Local Archives - Zxcoachoutlet

Save Money, Save the Environment and Help Local Restaurants. There’s an App for That

October 13, 2020

I ate some odd meals last week: a turkey wrap for breakfast one day, cheddar cheese and chocolate cake for dinner the next. On a few occasions, I didn’t exactly know what the heck I was eating. But it was for a good cause. Not only was I saving the planet by reducing food waste—a cause I care about a little—I was eating cheap, a cause I care about a lot.

I was using Too Good to Go, an app-based service just launched in New York City that lets you buy leftover prepared food from grocery stores, restaurants and bakeries that would otherwise hit the trash at the end of the day.

The app lists the day’s options, which can be filtered by location, cuisine and pickup time. Customers reserve, pay in advance and then retrieve their order from the provider. Most options cost $3.99 or $4.99—a third of the

Finance Minister Sunak to announce local furlough scheme on Friday – The Times

October 10, 2020

| No Comments

| finance

FILE PHOTO: Britain’s Chancellor of the Exchequer, Rishi Sunak, leaves a television studio in London, Britain, October 6, 2020. REUTERS/Toby Melville

(Reuters) – British Finance Minister Rishi Sunak will announce a local furlough scheme on Friday in which the government will subsidise two thirds of the wages of workers in pubs, restaurants and other businesses that are forced to close to stop the spread of the coronavirus, The Times newspaper reported bit.ly/33FH8yg.

“Employers will be able to access the scheme for as long as pubs, restaurants and other businesses are closed,” the newspaper’s deputy political editor, Steven Swinford, said on Twitter.

The Times quoted an unidentified minister as saying there was frustration in government at the failure of the Treasury to bring forward the measures sooner.

The Daily Mail newspaper reported earlier that Sunak was putting together a new support package for jobs in a furlough-style bailout for coronavirus hotspots

This marketing agency pivoted to helping local nonprofits pro bono after losing work to Covid-19

October 9, 2020

| No Comments

| business

As the coronavirus pandemic’s impact in the U.S. became more severe in the spring, organizations such as Atlanta Volunteer Lawyers Foundation realized their services were going to be more in-demand than ever.

a little girl looking at the camera: Extra Special People, a nonprofit that serves families with people with disabilities, needed to figure out how to safely host its annual summer camp that provides care to 300 people and their families during the pandemic.

© Provided by CNBC
Extra Special People, a nonprofit that serves families with people with disabilities, needed to figure out how to safely host its annual summer camp that provides care to 300 people and their families during the pandemic.

The nonprofit, which provides free legal services and social support to people experiencing intimate partner abuse as well as landlord-tenant issues, needed to recruit more attorneys to keep up with an increasingly dire caseload.

Load Error

Faced with the risks of the virus itself, people experiencing domestic violence were left with little option but to stay in close contact with their abusers at home, says AVLF communications manager Ashleigh Starnes. Additionally, “The housing crisis in Atlanta was bad

UK bolsters salary support for those hit by local lockdowns

October 9, 2020

| No Comments

| business

LONDON (AP) — The British government said Friday it will pay two thirds of the salaries of workers in companies that have to close as a result of new coronavirus restrictions widely expected to come into effect next week.

In a change of policy, Treasury chief Rishi Sunak has responded to calls from businesses, local leaders and unions to provide a financial support package to prevent mass job losses in sectors that will be subject to new restrictions.

Pubs and restaurants in large parts of the north of England, where the coronavirus is spreading fastest, are expected to face a government order to shut their doors again – barely three months after reopening. Restrictions are already being tightened Friday in Scotland, where pubs in the two biggest cities, Glasgow and Edinburgh, have to close for 16 days.

“I have always said that we will do whatever is necessary to protect

UK Finance Minister Sunak to announce local furlough scheme on Friday – The Times

October 9, 2020

| No Comments

| finance

Adds COVID-19 background, remarks from minister cited by The Times

Oct 9 (Reuters) – British Finance Minister Rishi Sunak will announce a local furlough scheme on Friday in which the government will subsidise two thirds of the wages of workers in pubs, restaurants and other businesses that are forced to close to stop the spread of the coronavirus, The Times newspaper reported.

“Employers will be able to access the scheme for as long as pubs, restaurants and other businesses are closed,” the newspaper’s deputy political editor, Steven Swinford, said on Twitter.

The Times quoted an unidentified minister as saying there was frustration in government at the failure of the Treasury to bring forward the measures sooner.

The Daily Mail newspaper reported earlier that Sunak was putting together a new support package for jobs in a furlough-style bailout for coronavirus hotspots plunged into local lockdowns next week.

Britain has

Local entrepreneur, Smith Family Foundation and NJM Insurance Group to be recognized by NonProfitConnect

October 7, 2020

| No Comments

| insurance

Liz Erickson Impact Award honoree Joanne Canady-Brown, Community Award honoree Smith Family Foundation and Corporate Award honoree NJM Insurance Group have been selected as this year’s Impact Awards recipients for their commitment to community service.

The Impact Awards are given every year by NonProfitConnect, a Mercer County–based nonprofit that seeks to build “an increasingly diverse, skilled, and engaged group of nonprofit board and staff leaders.”

The honorees will be celebrated at NonProfitConnect’s Annual Impact Awards event on Oct. 29, starting at 5:30 p.m.

“As an organization committed to building nonprofit capacity, we are eager to recognize and honor individuals and organizations in our community that are engaging fellow community members and giving of themselves,” said Allison Howe, NonProfitConnect’s executive director. “As we face unprecedented challenges, it is inspiring to see local companies and leaders rallying resources to keep our nonprofits supported.”

Joanne Canady-Brown is being recognized with the Liz Erickson

Bartell Drugs, a local, family-owned business for 130 years, to be sold to Rite Aid for $95 million

October 7, 2020

| No Comments

| business

After months of pandemic-related financial strain and years of uncertainty over its future, Bartell Drugs, one of the oldest companies in Washington state and one of the most familiar names in the Seattle business community, is being sold.

The 67-store regional drugstore chain, which has been owned by the same family since its founding in Seattle’s Central District in 1890, will be acquired by Rite Aid for $95 million, the companies announced Wednesday.

“We felt that this was the only answer,” said George D. Bartell, co-owner and chairman of the company his grandfather, George H. Bartell Sr., founded 130 years ago. “It was getting more difficult for regional operators to compete in the market.”

Pennsylvania-based Rite Aid, which has about 2,500 stores in 19 states, including 69 in and around Seattle, will keep the Bartell name on the stores. It disclosed no plans to close stores or cut any of

China’s ‘three red lines’ strike delicate balance between curbing real estate debt and local government finances

October 6, 2020

| No Comments

| business

As China moves to tackle excessive borrowing in the real estate sector, it is walking a tightrope between providing cash-strapped local governments with revenues from land sales and keeping a lid on rising house prices.

Chinese regulators in August tightened funding conditions for 12 major property developers, setting caps on the amount of debt they could hold in relation to cash on hand, the value of their assets and as a proportion of equity in their businesses – dubbed “the three red lines”.

Last week, mainland financial newspaper the 21st Century Business Herald reported authorities had asked large banks to keep the proportion of property loans below 30 per cent of all new loans, citing unidentified sources.

Get the latest insights and analysis from our Global Impact newsletter on the big stories originating in China.

Property sales growth has surged this year, helping the economy recover from the coronavirus pandemic.

AirAsia’s Problems Grow as India Minister Hints at Local Shutdown

October 5, 2020

| No Comments

| business

(Bloomberg) — AirAsia Group Bhd. is closing its affiliate operations in India, the local aviation minister said over the weekend, a comment his office later suggested was taken out of context.

a fighter jet sitting on top of a runway: AirAsia Group Bhd. aircraft stand on the tarmac at Kuala Lumpur International Airport 2 (KLIA 2) in Sepang, Selangor, Malaysia, on Monday, Aug. 24, 2020. AirAsia is scheduled to report its quarterly results on Aug. 28.

© Bloomberg
AirAsia Group Bhd. aircraft stand on the tarmac at Kuala Lumpur International Airport 2 (KLIA 2) in Sepang, Selangor, Malaysia, on Monday, Aug. 24, 2020. AirAsia is scheduled to report its quarterly results on Aug. 28.

“AirAsia’s shop is anyway shutting down,” Hardeep Singh Puri said in televised comments that were widely circulated on social media. “Their parent company has problems.”

Load Error

A spokesman for AirAsia India, which is majority owned by Indian conglomerate Tata Group, declined to comment. A spokesman for the civil aviation ministry said Puri’s comments were taken out of context and he had immediately clarified them.

AirAsia, once the poster child of a low-cost airline revolution in Asia, is seeking to raise

YOUR MONEY: Making gifts in a low interest rate environment – Opinion – Wicked Local

September 30, 2020

| No Comments

| money

By Timothy Barry

Wednesday

Sep 30, 2020 at 9:00 AM

Columns share an author’s personal perspective and are often based on facts in the newspaper’s reporting or from personal experience.

Largely unnoticed amidst this year’s significant events is the current historically low interest rate environment. These low interest rates present an opportunity for making gifts to family members at a low gift tax cost. This article will discuss three possible transfer strategies that are made more attractive by low interest raes.

Intra-family loans. A loan is not a gift because the lender receives a promise to be repaid. For a loan to be respected by the IRS it needs to be a bona fide debt and contain an interest rate at least equal to the monthly published applicable federal rate (AFR). For loans made in September, the short-term (three years or less) AFR is .14%