Latest Small business News

Fourth quarter looking good for small, independent retailers

Aug. 20, 2018 11:38 AM EDT

NEW YORK (AP) — The latest retail sales report from the government augurs well for small and independent retailers for the fourth quarter, with one possible snag: the impact of trade tariffs. Overall retail sales rose 6.4 percent in July from a year ago, and sales from non-store retailers, which include...

'Crazy Rich Asians' shines bright at the box office

Aug. 19, 2018 2:58 PM EDT

LOS ANGELES (AP) — Glitz won over guns as the gilded romance "Crazy Rich Asians" debuted at No. 1 in North American theaters this weekend, surpassing industry expectations and beating out action-packed fare like "Mile 22." Warner Bros. estimates that the film earned $25.2 million over the weekend and $34...

Pass it On: Entrepreneur's insights on running a business

Aug. 19, 2018 11:18 AM EDT

NEW YORK (AP) — David Heath, the co-founder and CEO of online sock company Bombas, was an entrepreneur early on. His advice? Focus on one product before branching out. Don't copy your competition. And Heath, who meditates daily and brings his Jack Russell terrier named Cooper to work, emphasizes the...

Online socks seller Bombas mixes commerce and charity

Aug. 19, 2018 11:16 AM EDT

NEW YORK (AP) — David Heath co-founded online socks company Bombas not because of an overwhelming desire to make a comfortable sock, but after realizing that they were the No. 1 clothing item requested by the homeless. Heath, the CEO, and his partner Randy Goldberg spent two years developing socks with...

In reversal, Ball State removes name of Papa John's founder

Aug. 16, 2018 8:50 PM EDT

MUNCIE, Ind. (AP) — Ball State University's trustees have voted to remove the name of alumnus and Papa John's founder John Schnatter from a business institute because of his use of a racial slur. The board voted 8-1 Thursday to remove the name from the Institute for Entrepreneurship and Free Enterprise and...

Turnover: Preventing it and dealing with the aftermath

Aug. 15, 2018 12:12 PM EDT

NEW YORK (AP) — A tight labor market and a shrinking pool of talented workers make "I'm quitting" some of the most dreaded words a small business owner can hear. Staff turnover is a fact of life, but it's particularly painful at small companies competing with larger businesses for workers. Owners learn...

Small-business owner Matthew Corey wins the Republican nomination for Connecticut U.S. Senate

Aug. 14, 2018 8:44 PM EDT
HARTFORD, Conn. (AP) — Small-business owner Matthew Corey wins the Republican nomination for Connecticut U.S. Senate.

California could reshape pot rules as legal market struggles

Aug. 14, 2018 8:34 PM EDT

LOS ANGELES (AP) — The nation's largest legal marijuana market is struggling. Illicit sales continue to thrive. A shaky supply chain has customers looking at barren shelves in some shops. There are testing problems. And a proposal to allow home marijuana deliveries in cities that have banned pot sales...

Yosemite reopens to visitors with smoky air, limited lodging

Aug. 14, 2018 6:56 PM EDT

Hikers and nature lovers returned to Yosemite National Park's scenic valley Tuesday after a rare 20-day closure because of smoke from wildfires. Some said they didn't mind the hazy air that obscured scenic vistas; others came prepared with eye drops and face masks. Park officials also advised visitors to expect...

North Dakota recreational pot measure approved for ballot

Aug. 14, 2018 12:54 PM EDT

BISMARCK, N.D. (AP) — Supporters of legalizing recreational marijuana in North Dakota have succeeded in bringing the matter to a public vote later this year. Proponents submitted more than the required 13,452 valid petition signatures to get a measure on the November general election ballot, Secretary of...