Is being a business owner something you want to do this year? Did you have to close a business during the pandemic and now you are thinking of starting over? Are you thinking about leaving the corporate world to start your entrepreneurial journey? If you answered yes to any of these questions, please read the following considerations before making this big … [More]
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Are You Considering Opening a New Business in 2020? Take These Tips into Consideration
by Edgar R. Olivo
CDC Updates Isolation Guidelines; COVID-positive Employees May Return to Work Sooner
by Otto W. Immel and Brenna M. Wildt, Quarles & Brady LLP
Last week, in a little-noticed health advisory, the Centers for Disease Control and Prevention (CDC) updated its guidance regarding the discontinuation of home isolation for persons with COVID-19. These subtly-revised guidelines are notable for employers, as the CDC’s return-to-work guidance incorporates its recommendations on the discontinuation of home isolation. As a result, … [More]
Almost Half of Small Business Owners Surveyed Anticipate Needing Additional Financial Support Over the Next Six Months
NFIB
The NFIB Research Center released a survey today on the state of small business and the Paycheck Protection Program (PPP). The PPP loan application is set to close on Aug. 8 after Congress extended the deadline to allow more small business owners to participate. Most small business owners (71%) have used their entire PPP loan. However, 46% of borrowers say they anticipate … [More]
Scottsdale City Council Approves Arts and Culture Coronavirus Grant Program
Scottsdale Arts
The Scottsdale City Council has approved $1.5 million from the city’s Federal CARES Act funding to help nonprofit arts and culture organizations affected by the coronavirus pandemic. Grant funding will support programming and safe, alternative facilities reopening. “Scottsdale has always appreciated and supported arts and culture activities – they’re a vital part of our … [More]
TESTING UPDATE: Pre-Register for Free Surge Testing
State of Arizona Office of the Governor
Tomorrow is the last day to take advantage of free COVID-19 surge testing at sites operated by the Department of Health and Human Services in Maricopa County. Testing is available at two sites: South Mountain Park, 10919 S. Central Avenue, Phoenix, AZ 85042 Maryvale High School, 3415 N. 59th Avenue, Phoenix, AZ 85033 Arizonans can pre-register HERE. Plenty Of Tests … [More]
Three Steps to Take if an Employee Tests Positive for Coronavirus
by Karen Stafford, MHRM, SPHR, SHRM – SCP
Your employee has symptoms and the doctor said it could be COVID-19. What do you do now? The steps you take next are critical. The goal is to both contain the virus as much as possible and follow workplace requirements. Following these three steps can help you accomplish that goal. Follow the Requirements While it is important to minimize risk to your other employees, … [More]
Mid-Year Outlook: Expect a Bumpy Ride for the Remainder of 2020
Hercules Investments
As America gets closer to the presidential election, the country finds itself still struggling on several fronts: the COVID-19 pandemic, racial unrest, and most recently Chinese sanctions. And yet, the stock market has remained relatively stable over the past couple of months. Stock-market bulls cheered the Tuesday morning after Memorial Day as the S&P 500 traded above its … [More]
‘Arizona: Open For Learning’ Plan to Invest $440M in Arizona Schools, Includes Health Guidance
State of Arizona Office of the Governor
Governor Doug Ducey announced additional resources, flexibility and clarity for the start of the 2020-2021 school year. This “Arizona: Open for Learning” plan provides maximum options for Arizona families, ensures students receive a full academic year of education, invests a total of $440 million in federal dollars to our schools, and gives local school leaders the flexibility … [More]
Extended Protections for Public Health; Bars, Gyms and Theaters to Remain Closed
State of Arizona Office of the Governor
Governor Doug Ducey today extended an executive order pausing operations on gyms, bars, nightclubs, movie theaters, water parks, and tubing. The order also continues to prohibit large public events and enables local law enforcement to take immediate enforcement action to ensure compliance with the order. This extension will be reviewed for repeal or revision every two … [More]
Statewide Campaign to Promote Mask Use Developed in Partnership with Arizona Advertising Agencies
State of Arizona Office of the Governor
Governor Doug Ducey announced a statewide campaign developed in partnership with Arizona advertising and public relations firms to promote the use of masks and other important precautions to contain the spread of COVID-19. This first-of-its-kind collaboration will feature creative concepts in English and Spanish developed by Arizona’s leaders in advertising supported by $3 … [More]
U.S. Single-Family Rent Price Growth Plunges in May, But Phoenix Up 6%
CoreLogic
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across 20 metropolitan areas. Data collected for May 2020 shows a national rent increase of 1.7% year over year, down from a 2.9% year-over-year increase in May … [More]
Transportation Leader in Zero-Emissions Solutions Breaks Ground on Factory in Coolidge, AZ
Nikola Corporation
Nikola Corporation, a global transportation leader in zero-emissions and infrastructure solutions, is one step closer to bringing a 1 million-square-foot manufacturing facility to Coolidge, Ariz. following an official groundbreaking ceremony on its approximate 430-acre parcel. The ceremony included speakers from Nikola’s executive team Trevor Milton, founder and executive … [More]
Weekly Jobless Claims Up to 1.4 Million, First Rise in Four Months
U.S. Department of Labor
In the week ending July 18, the advance figure for seasonally adjusted initial claims was 1,416,000, an increase of 109,000 from the previous week's revised level. The previous week's level was revised up by 7,000 from 1,300,000 to 1,307,000. The 4-week moving average was 1,360,250, a decrease of 16,500 from the previous week's revised average. The previous week's average was … [More]
EN NEGOCIOS: Cómo los empresarios pueden encontrar oportunidades de negocios durante una pandemia y una recesión
por Edgar R. Olivo
Después de haber trabajado con innumerables emprendedores en una gama amplia de industrias y tamaños, la resistencia y la determinación son las características de cada empresa exitosa, y cuando se trata de comenzar de nuevo, en mi opinión, los emprendedores pueden ser los mejores para pivotar en tiempos difíciles. Pero con todas las malas noticias que inundan nuestras … [More]
How Entrepreneurs Can Find Business Opportunities during a Pandemic and a Recession
by Edgar R. Olivo
Having worked with countless entrepreneurs in a wide range of industries and sizes, I’ve seen that resiliency and grit are the cornerstones to every successful venture, and when it comes to starting over, in my opinion, entrepreneurs may be the best at pivoting under challenging times. But with all the bad news flooding our screens about the state of our public health and … [More]
Ducey Asks for Extended Unemployment, Utility Assistance, Liability Protection
State of Arizona Office of the Governor
Governor Doug Ducey sent a letter to the Arizona Congressional Delegation providing his input on the next phase of the COVID-19 relief package being discussed in Congress. In the letter, the Governor requested an extension of the Federal Pandemic Unemployment Compensation, which is set to expire this month. In addition to discussing unemployment assistance, the Governor also … [More]
$975,000 from AZ Coronavirus Relief Fund to Support Homeless Arizonans
State of Arizona Office of the Governor
Governor Ducey announced $975,000 from the AZ Coronavirus Relief Fund has been allocated to 12 organizations in Arizona that provide shelter for those experiencing homelessness. The funding will support efforts to provide food for those utilizing shelters; locate alternative housing to maintain social distancing among the homeless population; and clean and sanitize shelters to … [More]
The Big Five US Tech Giants Hit $6.4T in Market Cap, a 53% Jump in a Year
by Mike Hunter
Tech stocks dramatically outperformed the broader market in 2020, despite the COVID-19 effects. According to data gathered by ForexSchoolOnline.com, the combined market cap of the five largest tech companies in the United States surged by $2.2 trillion in the last year, reaching $6.4 trillion value in July. With nearly $1.7 trillion market value at the end of last week, … [More]
