Congress adopted the $600 billion-plus Paycheck Protection Program (PPP) to help American small- to medium-sized businesses (SMBs) stay afloat by using forgiveness loans to keep their workers employed and cover certain overhead expenses while the economy was shut down. But while generally regarded as a sincere effort to bail out...
The Week In Payments: How Businesses Can Navigate The Road To Recovery
Most every state in the U.S. this week is starting to walk the road to recovery. Mandatory stay-at-home orders are easing and businesses are beginning to reopen, albeit in very different ways than at the start of the year. As Deluxe CEO and President Barry C. McCarthy told Karen Webster for the latest...
How Disney Is Remaking The Magic Kingdom For Social Distancing
After officially shutting its doors in mid-March and furloughing staff, Disney World is planning its comeback. The park has officially scheduled a grand reopening for July. Disney officials plan a phased reopening that will see the Magic Kingdom and Animal Kingdom parks fire back up on July 11, followed by Epcot Center...
Charting The Travel Industry’s Next Adventure
The first half of 2020 has been particularly grueling for the travel industry. Jeff Cavins, CEO of recreational-vehicle rental site Outdoorsy, likens it to the entire planet “getting hit by a meteor� in terms of what it did to consumer interest in travel. Cavins and other industry all-stars recently joined...
Saving Main Street: How A Business School Is Helping Toronto SMB Retailers
If there’s a playbook for Main Street’s migration to digital, Toronto’s Schulich School of Business is authoring a very effective chapter. It starts with a public-private partnership, has a great pizza story in the middle and ends with a feisty attitude in the face of a devastating pandemic. In an...