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Ruth | April 24, 2020
The parent company of Ruth’s Chris Steak House, which has been at the center of a national firestorm after it claimed $20 million from a fund meant to help small business survive the coronavirus pandemic, is returning the money. The news, first reported by the Wall Street Journal, broke hours after the U.S. Treasury Department updated its guidance for the “Paycheck Protection Program” to say that companies applying for the potentially forgivable loans “must certify...
Accounting Today Homepage | March 04, 2020
The pace of small-business job growth accelerated for the third month in a row in February, according to payroll giant Paychex, but the rate of hourly earnings growth slipped. The Paychex | IHS Markit Small Business Employment, released Tuesday, showed a 0.15 percent increase in employment growth in February, and 0.22 percent in the past quarter, though it was down 0.61 percent from last year. Hourly earnings growth dipped to 2.74 percent in February. Weekly hours worked also fell for the second...
BUSINESS STRATEGY
Comcast | November 24, 2022
Comcast Corporation announced today that Comcast RISE, an initiative created in 2020 to help strengthen and empower small businesses hard hit by COVID-19, has met its goal of supporting 13,000 small businesses nationwide by the program’s close at the end of 2022. Comcast RISE is one of several programs that Comcast has overseen as part of Project UP that is aimed at closing the digital divide and achieving digital equity. With the program’s commitment now fulfilled, Comcast looks for...
FINANCE
Nuula | June 15, 2022
Nuula, a fintech company that provides small businesses with the tools and capital they need to excel, announced its Canadian launch today. Starting today, Nuula will offer Canadian small business owners a groundbreaking way to track their company's performance and gain access to various financial products tailored to their needs as owners. Nuula's super app supports many useful features to help small business owners stay on top of what's valuable. It includes monitori...
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