Elon Musk has been pushing the X brand since before the turn of the century, starting with online banking site X.com in 1999. Musk has been open about his love of the letter X for a long time. Many people are only becoming aware of it now that he’s folded one of the largest social…
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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…
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…
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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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…
For many entrepreneurs, the sale or transfer of a business is like giving up a baby they have raised from infancy. Certainly, there’s a lot at stake economically, given that 80% to 90% of owners have their financial wealth locked up in their companies, according to estimates from the Exit Planning Institute, an education, training…
WhatsApp is already widely popular with U.S. consumers. Now Meta turning more attention to building its small business base. The Facebook parent company launched WhatsApp Business in 2018 with free, simple tools to help small businesses keep in touch with customers, offering a way for them to directly interact, search for products and indicate purchasing interest.…