‘People are still spending money’: Small-business owners worry about a recession, yet many feel confident they will survive one. Here’s why

Small business owners say they have one more item to add to their list of worries: recession. More than four in five small business leaders say they worry that a recession will hit the economy soon and it will impact their businesses, according to a new survey by online business-banking platform Kabbage, a checking-account service … Read more

Speaker Announces House Will Not Consider So-Called “Advanced Recycling” Bill

Tuesday, June 21, 2022 GoLocalProv News Team View Larger + Speaker of the House Joe Shekarchi PHOTO: GoLocal On Tuesday morning, GoLocal published a story about growing opposition to a bill that opponents say would allow for the unregulated burning of plastics and what proponents call an innovation to recycle plastic products. “The House will … Read more

Ford Pledges to Work With Community Near Future Factory | Business News

By ADRIAN SAINZ, Associated Press BROWNSVILLE, Tenn. Ford Motor Co. (AP) officials on Tuesday pledged to be good neighbors to those in rural west Tennessee who live near the automaker’s planned electric truck factory, a project expected to create thousands of jobs and change the face of the region. More than 200 people attended a … Read more

Pilots Picket as Airline Unions Leverage Summer Travel Woes | Business News

By DAVID KOENIG, AP Airlines Writer DALLAS (AP) – Hundreds of uniformed Southwest Airlines pilots stood in perfect lines in the scorching Texas sun at Dallas Love Field on Tuesday, holding signs that blamed Southwest management for delays and cancellations that have upset passengers. Every once in a while, a motorist would honk or yell … Read more

Business Highlights: Rising Powell criticism, Kellogg split

___ Fed’s Powell facing rising criticism for inflation missteps WASHINGTON (AP) – Federal Reserve Chair Jerome Powell won praise for his deft leadership during the maelstrom of the pandemic recession. As threats to the US economy have mounted, though, Powell has increasingly struck Fed watchers as much less sure-footed. Inflation has proved higher and far … Read more

Trial of Elizabeth Holmes’ Partner, Ex-Lover Nears Climax | Business News

By MICHAEL LIEDTKE, AP Technology Writer A jury on Tuesday is scheduled to hear closing arguments in the trial of Ramesh “Sunny” Balwani, the former Theranos official charged with teaming up with his secret lover, CEO Elizabeth Holmes, to carry out a massive fraud. The three month of testimony and evidence mirrored the case against … Read more

UK Rail Strike Strands Commuters, Pits Workers Against Govt | Business News

By JILL LAWLESS, Associated Press LONDON (AP) – Tens of thousands of railway workers walked off the job in Britain on Tuesday, bringing the train network to a crawl in the country’s biggest transit strike for three decades. About 40,000 cleaners, signalers, maintenance workers and station staff were holding a 24-hour strike, with two more … Read more

Website recognizes Washington County for small business successes | News, Sports, Jobs

MARIETTA – SmartAsset, a leading online destination for financial advice, recently listed Washington County fifth among Ohio counties for small businesses. “We hope this study gives people local context on small business presence in their community,” said Alyssa Annunziato, senior public relations associate. “This study specifically shows the places in each state where small businesses … Read more

Asian Stocks Rebound as Wall St Futures Gain After Holiday | Business News

By JOE McDONALD, AP Business Writer BEIJING (AP) – Asian stocks rebounded Monday as Wall Street futures moved higher while US markets were closed for a holiday. Shanghai, Tokyo, Hong Kong and Sydney gained. Oil prices rebounded to above $ 110 per barrel. The future for Wall Street’s benchmark S&P 500 index was up 1.4% … Read more

Flights returning to normal after a difficult holiday weekend

Tracking service FlightAware was showing that as of Monday evening about 2,200 flights were canceled worldwide. Only 380 of those cancellations were to, from or within the United States, representing less than 2% of all US scheduled flights. That’s down from the 2,700 global cancellations Sunday. The situation improved even more for US flights, as … Read more