As if things were not bad enough, with the U.K.’s government announcing fresh restrictions in an effort to stem the advance of the long-anticipated second wave of the coronavirus, research published this week reveals many of the country’s businesses to be in pretty bad shape. The report by Goldsmiths, University of London in partnership with the technology company Microsoft finds that more than half of organizations surveyed have seen a decrease in revenue this year compared to last year, with more than one in five experiencing a drop greater than 15%. The same proportion had to scrap an existing business model within days of entering the lockdown announced in March, with 45% of leaders questioned expecting their current business
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These days, nothing goes without saying
Tech, finance, media and other executives are calling on Americans to stay cool during a heated election season. “The health of our economy and markets depends on the strength of our democracy,” the LinkedIn co-founder Reid Hoffman said in a statement signed by more than 50 business leaders, provided first to DealBook. The group, convened by the Leadership Now Project, also includes Eddie Fishman, the chief operating officer of D.E. Shaw; Seth Klarman, the C.E.O. of Baupost Group; Lisa Lewin, the C.E.O. of General Assembly; Marissa Mayer, the former Yahoo and Google executive; and Alan Patricof, the founder of Apax and Greycroft.
The executives expressed support for three key principles:
• “Every vote will be counted,” and election officials should “encourage patience” during potentially protracted counts of absentee ballot.
Brady Deaton and McKenzie Dildy may live in different parts of Tulsa County, but they have Owasso to thank for their newfound friendship.
Deaton, business developer at Paul David Restoration in Tulsa, and Dildy, director of development for Arubah Community Clinic in Collinsville, met at the Owasso Chamber of Commerce’s Business Over Breakfast Tuesday morning.
The two were among over a dozen local business leaders to convene at Prosperity Bank off of 96th Street as part of the bimonthly event, with Tuesday serving as the Chamber’s first gathering since March due to COVID-19.
It was also Deaton’s and Dildy’s first time attending a Business Over Breakfast in Owasso, which gave them an
With only three weeks left before the U.S. presidential election, business leaders are anticipating new policy risks regardless of the outcome. According to the latest PwC US Pulse Survey, which polled 537 U.S. C-suite and other executives between September 30 and October 6, respondents are most concerned about changes in tax policy, followed by the federal government’s response to the global pandemic. In some respects, the two issues are interrelated, as the question of how to fund recovery efforts looms.
The survey also revealed that executives are significantly more likely to be concerned about tax policy changes under a Biden administration (62 percent) than under a second Trump administration (39 percent). However, most respondents (76 percent) agree that business tax rates will rise to pay for COVID-19 relief regardless of which party controls Congress, up from 70 percent who expressed the same sentiment in early September.
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SARASOTA, Fla. – October 13, 2020 – ( Newswire.com )
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“Earned media has always been a valuable resource, but has since grown in importance since businesses have been so heavily impacted by COVID-19,” says Erik Rohrmann, COO at PressRelease.com. “Getting earned media mentions goes a long way towards building a reputation, an online audience, as well as recognition from influential media professionals;
JERUSALEM & ABU DHABI–(BUSINESS WIRE)–Oct 13, 2020–
OurCrowd, the world’s largest global venture investing platform and Emirates Angels Investors Association, the leading Emirati angel investment network, today held an online event which gave Israeli investors and entrepreneurs their first glimpse of the tech opportunities available in the United Arab Emirates. UAE Tech Investment Landscape: Introduction for the Israeli Ecosystem, broke records with over 2,000 registrants who were able to hear from some of the Emirates’ top business leaders and officials talking directly to Israelis for the first time.
H.E. Dr. Tariq Bin Hendi, Director General of the Abu Dhabi Investment Office and Abdullah S. Al Naboodah, chairman of the Al Naboodah Investment Company in Dubai and a member of one of the UAE’s most prominent and successful business families, headlined the broadcast. A special greeting was included from Dhaher bin Dhaher Al Mheiri, CEO, Abu Dhabi Global Market.
The Fast Company Impact Council, an invitation-only group of corporate leaders, entrepreneurial founders, and other leaders from across industries, gathered on June 30 to share their insights.
In this roundtable discussion, led by multimedia editor KC Ifeanyi, top executives discussed what the future of media might look like amid the turmoil of the COVID-19 pandemic and global protests against racial injustice.
Participants in this session, in alphabetical order, were Christa Carone, president of CSM Sport and Entertainment; Alan Fleischmann, founder, chairman, and CEO of Laurel Strategies; Sarah Harden, CEO of Hello Sunshine; Michael Hermann, president and CEO of Wicked Cow Studios; Gigi Pritzker, cofounder and CEO of Madison Wells Media; and Samantha Skey, CEO of She Media.
Alan Fleischmann: I think the new normal is this. In some ways, I do Zooms from dawn to dusk. We probably all do. I’ve been dreaming of being in a different chair at
For 12 months, a select group of homeless people in Canada received a total of $7,500 in cash payments, no strings attached.
The initiative was part of the New Leaf project, a joint study into the effects of giving people in poverty a “basic income” as a means of rehabilitation.
One researcher called the results of the study “beautifully surprising,” as participants could finally purchase higher-quality food and find stable housing.
Leaders should take these findings seriously, and reflect on how they can better serve their employees’ needs through direct, humanistic action.
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Free money, it seems, pays off.
On October 7, researchers from the Foundations for Social Change, in Vancouver, and the University of British Columbia announced the findings of a 12-month experiment. The premise: give 50 people who had recently become homeless one-time cash payments in the amount of $7,500 — no
Political leaders from the North of England have warned the chancellor’s latest Covid rescue package may “not be enough” to save jobs and businesses.
Rishi Sunak earlier announced the state will pay two-thirds of the wages of staff whose employers are legally forced to close over the coming months.
He said he wanted to work with regional chiefs to help them through the winter.
But the mayors of Greater Manchester, Liverpool and Sheffield said they still feared widespread “hardship”.
And a group of North-East council leaders are set to oppose any plans to close pubs or other hospitality venues in the worse-affected areas, which could be announced as early as next week.
The government is poised to introduce a new three-tiered framework of restrictions for England after coming under pressure to simplify the patchwork of different restrictions in force across much of the North.
Can you count on your hand a list of influential business leaders under 40 years old in Central Minnesota?
We can, but only because for 15 years, you’ve clued us in to the people demonstrating innovation, involvement and influence at work and in the community. Now, we’re asking you to do it again.
This year marks SCTimes and LOCALiQ’s16th annual 5 Under 40 awards. It’s time to nominate the young business leaders who impressed you through a year of social, political, financial and health turmoil.
Trophies for 5 Under 40 winners are pictured Thursday, Jan. 9, 2020, in St. Cloud. (Photo: Dave Schwarz, [email protected])