Category: Business is Fun

These business owners want to reimagine their city’s food system

BALTIMORE — On a hot day recently, relief workers with World Central Kitchen passed out boxes of white fish with vegetables to South Baltimore residents.

Few of the recipients had likely heard of Alma Cocina Latina, the trendy Venezuelan restaurant in Canton that prepared the dishes. Nor were they likely to afford the eatery’s $15 arepas or $42 New York prime steak. The meals were free to community members because World Central Kitchen, the Washington based nonprofit, had paid the eatery $10 per dish.

While the coronavirus pandemic has lain waste to much of normal life, it may have given

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U.S. small businesses face mass closures without more pandemic aid

By Ann Saphir and Jonnelle Marte

OAKLAND, Calif./NEW YORK (Reuters) – After surviving two strokes at age 27, Olivia Colt threw herself into starting a catering business, a lifelong dream. Ten years and another stroke later, she had built Salt & Honey Catering Plus Events into a thriving operation in downtown Oakland.

Now with the coronavirus pandemic forcing cancellations of her customers’ weddings and events, she has slashed her staff from 25 to six and tried to drum up new business by selling groceries online. She secured a $100,000 forgivable loan under the U.S. Paycheck Protection Program (PPP) and another

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America’s Race Movement Affects You, Too

(Bloomberg Markets) — Black Americans, myself included, were not surprised by what happened to George Floyd and countless others who preceded him. Or, sadly, those who will surely follow him.

Enraged, yes. Hurt? Incredibly. Surprised, no.

These days, I’m often asked whether I regret returning to the U.S. after spending 23 years working and living in France and the U.K. As I near the end of my first year back, the answer is a hard no. I’d rather have a front-row seat to watch, query, and appreciate the shift that’s occurring here. Europe, for the record, has its own issues

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Success Academy Offers Sobering Lesson for Reopening NYC Schools

(Bloomberg) — If any school in America could find an edge just now — a magic way to reopen kindergarten or teach Algebra online — you might think it was one beloved by Wall Street millionaires and billionaires.

But not even Success Academy, the largest charter-school network in New York, the nation’s largest school district, has easy answers for teaching kids during this pandemic.

As school districts everywhere weigh bringing students back against the risks of spreading the virus, Success Academy offers a sobering lesson about how daunting that calculus has become. This much is certain: reopening schools is now

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A COVID-19 vaccine at what price? Should all Americans be able to get a shot for free?

How much should it cost the average American to get a COVID-19 vaccine shot in the arm?

Although a vaccine is still months if not longer away, billions of tax dollars are being spent to rapidly research, develop, manufacture and distribute several candidates. The federal government has already promised to make a vaccine free for people of low income. But how many taxpayer dollars would enable everyone to get it without paying? 

That’s not clear, in part, because the government hasn’t released the details of the contracts it’s signing with vaccine developers, five of which will update members of Congress

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