Our daily blend of the latest news, trends and tips for the small business community.
What’s going ‘on’:
IPOs slow down across the world: During the first threee months of the year, 174 companies acorss the world launched initial public offerings for a total of $16.5 billion raised, according to Dealogic Inc. That’s down 43% from the same period in 2011 when measured by the number of deals and down 63% by dollar value.
Senior citizens continue struggling with student debt: New research from the Federal Reserve Bank of New York shows that Americans 60 and older still owe about $36 billion in student loans, providing a rare window into the dynamics of student debt. More than 10 percent of those loans are delinquent.
Visa card operations go down briefly: A technical problem affecting the Visa network barred some people around the United States from using their credit and debit cards for about 45 minutes on Sunday. The outage was caused by a recent update Visa has made to its system, according to a company spokeswoman.
Keep an eye ‘on’:
Groupon case reveals questions over JOBS Act:A provision of the JOBS Act recently sent to President Obama would allow companies to iron out disagreements with regulators behind closed doors before going public, according to a report from the Wall Street Journal. The provision might have prevented investors from discovering Groupon’s early accounting questions until after they had been resolved.
Helpful advice ‘on’:
How to make business taxes less painfull (OSB)
How to keep profit margins growing (Entrepreneur)
How luck plays into business success (Open Forum)
How to keep politeness from killing sales (Inc.)