Investing and Global Finance News

Author Archives: Tom Sanderson

Brooks Brothers Changes Course Due to Corona

Brooks Brothers Changes Course Due to Corona

In March, the Brooks Brothers clothing manufacturer was praised for its quick response to the novel coronavirus pandemic. The designer brand transitioned its three US factories to produce personal protective equipment for medical teams and frontline workers. But these same factories are now at risk of becoming casualties of the virus they were working to protect… Continue Reading

A New York Company Surviving Its 2nd Pandemic

A New York Company Surviving Its 2nd Pandemic

Eastman Machine Company in Buffalo makes fabric-cutting machines. It is a fourth generation family owned business that has weathered its fair share of crises. Over the course of the company’s 132-years history has unfolded: World War I, the Spanish flu pandemic of 1918, the Great Depression and World War II. The company’s equipment is used… Continue Reading

Entrepreneur in the Food Field donates to New York hospitals

Entrepreneur in the Food Field donates to New York hospitals

The coronavirus has been ravaging New York City since March, and local food entrepreneurs stepped in to support healthcare workers on the frontlines. Some have offered free meals, others are packaging to-go bags with ice packs for pick up, and some businesses are modifying their business model to accommodate demands. Cole Riley, for example, founded… Continue Reading

Creativity is the Right Businesses Model for Corona

Creativity is the Right Businesses Model for Corona

With the coronavirus lockdown now entering its 10th week, New York City business owners have gotten creative in their attempts to keep customers engaged and buying. Restaurants remain closed for dining in, but almost all eateries have adopted delivery systems to bring food to diners at home. Amy Schiappa, the owner of two hair salons… Continue Reading

Budgeting in a Crisis: Dos and Don’ts

Budgeting in a Crisis: Dos and Don’ts

It may seem strange to suggest a budget overhaul at a time of so much uncertainty. But that is exactly when these kinds of changes can be most beneficial and impactful. In general, many regular expenses have ceased to be a concern during the corona pandemic. There are virtually no restaurant meals, mani-pedis, or gym… Continue Reading

Earth Day 2020 goes Digital

Earth Day 2020 goes Digital

Every year, on April 21 the world gathers to celebrate Earth Day. It is the day we are encouraged to think about the environment, consider the footprint we are leaving on this planet, and measures we can take to ensure global health. Earth Day 2020 was different, considering the novel coronavirus. Isolation regulations made it… Continue Reading

Tips from Those Already Working Remotely

The coronavirus has forced many companies, universities, and businesses to transition to working from home. Nearly one quarter of the American workforce already works from home, some partially and others on a full-time basis, and can offer substantial guidance for those workers and managers working apart for the first time. Here are some tips from… Continue Reading

Business Leaders Contribute to the Corona Cause

Business Leaders Contribute to the Corona Cause

The world’s richest and most successful business leaders are donating billions of dollars to fight the novel coronavirus. As hospitals throughout New York and across the country scramble to find enough respirators, masks, and protective equipment for their staff, ultra-high net worth individuals are stepping up to the task. Joe Tsai and his wife Clara… Continue Reading