Strong opinions on both sides of the immigration issue don’t make achieving consensus easy, but for tech leaders, the bottom line is clear: Immigration fuels growth and needs to accelerate, not slow down. Opinions expressed by Entrepreneur contributors are their own. In almost every country, immigration is a contentious issue, particularly as it affects the economy. On one side of the debate, detractors argue that too much can saturate job markets and depress wages, while on the other side are those who point to falling birth rates in developed countries and to the need for labor in sectors with increasing worker shortages. Here in Canada, we’ve been for years fairly liberal about allowing immigration. According to Statista , just shy of 493,000 people arrived here legally between July 1, 2021 and June 30, 2022. And the results of a 2022 poll by Research Co. indicate that three-quarters of Canadians see their arrival and contributions to the economy as a net positive. As a CEO heavily involved with the technology sector, I couldn’t agree more. The reality is that immigrants are critical to economic growth, particularly in this sector, and I’m not the only one saying so. Canada is in […]

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Simply Swag, a consignment craft store at 4302 13th Ave. S., Fargo, is pictured Monday, Feb. 6. FARGO — Simply Swag, a consignment store that sells locally made handcrafted items, will close its brick and mortar retail shop Feb. 28, the store recently announced on social media. Owner Jessica Erickson said the supply chain snarls and the rapidly rising cost of crafting supplies has squeezed the vendors who rent space at the store. “Our vendors are having a hard time finding supplies to make those products that they sell,” Erickson said Monday, Feb. 6. If the materials can be found, “they are way overpriced,” she said. “They are having a hard time keeping going.” The result is that the store at 4302 13th Ave. S. has had difficulty stocking enough products. “After Christmas, our sales are way down from previous years. It was time to close up shop,” Erickson said. They will still continue to sell at craft shows and craft fairs. She said she will post those events on Facebook. Gift cards and gift certificates will be honored at the shows, or on the store’s Etsy and Shop North Dakota pages. Customers are urged to contact Erickson first […]

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Medellín, February 10, 2023. Viva, the Low Cost airline that promotes the air inclusion in Colombia and the region, announces the start of the process of Delaware Business Recovery (PRE) in accordance with the regulations that protect companies affected by the COVID-19 crisis, with a view to achieving its permanence in the market, pending the urgent definition by Aerocivil about its alliance with Avianca. This determination occurs due to the crisis that it faces when adding to the effects of the Covid-19, the current macroeconomic factors that are public knowledge. Additionally, the company has not been able to access capital during the last nine months since it has not yet been possible to implement its integration with another airline, which is still pending authorization from the National Government. Viva accepts this voluntary recovery process that lasts 90 days, in order to restructure their debts through a negotiation with their major creditors to continue operating under sustainable conditions that guarantee the continuity of the company. This decision comes after six months of waiting of the definition of the alliance with Avianca, which if approved will allow us to continue in the low-cost business through our linkage to another group of […]

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Farmers are forecast to increase planting this year to make the most of high grain prices and offset their higher costs. The U.S. agriculture industry is projecting another strong year, with elevated crop prices and China’s rebound from Covid-19 expected to boost farmers, chemical suppliers and grain traders. Grain-trading middlemen, including Archer Daniels Midland Co. and Bunge Ltd., said demand for crops, vegetable oils and livestock feed will remain strong in 2023. China is also expected to increase its crop imports as Covid-19 restrictions in the country ease, executives said. Seed and pesticide sellers said those forces should support crop prices and keep farmers flush with cash, enabling them to shell out for higher-priced supplies.

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The growing popular trend of labor hoarding is an effort of businesses to pump up benefits to ease … [+] getty Small businesses are facing big challenges due to talks of a recession and layoffs across multiple industries. As a result, job insecurity is looming for both employers and employees as it becomes harder to fill positions. An Insight Global study reported that 77% of the American workforce planned to stay in their current jobs. And in a recent Skynova survey a whopping majority of 1,010 business owners (21% large, 22% medium and 57% small businesses) say they are labor hoarding . That means they are pumping up their investments in employees to keep the status quo and avoid a labor shortage. Labor hoarding usually occurs in a downturn or recession when businesses avoid layoffs at all costs and employees stay put due to job shortages. Sounds like a match made in heaven, according to Sara Jensen, senior vice president of growth and strategy at Innovative Employee Solutions . “This strategy can be a win-win for both companies and talent,” Jensen explained to me. “It is extremely beneficial for companies by offering a strategic way to continue to meet […]

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Sarah Roesler, left, adds caramels and Emily Fletcher adds pens to gift boxes at White Spruce Market headquarters in Duluth on Feb. 6. DULUTH — Bailey Aro Hutchence’s workspace is a pole barn on the outside, and confetti-covered chocolate bars, sparklers and trivia tins on the inside. White Spruce Market is Aro Hutchence’s curated gift box business, which will have new website Feb. 20 and a planned on-location expansion this year. Bailey Aro Hutchence, founder of White Spruce Market, talks about some of her favorite products Feb. 6. Unlike a subscription box with a monthly sprinkling of mailed goodies, her clients can carefully select from a long list of products to build their own token of appreciation for loved ones and associates, or, enlist the help of Aro Hutchence and her team to do it from the ground up. And, with the gift items set, White Spruce Market takes care of everything, right down to the handwritten note. “As the owner of multiple businesses, I know how easy it is to get in the weeds with little tedious projects," Aro Hutchence said. "What you think can be simple and straightforward, ‘I’m going to send gifts to 15 of my […]

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Siemens demonstrated how the enormous potential for optimizing machine tools can be utilized, thanks to the continuous analysis of production data. With the open digital business platform Siemens Xcelerator, IoT-enabled hardware and software, the company demonstrated how the physical world can be connected to the digital world. Such a portfolio accelerates digital transformation and enables flexible and sustainable action both in the building of machine tools and in use. Apps for the machine tool business with Siemens Xcelerator Siemens recently launched an open, digital business platform called Xcelerator. The company seeks to enable customers of all sizes in the fields of industry, buildings, power generation, public utilities and mobility to accelerate their digital transformation and increase value creation. The business platform makes digital transformation easier, faster and scalable. It comprises three cornerstones — a curated portfolio of internet of things (IoT) enabled hardware, software and digital services from across Siemens and certified third-parties; a growing ecosystem of partners; and an evolving marketplace to facilitate interactions and transactions between customers, partners and developers. With applications such as Manage MyResources/Tools, Manage MyResources/Programs, Analyze MyPerformance/OEE, Manage MyMachines, Manage MyMachines/Remote and Analyze MyMachine/Condition, as well as the Industrial Edge for Machine Tools platform, […]

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The Pittsburgh Business Times is bringing together a panel of real estate insiders and experts to provide their insights and perspectives on the future of the Greater Cranberry region at an in-person breakfast scheduled for Feb. 16 at the Pittsburgh Marriott North in Cranberry Woods. Moderated by Business Times Editor-in-Chief Jennifer Beahm, Corridors of Opportunity: Greater Cranberry will give attendees the chance to hear local experts talk about Cranberry and surrounding areas, a part of the region that is becoming more and more of a draw for homebuyers and developers alike. For more details about the event or to register to attend, go to our Corridors of Opportunity: Greater Cranberry event webpage. There is also a Q&A with the event panelists available to read on our website . Ever since Westinghouse Electric Co. first began facing its ups and downs in the middle of the last decade, the subleasing campaign at the nuclear energy firm’s headquarters has served as an informal measure of Cranberry Township’s economy. Today, in the aftermath of all the challenges of the Covid-19 pandemic, JLL reports its 315,000-square-foot sublease assignment first started in 2017 is now all but finished. Think of it as a fresh […]

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Office of the Premier FREDERICTON (GNB) – Premier Blaine Higgs delivered his annual state of the province address today, highlighting the province’s growth and continued opportunities in health care, education, energy development, and the economy. “From the beginning, we promised to do things differently,” said Higgs. “And now we are seeing the outcomes of our actions – positive results that many thought were impossible just a few years ago.” He said that employment in New Brunswick is rising, as are wages, including the minimum wage. In addition, the population is registering the highest growth since 1867, with Moncton being recognized as the fastest-growing metropolitan area in the country. Businesses are expanding and attracting strong private investment across the province, while all exports, manufacturing sales and housing sales are climbing, he said. Higgs said the government remains committed to becoming a leader in energy innovation and development to support growth at home, lead in reducing emissions, and help global allies grapple with an energy crisis. The government is actively supporting a number of clean energy solutions and transition fuels to support a path to net zero, he said. It has invested in small modular reactor technology, is developing a long-term […]

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Nauticus Robotics’ Aquanaut electric subsea robot system. If the Russian invasion of Ukraine has taught us anything it’s that war isn’t now so much a matter of slugging it out hand to hand on the battlefield and firing big lumps of metal at each other, although sadly that still happens, but increasingly about making far greater use of remote controlled and autonomous or semi autonomous weaponry. It’s also not just about using drones as observation platforms, target spotting or dropping a mortar bomb into an unsuspecting Russian tank’s hatch but the intelligent use of data gathering and observation. Here in Scotland we independence supporters often talk about what the shape and size of the Scottish armed forces might be and what opportunities it might present for Scottish industry. A few decades ago myself and a couple of colleagues working on Remotely Operated Vehicle (ROV) design put forward the idea of a simple, cheap, one shot, battery powered mine demolition vehicle controlled initially by a fibre optic link. But, we also toyed with the idea of making it semi autonomous. The idea being to use acoustic telemetry to guide it close to the target then allow its internal sensors (short […]

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