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Australian businesses will be required to pay staff superannuation at the same time as wages starting next month. The change aims to reduce unpaid super but raises cash-flow concerns for some small firms.
mining.comSens. Angela Alsobrooks and Dave McCormick will introduce legislation Thursday to help small businesses obtain Export-Import Bank financing for overseas sales. The measure would create a pilot program directing the bank to work with state and local institutions.
AI tools help entrepreneurs lower expenses and speed up operations when starting and running businesses. Business owners report that costs have dropped while efficiency has increased.
smallbiztrends.comThe Small Business Administration stopped approving loans to firms without full U.S. citizen ownership in March 2026. The change affects legal permanent residents who previously qualified for the program.
Independent third-party sellers say Amazon fees have increased from about 35 cents to more than 50 cents per dollar of revenue since 2011. Several sellers have begun listing products on TikTok, Walmart.com, Target Plus, and their own websites.
Washington ExaminerThe veteran-founded distillery received a $25,000 prize and national television exposure for its tribute to military service ahead of America's 250th anniversary.
The IndependentA kombucha producer, campervan converter and electric-bike maker were among eight national winners named at the 2026 Small Business Growth Awards. The event drew roughly 2,800 entries and was held at The Savoy on Thursday.
thenation.comThe American Booksellers Association reported membership growth of more than 500 stores over the past year. Total membership now stands at 3,417 stores operating at 3,783 locations.
BenzingaA Tennessee concrete company owner earning $410,000 annually discussed debt repayment with Dave Ramsey. The caller reported nearly $100,000 in car loans alongside a new mortgage.
FortuneThe American Booksellers Association reported 3,417 member stores at 3,783 locations. The total is nearly triple the number from a decade ago.
Krista LeRay started Penny Linn Designs in 2020 after returning to needlepoint during the pandemic. The company reached roughly $10 million in revenue within five years. Early sales required hand-painting each canvas, which limited initial profit margins.
kpbs.orgReports indicate fewer seasonal positions are available at summer camps and small businesses compared with prior years. The reduction affects hiring patterns for temporary roles typically filled during warmer months.
dataquest.ioCBS News business analyst Jill Schlesinger discussed preparations for launching a business during an appearance on CBS Mornings. She recommended testing ideas while employed and reviewing insurance and tax obligations.
The federal government will introduce legislation on Thursday that links capital gains tax changes, negative gearing restrictions, and income tax relief. Labor plans to rely on the Greens to pass the bill in the Senate.
manilatimes.netApex Auto Solutions Inc announced a new app on May 25, 2026, that links users to insurance and financing options from selected providers. The platform allows comparison of auto, personal, and business products in one interface.
bbc.co.ukMario Habib has operated a barbershop in Beirut's Furn el Chebbak neighborhood for nearly 20 years. The business has remained open during multiple wars, an economic collapse, and ongoing political instability in Lebanon.
nypost.comA 124-year-old Brooklyn bakery shut down last month after its state operating license was revoked for health-code violations. The owner had publicly cited family time and repair costs as reasons for closing.
BenzingaA Michigan elementary school teacher and her husband spent nearly their entire savings to open a restaurant that closed after 16 months, leaving them with $52,000 in credit card debt. The couple now faces marital strain and questions from their children about losing their home.
onlinejournalismblog.comProfessionals can use ChatGPT to record their processes and turn existing content into courses, resource libraries, AI tools, challenges, and diagnostics. The prompts guide users through creating each product type from their own expertise.
BenzingaA 66-year-old IT business owner posted on Reddit in January that revenue fell from $80,000 annually to roughly $1,200 per month. The post described $70,000 in credit card debt spread across ten cards plus an SBA loan and medical bills.
citizen.co.zaFour individuals described side businesses that each produce at least $2,000 per month. Bankrate data cited in the coverage placed median side-hustle earnings at roughly $200.
A federal court in Texas issued a split decision in an April case involving a company and the IRS. The ruling addressed tax treatment of micro-captive insurance arrangements used by some small businesses.
TimeMayor Zohran Mamdani announced the first two locations for city-owned grocery stores that will waive rent and taxes to offer discounted prices. The initial store is scheduled to open next year in the Bronx, with a second planned for East Harlem by 2029.
techcentral.co.zaMany small business owners purchase insurance to meet initial requirements and renew it annually without updating coverage. Experts note that changes in operations, staff size, and services can leave gaps in protection for both common and less visible risks.
New York PostA survey of 1,000 U.S. small business owners shows many handle multiple roles and turn to AI for research and design. The study was commissioned by Adobe Express.
ForbesA Bookkeeper360 executive explains how companies determine when they must register and pay taxes in multiple states. The article covers sales tax nexus rules, income tax withholding, and payroll obligations.
A Forbes contributor outlined five ChatGPT prompts designed to help small business owners identify repetitive tasks, automate admin work, and redesign workflows around AI agents.
New York PostThree bagel shops operate within steps of each other on West 35th Street between Seventh and Eighth Avenues. The block has seen growing lines from locals, office workers, and tourists.
espn.comOn May 19, 2026, the President signed H.R. 972, H.R. 2066 and H.R. 2815 into law. The measures address land boundaries in Nevada, leverage limits for small-business investment companies, and land selection rights for an Alaska Native corporation.
Shadow Treasurer Tim Wilson will announce the 'Stand with Small' campaign in a National Press Club speech. The move follows business criticism of government capital gains tax changes.
Pride of our Footscray has run without public liability coverage since 2024 after 18 insurers declined to underwrite the venue. Owner Mat O'Keefe said the business would face bankruptcy if a serious claim arose.
Fox’s General Store in Corner Brook will close at the end of September and reopen in May. Owner Michelle Payne cited economic conditions as the reason for the change. The store has operated continuously for 16 years under her ownership.
westernjournal.comPayPal signed a settlement with the Department of Justice on May 12 resolving an investigation into its 2020 program guaranteeing $530 million for Black and minority-owned businesses. The company will waive $30 million in processing fees for $1 billion in small business transacti…
supermarketnews.comA new report from payroll software firm Gusto shows entrepreneurs are increasingly using artificial intelligence to accelerate the launch of new businesses. Gen Z is at the forefront of the trend, according to the findings. NPR reported the details on May 14, 2026.
PayPal will waive $30 million in processing fees for $1 billion in small business transactions under a settlement signed May 12 that resolves a DOJ probe into its 2020 initiative guaranteeing $530 million for Black and minority-owned businesses. The agreement requires no admissio…
rte.ieFederal payments began flowing on May 12, 2026, to importers hit by tariffs imposed under the International Emergency Economic Powers Act. Small business owner Sarah Wells received $10,000 that morning. The government has approved nearly 87,000 refund requests totaling more than…
The federal government announced a 30 percent minimum tax on trusts' taxable income starting July 2028, replacing the current system that allows income splitting among beneficiaries. The change affects more than 840,000 family trusts, with about 90 percent of private trust wealth…
smallbiztrends.comAnthropic announced Claude for Small Business on Wednesday, a suite of automated services and integrations aimed at the 36 million U.S. small businesses that account for 44% of GDP. The features become available via a toggle in Claude Cowork and include bookkeeping, business insi…
insurancejournal.comPayPal will waive an estimated $30 million in processing fees for roughly $1 billion in transactions and launch a new race-neutral small business initiative to resolve a Justice Department probe. The settlement, announced May 12, 2026, includes no admission of wrongdoing and come…
New York PostA new coalition of more than 50 immigrant business chambers has raised over $1 million to fight Mayor Mamdani’s proposal for five city-owned supermarkets that would receive free rent and tax breaks. The group plans to appear at a City Council hearing tentatively set for May 29 an…
The GuardianFederal agencies have begun processing tariff refunds for importers following a Supreme Court decision that struck down tariffs imposed under the International Emergency Economic Powers Act. An estimated 330,000 importers paid more than $166 billion in fees.
Unpredictable outages and curbs on messaging apps such as Telegram have created communication problems for Russian small businesses that rely on digital platforms for sales. The restrictions, which include limits on VPNs and periodic mobile internet shutdowns, have affected milli…
FortuneGusto, a provider of HR and payroll software for small businesses, surpassed $1 billion in revenue for the 12 months ending in February. The company, which began as ZenPayroll in 2011, now serves more than 500,000 customers and employs about 3,000 people.
manilatimes.netZoom has selected five solo business owners to receive $30,000 grants each as part of its inaugural Solopreneur 50 list, highlighting top independent entrepreneurs. The rankings, drawn from nearly 3,000 applications, emphasize sustainable businesses enabled by technology. Winners…
Natasha Akpoti / Wikimedia (CC BY-SA 4.0)Jeanne Hermans, a Dutch glovemaker, produces handmade gloves worn by Hollywood celebrities. She states that while public attention from celebrity endorsements is notable, the work remains unpaid. Hermans highlights the time-intensive nature of her craft and the challenges of rely…
Substrate placeholder — needs reviewA business owner who operated a photography studio as a solopreneur for 20 years closed the business in his 50s to pursue new opportunities. He described the decision as part of a midlife career reinvention. The account details his shift from brick-and-mortar operations to explor…