The Dougherty County Finance Committee recently held a roundtable discussion on the funding of Special Purpose Local Option Sales Tax (SPLOST) projects. The committee explored the possibility of funding these projects through a bond instrument process instead of waiting for funds to be generated through a 1% sales tax. The proposed bond would provide the…

DigniFi, a FinTech company specializing in automotive repair financing, has announced a partnership with Dealer Pay, a point-of-sale provider for car dealerships. The collaboration aims to simplify the financing process and ensure transparency for customers seeking car repair financing options. DigniFi’s financing and payment solutions, which are funded by WebBank, will be integrated with Dealer…

Fraud Sniffr Inc., a technology company specializing in social media surveillance for fraud investigations in the insurance and legal defense industries, has announced the relocation of its headquarters from Maryland to the West Michigan lakeshore. This move brings a capital investment of $585,000 and the creation of 45 job opportunities. The decision to relocate to…

Japanese Prime Minister Fumio Kishida is expected to address the case of a detained company executive during his meeting with Chinese President Xi Jinping at the APEC summit. The executive, believed to be Hiroshi Nishiyama, has been detained, causing significant repercussions in Japan-China business relations. The arrest has led to a decline in foreign investment…

Denmark’s Orsted, the world’s largest offshore wind developer, announced on Tuesday that its Chief Financial Officer (CFO) Daniel Lerup and Chief Operating Officer (COO) Richard Hunter are stepping down with immediate effect. This decision comes in the wake of the company’s recent financial losses. Orsted recently abandoned two U.S. offshore wind projects, resulting in $5.6…

The most recent Alabama Business Confidence Index (ABCI) survey reveals that local business leaders in Alabama are expressing concern about the future of the economy. The ABCI, created by the Center for Business and Economic Research, consists of four industry indicators (sales, profits, hiring, and capital expenditures) and two general economic indicators (economic indicators in…

Communities in Scotland’s Western Isles are facing challenges in their endeavors to restore degraded peatlands due to the involvement of private finance. The restoration of peatlands plays a crucial role in achieving net-zero carbon emissions, but the promise of private investors seeking carbon offsets may pose obstacles for these communities. Government intervention is being called…

The Insolvency Service has reported an 18% increase in company insolvencies in England and Wales during October compared to the same month last year. The number of registered company insolvencies rose from 1,954 in October 2022 to 2,315 in October 2023. This represents a significant increase from September, when there were 1,969 insolvencies. The rise…

The Florida State University College of Business has recently announced the addition of four new members to its prestigious Alumni Hall of Fame. The inductees, Christopher Iansiti, Russell Kohl, Kyle Riva, and Nada Usina, have been recognized for their outstanding achievements in their respective careers and their significant contributions to FSU and the College of…

During a recent visit to Italy, Delaware County commissioners Shannon Henry and James King successfully secured commitments from three Italian companies to invest in Delaware County. The agreements reached with these Italian firms may involve economic incentives offered by the county, tailored to the specific needs of each business. The State of Indiana also provides…