Surely you have ever heard that mixing love and business is not a very good option, which is not necessarily true, since the success of a business will always depend on how its owners manage it and not on their kinship. The simple fact of starting a business is a great challenge that generates fear, […]
The Covid-19 pandemic has dealt Black-owned businesses a tough hand. Stifled by stay-at-home orders, on-again off-again store closures and stricter limits occupancy limits, many businesses are struggling to outlast the seemingly unending virus outbreak. Although they’ve rebounded slightly in recent months, Black-owned stores have experienced the greatest decline this year, plummeting from 1.1 million businesses […]
Estée Lauder announced its “Post-COVID Business Acceleration Program” on Thursday, a plan that involves a series of sweeping cuts in order to account for sales slumps during the pandemic. As part of the plan, up to 2,000 jobs will be slashed and up to 15% of freestanding global stores will be permanently shuttered. However, CEO […]
New COVID-19 cases in the U.S. CDC.GOV The number the media, and apparently much of the population, fixates on daily is the new virus case count in the U.S. While cases have clearly skyrocketed, deaths from the virus continue to fall. Perhaps the case counts are a function of the level of testing. First Trust’s economists recently […]