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TBJ Plus: Triangle biz hands out nearly 700 meals; Durham distillery concocts sanitizer; "The Rock" praises NC legend

PIVOTING TO FIGHT HUNGER: Amidst the COVID-19 fallout that continues to unfold, TBJ Plus is hearing a lot of positive news about companies pivoting their business models to help those in need. Such is the case at Garner’s Rush Hour Karting.  Wh.....»»

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Leadership Lesson: 7 critical questions to ask before making business decisions

When I have 40% to 70% of the information I need, I make a decision.” — General Colin Powell, American military leader Every day, business leaders make decisions to resolve problems, grasp new opportunities, and stop situations that are not work.....»»

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Jobs in WNY: Medical assistants

There ar.....»»

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Macy"s, with local workforce of 3,600, to furlough majority of its 130,000 workers

Department store giant Macy's Inc. announced Monday that it will furlough the majority of its workforce of 130,000 as it grapples with the impact of COVID-19, which has ground sales to a halt. Macy's (NYSE: M), which employs about 3,600 in the Queen.....»»

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Dallas hospital to receive face shields made by Toyota

Toyota anticipates starting face shield production early this week in some of its idled factories, and a Dallas hospital will receive some of the face shields. Toyota said a couple of Texas hospitals will be among the first wave of distribution inclu.....»»

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Kentucky restaurants are only making a third of their normal revenue, association says

We are now two weeks into the mandatory dining room closure for Kentucky restaurants and revenues are falling significantly. The Kentucky Restaurant Association (KYRA) told me that operators are making 30% to 40% of what their revenues were before the c.....»»

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Hotel sector pleads for "second" stimulus ahead of $86B in likely loan defaults

Without federal intervention and relief, industry experts say the carnage will be widespread and result in instability in business and tourism centers for years to come......»»

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Here"s what you need to know about Seminole County"s social distancing order

Seminole County has taken steps to help stop coronavirus spread in the area. County officials put in place a social distancing order which took effect at midnight on March 30. The order, which is not the same as stay-at-home orders issued in Orange a.....»»

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Cherry Creek Shopping Center owner tells tenants they still have to pay April rent

A spokeswoman for Taubman Centers said that it is willing to be flexible, but it still has obligations as a landlord......»»

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Bay Area fintech veteran’s latest banking startup targets struggling middle class

The fintech scores well on timing as more Americans examine their monthly expenses amid the sharp economic downturn......»»

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Atlanta payments company EVO sees transactions fall due to COVID-19, cuts costs, raises $150M

Atlanta payments company EVO said March 29 its business has been hurt by the COVID-19 pandemic, and as a result it is cutting costs and has raised $150 million in a stock sale. Founded in 1989, EVO Payments Inc. is a payment processor servicing more tha.....»»

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Five Things for Monday, including Oregon"s disaster declaration

Good morning. Today is Monday. Here are your Five Things for a new week. Oregon was declared a federal disaster area Sunday, making more federal aid available for the state's COVID-19 response. Gov. Kate Brown, however, said more help was needed, pa.....»»

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Gov. Larry Hogan issues stay-at-home order for Maryland residents

Gov. Larry Hogan issued a stay-at-home order for Maryland residents on Monday morning after coronavirus cases increased nearly 400% in the past week. Hogan's order goes into effect at 8 p.m. Monday and requires Marylanders only leave their homes .....»»

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OneWeb Satellites to reduce local workforce

OneWeb Satellites will reduce its workforce at its Space Coast manufacturing facility as the coronavirus pandemic disrupts the factory’s operations, the company announced March 30.  OneWeb Satellites will not disclose the number of affected wor.....»»

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Cell and gene therapy firm raises $170M investment

ElevateBio, the local cell and gene therapy holding company created by former executives from Alexion Pharmaceuticals and bluebird bio, is set to move six drugs to clinical trials after raising new financing. ElevateBio aims to create and invest .....»»

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Arizona orders schools closed for remainder of year amid COVID-19 pandemic

Arizona is closing its K-12 public and charter schools for the remainder of the year, with state officials hoping to give more clarity to educators this week as they launch online learning in the wake of the COVID-19 pandemic. A statement released Mond.....»»

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Kentucky Center CEO Kim Baker: ‘There is no wand we can wave to solve these problems’

The arts organization .....»»

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IP sells Brazilian industrial packaging business for $330M

In fall 2018, as International Paper Co. undertook a strategic options review of its Brazilian industrial packaging business, CEO Mark Sutton told MBJ the process “might not involve an outright sale.” Flash forward two-and-a-half years, and, i.....»»

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Restaurateur optimistic he can open new eatery despite COVID-19

It's the latest new restaurant to be announced during the coronavirus pandemic......»»

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Fed economist on why job losses will continue to mount in North Carolina

“The question is, how long is this going to last and how soon can we get back to more normal activity? And right now, I think we just don’t really know," Richmond Fed Regional Economist Laura Ullrich......»»

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