Business Daily News
By Business Daily | Apr 29, 2024
WASHINGTON – The Biden-Harris Administration has set a new milestone by awarding a record-breaking $178.6 billion in federal procurement opportunities to small businesses, exceeding the Fiscal Year 2023 small business contracting goal of 23%. This achievement was highlighted by SBA Administrator Isabel Casillas Guzman during a roundtable discussion to mark National Small Business Week.Administrator Guzman emphasized the administration's commitment to supporting small businesses, stating, "Through President Biden’s Investing in America agenda, we have championed...
By Business Daily | Apr 29, 2024
The United Nations' recently launched net-zero insurance initiative is more resistant to antitrust attacks than its predecessor, the Net-Zero Insurance Alliance (NZIA), according to Butch Bacani, chairman of the new initiative. The UN disbanded the NZIA on April 25 due to allegations of antitrust violations and replaced it with the Forum for Insurance Transition to Net Zero (FIT). Bacani, who also oversees insurance for the UN Environment Programme Finance initiative, serves as chair.
By Business Daily | Apr 29, 2024
Progressive Insurance has revealed plans to hire thousands of individuals for various roles across the United States in 2024. The company, known for its progressive and inclusive company culture, is actively seeking qualified candidates to support its expanding customer base.Bill Clawson, Progressive's Chief Human Resources Officer, emphasized the importance of the company's workforce, stating, "Our talented group of more than 60,000 employees across the country are at the forefront of what we do, and we're committed to meeting the needs of our current employees as well...
By Business Daily | Apr 29, 2024
Progressive Insurance has announced plans to hire thousands of job seekers for various roles across the country in 2024 as part of its continued growth. The company reported a significant increase in total revenue in 2023 and has maintained this growth into the new calendar year, prompting the need for more employees to support its expanding customer base.Bill Clawson, Progressive Chief Human Resources Officer, emphasized the importance of their workforce by stating, “Our talented group of more than 60,000 employees across the country are at the forefront of what we do,...
By Business Daily | Apr 29, 2024
Adobe has recently launched its Photoshop (beta), featuring the advanced Generative Fill with Reference Image. The update was unveiled last week at Adobe MAX London.
By Business Daily | Apr 29, 2024
Two hotels and four restaurants have recently been added to AAA's prestigious Five Diamonds list. Among them are Emeril’s in New Orleans, Louisiana, Jungsik in New York, New York, Le Hatley Restaurant in North Hatley, Quebec, Canada, Mandarin Oriental Boston in Boston, Massachusetts, Mugen in Honolulu, Hawaii, and Raffles Boston, also located in Boston, Massachusetts.In a statement, AAA highlighted the significance of the Five Diamond designation, stating that they offer "ultimate luxury and leading-edge cuisine." This recognition is reserved for establishments that excel...
By Business Daily | Apr 29, 2024
Fires resulting from lightning strikes cause a significant portion of commercial property insurance claims in the United States. Tim Harger, executive director of the Lightning Protection Institute (LPI), emphasized the importance of protecting businesses from the destructive consequences of lightning strikes, stating, "The potential consequences, such as business interruption, loss of revenue, and damage to reputation, can be devastating." He highlighted the significance of investing in a lightning protection system to prevent business interruption and safeguard...
By Business Daily | Apr 29, 2024
NEW YORK, April 29, 2024 – The Goldman Sachs Group, Inc. (NYSE: GS) has announced that John E. Waldron, President and Chief Operating Officer, is set to speak at the Bernstein 40th Annual Strategic Decisions Conference on Thursday, May 30, 2024 at 8:00 a.m. (ET).Goldman Sachs, a renowned global financial institution, provides a wide range of financial services to various clients, including corporations, financial institutions, governments, and individuals. Established in 1869 and headquartered in New York, the firm has a presence in major financial hubs worldwide.In a...
By Business Daily | Apr 29, 2024
Seventy-nine agricultural educators have been named finalists for the 2023-2024 Golden Owl Award, a prestigious recognition in the field of agricultural education. The finalists were selected from a pool of over 1,100 nominations across 11 states, including California, Illinois, Indiana, Iowa, Kansas, Missouri, Nebraska, New York, Ohio, Pennsylvania, and South Dakota.According to Brad Liggett, president of Agribusiness at Nationwide, "As the need grows for more ag educators across the nation, we are proud to thank and honor these hardworking agricultural teachers for...
By Business Daily | Apr 29, 2024
Intel has announced that its Foundry has been selected for Phase Three of the U.S. Department of Defense's (DoD) Rapid Assured Microelectronics Prototypes—Commercial (RAMP-C) program. The DoD disclosed the award through the National Security Technology Accelerator’s consortium-based Strategic and Spectrum Missions Advanced Resilient Trusted Systems Other Transaction Authority (S2MARTS OTA) program.
By Business Daily | Apr 28, 2024
State Farm has expressed deep concern for those affected by the recent severe weather events, including tornadoes in multiple states and hail storms in Texas. A spokesperson for State Farm stated, "Our hearts go out to the communities and families of all those who have been tragically affected by the recent severe weather." The company's primary focus is on ensuring the safety and well-being of all individuals in the impacted areas.In response to the natural disasters, State Farm has mobilized its catastrophe claim response team members to assist customers. They have also...
By Business Daily | Apr 26, 2024
Amazon announced it will start operating a drone delivery service in the West Valley Phoenix Metro Area this year.
By Business Daily | Apr 26, 2024
PayPal announced the testing of its new express checkout method, Fastlane by PayPal, which streamlines the checkout process for users when online shopping.
By Business Daily | Apr 26, 2024
Amidst the ongoing debate over cybersecurity platforms versus best-of-breed point solutions, the cybersecurity industry is witnessing a shift towards a more integrated and consolidated approach. According to industry experts, platform solutions have faced criticism for offering capabilities that are only considered "good enough," while point solutions have inadvertently complicated the cybersecurity landscape.Platformization has emerged as a crucial element in modern cybersecurity strategies, aiming to streamline security functions, reduce complexity, and enhance overall...
By Business Daily | Apr 25, 2024
Goldman Sachs Group, Inc. (NYSE:GS) has appointed Hidehiro Imatsu as the new president and representative director of Goldman Sachs Japan Co., Ltd. (“GSJCL”), with the effective date set for June 3, 2024. Imatsu, currently serving as co-head of Global Interest Rate Products Trading and co-head of the Asia Pacific Fixed Income, Currency and Commodities Franchise in Hong Kong, will retain these roles while taking on the new leadership position in Tokyo.In a statement, David Solomon, Chairman and Chief Executive Officer of Goldman Sachs, expressed confidence in Imatsu's...
By Business Daily | Apr 25, 2024
WASHINGTON, D.C. (April 25, 2024)—With domestic gasoline demand decidedly in the doldrums and the cost of oil retreating, the national average dipped two cents since last week to $3.65.Andrew Gross, spokesperson for AAA, noted, "Domestic gas demand is pretty pokey at the moment, which is often the case in the runup to Memorial Day and the traditional start of summer driving season."Gross also added, "The recent national average price of $3.67 could be the peak until hurricane season is well underway. But as always, the wildcard will be the cost of oil, so stay tuned."...
By Business Daily | Apr 25, 2024
Washington, DC (April 25, 2024) – Raising speed limits on highways could lead to more crashes on nearby roads, according to new research by the AAA Foundation for Traffic Safety. Dr. David Yang, president and executive director of the AAA Foundation, emphasized this point by stating, “Increasing posted speed limits on freeways may improve traffic flow but could also lead to safety concerns in adjacent communities once speeding drivers proceed to neighboring roadways.”The study conducted by AAA Foundation researchers focused on the impact of speed limit changes on...
By Business Daily | Apr 24, 2024
Enclave Coworking will be hosting a free coworking day for the community at their Evanston location on May 9.
By Business Daily | Apr 24, 2024
State Farm has introduced an innovative program aimed at assisting drivers involved in collisions, further emphasizing their commitment to enhancing driver safety. The new Accident Assistance feature, integrated into the Drive Safe & Save platform, aims to provide crucial guidance and support to individuals during the challenging moments following an accident.According to State Farm, the Accident Assistance feature is designed to help drivers navigate the immediate aftermath of a collision by offering guidance on essential steps such as ensuring safety, contacting...
By Business Daily | Apr 24, 2024
Flying Food Group has announced a partnership with ITA Airways to offer in-flight catering services for the airline's new flights operating between Chicago O'Hare International Airport and Rome Fiumicino Airport. The new route is scheduled to operate six times per week.