Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers. The price for a container of goods from China…
Banks and small businesses look to Congress to…
Steven T. Mnuchin, Secretary, Department of the Treasury during the Senate's Committee on Banking, Housing, and Urban Affairs hearing examining the quarterly CARES Act report to Congress, in Washington, DC, U.S., September 24, 2020.Drew Angerer…
Facebook ties-up with Matrix Partners India to scale…
NEW DELHI: A week after Facebook announced grants for small businesses impacted by COVID-19, the company announced that it has tied-up with early stage VC fund Matrix Partners to scale small businesses in India by…
Op-ed: How America can help mint more million-dollar…
Waring Abbott | Michael Ochs Archives | Getty ImagesWhen architect David Mason started David Mason & Associates, his infrastructure engineering company in St. Louis in 1989, it was a two-man operation, run from a 10…
Asset management firm MPowered acquires Cloy Infraa
BENGALURU: Gurugram-based asset management firm MPowered acquires Cloy Infraa, an interior deisgn company to branch out and expand into a diverse portfolio of services under real estate asset-management solutions. The company has been acquired by…
MPL raises $90 million in funding led by…
NEW DELH: Esports and mobile gaming platform Mobile Premier League (MPL) on Monday said it has raised USD 90 million (about Rs 661.3 crore) in funding led by SIG and early stage tech investor RTP…
34K startups gave direct employment to 4.2L: Government…
(This story originally appeared in on Sep 20, 2020)BENGALURU: Emerging as a major job creator, more than 34,000 startups, as of September 2020, gave direct employment of over 4.2 lakh people. According to data released…
Why higher unemployment taxes are ‘all but certain’…
A store displays a sign before closing down permanently in Arlington, Virginia.OLIVIER DOULIERY/AFP via Getty ImagesStates are poised to raise taxes on businesses starting next year and cut jobless benefits for workers as the coronavirus-fueled…
Former ‘Shark Tank’ contestant reaches a breaking point…
The U.S. economy may be starting to recover from the coronavirus crisis, but many small-business owners are not. After appearing on "Shark Tank," Kelsey Moreira, 29, opened an edible cookie dough bar called Doughp on the…