Page 869 - Commerce News Today

Questions and answers • During a pandemic that could likely stretch into the next fiscal year, or even the next calendar year, what are the town’s greatest challenges? Hall: Lack of child care. COVID challenged the workforce, especially mothers. This has economic consequences on working parents, businesses and taxpayers. This affects work productivity, causing demotions, reduced hours and poor job stability. Businesses could be burdened with extra hiring costs, losses in productivity ...

COLUMBIA - Swift Prepared Foods’ application for tax incentives to build an Italian meats plant on Paris Road that would employ 251 people won the unanimous approval of the Boone County Commission on Thursday. The company plans to invest $150 million to build a 275,000-square-foot plant that will begin production in the third quarter of 2022, Swift’s Matt LaFollette told the commission Tuesday, when it held a first reading of a measure accepting the recommendation of the Chapter 100 R...

COLUMBIA - As the fifth annual Minority and Women-Owned Business Week and Expo wraps up Friday, organizers and participants said supporting women, people of minority groups, and small businesses are even bigger than this weeks expo. "These are things we can take into our everyday lives," one of the events hosts, Adonica Coleman said. "Its not just Black History Month or Womens History Month that we can keep these things top of mind at all times." Due to COVID-19 restrictions, this is the first ...

Round Room LLC, the nation’s largest Verizon Authorized Retailer, announces that all 526 of its TCC stores donated appreciation boxes to more than 500 schools across the U.S.

No. 1 Perpetual construction, traffic changes take its toll. I popped into Circle K on Concord Parkway across from Golden Corral the other day to get a drink. The first thing I noticed was several empty coolers. The convenience store is closing March 12 and the building will be demolished. Business has been way off. My guess is the constant construction and the re-routing of traffic doomed the business. I’m sure the pandemic didn’t help. The old Kannapolis Highway/U.S. 29-A street was...

A faulty underground cable cut power to some 300 Jackson customers for a couple hours on Wednesday and stranded skiers on Snow King Mountain Resort lifts for a chilly 15 to 20 minutes. Reports of the power outage at Snow King began to come in to the Jackson Hole Daily not long before the hill’s closing time at 6:30 p.m. At least one skier said she was stuck on the Cougar Lift for between 15 and 20 minutes as she waited for auxiliary power to kick in to get riders to the top of the chair li...

Date Time Statement of Preliminary Issues released for Taranaki By-Products’ application to increase its shareholdings The Commerce Commission has published a statement of preliminary issues relating to the clearance application from Taranaki By-Products Limited for it, or a related company, to increase its shareholdings in three joint ventures with the Lowe Corporation. The statement outlines the key competition issues that the Commission currently considers important in deciding whether or ...

If you want to be remembered in economics, get yourself a curve. There’s the Lorenz curve, the Laffer curve, the Kuznets curve, and, probably most famous, the Phillips curve. Phillips was A.W. Phillips, an economist from New Zealand who worked in London. In 1958, he drew a curve connecting the dots between inflation and unemployment. When unemployment went down, inflation went up. The Phillips Curve took the economics profession by storm. Sometimes people like your curve so much, it become...

The Pennsylvania Ag Department does much more than deal with COVID-19 issues, but in a hearing on the agency’s budget this week, that’s where the talk kept ending up. “We all arrive at this point with so many experiences, life and professional experiences, that will forever change what we do as individuals and citizens but also inside this Department of Agriculture,” Ag Secretary Russell Redding said. Redding fielded questions from the House Appropriations Committee for two ...

COVENTRY — For residents of the nearly 700 houses that surround it, as well as many others who live beyond its shores, there’s no place like Johnson’s Pond. Also known as Flat River Reservoir, Johnson’s Pond is steeped in beloved traditions. Whether by boating, by casting a line from somewhere along its 17-mile shoreline, or by gathering with friends for the annual Fourth of July fireworks display, there are myriad ways to enjoy the 659-acre body of water.   But the sale ...