Thursday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed the Owner of Refined Men’s Salon in Franklin, Tennessee, Julie White to reflect upon the onset of coronavirus restrictions.Read More
A new report from the payroll company PayChex ranked the states in order of small business job growth and Arizona came out No. 1, with nearly 6% growth over the past year. Phoenix ranked third among the country’s 20 most populated cities. The Arizona Legislature released a report shortly before that showing Arizona is in great condition, breaking records. The state passed historic tax cuts this year, preventing a 77% increase on small business taxes, reducing small business property taxes by 10%, and capping the maximum tax rate on businesses at 4.5%.
Frank Fiorelle, vice president of risk, compliance and data analytics at Paychex, explained that a lot of the job growth is due to the pandemic ending. “A lot of those restaurants are coming back online, opening the doors and turning on the lights, he said. He added that states which reopened their economies earlier have higher job creation rates.Read More
Private companies added 330,000 jobs in July, far fewer than expected and the lowest amount since February, according to a major payroll report.
The 330,000 jobs added to private payroll last month represented a significant decline from the 680,000 jobs added in June, the ADP National Employment Report showed. Economists predicted that private companies would add 653,000 jobs in July, nearly double the number reported Wednesday, according to CNBC.Read More
Monday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed the original all-star panelist Crom Carmichael in studio to clarify the definition of infrastructure and the systemic crushing of the middle class.Read More
Multiple home barbecue companies are going public after a successful year and a half amid the COVID-19 crisis, an apparent reflection of increasing consumer orientation toward home cooking after many months during which dining out was sharply curtailed.
Traeger — a manufacturer of automated wood-pellet smokers — this week announced an initial public offering of 23,529,411 shares of common stock at as much as $18 per share. The company was expecting to realize around $400 million in the IPO.
The company in its IPO prospectus said it “more than doubled revenue from $262.1 million in 2017 to $545.8 million in 2020,” with huge surges in social media followings last yearRead More
Joe Biden’s Justice Department notched another victory last week in the agency’s sprawling investigation into the January 6 protest on Capitol Hill against Biden’s presidency.
On Wednesday, Michael Curzio pleaded guilty to one count of parading, demonstrating, or picketing in the Capitol building. The government offered the plea deal to Curzio’s court-appointed attorney in June; Curzio faced four misdemeanor charges, including trespassing and disorderly conduct, for his role in the Capitol breach.
Curzio will pay the government “restitution” in the amount of $500 to help pay for the nearly $1.5 million in damages the building reportedly sustained. (The Architect of the Capitol initially said the protest caused $30 million in damages but prosecutors have set the figure far lower.)Read More
Small business owners are continuing to have problems attracting new workers in the wake of the coronavirus pandemic and are trying to entice them with new incentives, a new report from the U.S. Chamber of Commerce shows.
“Small businesses are bearing the brunt of the current worker shortage,” said Tom Sullivan, vice president of small business policy at the Chamber. “Many have given up on actively recruiting new workers as it is too hard to find skilled and experienced workers for their open positions.”Read More
Government money that established grants for small businesses in Ohio has doubled since June and remains available, according to Ohio Gov. Mike DeWine.
DeWine initially established the grant program in June with $155 million in federal relief dollars. The fund doubled to $310 million at the beginning of July after DeWine signed the state’s new budget, which included the additional money approved by the General Assembly.
The money is meant to help small- and medium-sized businesses recover from the COVID-19 pandemic.Read More
Thursday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed Beth Harwell, former Speaker of the Tennessee House of Representatives to the studio to discuss successes and failures on the path to Speakership.Read More
Gov. Gretchen Whitmer on Tuesday vetoed a bill that would have given small businesses an option for a tax breaks.
The governor wrote a letter explaining she vetoed the bill because it was too costly and would “primarily benefit a small number of Michiganders.”Read More
President Joe Biden’s competition and antitrust executive order will harm American consumers, groups representing both large and small businesses said.
The leading groups — including the Chamber of Commerce, Job Creators Network (JCN) and the National Association of Manufacturers (NAM) — slammed Biden’s executive order, arguing that it will harm competition and present a host of challenges to small businesses. The business groups said the order is an example of big government attempting to exert control over the free market via onerous rules and regulations.
“This executive order amounts to a bizarre declaration against American businesses, from the largest to the smallest,” Small Business and Entrepreneurship (SBE) Council Chief Economist Raymond Keating said in a statement. “It’s hard to understand why a White House would go down such a path, especially as the economy is digging out from the COVID-19 disaster.”Read More
Last Thursday, Senate Majority Leader Chuck Schumer filed cloture on the nomination of Julie Su, California’s top labor official, to become President Joe Biden’s deputy secretary of labor.
Su’s confirmation vote will likely occur soon after the Independence Day Senate recess. That’s bad news.
After all, Su leads California’s Labor and Workforce Development Agency, presiding over one of the most anti-small business regimes in the country. If confirmed as second-in-command at the Department of Labor, she would use her position to expand California’s war on small businesses nationwide. On behalf of their small business constituents, Senators must oppose Su’s confirmation.Read More
As a very young man, I was fortunate enough to start my own company out of my apartment using a small amount of investment capital from friends and family. Over time, that business grew to have over 6,000 employees and revenues in excess of $2 billion. Over nearly a 40-year span, my team and I built what some would consider a remarkable track record, as measured by both sales and profits.
Because of my experience growing that business, I feel a special kinship with small, privately owned businesses and their owners. I also come from a middle-class background, one that shaped me into the person I am today. It is through both the lens of entrepreneur and member of the middle-class that I look through when reflecting upon this Independence Day.Read More
Just 6% of small businesses that were negatively impacted by the coronavirus pandemic have fully recovered their losses, a Job Creators Network survey showed.
The vast majority of U.S. small business owners continue to “claw their way out” of the hole caused by the coronavirus pandemic, according to the poll commissioned by small business advocacy group Job Creators Network (JCN) and shared with the Daily Caller News Foundation. While 6% of small business owners that suffered losses related to the pandemic said they have recovered, 43% believed they would be fully recovered within six months.Read More
Thursday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed The Huey Reports, Craig Huey to the studio who revealed the combination of left-wing groups conspiring to aid business elites and top corporations to destroy the small business owner.Read More
Wednesday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed Washington Correspondent for the Tennessee Star Neil McCabe to the newsmakers line to weigh in on his latest piece addressing the death tax of Joe Biden.Read More
Tuesday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed CEO of Job Creators Network and the man behind the iconic billboard in Times Square Alfredo Ortiz to the newsmakers line to talk about MLB Commissioner Manfred’s strikes and balls and the destruction of small business in America.Read More
A health care reform package the House passed Wednesday is creating a rift between the state’s business groups and the GOP.
Michigan business leaders formed a new Michigan Affordable Healthcare Coalition that aims to reduce health care costs without raising costs on small businesses.
In a Thursday afternoon press conference, business leaders voiced opposition to House bills 4346 and 4354, claiming they would raise health insurance premiums that are already a heavy burden for many businesses.Read More
In an effort to revive the legislation requiring the use of E-Verify for Tennessee employers with six or more employees, Rep. Bruce Griffey filed the necessary paperwork Thursday to recall the bill in accordance with a House rule.
Rule 53 of the House of Representatives Permanent Rules of Order for the 112th General Assembly allows for a process to recall a bill from committee. If the effort is successful, the bill will be scheduled directly to the House floor for a vote, bypassing the committee process that killed the bill.
A bill that was killed last week in the House Banking and Consumer Affairs Subcommittee would have reverted to the threshold required for E-Verify in legislation signed into law by Governor Bill Haslam in 2011 and remained in effect until 2016.
Currently, employers are required under state law to use the E-Verify program to confirm work authorization status of their employees, but only if they have 50 or more employees.Read More
Tennessee small businesses that experienced the largest increases in the number of employees over the past five years are exempt from the requirement to ensure that their employees are not illegal aliens through the use of the federal government’s e-verification system.
At the federal level, E-Verify is a voluntary program.Read More
At least 13.9 million of the nation’s small businesses are at serious risk of shuttering their doors by April 1, a recent industry report found.
Forty-four percent of the country’s 31.7 million small businesses are at risk of closing by the end of the first quarter, according to small business group Alignable. Small businesses on the brink of closure expect to earn less revenue than their owners estimate is needed to stay afloat.Read More
Monday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed all-star panelist Crom Carmichael to the studio to discuss the elitist mindset of compromise and crushing small businesses while helping mega-corporations.Read More
About $1.1 trillion in coronavirus aid, including more than $120 billion for small businesses, has still not been spent, according to a memo Republicans are circulating on Capitol Hill.
The more than $1 trillion in unspent coronavirus relief funds represents a significant portion of the $4 trillion allocated by Congress as part of multiple 2020 stimulus packages, according to the Republican Study Committee (RSC) memo reviewed by the Daily Caller News Foundation. Of the $828 billion allocated for small business loans, about $123.7 billion has not been spent, according to Small Business Administration data.Read More
The Buckeye Institute has slammed the newly released Ohio budget for excess spending, saying that while it commends the governor for balancing the budget, the state missed an opportunity for reform.Read More
Sweet Jordan’s, a Paris, Tennessee bakery that employs special needs workers, was one of the latest recipients of the Barstool Fund. The donation saved their business from the pandemic-related financial strain threatening to close its doors.
Sweet Jordan’s was inspired by Jordan St. John, the two owners’ son who was born with Downs Syndrome. Their family wanted to open up a business to employ others with special needs like Jordan.Read More
Tuesday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed CCO Elaine Parker of Job Creators Network to the newsmakers line to discuss their advocacy for small businesses nationwide.Read More
The Barstool Fund, created by Dave Portnoy, has helped raise more than $20 million, helping nearly 100 small businesses hurt during the coronavirus pandemic lockdowns. Portnoy started the Barstool Fund one month ago with his own $500,000 to help small businesses.
The fundraiser has raised $20,119,270 from more than 156,000 donors and has aided 92 small businesses across the country as of Thursday evening.
Earlier in the day, Portnoy announced his fundraising success on Twitter, but stressed that their mission is far from over.Read More
Thursday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed Downtown Nashville small business owner Geoffrey Lee to the newsmakers line to talk about the loss of his two retail businesses in the bombing Christmas Day.Read More
California small businesses are crumbling under the weight of a new stay-at-home order and a lack of meaningful financial assistance.
Democratic Gov. Gavin Newsom issued a new region-based lockdown order for California on Dec. 3, forcing more California businesses to close their doors or severely limit operations.Read More
More than 80 states and local municipalities are slated to see minimum wage hikes in 2021, even as business owners continue to struggle during the coronavirus pandemic.
The Employment Policies Institute, a non-profit based in Washington, D.C., that studies how public policy impacts employment growth, released a comprehensive list of the minimum wage increases that will go into effect next year and in subsequent years.
“Minimum wage increases are demonstrated to cause job losses even in times of economic health,” said Michael Saltsman, EPI’s managing director. “These states and local areas are increasing the cost of labor as businesses are dealing with forced closures or a drastic drop in revenue. Employers and employees will pay the price for these misguided good intentions.”Read More
Virginia business advocates praised the COVID-19 stimulus package passed by Congress but said additional state action is necessary for businesses to receive the full benefits of the legislation.
The $900 billion COVID-19 stimulus provides about $325 billion in aid to small businesses nationally, including $284 billion for forgivable Paycheck Protection Program (PPP) loans, $20 billion for Economic Injury Disaster Loan grants, $15 billion for live venues, independent movie theaters and cultural institutions and another $12 billion for businesses in low-income and minority communities.
Congress’ bill also addressed a couple of concerns businesses raised regarding the first wave of PPP loans. The bill simplifies the forgiveness applications and makes the loans tax deductible at the federal level. The deductibility applies to loans that already have been received and any loans received in the second wave, which would prevent a hidden tax increase on businesses.Read More
Some two-thirds of small business owners say more federal relief funds are needed for them to be successful in the coming year during the ongoing coronavirus pandemic, according to the fourth quarter Small Business Index survey from the United States Chamber of Commerce.Read More
Monday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed all-star panelist Crom Carmichael to the studio to discuss two articles citing California’s bad government and Chinese infiltration.Read More
by Anthony Gockowski More than 150 businesses plan to reopen this week in defiance of Minnesota Gov. Tim Walz’s coronavirus shutdown. The businesses have organized as the Reopen Minnesota Coalition. This group has created a Facebook page and GoFundMe to raise awareness and money for business owners who will likely face legal consequences…Read More
The $908 billion pandemic stimulus compromise package being discussed in the U.S. Senate is a hopeful sign of progress, Florida Republican U.S. Sen. Marco Rubio said, but it won’t garner his support until more assistance is tabbed for small businesses.
The four-month emergency package introduced Tuesday by a bipartisan coalition of senators and House representatives on Capitol Hill would fund transportation, food assistance, coronavirus testing centers and the Paycheck Protection Program (PPP) crafted by Rubio’s Small Business and Entrepreneurship Senate Committee to help businesses pay their employees during shutdowns rather than lay them off.Read More
An Ohio Supreme Court ruling should help small business owners cut through government bureaucracy and save time and money, according to a Central Ohio think tank.
The ruling, which could allow small businesses to file a single local income tax return, is a step in the right direction for small businesses throughout the state, according Greg R. Lawson, a research fellow at The Buckeye Institute.Read More
Thursday morning on The John Fredericks Show, host John Fredericks welcomed Glenn Davis to the program to announce his run for Lieutenant Governor of Virginia and discuss a Democrat bill that would crush small businesses in his state.Read More
Live from Music Row Tuesday morning on The Tennessee Star Report with Michael Patrick Leahy – broadcast on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 a.m. to 8:00 a.m. – Leahy was joined in studio by state Senator Kerry Roberts (R-Springfield).
During the second hour, Leahy and Roberts questioned the motives of Mayor John Cooper who continues to hold Nashville small businesses hostage.Read More
Up until now, you mostly had to be connected to big business — and to Gov. Mike DeWine and Lt. Gov Jon Husted — to have a say in how businesses of all sizes are considered in Ohio’s snails-pace reopening.
On Friday, DeWine said the state would begin a phased reopening from the Chinese coronavirus shutdown, The Ohio Star reported. The governor said he is forming a pair of advisory groups tasked with developing best practices for reopening dine-in restaurants, barbershops and salons.Read More
The National Federation of Independent Business (NFIB) Research Center released a survey Tuesday that said 80 percent of small business owners are still waiting to receive a loan from the Paycheck Protection Program (PPP).
“Small businesses were prepared and ready to apply for these programs, the only financial support options for most, and it is very frustrating that the majority of these true small businesses haven’t received their loan yet,” Holly Wade, NFIB Director of Research & Policy Analysis, said. “Small businesses make up nearly half of the economy and it’s crucial that their doors stay open.”Read More
One of the largest banks in the United States announced that it is no longer accepting applications for a federal program aimed at rescuing small businesses affected by the coronavirus pandemic.
Wells Fargo has stopped accepting new applications for the government’s Paycheck Protection Program, an initiative created by the government to assist U.S. businesses that employ fewer than 500 people. The bank’s decision came after it was inundated with billions of dollars in loan requests since Friday.Read More
Live from Music Row Tuesday morning on The Tennessee Star Report with Michael Patrick Leahy – broadcast on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 a.m. to 8:00 a.m. – Leahy was joined on the line during the program’s second hour by Tennessee State Senator Kerry Roberts (R-Springfield.)Read More
Nearly one in four small businesses – 24 percent – have temporarily shut their doors due to the response to COVID-19 in the U.S., and an additional 40 percent said they likely will do so within the next two weeks, according to a new survey from the U.S. Chamber of Commerce and Metlife.Read More
Due in large part to government edicts, religious, social, and political gatherings, have been cancelled or drastically altered to meet government requirements. Schools and colleges have closed so there will be no proms or graduations to attend this spring. Restaurant dining rooms are closed, as are community centers, fitness centers, salons, barbershops, theaters, retail stores, and malls. Theme parks, beaches, and even some public parks are closed. Air travel and the use of public transportation has declined precipitously. Traffic on the roads is eerily light, and parking lots are nearly empty.
Of the businesses that have remained open, many have reduced their operating hours. While one can reasonably expect that stay-at-home orders will reduce Chinese coronavirus cases, it remains to be seen what the human and economic toll of these orders will be; but we do know that they are devastating to small businesses and their employees.Read More
Grants are now available for small businesses looking to retool their companies to help manufacture goods in response to the coronavirus pandemic, the Michigan Economic Development Corporation announced on Wednesday.Read More
In order to meet payroll for every small business and nonprofit in America up to 500 employees for the next month or so during the Chinese coronavirus outbreak, President Donald Trump and Senate Majority Leader Mitch McConnell (R-Ky.) are proposing $300 billion of forgivable emergency loans.Read More
Small Business Saturday (SBS), the day to support your local businesses and economy, turns 10 years old today.Read More
On Monday’s Gill Report – broadcast on Nashville’s Talk Radio 1510 WLAC weekdays at 7:30 am – Star News Digital Media National Political Editor Steve Gill talked about the recent decline in ratings due to the political agenda of the NFL, MSM outlets, and Hollywood award shows. He was saddened…Read More
by Kalena Bruce Last month, the Trump administration took a concrete step to lower skyrocketing health care costs for middle-class families like mine. The Department of Labor issued a final rule expanding association health plans, which allow small businesses like my farm to band together with others to negotiate bulk rates…Read More