BUSINESS

In late 2023, S&P 500 companies had enough cash to give almost $8,000 to every person in the United States. To put this number into perspective, that is more than the annual GDP of Ukraine, a country with a population of almost 40 million people. Having little cash may force managers to be resourceful, argues Lorenz Graf-Vlachy.
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2 years ago Read more at LSE Home

The Richland Area Chamber & Economic Development invites the public to attend their 17th Annual Business Expo on March 21, 2024. Booth space is sold out once again, with over 100 local businesses and non-profit organizations exhibiting. A special ribbon cutting with local officials will be held at 9:45 a.m. to open the event.
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2 years ago Read more at Richland Source

Joe Biden has opposed the proposed sale of a Pittsburgh-based steel manufacturer to Japan’s largest steel producer. Biden’s opposition to US Steel’s acquisition by Nippon Steel comes as the Democrat is looking to shore up support among unions and blue-collar workers in the key swing state of Pennsylvania.
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2 years ago Read more at Al Jazeera English

On Thursday, March 14, 2024, the Commerce Department releases U.S. retail sales data for February. Retail sales rose 0.6% last month after falling a revised 1.1% in January, dragged down in part by inclement weather. Household spending is being fueled by a strong jobs market and rising wages.
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2 years ago Read more at Lethbrige Herald

Harley Morris was last seen leaving a bar on the northside of Tyler. He was wearing a Prime 102 hat, black shoes with a black and gray hoodie. The owner also helped Morris' mom find a place to live.
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2 years ago Read more at CBS19.tv KYTX

League of Legends Esports (LoL esports) is introducing a new business model to major leagues leagues LCS, LEC, and LCK. This model is “closer to the one we’ve successfully implemented with the Valorant Champions Tour” in terms of revenues driven by in-game digital items, according to John Needham. A Global Revenue Pool (GRP) distributes digital revenue among teams based on tiers, performance, and fan engagement.
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2 years ago Read more at ONE Esports

Perkins Coie’s website shows the Shanghai office has eight lawyers. The firm did not disclose the specific whereabouts of the partners and associates. In a separate downturn, Kirkland & Ellis, the world’s highest-revenue US-based firm, recently laid off at least nine Hong Kong capital markets lawyers, Law.com reported.
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2 years ago Read more at Law.asia

UNCG is one of 93 institutions to receive this year’s honor. The University’s plan includes four Democracy Fellows who work throughout the year to educate their fellow students about voting and civic engagement. On the Move Out of the Garden Project, a nonprofit dedicated to fighting food insecurity in the community, has appointed Beth Crise as its new president and executive director.
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2 years ago Read more at Greensboro News & Record

South African Airways (SAA) went into business rescue on 5 December, 2019. The airline had already lost more than R50 billion in bailouts over 10 years. It was also several billions in debt and burdened taxpayers with government debt-funding guarantees it needed to secure some debt in the first place.
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2 years ago Read more at The Citizen

We are launching the highly anticipated E1000 Pro, E1500 Pro, and E2000 Pro power stations, designed to deliver portable power on demand. These cutting-edge portable power stations boast high-capacity storage, multiple output ports, and advanced safety features, making them ideal for both indoor and outdoor use. With a reputation for quality, innovation, and customer satisfaction, Jackery’s impact on Indonesia’s renewable energy is significant.
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2 years ago Read more at Macau Business