Car-Sharing Startup Getaround Raises $140 Million as Business Recovers From Pandemic Low | Investing News

(Reuters) – Car-sharing company Getaround Inc on Wednesday said it has raised $140 million in additional venture capital funding at a time when its business is seeing growing demand and recovering from a collapse during the early days of the coronavirus pandemic.

The San Francisco-based company, backed by Japan’s SoftBank Group Corp <9984.T>, has raised a total of nearly $600 million since it was founded more than ten years ago and in previous rounds was valued at more than $1.5 billion.

The company allows private vehicle owners to rent out their cars through Getaround’s platform on an hourly or daily basis and operates in over 100 U.S. cities and more than 170 European locations after the company acquired a local competitor in 2019.

Getaround’s business suffered during the initial outbreak of the novel coronavirus in March and April, when demand dropped 75% and the company sought financial support from a

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Saint Viator Alumni Association Hosts Business Forum on Running a Business in a Pandemic World

The Saint Viator Alumni Association is hosting a free Loyal Hearts Business Forum event for Saint Viator and Sacred Heart of Mary graduates, and current and past parents, in which Saint Viator alumni will share ideas and techniques they’ve used to shift their work and adapt to the current pandemic environment. The event, “Pivoting in a Pandemic World,” will take place via Zoom on October 22 at 6 p.m. CT.

“The COVID-19 pandemic has forced many businesses to close, temporarily or permanently, and others have been forced to find creative new ways to operate,” said Jim Platania, Jr., the Saint Viator Alumni Association board chairman. “We hope this event will help business owners and professionals learn from alumni who have found ways to pivot their business during these trying times.”

        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        

 

Speakers include Steve Zaleski (’04), real estate broker at Compass and restaurateur; Jerry Cataldo (’77), president and CEO of Hostmark

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Business analyst urges using friends, contacts to help look for work during pandemic

NORFOLK, Va. – It is all about who you know, that’s according to financial and business analyst Dominick Miserandino. He said that notion is more true now as many are still unemployed, due to layoffs and furloughs, because of the coronavirus pandemic.

He said those friends, contacts, or former colleagues you may know or worked with in the past could help you in your job search. That process is known as networking.

“I always love helping others and I like helping others because I do believe in business,” Miserandino said. “It’s smart business.”

Dominick Miserandino has worked at top positions for several companies. He’s done plenty of hiring and even referrals from people who have simply reached out.

“It is difficult and awkward at times to make that first call, but that’s one of the first tips I tell people is to not be scared, make that first call,” he

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How pandemic bento boxes became care packages and a new business model

Growing up outside of Tokyo, Chef Kenji Miyaishi’s mother used to send him off with bento boxes of onigiri rice balls, karaage fried chicken, tamago-yaki egg omelets and vegetables from her garden.

Now, as he’s pivoted his upscale restaurant in Napa, California, to prepare and deliver bento boxes amid the pandemic, he says he aims to serve with the same values of precision, culture and care his mother did.

Chef Kenji Miayishi. Credit Bob McClenahan (Bob McClenahan)
Chef Kenji Miayishi. Credit Bob McClenahan (Bob McClenahan)

Bento boxes can be traced back to the Kamakura period in 12th century Japan, and this year — with restaurants relying on takeout and delivery — they’ve become a relevant and culturally authentic way for kaiseki chefs across the country to stay in business.

And some chefs say, at a time of uncertainty, the boxes have also come to symbolize nurturing and comfort.

“Bento is usually made by a mother for her children

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Scott Yahraus, America’s Leading Business Turnaround Specialist, Offers Strategies to Help Companies Navigate the Pandemic Economy

LOS ANGELES, Oct. 13, 2020 /PRNewswire/ — Scott Yahraus (www.scott4business.com), America’s leading expert in business turnarounds and dispute resolutions, was featured in an article in Business Management News offering strategies to help companies successfully navigate this current economic storm.

In an article titled, “How to Save Your Business During these Challenging Times,” Yahraus offers 7 ways that business owners and senior executives can create an environment that is less susceptible to the merciless impact of the Covid economy.

“America is going through its worst economic times since the Great Depression. Millions are out of work. Thousands of businesses have closed – at least temporarily,” the article stated. “Make sure your business isn’t one of them.”

The first piece of advice Yahraus shares is perhaps the hardest to swallow. “Know when to pull the plug,” he states. “There could be an opportunity for you to merge or acquire a competitor

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How pandemic bento boxes became their own care package and a new business model

Growing up outside of Tokyo, Chef Kenji Miyaishi’s mother used to send him off with bento boxes of onigiri rice balls, karaage fried chicken, tamago-yaki egg omelets and vegetables from her garden.

Now, as he’s pivoted his upscale restaurant in Napa, California, to prepare and deliver bento boxes amid the pandemic, he says he aims to serve with the same values of precision, culture and care his mother did.

Kenzo Napa Head Chef Kenji Miayishi.Bob McClenahan

Bento boxes can be traced back to the Kamakura period in 12th century Japan, and this year — with restaurants relying on takeout and delivery — they’ve become a relevant and culturally authentic way for kaiseki chefs across the country to stay in business.

And some chefs say, at a time of uncertainty, the boxes have also come to symbolize nurturing and comfort.

“Bento is usually made by a mother for her children

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COVID-19 Health Innovation Collaborative Attracts Ideas from Across U.S. to Address Health Pandemic Challenges

JACKSONVILLE, Fla., Oct. 13, 2020 /PRNewswire/ — GuideWell Mutual Holding Corporation (GuideWell), the parent to a family of forward-thinking companies focused on transforming health care, announced 13 health-tech companies from across the nation will showcase solutions that address some of the major challenges of the current health pandemic today at the GuideWell COVID-19 Health Innovation Collaborative Showcase. A virtual substance abuse support system and an AI-powered COVID-19 symptom attestation platform are among the concepts and prototypes that will be featured.

All of the ideas focus on increasing the scope and scale of resources to reduce the complex stress factors COVID-19 is having on our country’s health care system. 

“Overcoming the health care challenges associated with COVID-19 requires out-of-the-box thinking from some of the brightest minds,” said Camille Harrison, senior vice president and chief operating officer of GuideWell Commercial Markets and GuideWell Innovation. “It is more imperative than ever

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Visa: Huge Upside As Global Economic Activity Recovers From Pandemic (NYSE:V)

Visa (V) is one of my favorite buy and hold forever stocks that seems to get lost in the mix recently.

As investors patiently await the Q3 earnings season to determine economic recovery from COVID-19, I still remain extremely bullish on Visa stock.

Reuters reported Visa transaction volume has recovered from its bottom in April after global lockdowns dragged U.S. economic activity to a halt.

While renewable energy stocks have soared, digital payment stocks like Visa are trading at similar levels before the pandemic shocked the world.

ChartData by YCharts

Data by Ycharts

Digital payments are the future of global commerce and I’ll explain why Visa remains a core part of my retirement portfolio along with an overall risk-reward thesis for dividend growth investors.

Visa is a Digital Payment Giant

Visa stands as one of the most recognizable logos in the world. If you live in a western country then

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Got stamps? Pandemic is fueling a boom in greeting card sales and some are pretty cheeky

Early this year, Lynda Junge watched her Downers Grove, Ill., wedding invitation business grind to a halt as the coronavirus pandemic caused couples to postpone their nuptials.

On a whim, she designed a handful of Mother’s Day cards for her business, Greenstar Paperie, riffing on social-distancing and other related themes. She posted the cards to the online marketplace Etsy and started hearing cash register-like notifications on her smartphone.

“They went off like crazy,” she said.

Among her bestsellers are cards that say, “Hi friend, this is your snail mail sanity check. You good?” and “Waving from a safe distance. It’s just not the same over Zoom.”

Junge, 41, is expecting an even bigger boom heading into the holiday season as people socially distanced from friends and family look to connect during the emotional roller coaster that is 2020.

A July study by the online photo company Shutterfly found the number

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The consultants in high demand during the pandemic and their salaries

  • The management consulting market declined by $30 billion due to decreased client demand during the coronavirus pandemic, but certain areas are still growing. 
  • Experts told Business Insider that technology, healthcare, and strategy consulting remain steady areas of growth for major firms like KPMG, McKinsey, and Boston Consulting Group.
  • Consultants with specializations in digital transformation, corporate turnarounds, and cybersecurity are in higher demand right now. 
  • Here are the practice areas that will expand in response to the coronavirus and how much they pay. 
  • Visit Business Insider’s homepage for more stories.

If you’re looking for a job in management consulting right now, it pays to be in a booming sector. 

The coronavirus pandemic has upended the management-consulting industry. The market for consultants has declined this year to an estimated $132 billion from $160 billion because of decreased client demand, according to research platform Statista. The crisis put a strain on corporate budgets,

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