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Sony Says It's Not Backing Down From Ending PlayStation Discs
The PS5 maker said it already put a lot of thought into the decision
This Android phone maker has created a model with no bezels around the display
TECNO has figured out a way to create phones with truly bezel-less displays and will show off its concept phone at IFA 2026 in September.
Makers of unreleased Nicolas Cage movie sue Netflix for $105 million after theft of film
The filmmakers behind an unreleased Nicolas Cage movie have sued streaming giant Netflix for $105 million, after a copy the company had been given to screen was stolen.
State lawmakers keep introducing bills despite January reset
Legislators say the quieter months give them time to build coalitions around legislation.
Clemson, Dabo Swinney Land Prolific 2028 QB Prospect
Georgia standout Trace Hawkins pledged his future to the Tigers, giving Dabo Swinney a dual-threat playmaker and a championship-winning foundation for the program’s 2028 recruiting class.
Lawmakers set to leave for August break with few legislative wins
Some legislation passed the House but is unlikely to advance in the Senate, while other must-pass bills, including a full federal budget, have not passed either chamber.
NC lawmakers, business owners push to end ‘Wild West of Towing"
State lawmakers and Charlotte business owners held a news conference Thursday to call for an end to what they described as predatory towing practices and to outline changes they want made to North Carolina law.
Business owners call on N.C. House to reject proposed ban on most hemp products
Dozens of bars, breweries, and other businesses that sell hemp and THC beverages are asking state lawmakers to change a pending bill that could ban most hemp products in North Carolina.
Should AI be formally recognized as a national and global security threat? In London, politicians increasingly think so
More than 125 U.K. lawmakers support ControlAI's campaign led by Luciana Berger to have non-human superintelligence officially recognized as a national and global security threat.
Farley doubles down on Ford's pursuit of profits beyond core business
Ford CEO Jim Farley told Wall Street the carmaker is in discussions for more U.S. Defense work and hinted at more adjacent businesses to come.
Carlyle's new middle-market defense and government unit makes first buy
Carlyle Group acquires Utah encryption maker Secturion Systems and names Sean Berg as CEO.
Ethics advocates say state lawmakers should bear responsibility for political junkets
Ethics advocates say state lawmakers should bear responsibility for political junkets after new warrants show lobbying group spent big on strip clubs, golf and vacation homes.
Troy Jackson ran anonymous account to troll Republicans online
In 2012, Troy Jackson had plenty to say about Maine politics. An outspoken Democratic state lawmaker, Jackson openly feuded with then-Republican Gov. Paul LePage.
Sensodyne maker Haleon posts higher second-quarter organic revenue growth
British consumer health company Haleon reported second-quarter organic sales growth of 3.1% on Thursday, in line with market expectations, driven by strong demand for its oral health products and accelerating growth in North America, its largest market.
ArcelorMittal Posts Fall in Net Profit But Sees Improved Outlook for European Business
The steelmaker said supportive trade measures had improved the prospects for its European business and expects second-half sales to outperform those of the first.
Samsung Stock Jumps Over 6% In Seoul as AI Memory Business Delivers Record Profit: 'Supply Constraints' Expected to Continue
Samsung Electronics Co. Ltd.‘s (OTC:SSNLF) shares rose on Thursday after the chipmaker posted a record second-quarter operating profit as surging artificial intelligence memory demand boosted its semiconductor business, though higher component costs weighed on earnings in its mobile division. Operating Profit Beat Estimates Operating profit climbed to a record 89.5 trillion KRW ($61.93 billion) for the second-quarter, beating the 88.13 trillion KRW ($60.98 billion) analysts’ forecast compiled by
N.Y. lawmakers renew push for updated sex offender registry
An operation in Syracuse found that 85 registered sex offenders were not complying with requirements.
City of Gainesville to host 2026 Business Matchmaker networking event
Event to be held at UF Reitz Union on Friday.
Person of the Year + TCB 100 Celebration
Featured Event Person of the Year + TCB 100 Celebration December 03, 2026 @ 5:00 pm - 7:30 pm Directions Location Minnesota Orchestra Hall 1111 Nicollet Mall Minneapolis 55403 Description Each December, Twin Cities Business unveils the TCB 100 list, our annual "list of all lists" recognizing the business leaders, innovators, and changemakers poised to
Some Louisiana lawmakers backing out of NDAs as questions arise over data centers, other deals
The use of nondisclosure agreements for projects, including with companies like Meta and Hyundai, has drawn community criticism and concern about transparency. But some state officials say they’re necessary for closing economic development deals.
Fed policymakers leave rates unchanged amid elevated uncertainty
Fed policymakers left interest rates unchanged at their July meeting as stubborn inflation remains well above the central bank's 2% target.
The Lone Republican Who Voted Against Advancing Bill to Put Tougher Sanctions on Russia
The lawmaker referred to the legislation as the "latest counterproductive attempt to hold Russia accountable for its war against Ukraine."
US lawmakers press Health Secretary Robert F. Kennedy Jr. on vaccine settlement
The letter notes that Merck earlier this year agreed to pay $50 million to settle litigation over Gardasil.
The power plant players unlocking the grid | Investors Lab
History is full of aha moments where an apparent failure was actually the breakthrough people didn't know they needed. Take champagne, discovered when French winemakers kept finding their bottles exploding under pressure. Or sticky notes, developed from a glue that was rejected by leadership at 3M for being too weak, but later redeployed for the purpose we all know and love. Nuclear fusion just experienced another of these serendipitous discoveries. For decades, it wasn't clear how the subatomic particles known as alpha particles would affect the turbulence that drains heat from a reactor's core, preventing the reactor from reaching self-sustaining fusion. Now, new simulations suggest that the particles help. The new research turns what was once viewed as a potential operational hindrance into a critical performance booster. SN's Emily Conover has the info blast.
Lawmakers begin crafting aid package for businesses affected by wildfires
A Democrat and Republican from northeast Minnesota say they’ll be ready with a proposal if the Legislature convenes in a special session.
US lawmakers press Health Secretary Robert F. Kennedy Jr. on vaccine settlement
A group of U.S. senators has asked Health Secretary Robert F. Kennedy Jr. to disclose whether his family stands to profit from a recent legal settlement involving Merck's Gardasil vaccine, according to a letter reviewed by Reuters.
The Hidden Cost of Stress at Work
Policymakers, employers, and professional organizations have opportunities to design work environments that make us healthier, write Lilly Springer, David Slusky, and Anupam B. Jena.
Unilever agrees two-year worker protection after $65 billion McCormick merger, memo shows
Unilever has agreed to protect employment terms of workers in its European and British food business for two years after the planned 2027 completion of its $65 billion merger of the unit with U.S. spice maker McCormick , according to a memo seen by Reuters.
As political giving mounted, lawmakers backed mental health center
The Katie Blessing Center will provide much-needed psychiatric beds for kids. But campaign donations tied to its backers are drawing scrutiny.
NC lawmakers already proposing changes in power, cuts and funding in new budget
There’s a new budget bill — yes, already — that makes some changes in policy and funding in the 2026 state budget.
Leaders gather in Washington to pay their final tributes to Lindsey Graham
Lawmakers, foreign leaders and President Trump are gathering Tuesday for the first of two days of funeral services for the late South Carolina Sen. Lindsey Graham.
Under pressure over China backers, Mercedes CEO pledges to defend U.S. business
The U.S. Senate Commerce Committee approved legislation last week to toughen a ban on Chinese automakers entering the U.S. market.
Lawmakers Need to Get Serious About Business Tax Reform
Last week, House Ways and Means Committee Chairman Jason Smith (R-MO) said he wants to revisit expanding Section 199A. He argues that the deduction should be as high as 25 percent because pass-through businesses need to compete...
Texas lawmakers weigh future of data center tax breaks
The cost to the state in lost revenue from data centers has grown from a $14 million estimate over a decade ago to a projected $3.3 billion in sales tax losses over the next two years.
Under pressure over China backers, Mercedes CEO pledges to defend US business
Mercedes-Benz's CEO pledged on Tuesday to shield its U.S. business from a possible sales ban, as concerns in Washington over the German carmaker's Chinese investors threaten it with exclusion from one of its few remaining growth markets.
Who should pay for new sports stadiums?
As teams in Chicago and elsewhere pursue new venues and entertainment districts, lawmakers face renewed questions about public financing.
Lawmakers question lack of prison health care report
After reports and allegations of lack of health care for inmates in Mississippi, lawmakers passed a law calling for a review of the prison system's medical services contract.
Stellantis sells car-sharing business as CEO Filosa focuses on core auto-making
Stellantis has agreed to sell its Free2move car-sharing unit to German investment company Mutares , the automaker said on Tuesday, as CEO Antonio Filosa continues efforts to sharpen the group's focus on its core vehicle production.
Mercedes-Benz could face US ban under Senate bill targeting Chinese-owned automakers
Sen. Ted Cruz warns Mercedes-Benz would be banned from the U.S. market under new legislation targeting Chinese-owned automakers, accusing GM of a push.
Incoming Apple CEO aims to build on movie and TV progress
Apple's incoming CEO, hardware chief John Ternus, said he was committed to building on the company's momentum in the entertainment business when he takes the helm of the iPhone maker in September.
Incoming Apple CEO aims to build on movie and TV progress
By Rollo Ross LOS ANGELES, July 27 (Reuters) - Apple's incoming CEO, hardware chief John Ternus, said he was committed to building on the company's momentum in the entertainment business when he takes the helm of the iPhone maker in September. The tec...
Mitch McConnell's office releases new photo of senator amid health questions
The 84-year-old lawmaker was first hospitalized on June 14 after a fall and subsequently treated for pneumonia.
Louisiana native Spencer Williams Jr. paved the way for Black filmmakers. Why was he forgotten?
Who is Spencer Williams Jr.? He's probably best known for his final acting role as Andrew "Hogg" Brown, or simply Andy, in CBS's 1950s era television version of "The Amos 'n' Andy Show."
Commentary: Will Illinois meet the moment to rein in data centers and save us from skyrocketing power bills?
It’s time for policymakers to make Big Tech pay for the costs they cause, writes the executive director of the Citizens Utility Board.
Onondaga Co. meeting to discuss term-limits law
Lawmakers will weigh taking proposed legal action to get the law County Executive Ryan McMahon mistakenly approved on the November ballot.
500,000-year-old elephant bone hammer shows ancient humans were master toolmakers
Early humans in England crafted a rare piece of elephant bone into a reusable hammer for sharpening stone tools nearly 500,000 years ago. The extraordinary find reveals that ancient toolmakers were resourceful, skilled, and capable of surprisingly advanced planning.
Political action committees swarm incumbents with donations
The two incumbent Tennessee lawmakers from Knox County who are facing primary challengers have PACs on their side.
Trump administration demands hospitals share emergency room records
A tiny federal agency tasked with protecting the public from injuries caused by lawn mowers and coffeemakers is demanding that some of the nation’s biggest health systems turn over detailed, personally identifiable medical records of all patients who seek help at their emergency rooms.
Hollywood's biggest directors are pushing back against AI. Here's why.
Christopher Nolan called AI "a Trojan horse that everybody knows the Greeks are inside." Guillermo del Toro said it could prevent future filmmakers from mastering their craft.
Florida State Signs FCS All American CJ Richard Jr
Mike Norvell bolsters a depleted secondary with the ball-hawking Illinois State transfer. The Freshman All-American arrives in Tallahassee ready to anchor a defensive unit desperate for playmakers.
China's CXMT becomes most valuable mainand stock after IPO surge
Chinese memory-chip maker CXMT became the mainland's most valuable listed company, overtaking ICBC after its blockbuster IPO.
5 Car Brands Aiming To Bring Back Rear-Wheel Drive Sedans
Automakers confirmed to be bringing back rear-wheel drive sedans include Buick and Cadillac, while Ford, Nissan, and Mazda may also be doing so.
USC Trojans Offensive Playmakers Snubbed by National Ranking
The USC Trojans' receivers and tight ends fall out of the top-10 pass catching units of the 2026 college football season.
Health care bills are opaque. Congress is trying to change that, again.
Bipartisan lawmakers are advancing bills that would require hospitals and insurers to disclose their prices.
Business People: Edric Funk to take over as Toro Co. CEO
MANUFACTURING The Toro Co., a Bloomington-based maker of lawn mowers and snow removal machines for consumers and businesses, announced President and Chief Operating Officer Edric C. Funk will be promoted to chief executive officer,…
California leaders split over war in Iran
California lawmakers and leaders are divided over the war in Iran, now in its fifth month, as debates over funding and presidential authority continue in Washington D.C.
California Politics 360 full episode | CA Representatives split on future of Iran war
Ashley Zavala reached out to lawmakers on both sides of the aisle to hear their take on where the war stands.
Arkansas’ smoking ban just turned 20. Can the state find common ground on public health again?
COMMENTARY: Last week marked the 20th anniversary of Arkansas' indoor smoking ban taking effect. The law is a testament to bipartisanship and the work of Arkansas public health leaders. It’s also a model for how Arkansas policymakers can address the state’s public health concerns today.
Automakers are entering their decluttering era
Legacy automakers are pruning vehicle lineups and building cars with fewer parts. They're facing rising costs and cheaper Chinese competition.
Little bottles becoming big business for booze
NEW YORK — The future for big booze might be smaller — literally. Jameson maker Pernod Ricard, Patrón owner Bacardi Limited, and Kendall Jenner’s 818 ...
Trump administration admits it canceled clean-energy grants in states that voted for Kamala Harris
Democratic lawmakers accused the Trump administration of abusing its power after officials admitted in a federal court filing they recommended terminating several billion dollars in grants for clean-energy projects based “solely” on states’ “political identity” and whether President Donald Trump won the vote there in the 2024 election.
'Remake' will wreck you: A filmmaker faces his own family footage
Ross McElwee's documentaries have always been personal. After his son died, he wondered if it was all worth it.
Swiss cheesemakers try to fill hole in sales from US tariffs
The Alpine farmers who make one of Switzerland's most famous cheeses are seeking to fill the hole in sales left by U.S. import tariffs, which have caused demand to plunge in one of their most important export markets.
Capitol Hill briefing spotlights AI's concerning, growing role in teen mental health
Washington policymakers, youth advocates and mental health leaders gathered this week on Capitol Hill to discuss new research that adds to the growing chorus of concerns over teenagers' use of AI.
Patriots All-Pro playmaker's strong reaction to DeAndre Hopkins' visit
Cornerback Marcus Jones shared his thoughts on DeAndre Hopkins potentially coaching for the Patriots.
Hawaiʻi AG Investigation Into Political Bribery Case Goes Before Grand Jury
What began four years ago with the convictions of two state lawmakers is now looking at the lieutenant governor and other officials.
Rhode Island energy costs are soaring. So are political tensions.
Governor Dan McKee directs $28M to offset winter electric rate hikes while taking aim at lawmakers, environmentalists who opposed his broader relief package.
More Than a Website: Advancing Healthcare Across Michigan - MHA | Michigan Health & Hospital Association
John Karasinski, vice president, communications, MHA Healthcare is built on connections. Every day, hospitals across Michigan provide care to patients and families, and resources to communities that improve health and well-being. Behind those efforts are countless healthcare professionals, trustees, policymakers, educators and community leaders working together to strengthen healthcare for…
Blanche urged to investigate alleged foreign influence in fight against data centers
GOP lawmakers claim foreign-linked organizations tied to China and Russia are working to undermine U.S. data centers and AI infrastructure development.
Lysol Maker Reckitt to Offload Sanctions-Hit Russian Hygiene Business
The deal with Russia’s Arnest Management—which manufactures cosmetics and household goods—is expected to complete during the second half of 2026.
Thune and White House trade jabs over Trump’s controversial elections legislation
President Donald Trump’s criticism of Senate Majority Leader John Thune over the stalled SAVE America Act escalated Thursday, with the White House warning that the president’s “patience is running out” as Republican leaders struggle to advance the controversial voting legislation before lawmakers leave in August for recess.
Assassin's Creed Maker Says PlayStation Killing Discs Has Pluses
The Assassin's Creed maker was asked about physical games on its latest earnings call
Microsoft is replacing OpenAI image models in PowerPoint, Bing
The world's largest software maker has been developing artificial intelligence models that can compete with those from OpenAI and Anthropic.
Rep. Jim Jordan refers Jack Smith for possible prosecution, saying he have have misled on Trump probe
Jordan referred Smith to the Justice Department for possible prosecution related to closed-door testimony about whether he had obtained records of lawmakers while investigating Trump's efforts to overturn his 2020 presidential election loss. Lawyers for Smith deny the allegation and say he testified truthfully.
Ranking Members Markey, Velázquez Push to Roll Back Trump Administration’s Discriminatory SBA Lending Policy that Blocks Immigrant Entrepreneurs from Pursuing the American Dream
Bicameral resolution would rescind Trump administration policy banning green card holders from accessing SBA loans Resolution Text (PDF) | One-Pager (PDF) (Washington, July 23) – Ranking Member Edward J. Markey (D-Mass.) and House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY-7) today introduced a Congressional Review Act (CRA) resolution to rescind the Trump administration’s policy that bans green card holders from accessing essential Small Business Administration (SBA) loans to start and grow their businesses and invest in Main Streets nationwide. Trump’s SBA restrictions buck decades of precedent, attacking immigrant small business owners who are lawfully in the U.S. with no justification. The Trump administration’s green card holder ban is the most recent escalation of SBA’s draconian citizenship restrictions that are killing jobs and putting the American Dream further out of reach for entrepreneurs. In Fiscal Year 2025, the SBA made an estimated $5.7 billion in loans to green card holders, which supported more than 80,000 American jobs. Ranking Member Markey’s introduction of the CRA resolution follows his introduction of the Investing in the American Dream Act alongside Ranking Member Velázquez earlier this year. The Investing in the American Dream Act would roll back the SBA’s draconian lending restrictions and restore previous SBA lending policies for immigrant entrepreneurs lawfully in the U.S., including green card holders, refugees, and asylees. More than 100 organizations have called for the passage of the legislation and over 60 Massachusetts state legislators have raised concerns about the impact of the citizenship restrictions in their local communities. “Once again, Donald Trump is shutting hardworking immigrants out of the American Dream with his discriminatory and dangerous policies, fear tactics, and violent rhetoric. The anti-small business lending requirements implemented by Trump’s SBA won’t Make America Great Again—they are Making America Hate Again,” said Ranking Member Markey. “I am fighting every single day to roll back Trump’s brazen attempt to steal the American Dream from entrepreneurs in Massachusetts and across the country who enrich our communities, strengthen our Main Streets, and create jobs in the United States.” “Starting and owning your own business is one of the pillars of the American Dream. Under the Trump Administration, the SBA has sought to deny immigrant small business owners and entrepreneurs that dream by preventing them from accessing the capital they need to grow and scale their businesses. Not only is this policy cruel, but it is also self-defeating and holds our country back economically. As Ranking Member of the House Small Business Committee, I will do everything in my power to reverse this terrible policy,” said Ranking Member Velázquez. Massachusetts state legislators applauded Ranking Member Markey’s actions and emphasized the critical contributions of green card holders to Bay State communities and the Commonwealth’s economy. "Green card holders are our neighbors, workers, entrepreneurs, and taxpayers,” said Massachusetts State Senator Adam Gómez (D-Springfield), Senate Chair of the Joint Committee on Community Development and Small Businesses. “They open restaurants, launch small businesses, create jobs, and contribute every day to the economic strength of Massachusetts. Denying lawful permanent residents access to SBA loan programs doesn't make our economy stronger—it makes it harder for small businesses to succeed. I support this resolution because opportunity should never be limited by unnecessary barriers that prevent hardworking people from investing in their communities and pursuing the American dream." “Senator Markey’s CRA Resolution provides a valuable moment for our federal leaders to show their commitment to small businesses and the American Dream,” said Massachusetts State Representative Andy X. Vargas (D-Haverhill), House Chair of the Joint Committee on Community Development and Small Businesses. “The SBA’s recent policy restricting lawful residents from accessing the popular 7(a) and 504 programs has shut out some of the most entrepreneurial and hard-working members of our community from much-need capital. In Massachusetts, these programs have invested millions of dollars into small businesses owned by green card holders, supporting thousands of jobs. This should not be a partisan issue. People who worked hard, have legal status, and contribute so much to their communities via employment and economic impact don’t deserve to be in the crosshairs for political purposes. The Senator’s resolution is a step forward in restoring access to the American Dream that small business owners across the country deserve.” Several small business advocates and stakeholders voiced their support for Ranking Member Markey’s efforts to roll back Trump SBA’s discriminatory lending rules. “Immigrant-owned businesses are the foundation of the American economy. They power our neighborhoods, provide essential services, and employ our loved ones. Yet, systemic hurdles like the Small Business Administration’s citizenship restrictions unfairly block their path to prosperity," said Elizabeth Sweet, Executive Director of the Massachusetts Immigrant and Refugee Advocacy (MIRA) Coalition. "We applaud Senator Markey’s continued leadership and look forward to a future where immigrant entrepreneurs can share their ingenuity without arbitrary restrictions that hold us all back.” “Independent restaurants have always been built by people willing to work hard, take risks, and invest in their communities. When lawfully authorized entrepreneurs lose access to the financing they need to start or grow a business, we all lose. These are the businesses creating jobs, filling storefronts, and strengthening our neighborhoods. Access to capital should help good businesses succeed, and that’s exactly what restoring these SBA loan programs would do,” said Jen Ziskin, Executive Director of Massachusetts Restaurants United. “At the Latino Economic Development Corporation, we see firsthand that access to capital transforms lives, creates jobs, and strengthens neighborhoods. Many of the entrepreneurs we serve are lawful permanent residents who have invested their savings, opened businesses, and employ local residents. Restricting access to SBA financing doesn’t just impact business owners, it limits economic opportunity for entire communities. Main Street succeeds when every qualified entrepreneur has a fair chance to grow,” said Andrew Melendez, CEO and Founder of the Latino Economic Development Corporation. "Immigrants and immigrant-owned businesses are the heart and soul of small business communities in cities and towns throughout the Commonwealth, and across America. Limiting access to these SBA loans not only sends the wrong message about immigration, it will have significant negative economic impact on our small business ecosystem,” said Keith Mahoney, Vice President of Public Affairs at the Boston Foundation. “The SBA’s recent policy changes that prevent Legal Permanent Residents, and other non-citizens from participating in any of the SBA’s valuable programs are changes that are unwelcome, immoral, and antithetical to our purpose, our mission, and our vision for Massachusetts communities and businesses. Immigrant entrepreneurs and others have expressed concern that Common Capital will ‘report them to ICE,’ so loan demand has decreased. There is no valid reason for excluding Legal Permanent Residents and other noncitizens who are lawfully present in the U.S. from accessing the SBA’s programs. Immigrant entrepreneurs start businesses, they create jobs, they support their families and their communities. Our government should be in the business of encouraging their full participation in our economy,” said Raymond Lanza-Weil, President of Common Capital. "ECCHO-Latino now represents over 400 educators and 300 microbusinesses across Massachusetts, where immigrants make up 60% of the childcare workforce. When a green card holder is ready to grow her business—from expanding her home child care to opening a center—she shouldn't be turned away by local banks simply because of federal citizenship rules. Blocking access to SBA loans kills opportunity and deepens our state's childcare crisis. ECCHO-Latino strongly supports Senator Markey and Representative Velázquez in passing this resolution to put Main Street first," said Harold Antonio Blanco, Co-Founder & Executive Director of ECCHO-Latino Inc. "This is exactly how political ideology ruins an economy. Washington has taken lawful, tax-paying entrepreneurs who live in our communities, invest in America, and hire American workers, and declared their businesses ineligible for critical financing simply because a green card holder owns even a fraction of the company. Using policies ostensibly aimed at illegal immigration to punish lawful permanent residents is nothing short of ideological overreach and economic self-sabotage. The SBA exists to help viable small businesses grow, rather than imposing nativist tests that ignore an entrepreneur’s credit history, business plan, or ability to create jobs. When the federal government closes the door on qualified entrepreneurs, they’re also closing the door on American entrepreneurship and on American workers, while handing future companies, jobs, innovation, and investment to our competitors. America should be competing to attract people who want to invest and build here, not creating arbitrary barriers that drive their talent and capital elsewhere,” said Javier Palomarez, President and CEO of the United States Hispanic Business Council (USHBC). "The U.S. Small Business Administration's decision to prohibit legal permanent residents, including green card holders, from accessing SBA-backed loans has the potential for disastrous consequences that could reverberate throughout America's economy for years to come. After all, immigrants are twice as likely to start small businesses as U.S.-born individuals. Congress must overturn rules requiring the SBA to block legal permanent residents from accessing lending resources because so many of the entrepreneurs who drive job creation in this country were born outside the United States," said John Arensemeyer, Founder and CEO of Small Business Majority. “NCRC supports the Congressional Review Act resolution to overturn SBA’s citizenship restrictions that bar green-card holders from receiving the 7(a) and 504 loans. When qualified entrepreneurs are denied access to SBA loans, all of Main Street gets hurt. Communities lose jobs. Neighborhoods lose services. Local economies lose the opportunity to build wealth and shrink disparities,” said Jesse Van Tol, President & CEO of the National Community Reinvestment Coalition (NCRC). “We cannot afford to have the American Dream out of reach for hard-working, immigrant small business owners.” “Asian Americans and Asian immigrants have been integral in building local economies. They create businesses, jobs, and opportunities in communities across the country that benefit everyone. Lawful permanent residents pay taxes, invest in their communities, and strengthen Main Street, yet the SBA's discriminatory citizenship restrictions unfairly deny them access to the same tools that help small businesses grow and succeed. We applaud congressional leaders for advancing this resolution to overturn the latest restrictions on SBA lending for green card holders, and we urge lawmakers to also pass the Investing in the American Dream Act to fully restore access to SBA loan programs for all eligible people in the United States. Ensuring that immigrant-owned small businesses have a fair opportunity to access capital is essential to building a stronger, more inclusive economy that works for all,” said Joanna Derman, Director of Anti-Profiling, Civil Rights and National Security at Asian Americans Advancing Justice (AAJC). "Immigrant-owned businesses often turn to SBA 7(a) and 504 loans because they face higher denial rates from traditional lenders,” said Imani Augustus, Director of the Center for Entrepreneurial Opportunity. "These programs provide the capital they need to expand operations, hire workers, and invest in their businesses. Reversing the ban on lawful permanent residents is a critical first step toward ensuring these financing tools are accessible to everyone strengthening their communities through entrepreneurship. We applaud this action and urge Congress to fully restore access by passing the Investing in the American Dream Act.” "Last year, nearly 5,700 SBA loans worth $5.7 billion went to businesses owned by green card holders, supporting more than 80,000 jobs. These are entrepreneurs who have put down roots here, hired their neighbors, and invested in the communities they call home. Barring them from capital doesn't protect Main Street—it starves it. What should matter is the strength of a business and its potential to grow, not the immigration status of its owner. This resolution doesn’t eliminate all the citizenship restrictions in SBA’s policy change, but it’s a step toward restoring a commonsense principle that stood for more than 30 years," said Howard Wial, Director of Research at ICIC. "I'm encouraged to see Congress moving to reopen access to capital for green card holders, a key tool for small business survival. Green card holders accounted for an estimated 5,700 SBA loans in Fiscal Year 2025, worth $5.7 billion and supporting more than 80,000 jobs across the country. That capital is often what keeps a business operating through its toughest stretches when cash flow gets tight. When qualified entrepreneurs lose access to that capital over their immigration status rather than their ability to repay a loan, it's the local economy that pays the price,” said Small Business for America's Future Co-Chair Shaundell Newsome, Founder of Sumnu Marketing. “Small businesses are the backbone of the American economy, and entrepreneurs —including green card holders — take risks every day to build businesses, create jobs, and strengthen communities. SBA loan programs should be administered with clear, consistent standards that safeguard public resources while ensuring these programs remain focused on supporting eligible entrepreneurs and job creators. This resolution responds to the opportunity to support all entrepreneurs and preserve the integrity of federally supported lending programs. We applaud the introduction of this resolution and remain committed to policies that strengthen small businesses, promote economic growth, and maintain confidence in these vital lending programs,” said Carolina Martinez, CEO of CAMEO Network. “National CAPACD wholeheartedly supports the introduction of this resolution aimed at overturning the SBA's misguided policy prohibiting immigrants from accessing the 7(a) and 504 loan programs. As a coalition, we are committed to creating systems, organizations, and societies that are fair and just. We believe we and our economy are stronger when we uplift our rich and diverse communities. Access to capital helps small businesses create jobs, build wealth, and strengthen neighborhoods. Restoring this pathway is an important first step toward ensuring immigrant entrepreneurs can continue to grow their businesses and contribute positively to our economy as a whole. We urge Congress to build on this momentum by passing the Investing in the American Dream Act, which would fully restore fair access to safe and affordable credit and uphold our commitment to a fair economy that works for everyone,” said Seema Agnani, CEO of National CAPACD. Ranking Member Markey is fighting for small business owners and immigrants that rely on SBA loans to start and run their businesses, create jobs, and contribute to their communities. In May, Ranking Member Markey highlighted the significant contributions of immigrant entrepreneurs in Massachusetts and across the country and condemned the Trump administration’s repeated attacks on immigrant communities at a Small Business Committee hearing. MIRA’s Elizabeth Sweet, who participated in Ranking Member Markey’s listening session earlier in May, provided testimony at the hearing. Also in May, Ranking Member Markey hosted a listening session at the Urban College of Boston to hear directly from several Massachusetts immigrant small business owners, lenders, and chambers of commerce how President Trump’s cruel and callous anti-immigrant policies are hurting Main Streets in the Bay State. Earlier in May, Ranking Member Markey hosted a press conference alongside Ranking Member Velázquez, Democratic lawmakers, and stakeholders to condemn the Trump administration’s harmful anti-immigrant lending policies and to introduce the Investing in the American Dream Act. In March, Ranking Member Markey released a comprehensive report detailing the harms to small business owners, workers, and consumers caused by the Trump administration’s ICE raids in communities across the country. In February, Ranking Member Markey introduced the Small Business ICE Disruption Fund Act, which would provide grants to small businesses that have been impacted by the Trump administration’s violent immigration enforcement actions on Main Streets across the United States. Earlier in February, Ranking Member Markey, Ranking Member Velázquez, Congressional Black Caucus Chair Yvette Clarke (D-N.Y.), Congressional Hispanic Caucus Chair Adriano Espaillat (D-N.Y.), and Congressional Asian Pacific American Caucus Chair Grace Meng (D-N.Y.) sent a letter urging the SBA to rescind their lending rule change that bars legal permanent residents from receiving SBA loans. Previously, Ranking Members Markey and Velázquez released a statement condemning the actions of the SBA after it announced that small businesses with legal permanent residents will be barred from receiving SBA loans. In December 2025, Ranking Member Markey and all Democratic members of the Senate Small Business Committee sent a letter to the SBA reiterating concerns with the SBA’s citizenship requirements and highlighting a drop in SBA lending volume. In September 2025, Ranking Member Markey heard directly from SBA lenders about the issues with the citizenship verification requirements. In July 2025, Ranking Members Markey and Velázquez sent a letter to the SBA expressing serious concerns with the agency’s new, draconian citizenship verification requirements that require small businesses seeking SBA loans to be 100% owned by U.S. citizens, nationals, and legal permanent residents. SBA has not responded to the letter. ###
GOP Lawmakers Back Trump on Iran War
Just four House Republicans join Democrats in trying to rein in president’s war powers amid rising tensions, economic fears.
House votes to restrict Trump’s Iran war powers in latest rebuke over the conflict
The US House voted to halt President Donald Trump’s war in Iran absent congressional approval, the latest repudiation by lawmakers of the president’s handling of the conflict.
Ford bets on Apple for its next-generation of EVs
Ford is the first automaker to use a new set of developer tools that will let it embed Apple Maps navigation and mapping directly into its vehicles' infotainment systems.
Airlines are spending ever more to maintain their fleets
Engine-makers are earning big bucks as a result
Ford Will Use Apple Maps in New Self-Driving System
In a first, Apple software will influence the way a new line of electric vehicles made by Ford Motor operates, and other automakers may follow.
Entertainment for everyone
Sarah Gross, fresh off releasing her fourth studio album earlier this month, leads the entertainment coming to local and regional venues over the next couple of weeks. The folk/Americana singer-songwr...
House Republican accuses Smith of lying about Trump probe and refers him for possible prosecution
A key Republican lawmaker says he believes that special counsel Jack Smith may have lied to Congress while testifying about his investigation of President Donald Trump and that the Justice Department should consider prosecuting him
Memphis People in Business for July 23, 2026
A look at promotions, hirings, movers and newsmakers in the Memphis area business scene
South Carolina lawmakers say they have a tentative state budget deal. It still has to pass.
Budget negotiators have an agreement to fund South Carolina government after operating under a continuing resolution for the last three weeks. Their colleagues still need to approve it.
Tongue Pacemaker Might Improve Sleep Apnea Patients' Health
By Dennis Thompson HealthDay ReporterTHURSDAY, July 23, 2026 (HealthDay News) — Do you have sleep apnea, but find CPAP machines too uncomfortable or noisy? A pacemaker for the tongue might help improve your sleep and overall health, a new study says. People who received a hypoglossal nerve ...
China's Geely to make electric SUVs at Ford Spain plant, jointly develop model for Europe
Geely Auto will build two electric SUVs at Ford's factory in Spain and the two firms will jointly develop a new model, they said on Thursday, as rising Chinese automakers race to use traditional carmakers' underutilized factories and get ahead of European local-content rules.
As cost of youth sports grows, Congress eyes regulation of private equity
WASHINGTON – Federal lawmakers are weighing restrictions on private equity in youth sports as families face rising costs, mandatory travel expenses and added fees. Industry supporters argue private investment expands facilities and access.
House votes to limit stock trading by members of Congress
Lawmakers in both parties have longed championed the ethics proposal
U.S. Sen. Alex Padilla reintroduces Health Equity and Accountability Act
Along with other federal Democratic lawmakers, Padilla said the proposal to reduce health disparities has become more urgent after funding cuts
House passes bill to restrict lawmaker stock trading — but stops short of full ban
The House narrowly passed a bill to add new restrictions on lawmakers trading stocks after a partisan dispute resulted in a narrower proposal that stops short of an outright ban.
Trump science adviser urges lawmakers to pressure National Academies on climate
The president has demanded an investigation of the National Academies that could cut off government funding.
OpenAI’s High-Stakes, High-Touch Push to Make AI Work for Business
The AI model maker has formed a services company staffed with forward deployed engineers and a partnership program to help businesses get real value from their technology.
Opinion | AI makes it easier to deny reality. Michigan politics are already suffering
Being caught on tape no longer ruins political careers — and policymakers, courts and media companies must act quickly to ensure accountability remains.
Dozens of House Democrats reject bill fusing congressional stock ban with federal voter ID
The House voted on a legislative package that includes a partial ban on lawmakers trading stocks and a federal voter ID requirement.
'You sir, are the failure': Hegseth pressed by Democratic senator on Iran war plan
Defense Secretary Pete Hegseth faced bipartisan scrutiny in the Senate on Tuesday as lawmakers pressed him to explain the rising costs of the war in Iran.
As Congress grapples with budget issues, OC business leaders urge lawmakers to renew ‘critical’ transportation funding
A bevy of federal transportation funding is set to expire this fall, which OC business advocates say could disrupt the regional economy if not reauthorized.
Opinion: Michigan’s businesses need more CPAs. Lansing shouldn’t delay the solution.
State lawmakers should move quickly to enact legislation creating an additional pathway to CPA licensure.
From Paper to Action: How Systematic Monitoring Can Help Health Benefits Packages Deliver on Their Promise
Health Benefits Packages (HBPs) can be a strategic tool to advance Universal Health Coverage. But their impact depends not only on the services included, but also on whether people effectively receive those services with adequate quality and financial protection. It also depends on the factors behind implementation gaps. While there is no shortage of guidance for using evidence-informed priority-setting approaches, less attention has been paid to monitoring whether, how, and why HBPs deliver (or not) in the real world. This gap matters, particularly in the context of stagnating progress towards Universal Health Coverage, because it leaves policymakers in the dark: Are HBPs delivering on the promise made to the population? If not, why, and what corrective action can be taken?
Saudis Reach Deal With U.S. That Could Let Them Enrich Nuclear Fuel
U.S. lawmakers and Israeli officials have expressed opposition to such a plan, to be announced Wednesday, fearing that the kingdom could use a civilian nuclear project to develop nuclear weapons.