Navigating the Turbulent Waters of Business and Finance: Watching Key Events in May
This week in business and finance, there are several key stories to watch. One of the most anticipated events is the University of Michigan’s preliminary reading on consumer sentiment, set…
Criminal Investigation of Dorchester Man’s Alleged Tax Fraud: $10 Million in Gold and Silver Cover-Up.
Claudio Poles, a 78-year-old man from Dorchester, is facing charges for allegedly covering up purchases of more than $10 million worth of gold and silver bars with the company’s money.…
City of Madison’s SBER Program Helps Historically Disadvantaged Small Businesses Recover from Pandemic Losses”.
During National Small Business Week, the City of Madison’s Economic Development Division is showcasing the various programs and resources provided to local business owners through the Office of Business Resources.…
Kernel Group Holdings Extends Period for Business Combination Completion – Amid Risks and Uncertainties
Kernel Group Holdings, Inc. has announced that it will be extending the period for completing its initial business combination. The extension, which runs until June 5, 2024, is the fourth…
From Peak to Bankruptcy: The Rise and Fall of Rue21
Rue21, a popular teen apparel store found in malls, has announced that it will be closing all 540 of its stores in the coming weeks. This decision comes after the…
Entrepreneurship Expert Dr. Dianne Welsh Retires after 15 Years of Inspiring New Business Owners at UNCG
This year, Dr. Dianne Welsh, Hayes Distinguished Professor of Entrepreneurship and Founding Director of UNC Greensboro’s Entrepreneurship Program in the Bryan School of Business and Economics, received a lifetime achievement…
Sam Ash Stores Close Their Doors After 100 Years of Serving Musicians: A Bittersweet Farewell to an Era
In 1924, Sam Ash opened its doors as a music-instrument chain retailer and it has been serving musicians for a century. The Ash family made an announcement on Facebook regarding…
OHOW Center Wins ‘Best New Sports Facility’ and ‘Project of the Year’ at Milwaukee Business Journal Real Estate Awards
In 2023, the Orthopaedic Hospital of Wisconsin Center (OHOW Center) was named the “Best New Sports Facility” by the Milwaukee Business Journal Real Estate Awards. The community quickly took notice…
Fashion and Food Firms Face Financial Uncertainty: What’s Next for Rue21 and Red Lobster?
Red Lobster is considering filing for bankruptcy, which has sparked concerns about the future of their famous cheddar bay biscuits. Meanwhile, rue21 has already filed for Chapter 11 bankruptcy and…
Jonathan Grimes Named New President and CEO of Arts Council of Greater Baton Rouge: A Tribute to Renée Chatelain’s Legacy and Grimes’ Vision for the Future
The Arts Council of Greater Baton Rouge has announced the appointment of Jonathan Grimes as its new president and CEO, effective immediately. Grimes had been serving as the interim president…