Category: Business News

Sign up for local business news with our new Fond du Lac Streetwise newsletter

With a growing community of small businesses and regional or national chains eyeing the city for new locations, Fond du Lac is seeing a lot of activity.

The new Streetwise newsletter can help you keep track of these business happenings.

I’ve taken on several roles in and around the Fond du Lac Reporter over the last few years, but now I’m focused on giving readers the latest on our local businesses, from what’s opening and closing to who’s making waves in the business community .

I grew up in Fond du Lac, so I know from a street-walking perspective of

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Important team and business changes

Team –

We are changing the shape of Shopify significantly today to pay unshared attention to our mission. There are a number of consequences to this, and I don’t want to bury the lede: after today Shopify will be smaller by about 20% and Flexport will buy Shopify Logistics; this means some of you will leave Shopify today. I recognized the crushing impact this decision had on some of you, and did not make this decision lightly.

In the next 5 minutes you’ll get a follow up that tells you if you are affected. There’s no way to make this

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Peloton is recalling almost 2.2 million exercise bikes because the seat post can break

Peloton is recalling 2.16 million exercise bikes in the US and Canada because of a risk that the seat post could break during use, causing injuries.

The US Consumer Product Safety Commission said on Thursday it had received 35 reports of the seat post breaking and detaching from the bike during use. There were 13 reports of injuries due to falling from the bike, including a wrist fracture, lacerations and bruises.

This recall involves Peloton bikes with model number PL01, sold from January 2018 to May 2023.

The product is being recalled in both Canada and the United States. The

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How Do I Get Out of My Non-Compete?

In healthcare, there has been a large expansion in non-compete clauses. Many of our clients would like to find a way out of their non-compete clause when looking to leave their current employment.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog ).

The first way to avoid breaching a non-compete clause is to have your attorney negotiate a contract without a non-compete clause before beginning your employment.

Sometimes, non-compete clauses are unavoidable. So what can you do in that

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Raleigh developer sells Summerville residential community > Charleston Business Journal

A Summerville luxury residential community has been sold to a Boston-based real estate investment firm.

Raleigh, NC-based Terwilliger Pappas, a multifamily developer, has sold Solis Nexton, a 320-unit luxury residential community in Summerville, to West Shore.

Financial details of the transaction were not disclosed.

West Shore, a multifamily real estate investment firm, now owns and operates 45 properties with over 14,000 units in seven states, according to a news release. The sale marks the 29th community completed and sold by Terwilliger Pappas since the company’s founding in 2013.

Related content: Hotel coming to master-planned community in Summerville

Solis Nexton is

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Does Canada really need a digital loonie?

The Bank of Canada is wading into the fraught and controversial world of digital currencies, launching public consultations this week into how Canadians might use a digital dollar.

“We’ve been researching a digital dollar for quite a while now,” said Carolyn Rogers, the senior deputy governor of the central bank. “And we’re at a point where we need help from Canadians, we need to understand what Canadians want.”

And yet the bank maintains there is neither a need nor a plan to launch a digital loonie.

So, why bother with the public consultations at all?

Rogers says more transactions are

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Biden admin warns of ‘catastrophic’ default as debt talks continue

US President Joe Biden spoke to the press in on May 9, 2023, after a high-stakes meeting with key Republican and Democratic lawmakers yielded no breakthrough on the impasse over the US debt limit

US President Joe Biden spoke to the press in on May 9, 2023, after a high-stakes meeting with key Republican and Democratic lawmakers yielded no breakthrough on the impasse over the US debt limit

President Joe Biden’s administration again warned Sunday of “catastrophic” consequences for the US economy if the country defaults, as negotiations with Republicans over a debt deal are expected to resume in the week ahead.

Alarm bells are ringing over the possibility of a first-ever US default, with uncertainty over the actual date the government would stop being able to pay its bills.

Congressional Republicans are demanding

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Canada must lead the way on expelling Russia from the UN

Canada has not been punched above its weight on the world stage since the Liberals came to power in 2015, but could vindicate itself by leading a movement to immediately expel Russia from the United Nations and its Security Council.

It’s unacceptable that Russia remains on the United Nations Security Council and keeps a veto that has basically deadlocked the body over the years and prevented it from taking action against the invasion of Ukraine.

Russia and four other countries — China, the United States, France and Britain — have permanent seats on the

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