BUSINESS

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UBS Group More Attractive Than US Peer Morgan Stanley
UBS Group’s more diversified wealth management exposure and business mix makes it more attractive than Morgan Stanley. JPMorgan analyst Kian Abouhossein said the Swiss bank has a better wealth management franchise. The Swiss bank is already the undisputed top wealth manager in many parts of the world.
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Read more at InvestmentNews
Commerce Lexington's Next Opportunity Exchange
Commerce Lexington and partners work to promote and sustain the economic growth, development and self-sufficiency of ethnic minority-owned business owners and entrepreneurs. The event will feature great networking, exchange of ideas, and interaction for minority businesses in the Lexington region. This event connects minority business owners with procurement representatives from some of the largest companies in the region.
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Read more at The Lane Report
Movva's Prescription for Success: Systematic Hiring
Dr. Arvind Movva, the founder of divvyDOSE and former CEO of several successful medical services companies, found the prescription for a successful transition from patient care to CEO: systematic hiring. He said: “I had a feeling that I could affect more patients—I was not fulfilling my calling.” So, he founded a full-service pharmacy called divvedOSE, with the initial goal of reducing negative patient outcomes and helping people with chronic illnesses.
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Read more at Psychology Today
NCDOT News Highlights From This Week
NCDMV Kiosks The N.C. Division of Motor Vehicles is rolling out a new tool to give North Carolinians another way to renew licenses and more. The kiosks are now available at select Harris Teeter grocery stores in Raleigh, Charlotte, and Fayetteville. This month, NCDOT’s Office of Civil Rights will host Disadvantage Business Enterprise and bilingual workshops for minority businesses interested in contract work.
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Read more at BladenOnline.com
U.S. Steel Deal With Nippon Steel
President Joe Biden would not need to form an opinion about the potential sale of U.S. Steel to Japan-based Nippon Steel—and that's not the reality we currently inhabit. Biden said in a statement on Thursday that it is important that we maintain strong American steel companies powered by American steel workers. It remains unclear exactly what steps the White House plans to take to prevent the company from acquiring US Steel.
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Read more at Reason
Building Trust in Artificial Intelligence
About 9 out of 10 U.S. business executives think consumers and employees highly trust their companies, according to PwC’s 2024 Trust Survey. At 67%, employees are more trusting, but the gap for both groups has grown in the past few years. Most business leaders agree that earning trust is good for the bottom line, the survey shows.
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Read more at Fortune
Nevada County Arts Council Announces The Business of Art
The Business of Art is a day-long gathering designed to support artists and creatives, regardless of where they are on their professional journey. The day includes workshops on marketing and media, online sales, business planning, grant writing, taxes, and more led by experts from across California. This year’s two keynote speakers are Dr. Tasha Golden, a national leader in arts, health and trauma-informed practice.
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Read more at YubaNet
Make March Matter in Santa Monica
This year marks the ninth annual Make March Matter campaign, run by Children’s Hospital Los Angeles (CHLA) The specials raise money for the hospital’s Children's Fund, which allows the East Hollywood location to “meet the greatest needs” of patients, since the hospital is a nonprofit endeavor. With 40 businesses signing up, that number has doubled since the initial grassroots effort.
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Read more at Santa Monica Daily Press
The Importance of Prior Authorization in Health Care
In many countries, these tough ethical decisions about what is covered are made by governments, not for-profit insurance companies. The government should abolish prior authorization or at the very least reform it. You can give up. If you’re really a determined provider, you’ll probably get your drug or your procedure authorized. If your prior authorization is denied, you could just pay out of pocket.
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Read more at The New York Times
House Small Business Committee Announces April Hearing Schedule
Committee on Small Business Announces April Hearing Schedule. Full Committee Hearing: “Tax Day: Exploring the Adverse Effect of High Taxes and a Complex Tax Code” Date & Time : Wednesday, April 10 th at 10:00 AM ET Location: Hearing Room, 2360 Rayburn House Office Building Subcommittee on Economic Growth, Tax, and Capital Access: “Exploring SBA Programs: Reviewing the SBIC and SBIR Programs' Impact on Small
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Read more at Committee on Small Business