Wolf Administration Visits Small Businesses in Scranton, Urges Pennsylvanians to Support Their Favorite Local Shops

Scranton, PA – Today, the Department of Community and Economic Development (DCED) Acting Secretary Neil Weaver highlighted the importance of small businesses in the commonwealth and encouraged Pennsylvania to support their favorite local shops during Small Business Week in Pennsylvania. The celebration is taking place May 1-7, 2022, as proclaimed by Governor Tom Wolf. “Small … Read more

Hospital PMI® at 56.3%; April 2022 Hospital ISM® Report On Business®

TEMPE, Ariz., May 6, 2022 / PRNewswire / – Economic activity in the hospital subsector grew in April for the 23rd consecutive month, say the nation’s hospital supply executives in the latest Hospital ISM® Report On Business®. The report was issued today by Nancy LeMasterMBA, Chair of the Institute for Supply Management® (ISM®) Hospital Business … Read more

Committee recommends hiring firm to study reviving business districts

Evanston officials are recommending a Philadelphia urban design firm for a comprehensive study of the city’s business districts, suggesting ways the city can realize itself in the aftermath of COVID-19. Members of the city’s Economic Development Committee recommended April 27 that the city enter into a $ 245,000 contract with Interface Studio to provide the … Read more

Netflix’s stumbles cause rivals to rethink streaming business

The recent revelation that streaming behemoth Netflix lost subscribers for the first time in more than 10 years stunned Wall Street, spurring a massive sell-off of the company’s stock. Inflation, subscription price increases, more competition, password sharing and the war in Ukraine were factors in the surprise announcement in the company’s first-quarter earnings. Still, it … Read more

Musk told banks he will rein in Twitter pay, make money from tweets

April 29 (Reuters) – Elon Musk told banks that agreed to help fund his $ 44 billion acquisition of Twitter Inc (TWTR.N) that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets, three people familiar with … Read more

How Businesses Can Navigate the Difficult Waters Posed by a Roe Repeal

Text size Corporate America would accomplish little by protesting a Supreme Court decision, writes Kathryn Wylde, but it still has a role to play. Sarah Silbiger / Getty Images About the author: Kathryn Wylde is president and CEO of the Partnership for New York City. The leaked draft of a Supreme Court decision reversing Roe … Read more