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NEW DELHI – Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced a new memorandum of understanding (MOU) between the SBA and the Republic of India’s Ministry of Micro, Small and Medium Enterprises (MSMEs) to strengthen the two countries’ joint work to promote MSME participation in the global marketplace. The agreement, signed by Administrator Guzman and the Indian Ministry for MSMEs in New Delhi on August 13, is the SBA’s first...

The national average for a gallon of gas has reached $3.44, falling by just a penny since last week. Meanwhile, the national and state averages for Level 2 (L2) commercial electricity have remained unchanged over the past two weeks.

Apple Card has been recognized as the Best Co-Branded Credit Card for Customer Satisfaction with No Annual Fee in the J.D. Power 2024 U.S. Credit Card Satisfaction Study.

Morgan Stanley today declared a regular dividend on the outstanding shares of several preferred stock issues.

A report from the American Tort Reform Association found that Los Angeles-based personal injury attorney Jacob Emrani spent $13,751,794 on legal services advertisements in California in 2023. He is now facing a lawsuit alleging that he uses "predatory fees" to fund his advertising budget.

On August 14, 2024, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet, announced that the Biden-Harris Administration has significantly increased SBA lending to Black-owned businesses while also doubling small-dollar lending and lending to Latino- and women-owned small businesses. This announcement coincides with a record 19 million new business applications filed under the current administration.

The American Tort Reform Association (ATRA) announced that California has been placed on its "Heat Watch" list in the latest Legislative HeatCheck report. This designation highlights concerns over a surge of proposed legislation that could significantly increase liability in the state.

Baxter International Inc. and Carlyle have entered into a definitive agreement for Carlyle to acquire Baxter's Kidney Care segment, to be named Vantive, for $3.8 billion. The transaction is expected to close in late 2024 or early 2025, subject to regulatory approvals and other conditions.

A report from Amazon announced that over 11,000 independent sellers across Ohio made an average of $230,000 worth of sales annually.

Dan Simkowitz, Co-President of Morgan Stanley, will speak at the Barclays Global Financial Services Conference on September 10, 2024, at 11:15 a.m. (ET).

On August 12, 2024, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA), announced the signing of a memorandum of understanding (MOU) between the SBA’s Office of Veterans Business Development (OVBD) and the U.S. Department of Veterans Affairs (VA) Veterans Benefits Administration (VBA). This partnership aims to enhance access to self-employment assistance and SBA training for active-duty service members and service-disabled veterans participating in the Veteran Readiness & Employment Program (VR&E), also known as Chapter 31. The MOU will...

The Goldman Sachs Group, Inc. has announced that its Chairman and CEO, David Solomon, will be speaking at the Barclays 22nd Annual Global Financial Services Conference.

Amazon has announced the opening of its new 125,000 square-foot delivery station in Boone County, Florence. The facility will employ over 150 full-time associates who will handle sorting, picking, and loading for last-mile deliveries.

Amazon announced that during the Global Month of Volunteering, its team members from more than 50 countries engaged in over 4,000 events, both virtual and in-person, and provided support to over 400 organizations. The company collaborates with thousands of global partners annually to address critical social issues and strengthen communities.

On Thursday, August 8, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet representing over 34 million small businesses in America, visited Irvine, California. She delivered remarks at the final White House Initiative on Asian Americans, Native Hawaiians, and Pacific Islanders (WHIAANHPI) Economic Summit alongside U.S. Trade Representative Katherine Tai.

Amazon has announced a study comparing counties with its investments to similar counties without such investments. The research used various analytical methods, including panel regressions and synthetic control, to assess the impact of Amazon facilities on standard economic outcomes like the employment-to-population ratio and median household income.

Falling by just three cents since last week, the national average for a gallon of gas hit $3.45, similar to the price in June. Meanwhile, the national and state averages for Level 2 (L2) commercial electricity remain the same as a week ago.

Amazon has announced the release of its 2024 Economic Impact Report, which provides data on the company's investments and their effects on the economy and job growth. Amazon was ranked No.1 Investment Hero by the Progressive Policy Institute for its leading U.S. investments.

Enclave Coworking has announced a free coworking day for locals at their Elmhurst location.

The State Farm mobile workforce trained to handle catastrophe claims is activating their on-site response for Hurricane Debby. Helping the residents of the impacted areas is the first critical step on the road to recovery.