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These Fortune 500 companies are halting contributions to Republicans (and Democrats) in the wake of Capitol attacks

For years, Wall Street, and Corporate America more broadly, were willing to put up with President Trump’s often erratic behavior because he delivered the tax cuts, deregulation and tariff reforms they wanted.

But last week’s deadly attack on the Capitol in which mobs of his supporters stormed the heart of American democracy, egged on by the departing President and some of his allies in Congress, as lawmakers sought to ratify the victory of President-elect Joe Biden, was a step too far.

Now, some large corporations, like hotel operator Marriott International and insurer Blue Cross Blue Shield are halting donations to Republican lawmakers who sought to disrupt the certification of Biden’s victory. Others, notably Wall Street giants Goldman Sachs and J.P. Morgan are temporarily halting political donations altogether.

“We will not support candidates who do not support the law,” Citi head of global government affairs Candi Wolff told staff in an internal … Read the rest

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4 Tips To Help You Increase Customer Loyalty

What would your business look like if you were able to increase your retention rates by 10 or 15 percent? How much more profitable would you be? These are questions worth considering as you start fresh in 2021.

What Makes a Loyal Customer?

Customer loyalty is something that businesses have been after for decades. And in today’s competitive environment, it’s something that’s harder to obtain than ever before. Today’s customers – particularly younger consumers – are less brand loyal and tend to switch between brands they see as “basically the same.” However, loyalty is still something that can be achieved if you’re committed enough.

Customer loyalty is typically the result of a proprietary blend of price, value, experience, quality, convenience, notalgia, and expectation. And in the world of social media, there’s also a degree of social acceptance involved. (“What will people think?”)

By cultivating loyalty, you ultimately increase profitability Read the rest

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Apple, Amazon remove Parler over accusations the platform helped incite Capitol attacks

Apple Inc. and Amazon.com Inc. are removing Parler from their services, part of a growing backlash after the social media network was among those used to organize Wednesday’s riots at the Capitol.

Apple dropped Parler from its App Store, while Amazon’s cloud unit decided to stop hosting the social media company starting Sunday night. They joined Alphabet Inc.’s Google, which removed the app from its Google Play store on Friday, saying that it created an “ongoing and urgent public safety threat.”

Parler, which is popular with extremist groups seeking an alternative to more mainstream social media sites, has come under fire since the storming of the Capitol by a pro-Trump mob. The move by the tech companies will leave Parler ending the weekend without easy access to virtually all of the world’s smartphone users, and scrambling to find a new company to host its services.

Apple’s decision came a day after the … Read the rest

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Improve Your Business Finance This 2021

Across the globe in 2020, millions of businesses were financially impacted from the current pandemic, which is why planning ahead for the full 2021 financial year for your business is crucial.

You may think it’s planning far ahead, but with these unprecedented times, thinking proactively about your business’s future is the right thing to do. Even more when looking at business finances as a whole.

Can Your Broaden Your Business Niche? 

Now more than ever, we have seen businesses adapt and change to further enhance the profits they can make.

This step is more towards how you can adapt your business in a way that profits can be potentially raised whilst fitting in with the theme of your company.

For instance, many businesses have moved online as well as already being present on the high street, but especially if you look at the current situation in the United Kingdom, enforced … Read the rest

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How a data scientist beat the polls by nailing the Georgia senate race

The week of the Georgia senatorial elections, I’ve been following the forecasts by Northwestern University data scientist Tom Miller, who bested most of the polls in the presidential race by missing the margin of Joe Biden’s victory by just 12 electoral college votes. In fact, Miller’s only major wrong call was forecasting a Trump win in Georgia. This time, Miller learned from his misreading of the Peach State and the nailed the outcomes of the two senatorial races. Just after midnight on January 5, Miller predicted Democratic challengers Raphael Warnock and Jon Ossoff would sweep both races, defeating Senators would Kelly Loeffler and David Perdue by 2% and 1% respectively.

In the final count, Warnock prevailed 50.9% to 49.1%, a margin of 1.8 points, while Ossoff won 50.5% to 49.5%, or by 1 point. Miller was just .2% off on Warnock vs Loeffler, and hit the precise mark on … Read the rest

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Young Interior Designers Bring Life To Interior Design

Young interior designers bring much in the way of authenticity and innovative trends when it comes to the world of interior design. The youthful spirit pervades innovations in this field. There are a number of ways in which young designers are bringing new ideas to the table.

We will discuss some of these in detail below.

Farm Themes.

Another young trend in interior design is the farm theme. This theme features farm-themed items like farm print wallpaper and pillows embroidered with images of farm animals. Another common feature of this theme is the usage of a barn door for accent decoration.

The farm theme features pastel colors and rustic colors, as well. Flower arrangements are used in this theme, too. There is ample usage of pastels, specifically in window draperies. You can find this theme in the interior design projects of many young designers.

Cottage Core.

Cottage core is … Read the rest

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Investing legends Carl Icahn and Jeremy Grantham see a stock market bubble

During the week of Jan. 4, two of the all-time great stock market sages—who’ve been expert at calling market frenzies for decades—charged that the bulls had lost their marbles. Carl Icahn and Jeremy Grantham went public claiming that equities are vastly overpriced and due for a steep selloff. The same week, the cockeyed optimists from Wall Street money managers to Gen Xers hooked on day trading ignored their warning, staging still another buying frenzy that on Thursday, Jan. 7, pushed the S&P 500, Dow, and Nasdaq to fresh records.

Between them, Icahn, who’ll turn 85 next month, and Grantham, at 82, have a total of around 120 years of experience navigating the markets and skirting just the kinds of disasters they see coming. Icahn owns over 90% of industrial conglomerate and investment vehicle Icahn Enterprises (market cap: $11.8 billion), and holds billions more in shares of companies as diverse as … Read the rest

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How Younger Workers Can Mentor Older Ones And Move Companies Forward

by Rod Robertson, Managing Partner of Briggs Capital and author of “Winning at Entrepreneurship: Insiders’ Tips on Buying, Building, and Selling Your Own Business

Mentoring usually refers to a manager, executive, or experienced employee guiding a younger person in the workplace, helping them acquire knowledge and new skills that foster professional growth.

But with the expanding role of technology in today’s rapidly evolving business climate, a role reversal sometimes takes place – reverse mentorship. That is, older employees are paired with younger ones who teach them about technology – a strong suit for millennials and Gen Z workers, generations who grew up with technology.

Reverse mentoring can be a plus for businesses in bridging generation gaps and knowledge gaps, and also a lifeline for older workers who otherwise might get phased out. The older people better pay attention to these young people and find a mentor so they … Read the rest

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Elon Musk beats Jeff Bezos to become world’s richest person

Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet.

A 4.8% rally in the electric carmaker’s share price Thursday boosted Musk past Amazon.com Inc. founder Jeff Bezos on the Bloomberg Billionaires Index, a ranking of the world’s 500 wealthiest people.

The South Africa-born engineer’s net worth was $188.5 billion at 10:15 a.m. in New York, $1.5 billion more than Bezos, who has held the top spot since October 2017. As chief executive officer of Space Exploration Technologies Corp., or SpaceX, Musk is also a rival to Bezos, owner of Blue Origin LLC, in the private space race.

The milestone caps an extraordinary 12 months for Musk. Over the past year his net worth soared by more than $150 billion in possibly the fastest bout of wealth creation in history. Fueling his rise was an unprecedented rally in Read the rest

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Why A Vaccine For COVID-19 Won’t Restore Small Businesses Overnight

by Terry Monroe, founder and president of American Business Brokers & Advisors (ABBA) and author of “Hidden Wealth: The Secret To Getting Top Dollar For Your Business

The vaccine for the COVID-19 virus recently began shipment. The Wall Street Journal states it will take until sometime in March of 2021 to vaccinate the first 100 million individuals with the highest priority of getting the vaccine. That would leave well over  200 million Americans still in need of the vaccine as we head into spring.

The stock market is doing very well as it hovers around 30,000 – an unbelievable achievement never seen before, even though millions of people have lost their jobs and people continue to lose their jobs on a daily basis. The stock market is based on the theory of expectation, and what it is telling us is that with a vaccine, the economy will Read the rest