Latest Small business News

Some fear changes to state laws as US weighs pot medicine

Jun. 19, 2018 2:42 PM EDT

COLORADO SPRINGS, Colo. (AP) — Some American parents who for years have used cannabis to treat severe forms of epilepsy in their children are feeling more cautious than celebratory as U.S. regulators near a decision on whether to approve the first drug derived from the marijuana plant. The U.S. Food and...

As a business, your costs are up. What about your prices?

Jun. 19, 2018 1:58 PM EDT

NEW YORK (AP) — It's not just your electric bill that's going higher — all types of expenses are rising for small businesses as inflation grabs hold across the economy. That has owners more likely to raise their own prices than at any time in the last decade. Should you be among them? The percentage...

Trump to finalize small business health insurance option

Jun. 18, 2018 9:33 PM EDT

WASHINGTON (AP) — The Trump administration is close to finalizing a health insurance option for small firms and self-employed people that would cost less but could cover fewer benefits than current plans, congressional officials and business groups said Monday. They spoke on condition of anonymity to...

Small businesses vulnerable to cyberattacks, then don't act

Jun. 18, 2018 10:38 AM EDT

Small businesses suffered a barrage of computer invasions last year but most took no action to shore up their security afterward, according to a survey by insurer Hiscox. It found that 47 percent of small businesses reported that they had one attack in 2017, and 44 percent said they had two to four attacks. The...

Caesars workers in Las Vegas approve new contract deal

Jun. 14, 2018 11:30 PM EDT

LAS VEGAS (AP) — Housekeepers, bartenders and other unionized workers at Las Vegas casino-resorts operated by Caesars Entertainment approved a new five-year contract, ending the possibility of a strike at those properties. A few thousand members of the Culinary Union voted in two sessions to ratify an...

Big hurdles for bold push to split California into 3 states

Jun. 13, 2018 9:35 PM EDT

SACRAMENTO, Calif. (AP) — Californians will face a choice this November of whether to divide the nation's most populous state into three, an effort that would radically shake up not only the West Coast, but the entire nation. The "Cal 3" initiative is driven by venture capitalist Tim Draper, who has tried...

Brothel owner who won primary shunned by Nevada GOP brass

Jun. 13, 2018 9:34 PM EDT

RENO, Nev. (AP) — Nevada brothel owner Dennis Hof said Wednesday the "establishment got crushed" when he knocked off an incumbent Republican in a state legislative primary. But now the flamboyant pimp who starred on the HBO adult reality series "Cathouse," is being shunned by that some of that GOP...

Food truck evolution: Owners strategize as novelty wears off

Jun. 13, 2018 10:20 AM EDT

NEW YORK (AP) — Starting a food truck to sell tacos or barbecue on downtown streets may seem easy or fun, but owners are finding they need more sophisticated plans now that the novelty has worn off. A culinary fad a decade ago, food trucks have lost some luster and even new ones may not draw a crowd. Many...

Seattle divided as leaders halt tax on companies like Amazon

Jun. 12, 2018 9:26 PM EDT

SEATTLE (AP) — Seattle leaders on Tuesday repealed a tax on large companies such as Amazon and Starbucks after a backlash from businesses, a stark reversal from a month ago when the City Council unanimously approved the effort to combat a growing homelessness crisis. A divided crowd chanted, jeered and...

Alaska's legal pot industry decries taxes, seeks changes

Jun. 12, 2018 4:32 PM EDT

JUNEAU, Alaska (AP) — In a push to get Alaska voters to legalize marijuana, supporters suggested a tax on growers of $800 a pound — though they knew it would be unworkable in the long run. The tax aimed to show that the industry was willing to pay its share, said Brandon Emmett, who was part of the...