Column: Will’s Business Corner Written By: Will Pembroke, Multimedia Show Manager Within the past year, much debate has surrounded the role of state and federal governments in supplying economic aid to those in need who are suffering as a result of the COVID-19 pandemic. As of today, there have been two economic stimulus packages passed, providing $1,200 and $600 individual stimulus checks, respectively. Each of the two packages passed so far have also approved billions of dollars in funding to small businesses, primarily by way of Payment Protection Program (PPP) loans. These PPP loans are designed to help businesses keep … Continue reading Stimulus check update: What are we really getting?
Column: Will’s Business Corner By: Will Pembroke, Multimedia Show Manager Small businesses are likely not the first thing that comes to mind when you hear the name Amazon, but think again. As of late, major players on Wall Street, Advent International and JPMorgan Chase & Co. have begun dabbling in the market of small business by pumping billions of dollars into startups, mom and pop shops and other currently unprofitable businesses. With their access to capital and business expertise, investors believe they can find popular products on Amazon and turn them into global brands. This new wave of high-risk gambling … Continue reading Wall Street investors seek out small business for profit
Column: Will’s Business Corner BY: Will Pembroke, Multimedia SHow Manager While much of America’s focus the past week has centered on recently sworn-in President Joe Biden’s agenda for his first 100 days in office, a group of high-stakes Redditor’s had another idea. GameStop, if you did not know, was on track to go out of business this year. The electronic and video game retailer has struggled in the past few years, closing many locations around the country. Like most retailers, COVID-19 took away valuable foot traffic which plummeted their video game sales. As a company, GameStop relies heavily on the … Continue reading Redditor’s raise GameStop stock prices