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Warren Buffett’s Optimistic? Pessimistic? No, Realistic

by mujair | May 3, 2020 | Business & Finance News

You could always count on the folksy and cheery optimism of Warren Buffett. But if you listened closely to Mr. Buffett over the weekend during Berkshire Hathaway’s shareholders’ meeting — his annual “Woodstock for Capitalists” was conducted virtually because of the...

Some Small Businesses That Got Aid Fear the Rules Too Much to Spend It

by mujair | May 3, 2020 | Business & Finance News

When a $192,000 loan from the federal government’s small-business aid program arrived in his bank account last month, George Evageliou, the founder of a custom woodworking company, felt like one of the lucky ones. Under the program’s rules, Mr. Evageliou has eight...

How a New Breed of Union Activists Is Changing the Rules (and Newsrooms)

by mujair | May 3, 2020 | Business & Finance News

As the coronavirus crisis wreaked havoc in the news business last month, the newly installed president of the most prominent journalists’ union in the country, the NewsGuild, crossed a line that once seemed unimaginable: He asked the government for money. The guild’s...

Hotel Group Will Return Tens of Millions in Small Business Loans

by mujair | May 3, 2020 | Business & Finance News

One of the biggest beneficiaries of the government’s small business lending program said on Saturday that its companies will return at least $70 million in loans received through the Paycheck Protection Program. Ashford Inc., which oversees a tightly interwoven group...

‘We Had to Do Something’: Trying to Prevent Massive Food Waste

by mujair | May 3, 2020 | Business & Finance News

While millions of Americans are worried about having enough to eat and lines at food banks grow, farmers have been plowing under vegetable fields, dumping milk and smashing eggs that cannot be sold because the coronavirus pandemic has shut down restaurants, hotels and...
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