Business

Home heating oil businesses struggle to navigate volatile market

LONDONDERRY, NH – Home heating oil firms are facing mounting cost pressures as rising crude and diesel prices tied to Middle East tensions squeeze margins and disrupt operations across New England. The recent spike follows a cold winter that boosted demand for heating oil, leaving both consumers and suppliers exposed…

Florida restaurateur on Helene: ‘It’s an absolute gut punch’

Café L’Europe, one of the oldest buildings in St. Armands Circle, in Sarasota, Florida, has been flooded four times in the past 18 months. “That last one from Helene completely wiped out the restaurant. Every piece of equipment is ruined… It was gut-wrenching,” John Horne, CEO of Oysters Rock Hospitality,…

Lowe’s aids small businesses hammered by hurricanes ahead of holidays

Lowe’s plans to provide millions in financial support to small businesses in North Carolina that were hit hard by Hurricane Helene, helping them recover during the holiday season after federal relief temporarily dried up. The $2.5 million fund will provide grants directly to small businesses in the state. It will…

Prince George’s County council limits convenience store density

The Prince George’s County council in the state of Maryland recently voted 10-0 in favor of enacting a measure limiting how densely convenience stores can be packed together in the area. Council Member Krystal Oriadha said in October that there is a problem with “overconcentration” of the stores.”They call themselves…

Small business optimism soars in anticipation of Trump 2.0

The anticipation of Donald Trump returning to the White House sparked a surge of optimism on Main Street, according to multiple post-election surveys. The National Federation of Independent Business’ (NFIB) latest Small Business Optimism Index jumped 8 points to 101.7 in November, with the election results indicating a significant shift…

Small business optimism soars in anticipation of Trump 2.0

America’s small business owners are feeling better about the economy than they have in six years, in anticipation of President-elect Trump returning to the White House. The National Federation of Independent Business’ (NFIB) latest Small Business Optimism Index jumped 3.4 points to 105.1 in December, the highest reading since October…

More craft beer breweries are shutting down than opening up

DENVER – For the first time, more craft beer breweries are shutting down than opening up. Breweries and taprooms are dealing with rising supply costs while demand for beer is slipping, according to the Brewers Association.Bart Watson is the president and chief executive officer of the Brewers Association. Watson said…