Latest news with #Beene
Yahoo
12-05-2025
- Business
- Yahoo
Vacant Grand Rapids factory to become hub for entrepreneurs
GRAND RAPIDS, Mich. (WOOD) — A vacant factory in southeast Grand Rapids could soon become a center for entrepreneurs. The building at south of Hall Street was a Heinz pickle factory for many years. The Grand Rapids Center for Community Transformation is leading the $20 million project. Justin Beene is the founder of the center, which is located across the street from the site. 'This building used to be kind of a thriving job creator and wealth generation for this neighborhood,' Beene said. The project looks to have a variety of uses, including as a restaurant and coworking space. Detroit-based coworking company working to buy UICA building in downtown GR 'We have lots of organizations and nonprofits in Grand Rapids but the normative way that I say people actually move out of poverty is through business, through entrepreneurship, through innovation, through good-paying jobs and so we really hope to be able to facilitate that in this building,' Beene said. The center for community transformation has already identified about $14 million in funding. It is looking for donations and appropriations to make up the remaining $6 million gap. 'One of the cool things about this project is that we are gonna launch a crowd funding campaign in which we allow residents, primarily targeting residents in this neighborhood, to contribute to the crowdfunding, in which eventually they'll be able to have ownership over the building and get dividend checks,' Beene said. Similar hubs have been successful in other cities with entrepreneurs able to make stronger connections. 'Regionally we've looked at TechTown in Detroit, we've looked at 1871 in Chicago, both have seen the kind of trend of less people wanting an identified long-term kind of workspace. This will have a lot of different options from coworking space to shared space, shared conference rooms to suites that we can build out,' Beene said. Work to begin preparing the site could begin as soon as the end of this summer. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Time of India
03-05-2025
- Business
- Time of India
It's not love, it's rent! American couples are staying together because of the economy
Who would've guessed that the biggest factor keeping some couples together in 2025 wouldn't be love, trust, or therapy, but inflation? A new national survey from Self Financial found that nearly one in four Americans — 24% of over 1,000 respondents — say they're stuck in relationships they can't afford to leave. Between soaring housing prices, inflation, and the everyday cost of living, breaking up just isn't financially feasible for a growing number of people. 'While no one likes the idea of having to stay with a partner for financial reasons, for some this may be the only way to financially keep their head above water,' said Alex Beene, a financial literacy instructor at the University of Tennessee at Martin, in an interview with Newsweek. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like How to earn a second salary with $200 [CFD] TradeLG Undo He explained that couples are relying more on each other to cover essential expenses like rent, groceries, and utility bills, turning what used to be personal partnerships into financial alliances. The financial strain is particularly severe in major cities like New York. According to the data analyzed earlier this year by Frich, a finance app for Gen Z, couples in Manhattan can save over $50,000 annually by living together, rather than splitting up and paying solo rent. That extra financial burden, commonly called the 'singles tax,' has surged 40% in the past three years, per Frich's findings. And for Gen Z, the cost of uncoupling is even steeper. Frich's survey revealed that the average breakup costs $3,862, factoring in spending on new housing, shopping sprees, emotional 'retail therapy,' and rebound vacations. One in five Gen Z respondents admitted to spending up to $2,000 on post-breakup trips alone. A single girl's night out? That'll cost you roughly $92, according to Frich. Nearly 40% of Gen Z respondents also said they'd move in with a partner before they were emotionally ready, simply to save money on rent. And 18% said they've stayed in relationships they weren't happy in for financial reasons. Money is not just keeping couples together — it's also tearing them apart. The Self Financial survey showed that 86% of respondents had argued with a partner about money, and 41% said finances contributed to their breakup. 'While staying together might seem practical in the short term, the longer the delay, the more complicated things can get financially,' Beene warned. 'The economic outlook of both individuals gets more intertwined,' Alex quoted. Masterclass for Students. Upskill Young Ones Today!– Join Now
Yahoo
21-02-2025
- Yahoo
Man spotted walking with horse stolen from Shelby Farms
MEMPHIS, Tenn. — Shelby Farms Stables is asking for the community's help finding a 22-year-old horse stolen Thursday afternoon. The Palamino named Pancho was in a pasture with 50 other horses when someone walked him off the property toward Mullin Station Road. A barn manager discovered the gelding was missing and spotted human and hoof prints in the snow. Eric Beene, owner of Shelby Farms Stables, said they were able to pick up a trail and followed the tracks for five miles to a fenced-in property at Sanga and Rocky Hills Road. He said people at the park also saw someone leading the horse along the Greenline. 'We put out an alert on Facebook, and instantly, I got some people calling me and said yeah, we passed a young male 25-30 leading the horse down the Greenway where people were riding bicycles and jogging,' said Beene, 'It's pretty much nuts. It's 18 degrees, and he's walking this horse down the road across Germantown Road.' Beene has owned the stables for ten years and said Pancho is one of his oldest horses. He thinks the thief grabbed the first horse he saw. He said Pancho was wearing a green blanket, but he's worried about the animal's well-being. 'I was very upset. The first thing I worry about in temperatures, like, did something happen to him,' said Beene. 'We even put on Facebook if they contact us by tonight, we'll come get the horse, no questions asked, but if they wait until the morning, I want the sheriff's deputies to do whatever they have to do to this person.' He said the horsenapping was captured on camera along the Greenline. If you have seen the horse or know where he is, call Crimestoppers at 901-528-CASH or call Shelby Farms Stables Stables at 901-647-5793. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
