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X @The Economist
The Economist· 2025-07-06 02:20
Celebrities have long used fame to peddle things. But many are now rethinking the value of traditional endorsement and licensing deals.Instead they’re launching their own businesses https://t.co/h6h5Ck1KlJ ...
X @Bloomberg
Bloomberg· 2025-07-04 13:39
South Africa is considering developing a statistical register for small-scale businesses, amid an ongoing debate about the country’s labor statistics https://t.co/Q9oQRXf2vV ...
X @The Economist
The Economist· 2025-07-03 14:45
Stars are using their fame to build thriving businesses https://t.co/YqjrOyyD9J ...
X @Forbes
Forbes· 2025-07-01 16:40
What Sets High-Growth Small Businesses Apart? Higher Tech Budgets, For Onehttps://t.co/DuXICLeMzA https://t.co/stWqajLMJe ...
Rep. Mike Lawler on Trump tax bill: A number of us are concerned about changes the Senate has made
CNBC Television· 2025-06-30 12:21
The Senate might have scored a win with the House Salt Caucus following the release of their tax bill. The Senate says that they would keep the House's $40,000 cap, but they would reduce the window for how long that cap lasts to 5 years. After that, it drops back to 10,000.Joining us right now to break this down is New York Republican Congressman Mike Lawler. He's a member of the Salt Caucus. And Congressman, you've been very outspoken about how you would not support this if they didn't come back with somet ...
In June you are going to see moderate and stable growth in small businesses, says Paychex CEO Gibson
CNBC Television· 2025-06-26 00:12
As I said, our our uh our client retention was actually up year-over-year. And I would say if you absent some anomalies we saw in the fourth quarter, which we'll I'll talk about, we would had a fabulous uh retention year. Uh so I think the value proposition we're delivering is fine.What we saw in the fourth quarter soon after liberation day was a spike in bankruptcies and financial distress in the micro segment. Think think entrepreneurs kind of small businesses. Now, what I will tell you that's not uncommo ...
Lufax Announces Results of Extraordinary General Meeting
Prnewswire· 2025-06-25 13:23
Company Overview - Lufax Holding Ltd is a leading financial services enabler for small business owners in China, offering financing products tailored to their needs [1] - The company has established relationships with 85 financial institutions in China as funding partners, many of which have collaborated with Lufax for over three years [1] Shareholder Meeting Resolutions - The extraordinary general meeting of shareholders held on June 25, 2025, resulted in the approval to remove PricewaterhouseCoopers and PricewaterhouseCoopers Zhong Tian LLP as the auditors of the company [2] - Following the removal, Ernst & Young and Ernst & Young Hua Ming LLP were appointed as the new auditors to fill the vacancies and will hold office until the annual general meeting for the year ending December 31, 2025 [2] - The Board was authorized to fix the remuneration for the newly appointed auditors [2]
SLB: Growth Investments Will Pay Off In Time
Seeking Alpha· 2025-06-24 18:12
Company Overview - SLB is reorienting its business to adapt to depressed activity levels, particularly in the onshore US market, with a focus on long-term growth in its New Energy and Digital businesses [1] Investment Strategy - Narweena, an asset manager led by Richard Durant, seeks to identify market dislocations due to poor understanding of long-term business prospects, aiming for excess risk-adjusted returns through secular growth opportunities in markets with barriers to entry [1] - The research process emphasizes company and industry fundamentals to uncover unique insights, with a high risk appetite and long-term investment horizon targeting deeply undervalued stocks [1] Market Dynamics - An aging population with low growth and stagnating productivity is expected to create new investment opportunities, contrasting with industries facing stagnation or secular decline, which may improve business performance due to reduced competition [1] - The economy is increasingly dominated by asset-light businesses, leading to a declining need for infrastructure investments, resulting in a large pool of capital chasing limited investment opportunities, driving up asset prices and compressing risk premia over time [1] Leadership Background - Richard Durant holds undergraduate degrees in engineering and finance from the University of Adelaide and an MBA from Nanyang Technological University, along with having passed the CFA exams [1]
PNC Bank Launches PNC Mobile Accept®, A New Pay-As-You-Go Payment Processing Solution for Micro Businesses
Prnewswire· 2025-06-11 13:05
New solution enables small businesses to securely accept card payments via the PNC Mobile Banking AppPITTSBURGH, June 11, 2025 /PRNewswire/ -- PNC Bank today announced the launch of PNC Mobile Accept®, a fully integrated payment solution that provides its micro business clients with the ability to accept in-person credit and debit card payments directly within the PNC Mobile app.Designed for businesses processing less than $300,000 in credit and debit card transactions annually, PNC Mobile Accept is a self- ...
Mattr Finalizes Thermotite Sale
Globenewswire· 2025-06-05 11:00
TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Mattr Corp. ("Mattr" or the "Company") (TSX: MATR) announced today that it has completed the sale of its subsidiary, Thermotite do Brazil ("Thermotite"), the Company's final remaining pipe coating business, to Vallourec Tubular Solutions Ltda., a subsidiary of Vallourec S.A. ("Vallourec") (EPA:VK). The Company has received proceeds of $17.5 million USD, or approximately $24 million CAD at current exchange rates, on a cash-free, debt-free basis, subject to normal wo ...