and generate some revenue, but not in a huge way. Anybody who can work from home should continue working from home for as long as they possibly can.

We should not be rushing to get those people back. There is no incentive.

Hensley: Owners are going to be making hard decisions. Do I bring back half of my team at full time or do I bring everyone back at reduced hours? What are those implications going to be?

In some cases, other industries have been hiring and some may be making more money. Businesses may have to pay more to attract that talent back.

Restaurants have been forced to change their business model from on-premise dining to carryout and delivery. Should all owners take this opportunity to examine and update their business model?

Shriver: We took two businesses — SOKO Outfitters, a retail store, and Brewhemia, a restaurant — and put them rapidly online within a month. When we come out of this, I think we will be stronger because we will have that infrastructure in place in addition to the old school face to face traffic that we used to have.

Hensley: I think this is definitely the time to look at your business model to determine what is appropriate given the economic situation that we have. That is not just going to be critical for reopening, but over the next six months to a year as long as we are dealing with the virus.

Some business owners will see that their customers have lost their jobs or seen their income drop dramatically. They are going to be changing their patterns of consumption based on necessities.

Drewelow: Some of my clients believe that are looking their competitors and realize that some may not reopen. They are looking at whether they can merge with them or somehow salvage parts of that business.

Some business owners have realized that the way they deliver products or services will have to change. Many of my older clients have been dragged into using modern technology.

In late 2019 the Australian Government launched the Global Talent – Independent program which offers a streamlined, priority visa pathway for highly skilled and talented individuals to work and live permanently in Australia. There are two streams. The first is the Global Talent Independent Program (GTI) and the second is the Global Talent Employer Sponsored (GTES). […]

The post Australia’s global talent visa for individuals and businesses appeared first on Visa Australia - Immigration Lawyers & Registered Migration Agents.