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WFAN parent Audacy files for bankruptcy as advertising plummets
WFAN parent Audacy has filed for bankruptcy protection amid a slump in advertising revenue. The Philadelphia-based company, which oversees major podcast and radio operations and has acquired CBS Radio, said it has filed a Chapter 11 petition in the US Bankruptcy Court for the Southern District of Texas after a restructuring agreement with a majority of its debtholders….
Why “Staying Flexible” Has Quietly Become a Business Strategy
For a long time, flexibility in business was treated as a soft skill. Something useful at the margins, but not a strategy in itself. Serious planning meant forecasts, fixed roadmaps, and clearly defined milestones. Flexibility was what you relied on when the plan failed. That framing has flipped. In today’s environment, staying flexible is no…
House Republicans push IRS for answers on processing pause for small business tax credit
Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023. Jonathan Ernst | Reuters House Republicans are pressing the IRS for answers after the agency paused processing new claims for a pandemic-era small business tax break. Lawmakers voiced “continued concerns” about the…
US regulator probes banks’ climate risk planning | Reuters News Agency
Business & FinanceEconomy 14 December 2023, 4:50 am 1 minute Reuters was first to report that the U.S. Treasury Department’s Office of the Comptroller of the Currency (OCC) carried out its first climate risk assessment of more than two dozen banks in recent months, laying the groundwork for heightened scrutiny of Wall Street’s accounting for…
Top Strategies for Small Businesses to Thrive in 2024
As we move into 2024, small businesses face an ever-evolving landscape filled with both challenges and opportunities. To thrive in this dynamic environment, small business owners must adopt innovative strategies and remain adaptable. This blog post explores top strategies that can help small businesses navigate the complexities of the modern marketplace and achieve sustained growth….
