Tag: businesses

As small businesses raise prices, some customers push back

NEW YORK — Inflation isn’t only costing small businesses money. It’s costing them customers as well. At the Bushwick Grind Cafe in Brooklyn, New York, Kymme Williams-Davis has raised prices and switched to different types of goods to keep up with the rising costs of milk, coffee, paper goods and plastic, as well as shortages…

September 11, 2022
Snapchat cutting its workforce by 20% as pressure grows on social media businesses

Snap Inc. said Wednesday it is reducing its workforce by approximately 20% and overhauling its business to cut costs and compete as American social media companies face challenges from competitors, regulators and users’ diverted attention. Snap owns the social media platform Snapchat, which became popular by showcasing images and videos and featuring vanishing messages. As…

August 31, 2022

As small businesses raise prices, some customers push back