Artisanal meat producers face a big barrier to getting into the game: They have to come up with a complex food safety plan that can take months of research and tens of thousands of dollars to craft. A new project wants to make it easier for the next charcuterie master to open shop by creating an open-source safety plan that newbies can look to.
The Labor Department says it won't be releasing its closely watched monthly jobs figures as scheduled on Friday due to the government shutdown. That will leave Federal Reserve policymakers, economists and financial markets without key data for making decisions.
After 16 years at Louis Vuitton, Mark Jacobs is expected to focus on an eventual IPO for his own brand, which could come within three years. Investors are interested, partly because the designer Michael Kors had a public offering in 2011, and since then shares have tripled in value.
On Wednesday, President Obama invited the top four congressional leaders to the White House for a chat. But after the meeting, no progress was reported on reopening the government. Hundreds of thousands of federal workers have been idled and services curbed across the country.
Flooding in Colorado has taken a toll on the state's small businesses. In the small town of Lyons, the road to recovery looks especially long. Businesses there not only need to repair damage, but also stay afloat for as long as six months without much of their customer base. That's because damaged water and sewage lines have made many parts of town unlivable.
The oil giant has won a partial victory after a U.S. appeals court halted some payments related to the 2010 oil spill in the Gulf of Mexico. It is a key win for BP which had complained that the payout formula was too generous, and compensated people that were not harmed. Billions of dollars in claims were filed by businesses and individuals in the aftermath of the Deepwater Horizon spill.
Central Falls, a former mill city in Rhode Island, has turned to the Internet for donations to fund a government project.The new mayor wants to update the local park with steel trash cans and recycling bins. So far citizens have committed $390 to the project — the goal is more than $10,000.
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