Crypto economy has arrived. An actual physical bank will soon be providing the full slate of deposit-taking, custody and fiduciary services for cryptocurrency such as bitcoin. The Cheyenne, Wyoming-based Kraken Financial on September 16 became the first digital asset firm in the U.S. to obtain…
Employers Need to Mask Up Against Lawsuits Small businesses face a dizzying swirl of regulations from different levels of government about whether patrons and employees are required to wear masks during the pandemic, as well as whether employers are required to either purchase masks for employees or reimburse them for…
Women-Owned Small Business Ends Starting October 15, in a stepped-up effort to ensure that all applicants are eligible, the U.S. Small Business Administration will no longer allow women-owned small businesses or economically disadvantaged women-owned small businesses to self-certify that they meet the requirements for the Procurement Program for Women-Owned Small…
Is commercial real estate set to rebound after 2020? The pandemic and resulting stay-at-home orders from governments and private employers has upended the commercial real estate market on a number of fronts. And we are now looking square into the Pandemic Recession which has just begun. For now, it’s merely…
How private is your cell phone? Smartphones provide all kinds of information that advertisers might find useful, including the user’s locations throughout the day. While this information is aggregated and anonymized—excluding names and other identifiers—it’s possible that hackers or other malevolent actors could gain access to a user’s raw data.…
The Dangers of Payroll Tax Deferment As part of a series of executive actions rolled out in early August, President Trump ordered Treasury Secretary Steven Mnuchin to allow the deferral of the 6.2% payroll tax on employees from Sept. 1 through Dec. 31 for workers making less than about $104,000 on an…
The Key to Surviving as a Small Business How can your business – and you – survive the COVID-19 pandemic? It’s a tall order. But small business owners have means of surviving. The corollary shutdowns have impacted 20% of small businesses, according to the U.S. Chamber of Commerce, and restrictions…
Entrepreneurial Business Concepts Companies like GE, Disney and HP got their start during the Great Depression, while Airbnb, Uber, Slack and Venmo launched in cyberspace during the Great Recession. Taboola’s analysis of more than 8 billion page views, along with data from the aggregated readership among 1,000 of its publisher…
The Supreme Court decided two years ago in Carpenter v. United States that the Fourth Amendment requires police to obtain a warrant, in most circumstances, to access GPS location information spanning seven days or more from a cell phone user. Prior to that decision, the court had held that voluntarily…
Health and Safety Regulations On June 24, Virginia became the first state in the country to implement workplace health and safety rules to protect workers from coronavirus infections. Could Illinois be next? Whatever happens, these actions should serve as an example of what every business should do. Virginia’s health…