SBA shuts out non-U.S. citizens from its main lending program
Starting March 1, the SBA will no longer guarantee loans for small businesses owned by foreign nationals, including green card holders.
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Starting March 1, the SBA will no longer guarantee loans for small businesses owned by foreign nationals, including green card holders.
Some small business owners say they're struggling to stay afloat because of higher tariff, health insurance and energy costs.
At Glass & Pen Studios in Fort Lauderdale, attention to detail is key.
A South Florida business that was heavily damaged in an explosion earlier this year is slated to be demolished on Thursday.
The Downtown Development Authority, Flagler Business Improvement District and the City of Miami designed a five-phase plan to turn Miami's oldest street into a brick, curbless, festival-style space capable of hosting large outdoor events. However, delays hounded the project.
Estimates of the economic hit from the U.S. government shutdown put the losses at up to $16 billion every week the impasse continues.
The country's biggest pro-businesss organization says a new $100,000 H-1B fee for foreign workers will be "cost-prohibitive for U.S. employers."
Miami-Dade County Tax Collector Dariel Fernandez said his office will begin sending letters to violators in the coming weeks.
CBS News Miami contacted a spokesperson for the City of Lauderdale Lakes and Mayor Veronica Edwards Phillips.
The owner of an Oklahoma maker of guitar pedals has had to get creative to absorb higher import costs.
Triple-digit U.S tariffs on China will "wipe out our business completely," one small business owner says.
The owner of a small stationery business based in Pensacola, Florida, says her company is facing up to $1 million in tariff payments this year alone under the Trump administration's new tariffs.
South Florida businesses and consumers are feeling the impact of tariffs, leading to increased prices and cautious spending.
"Small consumables, electronics, car parts. They will go up in price considerably."
Small business owner Emily Ley says new U.S. tariffs on China will devastate her stationery store, calling the added costs "catastrophic."
Card Sound Road and businesses nearby had been boarded up due to the flames that have flared up since Tuesday.
The owner of Performance Team Sports has been wondering if he'll have to pay higher prices for their products.
The family-owned store, which has been in Oakland Park for the past 50 years, will shut its doors at the end of January.
The shopping event turns the focus on "shopping local" on the Saturday after Black Friday.
Local businesses are expecting a surge in customers when the Fort Lauderdale International Boat Show sails into town on Wednesday.
Nearly 80% of companies with remote workers are using some kind of Bossware, says HR expert Rob Wilson.
With an expected turnout in the hundreds of thousands, they had to prepare.
The change will allow entrepreneurs in Cuba to import food, equipment, and other goods, along with allowing Cuban business owners to bank with U.S. banks.
The Grammy Award-winning and multi-platinum music producer made a special appearance at the North Miami Beach Small Business Summit and Expo on Wednesday to receive the honor.
Under the new law signed this week, ByteDance has nine to 12 months to sell the platform to an American owner, or TikTok faces being banned in the U.S.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
President Trump says his objective in attacking Iran "is to defend the American people by eliminating imminent threats" from the regime in Tehran. Read his full statement and watch the video here.
The U.S. and Israel are attacking Iran, which is responding with attacks on U.S. bases in the region, as President Trump confirms "major combat operations."
Kelly Michel, 27, appeared in bond court after her arrest on one count of child abuse without great bodily harm.
The 67-year-old resident tells CBS News Miami that she is on the brink of foreclosure for a home she thought would be her forever home. A local property investor says this is not the first she's heard of this.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
President Trump says his objective in attacking Iran "is to defend the American people by eliminating imminent threats" from the regime in Tehran. Read his full statement and watch the video here.
The U.S. and Israel are attacking Iran, which is responding with attacks on U.S. bases in the region, as President Trump confirms "major combat operations."
Kelly Michel, 27, appeared in bond court after her arrest on one count of child abuse without great bodily harm.
The 67-year-old resident tells CBS News Miami that she is on the brink of foreclosure for a home she thought would be her forever home. A local property investor says this is not the first she's heard of this.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
Trump ally Sen. Lindsey Graham said the operation would be "violent, extensive and I believe, at the end of the day, successful."
President Trump says his objective in attacking Iran "is to defend the American people by eliminating imminent threats" from the regime in Tehran. Read his full statement and watch the video here.
The U.S. and Israel are attacking Iran, which is responding with attacks on U.S. bases in the region, as President Trump confirms "major combat operations."
President Trump said Friday that he is "not happy" with the pace of progress in negotiations with Iran.
Former President Bill Clinton denied any knowledge of Jeffrey Epstein's crimes in an opening statement before the House Oversight Committee in New York.
Any change to the property tax system would have to be approved by voters in November, and it seemed unlikely the House plan was going to be approved by the Senate.
Alyssa Alhadeff and Alex Schachter were murdered eight years ago at Marjory Stoneman Douglas High School. Now, their parents are championing legislation to ensure that the tragedy never happens again.
As the partial government shutdown gets underway, Moskowitz argued that ICE should be reformed.
Alexander Vindman spoke to CBS Miami's Jim DeFede on Sunday's Facing South Florida now that he is running for U.S. Senate in Florida.
The bill by State Rep. David Borrero would order a study on moving Miami-Dade's Urban Development Boundary (UDB) line and eliminating longstanding safeguards designed to protect the Everglades, requiring any project outside the UDB to receive a two-thirds vote of the County Commission.
The Sunshine state is on track to be the second-highest, with only nine cases behind Utah, and the numbers lagging by five days.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
In a new study that could have significant implications for future Alzheimer's treatment, researchers at the University of Miami have successfully figured out how to combat one of the early signs of the neurodegenerative disease.
One patient reports getting stuck with a $2,418 "facility fee" after seeing her doctor. "I didn't even know such a thing existed," she said.
Jimmy Carter made eradicating the Guinea worm a top mission of The Carter Center. Now it could soon become the second disease eradicated in history.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
Bobby J. Brown's breakout role was as a police officer on HBO's "The Wire." He appeared in 12 episodes across four seasons.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
Food festivals are changing, and social media is playing a huge part in it, with the SOBE Wine and Food Festival this year showcasing the impact.