Our daily blend of the latest news, trends and tips for the small business community.
What’s going ‘on’:
Ex-Im Bank OK’d by Senate: The Senate voted 78-20 on Tuesday to reauthorize the United States Export-Import Bank for three years and expand its authority to make loans to American exporters. The House already agreed to the same measure by a similarly broad 330-to-93 vote, largely spurred by the backing of business and labor groups.
Government offices most susceptible to workplace violence: Government establishments experience workplace violence more often than their private-sector counterparts, according to the results of a new study conducted by the Merit Systems Protection Board, which also showed the trend is not necessarily tied to offices’ locations or dealings.
Retail sales slow:Retail sales rose only a tenth of a percent in April, marking the slowest pace of the year, according to the latest data from the Commerce Department. The April advance matched the median forecast in a Bloomberg News survey but represents a steep decline from the 0.7 spike in March.
Keep an eye ‘on’:
Boehner eyes tax changes:House Speaker John Boehner on Tuesday said the House of Representatives will vote “to stop the largest tax increase in American history,” referring to the scheduled end to the Bush-era tax cuts. He also vowed to establish a process by which Congress could enact tax reform in 2013.
Facebook hikes up share price:Facebook has amended its regulatory paperwork ahead of its initial public offering, raising the high-end expectations for its share price from $34 to $38. The bump has the potential to push the company over a $100 billion valuation following its intial offering, which is expected Friday.
Helpful advice ‘on’:
How to gain traction prior to product launch (OSB)
How to hunt for lies hidden in resumes (Entrepreneur)
How to be flexible with employee hours (Open Forum)
How to use online videos to grow your business (SME)
How to convert browsers into buyers (Small Biz Trends)