Commentary PITTSBURGH—It’s 4:30 in the morning, and Raymond Mikesell’s alarm has gone off. Within an hour, as the first rays of pink and orange morning light reflect off the skyscrapers in the city, Mikesell is at his restaurant, Cafe Raymond, in the Strip District, the city’s Main Street for small businesses. On his way to…
The American Labor Crisis Has Hit All the Small Businesses on This One Street
Turning Shutdowns Into Opportunity
From the first hello, you can tell that Angela and Moe are go-getters ready to make things happen. Angela Knight and Maureen (Moe) Stone are both moms from Jupiter, Florida, who share a passion for their work and love for America. The friends have known each other and worked together for 15 years, first as…
50 Budgeting Tips for Small Business Owners
Business is all about money. As a business owner, you want to make as much as you can and be frugal where you have to be. Budgeting for payroll and paying expenses can be hard at times. In this post we’ll teach you a few budgeting tips for small business owners like yourself to take…
$15 Minimum Wage Goes into Effect for Small Businesses in LA
July 1, 2021
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LOS ANGELES, Calif.—A $15 minimum wage went into effect for small businesses in Los Angeles July 1after being gradually phased in for businesses since being approved in 2015. The law was approved on a 14-1 vote by the City Council on May 14, 2015, and the minimum wage increase from $9 to $15 took place…
US Charges Former Olympic Figure Skater in COVID-19 Small Business Fraud
June 9, 2021
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bank fraudCOVID-19Crime and IncidentsInternationalSmall BusinessesSportsUSUS NewsWinter OlympicsWorld
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NEW YORK—A former Slovenian figure skater who competed in the 1992 Winter Olympics has been criminally charged in Manhattan with fraudulently raising $1.6 million meant to help small U.S. businesses cope with the COVID-19 pandemic. U.S. prosecutors on Tuesday charged Luka Klasinc, 48, with bank fraud and aggravated identity theft related to his alleged use…
NTD Business Full Broadcast (June 3)
Make it or break it time for small businesses across the country. A new poll says 35% of small business owners worry they won’t make it past this summer. Another win for the climate folks, as a climate activist gets a 3rd member onto ExxonMobil’s board. How will this affect the American oil giant’s ability…
Record Number of Small Businesses Can’t Find Workers: Report
A record number of small businesses couldn’t find enough workers to hire in April, according to a new report from the largest small-business lobby group in the United States, reinforcing concerns that the pandemic-related federal unemployment boost may be sidelining workers and hurting economic growth. The National Federation of Independent Business (NFIB) said in its…
Irvine Man Arrested on Federal Fraud Charges Involving PPP Loans
May 7, 2021
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COVID-19economyfederal chargesFraudirvineLoanspandemicpayment protection programPPPSmall BusinessesSouthern CaliforniaUSUS Regional News
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SANTA ANA—An Orange County man was arrested May 7 on federal charges alleging he fraudulently obtained about $5 million in Payment Protection Program (PPP) loans for his sham businesses, then used the money on himself, including purchasing Ferrari, Bentley and Lamborghini sports cars. Mustafa Qadiri, 38, of Irvine, was named in a federal grand jury…
Short-Term ‘Help’ Is Doing Long-Term Harm to the Economy, Killing Small Businesses
Commentary The mounting evidence can no longer be ignored. Unsubstantiated and politically motivated COVID-19 lockdown policies and imprudent relief measures are causing serious, lasting damage to the foundations of American economic prosperity. Having brought the economy to its knees through unwarranted and undependable lockdown measures that forced millions of Americans out of work and forced…
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Irvine Named Best Large City in California for New Businesses
Commentary Irvine, Calif. is the best large city in the state to open a new business, according to a new tabulation by financial website WalletHub. WalletHub considered the ecosystem, as local entrepreneurs call it, within 100 cities related to access to resources. It took into account access to financing, venture capital investment per capita, and…