Tag: Business

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

Read more

How to Build a Business in Blockchain

Lex Sokolin, a CoinDesk columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company. The following is adapted from his Future of Finance newsletter.

Mike Cagney is the Co-Founder and CEO of Figure, a full stack financial services blockchain company with consumer offerings in market or on the way in lending, banking and more. In late-2019, Figure raised $103 million at a $1.2 billion valuation and continues to grow. Its Provenance blockchain promises radical efficiencies in the $400 billion annual loan origination and trading process.

Prior to starting Figure, Mike co-founded and ran SoFi, which raised over

Read more

Get insider business school-style training from home for $34.99

Get insider business school-style training from home for $34.99
Get insider business school-style training from home for $34.99

TL;DR: Better your business with the Ultimate All-Access Business bundle ft. an award-winning business school professor for $34.99, a 98% savings as of July 9.

Going to business school doesn’t come cheap. Depending on where you go, earning an MBA could set you back between $100,000 and $200,000, reports Investopedia. It also translates to a major time commitment — something that can feel daunting and downright intimidating to someone who’s already working a full-time job.

The good news is that if you still want to learn new business skills without going

Read more

Big business, political strategy and corporate involvement in US state politics

<span class="caption">Protesters rally to have Colorado's then-incoming governor put an up-to-nine-month moratorium on oil and gas development.</span> <span class="attribution"><a class="link rapid-noclick-resp" href="https://www.gettyimages.com/detail/news-photo/from-left-to-right-sandy-tolland-in-hat-miranda-glasbergen-news-photo/1076896552?adppopup=true" rel="nofollow noopener" target="_blank" data-ylk="slk:Helen H. Richardson/The Denver Post via Getty Images">Helen H. Richardson/The Denver Post via Getty Images</a></span>
Protesters rally to have Colorado’s then-incoming governor put an up-to-nine-month moratorium on oil and gas development. Helen H. Richardson/The Denver Post via Getty Images

Political spending by corporations is big business.

As one corporate executive with experience in business-government relations says, “A company that is dependent on government that does not donate to politicians is engaging in corporate malpractice.”

Our research group heard that statement during a series of interviews with industry insiders that we conducted for a study on corporate political strategy and involvement in U.S state politics.

In the 2018 election cycle, for example, private interests spent US$500

Read more

Royal Mail to cut 2,000 jobs as virus hits business

Royal Mail is to cut 2,000 management jobs as it struggles to deal with the effects of the coronavirus crisis.

The cuts, about a fifth of the company’s management roles, aim to save about £130m in costs from next year.

Royal Mail said the pandemic accelerated the trend of more parcels and fewer letters being sent, and it had not adapted quickly enough to that.

The company’s challenges have included former boss Rico Back making a surprise exit from the business in May.

The job losses will hit senior roles hardest, with half of them set to go, and will

Read more