Elizabeth Frantz | Reuters A majority of small business owners on Main Street say they support more financial relief from the federal government, but the resolution of the battle in Congress last week...
Tag: Small business
30-year-old female founder’s billion-dollar bet on CRISPR gene editing
Janice Chen (C) and her Mammoth Biosciences co-founders Trevor Martin (L) and Lucas Harrington (R). CRISPR gene editing pioneer and Nobel Prize winner Jennifer Doudna is also a co-founder. Along Highw...
Here’s how urban and rural Americans build wealth differently
Doug Langley clears the combine harvester’s head from weed before he starts harvesting, during the wheat harvest in Shelbyville, Kentucky, June 29, 2021. Amira Karaoud | Reuters Many rural Ameri...
Closing gender gap could boost global GDP by $2 trillion, Citi says
Damircudic | E+ | Getty Images Women receive a small fraction of venture capital funding and closing the investment gender gap could drive economic growth, according to a new report from Citigroup. Fe...
Ukrainian Entrepreneurs Struggle To Save Their Employees As War Threatens To Crush Their Businesses
Andrey Zdesenko, one of the top 100 richest people in Ukraine, is the founder of Biosphere Corporation, the largest manufacturer of household products in Ukraine. His company is now helping deliver ai...
Pittsburgh robot farm business of future backed by Pritzker billions
Currently less than 1% of fresh produce is grown through hydroponics systems versus open-field agriculture, but this segment is forecast by Mordor Intelligence to grow by nearly 11,% or about $600 mil...
Chicago Fed’s Charles Evans cautions on inflation’s hit to small businesses
Small businesses will be facing growing challenges from inflation and higher wages, Chicago Federal Reserve President Charles Evans said Friday. Even with average earnings flattening out in February, ...
Here’s where the jobs aren’t bouncing back: Main Street
A “now hiring” sign is posted in the window of a restaurant in Los Angeles, California on January 28, 2022. Frederic J. Brown | AFP | Getty Images The latest nonfarm payroll report shows a...
Why Intel’s CEO was a guest at Biden’s State of the Union address
U.S. first lady Jill Biden and others applaud her guest Intel CEO Patrick “Pat” Gelsinger in the first lady’s box as President Joe Biden mentions Gelsinger during his State of the Un...
Where Main Street stands on the state of economy and President Biden
U.S. President Joe Biden delivers remarks on Russia’s attack on Ukraine, in the East Room of the White House in Washington, U.S., February 24, 2022. Leah Millis | Reuters As President Biden prep...
What to know before filing business taxes for the first time
In 2021, amid the ongoing pandemic and “Great Resignation,” Americans filed a record 5.4 million applications for new businesses, according to data from the U.S. Census Bureau. That means ...
NBA legend Shaquille O’Neal warns Lakers not to trade Lebron James
Four-time NBA champion Shaquille O’Neal issued a stark warning to the Los Angeles Lakers Monday, saying despite an abysmal season, it would be a huge mistake to trade the team’s biggest su...
Need a business loan? Inflation leads Main Street into more debt
SAN FRANCISCO, CA – APRIL 28: Deanna Sison takes a break from preparing preordered lunches to check the status of her federal small business loan application at Little Skillet restaurant in San ...
Here’s what the end of Covid tax breaks means for business owners
Samuel Corum/Bloomberg via Getty Images Rules around small business taxes have changed significantly in the last two years. This year is no exception as many of the various pandemic-era deductions and...
The War On Small Business
Transportation is just one area of our supply chains where there aren’t enough workers. getty Everybody has a pet theory about why it’s so hard for manufacturers and supply chain companies to ge...
Restauranteur says he spends around $750,000 on security to deal with unruly diners
Cameron Mitchell, chief executive of Cameron Mitchell Restaurants, told CNBC on Wednesday that unruly diners have cost his business $750,000 a year, on top of supply chain snarls and rising inflation ...
Fed up with rise in thefts and shoplifting, small biz owners take action
They are brazen, aggressive and seemingly acting without a care in the world. Shoplifters are hurting big retailers and chain stores, even reportedly forcing some locations in New York City and San Fr...
Main Street restaurant owners growing despite Covid
When Matt Horn opened up his first restaurant in Oakland, Horn BBQ, the pandemic was in full swing. It was fall of 2020 and he’d overcome a long list of challenges from location to regulations a...
Inflation economic shock complete as Main Street tipping point reached
Joe Raedle | Getty Images News | Getty Images The latest Consumer Price Index reading, the highest in four decades, isn’t the only sign that inflation is extending rather than giving up its hold...
5 Ways Retail Businesses Can Manage Price Increases
With costs increasing across the board, retailers are looking for ways to cope with price rises. getty After two years that have been full of challenges, from Brexit to the pandemic, the UK’s cost of ...
Struggling small businesses hope more Covid relief is on the way
andresr | E+ | Getty Images Almost two years into the Covid-19 pandemic, many small businesses are still struggling. While financial assistance for those impacted by the crisis has ended, some of the ...
Arkansas’ Studio Theatre has a denied Covid relief grant overturned
The Studio Theatre in Little Rock, AR Jennifer Schlesinger | CNBC After months of limbo and mounting debts, the Studio Theatre in Little Rock, Arkansas, got some welcome news from the Small Business A...
Bob Johnson says Biden’s Build Back Better bill needs to direct money to Black-owned businesses
BET founder Bob Johnson told CNBC on Tuesday the Biden Administration needs to take additional steps in its Build Back Better plan to tackle the wealth gap between Black and white Americans. “Wh...
How some small businesses have survived the Covid pandemic without them
The storefront of Mark Shriner’s small business, The Coffee House, in downtown Lincoln, Nebraska. Courtesy: Mark Shriner Mark Shriner needed help. It was spring 2020, and his coffee shop in Linc...
Small theaters, promoters fighting to qualify for Covid relief
Like many community playhouses around the country, the Studio Theatre shuttered its doors in March 2020 for coronavirus pandemic and did not fully reopen for more than a year. The sales the Little Roc...