Latest Small business News

Official: $10.8 million in disaster loans made in Arkansas

Jul. 20, 2019 3:44 PM EDT

LITTLE ROCK, Ark. (AP) — The U.S. Small Business Administration says $10.8 million in disaster assistance loans have been made in Arkansas. SBA director Tanya Garfield in Sacramento, California, said Friday that the loans are to businesses and residents to help rebuild and recover from severe storms and...

New Missouri program offers loans for disaster recovery

Jul. 18, 2019 5:28 PM EDT

JEFFERSON CITY, Mo. (AP) — A new program will give Missouri small business owners and farmers hit by tornadoes, storms and flooding this year access to low-interest loans. Missouri Treasurer Scott Fitzpatrick announced the program Thursday. It allows linked-deposit loans of up to $2 million for borrowers...

Lead paint suppliers settle California lawsuit for $305M

Jul. 17, 2019 6:54 PM EDT

SACRAMENTO, Calif. (AP) — The nation's former major suppliers of lead paint have agreed to pay California's largest cities and counties $305 million to settle a nearly 20-year-old lawsuit, attorneys said Wednesday. The settlement comes after years of legal and legislative battling in California and other...

California pot regulators struggling with job, audit says

Jul. 17, 2019 6:14 PM EDT

LOS ANGELES (AP) — The agency overseeing California's legal marijuana market has been overmatched by the job and is struggling to hire sufficient staff and set an overall strategy, an audit found. The Bureau of Cannabis Control is authorized to hire 219 people, but only 75 positions have been filled,...

Real estate agents use digital strategy to get buyers

Jul. 17, 2019 11:42 AM EDT

NEW YORK (AP) — When the internet replaced newspapers as a primary way to advertise homes and other property for sale, real estate brokers learned they had to be increasingly strategic about marketing online. That has meant adapting evolving digital marketing trends to attract people looking to buy or sell...

As housing market wavers, brokers strategize to get buyers

Jul. 17, 2019 10:56 AM EDT

NEW YORK (AP) — The persistently slow housing market has Debra Goodwin creating cooking videos to try to sell a house. Glenn Phillips finds himself explaining to sellers the reasons why they might have to take a loss on their homes. Real estate agents have developed new strategies as they contend with a...

Feds: Moving land agency will save money, improve decisions

Jul. 16, 2019 7:57 PM EDT

DENVER (AP) — The Trump administration said Tuesday that it can save taxpayers millions of dollars, make better decisions and trim a "top heavy" office in Washington by moving the headquarters of the nation's biggest land agency to Colorado and dispersing scores of jobs across 11 states in the U.S. West....

Trade wars cool market for small businesses

Jul. 15, 2019 1:20 PM EDT

NEW YORK (AP) — The market for small businesses cooled for the third straight quarter during the spring as tariffs from the trade war with China made some sellers and buyers uneasy about making a deal. That report comes from BizBuySell.com, an online marketplace for small companies that counted 2,444...

SKorea leader says Tokyo's trade curbs will hurt Japan more

Jul. 15, 2019 5:48 AM EDT

SEOUL, South Korea (AP) — In his strongest comments yet on a growing trade dispute, South Korea's president urged Japan on Monday to lift recently tightened controls on high-tech exports to South Korea, which he said threaten to shatter the countries' economic cooperation and could damage Japan more than...

Deadline coming up to apply for disaster loans in Tennessee

Jul. 15, 2019 4:36 AM EDT

NASHVILLE, Tenn. (AP) — The U.S. Small Business Administration says the deadline is approaching to apply for disaster loans in two Tennessee counties. The federal economic injury disaster loans are available in Carter and Johnson counties because they are close to one or more primary counties in North...