Latest Small business News

Mississippi business group offers loans for flood recovery

Dec. 13, 2019 7:31 AM EST

JACKSON, Miss. (AP) — Mississippi's Small Business Administration is now offering low-interest loans to homeowners, businesses and nonprofit organizations who suffered losses when torrential rain caused widespread flooding last spring. The National Weather Service estimated some south Mississippi areas...

Indie booksellers persevere despite Amazon, rising costs

Dec. 11, 2019 11:12 AM EST

NEW YORK (AP) — Pete Mulvihill has felt optimistic enough about selling books that he bought a third bookstore within the past two months. “The industry is much better than it was — the last four to five years have been pretty healthy,” says Mulvihill, who owns three Green Apple Books...

Small business hiring slow, likely to remain so, reports say

Dec. 9, 2019 10:34 AM EST

NEW YORK (AP) — Two reports last week show that small business hiring still lags behind the strong job growth reported at larger companies, and that owners are unlikely to increase their staffs significantly in 2020. Payroll processor ADP said its customers with up to 49 employees added 11,000 jobs in...

Vermont town to discuss flood regulations due to petition

Dec. 9, 2019 9:29 AM EST

LYNDONVILLE, Vt. (AP) — The town of Lyndonville is planning a public hearing after a local business owner submitted a petition to repeal the town's current flood zone regulations, which some feel are hindering commercial development in the community. The petition with signatures from 275 registered voters...

Indiana board backs electricity cost shift from industries

Dec. 7, 2019 9:45 AM EST

MERRILLVILLE, Ind. (AP) — Consumer and environmental groups are arguing that Indiana utility regulators are unfairly shifting electricity costs from some large industrial customers to homeowners and small businesses. Their objections come after the Indiana Utility Regulatory Commission approved a proposal...

Holidays bring phishing scam surge aimed at small business

Dec. 4, 2019 1:13 PM EST

NEW YORK (AP) — The email looked legitimate, so Danielle Radin clicked on the link it contained, expecting to have her products included in a holiday gift guide. “I instantly regretted it,” says Radin, owner of Mantra Magnets, a website that sells wellness products. “It took me to some...

Tips to help small business owners avoid phishing scam

Dec. 4, 2019 10:35 AM EST

NEW YORK (AP) — Phishing scams that infect a computer and potentially allow hackers to invade bank and other accounts are highly preventable — but it takes eternal vigilance on the part of computer users. Even small business owners or employees who think they’re careful about clicking on...

Elon Musk tells jurors insult provoked ‘pedo guy’ tweet

Dec. 3, 2019 10:05 PM EST

LOS ANGELES (AP) — Elon Musk testified Tuesday that he was being insulting, not literally calling a British cave diver a pedophile when he lashed out on Twitter and ended up in a defamation lawsuit from the man who helped rescue a dozen boys and their soccer coach from a flooded Thailand cave last year....

Survey: Higher number of small businesses hurt by tariffs

Dec. 2, 2019 1:51 PM EST

NEW YORK (AP) — A growing number of small business owners say the Trump administration’s trade tariffs and policy are hurting their companies. That’s one of the findings of a Bank of America survey of owners taken during July and August and obtained by The Associated Press. Forty-four percent...

Ballroom dancers say immigration clampdown hurting business

Dec. 2, 2019 9:29 AM EST

ORANGE, Conn. (AP) — When no Americans replied to her ads seeking a dance instructor, studio owner Chris Sabourin looked overseas. But she was stymied again by a federal tightening of visa application rules she and others contend is hampering the ballroom dance industry. Sabourin had to eventually give up...