(The Center Square) - California’s unemployment insurance fund is “structurally insolvent” due to $55 billion in fraud and overpayment during COVID-19 crisis, leading to a growing $21 billion unemployment benefits loan from the federal government the state is unable to pay down. While the state seeks loan forgiveness from the Acting United States Secretary of Labor, who was California’s Secretary of Labor during the COVID-19 era and oversaw the state’s fraudulent payments —...
Businesses, whether big or small, always feel like a gamble. But when you bet your kids' college fund to support a growing business - that's a whole new level of taking chances.In the case of Kim Vaccarella, founder of Bogg Bag, the gamble paid off. Although she lost her children's college fund at the start, Vaccarella was able to recover and jump back, and now her beach bag business is looking at a $100 million (£80 million) growth this year.In an interview, Vaccarella shared how the early...
The SBA has just launched a new digital hub to help small businesses access federal funding called the Investing in America Small Business Hub.
Assets are frozen to limit the firms’ financial freedom, as the conflict-hit country teeters on the edge of humanitarian disaster
Los Angeles Mayor Karen Bass used her State of the City address to announce a fundraising campaign to bring homeless Angelenos indoors, calling on business leaders, charitable organizations and wealthy individuals to contribute to the effort. Bass told an audience gathered at City Hall on Monday evening that her administration has already made crucial strides in the fight against homelessness, in part by working more closely with county, state and federal agencies. Now, Bass is urging those with...
National Public Radio CEO Katherine Maher is a donor to Stacey Abrams’ election-denying political action committee, Fair Fight.
Los Angeles Mayor Karen Bass' strategy to employ wealthy residents to help fund housing for the homeless is garnering support from local business leaders who say it might be the only solution to effectively tackle the growing crisis. During her State of the City address on Monday, the Democratic mayor highlighted the city's struggle to house over 40,000 homeless people, declaring that "the crisis on our streets is nothing less than a disaster." Bass touted the success of her signature Inside...
Small businesses could significantly improve their odds by starting the right business at the right time and taking the right steps.
The Innovate UK Fund has announced six winners to be awarded grant funding from the government totalling £1 million to jumpstart ‘AI in the music industry.’ Competition assessors agreed that AudioStrip would benefit and strengthen the UK music industry by saying “this is well planned, resourced, and researched innovation that can impact the business, market, […]
NEW YORK (AP) — Record numbers of people are starting new businesses, and more and more of them are women and minorities, according to a new study. New business applications jumped in 2020 as the pandemic started, and have continued to be filed at a record pace. More than 5 million applications were filed in […]
A16z announced that it has raised a new $600 million games fund as part of a $7.2 billion raise for the venture capital company.
Scheane’ Brown The John Massey School of Business at Southeastern Oklahoma State University was recognized for excellence in multiple fields at the national conference of… Login to continue reading Login Sign up for complimentary access Sign Up Now Close