News

News

SVB’s Failure Impacts Small Businesses

Small businesses went into panic mode when news of SVB’s failure reached them, reports Business Insider.

Vanessa Pham was showing off her lemongrass BBQ sauce and yuzu miso glaze at the annual conference Expo West last Thursday when she first heard about Silicon Valley Bank's struggles.

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Checking On Credit Reporting Companies

According to Inc. the FTC is looking into how small business credit reporting companies operate. 

The Federal Trade Commission has ordered five small-business credit reporting firms to provide information regarding their products and processes as part of a formal inquiry. The firms are Dun & Bradstreet, Experian Information Solutions, Equifax, Ansonia Credit Data, and Creditsafe USA.

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Family and Medical Leave on Table for Minnesota

Small businesses wait to see if Minnesota becomes the latest state to pass a bill for paid family and medical leave, reports KTTC

Minnesota could soon be the eleventh state to pass a bill for paid family and medical leave, allowing up to 24 weeks of leave, but this opens a larger conversation about how and who will pay for it.

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