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SBA Recognizes 2024 Government Contractors and 8(a) Graduate of the Year

Administrator Isabel Casillas Guzman of the U.S. Small Business Administration announced the winners of the 2024 National Small Business Week's government contracting awards. The honorees include Action Manufacturing Company, Knowledge Based Systems, Inc., and Cetechs. Guzman highlighted the importance of small businesses in federal contracting, stating, "The federal government relies on small businesses to deliver innovative and competitive products and services to support critical agency functions."Sean Gibbs, President/CEO of Action Manufacturing Company, was named...

Storm Clouds Abroad Have Gas Prices on Edge

WASHINGTON, D.C. (April 4, 2024)—Despite ominous overseas news, a pop in domestic gasoline demand, and oil prices rising to the mid-$80s per barrel, the national average for a gallon of gas climbed just three pennies to $3.56 since last week.“Renewed Ukrainian attacks on Russia’s oil infrastructure and increasing tension in the Middle East spiked oil prices recently,” said Andrew Gross, AAA spokesperson. “And with the cost of oil accounting for roughly 60% of what we pay at the pump, there will likely be some upward pressure on prices.”For the complete report, including...

2024 AAA Car Guide – EVs Reign Supreme

AAA has announced the winners of the 2024 Car Guide, with electric vehicles dominating the rankings. Megan McKernan, the Automotive Research Center manager at AAA, highlighted the popularity of SUVs among consumers, stating, “SUVs are a popular choice since they are a great option for families and offer loads of additional compartments for storage.”The 2023 Mercedes-Benz EQS 580 4MATIC SUV emerged as the overall top scorer, best large SUV, and best car over $60k. McKernan praised the Mercedes-Benz for its comfortable ride, quiet cabin, and excellent headlight coverage....

SBA Recognizes 2024 Phoenix Award Winners of the Year for Outstanding Disaster Recovery Efforts

Administrator Isabel Casillas Guzman of the U.S. Small Business Administration (SBA) recently acknowledged the 2024 Phoenix Award winners for their exceptional disaster recovery efforts. Guzman emphasized the importance of supporting small businesses and communities in times of crisis, expressing the Biden-Harris Administration's commitment to their success.Among this year's recipients is Jacqueline Bernetta Tate Smith, the owner of The Coffee Shoppe in Selma, Alabama. Smith's resilience and determination following destructive tornadoes earned her the Phoenix Award for...

Triple-I: 2024 Atlantic Hurricane Season Forecast to be ‘Very Active’

ST. JOHNS, Fla., April 4, 2024 -- A very active tropical cyclone season is projected for 2024 in the Atlantic basin, according to a forecast released today by Colorado State University’s (CSU) Department of Atmospheric Science.Led by senior research scientist Phil Klotzbach, Ph.D., also a non-resident scholar at the Insurance Information Institute (Triple-I), the CSU Tropical Meteorology Project forecasts 23 named storms, 11 hurricanes and five major hurricanes during the 2024 season, which starts on June 1 and continues through Nov. 30. A typical Atlantic season has 14...

Restaurant IT executive: Olive app offers ‘a way to find the best solution’ and ‘manage the chaos’

Sean Thompson, Vice President of Information Technology at the fast-casual franchise Freddy's Frozen Custard & Steakburgers, praised the AI application Olive as a valuable tool for managing restaurant operations. He stated that Olive offers the "best solution" in navigating "the chaos" of such tasks. Thompson made this statement to Business Daily on March 21.

Chicago media investment group buys legal news publisher Judiciocracy LLC

An investment group led by Chicago media entrepreneur Brian Timpone has purchased a St. Louis-based legal news publisher, Judiciocracy LLC.

Flying Food Group expands catering services to Swiss International Air Lines' new route from Washington Dulles to Zurich

On March 28, the Flying Food Group (FFG) team at Washington Dulles International Airport (IAD) started offering its catering services on the new Swiss International Air Lines flight to Zurich, Switzerland (ZRH).

Winners Announced for Morgan Stanley Code to Give Hackathon Benefitting Le Chaînon and the Quebec Coalition of Orphan Diseases

Montreal - Morgan Stanley hosted the 2024 Montreal Code to Give Hackathon, where university students developed innovative technology solutions for nonprofits Le Chaînon and the Quebec Coalition of Orphan Diseases. The winning projects will now be further developed by Morgan Stanley technologists through the Technology Changemakers program.Madeline Hutchinson, Global Head of Technology Philanthropy at Morgan Stanley, expressed excitement about the prototypes developed during the hackathon. She stated, "Code to Give provides the next generation of technologists with a...

Cleveland Guardians and Progressive Insurance Extend Naming Rights To Progressive Field Through 2036

Cleveland, OH – The Cleveland Guardians and Progressive Insurance have reached a new agreement, extending Progressive's naming rights of Progressive Field as the home of Cleveland Guardians baseball through the 2036 season. The deal was announced today, solidifying a 29-year commitment between the two entities.Tricia Griffith, CEO of Progressive, expressed the company's pride in the partnership, stating, "In 2008, we became the proud naming rights partner of Cleveland baseball and for the last 16 years Progressive Field has been part of the fabric of the Cleveland...

Annonce des gagnants du hackathon Code pour t’engager de Morgan Stanley au profit du Chaînon et du Regroupement québécois des maladies orphelines (RQMO)

Montreal - Morgan Stanley has announced the winning projects of the 2024 Code to Engage hackathon benefiting Le Chaînon and the Regroupement québécois des maladies orphelines (RQMO).Over 120 university students participated in the hackathon to develop innovative technological solutions aimed at addressing the urgent challenges faced by organizations on a daily basis. The technologists at Morgan Stanley will now transform the prototypes presented by the students into final products for these organizations as part of the firm's Technology Changemakers program."Code to...

Administrator Isabel Casillas Guzman Visits Baltimore to Discuss Economic Assistance for Businesses Affected by Bridge Collapse

The visit of Administrator Isabel Casillas Guzman to Baltimore on April 4 is set to address the economic impact of the Francis Scott Key Bridge collapse on small businesses. Guzman, representing the U.S. Small Business Administration (SBA), will be joined by key figures such as U.S. Senator Ben Cardin, Congressman Kweisi Mfume, and Mayor Brandon Scott for discussions and tours aimed at highlighting federal resources available for affected businesses.Guzman will engage in a closed-press roundtable with Senator Cardin, Rep. Mfume, and Mayor Scott to listen to the challenges...

Allstate to Discuss First Quarter 2024 Earnings with Investors

NORTHBROOK, Ill., April 3, 2024 – The Allstate Corporation (NYSE: ALL) has announced that they will be hosting a conference call and webcast on Thursday, May 2, 2024, at 9 a.m. Eastern to discuss their first quarter 2024 earnings.In a statement, The Allstate Corporation stated, "The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9 a.m. Eastern on Thursday, May 2, 2024, to discuss first quarter 2024 earnings."The company also informed investors that they plan to file a current report on Form 8-K with the Securities and Exchange Commission,...


Get Smart(er) About Money: Nationwide’s New Resources for Financial Literacy

Nationwide has launched new educational materials to enhance financial understanding for families during Financial Literacy Month in April. According to Amelia Dunlap, vice president of Marketing for Nationwide Retirement Solutions, one of the key challenges many Americans face is getting started with saving for retirement.Dunlap emphasized the importance of early financial education, stating, "Understanding the basics of money management, budgeting, investing, and retirement planning is a critical life skill." Nationwide's initiative includes a financial knowledge quiz,...

Road Alert: Is Every Driver Distracted?

New data from Nationwide has highlighted concerning trends regarding distracted driving among both standard and commercial drivers. According to a recent driving behaviors survey, one-third of commercial drivers admit to feeling distracted behind the wheel, with 6 in 10 acknowledging that their peers are using their phones more frequently and driving faster than before.The primary causes of distraction for commercial drivers include using GPS/Nav systems, responding to work text messages, talking on mobile phones, and checking social media apps. Many of these actions are...

Morgan Stanley Capital Partners Acquires Resource Innovations

Morgan Stanley Capital Partners has announced the acquisition of Resource Innovations, a leading tech-enabled services company focusing on energy efficiency and sustainability. The acquisition involved MSCP acquiring a controlling interest in the company from BV Investment Partners and other shareholders. Founder Lauren Casentini will continue to lead Resource Innovations as the Chief Executive Officer.Resource Innovations, headquartered in the San Francisco Bay Area, provides advisory services, program management services, and software to utility, government, and...

Foundation for the Restoration of America announces scholarship program winners

DOWNERS GROVE, ILL. – The Foundation for the Restoration of America announced the second round of scholarship winners for the 2023-24 school year.

E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study

E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors.The study provides valuable insights into the market trends, as highlighted by E*TRADE from Morgan Stanley. The company's analysis reveals significant information about the sector rotation dynamics, offering a glimpse into the behavior of investors within the S&P 500 sectors.As stated by E*TRADE from Morgan Stanley, "The material provided by E*TRADE Securities LLC...

Don’t let the April Solar Eclipse cast a shadow on your business

Millions of Americans are eagerly anticipating the upcoming solar eclipse on April 8, a celestial event that is expected to captivate viewers across the country. With businesses located along the path of totality gearing up for potential opportunities and challenges, experts are advising proactive measures to ensure a smooth operation during this unique event.Mark McGhiey, Nationwide’s leader of Commercial Lines Loss Control Services, emphasized the importance of preparation for business owners. McGhiey stated, "There are several steps a business owner should be taking to...