U.S. Business Community Mobilizes Support for Growing Post-Earthquake Humanitarian Needs; $33.1 Million in Corporate Aid Pledged

U.S. Business Community Mobilizes Support for Growing Post-Earthquake Humanitarian Needs; $33.1 Million in Corporate Aid Pledged

Efforts Kicked Off Today with Briefings from Turkish and U.S. Ambassadors, AmCham Türkiye and USAID EU Expansion of Merger Control Regime Threatens Harm to Governments, Consumers, and Businesses WASHINGTON D.C. – The U.S. Chamber of Commerce Foundation today launched private-public coordination efforts to help the areas impacted by the earthquakes in Türkiye and Syria. This includes a corporate aid tracker currently showing pledges from the U.S. business community totaling more than $33.1 million. “At the U.S. Chamber of Commerce Foundation, we want to ensure we are focusing the private sector on the right problems to develop high-impact solutions to help survivors," said Marc DeCourcey, Senior Vice President, U.S. Chamber of Commerce Foundation. “We know that at this phase, cash donations are most helpful to on-the-ground humanitarian efforts, mitigating the unintended consequence of sending unsolicited in-kind goods. This situation is highly dynamic and needs will evolve. We are committed to sharing ongoing information and resources that support the business community’s important role in this response.” To support the earthquake response efforts, the Chamber’s Foundation and U.S.-Türkiye Business Council today united the business community, U.S. and Turkish Ambassadors, USAID, American Chamber of Commerce in Türkiye (AmCham Türkiye), and international non-government organizations […]

Hewitt daycare owner claims business shut down without just cause, suing state regulatory agency

Hewitt daycare owner claims business shut down without just cause, suing state regulatory agency

File Graphic(MGN ONLINE) HEWITT, Texas ( KWTX ) – The owner of a Hewitt day care whose license was revoked by a state regulatory agency earlier this month is suing the agency, claiming her business was shut down without just cause. Shelia Brown, owner of Aspiring Future Leaders Academy, is suing the Texas Health and Human Services Commission. Her lawsuit, filed Wednesday in Waco’s 74th State District Court, seeks an injunction to block the revocation of her license and asks that her business at 119 N. Hewitt Drive be allowed to continue operating. According to a letter from the agency filed with the lawsuit, the day care poses “an immediate threat to children based on the operation’s abuse/neglect finding, the number and pattern of deficiencies and the operation’s failure to improve compliance and reduce risk to children despite the plan of action and probation.” The HHS issued a permitting license for the day care, which cared for about 75 children, in January 2018, placed it on probation for violations in July 2022 and revoked its license on Feb. 6, according to the lawsuit. The suit asks 74th State District Judge Gary Coley Jr. to issue an injunction that would […]

Woman-owned Milwaukee business one of the first hired by MKE 2024 Host Committee

Woman-owned Milwaukee business one of the first hired by MKE 2024 Host Committee

Copy This Embed Code: Ad MILWAUKEE — Milwaukee businesses have already begun reaping the benefits as organizers dive deep into the planning stages to host the 2024 Republican National Convention. "This is like pinch me. Is this real," said Anne Zizzo, CEO and founder of Zizzo Group Engagement Marketing in Milwaukee. The MKE 2024 Host Committee, which is the force behind pulling off the RNC, chose Zizzo’s company to help with marketing and creating its new website. It is a critical tool to connect guests to information on the Brew City. "What we appreciated so much about the opportunity is they are the nonpartisan organization that is ultimately establishing every aspect of making sure that hosting this global event here in Milwaukee in July of 2024 is going to be perfect," Zizzo explained. Zizzo is eager to see other businesses shine during an event expected to spark economic impact as high as $200 million. "I have no doubt people will see what I love about the city in the area I grew up in," Zizzo said. It was 1995 when Zizzo started the business in her basement. At the same time, her father was terminally ill and she just […]

Two Gibson Dunn Deals Selected as China Business Law Journal’s 2022 Deals of the Year

Two Gibson Dunn Deals Selected as China Business Law Journal’s 2022 Deals of the Year

China Business Law Journal has named PDSTI’s investment into ICON Aircraft and SINA Corporation’s privatisation-related Cayman proceedings among its Deals of the Year 2022. Gibson Dunn advised Shanghai Pudong Science and Technology Investment (PDSTI) and the Special Committee of SINA Corporation in connection with the matters. The full list was published on February 9, 2023. Gibson, Dunn & Crutcher’s Beijing office is dedicated to servicing the needs of our clients establishing operations and doing business in China and those of our Chinese clients in their international transactions. The Beijing office works closely with lawyers in our Hong Kong office, enabling us to provide Hong Kong law capability where relevant.

Arkansas/Washington business owners indicted for trying to defraud CARES of millions

Arkansas/Washington business owners indicted for trying to defraud CARES of millions

Two men worked together and with others to receive money from COVID-19 relief programs by turning in fraudulent applications for inactive businesses. SPOKANE, Wash. — An Arkansas man, Tyler Andrews, and a former Spokane man, Yuriy Anischenko, were charged with 11 counts of fraud to obtain millions of dollars in COVID-19 relief funds for struggling businesses. According to documents the two men worked together and with others to receive money from COVID-19 relief programs by turning in fraudulent applications for inactive businesses. Anischenko received more than $300,000 from relief funds which he then shared with Andrews. Anischenko also recruited others to prepare and submit fraudulent applications. Court documents say that Andrews is also charged with three counts of Aggravated Identity. “COVID-19 relief programs quickly ran out of money due to the number of people and businesses that requested funding, which meant that some deserving small businesses could not obtain funding to keep their businesses open during the COVID-19 pandemic,” said U.S. Attorney Waldref. The fraud and conspiracy charges carry sentences up to 20 years in federal prison and the identity theft charges carry a 2-year mandatory sentence. HOW TO ADD THE KREM+ APP TO YOUR STREAMING DEVICE ROKU: Add […]

'Show up for us': Black business owner urges Iowans to support local entrepreneurs

‘Show up for us’: Black business owner urges Iowans to support local entrepreneurs

A local minority-owned business and the West Des Moines Chamber of Commerce are working to help BIPOC businesses find support in the community. She’s been in business for five years and set up shop after feeling frustrated with the restraints corporate America places on Black women. "When I first started out, and being an entrepreneur, it was back in 2018, you know," Perry said. "I was just tired of the corporate world, not being able to go anywhere." As a female entrepreneur, she noted some of those barriers still exist "Starting a business, you don’t have the funding, you’re doing everything out of your pocket. And so it’s a lot of challenges with trying to get capital and moving yourself forward and trying to overcome all of the obstacles that are faced in the minority world," she said. President and CEO of West Des Moines Chamber of Commerce Katherine Harrington says the inequity for minority businesses is why the chamber holds an annual Athene Black and Brown Business Summit aimed to help entrepreneurs like Perry. "Everybody knows all the stats are out there. It’s a well known fact that they do not get the support they need," Harrington said. […]

Why Adani’s $100 Billion Loss Hasn’t Tanked India’s Markets

Why Adani’s $100 Billion Loss Hasn’t Tanked India’s Markets

The steadfastness of India’s economy attests to the size and seeming strength of the country’s broader business landscape. Gautam Adani, the chairman and founder of the Adani Group.M. Scott Brauer for The New York Times When shares of the Adani Group, until recently India’s largest conglomerate, began their free fall late last month, shedding more than $100 billion in days, some observers worried that the collapse could bring down the country’s capital markets, and with them the Indian economy. That would be a frightening prospect not just for India but for the world. The country’s economy recently passed Britain’s to become the world’s fifth largest, and it is the only big one — China’s included — that has clocked strong and steady growth since pandemic restrictions were relaxed. But the fears of a broader market contagion have not come to pass. Indian equities as a whole enjoyed a calm week in Mumbai, the country’s financial center, and have held largely steady since the Adani collapse. India’s main market index is nearly 2.5 percent above where it stood a year ago, even as U.S. stocks have fallen by more than 4 percent during the same period. The steadfastness attests to […]

Business, film subsidies draw scrutiny at forum

Business, film subsidies draw scrutiny at forum

ALBANY — Gov. Kathy Hochul’s push to sweeten the state’s film and television tax credit program comes at a time when some lawmakers are out to determine whether the state’s economic development efforts are yielding sufficient benefits for New Yorkers. Representatives of the entertainment industry and the unions whose members have secured jobs from New York productions threw their support Thursday to Hochul’s proposal to boost the film subsidy from $420 million a year to $700 million annually. Citing his experience as commissioner of the Buffalo/Niagara Film Office, Tim Clark, said at a legislative budget hearing the New York incentives “absolutely drive where movies and scripted television shows are made.” Before the creation of the Empire State tax credit, Clark recalled, films set in Buffalo were shot in Toronto, Winnipeg and even Southern California. In a reversal of fortunes, Buffalo has played host to films with story lines set in locales as diverse as Clarksdale, Mississippi, and Martha’s Vineyard, Massachusetts, he noted. “We are now a movie-making destination — something I never envisioned when I became film commissioner 17 years ago,” Clark said. But some lawmakers and others at the hearing were openly skeptical about the enhanced package of […]

US restricts 6 Chinese companies tied to airships and balloons

US restricts 6 Chinese companies tied to airships and balloons

CNN — The US Commerce Department is restricting six Chinese companies tied to the Chinese army’s aerospace programs from obtaining US technology without government authorization. The move comes after a Chinese balloon suspected of carrying out surveillance flew over the US last week, raising political tensions between the world’s two largest economies. US fighter jets shot down the balloon, which American officials have since claimed is part of an extensive surveillance program run by the Chinese military. The six companies support the Chinese government’s “modernization efforts, specifically those related to aerospace programs, including airships and balloons and related materials and components, that are used by the People’s Liberation Army (PLA) for intelligence and reconnaissance,” the Commerce Department’s Bureau of Industry and Security said in a statement . The six companies are: Beijing Nanjiang Aerospace Technology; China Electronics Technology Group Corporation 48th Research Institute; Dongguan Lingkong Remote Sensing Technology; Eagles Men Aviation Science and Technology Group; Guangzhou Tian-Hai-Xiang Aviation Technology; and Shanxi Eagles Men Aviation Science and Technology Group. The inclusion of the companies on the Commerce Department’s “Entity List,” sends “a clear message to companies, governments, and other stakeholders globally that the entities on the list present a threat […]

Free tax help available through Emporia State School of Business, AARP for qualifying residents

Free tax help available through Emporia State School of Business, AARP for qualifying residents

KVOE News file photo. Volunteers from two entities are ready to help qualifying residents with their taxes. Emporia State School of Business students are once again involved in the Volunteer Income Tax Assistance or VITA program. Adjunct instructor Payson Maydew says this gives accounting students “real-world experience” before they officially start their careers. The VITA program offers free tax return preparation for residents who make $60,000 or less, have disabilities or are limited English speakers. Residents in these categories can drop off their information and related forms at Emporia State Cremer Hall Room 421. They then schedule a pickup time. Residents with questions can call 620-341-6481. Also, the American Association of Retired Persons’ Tax-Aide program is offering help with tax returns for people needing simple returns. It’s the first time the AARP has offered this service since the start of the COVID-19 pandemic in 2020. AARP is partnering with the Emporia Senior Center and Emporia State Federal Credit Union for this service. Residents can call the Senior Center at 620-343-3160 weekdays between 9 am and 1 pm to set appointments. Senior Center hours are 9 am to noon Mondays and Wednesdays, while Credit Union hours will be 5-6 pm […]