$1 million Powerball prize lands in small Pennsylvania borough
Lansford, PA – A Powerball player in Carbon County is holding a ticket worth $1 million after matching all five white balls in Monday night’s drawing, according to the Pennsylvania Lottery. The…
China to extend tax relief for small firms, support equipment upgrades
BEIJING (Reuters) -China will extend tax relief for some small firms, including manufacturers, and offer low-cost loans to support equipment upgrades by companies, state media on Wednesday quoted the cabinet as saying.…
U.S. small business sentiment rises in August- NFIB
WASHINGTON (Reuters) – U.S. small-business confidence improved in August as worries about inflation subsided and demand for workers remained strong despite the uncertainty shrouding the economy, a survey showed on Tuesday. The…
Small Businesses Might Drop Obamacare As Premiums Skyrocket
Small Businesses Might Drop Obamacare As Premiums Skyrocket John Hugh DeMastri on September 9, 2022 Health insurance premiums offered under the Affordable Care Act (ACA), colloquially known as Obamacare, will rise next year,…
MCMAHON: On Labor Day, The Data Shows The Struggles Of Our Country’s Small Businesses And Workers
MCMAHON: On Labor Day, The Data Shows The Struggles Of Our Country’s Small Businesses And Workers Linda McMahon on September 5, 2022 This weekend, we celebrate the hardworking men and women of…
Citigroup makes small cuts in mortgage workforce as housing market cools
(Reuters) – Citigroup Inc on Friday said it has slightly trimmed its mortgage workforce, due to an internal streamlining of functions. Less than 100 positions were affected, according to Bloomberg News, which…
District Man Sentenced to 78 Months in Prison for Schemes to Defraud Small Business Pandemic Relief Programs Relief Programs and the Archdiocese of Washington
WASHINGTON – Kenneth Gaughan, 44, of Washington, D.C., was sentenced today to 78 months in prison for carrying out a series of financial schemes. In one,…
Union City Man Sentenced To 4 Years In Federal Prison For Small Business Robberies
OAKLAND – Nelson Enrike Ramirez was sentenced today to 48 months in federal prison for multiple robberies of small stores and gas stations in East Bay and South Bay communities that affected…
U.S. Secret Service Returns $286M in Fraudulently Obtained Funds to the Small Business Administration
DENVER – Today, the U.S. Secret Service returned approximately $286 million in fraudulently obtained Economic Injury Disaster Loans (EIDL) to the Small Business Administration (SBA). These recovered funds were generated by fraudulently…
U.S. Treasury approves up to $750 million small business capital funds for four states
WASHINGTON (Reuters) – The U.S. Treasury Department said on Friday it approved four additional state plans for the State Small Business Credit Initiative worth $750 million, bringing total approvals under the COVID-19…
UK pushes ahead with Rwanda migrant scheme as small boats keep coming
By Michael Holden and Andrew MacAskill LONDON – Housed in a detention centre in southern England, Aladeen says he risked his life to travel thousands of miles from his homeland of Syria…
Bucking The Trend, One Small African Region Is Taking Sides With Taiwan
Bucking The Trend, One Small African Region Is Taking Sides With Taiwan Micaela Burrow on August 12, 2022 As China’s economic ties to Africa entrench further, one small, semi-autonomous African region is…
Platinum Partners Portfolio Manager Daniel Small Convicted of Defrauding Bondholders in a Multi-Million Dollar Scheme
Daniel Small, a former portfolio manager for Platinum Partners L.P. (Platinum), was convicted today by a federal jury in Brooklyn on charges of securities fraud and securities fraud conspiracy for his role…
‘They Will Go After Small Business’: Fox Business Host Decries ‘Weaponized’ IRS
‘They Will Go After Small Business’: Fox Business Host Decries ‘Weaponized’ IRS Harold Hutchison on August 9, 2022 A Fox Business network host claimed during a Tuesday morning appearance on Fox News…
U.S. small business sentiment edges up in July, NFIB says
(Reuters) – U.S. small business confidence edged up in July as fuel prices eased and job openings became marginally easier to fill, but inflation worries intensified, a survey showed on Tuesday. The…
This Small Tech Firm With Just 25M In Revenue Surged To Be A Top 15 International Company, And No One Knows Why
This Small Tech Firm With Just 25M In Revenue Surged To Be A Top 15 International Company, And No One Knows Why Max Keating on August 2, 2022 A Hong Kong-based tech firm sold…
OPEC+ to weigh holding oil output steady or small hike, sources say
By Alex Lawler and Ahmad Ghaddar LONDON – OPEC and its allies will consider keeping oil output unchanged for September when they meet next week, despite calls from the United States for…
Russia central bank proposes banning small investors from buying foreign shares
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Russia’s central bank has proposed banning Russians with holdings worth less than $550,000…
Toyota and partners to develop small electric vans and fuel cell electric trucks
TOKYO – Toyota Motor Corp said on Tuesday it would work with allied automakers to develop small electric commercial vans and light-duty fuel cell electric trucks. The models will be developed for…
U.S. Treasury approves $940 million in small business capital funds for nine states
By David Lawder WASHINGTON – The U.S. Treasury Department on Monday said it approved nine state plans for the State Small Business Credit Initiative worth $940 million, bringing total approvals under the…
Coweta Man who Fraudulently Obtained Almost $200,000 in Loans from the Small Business Administration Pleads Guilty
A Coweta man who received $192,071 from the Small Business Administration after fraudulently applying for an Economic Injury Disaster Loan (EDIL) and a Paycheck Protection Program (PPP) loan pleaded guilty in federal…
Central Georgia Bookkeeper Sentenced for Defrauding Three Small Businesses
MACON, Ga. – A Putnam County, Georgia, resident who admitted to stealing $156,734.76 from three small businesses that employed her as a part-time bookkeeper was sentenced to prison for her crime and ordered…
U.S. small business sentiment drops near 9-1/2-year low in June- NFIB
WASHINGTON – U.S. small-business confidence dropped to the lowest level in nearly 9-1/2 years in June amid concerns about inflation, but demand for labor remained solid as businesses continued to grow their…
For EV battery makers, it’s go small or go home
By Nick Carey and Paul Lienert CAMBRIDGE, England – In the race to go electric, carmakers have focused on range to ease consumer anxiety over charging infrastructure, but battery makers are already…
Six People Charged with Fraudulently Obtaining Loans Meant To Help Small Businesses During COVID-19 Pandemic
NEWARK, N.J. – Six Essex County, New Jersey, residents were arrested today for scheming to fraudulently obtain Paycheck Protection Program (PPP) loans, U.S. Attorney Philip R. Sellinger announced. Nyan Terry, aka “Racks,”…
Camden County Woman Admits Fraudulently Obtaining 30 Loans Meant to Help Small Businesses During COVID-19 Pandemic
CAMDEN, N.J. – A Camden County, New Jersey, resident today admitted conspiring to fraudulently obtain 30 Paycheck Protection Program (PPP) loans and Economic Injury Disaster Loans (EIDL) totaling more than $3 million,…
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