BUSINESS

NEWS

Federal Investment in Small Businesses Could Revive Economy After the Pandemic
By
Finance Reporter
Recent efforts to support businesses reeling from revenues lost during the pandemic, such as grants and loan programs, have been
Equifax Introduces Commercial Real Estate Tenant Risk Assessment Product Suite
By
Business Editor
Equifax today announced a new Commercial Real Estate (CRE) Tenant Risk Assessment product suite designed to help asset managers and
Single Women See Twice as Much Growth in Home Purchases as Single Men
By
Associate Writer
Despite the fact that the coronavirus-driven recession disproportionately impacted women in 2020, single women purchased 8.7% more homes in the

CLIMATE

CHANGE

Want to Cut Emissions That Cause Climate Change? Tax Carbon
By
Executive Editor
Putting a price on producing carbon is the cheapest, most efficient policy change legislators can make to reduce emissions that
Climate Shocks and Pandemic Driving Dramatic Increase in Hunger in Latin America
By
Deputy Editor
More than 85 percent of families living in rural areas across Nicaragua, Guatemala, El Salvador, and Honduras face food insecurity,
2 mins
U.S. Capitol Building, Washington D.C. © Ramaz Bluashvil
The Ritz Herald
RepresentUs launching $5 million campaign to pass the sweeping election, campaign finance, ethics reform package in the Senate

RepresentUs, the nation’s largest grassroots anti-corruption campaign, bringing together conservatives, progressives, and everyone in between, applauds the House for passing the historic anti-corruption bill, the For the People Act. The bill would end partisan gerrymandering, secure and modernize our elections, and halt big money’s control of politics.

RepresentUs members delivered a petition with nearly 20,000 signatures supporting the bill to Speaker Nancy Pelosi on Monday. Members also made thousands of calls to Congress members using the For the People Act online resource hub.

“Washington is more polarized, unstable, and broken than at any time since the Civil War. A mob stormed the US Capitol, people are losing faith in democracy, and special interests’ grip on Congress is stronger than ever. The For the People Act fixes the root cause of the dysfunction,” said RepresentUs CEO Josh Silver. “The fight to get the bill through the Senate has just begun, and RepresentUs is unifying conservatives, moderates, and progressives in support of this historic legislation.”

The For the People Act has supermajority support from voters across the political spectrum, as two-thirds of Americans support the bill. But there will be an enormous effort to stop this legislation…

The WBC Staffing Council – a workstream within the Women Business Collaborative (WBC), in partnership with executives representing staffing industry associations American Staffing Association (ASA), National Association
Jackpocket, the first third-party app in the U.S. to provide a secure way to order official state lottery tickets, and actor Sean Hayes announced today a joint
Self-Portrait has today unveiled its Autumn Winter 2021 Collection through a series of images and film featuring British actress Phoebe Dynevor. Captured in Self-Portrait’s hometown of London,
Johnson & Johnson announced that the U.S. Centers for Disease Control and Prevention’s (CDC) Advisory Committee on Immunization Practices (ACIP) has recommended the first single-shot COVID-19 vaccine,

PUBLIC

INTEREST

Almost Innocent: From Searching to Saved in America’s Criminal Justice System
The Ritz Herald

Practicing attorney Shanti Brien addresses criminal justice reform in her debut memoir Almost Innocent: From Searching to Saved in America’s Criminal Justice System (Amplify Publishing; March 2, 2021). A groundbreaking insider’s account of the messy, tragic, and often unjust legal system in America, Almost Innocent outlines the human impact…

Bipartisan Background Checks Legislation Comes Eight Years After Sandy Hook Tragedy as U.S. Gun Violence Soars
The Ritz Herald

Yesterday, H.R. 8, the Bipartisan Background Checks Act of 2021, was reintroduced in the U.S. House of Representatives by the House Gun Violence Prevention Task Force Chairman Mike Thompson (D-CA), along with original cosponsors House Judiciary Committee Chairman Jerrold Nadler (D-NY), and Representatives Fred Upton (R-MI), Sheila Jackson Lee…

CULTURE

NEWS

Giving Voice to Black History in the Inland Empire
By
Senior Writer
Although Makaley Montano ’24 has lived in Redlands all her life, studying local history has opened up a new world.
Immersive Van Gogh Exhibition Comes to Ice Palace Studios in Miami
By
Culture Editor
This April, “Beyond Van Gogh: An Immersive Experience” is coming to one of Miami’s hottest venues, the Ice Palace. The

RH

FINANCIAL

Federal Investment in Small Businesses Could Revive Economy After the Pandemic
Recent efforts to support businesses reeling from revenues lost during the pandemic, such as grants
The Ritz Herald
Equifax Introduces Commercial Real Estate Tenant Risk Assessment Product Suite
Equifax today announced a new Commercial Real Estate (CRE) Tenant Risk Assessment product suite designed
The Ritz Herald
THIS WEEK'S HEADLINES
Maxx Quinten 4, Mar 5 mins
5 mins
The Ritz Herald
© Kelly Lacy
Neuroimaging reveals how ideology affects race perception

Previous research by Amy Krosch, assistant professor of psychology in the College of Arts and Sciences, has shown that white people who identify themselves as political conservatives tend to have a lower threshold for seeing mixed-race Black and white faces as Black.

More often than liberals, Krosch found, white political conservatives show a form of social discrimination termed “hypodescent” – categorizing multiracial individuals as members of the “socially subordinate” racial group.

In new research published Feb. 22 in Philosophical Transactions of Royal Society B, Krosch used neuroimaging to show that this effect seems to be driven by white conservatives’ greater sensitivity to the ambiguity of mixed-race faces rather than sensitivity to the Blackness of faces; this sensitivity showed up in a neural region often associated with affective reactions.

Taken together, these study results suggest white political conservatives might overcategorize mixed-race faces as Black, not because of an aversion to Blackness, but because of an affective reaction to racial mixing more generally, Krosch said. The study appears in a special issue about political neuroscience.

“We knew from our previous work that conservatives tend to categorize more mixed-race faces as their ‘socially subordinate race, or according to hypodescent,” Krosch said, “a principle closely related to notorious ‘one-drop’ rules, used to subjugate individuals with any nonwhite heritage by denying them full rights and liberties under the law from the earliest days of American slavery through the Civil Rights Era.”

In the new study, Krosch said, she and the other researchers wanted to figure out why this is the case: “Specifically, we wanted to know if conservatives and liberals differ in the way they are literally seeing, thinking, or feeling…

CURRENT EDITION

PANDEMIC UPDATE (LIVE)

CORONAVIRUS (COVID-19)

UNITED STATES

64188 29,521,987 Total Cases
1822 533,465 (1.8%) Deaths
89747 20,093,187 (68.1%) Recovered
05 Mar 2021, 12:52 PM (GMT)
4 mins
The Ritz Herald
Oji Abbott "Chef O" sits in front of his restaurant Oohh's and Aahh's, June 15 2020, Washington, DC. © Brendan Smialowski
Do policy makers take grants for granted? The efficacy of public sponsorship for innovative entrepreneurship
By / Finance Reporter

Recent efforts to support businesses reeling from revenues lost during the pandemic, such as grants and loan programs, have been criticized for favoring larger companies. New research finds that federal agencies get more bang for their buck when they channel grant dollars into smaller startups.

Researchers at Indiana University, Washington State University and the University of Central Florida say their work could provide valuable insights as federal and state governments look for ways to revive the U.S. economy after the pandemic, like the recent Paycheck Protection Program loans.

The study tracked results from about 130 ventures at eight business incubators in the southeastern United States over a four-year period. Small companies receiving their first grant experienced strong revenue growth — an average of 1,000 percent over two years.

By comparison, mid-sized and larger firms in the business incubators reported flat or declining growth trajectories after receiving a grant.

The findings appear in the Strategic Entrepreneurship Journal article “Do Policy Makers Take Grants for Granted? The Efficacy of Public Sponsorship for Innovative Entrepreneurship.”

“From a public policy perspective, awarding grants to smaller ventures appears to generate better returns for economic development,” said Alex Kier, assistant professor of entrepreneurship in the WSU Carson College of Business. “We’ve heard the stories on the news about large, multimillion-dollar organizations that got pretty substantial Paycheck Protection Program loans. Our research indicates that money may have been better spent by spreading out the PPP loans to smaller firms.”

Each year, the federal government awards billions of…

MORE ARTICLES

Equifax Introduces Commercial Real Estate Tenant Risk Assessment Product Suite
Equifax today announced a new Commercial Real Estate (CRE) Tenant
Single Women See Twice as Much Growth in Home Purchases as Single Men
Despite the fact that the coronavirus-driven recession disproportionately impacted women
Small Business Owners Plan to Encourage or Require Employees to Vaccinate
Small and mid-sized business owners strongly support vaccinations for COVID-19
By Hayley Chowdhry Published on Mar 4
3 mins
The Ritz Herald
Corporate headquarters in Atlanta. © Equifax Inc.
New solution set helps asset managers and bankers better manage commercial real estate portfolio risk

Equifax today announced a new Commercial Real Estate (CRE) Tenant Risk Assessment product suite designed to help asset managers and bankers better build, manage and maintain CRE portfolios. Built on Equifax commercial credit data, the suite is designed to provide a more complete financial picture of a building’s business tenants for a better understanding of each property’s potential risk and overall performance in a time of economic uncertainty.

“COVID-19 has had a dramatic impact on the Commercial Real Estate industry, with tenant payment behavior and demand for space heavily influenced by social distancing, unemployment, and business stress,” said William Phelan, General Manager of the Equifax United States Information Solutions (USIS) Commercial business. “Whether you’re a banker overseeing a CRE portfolio, an asset manager, or a property manager, it’s become increasingly important to understand the current financial health of buildings and business tenants to prevent losses. The Equifax Commercial Real Estate Tenant Risk Assessment product suite helps you understand which tenants were on sound financial footing before the coronavirus, and better predicts how they will weather the storm.”

According to the National Association of Realtors Research Group’s January 2021 Commercial Real Estate Trends and Outlook, 59% of CRE executives surveyed reported an increase in missed, late, or partial rental payments for office, retail, and industrial space. Staying up-to-date on the financial situations of commercial tenants is a challenge…

CURRENT EDITION

Single Women See Twice as Much Growth in Home Purchases as Single Men
Despite the fact that the coronavirus-driven recession disproportionately impacted women
Small Business Owners Plan to Encourage or Require Employees to Vaccinate
Small and mid-sized business owners strongly support vaccinations for COVID-19
Staffing Industry Sees Gender Parity but Wide Pay Gap Still Persists
The WBC Staffing Council – a workstream within the Women
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COVID-19 WORLDWIDE

441265 116,202,198 Total
9750 2,580,588 (2.2%) Deaths
405272 91,876,910 (79.1%) Recovered
05 Mar 2021, 12:52 PM (GMT)
New research from Paychex, Inc., the HR software and services company providing the power of simplicity to businesses managing increasingly complex workplaces, found that three of the
Grammy award-winning record producer Charlie Peacock adds another solo piano chapter to his diverse musical story, TROUT CREEK RANCH, his 5th jazz recording (3/04/21). The album was
A recent survey of U.S. citizens conducted by Kekst CNC, a leading global strategic communications firm, assessed Americans’ thoughts on reopening the economy, the strength of the
Rutgers scientists for the first time have pinpointed the sizes of microplastics from a highly urbanized estuarine and coastal system with numerous sources of freshwater, including the Hudson

EDITOR'S

CHOICE

Want to Cut Emissions That Cause Climate Change? Tax Carbon

Quinten / RH
Putting a price on producing carbon is the cheapest, most efficient policy change legislators can make to reduce emissions that cause climate change, new research suggests. The case study, published

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