Business News

Buy Now, Pay Later Rule Impact on Small Businesses The landscape of consumer finance is changing with the introduction of new regulations on “buy now, pay later” services. For many small businesses adopting this service, it could mean significant adjustments in their operations. Previously, these lending options were less regulated, which made them popular among […]

Summary of FedEx Layoff in Conover FedEx recently announced plans to lay off 66 employees at its freight service facility in Conover, North Carolina. This move comes as part of a broader strategy to adjust operations amid shifting market conditions. Affecting a variety of positions, the job cuts encompass drivers, package handlers, and administrative staff.

Article Summary The U.S. Department of Commerce is making waves by investing $27 million to spur business growth and job creation across different states. This significant funding will enhance local economies and foster innovation. Some areas receiving funds include Texas, Georgia, and New York, with projects ranging from infrastructure improvements to technical assistance for small

Summary of Article Six small businesses from East Tennessee were recently honored by Oak Ridge National Laboratory (ORNL) for their innovative contributions and collaborations. The awards recognize the pivotal role these businesses play in supporting the scientific and technological advancements at ORNL. These businesses have provided exceptional services ranging from technical support to manufacturing components

Summary The city of Rogers, Arkansas, is undertaking significant improvements to its utility and street infrastructure to support growth and enhance community living. Among these projects, the $4.4 million utility relocation on Pleasant Grove Road stands out, aiming to pave the way for future street widening. Efforts include water and sewer line replacements, which will

On June 14, 2024, the City of Fayetteville held its first-ever Small Business Town Hall event, attracting more than 300 small business owners. The meeting provided a platform for entrepreneurs to voice concerns, share experiences, and learn about available resources. The event aimed to foster stronger relationships between local small businesses and city officials. The

St. Louis small businesses are facing a troubling wave of break-ins happening overnight. Store owners in the area described the situation as increasingly frustrating and demoralizing. Recently, multiple establishments were targeted, leaving many owners to deal with substantial damage and theft. Evidence shows that these break-ins are becoming more frequent and elaborate, causing heightened concern

Article Summary Impact Washington, a non-profit organization, helps small and medium-sized manufacturers navigate various complexities to achieve operational success. Their primary goal is to provide these manufacturers with the resources and training necessary to stay competitive in the ever-evolving marketplace. Utilizing a combination of expert consultants and advanced technologies, they deliver customized solutions tailored to

Frase Protection, a prominent security services provider in Memphis, has earned a notable accolade by winning the Small Business Administration’s (SBA) 2024 award. Recognizing their relentless dedication to safety, the SBA honored this firm in a significant year. Many local businesses have benefited from the company’s innovative approach, which integrates cutting-edge technology and customer-centric policies.

Summary In the realm of recruiting, applicant tracking systems (ATS) are indispensable tools for businesses. They help employers streamline the hiring process by managing job applications and candidate data effectively. US News has evaluated the leading ATS options available to identify the best in the market. The most notable systems mentioned include Bullhorn, Lever, and

Article Summary In Cumberland County, a new public relations firm has emerged, founded by a local woman straight out of college. This young entrepreneur, fresh with a degree in Communications, felt it was the perfect time to dive into running her own business. She saw a gap in the market for PR services tailored to

Article Summary The Bronx Small Business Challenge recently crowned its winner, whose initiative is causing people to rethink traditional gender roles. This year’s top contestant, a passionate woodworker, stands out in an industry largely dominated by men. Her woodworking shop not just produces unique pieces but also serves as an inspiration to many, proving that

HTDC Allocates Millions in Grant Funding The Hawaii Technology Development Corporation (HTDC) has announced a substantial allocation of funds trying to bolster local tech industries. Millions of dollars have been earmarked for grant funding, aiming to support various startup companies in Hawaii. The main goal of this initiative is to encourage job creation and sustain

Summary The article discusses the surge in Latino-owned small businesses, highlighting the impact of President Biden and Vice President Harris’s economic policies. These policies have driven significant growth and opportunities for Latino entrepreneurs. By focusing on infrastructure investment and economic relief, the current administration has created a supportive environment for small business proliferation. Access to

San Francisco’s downtown mall has embarked on a new strategy, attracting small businesses as tenants. This move comes as the mall, traditionally dominated by big retail chains, looks to fill vacant spaces. The effort has paid off, with seven new lease agreements signed. These leases are set to bring fresh energy and a variety of

Summary of Painted Tree Boutiques Article The bustling town of Grapevine is gearing up for the grand opening of Painted Tree Boutiques, a new shopping venue designed to support small business owners and artisans. The marketplace aims to offer a diverse array of products, ranging from handcrafted items to unique home décor. Slated for a

Summary of WAAYTV Article A business in Huntsville has gained a prestigious title from NASA. Accepting this honor, Intuitive Research and Technology Corporation received the Small Business Prime Contractor of the Year award. Known for their impeccable contributions and exceptional performance, they have significantly supported NASA’s missions and projects. The company was acknowledged for its

Article Summary The article highlights an upcoming event focused on supporting small businesses at the Festival of Pacific Arts & Culture (FESTPAC). This significant gathering, scheduled to be held in Hawaii, will celebrate various cultures of the Pacific region. Attendees will have opportunities to engage with local vendors, artists, and entrepreneurs. The occasion promises to

Summary of 2024 Small Business Celebration Winners The Greater Kansas City Chamber of Commerce recently held its 2024 Small Business Celebration, recognizing exemplary small businesses in the region. These awards highlight firms that have distinguished themselves through notable accomplishments, community involvement, and overall business success. A variety of categories were established to ensure that different

Summary California recently announced significant changes to its small business programs. Officials are making cuts due to a huge budget deficit. Many small business owners feel the pinch as their support shrinks. These cuts come just as many are still recovering from the pandemic. Without this help, some fear they might not survive. Larger corporations

Summary Small-business owners from Ohio recently traveled to Washington, D.C., to meet with members of Congress. This event was part of the NFIB’s Fly-In, which facilitates direct interactions between entrepreneurs and policymakers. Owners discussed a variety of issues crucial to their businesses. Among these were topics like tax policies, labor regulations, and the economic landscape

Article Summary The City of Dallas is set to host one of the largest seed capital competitions in the United States. Designed to boost small business ownership, this event aims to provide emerging entrepreneurs with essential funding and resources. Scheduled to attract numerous participants from various sectors, this competition promises to be a monumental event

Electric Vehicle Article Summary The article from Baseline Magazine delves into the transformative rise of electric vehicles (EVs) within the automotive industry. It charts how growing environmental concerns and stringent regulations have propelled car manufacturers to innovate. These electric cars are no longer niche products. Now, they are gaining mainstream acceptance. Many companies are investing

Amidst the vibrant streets of Chinatown, recent brawls caught on camera have heightened concerns. The escalating violence is a growing concern for residents and local businesses. Surveillance footage capturing these incidents has raised alarm within the community. These disturbances are impacting the neighborhood’s small businesses, with owners feeling the repercussions. The sense of unease stemming