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>> SMALL BUSINESS ADMINISTRATION Latest News

OCT 24, 2014 - Zero Hedge

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50% Of American Workers Make Less Than $28,031 A Year

Submitted by Michael Snyder of The Economic Collapse blog, The Social Security Administration has just released wage statistics for 2013, and the numbers are startling.  Last year, 50 percent of all American workers made less than $28,031, and 39 percent of all American workers made less than $20,000.  If you worked a full-time job at $10 an hour all year ...

Tags: 50% Of American Workers Make Less Than $28,031 A Year,  Small Business Administration Latest News

OCT 24, 2014 - Washington Business Journal

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Here's who's making SBA loans in Tampa Bay

Nineteen Tampa Bay lenders approved a total of 175 Small Business Administration 7(a) loans in the fiscal year ended Sept. 30. The approved dollar amount of all the loans was $141.4 million, and the approved SBA guaranty dollar amount was $105.8 million, according to data from the National Association of Government Guaranteed Lenders. Topping the list was HomeBanc, part of ...

Tags: Here's who's making SBA loans in Tampa Bay,  Small Business Administration Latest News

OCT 23, 2014 - Business Insider

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Bill Ackman's Big Pharma Trade Is Making Wall Street A Very Awkward Place

Things are getting awkward on Wall Street, and Bill Ackman is at the center of it.  Perhaps it was only a matter of time. The unpleasantness concerns the dogged attempts the activist investor and the pharmaceutical company Valeant have made to purchase Botox maker Allergan. From the beginning, the situation has been fraught with the kind of moments that make ...

Tags: Bill Ackman's Big Pharma Trade Is Making Wall Street A Very Awkward Place,  Small Business Administration Latest News

OCT 21, 2014 - Huffington Post

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Drug That Lost High-Stakes Political Fight For Funding Now Being Used Against Ebola

WASHINGTON -- An experimental drug now being used by the U.S. government to treat Ebola patients lost a high-stakes battle for federal funding several years ago. The politically connected drug company that won the dispute, meanwhile, filed for bankruptcy in September. Had a global Ebola outbreak not followed, the affair would be just one more eyebrow-raising indication of the influence ...

Tags: Drug That Lost High-Stakes Political Fight For Funding Now Being Used Against Ebola,  Small Business Administration Latest News

OCT 17, 2014 - Washington Business Journal

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New Mexico-born High Heels for High Hopes marries fashion with philanthropy

New York Fashion Week was the transformative event for Dara Ambriz. "That's what changed my life. It was the crossroads that catapulted me to being a small business owner," said Ambriz, co-owner of Albuquerque's Runway Apparel retail boutique. Previously, Ambriz had been in administration at Cardinal Health in Albuquerque — in human resources and community relations – and that's what ...

Tags: New Mexico-born High Heels for High Hopes marries fashion with philanthropy,  Small Business Administration Latest News