US House Passes 7 Small Business Bills – 2 for PPP and EIDL Loan Fraud | Small Business Trends

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The slew of bills includes legislation to extend the statute of limitations on small business pandemic fraud cases, enhance workforce development offerings, and improve the procurement process for small businesses. Among the bills passed two would establish a ten-year statute of limitations for prosecutions related to fraud related to the Paycheck Protection Program (PPP) and COVID-19 Economic Injury Disaster Loan (EIDL).

“These seven bills will help make key SBA programs more secure, accessible, and focused on the most pressing challenges for small firms”, said Chairwoman Nydia M. Velázquez of New York.

What are the resolutions?

The bills are designed to promote policies that encourage small business development, hold small business pandemic fraudsters accountable, develop the small business workforce, and support small contractors doing business with the federal government.

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How Staffing Agencies Work | business.com

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Employers in need of temporary workers can partner with staffing agencies to find qualified candidates quickly.

If you are an employer and have ever found yourself in need of temporary staffing, then you have experienced a need that staffing agencies can help with. Staffing agencies match willing candidates with employers in need of staffing assistance.

What do staffing agencies do?

Staffing agencies, also known as recruitment agencies or temp agencies, match companies that have short-term staffing needs with candidates who are looking to work for short periods or want to try out a new job. They usually specialize in a particular industry or type of work, but they tend to work similarly, regardless of the type of position or industry.

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T-Mobile just achieved 3Gbps 5G speeds without mmWave | Digital Trends

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T-Mobile is setting out to prove that carriers don’t need to deploy extremely high-frequency mmWave technology to get blazing fast speeds. Thanks to Carrier Aggregation technology, the “Un-carrier” has demonstrated performance of 3Gbps download speeds on good old-fashioned low-band and mid-band 5G channels.

In a press release today, T-Mobile revealed that it has reached these unprecedented speeds for the first time ever on a commercial device; in this case, a Samsung Galaxy S22 powered by a Snapdragon X65 modem. “This test demonstrates the incredible power of mid-band spectrum and represents another huge step forward for stand-alone 5G,” said Neville Ray, President of Technology at T-Mobile.

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Novice Entrepreneur’s Guide to Start a Business | The Startup Magazine

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Among the most exciting and gratifying experiences you can have, is to start a business. But, where do you begin? There are many different ways to start a business but consider your business idea, the time you will invest, and the money you want to invest before making any decisions. Starting a company needs meticulous financial, legal, and strategic preparation. You’ll find some simple measures and startup tips to help you get your business off to a good start below.

Are you Ready?

It’s more about mentality than timing when choosing if you’re ready to start a business. Are you willing to win? If you didn’t respond yes, you should think about whether entrepreneurship is the right route for you. The fact is that announcing your intention to establish a business is simple. But executing it, converting nothing into something profitable, may be more complicated. You must also be psychologically prepared to take on a challenge. Why? There will be hurdles, such as designing advertising that encourage sales. If your mind isn’t in the right place, any failure might be harmful. That’s why you should consider hiring small business advisors for a good start and progress your business in the right path.

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Covid: US to drop test requirement for air travelers | BBC News

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The US will no longer require air travelers to have proof of a negative Covid-19 test before entering the country from abroad.

Officials said they were dropping the requirement due to the “tremendous progress” the country had made in the fight against the virus.

The travel industry has been pushing for an end to the policy, which they say has deterred bookings, as families fear getting stranded abroad.

The change comes into effect on Sunday.

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How Businesses Can Survive Inflation and Recession | Inc.com

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As we all gradually get over the massive economic and societal hurdles the Covid-19 pandemic brought about, the U.S. economy is sliding into more drama: inflation and recession.

Prices are rising, supply chains are still in turmoil, and customers and business owners alike are pinching every penny as their lives get more expensive. Economists agree that this high inflation could be long-lasting and play a major part in the oncoming recession. They see hard times ahead, particularly for small business owners and new entrepreneurs.

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As startup layoffs continue, some perspective | TechCrunch

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Per Layoffs.fyi, a layoff tracker, over 16,000 tech workers lost their jobs in May, and June is off to a similarly brutal start. TechCrunch’s senior reporter Amanda Silberling and I have accidentally, and unfortunately, started working on a weekly column about the tech layoffs; what first started as a tip-over moment at Thrasio has soon expanded to startups regardless of sector, financing stage or if they had obvious growth tensions or not.

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What Is an Impact-Driven Business Model and How Can It Benefit You? | Entrepreneur

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When we think about a diversified business model, it’s almost always followed by thoughts of multiple streams of income. Sounds wonderful. Wouldn’t we all love money coming in from many different sources? Better yet, let some of those sources be passive income streams and we can just sit back and watch the money roll in, right? It doesn’t exactly work like that, though.

If you’re like many entrepreneurs, you probably also spend a great deal of your time and energy on parts of your business that you intend on being future income streams that aren’t paying off quite yet. They may be efforts that aren’t currently bringing in the dough but are what you intend to be the future of your business and primary income sources.

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Filtering Nanoplastics From Drinking Water | Cool Business Ideas to Start in 2022

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Today’s filtration technologies do a wonderful job of producing potable water, but the spread of plastic waste throughout the environment means there are new threats to contend with. A new study has investigated the performance of different techniques when it comes to removing nanoplastics from water, and shown that biologically active systems known as slow sand filters can remove the tiny particles with 99.9 percent efficacy.

As the even smaller sibling of already troubling microplastics, nanoparticles have come into focus as a big problem as scientists deepen our understanding of plastic pollution. Where microplastics that measure less than 5 mm (0.2 in) are notoriously difficult to track and threaten the livelihood of organisms such as marine life, it is becoming clear that nanoplastics might pose their own unique set of problems.

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Kohl’s puts up a for-sale sign | CNN

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Kohl’s may soon have a new owner.

Kohl’s (KSS) said late Monday that it had entered into a three-week exclusive negotiation period for a potential sale with Franchise Group (FRG), a holding company which owns The Vitamin Shoppe and other retail brands.

Franchise Group has proposed to buy Kohl’s for $60 a share. Kohl’s stock closed at $42.12 on Monday and rose 10% during early trading Tuesday on the news. The deal would value Kohl’s at around $8 billion, The Wall Street Journal reported, about 5 times more than it was worth last week.

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