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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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America’s farmers are hopeful, but struggling.
© Daniel Acker/Bloomberg/Getty Images
Corn is harvested with a Case IH Agricultural Equipment Inc. combine harvester in an aerial photograph taken over Princeton, Illinois, U.S., on Tuesday, Sept. 29, 2020.
This spring, massive supply chain and distribution disruptions caused by the shutdowns, combined with stockpiling by worried shoppers, decimated grocery stocks. Restaurants closed, leaving farmers and ranchers without a market for their livestock and crops. Then, this summer, wildfires, drought and severe storms impacted production of corn, peanuts, cotton and much more across the country.
Now, however, America’s farmers face the added stress of trying to get their kids access to online school and their grandparents to the virtual doctor. But when your internet signal is weak, do you utilize what limited bandwidth you have for the tools that operate your farm or for your child to finish her math assignment? Or do
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By Adam Jourdan, Aislinn Laing, Maria Cervantes and Diego Oré
BUENOS AIRES/SANTIAGO/LIMA/MEXICO CITY (Reuters) – When the coronavirus hit Chile and abruptly cost Lorena Rodriguez her job, the 47-year-old nanny took a painful decision to pawn her jewelry – gifts from decades earlier – for cash.
Like more than half of Latin Americans, she worked in the informal sector, looking after two children in an upmarket area of the coastal city of Valparaiso but living comfortably on joint income with her husband of 700,000 pesos ($905) a month.
Then suddenly, worried about infection risks from Rodriguez’ bus journey to work, the family cut her job in March.
Without a contract, she could not receive benefits like unemployment pay or social support, despite living in one of the region’s wealthiest nations. A 100,000-peso ($126) emergency payment from the government soon ran out, forcing her to the pawnbroker.
“It was a last