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President-elect Donald Trump’s second term could bring big changes to Main Street, but small business advocacy groups have mixed views about his agenda. It comes as the National Federation of Independent Business’ measure of uncertainty is at its highest level on record, according to a newly released survey taken before the election. In addition to the shifting political environment, many business owners are grappling with inflation and workforce shortages. “With the election over, small business owners will begin to feel less uncertain about future business conditions,” said NFIB chief economist Bill Dunkelberg. “Although optimism is on the rise on Main Street, small business owners are still facing unprecedented economic adversity.” It comes as some small business owners are bracing for the impact of increased tariffs. On Monday, Trump posted on Truth Social that one of his first executive orders will impose a 25% tax on all products coming into the United States from Mexico and Canada. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country! Both Mexico and Canada have the absolute right and power to easily solve this long simmering problem,” Trump furthered. Ris Lacoste, a restaurant owner in Washington, D.C., is concerned prices for some ingredients could go up. “We do get some produce from the warmer climates, and that includes Mexico, so I think that's going to affect us, especially over the winter,” Lacoste said. “I think it's going to be difficult. I’m hoping not. I'm hoping that a lot of these things don't happen.” She's not the only one with concerns. "Small business owners are already hunkering down to weather the painful impact of a potential trade war. They're stocking up on inventory. They're even thinking of moving operations offshore to manufacture for the export market, if they're able to do that," said John Arensmeyer, the founder and CEO of Small Business Majority. NFIB’s vice president of federal government relations, Jeff Brabant, said they're not taking a formal stance on Trump’s tariffs proposal at this point, but, generally, their members are optimistic about his re-election. "They're hopeful there will be less burdensome regulations, and they're hopeful that they're not going to see a massive tax increase at the end of next year,” Brabant said. The Tax Cuts and Jobs Act, which passed during Trump’s first term, allowed eligible small business owners to deduct up to 20 percent of their business income. Supporters say the provision, also called the pass-through deduction, leveled the playing field with big corporations. “It was a resounding success, but unfortunately, a lot of those provisions are about to expire,” Brabant said. Brabant believes Congress, which will soon be controlled by Republicans, is well-positioned to extend the policy or make it permanent. However, critics of the pass-through deduction argue it disproportionately benefits the wealthiest Americans and excludes some small businesses. They are calling for a different approach to help Main Street. “We've proposed a $25,000 standard deduction to small business income that would be from the bottom up so that those smaller businesses would be actually getting a bigger percentage benefit than those larger businesses,” Arensmeyer said. As lawmakers prepare to revisit that tax debate next year, it’s still unclear who will lead the Small Business Administration during Trump’s second term. As of Saturday morning, Trump had not announced his pick to lead the agency, but it’s likely to be a new face. Trump has already tapped his former SBA administrator, Linda McMahon, to lead the Department of Education. Molly Day, vice president of public affairs for the National Small Business Association, said the choice will be a chance for Trump to signal his priorities for the agency. “The pick for SBA administrator should support a fully staffed SBA Office of Advocacy which has been absent a chief counsel for years. This small office plays a major role in protecting small businesses when it comes to regulations, and they need someone with robust legal and small business experience. The next SBA administrator should also be committed to maintaining SBA’s strong lending programs as well as increasing the federal government’s federal contracting goal from 23 percent to 30 percent,” Day wrote in a statement.Wealthy nations’ US$300b pledge for climate finance reveals new conservative political realities
AP News Summary at 5:43 p.m. ESTFIA nets main culprit blamed for Libya boat tragedy FIA spokesperson states Suleman’s arrest was pivotal step towards curbing human trafficking ISLAMABAD: The Federal Investigation Agency (FIA) has arrested a most-wanted human trafficker for his involvement in the Libya boat tragedy. Muhammad Suleman was a notorious fugitive listed in the investigation agency’s Red Book. Acting on the directives of Interior Minister Mohsin Raza Naqvi, the FIA intensified its crackdown on the human trafficking networks. The operation, led by FIA’s Gujranwala Zone, marks a significant achievement in dismantling human trafficking networks. Suleman, accused in more than seven cases filed by the Composite Circle Gujrat in 2023 allegedly defrauded his victims of millions of rupees on the pretext of facilitating their travel to Europe. The suspect reportedly collected Rs2.4 million from each of seven victims. He and his accomplices routed the victims through Egypt and Dubai before keeping them in safe houses in Libya in deplorable conditions. Subsequently, he attempted to send the victims to Italy through a boat that tragically capsized, resulting in the loss of lives. Using the advanced technology, the FIA arrested Suleman in Gujrat after multiple raids. Investigations are underway, and efforts are being made to apprehend his accomplices involved in human trafficking. The FIA spokesperson stated that Suleman’s arrest was a pivotal step towards curbing human trafficking and ensuring justice for the victims.
NEWARK — After a recount, the results of a Newark City Council race have held, with Jactina Arteaga headed toward victory with a four vote advantage. By Friday afternoon, Arteaga had a 0.1% lead, with 6,446 votes to Julie Del Catancio’s 6,442 votes. The Alameda County Registrar of Voters manually recounted all of the race’s ballots by Friday afternoon and the results appeared to hold the same, an official said Friday. Tim DuPuis, the Alameda County registrar, said Friday that he personally made the decision to review the race’s results because it was within 10 votes of separation – the closest race in the county. The results of the recount appeared to hold, Dupuis said Friday. The only other tight race in the county, he added, was the Fremont District 6 council race where Raymond Liu had a 36-vote lead over incumbent Teresa Cox. At one point, the contest had been as close as 12 votes before more ballots were counted.Dupuis said he did not elect to recount that race. Arteaga received a bachelor’s degree in business administration from Cal State University, Hayward. She has previous experience as a child support officer for San Mateo County, in finance and public safety administration in San Mateo County District Attorney Steve Wagstaffe’s office and as an assistant agency director with the Social Services Agency. “Although it has been a roller coaster with the results these past few weeks, it is important that every vote gets counted. I’m glad the ROV is doing a manual count and I hope that I remain in the lead,” Arteaga said in a statement Friday before the recount was completed. “Either way the voters have spoken and we will have new leadership on the council beginning in December.” The latest campaign finance records show Arteaga raised $14,902 through October, mostly through small donations, including a $2,500 personal loan. She spent $5,820, largely on print ads and other campaign advertising materials. “It seems like what people really want to see is that they’re safe, that their families are safe, and that we’re responsible,” Del Catancio said in an interview Friday. “I feel like I’d fit in wholeheartedly because I really love Newark, I’m a long term resident here and I also work in the area.” Del Catancio received a law degree from the University of San Francisco School of Law and a master’s degree in administration from the University of Kansas. She is currently a Newark planning commissioner and educator in the Newark Unified School District. “Win or lose, I feel like we put our heart and soul into it and we tried the best that we could. And so I think that it’s really up to the people,” Del Catancio added. “The fact is that in any race, you set out, you try your hardest, you meet the people and they make a decision. We’ll see how it goes, fingers crossed.” The registrar’s office expects to certify the Nov. 5 election results in December.
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Intech Investment Management LLC Purchases New Shares in Ellington Financial Inc. (NYSE:EFC)The health of caretaker Maharashtra CM Eknath Shinde has deteriorated as he is suffering from fever and a throat infection, amid suspense over who will become next Maharashtra's Chief Minister. Shinde, who was reportedly upset after the Mahayuti leaders' meeting in Delhi on Thursday, left for his native village in Satara district. Due to which, a key meeting of the Mahayuti allies — BJP, Shiv Sena and NCP — delaying the government formation a week after the Maharashtra assembly polls results. However, party leader Uday Samant dismissed claims that Shinde was upset. “He (Shinde) is not upset. Even in Delhi, he was down with fever and cold,” said Samant. RM Patre, the family doctor treating Shinde in his native village in Satara district, told ANI that the Shiv Sena Chief had been suffering from fever and a throat infection for the past two days. However, he added that he is recovering. "We have administered antibiotics. A team of three to four doctors is attending to him," Patre added. Dr Yuvraj Karpe, Civil Surgeon for Satara, said that Shinde is facing a respiratory tract infection and is having fever, an itchy throat along with weakness. "His pulse rate and blood pressure are normal. Blood samples were checked and don't show any symptoms of dengue or malaria. He was given an injectable dose on Saturday evening for bacterial infection (Monocef and Beplex saline 100ml)," reported TOI quoting Karpe. Two days ago, Shinde made it clear that he would accept the decision of the BJP top brass on the next chief minister. Maharashtra govt formation on Dec 5 Meanwhile, state BJP chief Chandrashekhar Bawankule has said that the swearing-in of the new Mahayuti government in Maharashtra will take place on December 5 evening. Prime Minister Narendra Modi will attend the ceremony which will take place at 5 pm at Azad Maidan in south Mumbai. BJP leader Devendra Fadnavis is the frontrunner for the post of chief minister. 'Significant decision by Sunday' Shiv Sena leader Sanjay Shirsat on Saturday stated that the caretaker Chief Minister of Maharashtra, Eknath Shinde, will make a significant decision by Sunday. "According to me, whenever Eknath Shinde thinks that he needs some time to think, he goes to his native village. By tomorrow evening, he will make a big decision. It can be anything, a political decision.... Everything will be cleared by Monday evening... The oath-taking ceremony should be held before the 5th of December as we have preparations in this manner..." Shirsat told ANI.The Forest City has been a forest of cones, and with these projects on tap for 2025, get ready for round two
Published 8:12 am Saturday, November 23, 2024 By Sabrina Simms Robertson NATCHEZ — Natchez Early College Academy senior Zelik Q. Patten has been selected to be a member of the esteemed National Society of High School Scholars. The Society recognizes top scholars who have demonstrated outstanding leadership, scholarship and community commitment. Patten plans to graduate from high school this summer with both his high school diploma and an Associate’s Degree from Copiah Lincoln Community College. He then plans to pursue a four-year degree in computer science. While not fully decided on a college, Patten said Louisiana State University is on top of his list. Formed in 2002 by James W. Lewis and Claes Nobel, member of the family that established the Nobel Prizes, the National Society of High School Scholars recognizes academic excellence at the high school level and helps to advance the goals and aspirations of high-achieving students through unique learning experiences, scholarships, internships, international study, and peer networks. Currently, there are more than 1,700,000 members in over 170 countries. “On behalf of NSHSS and our co-founder Claes Nobel, a member of the family that established the Nobel Prizes, I am honored to recognize the hard work, passion and commitment that Zelik has demonstrated to achieve this exceptional level of academic excellence,” said NSHSS Co-founder and President James W. Lewis. “Zelik is now a member of a unique community of scholars — a community that represents our very best hope for the future. “We are proud to provide lifetime membership to young scholars to support their growth and development. We help students like Zelik build on their academic success by connecting them with learning experiences and resources to help prepare them for college and meaningful careers.” NSHSS members automatically become lifetime members at the time of their initial membership. Each step along the way from high school to college to career, NSHSS connects outstanding young scholars with the resources they need to develop their strengths and pursue their passions. Patten sees himself starting a business one day advancing new technologies such as robot vacuums, he said. “I’ve always been good with technology and wanted to deal with stuff like that, but my cousins in that field influenced me. They encouraged me,” Patten said. Patten is also a member of the National Beta Club, which in February traveled to a convention in Biloxi. He and his Beta Club team placed in a robotics competition where he programmed and helped build a robot, he said. “All of us worked on building it and putting it together but while they were building the actual body I was working on the technical part of it.” Patten’s biggest role models are his parents Aaron and Linda Patten and his late grandmothers, Cynthia Barfield and Ida Bridgeman, he said. “My grandma used to call me a walking book,” he said. “It gave me motivation to keep doing well to make them proud.” Linda Patten said Zelik’s two older brothers also challenged him to do well in school. “When he was younger he would say he wanted to challenge his brothers,” she said. “They’d received full academic scholarships and one graduated early and he wanted to do better than them.” Patten said he scored a 31 super score on his last ACT with a 36 in reading, his best subject area, he said. “Reading has always been the easiest for me. I like to read a lot of mythology, like Percy Jackson and things like that,” Patten said. His other hobbies include basketball and playing video games, he said. For more information about the National Society of High School Scholars, visit www.nshss.org .
Iran determined to actively contribute to anti-corruption efforts: OfficialUnlike scores of people who scrambled for the blockbuster drugs Ozempic and Wegovy to lose weight in recent years, Danielle Griffin had no trouble getting them. The 38-year-old information technology worker from New Mexico had a prescription. Her pharmacy had the drugs in stock. And her health insurance covered all but $25 to $50 of the monthly cost. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Intech Investment Management LLC Grows Position in Owens & Minor, Inc. (NYSE:OMI)
Black Friday is fast approaching, and shoppers are gearing up. The National Retail Federation expects more than 183 million people to shop over the weekend spanning Thanksgiving to Cyber Monday this year. But fraudsters are preparing for Black Friday too, looking for opportunities to steal your money or personal information. Before you dive into holiday shopping, learn how to spot common scams and protect yourself. Fraudsters commonly send phishing emails and text messages impersonating delivery services or popular retailers like Amazon. These messages, which typically claim there’s an issue with processing or delivering the order, may request payment information or include malicious links. A message might say something like, “Part of your address is missing. Please click on this link to complete the address,” says Raj Dasgupta, senior director of global advisory at BioCatch, a fraud prevention firm. If you get a similar message when you’re not expecting a package, that should raise doubts, Dasgupta says. But even if you have ordered something, don’t overlook warning signs. It's unusual for delivery services to hold up packages or seek payment, because shipping costs are almost always charged to the shipper, not the receiver, says Cliff Steinhauer, director of information security and engagement at the nonprofit National Cybersecurity Alliance. Avoid clicking on links in texts or emails, and don’t share personal or payment details. To verify whether an order update is genuine, “go back to your original order on the site,” Steinhauer says. You can log in and check the order status and reach out to customer service directly if there's a problem, he says. When shopping online, carefully scrutinize sellers and products to avoid winding up with counterfeit items — or nothing at all. Sponsored ads on social media sites and search engines aren’t always vetted enough, Steinhauer says, which means you may come across scams. Fraudsters buy Google ads for popular search terms like “Black Friday deals” or desirable products, such as exercise equipment, Dasgupta says. When people click on these ads, they might land on a “sophisticated-looking fake website” that mimics a well-known site, such as Macy’s, or on a made-up company’s page, he says. Shoppers never receive the product they’re attempting to purchase, or they get an inferior product. Ignore “sponsored” links, and read URLs closely. There will usually be “something off,” Steinhauer says, such as a slight misspelling or dashes in the website name that aren’t normally there. “The best thing is to go to the legitimate website or app that you know is the right one, and just shop there,” he says. Watch for third-party seller scams on legitimate websites, too. Some companies, such as Walmart and Target, allow outside vendors to sell merchandise through their platforms — and the reliability can vary. Reading seller reviews before you buy can help you avoid bad actors. Be wary of sellers who ask for gift cards or peer-to-peer payments . If a service like Venmo or Cash App is the only payment method accepted, that’s an immediate red flag, Dasgupta says. And if a deal seems too good to be true, it probably is. A QR code, or quick response code, is a barcode that usually leads to a website when scanned with a smartphone camera. “Quishing” is when scammers create QR codes that link to fraudulent websites or install malware on devices. These codes may show up on parking meters, in mysterious packages delivered to your physical address or in your email inbox. For example, a scammer posing as your bank might email you a code and instruct you to update your login credentials. Email services often filter out known malicious links or domains and send them to your spam folder, Steinhauer says, but a QR code can get past these filters because it’s an image. Don't scan codes you receive unexpectedly, and closely inspect QR codes in public places for signs of tampering. Heed the advice above, and follow these additional steps to guard against fraudsters. More Black Friday content from NerdWallet Lauren Schwahn writes for NerdWallet. Email: lschwahn@nerdwallet.com . Twitter: @lauren_schwahn. The article Holiday Shoppers Beware: 3 Traps to Avoid as Scammers Prepare originally appeared on NerdWallet. Get local news delivered to your inbox!Hampton is considering allowing residents to have a second dwelling on their property as part of a broader effort to provide more housing options. However, before voting on the matter, the city will seek input from city residents. Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) Most Popular David Teel: Norfolk State is back in national headlines. It’s imperative Michael Vick gets support. David Teel: Norfolk State is back in national headlines. It’s imperative Michael Vick gets support. Historic Epworth United Methodist Church closing after 130 years in downtown Norfolk Historic Epworth United Methodist Church closing after 130 years in downtown Norfolk Williamsburg regional sports complex gets new name Williamsburg regional sports complex gets new name Man, 21, dies after shooting in Newport News off J. Clyde Morris Blvd. Man, 21, dies after shooting in Newport News off J. 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French President Emmanuel Macron accused Haiti's transitional council of being "total morons" for dismissing the country's prime minister, according to a video shot at the G20 summit in Brazil this week and shared on social media Thursday. In the footage, the French leader is speaking on the sidelines of the G20 in Rio with an individual accusing Macron and France of "being responsible for the situation in Haiti". Haiti's transitional council pushed out then-prime minister Garry Conille after just five months in office, a move Macron called "terrible" in the clip. "They're total morons," said Macron referring to the transitional body, adding, "they never should have dismissed him." Condemning the remarks, Haiti's Foreign Ministry said Thursday that French Ambassador Antoine Michon had been summoned following the "unacceptable comments." Haitian Minister of Foreign Affairs and Worship Jean-Victor Harvel Jean-Baptiste used the meeting to express "indignation" on behalf of the transitional council, which he said viewed the remarks as "an unfriendly and inappropriate gesture that must be rectified," according to a statement from the ministry. Haiti has suffered from decades of political instability. But in recent months, the Caribbean country has seen a surge in violence with gangs now controlling 80 percent of the capital, Port-au-Prince. The clip also shows the French president, who is on a multi-leg tour of Latin America with his most recent stop in Chile, blaming Haitians for "letting drug trafficking take over". "Quite frankly, it was the Haitians who killed Haiti," the French president said in the clip. Businessman Alix Didier Fils-Aime was sworn in as Haiti's new prime minister on November 12, promising to restore security in the crisis-wracked country. fff-lum/ekf/sjw/bfm/mdOKLAHOMA CITY--(BUSINESS WIRE)--Dec 12, 2024-- Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, today announced the appointment of Joe Binz to Paycom’s board of directors, effective Dec. 10, 2024. Binz currently serves as chief financial officer at Atlassian, where he is responsible for its global finance organization and oversees the company’s accounting, finance, internal audit, investor relations, tax, treasury and procurement teams. He has more than 30 years of financial leadership experience in the technology industry. Prior to joining Atlassian, Binz held management roles at Microsoft, where he led the company’s finance functions and guided its business transformation to the cloud. Binz also spent eight years at Intel Corporation, where he held a variety of finance roles supporting manufacturing operations, product groups and Intel Capital. “Joe is a seasoned professional who brings experience in the high-growth tech sector. His expertise will help us continue providing the best possible value for our clients and stockholders,” said Paycom founder, CEO and chairman Chad Richison. Binz holds a Bachelor of Science degree in finance from the University of Illinois Urbana-Champaign and a Master of Business Administration degree from the University of Michigan’s Ross School of Business. “I’m honored to be a part of the Paycom team, which is known for its innovative, cloud-based approach in helping customers manage and transform the complete employee life cycle,” said Binz. “I’m looking forward to contributing my experience in the technology industry to help drive the next phase of Paycom’s growth and success.” About Paycom For over 25 years, Paycom Software, Inc. (NYSE: PAYC) has simplified businesses and the lives of their employees through easy-to-use HR and payroll technology to empower transparency through direct access to their data. From onboarding and benefits enrollment to talent management and more, Paycom’s employee-first technology leverages full-solution automation to streamline processes, drive efficiencies and give employees power over their own HR information, all in a single app. Paycom’s single database combines all HR and payroll data in one place, providing a seamless and accurate experience without the errors and inefficiencies associated with integrating multiple systems. Recognized nationally for its technology and workplace culture, Paycom serves businesses of all sizes in the U.S. and internationally. View source version on businesswire.com : https://www.businesswire.com/news/home/20241212749816/en/ CONTACT: Investor Relations: James Samford investors@paycom.com Paycom Software, Inc. KEYWORD: OKLAHOMA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY PROFESSIONAL SERVICES HUMAN RESOURCES SOURCE: Paycom Software, Inc. Copyright Business Wire 2024. PUB: 12/12/2024 04:05 PM/DISC: 12/12/2024 04:04 PM http://www.businesswire.com/news/home/20241212749816/en
