• Sun, May 11, 2025

by: CRN

ScanSource Unveils Business Development Team To Recruit New Suppliers

ScanSource is passing any vendor price increases caused by the Trump administration tariffs to its partners, letting it maintain its margins.

by: Fox News

The EU wants to control American businesses. This new bill might be the only thing that can stop it

US companies might finally be winning the war against ESG regulations here only to lose the global fight. European Union rules could control how our firms operate. There's a way to stop that.
  • Mon, May 12, 2025

by: WIAT Birmingham

Businesses see rise in sales due to Mother's Day

Birmingham, Ala. (WIAT) — Families around the Birmingham area celebrated Mother's Day in all types of ways on Sunday. The day benefits more than just moms. We spoke with one business owner who says this year's sales were up almost 30% compared to last year on Mother's Day. It was a formal occasion for Jamica […]

by: London Evening Standard

Spouses and mothers 'safest pairs of hands to protect finances'

Only one in 11 people speak to those they trust to sense-check requests, according to Take Five to Stop Fraud.

by: Artemis

Best of Artemis, week ending May 11th 2025 - Artemis.bm

Here are the ten most popular news articles, week ending May 11th 2025, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer

by: Chicago Tribune

Commentary: Trump's tariffs decimate small businesses

President Donald Trump's goal of more manufacturing in the United States is laudable. However, the approach of using tariffs as a weapon is reckless and will lead to price hikes and supply chain disruptions and destroy the backbone of America — small businesses. As a small business owner, I know firsthand the pain of tariffs imposed on China and other countries. Tariffs represent a tax on ...

by: The Oklahoman

Oklahoma nearly finished with bill to create new courts for business lawsuits

If Gov. Kevin Stitt gets his wish, Oklahoma will have two new courts in Oklahoma and Tulsa counties to only handle complex business lawsuits.

by: moneycontrol.com

Infosys, Adani Enterprises, Shriram Finance, HCL Tech, and Trent Lead NIFTY 50 Gainers

With the strong presence of Infosys, Adani Enterprises, Shriram Finance, HCL Tech, and Trent in NIFTY 50, the stocks reflected strong gains during today's session.

by: The New York Times

How 40 Manhattan Businesses Are Adapting to Congestion Pricing

An informal survey along Bleecker Street surfaced complaints about higher delivery costs, but most businesses are making do, even if they do not like it.

by: Philadelphia Inquirer

Mazzoni Center settled litigation with New York firms over high-cost payroll financing last year

Terms of the settlements were not disclosed. Mazzoni owed about $1 million.

by: newsbytesapp.com

Effective strategies to manage and reduce debt for better finances

Managing debt responsibly is critical to staying afloat and not falling into a bottomless pit

by: news4sanantonio

The 10 largest home equity lenders

Our list of who does the most business in HELOCs and home equity loans.

by: NBC Connecticut

Local businesses stay busy with good weather on Mother's Day

With Mother's Day bringing excellent weather Sunday, it brought people out to celebrate their loved ones whether it was with a meal or with flowers. At Elizabeth Park in West Hartford, the sunny conditions meant prime weather for picnicking on Mother's Day. It was a welcome relief for many after several days of rain. "This week has kind of stunk,…

by: Quad-City Times

New Business Spotlight: Brows & Beauty (Threading and More)

Building everything from scratch — from designing the space to gaining trust from new clients — was challenging, but my passion and support from my family kept me going.

by: MLive

The new Hunt Club owners, glow-in-the-dark flowers and more Jackson County business news

Here are those stories and other recent headlines you may have missed.

by: reuters.com

Germany can boost spending despite EU fiscal rules, finance minister says

The new German government does not expect the European Union's debt rules to put the brakes on the country's planned spending spree, German Finance Minister Lars Klingbeil said on Monday.

by: Newsweek

Trump family's business ties to the Middle East explained

As President Trump is set to head to the Middle East tomorrow, here is a look at some of his family's ties to the region.

by: The Daily Star

IDLC Finance's Q1 profit rises 43%

The NBFI's consolidated profit hit Tk 50.71 crore in Jan-Mar period

by: Semafor

Kenya's government tries to control the narrative on finance bill to avoid fresh protests

Nairobi blames misinformation for driving last year's deadly demonstrations.

by: ESPN

France aims to copy Premier League finance model

French football intends to have its own version of the Premier League, with a club-owned entity replacing the Ligue de Football Professionnel (LFP) as part of plans announced by French Football Federation president Philippe Diallo on Monday.

by: Forbes

Why Psychological Safety Is A Savage Business Advantage

Psychological safety can be the ultimate factor in your company's success. Psychological safety means facilitating transparency, successful failure and risk-taking.

by: WCPO Cincinnati

Smart Tech for Small Business Success

In celebration of Small Business Week, tech expert Marc Saltzman showcases top tools to help entrepreneurs thrive - from AI-powered laptops to noise-canceling webcams and intuitive finance software.

by: The Motley Fool

2 Palantir Tales: The Business and the Stock | The Motley Fool

We've also got some tips for dodging AI-fueled scams.

by: USA Today

Trump's personal diplomacy and family business intersect in Gulf tour

Trump is again diverging from U.S. presidential habit by choosing the Middle East, not Canada or Mexico, for the first foreign trip of his second term.

by: Seeking Alpha

Runway Growth Finance reports Q1 results

Runway Growth Finance reports Q1 2025 results: $0.42 net investment income/share, $503.3M total net assets, and a $13.48 NAV/share.

by: TechRadar

How a designer turned an iPad and Apple Pencil into the heart of a creative business

Mandy Corcoran runs her business and creates all her designs on iPad

by: Reuters

US should take more generous view of Latin America, Brazil finance minister says

BRASILIA (Reuters) -The United States should look more generously at Latin America and South America, Brazil Finance Minister Fernando Haddad said on Monday, arguing that the world's largest economy has "much to gain" from greater industrial development across the continent. Speaking to local outlet UOL, Haddad said President Luiz Inacio Lula da Silva will not choose between the United States and China, as he believes Brazil must adopt a multilateral approach. Haddad noted that China has been Br

by: Forbes

Retention Is The Key To Growth For Services Businesses

Customer success is a business discipline.

by: Newsweek

America could see surge in business closures this year: poll

The report found half of surveyed small business owners expect their revenue to decline due to current or future tariffs.

by: Fox News

Trump says China agrees to 'fully' open country's markets to US businesses

President Donald Trump told reporters Monday at the White House that the arrangement arguably was the most significant development stemming from the trade negotiations.

by: Business Insider

Business Insider & Politico: The Deep Brief

Reporters from Business Insider and Politico break down the biggest power plays, policy shifts, and political drama.

by: CoinTelegraph

Stocktwits launches Cryptotwits, bridging traditional finance and crypto for 10M+ investors

Grayscale joins as Official Asset Management Partner alongside additional Founding Partners

by: Chicago Tribune

Business news: PNW names Humanities dean and faculty promotions

PNW announces faculty promotions Nine Purdue University Northwest faculty members recently received approval by the Purdue University Board of Trustees for academic promotions starting in the 2025-26 academic year, according to a release. Faculty members promoted to the rank of professor include: Christopher Belous, professor of Couple and Family Therapy; Patti Ludwig-Beymer, professor of ...

by: BBC

Guernsey Ports announces marine business rebrand

The new brand name is part of plans to boost the island's marine tourism.

by: Seeking Alpha

Logan Ridge Finance declares $0.36 dividend (NASDAQ:LRFC)

Logan Ridge Finance (LRFC) announces $0.36/share dividend. Payable May 29 with ex-div May 19.

by: Business Insider

The secret backdoor to a career on Wall Street: student finance clubs

College finance clubs have become a gateway to Wall Street careers, and the process for joining can be as cutthroat as the industry itself.

by: TechRadar

Outdated and unsecured IoT devices are a serious risk for UK businesses

Businesses are running old, outdated IoT

by: Fortune

Rex Woodbury's Daybreak Ventures unveils $33 million first fund

Daybreak Ventures has revealed its $33 million first fund, Fortune has exclusively learned.

by: Reuters

Pakistan finance minister: conflict with India won't have large fiscal impact

KARACHI/ISLAMABAD (Reuters) -The recent military escalation with arch-rival India won't have a large fiscal impact on Pakistan and can be managed within the current fiscal space, with no need for a new economic assessment, Pakistan's Finance Minister said in an interview with Reuters on Monday. Trade talks with the United States - which had played a key role mediating a ceasefire between the two countries - would likely have progress in "short order" and that Pakistan could import more high-quality cotton, more soy beans and was also exploring other asset classes, including hydrocarbons, Minister Muhammad Aurangzeb said in the online interview. On Monday, U.S. President Donald Trump said the U.S. is ready to help India and Pakistan after a ceasefire agreement, claiming trade was a big reason they "stopped fighting".

by: CNN

McDonald's says it plans to hire 375,000 people this summer | CNN Business

McDonald's is seeking to hire up to 375,000 people ahead of the busy summer season, marking one of its biggest employment initiatives in five years.

by: Fortune

Nissan plans to slash 10,000 more jobs as it struggles with China EV competition and Trump's trade war

The company -- one of the top 10 automakers by unit sales -- is heavily indebted and engaged in an expensive business restructuring plan.

by: CNN

So much for 'drill, baby, drill'? | CNN Business

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid-19 pandemic and just the second time in the past decade.

by: Reuters

In a vise of slowing demand and rising costs, small businesses are signaling trouble ahead

Evidence is building of an economic slowdown coinciding with President Donald Trump's effort to rewire the global economy with tariffs, as households and firms cut spending out of concern for what lies ahead.

by: Fortune

Musk taps private equity veterans to aid DOGE at Social Security

Among those tapped for the task are Antonio Gracias of Valor Equity Partners, Scott Coulter, formerly of Lone Pine Capital, and Michael Russo, formerly of Shift4.

by: CNN

Trump's tariffs could boost some 'Made in America' small businesses. But for many, they only hurt | CNN Business

It takes about 20 steps for tufts of raw wool to become a signature Faribault Mill blanket, and it all happens under one roof in this southern Minnesota city.

by: CNN

Trump's Gulf trip, Disney's Abu Dhabi magic, Maldives' $9B financial bet: This week's business headlines from the Middle East | CNN Business

Disney has announced plans for its first Middle Eastern theme park, the Maldives has unveiled a $9 billion plan to become a global finance hub, and top US execs will head to Saudi Arabia next week, when Donald Trump visits the country.

by: Fortune

Puerto Rico is trying to lure manufacturing to the island to avoid Trump's tariff war

Government officials are jumping on planes to try and convince international companies to relocate their manufacturing plants to the island.

by: Fortune

Trump drops executive order stripping a law firm of its government contracts after he says it pledged $40 million in pro bono legal services to his administration's causes

Paul Weiss lost a client days after the executive order, then Trump said it made a deal with the president.

ScanSource Unveils Business Development Team To Recruit New Suppliers

ScanSource is passing any vendor price increases caused by the Trump administration tariffs to its partners, letting it maintain its margins.
ScanSource Inc. reported a decline in third-quarter fiscal 2025 net sales to $753.1 million, a 10.5% decrease from the previous year's $841.1 million, primarily due to a strategic decision to net down revenue rather than the impact of tariffs. Despite the revenue drop, the company's gross profit margin improved to 12.2% from 11.7%, and net income rose to $17.4 million, or 70 cents per share, compared to $16.5 million, or 66 cents per share, in the prior year. CEO Mike Baur highlighted that the company's focus on higher-margin products and services, along with cost management, contributed to the improved profitability. ScanSource also noted that while tariffs did not significantly affect their financials, they continue to monitor the situation closely.

Read the Full CRN Article at:
https://www.crn.com/news/channel-news/2025/scansource3q25-impacted-from-netting-down-revenue-but-not-from-tariffs

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