Latest Small business News

Climate change turns Arctic into strategic, economic hotspot

Aug. 23, 2019 4:32 AM EDT

TASIILAQ, Greenland (AP) — From a helicopter, Greenland's brilliant white ice and dark mountains make the desolation seem to go on forever. And the few people who live here — its whole population wouldn't fill a football stadium — are poor, with a high rate of substance abuse and suicide. One...

California sails toward biggest salmon harvest in years

Aug. 22, 2019 8:47 PM EDT

SAN FRANCISCO (AP) — Trolling off the California coast, Sarah Bates leans over the side of her boat and pulls out a long, silvery fish prized by anglers and seafood lovers: wild king salmon. Reeling in a fish "feels good every time," but this year has been surprisingly good, said Bates, a commercial...

Weedmaps to stop advertising unlicensed pot businesses

Aug. 21, 2019 9:51 PM EDT

LOS ANGELES (AP) — The major online pot shop directory and cannabis marketplace Weedmaps announced Wednesday that it will no longer allow black-market businesses to advertise on its site, a decision that could boost California's efforts to rein in its vast illegal market. State regulators and licensed...

Shootings raise level of alarm at small businesses

Aug. 21, 2019 11:28 AM EDT

NEW YORK (AP) — At a four-hour meeting last month, Michelle Abdow's staffers got to experience some of the sights, sounds and even smells they could encounter if someone invaded their office and began shooting. Security experts and local law enforcement officers gave Abdow's 23 staffers active shooter...

Solo business owners struggle for profits, report says

Aug. 19, 2019 1:04 PM EDT

NEW YORK (AP) — The majority of small business owners who work solo struggle to make their companies profitable. That's one of the findings of a report released last week by the Federal Reserve Bank of New York that gave a snapshot of non-employer firms, those that have no employees other than the sole...

Virgin Galactic reveals futuristic outpost for space tourism

Aug. 15, 2019 8:14 PM EDT

UPHAM, N.M. (AP) — Spaceport America is no longer just a shiny shell of hope that space tourism would one day launch from this remote spot in the New Mexico desert. The once-empty hangar that anchors the taxpayer-financed launch and landing facility has been transformed into a custom-tailored headquarters...

Climate change still threatens key US river after wet winter

Aug. 15, 2019 7:25 PM EDT

FLAGSTAFF, Ariz. (AP) — Snow piled up in the mountains across the U.S. West last winter, leaving enough to thrill skiers into the summer, swelling rivers and streams when it melted, and largely making wildfire restrictions unnecessary. But the wet weather can be misleading. Climate change means the region...

Small business owners' advice for expanding in a downturn

Aug. 14, 2019 3:34 PM EDT

NEW YORK (AP) — Many small business owners decide to expand their companies even as they see the economy starting to slow, but some are proceeding with caution. Here are tips from owners and consultants about how to expand in a downturn: — Keep a lot of cash in the bank. "Before you start taking...

Businesses have cautious expansion plans as economy weakens

Aug. 14, 2019 3:31 PM EDT

NEW YORK (AP) — Ron Pierce has one eye on expanding his information technology business and the other on something he can't control: the economy. "I'm not afraid to expand my company, but I realize that a recession may be coming and that any expansion could have me reducing my staff," says Pierce, owner of...

Company stirs debate with defense of Taco Tuesday trademark

Aug. 13, 2019 9:09 PM EDT

CHEYENNE, Wyo. (AP) — "Taco Tuesday" may be a well-known term for a themed dinner night out or at home, but as restaurants across the U.S. have learned, it's also trademarked. Cheyenne-based Taco John's — which has nearly 400 locations in 23 states — put its legal stamp on "Taco Tuesday" 30...