This article summarizes the Department of Labor’s priorities for 2010, broken down by department. Generally it appears the DOL plans to be a more active voice on behalf of employees and unions.
Of particular interest to small business owners will be the renewed focus on transparency in and enforcement of wage and hour and overtime rules [...]
SBA-guaranteed lending was significantly higher in the last quarter of 2009 when compared to the last quarter of 2008. As reported by the L.A. Times:
“A total of $3.8 billion in 12,393 SBA-backed loans was distributed throughout the U.S. from Oct. 1 to Dec. 31 of last year, up from $1.9 billion by way of 9,070 [...]
Good article in BusinessWeek about a “new” federal program (approved as part of last February’s stimulus package, but not yet active) designed to encourage small business lending.
The Small Business Administration will, for the first time, provide guarantees for 504 loans sold into the secondary market. It’s common practice for lending banks to bundle groups of [...]