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Financial News

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Business & Lifestyle

Pritzker defends new misdemeanor rules for businesses that open early

CHICAGO (The Center Square) – Gov. J.B. Pritzker has announced a new way to go after Illinois businesses that open early in defiance of his emergency order to remain closed. The governor filed an emergency rule which potentially could charge businesses with Class A misdemeanors if they open for business before they are allowed under his five-phase reopening plan. Under state law, the violation is punishable by a fine from $75 to up to $2,500 and would require a court appearance. […]

todayMay 19, 2020 5

Business & Lifestyle

Could remote work become the new normal?

In 2019, an estimate of over half of U.S. employees was able to work from home. This figure states that employees did work for a minimum of one day per month remotely. Additionally, this figure has dramatically risen due to the COVID-19 coronavirus outbreak. COVID-19 has forced many businesses to try their hand at remote working practices, even those who previously may have been against allowing their employees to work from home. As the virus appears to be under control, […]

todayMay 14, 2020 7

Business & Lifestyle

Microsoft announces agreement to acquire Metaswitch Networks

REDMOND, Wash./LONDON (UPI) -- Microsoft said Thursday it has agreed to acquire Metaswitch Networks to expand its cloud-based telecom offerings. The announcement follows the acquisition last month of fifth-generation technology for cellular networks specialist Affirmed Networks. The goal is to leverage the technology of both organizations to extend the Microsoft Azure cloud computing service platform to expand telecommunication industry offerings. "The convergence of cloud and communication networks presents a unique opportunity for Microsoft to serve operators globally via continued investment […]

todayMay 14, 2020 28

Business & Lifestyle

Why your business should prepare for the future now

Are you thinking about the future of your business? You should be. Specifically, you should explore ways to guarantee that your business is prepared for what’s waiting over the horizon. From challenges to fresh and exciting possibilities, there’s a whole new world just waiting for your business. So, the question then becomes, how can you ensure that your company is prepared for the future.  Preemptive action  It’s great if you know how to handle an issue in your business after […]

todayMay 14, 2020 45

Business & Lifestyle

Pritzker says reopening guidance for Illinois businesses weeks away

SPRINGFIELD (The Center Square) – Businesses looking to partially reopen in Illinois later this month per Gov. J.B. Pritzker’s reopening plan amid COVID-19 concerns may not get the guidance they need to be in time to be in compliance if their region enters the next phase of the governor's reopening plan. Pritzker’s five-phase plan to reopen the state’s economy has the state in Phase 2. Phase 3 could be possible at the end of the month with more businesses allowed […]

todayMay 14, 2020 4

Business & Lifestyle

Steak ‘n Shake to close 57 stores, citing financial losses due to coronavirus

SAN ANTONIO, Tex. (UPI) -- Steak 'n Shake's parent company announced Tuesday that it will close 57 stores following financial losses it attributed to the COVID-19 pandemic. In its first-quarter earnings report, Biglari Holdings Inc. said it will close 51 Steak 'n Shake restaurants it owns as well as six franchises after net sales fell 37 percent, or $61 million, in comparison to the same time in 2019. "The COVID-19 pandemic had an adverse effect on our restaurant operations, thereby […]

todayMay 13, 2020 5

Business & Lifestyle

Some signs you may need to quit your job

A lot of professionals examine their job in much more depth when they are going through a rough time. If you feel as though this is the case, then you need to do whatever you can to try and not let your emotions cloud your judgment. You need to think long and hard about the situation that you are in. You also need to make sure that you are taking into account your financial needs as well before pursuing another […]

todayMay 12, 2020 7

Business & Lifestyle

Financial implications relating to changing business needs

Every single business, big and small, has consistently changing financial needs. That’s a key aspect of running a successful business. Of course, managing finances can be a serious challenge for business owners. It’s a key aspect of success within the business industry. However, knowing how to go about effectively managing your business finances can be a real struggle, even when continually changing.  The key step, when it comes to coping with the financial implications of consistently changing business needs, is […]

todayMay 12, 2020 15

Business & Lifestyle

Three ways to speed up manufacturing production

Production lines are becoming faster than ever. With warehouse issues sometimes prevalent, warehouse management should consider improving production speed. Everybody should have a good experience on the line. There are some things that businesses can do that will significantly increase productivity over time. Here are some ideas you can use to improve your line significantly, reach your targets, and ultimately boost profits. Automation software Your machinery is going to play a big part in the speed of your production line. […]

todayMay 11, 2020 1

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