Is the recession really over? Not so, according to many business owners.
US Bank conducted a survey of over 1,000 small business owners, and 71
percent replied that the Great Recession was still here three years
after it ended.
Does your supplier diversity simply look good on paper, or is it a
robust program that involves the collective effort of many? While most
companies understand that a supplier diversity program will benefit
their business, they often do not understand that the benefits they
receive depend on the effort they make. A quality supplier diversity
program requires honest analysis, solid planning, collective effort,
outreach and training.
Recently, Senator Dick Durbin (Democrat-Illinois), Chris Smith
(Republican-New Jersey) and Bobby Rush (Democrat-Illinois) introduced
"The Increasing American Jobs through Greater Exports to Africa Act."
This proposed act seeks to increase trade and investment between the
U.S. and Africa.
The Times-Picayune, one of the nation's oldest newspapers, is dropping
its daily circulation after 175 years and plans to issue three printed
editions a week starting in the fall. With the change, the newspaper
would become the largest metro newspaper in the nation to drop daily
circulation in this digital age.
American Express has announced that there will be no charge to small
businesses for using a service that creates discount offers for delivery
to its cardmembers when they use a new smartphone feature or other
platforms. The goal is to increase acceptance by these merchants of the
company’s high-end credit cards.
On Friday, JPMorgan Chase was strongly criticized for stating that the
$2 billion loss its trading group suffered was due to a tactic for
handling financial risks that meant well but was executed poorly. Three
years after the near meltdown of the financial sector, the huge blunder
was referenced as evidence that the largest banks in the country are
still not concerned about the potentially disastrous impacts of their
For businesses to understand African investment, they must realize that
African long-term capital investments are not a niche asset class, said
African investor Tony Elumelu. Financial commitments that build economic
prosperity and social wealth should be the focal point of all African
The NBA and NFL lockouts brought to our attention the unmistakable
divide between the players and front offices in sports. That divide is
exemplified in the political sphere as well. Executives and players once
again find themselves on opposite ends of the spectrum when it comes to
donations to this upcoming election's presidential campaigns.