Business Daily News
By Business Daily | Aug 3, 2024
Residents of Florida and the Southeast should prepare for the potential impacts of Tropical Cyclone 4, which is forecast to become Tropical Storm Debby later on Saturday and potentially a hurricane before making landfall along Florida’s Gulf Coast on Monday, Aug. 5, according to the Insurance Information Institute (Triple-I).
By Business Daily | Aug 2, 2024
Administrator Isabel Casillas Guzman of the U.S. Small Business Administration (SBA) announced today the allocation of $7 million in PRIME grants to 28 awardees for 2024. The Program for Investment in Microentrepreneurs (PRIME) aims to support low-income microentrepreneurs through these grants.
By Business Daily | Aug 2, 2024
LITTLE ROCK, Ark. – On Thursday, Aug. 1, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, traveled to Little Rock to kick off Black Business Month.
By Business Daily | Aug 1, 2024
Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet, announced today the launch of the Cyber Prize Competition. The initiative will award $350,000 to an organization tasked with developing and deploying a national Cyber Certification Program for SBA resource partners.
By Business Daily | Aug 1, 2024
The U.S. Small Business Administration (SBA) announced the release of its new Business Resilience Guide, a comprehensive resource aimed at small business owners who may not be familiar with disaster preparation. The guide includes six sections to help plan and recover from disasters, featuring best practices and template forms designed to mitigate risks for America's entrepreneurs and assist them in rebuilding stronger.
By Business Daily | Aug 1, 2024
HOUSTON – On Wednesday, July 31, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, traveled to Houston to meet with disaster-impacted community members, visit a local small business, and participate in a fireside chat at Sigma Gamma Rho Sorority’s 60th International Biennial Boule.
By Business Daily | Aug 1, 2024
E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors.
By Business Daily | Jul 31, 2024
Administrator Guzman Announces Transformation of Customer Experience for Federal Contracting Certifications
By Business Daily | Jul 29, 2024
The U.S. Small Business Administration (SBA) announced lender fees for the fiscal year 2025 for its 7(a) and 504 loan programs. Administrator Isabel Casillas Guzman, head of the SBA and a member of President Biden’s Cabinet, stated that for the second consecutive year, the SBA will not charge upfront fees for loans of $1,000,000 or less under both programs.
By Business Daily | Jul 29, 2024
Morgan Stanley at Work has introduced a new pre-login digital website experience aimed at benefits participants, emphasizing benefits education. This initiative addresses the sentiment of 85% of employees and 96% of HR leaders who believe companies should better assist employees in maximizing their benefits.
By Business Daily | Jul 26, 2024
Members of Local 1102 attended a citizenship clinic at Flying Food Group JFK. The announcement came in a union news release issued on July 19.
By Business Daily | Jul 25, 2024
Investment funds managed by Morgan Stanley Capital Partners (MSCP), the middle-market focused private equity team at Morgan Stanley Investment Management, have acquired American Restoration, a provider of residential and commercial property mitigation and restoration services. MSCP is partnering with the current management team led by CEO Dan Tarantin, who will continue to lead the business.
By Business Daily | Jul 23, 2024
BOSTON – On Monday, July 22, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, traveled to Boston alongside U.S. Senator Ed Markey, member of the Senate Committee on Small Business and Entrepreneurship, to highlight the impact of Inflation Reduction Act investments in community energy projects and to introduce a new SBA initiative to attract additional private capital to support small business investments in the clean energy transition.
By Business Daily | Jul 22, 2024
The Biden-Harris Administration has announced the launch of a new Green Lender Initiative aimed at enrolling additional climate lenders in the U.S. Small Business Administration’s (SBA) loan programs. The initiative, unveiled by SBA Administrator Isabel Casillas Guzman, seeks to leverage SBA loan guarantees to attract private capital for clean energy investments, aligning with President Biden's Inflation Reduction Act.
By Business Daily | Jul 22, 2024
The Goldman Sachs Group, Inc. (NYSE: GS) announced on July 22, 2024, that Bryon Lake will join the firm as Chief Transformation Officer for the Client Solutions Group within Goldman Sachs Asset Management. Lake will be based in New York and joins as a partner.
By Business Daily | Jul 19, 2024
The U.S. Small Business Administration (SBA) has announced a new funding opportunity for Native American-owned small businesses under the pilot Native American Trade Expansion Program (NATEP). The program, introduced by Administrator Isabel Casillas Guzman, aims to provide up to $240,000 in grants to support the expansion of exporting opportunities for these businesses. Proposals must be submitted by July 31, no later than 11:59 p.m. EDT.
By Business Daily | Jul 18, 2024
NEW YORK, July 18, 2024 – The Goldman Sachs Group, Inc. (NYSE:GS) announced the appointments of Haidee Lee and Carsten Woehrn as Partners and Global Co-Head of Sponsor M&A and Co-Head of M&A in EMEA, respectively.
By Business Daily | Jul 18, 2024
SAN JUAN – From Monday, July 15 through Tuesday, July 16, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet representing America's more than 33 million small businesses, visited Puerto Rico to participate in the Global Entrepreneurship Conference. During her visit, she engaged with local small businesses and discussed strategies for promoting entrepreneurship in Puerto Rico and across the Western Hemisphere.
By Business Daily | Jul 17, 2024
Global investment firms Carlyle (NASDAQ: CG) and KKR (NYSE: KKR) announced today that strategic partnerships comprising funds and accounts managed by their respective credit businesses have agreed to acquire a prime student loan portfolio from Discover Financial Services (NYSE: DFS) valued at approximately $10.1 billion.
By Business Daily | Jul 17, 2024
Morgan Stanley Wealth Management today announced results from its quarterly individual investor pulse survey.