Finance

5 Steps to the Best Travel Management Process Flow

If corporate travel management is part of your daily grind, then you probably receive dozens of emails a week with travel requests, questions about itineraries, issues booking flights, last-minute changes, cancellations, and a whole slew of scheduling complications, especially when it’s comes to group booking. Rather than answering a million emails (and risk dropping the ball or missing out on seats because you couldn’t get to the email fast enough), why not move travel management outside of your email inbox altogether? Why not track it—as in, see what trips need to be booked and finalized, which ones are ongoing, which…
Business News

NPR quits Elon Musk’s Twitter over ‘government-funded’ label – Business News

Photo: The Canadian Press National Public Radio is quitting Twitter after the social media platform owned by Elon Musk stamped NPR’s main account with labels the news organization says undermine its credibility. Twitter labeled NPR’s main account last week as “state-affiliated media,” a label also used to identify media outlets that are controlled or heavily influenced by authoritarian governments, such as Russia and China. Twitter later changed the label to “government-funded media” and gave it to a few other organizations, such as the Public Broadcasting Service in the US and the British Broadcasting Corporation in the UK NPR said in…
Small Business

SBA Lifting Moratorium on Licensing Lending Companies

Non-federally chartered banks will soon be able to make Small Business Administration (SBA) loans. Effective May 12, the agency is lifting the moratorium on licensing new Small Business Lending Companies (SBLCs), adding a new type of lending entity called a Community Advantage SBLC and removing the requirement for a loan authorization in the 7(a) and 504 loan programs, according to a final rule published Wednesday (April 12) in the Federal Register. The 7(a) loan program provides SBA-guaranteed loans to small businesses. The number of SBLC licenses has remained unchanged at 14 since 1982, so the only way for a new…
Business News

Judge denies Elizabeth Holmes’ request to stay out of prison while she appeals fraud conviction

A US District Court judge has ruled that Elizabeth Holmes, founder and CEO of the disgraced blood-testing company Theranos, cannot remain free on bail while she appeals her fraud conviction. According to court documents filed Monday, Judge Edward Davila ruled that the portion of the conviction that Holmes is appealing is not likely to be overturned. A jury found Holmes guilty in January 2022 of four counts of fraud in connection with her leadership at Theranos. In November, she was sentenced to more than 11 years in prison. In his latest decision, Davila noted Holmes is challenging her conviction based…
Business Plan

Reading given six-point deduction for breaching EFL business plan

Reading were relegated from the Premier League in 2012-13 and have since been in the Championship Reading has been deducted six points by the English Football League for breaching the terms of an agreed business plan for a previous profit and sustainability rule breach. It marks the first decision handed down by the independent club financial reporting unit (CFRU). The deduction leaves Reading 20th in the Championship, with 40 points, one above the relegation zone. Manager Paul Ince said last week he thought the punishment was coming. In addition, Reading has agreed a new budget with the CFRU, which will…
Small Business

Hiring Plans for US Small Businesses Fall to Lowest Since 2020

(Bloomberg) — The share of US small-business owners who plan to add workers in coming months slipped in March to the lowest since May 2020, suggesting both some hiring success but also a softening in labor demand. Some 15% of firms said they plan to create jobs in the next three months, down two percentage points from February, according to data out Thursday from the National Federation of Independent Business. A net 43% reported vacancies they could not fill, down from 47% in the prior month. The report said, however, that small-business owners have reported some hiring success in the…
Business Plan

The future of manufacturing is now: Four trends shaping the industry

At its core, manufacturing is about innovation, as it builds economic capacity, bolsters workforces, and generates opportunity and growth. Today we’re seeing the industry undergo a once-in-a-century transformation driven by changing consumer demands, labor challenges, supply chain disruptions, technological advancements and sustainability demands. We’ve come a long way since the industrial revolution, and the industry has evolved into a much more complex place. To explore these challenges and opportunities, we’ll join global leaders and colleagues at the world’s biggest trade show for industrial technology, Hannover Messe. As we enter this week of innovation, we’re discussing four key areas that are…
Business News

Tupperware could go out of business, here’s why

Tupperware is an American kitchen classic, but the brand recently warned it could soon be out of business. The reusable containers have been a home cooking staple since 1946 and swept the nation with early trends like Tupperware parties in the ’50s through the ’70s. In recent years, however, they’ve been less popular with younger generations.” In a regulatory filing earlier this month, Tupperware said it had “substantial doubt about the company’s ability to continue as a going concern.” “Further,” the company stated in a press release on April 7, “due to the challenging internal and external business economics, coupled…