SBA Releases New Lending Data

The U.S. Small Business Administration Office of Advocacy recently released its “Small Business Lending in the United States, 2020” report, which shows that small business loans (those below $1 million) increased by nearly 40 percent from 2019 to 2020, largely due to...

Worker Classification Rule Under Review

The Office of Information and Regulatory Affairs is in the process of reviewing a proposed rule from the U.S. Department of Labor’s Wage and Hour Division to rewrite how workers should be classified as independent contractors. The draft proposed rule, “Employee or...

EEOC Updates COVID Guidance

The Equal Employment Opportunity Commission has updated its guidance across several different areas relating to COVID-19 and the workplace, including when employees can be required to undergo COVID-19 testing, reasonable accommodations, and parameters around mandatory...
LaundroLab to Add Boston Location

LaundroLab to Add Boston Location

Laundromat franchise LaundroLab is set to launch its first location in Boston, spearheaded by local money manager Bill Shean. After more than 30 years as a professional money manager, Shean decided it was time for a career change. “I think it’s interesting to do...