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Those smaller suppliers have only recently recovered from the shocks of the Covid-19 pandemic and the resulting global shortage of semiconductors. Now, they're coming under pressure to increase their own workers' wages — in an environment where higher interest rates have made it more costly to borrow money — and staring down the threat of ongoing auto workers' strikes. Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Supplier layoffsIn the face of prolonged strikes, some smaller suppliers are already cutting workers or announcing plans to do so. Michael B. Thomas | Getty ImagesAs of Tuesday, two additional Detroit-area auto suppliers had already filed notices of potential layoffs with the state of Michigan.

Persons: Bill Pugliano, Patrick T, Fallon, Dennis Devaney, Devaney, Joe Biden, Matthew Hatcher, MEMA, Biden, Michael B, Thomas, Mary Barra, We've Organizations: United Auto Workers, Getty, Ford Motor, General Motors, U.S . automakers, American Automotive, Council, UAW, Chrysler, Parts Distribution, AFP, GM, Ford, National Labor Relations Board, Equipment Manufacturers Association, White House, Plant, Small Business Administration, LM Manufacturing, Ford Bronco, Manufacturing, Canadian, Magna International, Union, General Motors Wentzville, CIE, Spain's CIE Automotive, Eagle Industries, CNBC, Publicly Locations: Auburn Hills , Michigan, Chrysler Los, Ontario , California, Detroit, Covid, Michigan, Wayne , Michigan, U.S, Wentzville , Missouri

☆ Here's what a government shutdown would mean for your wallet
▼ + stars: | 2023-09-27 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

During a shutdown, the federal government ceases operations that are deemed non-essential. Win Mcnamee | Getty Images News | Getty ImagesIt's poised to occur this year as hard-right conservatives in the Republican-controlled House are using a possible shutdown as leverage to force deep cuts in federal spending. watch nowMillions may also lose certain federal benefits, with that threat increasing with the length of a shutdown, experts said. Food assistance through the Supplemental Nutrition Assistance, or SNAP, program is "on better footing" than WICs, which would likely be affected within days of shutdown, Sprick said. Section 8 housing vouchers, which are for families with low incomes, seniors and people with disabilities, would also be at risk, Sprick said.

Persons: —, Kevin McCarthy, Win Mcnamee, Sprick, Mark Zandi, Zandi, Emerson Sprick Organizations: Bloomberg Creative, Bloomberg, Getty, Republican, Center, Congressional Research Service, Social Security, Congressional, Workers, Moody's, Contractors, Women, Assistance, SNAP, Loans, Small, Administration, U.S . Department of Education, Education, Center Service, Social Security Administration, Travelers, Transportation Security Administration, United Auto Workers Locations: U.S

☆ Auto suppliers urge Biden to provide financial assistance to address strike
▼ + stars: | 2023-09-26 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

WASHINGTON, Sept 26 (Reuters) - U.S. auto suppliers on Tuesday urged President Joe Biden to provide federal assistance to help auto parts companies impacted by the ongoing United Auto Workers strike against the Detroit Three automakers. MEMA, the Vehicle Suppliers Association, in a letter seen by Reuters urged Biden to "effectuate federal assistance to ensure the viability of this critical industry sector. Without federal assistance, the ability of the automotive industry to resume full manufacturing capacity is at risk." The group wants the Biden administration to provide low-interest loans and consider loan forgiveness for struggling small suppliers. The White House did not immediately comment and has previously declined to comment on whether it is considering programs to support auto suppliers.

Persons: Joe Biden, Biden, David Shepardson, Franklin Paul, Chris Reese Organizations: United Auto Workers, Detroit Three, Vehicle Suppliers Association, Reuters, Business Administration, Thomson Locations: Detroit

The Office of Management and Budget reminded senior agency officials Friday to update and review shutdown plans. Those plans can vary from shutdown to shutdown. The nearly 4 million Americans who are federal employees will feel the effect immediately. Essential workers will remain on the job, but others will be furloughed until the shutdown is over. For many of them, a shutdown would strain their finances, as it did during the record 35-day funding lapse in 2018-2019.

Persons: “, ”, Doreen Greenwald, Everett Kelley, Pell, disbursing Pell, It’s, treasurers Organizations: CNN, Management, National Treasury Employees Union, American Federation of Government Employees, Transportation Security Administration, Social Security, TSA, of Labor Statistics, Federal Reserve, Business Administration, Futures, US Centers for Disease Control, Drug Administration, Safety, Health Administration, Environmental Protection Agency, ”, Smithsonian, National, National Archives, National Park Service, of Education, Federal Student Aid, Federal, Department of, Assistance, SNAP, US Department of Agriculture, Women, of Housing, Urban Development, Commission, Research, NOAA, Oceanic, Administration, National Science Foundation, Peace Corps, State Department, Defense Department Locations: United States, America, Washington, DC, shutdowns

☆ The chaos over an impending shutdown is so bad that some Republicans say they'll join forces with Democrats to keep the government open
▼ + stars: | 2023-09-22 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Some Republicans are now saying they'll work across the aisle to keep the government open. It's getting members on both sides of the aisle antsy — and despite conservative pushback, some Republicans are willing to work with Democrats to get the job done. AdvertisementAdvertisement"Extreme House Republicans need to stop playing political games with people's lives," White House Press Secretary Karine Jean-Pierre said in a briefing Thursday , adding: "A deal is a deal. House Republicans need to do their job, keep the government open, and work with us to deliver — to deliver for the American people." The last time Americans faced a government shutdown was in 2019 under former President Donald Trump, who led a 35-day shutdown — the longest in US history .

Persons: It's, Don Bacon, Mike Lawler, he'd, Lawler, @lawler4ny, Joe Biden, Kevin McCarthy, McCarthy, Matt Gaetz, people's, Karine Jean, Pierre, Donald Trump, Trump Organizations: Republicans, Service, Congress, GOP, Punchbowl News, Republican, CNN, Caucus, Capitol, Social Security, SNAP, Small, Administration, House Press Locations: Wall, Silicon, New York

☆ The government could shut down in a week. Here's what's at stake for Americans.
▼ + stars: | 2023-09-22 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Come September 30, some Americans may not see a paycheck or be able to visit parks. For everyday Americans, that could mean losing out on paychecks or childcare spots, and it could even worsen flight delays. The Social Security Administration, for instance, anticipates about 8,500 employees would be furloughed in a shutdown. Travel plans might be further disrupted as Transportation Security Administration workers and air-traffic controllers go without pay, the White House said. The White House has repeatedly said Republicans are bringing Americans this close to another government shutdown.

Persons: GOPers, Kevin McCarthy, holdouts, McCarthy, I've, Here's, wouldn't, Deb Haaland, Biden, Mike Simpson, Politico, we've, haven't Organizations: Service, Caucus, Main Street Caucus, Punchbowl News, Social Security, Management, Social Security Administration, Social, Department of Health, Human Services, Medicare, Center, American Progress, Environmental, Agency, Drug, Occupational Safety, Health Administration, US Department of Agriculture, NASA, Republican, Transportation Security Administration, Federal Budget, East, Republicans Locations: Wall, Silicon, East Coast, Idaho

☆ US government shutdown: What is it and who would be affected?
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +7 min

Contracts awarded prior to the shutdown would continue, and the Pentagon could place new orders for supplies or services needed to protect national security. NATIONAL PARKS AND NATURAL RESOURCESIt's not clear how the United States' 63 national parks would be affected. They remained open during the 2018-2019 shutdown, through restrooms and information desks were closed and waste disposal was halted. WHITE HOUSEIn 2018-2019 shutdown, the White House furloughed 1,100 of 1,800 staff in the Executive Office of the President. Some offices, such as the National Security Council, continued at full strength, while others like the Office of Management and Budget were scaled back sharply.

Persons: Kevin Wurm, Lockheed Martin, Donald Trump, Pete Buttigieg, Pell, Andy Sullivan, Pete Schroeder, Howard Schneider, Moira Warburton, Scott Malone, Alistair Bell Organizations: U.S, Capitol, REUTERS, Workers, Pentagon, Boeing, Lockheed, Raytheon, The, National Nuclear Security Administration, FBI, Drug Enforcement Administration, Service, Border Patrol, Coast Guard, Federal Trade, AFFAIRS U.S, National Institutes of Health, National Science Foundation, National Oceanographic, Atmospheric Administration, NASA, Space, Disease Control, Prevention, Food and Drug Administration, Securities, Exchange, Commodities, Futures Trading, Federal Reserve, Federal Deposit Insurance Corporation, Currency, Social Security Administration, Veterans Administration, Federal Emergency Management Agency, Education Department, White, Small Business Administration, National Labor Relations, National Security Council, Management, U.S . Postal, Thomson Locations: Washington , U.S, United States

☆ Visual Highlights From the 'More Than Words' Project
▼ + stars: | 2023-09-15 | by ( Wilson Liévano | ) www.usnews.com time to read: +13 min

Many of those who only speak Spanish are frustrated that language barriers get in the way of public safety information. Cabrera works long hours and would like to find community and services for her 79-year-old mother, but language barriers holds them back. (Emree Weaver / Yakima Herald-Republic)YAKIMA, WASHINGTON – In Yakima County, which is 52% Hispanic and largely agricultural, local health care systems have had to adapt to the needs of the population. (Emree Weaver / Yakima Herald-Republic) Rigo Zepeda, an advanced registered nurse practitioner, demonstrates how providers use a video remote interpreting device at MultiCare Yakima Memorial, in Yakima, Washington. (Emree Weaver / Yakima Herald-Republic)

Persons: Victoria Franco, Harika Maddala, Catchlight Local Salvador Reyna Madryc, Luis Magaña, Ignacio Yepez, Rosa Cardenas, Rosa Trevizo, Doug Kuehne’s, Gerdrado Serrano, Griselda Juarez, Juarez, Gabriela Martínez, Esmirna Jiménez, Jimenez, Pedro Ferreras's, Pedro Ferreras’s, ’, “, ” Jiménez, Gabriela Lozada, Flerida Moriel, Mirla Cabrera, Cabrera, Flerida, Moriel, ”, ” Cabrera, don’t, They’re, NHPR, Santiago Ochoa, Emree Weaver, YAKIMA , WASHINGTON –, Granger, Bertha “ Lily ” Gonzalez, Maria Guadalupe Diaz, Diaz, Lisaola, Rigo, Angelina Garcia, Bertha Lopez Organizations: America, . News, Services, Victoria, Catchlight Local, Flea, Stockton, News, Loel, Spanish, New, American Community Survey, Social, Derry, New Hampshire Public, Flerida, HAMPSHIRE, Immigration, New Hampshire Public Radio, Facebook, Yakima Herald, Yakima Herald -, Yakima Herald - Republic Workers, Census, Memorial Cornerstone Medicine, Memorial Locations: Stockton Text, Bay, Bay City, Stockton , California, STOCKTON , CALIFORNIA, San Joaquin County, Spanish, Lodi , California, Weston, United States, Dominican Republic, Harrisburg , Pennsylvania, WITF, HARRISBURG , PENNSYLVANIA, Pennsylvania, New American, Carlisle, Harrisburg, Allison Hill, NHPR, MANCHESTER, Manchester, New Hampshire, Nashua, New, Peru, Yakima, Yakima Herald - Republic, Cowiche , Washington, YAKIMA , WASHINGTON, Yakima County, Toppenish, Wapato, Republic, Yakima , Washington, Yakima County’s

☆ As UAW strike looms, Biden admin considers aid for small suppliers -source
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

A General Motors assembly worker pickets outside the General Motors Bowling Green plant during the United Auto Workers (UAW) national strike in Bowling Green, Kentucky, U.S., October 10, 2019. Aid for suppliers has been discussed "since the minute it became clear there could be a strike" but those talks are "premature and fluid," the source said. Auto suppliers held recent discussions with the White House about the potential impact of a strike and possible options that the Biden administration could tap to help suppliers weather a prolonged strike. Small suppliers are critical to automakers' supply chains. Automakers have spent much of the past three years dealing with supply chain disruptions, and are still working to recover.

Persons: Bryan Woolston, Joe Biden's, Biden, Nandita Bose, David Shepardson, Paul Grant, David Ljunggren, Heather Timmons, Leslie Adler Organizations: General Motors, United Auto Workers, UAW, REUTERS, Detroit Three, U.S, Auto, House, Washington Post, Labor Department, Small Business Administration, White, SBA, Motor Equipment Manufacturers Association, Thomson Locations: Bowling Green , Kentucky, U.S, Michigan , Ohio, Canadian, Ontario

☆ Zimbabwe: Outrage as Mnangagwa appoints son second-in-command over treasury after disputed polls
▼ + stars: | 2023-09-13 | by ( Nimi Princewill | ) edition.cnn.com time to read: +3 min

CNN —Zimbabwe’s recently re-elected President Emmerson Mnangagwa is facing outrage after appointing his son as deputy minister to the country’s finance ministry. Mnangagwa’s 34-year-old son, David, was among 26 officials sworn in as cabinet ministers Tuesday despite public anger when the list of the nominees was made public on Monday. In his expanded cabinet, Mnangagwa’s son is to deputize finance minister Mthuli Ncube while his nephew, Tongai, would serve as deputy minister in the country’s tourism ministry. Some Zimbabweans have accused Mnangagwa of running the impoverished southern African country as “a family business.”“Slowly Zimbabwe is becoming a family business. The opposition CCC party, which placed second in last month’s disputed polls, also criticized the ministerial list which included a couple, Christopher and Monica Mutsvangwa, both associates of President Mnangagwa, as ministers.

Persons: CNN — Zimbabwe’s, Emmerson Mnangagwa, David, Mnangagwa’s, Mthuli Ncube, Tongai, ”, Mugano, “ It’s, Ncube, ” Mugano, David Mnangagwa, Nick Mangwana, “, ” Mangwana, Christopher, Monica Mutsvangwa, Mnangagwa Organizations: CNN, University of Zimbabwe, Business Administration, Drake University, CCC Locations: Zimbabwe, Harare, doldrums, United States

☆ Meet the warrior interns: College students hell-bent on winning the CV arms race, who'll stack all the jobs they can to make their resumes shine
▼ + stars: | 2023-09-10 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +11 min

This is becoming a rite of passage for those who want good jobs, one career counselor told Insider. Advertisement Advertisement Watch:Singaporean undergraduate Amelia Yamato Leow told Insider that she started interning right after secondary school. Ong told Insider she's done an internship every summer break, and has worked during the college semester, too. You see from the inside how things work, and how people work, and most importantly, you can build rapport," Chin told Insider. This is especially so for complex industries like banking, Ted Teo, an adjunct assistant professor at the National University of Singapore, told Insider.

Persons: Amelia Yamato Leow, hasn't, who's, Leow, she's, Nicole Ong, Ong, you've, Justin Chin, Chin, Eddie Phua, Phua, Gao, Xinrui Gao Xinrui Gao, it's, Adrian Teh, Teh, they'll, Megan Wong, Wong, Sim Cher Young, Sim, Adrian Choo, Ted Teo, Teo, Goldman Sachs, Shaw, Singapore Management University's Sim, International's Choo Organizations: Service, National University of Singapore, PayPal, NUS, National University of Singapore Business, NUS Business School, Nanyang Technological University, Singapore Management University, LinkedIn, Citadel, Harvard, Singapore Management Locations: Singapore, Wall, Silicon, fintech

☆ Business owners of color seeking SBA loans now have to write an essay proving their race is a 'social disadvantage' after a judge ruled it isn't enough
▼ + stars: | 2023-09-08 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

In July, a federal judge ruled business owners cannot say their race is a disadvantage to receive funding. It challenged the SBA's 8(a) program, which awards money to socially disadvantaged businesses each year. Now, business owners have to write an essay proving why their identity has been the basis of discrimination. The judge's decision struck down a key provision of that program, saying that business owners could no longer say their race is the reason they have faced disadvantage in America. This ruling prompted the SBA to change the process for small business owners to receive funds though the 8(a) program.

Persons: Edward Blum, Joe Biden's, Isabella Guzman, Harris Organizations: Service, SBA, Biden, Harris Administration Locations: Wall, Silicon, Tennessee, America

☆ A founder of Big Gay Ice Cream is suing his partner, accusing him of mismanagement and collecting government pandemic loans
▼ + stars: | 2023-09-03 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Big Gay Ice Cream cofounder Doug Quint sued partner Jon Chapski, The New York Times reported. It claimed that Chapski refused to "roll out new ice cream flavors" that Quint had created, and ignored other suggestions related to the brand's expansion. Big Gay Ice Cream, which started out as an ice cream truck in 2009, had multiple locations across New York and Philadelphia at its height. Big Gay Ice Cream pints were even sold in major grocery chains and drugstores. The store is operated by neighborhood restaurateur, Jeremy Wladis, who was given permission to use the brand and recipes on Friday, according to the New York Times.

Persons: Doug Quint, Jon Chapski, Quint, Chapski, Quint —, —, Gay, Bryan Petroff, Jeremy Wladis Organizations: The New York Times, Service, New York, Court, Big, Small Business Administration, Times, New York Times Locations: The, Wall, Silicon, Philadelphia, Maine, New York, leche

☆ Who Profits After Natural Disasters Like Hurricanes and Wildfires
▼ + stars: | 2023-08-31 | by ( Anthony Dimauro | ) www.businessinsider.com time to read: +13 min

After Hurricane Michael struck Florida in 2018, home sales rose significantly, allowing disaster investors to reap the rewards. This venture has the potential to be even more rewarding given the increasing frequency of natural disasters in the US. But federal disaster relief is painfully slow to respond and often doesn't cover most of the costs. And while moratoriums on damaged land sales aren't a long-term, legally tenable solution, there are ways state officials might be able to deter disaster investors. As the threat of natural disasters increases, so will disaster profiteers.

Persons: Josh Green, Ian, Hurricane Michael, Hurricane, Joe Raedle, Hurricane Maria, Congress —, Hurricane Sandy, it's, Anthony DiMauro Organizations: Nashville Metro Council, FEMA, Hurricane, Centers for Environmental, Federal Reserve's Survey, Consumer Finances, Emergency Managment Agency, Small Business Administration, Urban Institute, Office, Congress, of Housing, Urban, Bloomberg, Newsweek, L.A Locations: Hawaii, Maui, Hawaii's, Tennessee, Nashville, Florida, Wilsey, New Orleans, California, Puerto Rico, Lahaina, New York

China, Brazil's largest trading partner, funneled $1.3 billion in direct investments into the country last year, the lowest level since 2009, according to a CEBC study. The performance contrasts with overall foreign direct investment (FDI) in Brazil in 2022, which skyrocketed by 95% to $90.6 billion, highest in a decade. Last year, just 28% of announced Chinese projects worth $4.7 billion went ahead, the CEBC said. That compares poorly with 2021, when pledged investments of $5.9 billion were fully realized, bolstered by two oil projects worth nearly $5 billion. Chinese mining firm Honbridge (8137.HK), for example, announced investments worth $2.1 billion that failed to proceed due to a pending environmental license.

Persons: Cariello, Hua Sheng, Getulio Vargas, Luiz Inacio Lula da Silva, Bernardo Caram, Tom Hogue Organizations: Brazil tanked, China Business Council, HK, U.S ., Sao Paulo Business Administration School, Getulio Vargas Foundation, Thomson Locations: BRASILIA, Brazil, China, Ukraine, U.S, Asia, Beijing

☆ Over 3,100 Charged With Pandemic Relief Fraud, Justice Department Says
▼ + stars: | 2023-08-23 | by ( Madeleine Ngo | ) www.nytimes.com time to read: +2 min

The sweep resulted in criminal charges against 371 defendants, with 119 convicted or pleading guilty. The Justice Department claimed 63 defendants had connections to violent crime and 25 had purported connections to transnational crime networks. The Justice Department listed a range of fraud schemes, including defendants who allegedly used the money to solicit a murder and individuals who laundered funds by shipping cars to Nigeria. The funds were allegedly used to solicit a murder for hire and to purchase firearms, controlled substances, jewelry, clothing and vacations. Some defendants were also accused of transferring firearms knowing they would be used to commit violent crimes or traffic drugs.

Persons: ”, General Merrick B, Garland, “, Department’s, — Organizations: Justice Department, Department Locations: Nigeria, Milwaukee

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Aug 23 (Reuters) - The U.S. Justice Department said on Wednesday it has seized over $1.4 billion in COVID-19 relief funds that criminals had stolen, and charged over 3,000 defendants with crimes in federal districts across the country. A total of 119 defendants pleaded guilty or were convicted at trial during the sweep, according to the Justice Department. Last year, the U.S. Justice Department tapped federal prosecutor Kevin Chambers to lead its efforts to investigate alleged fraud schemes targeting pandemic assistance programs. Over $200 billion from the U.S. government's COVID-19 relief programs were potentially stolen, a federal watchdog said in late June, adding that the U.S. Small Business Administration (SBA) had weakened its controls in a rush to disburse the funds. Earlier this year, a separate watchdog report said the U.S. government likely awarded about $5.4 billion in COVID-19 aid to people with questionable Social Security numbers.

Persons: Dado Ruvic, Department's, General Merrick Garland, Garland, Kevin Chambers, government's, fraudsters, Kanishka Singh, Stephen Coates Organizations: REUTERS, Rights, U.S . Justice, The Justice Department, U.S, Justice Department, U.S . Justice Department, U.S . Small Business Administration, U.S . Labor Department, Social, Thomson Locations: COVID, United States, U.S, Washington

☆ Biden to visit fire-ravaged Maui on Monday as search efforts continue, with more than 800 people still missing
▼ + stars: | 2023-08-21 | by ( Kevin Liptak | ) edition.cnn.com time to read: +7 min

Biden is planning to name a senior federal emergency official to oversee long-term recovery efforts during his visit. Josh Green, Biden sought to ensure the large footprint required for a presidential visit would not obstruct ongoing response and recovery efforts. “If President Biden could just teleport himself over, he would’ve come here in five seconds,” Green said at a news conference last week. Bob Fenton, an experienced disaster response official, will serve as the chief federal response coordinator. During the visit, Biden plans to reassure residents that the federal government will support their recovery, Federal Emergency Management Agency Administrator Deanne Criswell said Sunday.

Persons: Joe Biden, Biden, Biden’s, curt “, Biden couldn’t, Josh Green, ” Biden, “, ” Green, “ I’ve, Jill Biden, Bob Fenton, Fenton, Deanne Criswell, “ He’s, ”, Criswell, Isabella Guzman, ” Guzman, CNN’s Kayla Tausche, ” Criswell Organizations: CNN, Hawaii Gov, Biden, FEMA, White, Federal Emergency Management, Union, US Small Business Administration, SBA Locations: Maui, Maui County, Delaware, Salt Lake City, Green, Lahaina, Hawaii, “ State

☆ Inside the White House response to the Maui wildfires
▼ + stars: | 2023-08-19 | by ( Priscilla Alvarez | ) edition.cnn.com time to read: +5 min

After the fires began, White House chief of staff Jeff Zients immediately briefed the president on what became a rapidly evolving situation, according to White House officials. Within the administration, a White House official told CNN, there have been multiple staff calls each day focused on response and recovery. Criswell, who surveyed the damage last weekend, regularly briefed Biden and will be traveling with the president to Maui on Monday. FEMA has also provided more than $2.3 million in assistance, according to White House press secretary Karine Jean-Pierre. While focus remains on search and rescue and later, debris removal, Cabinet and senior administration officials also met at the White House with Homeland Security Adviser Elizabeth Sherwood-Randall this week to chart a path forward on other issues like housing and the making the state’s energy grid more resilient with the help of the Department of Energy, according to a senior White House official directly involved.

Persons: Joe Biden’s, Jeff Zients, ”, Biden, “, I’ve, ” Biden, Biden’s, Donald Trump, they’ve, Deanne Criswell, ” Criswell, Karine Jean, Pierre, Elizabeth Sherwood, Randall, “ We’re Organizations: CNN, Hawaii, Federal Emergency Management Agency, White, White House, FEMA, Fire Management, US Coast Guard, Navy, Fleet, US Army, US Department of Defense, Small, Administration, Homeland, Department of Energy Locations: Houston, Hawaii, Maui, Milwaukee, “

☆ Phishing scams targeting small business on social media including Meta are a 'gold mine' for criminals
▼ + stars: | 2023-08-15 | by ( Ellen Sheng | ) www.cnbc.com time to read: +6 min

CNBC quarterly surveys of small business owners in recent years have indicated that many do not rate the risk of cyberattack highly, yet the FBI says that in recent years a wave of hacks has targeted small business. Small business owners say social media giants such as Meta have done little to help them address the problem. Malware can target victims through email phishing, browser extensions, ads and mobile apps and various social media platforms. According to SCORE, a nonprofit partly funded by the U.S. Small Business Administration, nearly half of small business owners cited social media as their preferred digital marketing channel. And social media accounts of small businesses are like a gold mine," said Joseph Steinberg, a cyber security privacy and AI expert, who sees small business social media accounts as "low hanging fruit."

Persons: it's, Pat Bennett, Pat's Granola, Bennett, hasn't, Pat Bennett Bennett's, Joseph Steinberg, Bryan Palma, Europol, Palma, Cai Dixon, Dixon Organizations: Facebook, Meta, CNBC, FBI, SCORE, U.S . Small Business Administration, YouTube Locations: Cleveland, Europe

☆ Hawaii wildfires: Anger and aid spread amid the devastation
▼ + stars: | 2023-08-15 | by ( Bill Weir | ) edition.cnn.com time to read: +7 min

Lahaina, Hawaii CNN —A week after blowtorch winds brought the most horrific disaster in modern Hawaiian history, members of Maui’s working class have become do-it-yourself first responders and cul-de-sac commanders. A woman collects water at a shopping center in Lahaina where different groups are handing out supplies. “We had three families sleep here the first night and we fed them just as if they were local. While the Hawaii Visitors and Convention Bureau took to social media to “strongly discourage” visitors from vacationing on the western side of Maui. At least 99 people have been confirmed dead from the wildfires, and the number could double over the next 10 days, Hawaii Gov.

Persons: Evelio Contreras, Keoki Naihe, ”, he’s, Alika Peneku, “, Brittany Fleck, Charlie Fleck, ” Charlie, Grace Hurt, Josh Green, of Fame waterman, ‘, ’, Archie Kalepa, Kalepa, Deanne Criswell, ” Criswell, ” Naihe, “ We’ve, ” Peneku Organizations: Hawaii CNN, CNN, CNN “ Tourists, Facebook, Hawaii Visitors, Hawaii Gov, Pohaku, of Fame, Ocean Safety, aloha, FEMA, Small Business Administration Locations: Lahaina, Hawaii, Maui, Charlie, “, Peneku, Pohaku, Pohaku Beach

☆ Discharging Student Debt in Bankruptcy Is Supposed to Be Easier Than Before
▼ + stars: | 2023-08-09 | by ( Tara Siegel Bernard | More About Tara Siegel Bernard | ) www.nytimes.com time to read: +1 min

Alista Lineburg is not a lawyer, but she assumed the role when she couldn’t find one to help her discharge $146,000 of federal student debt in bankruptcy. Ms. Lineburg, 49, knows this all too well. “The attorney called and she said, ‘You can’t win this,’” Ms. Lineburg recalled. “I feel like I can finally get ahead,” said Ms. Lineburg, who lives in Fairport Harbor, Ohio. Unlike credit card, medical and other consumer debts, student loans don’t automatically disappear in bankruptcy.

Persons: Lineburg, ” Locations: Fairport Harbor , Ohio

☆ How to Catch Pandemic Fraud? Prosecutors Try Novel Methods.
▼ + stars: | 2023-08-06 | by ( Madeleine Ngo | ) www.nytimes.com time to read: +1 min

Federal prosecutors are scrambling to recoup billions of dollars in pandemic aid from people who falsely obtained funds from government programs that were intended to keep the economy afloat during the Covid shutdowns. In some districts, prosecutors are screening those suspected of a violent crime for potential involvement in pandemic fraud schemes. Other investigators are putting together “strike force teams” to unravel the most sophisticated enterprises or leaning on local officials to steer them toward potential fraudsters in their areas. The moves come as the federal government looks for novel ways to root out what officials say was an enormous number of fraudulent claims that were submitted and approved during the pandemic. Many of the programs that were set up to dole out relief money required minimal proof from those seeking funds and approved applications quickly in order to pump money into the economy.

Persons: —

☆ Disgraced Harvard professor Francesca Gino's $25 million lawsuit will scare researchers away from calling out fraud, scholars fear
▼ + stars: | 2023-08-04 | by ( Kate Taylor | ) www.businessinsider.com time to read: +8 min

Francesca Gino is suing Harvard and bloggers who accused her of data fraud for $25 million. Francesca Gino is suing Harvard and the bloggers who accused her of data fraud in a $25 million lawsuit. The Harvard professor claims they "worked together to destroy my career and reputation." In the June blog posts, Data Colada reported on a series of anomalies in Gino's data. Some worry the lawsuit will make exposing data fraud even more difficultGino is not the first high-profile professor that Data Colada has accused of unethical behavior.

Persons: Francesca Gino, Gino, Data Colada, —, Uri Simonsohn, Joe Simmons, Leif Nelson —, Gino's, Simine Vazire, Goldman Sachs, Michael Sanders, Colada, Gary Pisano, Harvard, Data, Sanders, ESADE Business School —, Francesca Gino's, Simonsohn, Simmons, Nelson, Nick Brown, Vazire Organizations: Harvard, Data, LinkedIn, Data Colada, University of Melbourne, Disney, Alaska Airlines, Harvard Business School, King's College London, ESADE Business School, YouTube, Wharton Locations: Harvard

☆ Getting an MBA is still worth it—the 10 business schools that pay off the most right away
▼ + stars: | 2023-08-03 | by ( Isabel Engel | In Isabel--Engel | ) www.cnbc.com time to read: +2 min

Earning a master of business administration degree can come with a hefty price tag, with top schools ranging from $50,000 to $80,000 per year. For professionals seeking to advance their careers, many may wonder: Is an MBA worth it? The report investigated the economic value of the most popular degree programs, ranking the value of 5,500 business programs at more than 1,700 colleges. For those looking to pursue advanced business studies, here are the top 10 MBA programs that pay off the most right away. Some well-known schools, such as Harvard Business School, didn't earn top spots in the ranking, due to low median earnings.

Persons: Martin Van Der Werf, Van Der, Van Der Werf, didn't Organizations: Georgetown University Center, Education, CNBC, MBAs, Georgetown University, Harvard Business School

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