Our daily blend of the latest news, trends and tips for the small business community.
What’s going ‘on’:
Durable goods increase reflects sustained demand: Orders for durable goods rose in February for a fourth month in the last five, signaling manufacturing will remain a source of strength for the expansion. Bookings increased 2.2 percent, less than projected, after a revised 3.6 percent decline in January, according to the latest data from the Commerce Department.
Report: Facebook halts secondary market trades: Facebook is stopping all trading of its shares on secondary markets, according to a Bloomberg report citing unnamed “people with knowledge of the matter.” The report suggests the company will halt trading by the beginning of April to get a stable shareholder footing and keep prices from fluctuating ahead of its initial public offering.
Keep an eye ‘on’:
Entrepreneurs competing to ring the NYSE bell: NYSE Euronext, the Startup America Partnership and the Entrepreneurs’ Organization recently launched the NYSE Big StartUp Competition, in which small business owners and entrepreneurs can enter for a chance to ring the bell on Wall Street. Contestants have until April 15 to submit their stories.
Helpful advice ‘on’:
How demanding Facebook logins can spell trouble (OSB)
How to prepare yourself for entrepreneurship (WSJ)
How to improve text message marketing (Entrepreneur)
How online videos can boost business (Small Business Tech)