Coca-Cola says it’s done raising prices in the U.S. and Europe this year
For has been raising prices on its drinks to combat higher costs. But the company said Wednesday it’s done hiking prices this year in developed markets like the U.S. and Europe. Coke follows the lead of rival which said in February it wouldn’t raise prices beyond its usual hike for beverages in the fourth quarter. Both…
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Franchising industry holds its breath as FTC takes a closer look at regulations
Last month, the Federal Trade Commission wrapped up a public comment period in response to its request for information on the sector and its business practices. The agency sought input from stakeholders, including franchise operators, workers and parent corporations, as it scrutinizes franchising practices. It has survived not only five centuries, but also the leap into…
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Main Street’s labor problem is weighing on businesses as summer hiring picks up
As summer arrives, Alison Schuch, owner of Fells Point Surf Co., is down about 10 workers at her two beach retail locations as a perfect storm of reasons drives a post-pandemic hiring crunch. A lack of affordable summer housing, scant child-care availability, inflation and the rebalancing of work and life in recent years have combined…
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IRS weighing guidance for small business tax credit, taxpayer advocate says
After a flood of business returns with a pandemic-era tax credit, the IRS is weighing guidance for those who wrongly claimed the tax break. The employee retention credit was created to support small businesses during the Covid-19 pandemic. There’s still time to amend returns and claim the credit, which is worth up to $5,000 per employee for…
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In debt ceiling threat, these are banking moves every small business should make
It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum. It is a long established fact that…
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How to keep your business deposit cash safe during a banking crisis
You might think that small businesses, which are more likely than the average depositor to have accounts above the federal deposit insurance limit of $250,000, might be uneasy about the U.S. banking system. And you would be right. The past two months have been rough on the U.S. banking system: Three fast-growing regional banks failed…
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