RALEIGH, N.C. — Big changes are coming to the Seaboard Station area in Raleigh. A mixed-use development is under construction where people will live and shop. However, it’s causing a problem for some neighboring businesses. Some business owners said the project is taking away parking spots from the customers they depend on. Michael Bell is the owner of the record store Hunky Dory at 111 Seaboard Ave. Suite 116. There is construction on massive new buildings outside his business. Bell said the footprint of the project is swallowing up parking spots where customers used to park. He said the construction has taken away an entire row of public parking, which is about 20 parking spots. “We were already struggling with finding places to park,” Bell said. Mon Macaron dessert shop founder Autumn Hicks echoed Bell’s sentiments about parking. “The last six months, it has been a major issue for us,” Hicks said. Bell said there are times it’s so bad that even his employees can’t find a parking spot to open the doors to the business. “Are you pushing us out, or are you going to do something about this?” Bell asked of city leaders. Bell wants to know […]

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Yahoo Finance entertainment reporter Allie Canal breaks down Netflix’s fourth-quarter earnings results and the news that Reed Hastings will be stepping down from his CEO role. Netflix ( NFLX ) freeloaders, beware! The company is ramping up its password sharing crackdown. Following fourth quarter earnings results on Thursday that saw subscriber numbers leap past expectations, the company warned in its quarterly letter to shareholders it will be intensifying its push to combat password sharing. "Later in Q1, we expect to start rolling out paid sharing more broadly. Today’s widespread account sharing (100M+ households) undermines our long term ability to invest in and improve Netflix, as well as build our business," Netflix said. The company explained it’s been building additional new features to improve the overall Netflix experience, including the ability for members to review which devices are using their account and to transfer a profile to a new account. Members can also pay extra if they want to share the platform with people they don’t live with. "As we work through this transition – and as some borrowers stop watching either because they don’t convert to extra members or full paying accounts – near term engagement, as measured by […]

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The lids Starbucks uses for both hot and cold drinks have issues, workers say. Insider spoke to five Starbucks workers around the US who reported faulty lids. The workers said lids don’t fit cups and regularly spill on customers. Starbucks didn’t comment on the lids, but the company has dealt with supply chain problems in the past. Top editors give you the stories you want — delivered right to your inbox each weekday. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Something is not right with the lids Starbucks uses for its drinks, some workers say. Insider spoke to five employees in five states. They describe supplied lids fitting inconsistently, which frequently leads to spilled drinks, slower drink preparation, and worse customer experiences. It seems no type of lid is safe from the scourge, with workers saying they have issues with lids for both cold and hot drinks. Even the domed lid for Frappuccinos that allows a […]

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A third-generation Baltimore company changed hands last month in a deal spurred in part by decades-long friendships in the tight-knit beverage distribution industry. Bond Distributing Co., which was founded in 1950 , sold at the end of the year to the Honickman, Origlio and Bergson Organization (HOBO), which is made up of the three eponymous families and focuses on beer distribution primarily in the northeast. The acquisition marks HOBO’s entrance into Maryland, where Bond distributes beer, wine and liquor to 3,000 retail customers. Financial terms of the deal were not disclosed. Matrix Capital Markets Group Inc. brokered the deal and Venable LLP provided legal counsel to Bond. Selling Bond was “the hardest decision we ever made” said Randi Settleman, who served as president at Bond prior to the sale and represented the third generation in the business, along with her sister Leslie Schaller, who served as vice president. The decision came down to “right time, right people,” Settleman said, and was made easier by their familiarity with the families that comprise HOBO as well as the fact that pretty much everything about Bond will stay the same. The name will remain as will all of its roughly 140 employees […]

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Over 220 global companies are continuing "business as usual" in Russia, according to Yale University. More than 550 international companies, many from Europe, are still doing business in Russia to a lesser or greater extent, defying public pressure to pull out of the country following the invasion of Ukraine, according to a new report by Yale University. Out of these, 223 companies are considered to be operating "business as usual," including prominent firms from Italy (Boggi, Benetton, Calzedonia), France (Clarins, Etam, Lacoste), Germany (Siemens Healthineers, B. Braun), and the Netherlands (Philips). The "business as usual" list also features some well-known American firms, like Tom Ford, Tupperware and TGI Friday’s, as well as numerous Chinese enterprises, like Alibaba, Tencent and ZTE, and air passenger carries, like Emirates Airlines, Egyptair, Qatar Airways and Turkish Airlines The numbers are compiled and regularly updated by an expert team from Yale University, which has been tracking corporate announcements since the war broke out in February 2022. In total, the Yale database features 1,389 companies from all over the world, split into five categories: Digging in : 223 companies that are still doing "business as usual," including the aforementioned firms. Buying time : 162 companies […]

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Kim Kardashian visited Harvard Business School on Friday. Kim Kardashian was keeping up with the next generation of business minds in Boston on Friday. Kardashian paid a visit to Harvard Business School, where she and Jens Grede, the co-founder of Kardashian’s shapewear business SKIMS, were invited to speak to students about the success of their business. “Kim, what do you think of Boston?” a reporter for NBC Boston asked as she left the business school Friday afternoon. “Love it,” Kardashian said. According to Forbes, Kardashian has a net worth of $1.8 billion , thanks in large part to her direct-to-consumer (DTC) businesses, cosmetics line KKW Beauty and SKIMS, the latter of which had a valuation of $3.2 billion last year. Fittingly, Kardashian and Grede visited a class dedicated to direct-to-consumer businesses called “Moving Beyond DTC,” taught by Professors Len Schlesinger and Ayelet Israeli and Executive Fellow Matt Higgins. Before arriving on campus, Kardashian sparked social media intrigue when she posted a blurry photo of the new Boston Common statue “The Embrace” on her Instagram at around 10:30 a.m., leaving many wondering why she was visiting the city. Kardashian also posted a video of the business school’s sign, a popular […]

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Live Cycle Delight founder Amina Daniels. Amina Daniels, Detroit native and owner of West Village fitness studio Live Cycle Delight, says a certain saying has applied to the 6-year-old business since the start of the COVID-19 pandemic.

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Back to All News “Fiber + Strand really fits into a key niche of our economic development strategy, which is not only helping businesses start up, but scale up. The Economic Development team specifically invested in this project through a loan which helped with the build out and some of the acquisition of some of the furniture and fixtures. It is really important to help independent business owners continue to grow.” – Brandon Sehlhorst, Director Economic Development Stepping into Fiber + Strand is like walking into an art gallery rather than a hair salon. Located in historic Fort Industry Square, this new downtown business is luxurious. The exposed brick walls, grand windows which overlook the Maumee River, and open ceilings create an atmosphere of elegance and class. Owner and stylist Janelle Jared enlists a talented team of elite “artists” who are dedicated to making every guest feel relaxed, renewed, refreshed and beautiful. Why did you decide to open Fiber + Strand downtown? I’ve always had a love affair with downtown. I lived downtown when I was in my early twenties and it’s been really fun just to see everything grow and change. I got really excited when I saw […]

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Leechburg Area sophomores Sophia Musselman (left) and Sophia Charles display resin jewelry they designed during class this semester in their art, marketing, design and technology class. The jewelry is sold to the public. A student-run business at Leechburg Area High School is expanding. Creations by Creation Candles is the latest line of handmade resin jewelry sold by Creation Candles , a custom candle business established last year in the school’s art, marketing, design and technology class. The course is taught by art teacher Shayle Prorok and enrolls eight students. Prorok said the goal with the course is to have a self-sustaining business within the school that is run exclusively by students. This resin ocean-themed necklace was made by students during the art, marketing, design and technology class at Leechburg High School. The students manage and make decisions on all aspects of the business, including marketing, advertising and the production of candles and, now, jewelry. Honing her entrepreneurial skills is important to sophomore Sophia Musselman of Leechburg. Musselman and classmate Sophia Charles worked for weeks to perfect the resin-making process and are set to share their tips and tricks with the rest of the class. Each piece of jewelry is […]

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Storm Peak Roofing Company owner Zach Harper, right, is joined by his wife Hunter Gansmann and the couple’s son Paxton for this family photograph. Harper recently started Storm Peak Roofing, and his wife owns Salon Monet in Steamboat Springs. Zach Harper envisions his business venture as a way to service the community he has come to love while securing his family’s future in Northwest Colorado. “We’re just a young family trying to make it in Steamboat,” said Harper, who founded Storm Peak Roofing Company earlier this month. “We are feeling the struggle and just trying to make it work.” Harper came to Steamboat Springs when he was 18 years old to attend Colorado Mountain College and pursue a degree in the ski and snowboard business. He spent a couple of years working at Steamboat Resort before taking a job in construction. Several years ago, he shifted his focus to roofing, and he has been working for a local roofing company for the past six years. This year he decided the time was right to venture out on his own. “We have not done any marketing or advertising at all, and we’ve got quite a few jobs lined up,” Harper […]

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