BUSINESS

The ruling was a significant victory for conservative activists waging a far-ranging legal battle against race-conscious workplace programs. Judge Mark T. Pittman of the U.S. District Court of the Northern District of Texas ruled that the Minority Business Development Agency’s eligibility parameters violate the Fifth Amendment’s equal protection guarantees. The agency, which helps minority-owned businesses obtain financing and government contracts, now operates in 33 states and Puerto Rico.
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2 years ago Read more at Federal Times

Shares of Elon Musk's EV maker have tumbled 29% in under 10 weeks, closing at their lowest level since May on Wednesday. The result has been a massive decline in Tesla's market capitalization, from nearly $800 billion to just above $550 billion. Investors have soured on Tesla stock this year for several reasons. For one, there are signs of flagging demand for EVs among consumers.
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2 years ago Read more at Business Insider

QBSA stands out as a testament to the power of community, professional development and identity-based organizations. In the vibrant tapestry of university life, diversity and inclusion are pivotal threads that weave together the unique experiences of every student.
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2 years ago Read more at Poole College of Management

Vidon Pich and his wife, Chinda, started FORK Included three years ago. It was intended to be a ghost kitchen — an establishment that only offers takeout and catering orders. Before long, Pich says, 80% of his business was coming from UML students.
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2 years ago Read more at UMass Lowell

Verizon Business will showcase its 5G business solutions at the Channel Partners Conference & Expo in Las Vegas, NV. The company will also participate in mainstage keynotes and panels to demonstrate its commitment to communities and businesses of all sizes through advanced connectivity solutions. Keynote: The Power of Connection and Community On Tuesday, March 12, Mark Tina, Channel Chief and Vice President of Indirect Partner Sales for Verizon Business, will deliver a main stage presentation.
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2 years ago Read more at Yahoo Finance

The rise of “complete streets” and “road diets,” as urban planners call them, has been a huge boon to businesses in cities. In 2013, a researcher at the University of Washington named Kyle Rowe looked at two shopping districts in San Francisco that got put on road diets. But overall, the results were mixed. In many cases, only certain kinds of businesses benefited from the bike lanes and street improvements.
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2 years ago Read more at Business Insider

New Analysis from UConn: Where in the U.S. Do Small Businesses Live the Longest? Copy Link Small businesses account for almost half the economic activity in the United States, but starting, maintaining, and growing one isn’t easy. The new Small Business Life Expectancy, or SBLE, metric designed by Jeyaraj Vadiveloo and his students looked at small business survival rates in 53 states and territories for 12 durations between 1994 and 2010.
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2 years ago Read more at University of Connecticut

Judge Mark T. Pittman of the U.S. District Court of the Northern District of Texas ruled that the Minority Business Development Agency’s eligibility parameters violate the Fifth Amendment’s equal protection guarantees because they presume that racial minorities are inherently disadvantaged. In a sharply worded, 93-page ruling, Pittman said that while the agency’s work may be intended to “alleviate opportunity gaps” faced by minority-owned businesses, “two wrongs don’t make a right
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2 years ago Read more at Spectrum News

Clarivate Plc is a leading global provider of transformative intelligence. Jonathan Collins, Executive Vice President and Chief Financial Officer, and Henry Levy, President, Life Sciences & Healthcare, will present at the BofA Securities 2024 Information andamp; Business Services Conference on Thursday, March 14, 2024. The live webcast can be accessed at https://bofa.veracast.com/webcasts/Bofa/infoservices2024/id8q5vjH
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2 years ago Read more at PR Newswire

Judge Mark T. Pittman of the U.S. District Court of the Northern District of Texas ruled that the Minority Business Development Agency’s eligibility parameters violate the Fifth Amendment’s equal protection guarantees because they presume that racial minorities are inherently disadvantaged. In a sharply worded, 93-page ruling, Pittman said that while the agency’s work may be intended to “alleviate opportunity gaps” faced by minority-owned businesses, “two wrongs don’t make a right
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2 years ago Read more at Spectrum News