Intel’s Q2 2022 earnings report today was uncharacteristically disappointing, but it also hid a new announcement: Intel is ending its Optane business entirely. During the earnings call, Intel CEO Pat Gelsinger clarified the vaguely worded announcement in the earnings documents, confirming that Intel will wind down its Optane business. The […]
Business Administration
Small business groups rip Manchin, Schumer deal: ‘Misery for many more Americans’
Check out what’s clicking on FoxBusiness.com. Groups representing small business interests slammed a deal announced Wednesday by Sen. Joe Manchin, D-W.Va., saying it would increase inflation and hurt employment. The groups argued that the agreement, titled the Inflation Reduction Act, will increase pressure on small businesses that have already struggled […]
McDonald’s says cutting off its Russian business has actually helped improve its operating profitability
A closed McDonald’s restaurant in Moscow, Russia.picture alliance via Getty Images. McDonald’s announced it was selling off its Russian business in May. This has helped improve the chain’s operating margin, its CFO said Tuesday. Revenues dropped in the quarter to June 30, largely thanks to the $1.2 billion cost of […]
Elon Musk Reportedly Had Affair With Wife of Google Co-Founder Sergey Brin
Elon Musk had an affair with Google co-founder Sergey Brin’s wife, according to the Wall Street Journal. Brin and Nicole Shanahan divorced in January of this year, shortly after Brin learned of the affair, the report states. Brin, a longtime friend of Musk, has pulled investments from the Tesla CEO’s […]
Inside Kendrick Perkins’ multimillion-dollar Frenchie business
Kendrick Perkins, a former NBA champion and star analyst at ESPN, could very well make more money from his Frenchie business than he does in broadcasting over the next five-plus years. About four years ago, Perkins was approached by his brother-in-law Thomas Alpough with a succinct business pitch: “Man, we […]
Sari family’s Longview business park completed, first buyer is Vancouver-based gymnastics gym | Local Business
A 43-acre business park between Beech Street, 14th Avenue and California Way in Longview is complete, and the first business to join is a Vancouver-based gymnastics gym. The Longview Business Park was developed by local broker Jordan Willis and the Sari family, the latter of which owns the land and […]
Tallmadge welcomes three new businesses to city
Three new businesses have recently opened in Tallmadge, including a massage establishment, a driving school — both located on East Avenue — and a consumer loan operation on South Avenue. The Tallmadge Therapeutic Massage & Wellness Center at 116 East Ave. offers customized massage therapy sessions for men and women, […]
Elorza Administration Awards $85,000 Contract to Boston Firm to Assist Providence Businesses
Friday, July 22, 2022 GoLocalProv News Team View Larger + Providence Mayor Jorge Elorza PHOTO: GoLocal Providence Mayor Jorge Elorza announced Thursday that his administration has launched a program to help Providence businesses. His administration has hired a Boston consulting firm — Roads Consulting Group — to conduct the […]
Biden administration on the defensive as dismal economic report looms
Hennion & Walsh Asset Management president and CIO Kevin Mahn analyzes Wall Street’s volatile day on ‘The Claman Countdown.’ The Biden administration is trying to get ahead of another potentially brutal economic report that comes out next week, which is expected to show the U.S. economy shrank again in the […]
Spotlight on Tax and Accounting Firm Founder Sabrina James
Our Spotlight series highlights the careers and lives of tax professionals across the globe. This week’s Spotlight is on Sabrina James, a Maryland-based licensed tax preparer, accountant, and an advanced QuickBooks ProAdvisor. James, who owns AccounTAXstic LLC, says she’s fueled by her passion for helping small business owners and individuals […]
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