In a recent update, the Small Business Administration has provided additional details about the “targeted” advances that are part of the new round of COVID-19 Economic Injury Disaster Loans, or EIDL. Unlike the previous advances—which any small business could theoretically snag, even if it wasn’t approved for the loan—the new program will be eligible only to businesses located in low-income communities that can demonstrate “more than 30% reduction in revenue during an 8-week period beginning on March 2, 2020, or later.” … [Read more...] about SBA targeted advance: What small businesses need to know about the disaster loan program for 2021
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More than 60 global businesses—including Mastercard, Nestlé, and Unilever—announce commitment to transparency
Today, at the annual Davos gathering—taking place virtually this year—more than 60 global companies announced they have signed onto a commitment to follow this common set of ESG goals. The announcement will take place during a panel on Implementing Stakeholder Capitalism, featuring the WEF’s founder, Klaus Schwab, Salesforce CEO Marc Benioff, and Bank of America CEO Brian T. Moynihan, among others. In total, 61 companies across industries and geographies have signed onto the pledge. Others include Siemens, PayPal, Heineken, Deloitte, Sony, Unilever, Dell, and Royal Dutch Shell. … [Read more...] about More than 60 global businesses—including Mastercard, Nestlé, and Unilever—announce commitment to transparency
Amy Schumer, Eva Longoria, Tarana Burke, and others say Biden stimulus checks should go monthly to moms
The letter also cites statistics that have overwhelmingly devastated the professional lives of female parents: More than 2 million women have left the workforce, and millions of others have had to work fewer hours or must work around the clock to stay employed and be full-time caregivers. In September, the rate of women leaving the workforce was four times higher than the rate for men. … [Read more...] about Amy Schumer, Eva Longoria, Tarana Burke, and others say Biden stimulus checks should go monthly to moms
Why are gas prices rising? Here’s the weird but simple reason you’re paying more right now
Given all this, Americans are driving less and thus using less gas, not more. So why are prices rising? It comes down to one thing: hope. And that’s why, despite the impact on your wallet, there’s reason to be glad about the rising price at the pump. … [Read more...] about Why are gas prices rising? Here’s the weird but simple reason you’re paying more right now
Shutterstock makes a $75 million bet that the future of photography won’t always involve cameras
Pavlovsky says he is open to regulation so that 3D media is made responsibly. “There is a lot of responsibility,” Pavlovsky says. “It’s a nascent category and very new in nature and we are monitoring that very closely. But it is something that will require some regulation, because as you can imagine, there are a lot of privacy concerns. There are a lot of things that can go wrong.” … [Read more...] about Shutterstock makes a $75 million bet that the future of photography won’t always involve cameras