BUSINESS

Small business growth was greater in 2023 than in 2022 but was constrained by labor, supply, and lending challenges. Of the more than 6,000 entrepreneurs fielded by the Fed for its study, 91% said their companies faced an operational issue last year, while another 93% reported financing difficulties. Issues such as supply chain disruptions and labor shortages persisted throughout the year.
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2 years ago Read more at Atlanta Small Business Network

Peoria police say they were called to the 8800 block of North Knoxville on a call of a business robbery that had just happened. When officers arrived, they talked to the victims and they told police the suspect walked into the business and was threatening the employees.
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2 years ago Read more at 25 News Now

Steven Mnuchin is putting together a group to buy TikTok because they should be owned by U.S. businesses. The House of Representatives passed legislation that would force its China-based parent company, ByteDance, to sell it to American interests due to national security concerns.
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2 years ago Read more at Fox Business

Flyfish is a highly sought-after solution for businesses aiming for efficiency and ease in their financial transactions. With just a decent internet connection, the platform opens up to you, providing a hassle-free experience. The standout feature of Flyfish’s automated corporate payroll services lies in their impeccable precision – boasting zero margin for error.
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2 years ago Read more at Business MattersBusiness Matters

GlobalData forecasts that the overall AI market will be worth $909bn by 2030, having grown at a compound annual rate of 35% between 2022 and 2030. In the GenAI space, revenues are expected to grow to $33bn in 2027, a CAGR of 80%. The US grocery giant launched a GenAI tool on its iPhone app in January.
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2 years ago Read more at Verdict

Nominations are open in nine categories, including the Innovation Award, the Town Centre Award and the New Business Award. Judging will take place during the summer with award presentations at a Gala Dinner in September. The awards are a great way for businesses to raise their profile.
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2 years ago Read more at Banbury FM

Running Wild Pottery is a new ceramics business in Shropshire. Nina Finch, who lives near Ludlow, launched the business after discovering her love for pottery during Lockdown #1. She has recently attended a course for new entrepreneurs run by award-winning business consultants Good2Great.
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2 years ago Read more at Shropshire Council Newsroom

Africa's forests provide essential ecosystem services crucial for sustaining life on Earth. These regions regulate the climate, sequester carbon, purify water and air, prevent soil erosion, and sustain the livelihoods of millions of people. While some countries have done an exceptional job of preserving their forest areas, some have not.
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2 years ago Read more at Business Insider Africa

Africa joins the league of liquefied natural gas exporters with the launch of its first cargo, marking a significant milestone in the Congo LNG project. The Congolese government aims for a production of over 600,000 tonnes of LNG this year and 3 million tonnes next year.
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2 years ago Read more at Africanews English

Small business owners weigh in on how they are coping with current economy Market reports show the U.S. economy is seeing strong job numbers and a waning inflation rate. When Mia Sakai opened her bodega in December 2020 she had to deal with the pandemic, supply chain issues and then rising costs of goods -- costs that she passed on to her customers. Between 2019 and 2023, food inflation increased by 25%, faster than other categories like housing, clothes and medical care.
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2 years ago Read more at ABC News