Pandemic

Business Pandemic Restoration Initiative

Working capital is technically the difference between a company’s current property and current liabilities. In the context of business finance, the term refers to the amount of cash wanted to help the normal working capital stage of an operating business. This pandemic will scar the psyche of many for many years to come and with the inevitable passing of stories down to the succeeding generations. Therefore, the federal government will be expected to react with alacrity, not panic, and competence. This may result in more precautionary business closures, some warranted and some like the putative hurricane that thankfully by no means develops or veers off track. Very few will blame a authorities for shutting down the office too quickly rather than maintaining it open too long.

What is the main purpose of business finance?

What is the purpose of finance in a business? The purpose of finance is to help

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Pet and shopping scams surge during pandemic

Online shopping scams surged during the pandemic with police data suggesting people in their 20s were most likely to fall victim.

Fraudsters posted bogus adverts for pets, cars and caravans to dupe people into handing over money.

Romance scams have also risen during the Covid crisis, affecting men and women of all ages.

BBC local radio stations are highlighting the risks and giving tips to avoid becoming the next victim.

Shopping danger

In total, 389,328 fraud cases were reported by victims in England, Wales and Northern Ireland in the 12 months to April, according to figures from reporting service Action Fraud, with total losses from all scams reaching £1.7bn.

Fraud from online shopping was the most common type. The number of cases rose by 44% to 95,531 over the year – a time when many people turned to internet shopping with stores closed during lockdown.

Scammers used social media and

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Cardboard box prices skyrocket as COVID-19 pandemic causes spike in online orders

The value of the humble cardboard box is on the rise, with demand for deliveries and online shopping not slowing down as the coronavirus pandemic nears an end.

Materials needed to make cardboard boxes, called corrugate, cannot be produced quickly enough, and facilities like Welch Packaging in Elkart, Indiana are feeling the impact of triple the work and not enough supplies.

“We’re operating three shifts, full time,” Welch Packing Vice President Andy Reith told FOX Business’ Jeff Flock. “And we run about eight million square feet every day.”

In 2020 alone, the industry produced more than 407 billion square feet of corrugated material due to heightened demand – enough to completely cover the states of Connecticut and New Jersey.

AMAZON SCORES RECORD SALES FOR ANY THREE-MONTH PERIOD EVER

(AP Photo/Patrick Semansky, File)

Reith explained that the bottleneck holding back

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Dog Fashion for Your Pandemic Puppy Goes Luxury

ON A RECENT sunny day, a French bulldog named Hector took a walk with his owner to a café near their home in Los Angeles. As usual, Hector wore his $380 French leather “Dorró” collar and $520 “Tascher” leash, both in beige. That day he left his $680 “Colombo” harness at home, although it’s one of his favorites. All are made by Pagerie, the high-end dog accessories company launched by his owner, Mandy Madden Kelley, a lawyer turned fashion influencer turned entrepreneur. According to Ms. Madden Kelley, a neighbor walking a cat (this was Los Angeles, after all) stopped and asked where Hector’s accessories came from. “It literally looks like it’s Hermès or something,” the admirer said.

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For Ms. Madden Kelley—a New Zealander who blogs about motherhood, beauty and, yes, dogs—it was a gratifying moment. “I

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