Inflation Top Problem for Small Business
Ninety-one percent of owners say inflation has “substantially” or “moderately” impacted their business NFIB’s new inflation survey found that inflation remains the most significant problem facing small businesses, with 56% of owners reporting that it has a substantial impact and 35% reporting a moderate impact on their business. Three-quarters...
Unemployment Fraud
An Illinois state audit found that of the $3.6 billion in Pandemic Unemployment Assistance paid out from July 2020 through June 2021, nearly $1.9 billion, was tied to fraud. The state previously claimed that they had confirmed over 212,000 fraudulent unemployment claims had been filed.
Capital World Investment buying into Polaris
Investment firm discloses stake in Polaris By: Dave McMahon July 8, 2022 Capital World Investors has filed a a 13G form with the Securities and Exchange Commission (SEC) disclosing ownership of shares of Polaris Industries, Inc., according to a report on fintel.io. Read the report at the link below....
Triumph Adds Electric Motorcycle Manufacturer
Triumph acquires OSET, electric motorcycle manufacturer By: Dave McMahon June 21, 2022 Triumph has acquired electric motorcycle manufacturer OSET Bikes as part of its wider plan of offering a full range of off-road motorcycles and to nurture a new generation of motorcycle riders. Ahead of the launch of the...
Harley-Davidson Appoints Live Wire New CFO
LiveWire CFO named by Harley-Davidson By: Dave McMahon June 23, 2022 Harley-Davidson on Wednesday announced the appointment of Tralisa Maraj as chief financial officer at LiveWire. Maraj joins LiveWire with extensive experience in leadership, corporate governance, accounting and finance. Maraj formerly served as both CFO & corporate secretary for...
Tire Manufacturers Applaud NHTSA
Tire Manufacturers Association applauds NHTSA’s action on improper labeling The U.S. Tire Manufacturers Association (USTMA) announced this week that it applauds the recent information letter issued by the National Highway Traffic Safety Administration (NHTSA) advising tire dealers and distributors that some side-by-side and ATV tires for sale in the...
Harley-Davidson Hardwire Investor Update
Harley-Davidson provides Hardwire Stage II update By: Dave McMahon May 10, 2022 Harley-Davidson is hosting its 2022 Investor Day at the Harley-Davidson Museum in Milwaukee today. “We have a clearly defined vision and strategy that we believe will capture profitable growth opportunities. Despite the macro challenges, we are already...
NPA update
NPA offering sneak peek of ValueGuide Pro at AIMExpo By: Dave McMahon January 19, 2022 For dealers attending the 2022 AIMExpo this week in Las Vegas, National Powersport Auctions (NPA) is excited to give a first look at its all-new ValueGuide Pro product, the next evolution of the industry’s...
A New Way to Park!
The future of motorcycle parking: Smart docking stations to include charging and kit locker Bikers Guardian units in a street 74 A start-up firm are hoping to revolutionise the way we secure our bikes when parking in public places. Bikers Guardian have come up with a docking station design...
Supply Problems to Persisit
Dunkelberg: Most Small Business Owners Expect Supply Chain Disruptions To Continue Into 2022 NFIB Chief Economist William Dunkelberg wrote in Forbes (7/28, Dunkelberg) that “with supply chains not working smoothly” due to the pandemic, “imbalances between the supply of goods and services, and the demand for those products are...
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