By Timothy Aeppel

(Reuters) – Florida is one of the five best states in the nation in which to do business, according to a new survey. It’s also one of the five worst, according to the same survey, thanks to COVID-19.

Every three years, Development Counsellors International, an economic development marketing firm, surveys executives to rank business climates in the various U.S. states. For the first time since they began doing the survey in 1996, a single state landed in the top five in both categories: Florida. The DCI report was released on Tuesday.

“The rationale for Florida being on both the best and worst lists was entirely due to the COVID-19 pandemic,” said Julie Curtin, president of DCI’s economic development practice. “In our follow-up questions to corporate executives about the states they selected, the majority of the corporate executives who selected Florida said that the state’s handling of the

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With international borders being closed for flyers for over seven months since the Covid-19 pandemic first spread across the world, global airlines and aircraft manufacturers are coming up with innovative ideas to keep themselves afloat financially and also stay alive in the minds of the flying public.

Qantas did a seven-hour flight from and to Sydney airport, with passengers being promised views of the Great Barrier Reef and the Australian Outback as the aircraft flew at a low altitude.

On a different trajectory, Thai Airways has opened a restaurant at its headquarters in Bangkok offering meals that it served on flights. The restaurant, which serves about 2,000 meals per day, is a way of recouping some lost revenue during the pandemic. Thai officials added that the airline was planning to turn other Thai Airways offices into similar dining experiences.

In addition, the media in Thailand reported that the airline has

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Morgan Stanley’s


MS 0.60%

deal to acquire

Eaton Vance


EV 48.14%

isn’t a steal. It still might prove to be a very good business decision.

The timing of the transaction is interesting: Morgan Stanley said it has been looking at this deal for several years, and Eaton Vance wasn’t trading at a huge discount to where it has been over that period of time—only 5% below its five-year average share price as of Wednesday.

But among things that have changed recently are some in Washington. For a long time running, an investor concern around Morgan Stanley was that the Federal Reserve’s shift to a new way of determining capital requirements would increase the bank’s required minimum. Instead, Morgan Stanley did relatively well in this year’s stress test, and its new requirements actually came in lower than many analysts had anticipated based on prior exams.

Meanwhile, Morgan Stanley and peers

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An August survey of 500 small-business owners found they’re instead focusing on digital sales.

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Despite the challenges of the past seven months, stories of resilience abound as business owners adapt to changing customer demands. Though surveys at the beginning of the pandemic indicated small-business owners thought things might be beyond hope, that’s slowly started to change. 

A survey by website and marketing solutions provider Bluehost released last week asked 500 business owners with fewer than 100 employees how they’ve transitioned online, adapted to ecommerce and adjusted their outlooks on future pain points, obstacles and potential opportunities. Not surprisingly, business owners cited their biggest concerns revolve around securing new customers, the continued economic impact of the pandemic and lower consumer demand. 

Related: Nearly Half of Business Owners Think the Changes They’ve

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J.D. Power 2020 U.S. Business Wireless Satisfaction Study (Graphic: Business Wire)

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J.D. Power 2020 U.S. Business Wireless Satisfaction Study (Graphic: Business Wire)

TROY, Mich.–(BUSINESS WIRE)–Oct 8, 2020–

In March of 2020, as virtually every aspect of routine business was disrupted by the COVID-19 pandemic, one critical piece of technology kept the world connected without interruption or slowdown: the mobile phone. Accordingly, business wireless customers have responded with the highest-ever customer satisfaction scores for wireless carriers in the J.D. Power 2020 U.S. Business Wireless Satisfaction Study, SM released today. However, as deferred billing that amassed under the Keep America Connected pledge comes due, some of these high scores may be compromised.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201008005020/en/

J.D. Power 2020 U.S. Business Wireless Satisfaction Study (Graphic: Business Wire)

“Wireless has been a lifeline for business customers during the pandemic, and

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'Bad bank' idea finds more takers amid pandemic blues


© Ophelio Roel Almeida
‘Bad bank’ idea finds more takers amid pandemic blues

The idea of creating a ‘bad bank’, a single entity which will house all bad loans in the banking system, is back on the discussion table. Two former central bankers, Raghuram Rajan and Viral Acharya and former State Bank of India (SBI) Chairman, Rajnish Kumar, have strongly supported the idea.

Days after a jointly-authored paper by Rajan and Acharya pitched the bad bank idea, outgoing SBI Chairman too said this is the best time to create a bad bank.

“In my view, this is the best time to create a bad bank,” said Kumar in an exclusive interview to Moneycontrol on Wednesday.

A ‘bad bank’ is a bank set up to buy the bad loans and other illiquid holdings of another financial institution. Once toxic assets are transferred to this entity, attempts for an early resolution by

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TORONTO, Oct. 7, 2020 /CNW/ – Canadian small business owners impacted by the COVID-19 pandemic remain cautiously optimistic about their future, according to Scotiabank’s recent New Path to Impact Report.  Two-thirds of businesses report being in a worse situation now, compared to before the COVID-19 pandemic. Despite the strong headwinds businesses are facing during the pandemic, the report revealed 40% of small business owners are ‘very’ or ‘extremely’ optimistic about the future of their business.

While the future effects of COVID-19 are uncertain, the report uncovered that most businesses are feeling more prepared, with 69% stating their business is better equipped to survive a second wave of the pandemic.

“The resiliency of Canadian business owners throughout the pandemic has been commendable. Whether they’ve pivoted to rely more on digital channels, taken advantage of relief programs or adjusted their business model to serve today’s market, they’ve had to get creative

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Principal® releases quarterly Principal Financial Well-Being IndexSM

Today, Principal Financial Group® announced the findings of its quarterly Principal Financial Well-Being IndexSM (WBI). In its seventh edition, the results showcase how businesses have responded to the disruptive effects of COVID-19 since the last quarterly pulse was released in June.

Businesses are slowly recovering, and optimism is generally on the rise

The financial situation of U.S. businesses is slowly starting to show signs of recovery. Compared to June, more businesses are growing1. Among those businesses with fewer than 500 employees, 42% said they are expanding their operations, compared to 34% in June.

Confidence is on the rise2. Forty-four percent of businesses with fewer than 500 employees are optimistic regarding the overall economic outlook for the next 12 months. And 83% of businesses would not consider filing for bankruptcy due to the impacts of COVID-19.

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OWENSBORO, Ky. (AP) — When COVID-19 hit in mid-March and forced people to pause their lives, Nathan Rhodes and Jeremy Murphy thought their Whitesville-based company Sling ‘N’ Steel Custom Smokers … well … might just go up in smoke.

Making it more concerning, Rhodes and Murphy, both 39 years old, had left their full-time jobs at Owensboro-based Unique Granite & Marble in January to concentrate on their online retail custom smoker business, which they had started together seven years earlier as a side venture.

“We got pretty nervous because we had invested a lot of money into stock items prior to the COVID,” Rhodes said. “For about two weeks there, we were dead in the water; no phone calls; no orders; no nothing.”

But that lull in business turned out to be temporary.


“…And all of a sudden, it just exploded,” Rhodes said. “We did a half-million dollars in sales

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Female doctors get paid less than male doctors, but a new study disputes the common wisdom that it’s because they work less.



a person looking at the camera


© Shutterstock


In fact, female doctors spend more time with patients, order more tests and spend more time discussing preventive care than their male counterparts, a team of researchers reported in the New England Journal of Medicine.

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“That raises the question of whether we are paying for what we really care about in health care,” said Dr. Ishani Ganguli, an internal medicine specialist at Harvard Medical School and Brigham and Women’s Hospital, who led the study team.

Ganguli and colleagues looked at billing and time data covering more than 24 million visits to primary care doctors in the US in 2017.

“We calculated that women were paid 87 cents to the dollar for every hour worked compared to their male colleagues,” Ganguli told CNN.

Female doctors

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