BU
Business News Info
BU

Crypto’s Peer-to-Peer Exchanges Lose Ground in a Shrunken Market

(Bloomberg) — Crypto exchanges that connect buyers and sellers directly without Wall Street-style middlemen are under pressure to improve their services amid a decline in market share.

Most Read from Bloomberg

These so-called decentralized platforms facilitate trading via algorithmic, blockchain-based software known as smart contracts, with users retaining custody of tokens rather than handing them to an intermediary institution.

Crypto diehards predicted a golden period for peer-to-peer trading venues such as Uniswap and dYdX after last November’s collapse of the FTX exchange, which undermined trust in centralized platforms that take control of tokens.

But that hasn’t panned out: monthly spot

…
Read More

Cannings calls for extension on small business loans | News

Local groups are lining up behind MP Richard Cannings as he pushed the federal government to extend the deadline for repayment of business loans issued during the pandemic.

Cannings, who represents South Okanagan-West Kootenay, asked for relief in a letter to the finance minister sent Monday from his post as the NDP’s critic for small business and tourism.

Loans granted under the Canadian Emergency Business Account must be repaid by the end of the year in order to qualify for forgiveness of up to 33% and avoid a 5% interest penalty.

“Small business owners across Canada have done everything right,

…
Read More

UMToday | Asper School of Business

July 12, 2023 —

Kiran Pedada, Assistant Professor of Marketing and F. Ross Johnson Fellow at Asper, has been invited to join the illustrious editorial review board (ERB) at the Journal of the Academy of Marketing Science (JAMS).

A Financial Times 50 journal, JAMS is a top publication for scholars seeking to publish their high-quality, theoretically strong, and managerially relevant research in marketing.

“The JAMS the invitation is an immense honor, and I am excited to accept!” said Pedada. “ERB members are chosen based on their past review records for the journal and their recent publications. My appointment underscores

…
Read More

How to cut back on your firm’s paper waste

Dall%c2%b7e 2023 07 18 09.47.54

Homepage image: Generated by DALL-E

Sustainability | Jul 19, 2023

By Laura Fenton

It’s easy to be worried about the looming impact of climate change—but harder, often, to know what to do about it. In a new column, home design and sustainable living writer Laura Fenton taps industry experts for concrete ways to make your business design more sustainable, whether through product specifications or office workflow changes.

Among the pandemic’s silver linings for the design industry was a universal push forward with digital workflows. Yet even after three years of working at least partially remotely, interior design firms are still

…
Read More

How to Write a Business Plan for a Loan

A business plan is a document that explains what a company’s objectives are, and how it will achieve them. It contains a road map for the company from a marketing, financial, and operational standpoint. Some business plans are more detailed than others, but they are used by all types of businesses, from large, established companies to small startups.

If you are applying for a business loan, your lender may want to see your business plan. Your plan can prove that you understand your market and your business model, and that you are realistic about your goals. Even if you don’t

…
Read More

Hunter Biden’s former business partner was willing to go before a grand jury. He never got the chance.

A former business partner of Hunter and James Bidenwho worked directly with them on a 2017 China energy deal, was never asked to testify to a Delaware grand jury investigating Hunter Biden, two sources familiar with the discussions tell CBS News.

Tony Bobulinski, the former business partner, was open to testifying, and his attorney reached out to the office of Delaware US Attorney David Weiss. Weiss did not return their calls, the sources said. Weiss’ decision not to bring Bobulinski is the latest indication that prosecutors investigating Hunter Biden may have avoided investigating allegations about his father, President Joe

…
Read More

Local news is good for business | Commentary

It’s no secret that recently years have been tough on small businesses and on newspapers. A bipartisan bill, the Community News & Small Business Support Act, that has been introduced in Congress would offer relief to both newspapers and local businesses.

For too many newspapers help can’t come soon enough.

Economic challenges have resulted in too many communities seeing their local newspapers being forced to lay off staff, cut back on publication days or — worse yet — close. On average, two newspapers are closing each week. That hurts local businesses and residents in the long (and short) run. However,

…
Read More

Does the future of finance belong to blockchain or AI?

The finance industry has changed rapidly in recent years with the rise of fintech, around-the-clock banking, and contactless payments. But in the coming five years it is poised to change even faster with the rise of two powerful technologies, blockchain and artificial intelligence, which are already upending the sector.

Right now, AI is gaining the lion’s share of the hype and attention, and with good reason. Predictive learning models promise to remake not just financial infrastructure but large parts of our society and culture too. In a survey of how AI is changing finance, my Fortune colleague Ben Weiss cites

…
Read More