Business News

Ricketts Praises Community Banks for COVID-19 Response

Published by Scott Stewart on Thu, 04/16/2020 - 4:14pm

Lincoln – Nebraska Gov. Pete Ricketts praised the efforts of the state’s community banks to support the credit needs of their small business clients across the state, despite a fast rollout for the federal Paycheck Protection Program.

“We want to encourage any employer who has experienced substantial financial impact from the pandemic to reach out to their community banker,” Ricketts said.

Follow Tips to Stay Safe From Zoom, Microsoft Team Hacks

Published by Scott Stewart on Thu, 04/16/2020 - 4:13pm

Lincoln – Due to COVID-19, an increasing number of individuals and organizations are turning to communications platforms such as Zoom and Microsoft Teams for online meetings. In turn, malicious cyber actors are hijacking online meetings that are not secured with passwords or that use unpatched software.

Here are some tips for defending against online meeting hijacking:

Omaha Chamber Survey Finds Companies Putting Staff First

Published by Scott Stewart on Thu, 04/16/2020 - 4:08pm

Eighty-five percent of Omaha businesses say their top concern related to COVID-19 is “direct financial impact,” according to a survey by the Greater Omaha Chamber.

Respondents’ No. 2 concern was “potential recession” (54%), followed by “ability to retain staff” (29%), based on emails gathered in late March from 116 respondents.

TAGG Offers Texting Platform To Donate to Local Businesses

Published by Scott Stewart on Thu, 04/16/2020 - 4:07pm

Waterloo – Together A Greater Good, aka TAGG, is offering a free text-to-give platform and is asking people to consider making a contribution to help their favorite local restaurants and retailers suffering from the COVID-19 pandemic.

Nebraska Tax Collections Up in March Despite Virus

Published by Scott Stewart on Thu, 04/16/2020 - 3:51pm

Lincoln – Nebraska state government had better-than-expected tax collections in March despite a surge in unemployment and widespread hardship caused by the new coronavirus, according to a report released last Wednesday.

The Nebraska Department of Revenue reported net tax collections of $380 million, which is about 12% higher than the projected forecast of $339 million.

Two Weeks Later, Loans Start Flowing to Small Businesses

Published by Scott Stewart on Wed, 04/15/2020 - 8:19am

New York – The flow of money to small businesses under the government’s $349 billion coronavirus relief plan is picking up momentum although many company owners are still waiting and wondering.

No College World Series Hits Omaha Hard

Published by Scott Stewart on Wed, 04/15/2020 - 8:15am

Rich Tokheim’s sports apparel shop is right across the street from TD Ameritrade Park. More than half his annual revenue comes in the 11 or 12 days of the College World Series each June.

“We’re here,” he said, “because of the College World Series. It’s just so many people.”

Royalty Roofing Looks to Heavens for Inspiration

Published by Scott Stewart on Tue, 04/14/2020 - 7:52am

When Nick Bermel first began his construction business, he was a one-man operation doing the work by hand. Now, he runs a crew of 10 staff members and treats them – as well as his customers – like royalty.

IMF: Global Economy Will Suffer Worst Year Since Depression

Published by Scott Stewart on Tue, 04/14/2020 - 7:51am

Washington – Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.

UNL Professor Shares Tips for Managing a Remote Team

Published by Scott Stewart on Tue, 04/14/2020 - 12:00am

In the University of Nebraska–Lincoln’s dash to offer remote access teaching, learning and working in response to COVID-19, the College of Business turned to Tawnya Means to provide expertise on how to successfully manage a remote team.

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