Risks are growing for migrants and growers alike
Friday, May 29, 2020 With an estimated 85 percent of the U.S. salad crop sprouting from California’s Salinas Valley, it’s small wonder why the people who harvest it are deemed essential workers by the federal government. With those workers often subject to thankless, back-breaking and low-wage labor under a blazing sun, growers have long looked south of the border or even across the Pacific to […]
Read more Investors are waiting out the crisis, while distressed companies can be had cheap
Friday, May 22, 2020 After a record-setting decade, the number of private equity firms buying companies has slowed. According to data from Dealogic, M&A volume in the U.S. plummeted a jaw-dropping 50.2 percent compared to the same period last year. Worldwide, there was a 35.5 percent decrease in M&A volume and 16.3 percent drop in revenue. The reason isn’t a mystery. With the COVID-19 pandemic […]
Read more She asks, what will the new workplace look like?
There’s been no protocol for how states should reopen for business during the COVID-19 pandemic, and the same holds true for cities and counties within those states. For people who’ve been confined for more than six weeks, there’s been both eagerness and reticence. Beaches fill in Florida and bars fill in Wisconsin while restaurant owners report tepid responses in Nashville, Tennessee, after the removal of a shelter-in-place order. Meanwhile, in New York City, police have […]
Read more ‘America’s farmers are in a crisis’
Friday, May 15, 2020 As COVID-19 forces some of the country’s largest pork producers to curtail operations, pig farmers throughout the U.S. are facing a chilling choice: reconfigure their entire operation to keep stocks intact; or euthanize thousands of animals and dispose of them on their own property. According to a recent report from the Time magazine, as many as […]
Read more Paycheck Protection funds are tricky for banks and businesses
Monday, May 11, 2020 Rushed into law to prop up a national economy staggered by COVID-19, the Paycheck Protection Program hasn’t gone as smoothly as hoped. Last month, the U.S. Justice Department launched a probe into the recently expanded $670 billion initiative in which banks process and provide low-interest, conditional and sometimes forgivable Small Business Administration […]
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