Anti-Amazon
Growing Number Of Businesses Position Themselves As “Anti-Amazons” The Wall Street Journal (6/16, Mattioli, Subscription Publication) reported on the “growing group of businesses and organizations positioning themselves as anti-Amazons” and “working to unite small businesses that have lost sales and margins to the e-commerce giant and tap into concern...
Who Would Have Thought?
Williams: Expanded Unemployment Benefits A Powerful Disincentive To Find Work. Jonathan Williams, executive vice president of policy and chief economist at the American Legislative Exchange Council, wrote in The Hill (6/13) that “economists across the ideological spectrum” agree that expanded unemployment benefits “would encourage people not to work, thereby...
Army Looking for a Few Good Businesses
US Army Looking For Small Businesses To Advance RCV Sustainment Defense Daily (5/6, Subscription Publication) reported the US Army “announced Thursday it is starting a new small-business cohort looking for innovative ideas to apply sensor capabilities for sustainment of its future fleet of Robotic Combat Vehicles (RCV).” Phase one...
Payment Service
Plastiq’s Move To Service Small Business Puts It Competition With PayPal Payments Source (5/7, Adams) reported payment technology firm Plastiq “originally served only consumers, and it switched its focus to small to medium-sized businesses right before the pandemic strained cash flows.” The move “put Plastiq in competition with a...
Hard to Find Help
Advertisement McConnell: Biden Stimulus Has Created Labor Shortage The Washington Post (5/6) reported that last Thursday, Senate Minority Leader McConnell “alleged that the Biden administration’s stimulus law, which included $1,400 checks and new unemployment assistance for millions of Americans, had created a massive labor shortage that threatens to hold...
PPP Loans
Lawmakers Look To Extend PPP Through May USA Today (3/12, King) reported the Paycheck Protection Program “will stop taking applications March 31” despite “a backlog of requests that have been unable to move quickly through the system and might not be processed in time,” so lawmakers are “scrambling to...
PPP loans to small businesses under 20 employees
PPP To Offer Exclusive Loan Application Window To Businesses With 20 Or Fewer Employees The Hill (2/22, Chalfant) reported President Biden “will announce policy changes to the Paycheck Protection Program (PPP) aimed at targeting assistance to businesses that employ 20 or fewer workers and those that are minority-owned.” Biden...