BUSINESS

Wesco International has completed the sale of its Wesco Integrated Supply (WIS) business. The sale includes predominately all of Wesco's integrated supply business in North America and Europe. Wesco expects to use proceeds from the sale to reduce debt and repurchase shares. About Wesco Wesco is a FORTUNE 500® company with more than $22 billion in annual sales.
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1 year ago Read more at PR Newswire

Cook County/Grand Marais Economic Development Authority (EDA) and the Northland Small Business Development Center (SBDC) announced the launch of a Promise Act grant opportunity for northeastern Minnesota business owners. The competitive Promise Act Grant opportunity, approved during the 2023 legislative session, is designed to help businesses and communities who have experienced economic hardship during the pandemic. At least $10,000 but no more than $100,000 may receive a $10,000 grant.
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1 year ago Read more at wtip.org

despite the promise generative AI holds for boosting corporate productivity, closing the gap between potential and business value remains one of CIOs’ chief challenges. The research cited a lack of talent and skills to work with the technology (62%), unclear AI and GenAI investment priorities (47%), and the absence of a strategy for responsible AI (41%) as the top three obstacles. Dell Technologies offers servers, storage, and client devices to run your models on-premises along with professional services.
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1 year ago Read more at CIO

Consumers continue to report high levels of financial stress and businesses are pulling back on investment plans. The central bank is keeping a close eye on expectations ahead of its next interest rate decision on April 10. In the quarterly Business Outlook Survey, fewer companies said they expect to make unusually large or frequent price changes over the next year.
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1 year ago Read more at The Globe and Mail

BIDEN ANNOUNCES THEME FOR EASTER EGG ROLL ON WHITE HOUSE LAWN This year it fell on Easter Sunday. Biden couldn't withdraw the designation without upsetting his base. The White House banned religious-themed designs from its traditional Easter egg art contest.
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1 year ago Read more at Fox Business

The City of Lincoln invites business and property owners who need additional public bike parking to apply for free bike racks. To apply for the bike rack program, visit lincoln.ne.gov/CompleteStreets and select the “Bike Rack Request Program” button. For racks installed on private property, the property owner must sign an agreement to maintain the rack and public access.
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1 year ago Read more at KOLN

VAT threshold raised to £90,000 in boost for small businesses. The measure was previously announced at the Spring Budget. Chancellor Jeremy Hunt said move would help “cut taxes and help them [small businesses] grow”
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1 year ago Read more at City A.M.

The government invests in launching or scaling up their business through grants worth UAH 21 million. In total, 454 veterans and members of their families have already received a positive decision on grants for a total amount of UAH 200 million since the program was conceived. Among the 47 winners of this year's fifth wave of grant applications are 27 combatants and 20 family members of veterans.
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1 year ago Read more at Ukrinform

The Small Business Administration (SBA) is opening a center in Dundalk, Maryland, to help small businesses get loans to help them with losses caused by the bridge collapse. The low-interest, long-term federal Economic Injury Disaster Loans (EIDLs) are for eligible businesses in the entire state of Maryland as well as surrounding areas in the region.
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1 year ago Read more at 13newsnow.com WVEC

Gregory E. Deavens, CPA, CGMA, president and chief executive officer of Independence Health Group, as its 2024 Business Leader of the Year. He has been named to Savoy Magazine’s Most Influential Black Executives in Corporate America, Philadelphia magazine’s most Influential People in Philadelphia, and Modern Healthcare’s 100 Most Influent People in Healthcare among other honors. Proceeds from the event will fund scholarships and support academic programs within LeBow College.
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1 year ago Read more at Drexel