Complaints allege that the Port Authority favored contracts for minority-owned businesses while allowing vendors to overbid: ‘Unlawful and un-American’
Port Authority Accused of Illegal Contract Practices WASHINGTON – A civil rights complaint filed on Monday by conservative legal groups alleges that the Port Authority of New York and New Jersey improperly secured a significant portion of its contracts with minority businesses. The complaint claims that the authority may have received bids from preferred vendors […]
As the US steps back from global health, businesses need to step in.
The statistics are undeniable. Recent studies from Rancet predict that by 2030, there could be anywhere from 4.43 to 10.75 million new HIV infections and up to 2.93 million deaths related to AIDS globally. Reductions in USAID funding might contribute to as many as 14 million deaths worldwide, with half a million children potentially succumbing […]
Ohio senator proposes a 25% tax on businesses that move jobs abroad.
Ohio Senator Proposes Legislation Targeting Outsourcing Ohio Republican Senator Bernie Moreno has put forth new legislation designed to impose fines on companies that outsource jobs and operations overseas. This proposal, introduced on Friday, aims to support job creation within the United States. The legislation, dubbed the “International Transfer of Employment Act,” places a 25% tax […]
Security app Protector introduces service for businesses
Protector App Expands to Corporate Services for Enhanced Security On-demand security is getting an upgrade with the launch of Protector Corporate, an extension of the popular Protector app aimed specifically at businesses.The move comes in response to a surge in demand for security services following a tragic shooting in July that left four individuals dead […]
Businesses Are Taking on Costs Instead of Passing Them to Consumers to Keep Customers
Where Did Tariff-Driven Inflation Go? The enigma of how tariffs impact inflation seems clearer now. New data from the Federal Reserve suggests that U.S. companies are opting to absorb costs instead of passing them on to consumers, who are increasingly wary of rising prices. This could explain why consumer prices aren’t soaring as one might […]
Businesses Acquire Bitcoin at Four Times the Daily Mining Output, According to Research
River’s Bitcoin Flow Insights River Companies has reported that they receive significantly more Bitcoin daily than what is generated by miners. This U.S.-based Bitcoin Financial Services firm, which operates mining alongside brokerage services, shared a Sankey-style infographic on August 25. This infographic illustrates daily Bitcoin movements—outflows on the left and inflows on the right, with […]
Significant increases in health insurance rates expected for individuals and small businesses in WNY in 2026
In 2026, numerous consumers and small businesses in the state will experience significant health insurance increases, with double-digit percentage hikes driven by rising healthcare costs, hospital expenses, and soaring drug prices. For individual markets, insurers asked for an average rate hike of 13.5%. However, state regulators reduced this to 7.1%, as announced by the Financial […]
Hamptons popular spots for sale at deep discounts as high costs and complicated regulations hit businesses hard
Hamptons Restaurants Undergoing Sudden Price Cuts Two well-loved restaurants in the Hamptons have hit the market again, this time at surprising discounts. It seems the Covid boom that once highlighted these beautiful spots is starting to fade. Local restaurateurs are feeling uneasy, expressing frustration over what they describe as excessive scrutiny from local authorities. They […]
Businesses Shift Back to In-Person Job Interviews to Address Increase in AI Cheating
AI and the Shift Back to In-Person Interviews The rise of remote work has made virtual interviews quite common lately. But now, with more AI technology making its way into the hiring process, employers are starting to rethink this approach. One big worry is about candidates potentially cheating during these online interviews, especially in technical […]
Almost one-third of businesses intend to increase prices in the next six months, according to a report.
A recent study indicated that nearly one-third of US businesses are likely to increase prices before the end of this year, as they navigate through rising costs and inflation. More than 30% of companies surveyed by LendingTree mentioned they anticipate higher prices in six months. In contrast, about 5% expect a price decrease, while 65% […]