BUSINESS

Jan 01 2025BUSINESS

Restaurant Chains Had a Rough 2024: Closures and Changes

2024 wasn't a great year for many restaurant chains. With consumers cutting back on dining out due to inflation, sales took a hit. This led to some big names shutting down underperforming locations. Wendy's, for instance, closed 140 restaurants by the end of the year. Their CEO, Kirk Tanner, said th

reading time less than a minute
Jan 01 2025BUSINESS

Non-Tech Stocks That Soared in 2024

2024 was a big year for the stock market, with tech giants like Nvidia leading the way. But tech wasn't the only sector making waves. Companies outside of tech had some impressive performances too. Let's take a look at some of the standout non-tech stocks of the year. Vistra, a Texas-based power co

reading time less than a minute
Jan 01 2025BUSINESS

2025: Businesses Hopeful but Wary of Policy Shifts

As the year 2025 approaches, business owners, economists, and researchers are preparing for potential changes in economic policies under a new administration in Washington. The economy has been a hot topic during the recent election campaign, with the Biden Administration's handling of the COVID-19

reading time less than a minute
Jan 01 2025BUSINESS

Small Businesses Fear Loss of TikTok's Power

Imagine running a small business and suddenly losing a powerful tool like TikTok. That’s what millions of small business owners might face if a TikTok ban happens. Desiree Hill from Crown’s Corner Mechanic in Georgia knows this worry all too well. She started as a mobile mechanic and grew her busine

reading time less than a minute
Jan 01 2025BUSINESS

News with Nils: 44 Years of Local Business Reporting

Did you know that Nils Rosdahl has been covering local business news in the Coeur d’Alene area for over four decades? That's right, 44 years! His column, "Business Bits, ” which appears every Sunday, has been a trusted source for business updates and growth stories. People like Kandi Johnson, who wo

reading time less than a minute
Jan 01 2025BUSINESS

Plainfield's Business Shakeup: Big Changes in 2024

In 2024, the small town of Plainfield saw some significant shakeups, mainly in the business scene. The year kicked off with a wave of restaurant closures, leaving locals wondering what was next. But fear not, because the town also welcomed new businesses to fill the void. One of the biggest headlin

reading time less than a minute
Jan 01 2025BUSINESS

Tech Giants and Trump: A Visa Program in the Balance

California's tech titans, including those from Google and Meta, are eager to win over President-elect Trump. Why? The H-1B visa program, which allows skilled foreign workers to migrate to the U. S. , is at stake. This visa is crucial for tech companies, who use it to fill gaps in the workforce. Howe

reading time less than a minute
Jan 01 2025BUSINESS

Ladies' Night Lawsuits: A Tough Lesson for Small Businesses

You might think that offering discounts to women on Ladies' Night would boost business, but it can actually put small restaurants out of business. That's what happened to Lima Restaurant in California. The owner, John Marquez, had to close after settling a discrimination lawsuit over a Ladies' Night

reading time less than a minute
Jan 01 2025BUSINESS

UnitedHealth Group's Business Booms Despite Murder Shock

UnitedHealth Group is set to break financial records this year, with revenue already reaching over $299 billion by September. The company's CEO, Andrew Witty, has shared this good news with executives, aiming to boost morale after the tragic murder of Brian Thompson, the CEO of their insurance divis

reading time less than a minute
Dec 31 2024BUSINESS

Stock Market Shake-Up: Nvidia and S&P 500 Hit Key Points

The stock market took a hit on Monday, with the Dow Jones Industrial Average dropping by 1%, the S&P 500 falling by 1. 1%, and the Nasdaq selling off by 1. 2%. Nvidia's stock managed to bounce back slightly, ending just below its 50-day moving average. This average is a critical level to watch for i

reading time less than a minute