CALHOUN, Ga., May 18, 2020 /3BL Media/—The recently enacted Coronavirus Aid, Relief, and Economic Security Act, also referred to as the “CARES Act,” contains several tax breaks designed to help businesses and workers get back on their feet as quickly as possible. Included within this legislation is a new tax benefit for renovating or improving business properties.
The COVID‐19 crisis is accelerating the transformation of business – one that solidifies the private sector mandate of a stakeholder‐first, rather than shareholder‐only, mentality. We’ve kept a pulse on this shift, brand action and stakeholder expectations, revealing that 75% of the U.S. public believes business must take action to protect employees, care for communities and support front-line workers in the fight against COVID‐19. Companies who have rapidly and authentically met this expectation demonstrate Purpose – at its finest.
Where there’s a will, there’s a way. And anyone who has looked at the global economic forecast lately is probably willing to consider a few ways to ensure that GDP growth doesn’t slow to a grinding halt.
Investment to back CDFIs deploying Paycheck Protection loans
CHICAGO, May 11, 2020, /3BL Media/- Northern Trust Corporation (Nasdaq: NTRS) announced today it is providing $100 million in low-cost funding to assist Community Development Financial Institutions (CDFIs) as they provide loans to small businesses and non-profit organizations under the federal Paycheck Protection Program (PPP).
As the horrendous economic news continues to pile up, somehow stock prices keep bouncing back, leaving many of us scratching our heads. This week’s guest on Sea Change Radio tries to help us make sense of it all. Mark Tulay, a consultant and expert in the field of sustainable investing, breaks down how Wall St. can essentially ignore economic reality, and how the stock market paints a picture of economic health despite the tens of millions of Americans suddenly out of work. Will Wall St.
Campaign advances Sysco’s efforts to help small foodservice businesses stay in business and encourages Americans to support local restaurants
HOUSTON, May 1, 2020 /3BL Media/ - Sysco Corporation (NYSE:SYY) announced today the launch of a new “Foodservice Doesn’t Brake for Adversity” campaign designed to help small foodservice businesses stay in business. The campaign will consist of strategically placed messages across multiple channels designed to encourage Americans to support their local restaurants and also highlights the resilience of all foodservice workers.
Former Coal Mines being upcycled into craft spirits, sustainable farms, metal and tire recycling, and other sustainable businesses
FISHERS, Ind., April 30, 2020 /3BL Media - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining sites to create sustainable community development and job creation has developed a complete solutions-based lifecycle program to rehabilitate the environment throughout the Central Appalachia and Southern Indiana regions, then repurpose the land to support sustainable businesses that serve the local community and a displaced, skilled labor force.
Fifth Third's Chief Investment Strategist Jeff Korzenik joins Neil Cavuto on Fox Business News to provide some context for news of potential antiviral treatments for COVID-19. He also reminds viewers that failure to reengage workers quickly can have a very high long-term cost. A lesson of 2008/09 we learned only in hindsight is that long-term unemployment can all too easily become permanent unemployment.