Companies that small businesses rely on every day for their technology and services made some big announcements in the past week. Check out what’s new from companies like Meta, Mastercard, HP, and Apple in this week’s Small Business News Roundup. Small Business News Roundup SBA Recovery Centers in Hawaii Remain Open to Assist Those Impacted…

Hiscox, a global specialist insurer, has announced the launch of a new digital Professional Liability product specifically designed for contractors. This insurance offering includes tailored versions for both general contractors and artisan subcontractors, making it a unique product in the market due to its digital availability. Professional Liability for General Contractors The newly launched Professional…

The Internal Revenue Service (IRS) announced today that interest rates will remain unchanged for the fourth quarter of 2024, continuing the rates that have been in place. These rates apply to overpayments and underpayments for the calendar quarter beginning October 1, 2024. For individual taxpayers, the interest rate for both overpayments and underpayments will be…

LinkedIn has released a new report highlighting a significant increase in entrepreneurial aspirations among Black professionals. The report, titled “Black Business Boom,” reveals that 77% of Black professionals aim to start their own business or become entrepreneurs within the next year. This surge in entrepreneurship is driven by a combination of economic factors, personal aspirations,…

In a recent op-ed originally published in The Economist, Mark Zuckerberg, CEO of Meta, and Daniel Ek, CEO of Spotify, highlighted the critical need for Europe to embrace open-source AI technology while cautioning against the continent’s current regulatory environment. The two tech leaders argue that Europe’s complex and fragmented regulations could cause the region to…

Salesforce, the leading CRM platform for sales, has unveiled two new autonomous AI sales agents: Einstein Sales Development Rep (SDR) Agent and Einstein Sales Coach Agent. These innovative tools are designed to help sales teams streamline their processes and increase efficiency. Both agents will be generally available starting in October 2024, with additional features rolling…

Mastercard has announced enhancements to its Open Banking for Lending program, in collaboration with Argyle, aimed at simplifying the lending process and empowering consumers with greater control over their financial lives. The program now offers new features that enable income and employment verification for an estimated 95 percent of the U.S. workforce, ultimately driving smarter…

Asphalt Specialists LLC, a company based in Pontiac, Michigan, has been sentenced to pay a $6.5 million criminal fine for its involvement in bid-rigging conspiracies related to asphalt paving services contracts in the state of Michigan. The sentencing comes after the company pleaded guilty on January 30 to charges stemming from its participation in two…

Ford Motor Co. and Mazda North American Operations have issued urgent “Do Not Drive” warnings for more than 457,000 vehicles equipped with recalled, unrepaired Takata air bags. Vehicle owners are strongly urged not to drive these vehicles until the free repair is completed and the defective air bag is replaced. Affected Vehicles: Ford’s Warning: Covers…