News published on Business Daily in May 2025

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News from May 2025

Fuel prices drop as hurricane season looms

By Business Daily | May 29, 2025

With crude oil prices hovering in the low $60s per barrel, drivers across the nation are seeing a decrease in fuel costs.
Organizations urged to support employees through infertility-related mental health challenges

By Business Daily | May 29, 2025

The journey to starting a family can be emotionally challenging for many employees, especially when facing fertility struggles that may affect mental health.
AI startups establish base at SparkHaus innovation hub

By Business Daily | May 29, 2025

SparkHaus, located in Northern Kentucky, is emerging as a key destination for artificial intelligence startups.
SBA approves over $2M in relief funds after New Jersey sinkholes

By Business Daily | May 29, 2025

The U.S. Small Business Administration (SBA) has approved over $1.8 million in federal disaster loans to aid New Jersey businesses and private nonprofit organizations affected by sinkholes on Interstate 80 that occurred on December 26, 2024.
SBA approves over $2M in relief loans after New Jersey sinkholes

By Business Daily | May 29, 2025

The U.S. Small Business Administration (SBA) has approved over $2 million in federal disaster loans to aid New Jersey businesses and private nonprofit organizations affected by sinkholes on Interstate 80, which occurred on December 26, 2024.
Germany announces 10% digital tax targeting US companies

By Business Daily | May 29, 2025

Germany's Culture Minister, Wolfram Weimer, has announced plans to impose a 10% tax on the revenues of digital services providers, primarily targeting U.S. companies.
Governor celebrates new aerospace facility creating jobs

By Business Daily | May 29, 2025

MORGANTOWN, Ky. – Governor Andy Beshear attended the grand opening of Aerospace Composites Solutions' (ACS) new facility in Morgantown on May 29, 2025.
WhatsApp introduces new creative features for enhanced status updates

By Business Daily | May 29, 2025

WhatsApp has announced the introduction of four new features to enhance its Status functionality.
Boeing donates $150K for tornado recovery in Missouri and Kentucky

By Business Daily | May 29, 2025

Boeing has announced a donation of $150,000 to aid tornado recovery efforts in St. Louis and southern Kentucky.
Brown‑Forman names new distributors after completing RFP process

By Business Daily | May 29, 2025

Brown-Forman Corporation has completed its Request for Proposal (RFP) process to appoint new distributors in select U.S. markets.
SBA opens business recovery center in Weslaco after severe storms

By Business Daily | May 29, 2025

The U.S. Small Business Administration (SBA) has announced the opening of a Business Recovery Center (BRC) in Hidalgo County to aid small businesses, private nonprofit organizations, and residents affected by severe storms and flooding from March...
SBA opens loan outreach center in Florissant after severe weather

By Business Daily | May 29, 2025

The U.S. Small Business Administration (SBA) has announced the opening of a Disaster Loan Outreach Center in St. Louis County, Missouri, to assist those affected by severe weather events in March.
TechNet urges OSTP to boost US AI R&D funding amid China's growing investment

By Business Daily | May 29, 2025

TechNet has submitted a comment to the National Science Foundation for the White House Office of Science and Technology Policy (OSTP) regarding the development of a 2025 National Artificial Intelligence R&D Strategic Plan.
App Store facilitates record-breaking developer sales of $406B in US during 2024

By Business Daily | May 29, 2025

Apple has announced that the App Store ecosystem in the United States facilitated $406 billion in developer billings and sales in 2024.
Insurance Information Institute links attorney ads with rising insurance costs

By Business Daily | May 29, 2025

The Insurance Information Institute (Triple-I) has published a new issues brief titled "Legal System Abuse and Attorney Advertising for Mass Litigation: State of the Risk."
SBA opens disaster loan outreach center in Hardy

By Business Daily | May 29, 2025

The U.S. Small Business Administration (SBA) has announced the opening of a Disaster Loan Outreach Center (DLOC) in Sharp County, Arkansas.
SBA offers low-interest disaster loans after Mississippi storms

By Business Daily | May 28, 2025

In response to a presidential disaster declaration issued on May 21, 2025, the U.S. Small Business Administration (SBA) has announced low-interest disaster loans for Mississippi businesses and residents affected by severe storms, straight-line...
SBA offers disaster relief loans to Missouri nonprofits hit by March storms

By Business Daily | May 28, 2025

The U.S. Small Business Administration (SBA) has announced the availability of low-interest federal disaster loans for private nonprofit organizations in Missouri affected by severe storms, straight-line winds, tornadoes, and wildfires that...
Papa Johns announces participation in Oppenheimer consumer growth conference

By Business Daily | May 28, 2025

Papa John's International, Inc. has announced its participation in the 2025 Oppenheimer Consumer Growth and E-Commerce Conference.
Apple releases updated Logic Pro with new features for Mac and iPad

By Business Daily | May 28, 2025

Apple has unveiled updates to Logic Pro for both Mac and iPad, enhancing beat-making and music production capabilities.

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