BUSINESS

The Black Business Association of the Amherst Area (BBAAA) held a press conference on Friday, March 22, 2024. The BBAAA called for the resignation of Town Manager Paul Bockelman asserting that the absence of any ARPA funds for Black-owned businesses is illegal, and an injustice. It noted that $300,000 of the previous round of ARPS funds were given to a new, white-owned business in town.
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2 years ago Read more at Amherst Indy

Most Read from Bloomberg Data collected in international trade, cross-border travel, manufacturing, academic research. Larger firms will benefit from exemptions for personal data collected for human resources purposes. The relaxation comes as China tries to reverse a decline in foreign investment.
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2 years ago Read more at Yahoo Finance

Downtown Partnership releases a report annually with details showing how businesses are doing in Colorado Springs city center. Restaurants, art galleries, and clothing stores make up downtown Colorado Springs. Retail rent rates went up 50.2% between January and December of 2023.
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2 years ago Read more at KOAA News 5

Dow Jones Industrial Average and the S&P 500 closed out the best week of 2024. REDDIT ROCKS: Social media and discussion forum Reddit executed a well-received initial public offering. The stock spiked before pulling back but ended above its $34 offering price...continue reading here.
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2 years ago Read more at Fox Business

Minnesota Office of Cannabis Management is backing a bill that would make tweaks to the law to improve the licensing process, ensure timely market launch, and regulate effectively. Current law instructs the office to create a points system for reviewing business license applications. Regulators would consider criteria like experience in the cannabis industry and business and safety plans, among others.
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2 years ago Read more at CBS Minnesota

The Long Beach Post and Long Beach Business Journal laid off two-thirds of their staff Friday, March 22. Nine of 14 employees who were campaigning to unionize were notified their jobs had been terminated by CEO Melissa Evans. The news came as pro-union employees were on the second day of a two-day walk-out.
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2 years ago Read more at Long Beach Press Telegram

On March 11, a man allegedly vandalized and stole items from a business in the 900 block of Sumner Street. Police say the possible suspect is between the ages of 25-35, weighs 160 pounds and is approximately 5 feet, 8 inches tall.
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2 years ago Read more at KGET 17

Multiple videos have gone viral and many locals, visitors, and now business owners are speaking out. Swift said he felt the need to speak publicly and address his feelings on the situation. “We’re going to see a loss of income,” he said.
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2 years ago Read more at WJHG

Jesse Dorris, owner of Jesse James Foods, began cooking pork skins in his backyard in January 2023. "I had a turkey cooker and I would package them, label them, and deliver them to grocery stores for wholesale," he said. The restaurant is an old-school diner, with a new-school flair.
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2 years ago Read more at KAIT

Gov. Tony Evers has signed a bill allowing Stevens Point to increase the limitations for tax incremental district or TID 14 to attract more businesses to come to the East Park Commerce Center. The state allows no more than 12% of a municipality’s value to be in a TID. Mayor Wiza says the city is very close to surpassing that limit and without this legislation’s exemption to go beyond that limit, they would not be able to be as competitive when trying to secure a major agricultural processor.
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2 years ago Read more at WSAW