Maryland Smith to Host Maryland Business Adapts Roundtable on June 3
Company Leaders, Exporting Experts to Discuss Best Practices in Global Business Resilience Through COVID Disruption
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COLLEGE PARK, Md., May 7, 2021 /PRNewswire/ When COVID-19 halted the global economy, business still carried on across borders. In Maryland, five companies stand out for weathering the storm and will be featured in a Maryland Business Adapts Roundtable, a virtual event from 9 a.m.-noon Thursday, June 3, 2021, organized by the Center for Global Business (CGB) at the University of Maryland s Robert H. Smith School of Business.
By City News Service
May 7, 2021
SANTA ANA (CNS) - An Orange County man was arrested today on federal charges alleging he fraudulently obtained about $5 million in Payment Protection Program loans for his sham businesses, then used the money on himself, including purchasing Ferrari, Bentley and Lamborghini sports cars.
Mustafa Qadiri, 38, of Irvine, was named in a federal grand jury indictment returned Wednesday charging him with four counts of bank fraud, four counts of wire fraud, one count of aggravated identity theft, and six counts of money laundering, according to the U.S. Attorney s Office.
Qadiri surrendered to law enforcement and was expected to make his initial appearance Friday afternoon in Santa Ana federal court.
âMaryland Business Adaptsâ to Showcase Best Practices in Global Operations During the Pandemic
Companies to Share COVID-Resilience Insights, via Maryland Smith-Hosted Roundtable Event
Newswise When COVID-19 halted the global economy, business still carried on across borders. In Maryland, five companies stand out for weathering the storm and will be featured in a Maryland Business Adapts Roundtable, a virtual event from 9 a.m.-noon Thursday, June 3, 2021, organized by the Center for Global Business (CGB) at the University of Maryland’s Robert H. Smith School of Business.
“The event celebrates the adjustments during the pandemic of Maryland companies in international business while providing insights for topics like minimizing the business risk of their global operations or preparation for sudden operational changes,” says CGB Executive Director Rebecca Bellinger.
Listen to Ag Analyst Kent Thiesse with an update on the Payment Protection Program (PPP) round one and two. Plus the latest on the revised Wildfire Hurricane Indemnity Program (WHIP+) and the Top Up Payments for Pork Producers. Some of these programs are the result of the COVID-19 pandemic while others like WHIP and WHIP+ were around before the pandemic and all the shutdowns that began about a year ago.
The Top Up Program payments for pork producers are the most in question as they are still being reviewed by the Biden Administration. I also talked with Kent about Farmfest as it was just announced there would be a Farmfest this year. Things could change between now and early August but right now it looks like we may have a normal summer. For many years Kent has organized all the forums in the forum building at Farmfest. I am sure there will be a lot of topics to choose from this year at Farmfest.
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For Andre Hopwood, owner of Conscious Kitchen, a popular restaurant in Corryville, a new grant program administered by the U.S. Small Business Administration (SBA) might just be the godsend he’s looking for.
The $28.6 billion federal program, which was established under the American Rescue Plan signed into law by President Joe Biden in March, will provide grants to restaurants, bars, caterers and other eligible establishments equal to their pandemic-related revenue losses up to $10 million, but no more than $5 million per physical location.
As of Thursday, the SBA had already received more than 186,000 applications from restaurants, bars and other eligible businesses nationwide.