Federal Agencies Clarify Banking Rules For Hemp Businesses
On Oct. 29, the United States Department of Agriculture released its long-awaited draft r.....»»
Opinion: Regulation lags behind banking in the digital age
The Puget Sound Business Journal recently published a New York Times article regarding updates to federal rules governing how banks serve poorer communities. Unfortunately, the article focuses on current disagreements among federal regulatory agencies o.....»»
Oregon health leaders clarify guidance on masks for fully vaccinated
Changes to mask rules last week resulted in confusion over how businesses should treat maskless customers......»»
As some mask rules ease, Chicago stores, gyms, restaurants face battle to keep customers happy — and safe
When Gov. J.B. Pritzker eased statewide mask requirements on Monday, many businesses in Chicago, where the mask rule remains in place, were still scrambling to figure out how to respond to last week’s updated guidance from federal health of.....»»
Chicago businesses scramble after CDC, Pritzker change mask-wearing rules. ‘There was no warning.’
When Gov. J.B. Pritzker eased statewide mask requirements on Monday, many businesses in Chicago, where the mask rule remains in place, were still scrambling to figure out how to respond to last week’s updated guidance from federal health of.....»»
Chicago businesses can proceed with lawsuits seeking COVID-19 payouts from Society Insurance, judge rules
A Chicago federal judge has rejected a bid by Society Insurance .....»»
Texas No. 1 for Paycheck Protection Program loans approved so far
The federal Paycheck Protection Program has been so popular that some banking leaders believe it could run out of funding this week. And Texas businesses have had more loans approved than any other state in the country......»»
Tips on looking for funding for your cannabis company
Funding a business with startup or growth capital is a universal challenge, but cannabis businesses face at least one unique hurdle in the continuing federal illegality of the industry. Aside from the difficulty in accessing banking resources, can.....»»
Here’s how the Fed is funneling $4 trillion of funds to the real economy
Economists say the Federal Reserves lending facility will use the banking system as a conduit to funnel funds to businesses......»»
Here"s how some lenders are helping small businesses during coronavirus slowdown
As small businesses like restaurants and bars bear the brunt of the coronavirus-related economic slowdown, banks and federal agencies are stepping in to lend a hand. Tim Jeffcoat, Houston District Office director for the U.S. Small Business Admini.....»»
U.S. regulators try to give banks more flexibility to make loans
The three federal banking agencies on Tuesday issued a joint statement designed to encourage banks to use their capital and liquidity buffers to lend to customers. "These liquidity buffers were designed to provide banking organization with the mean.....»»
Arizona Republican Introduces Draft Bill To Clarify Regulators For Crypto Assets
A bill seeking to clarify which Federal agencies regulate digital assets like cryptocurrencies has been introduced by Rep. Paul Gosar of Arizona, a Republican. read more.....»»
CBJ Morning Buzz: Wells Fargo said to be nearing settlement with feds; New stores at Concord Mills; Feud erupts between NoDa artists, business
A settlement could be revealed soon involving Wells Fargo & Co. and federal authorities looking into abusive practices in the company's banking, auto-lending and mortgage businesses, according to a report from The New York Times. The newspaper n.....»»
High anxiety: Proposed US hemp rules worry industry
PORTLAND, Ore. (AP) — Hemp growers and entrepreneurs who were joyous a year ago after U.S. lawmakers reclassified the plant as a legal agricultural crop now are worried their businesses could be crip.....»»
Hemp no longer "suspicious," banking regulators say
Oregon’s hemp industry — a suddenly massive if chaotic new economic force in the state — got good news on Tuesday on the banking front. Federal regulators said banks no longer need to file “suspicious activity reports†when dealing with l.....»»
Wyden, Merkley want to see hemp rules dialed back
In line with industry concerns in Oregon, U.S. Senators Ron Wyden and Jeff Merkley want federal authorities to relax rules for growing hemp, particularly regarding how the crop is tested. Driven by demand for the popular compound CBD that it contains,.....»»
What businesses need to know about Section 382 and other changes to net operating loss rules
It often surprises people that Amazon, arguably the most valuable public company in the world, likely paid no federal taxes last year. Some of that is the result of activities that fall under favorable tax incentives, such as those designed to encoura.....»»
What businesses need to know about Section 382 and other changes to net operating loss rules
It often surprises people that Amazon, arguably the most valuable public company in the world, likely paid no federal taxes last year. Some of that is the result of activities that fall under favorable tax incentives, such as those designed to encoura.....»»
Valley cannabis industry-focused startup accepted into FinTech Sandbox
The newest entrant into the state's innovation program seeks to help cannabis and marijuana businesses that cannot access mainstream banking and financial services because of federal regulations......»»
Where local U.S. reps, senators stand on banking marijuana
Local congressional support is tepid at best for federal legislation that would enable banks and other financial institutions to provide services to marijuana-related businesses......»»
Starting the process: How to get a small business certified
Many small businesses can take advantage of contracting and other opportunities from large companies and federal, state and local agencies......»»