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Nintendo's Making It Easier to Find Lost Switch 2 Joy-Cons
Continuing the steady stream of news about the upcoming Switch 2 console, Nintendo has now revealed that it's improved the console's ability to find lost Joy-Con controllers. The company demonstrated this in a video posted in the Nintendo Today app, which is available on Android and iPhone. How to locate missing Nintendo Switch 2 Joy-ConsTo find your missing Switch 2 Joy-Cons, go to the home screen, open the Controllers menu, and select Search for controllers. Now, select the missing controller to start your search. If you don't have the Nintendo Today app, check out this Bluesky post to see the feature in action. A similar feature was available on the original Nintendo Switch, where you could remotely trigger Joy-Con controllers to rumble, which would hopefully help you find them. Still, now you can go beyond a simple rumble. With the Switch 2, missing Joy-Cons will now vibrate and play a beeping sound, which should make it easier to hear your poor controller's cries for help. This process is quite similar to pinging your iPhone or Apple Watch. Nintendo hasn't yet revealed any speaker features for the Switch 2 Joy-Con, so it's likely the beeping sound is actually just some a retuned rumble. Still, that does paint an impressive picture of what HD Rumble 2 can do. This is not the only quality-of-life improvement Nintendo has confirmed for the Switch 2. Recently, the company revealed a charging limiter and the ability to lock the Switch 2 with a PIN. There's also support for third-party USB-C webcams. Still, not everyone will feel the need to spend more money to get the Switch 2. If you're on the fence, click through to compare the Nintendo Switch 2's specs with the original Switch. And don't forget to check out the list of games coming to the Switch 2, or the new mouse controls feature. View the full article
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Teams that build winning products use these 5 strategies from the start
Jake Knapp is a designer, investor, and general partner at Character Capital. He has spent the last 25 years helping companies create products that people genuinely love. He helped build Gmail, co-founded Google Meet, and has worked with hundreds of startups, including Blue Bottle Coffee, One Medical, and Slack. What’s the big idea? The foundation of success is shockingly simple, and yet most teams get bogged down for months trying to strategize a new idea. Making your next big project a hit relies on creating a powerful Founding Hypothesis from the get-go. When done right, this method ensures that everyone’s voice gets heard, there is enough clarity to accelerate experimentation, and a smart product gets to stand in a dazzling spotlight. Rather than wasting time, money, and missing opportunities, starting a project thoughtfully allows teams to move confidently and quickly toward solutions. Below, Jake shares five key insights from his new book, Click: How to Make What People Want. Listen to the audio version—read by Jake himself—in the Next Big Idea App. 1. Project beginnings are a hidden goldmine The beginning of a new project is a moment of massive opportunity. With a strong beginning, we define the right strategy, gain confidence, and build momentum. Without a strong beginning, it’s nearly impossible to succeed. Beginnings are crucial, but beginnings are totally overlooked. The world’s most popular approach to starting projects is chaos. Meet, and meet, and meet. Talk, and talk, and talk. Churn out slide decks, documents, and spreadsheets that no one reads. Outlast your opponents in a political cage match. Finally, rely on a hunch and commit to years of work. That’s the old way—and it is bonkers. Doing things the old way, it can take six months or more to develop a strategy. The old way is like assembling IKEA furniture by tossing parts, an Allen wrench, and a dozen squirrels into a broom closet, then hoping for the best. We don’t have to accept the old way. We can redesign how we start projects. We can structure the first hours so that we get the best contribution from every team member, make smart decisions, and find a winning strategy as fast as possible. 2. Most teams skip the basics Teams that build winning products share some fundamental traits. They know their customers, and the problem they can solve for them. They know which approach to take—and why it’s superior to the alternatives. And they know what they’re up against—and how to radically differentiate from the competition. These teams have mastered the basics. When I first began working with startups, I was embarrassed to ask founders basic questions like “Who are your competitors?” or “How will you differentiate?” because I didn’t want to waste their time or appear naive. “Smart, motivated people who respect their colleagues can still struggle to get on the same page.” But once I worked up the courage, I learned that if I asked three co-founders to write down their startup’s target customer, I got three different answers. If I asked a team what differentiated their product from the competition, I would witness a sixty-minute debate. Smart, motivated people who respect their colleagues can still struggle to get on the same page. Mastering the basics might be obvious, but it’s not easy. 3. A clear strategy starts with a clear calendar Business as usual stands in the way of mastering the basics. In the modern workplace, we’re supposed to attend meetings with teammates, managers, business partners, etc. We’re supposed to stay on top of our email and messages. We’re supposed to juggle multiple projects. And, of course, we’re supposed to meet deadlines and deliver results. But if we think we can take on ambitious projects and make them click with customers while bouncing along through business as usual, ricocheting from one context to the next, we’re fooling ourselves. Figuring out a project’s strategy takes intense focus. Choosing the best opportunity among many options takes intense focus. Designing and building a prototype to test our hypothesis? Yup, that, too, requires intense focus. The normal way of working does not allow for intense focus—especially intense focus that is shared by multiple members of a team. The solution is straightforward: make the difficult decision to call a timeout, drop everything—all the constant emails, constant meetings, constant context switching—and come together to think hard, make big decisions, and master the basics. 4. Silence and structure generate the best ideas The group brainstorm is our species’ natural response to collaboration. Gather a bunch of hunter-gatherers from the Ice Age and ask them to build a hut, and you’ll get a group brainstorm. Gather a bunch of Royal Society scientists from 17th-century England and ask them to come up with a business plan, and soon they’ll be shouting ideas and ordering out for pizza and sticky notes. “The normal way of working does not allow for intense focus.“ Group brainstorms are in our DNA. They’re fun—at least, for extroverts. But they don’t work. They produce mediocre ideas. They exclude those uncomfortable in the group, those who don’t excel at verbal sales pitches, and those who do their best thinking in silence. When it’s time to define your strategy, do not brainstorm out loud. Do not have an open-ended discussion. Instead, work alone together. Give each person time to generate proposals in silence, review others’ proposals in silence, and form opinions and vote in silence. 5. Strategy is better understood as a hypothesis Until a solution clicks with customers, “strategy” is just an educated guess. In one way or another, that guess is almost certainly wrong. Maybe we’re differentiating on speed when people care most about simplicity. Maybe we chose the wrong problem or the wrong customer. First guesses might be off by a lot or a little—but they are almost always off. So, instead of writing strategy documents, start with a Founding Hypothesis. A Founding Hypothesis is a simple Mad Libs-style sentence that describes the essential guesses behind every project: “If we solve [problem] for [customer] with [approach], then they will choose it over [competition] because our solution is [differentiation].” “First guesses might be off by a lot or a little—but they are almost always off.” The Founding Hypothesis is simple, and that’s exactly what makes it powerful. Products click when they make a compelling promise. That promise must be simple, or customers won’t pay attention. Best of all, once you’ve written a Founding Hypothesis, there’s no hiding behind slides, charts, and projections. Your educated guess is standing in a dazzling spotlight, and you’ll want to experiment, right away, to find out if the hypothesis is correct. This article originally appeared in Next Big Idea Club magazine and is reprinted with permission. View the full article
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Fed exploring home loan bank collateral interoperability
Federal Reserve Vice Chair Philip Jefferson said the central bank is in the "early stages" of enabling banks to pledge assets to both the Federal Home Loan Bank and discount window liquidity facilities. View the full article
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Mortgage bonds largely unscathed after Moody's downgrade of US
Mortgage bonds supported by government-backed companies like Fannie Mae and Freddie Mac were trading slightly wider Monday morning after Moody's Ratings downgraded the US late last week.
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U.S. tech firms earn dismal grades on human rights report card
This story originally appeared in Global Voices. A decade after the first assessment, the 2025 Ranking Digital Rights Index: Big Tech Edition reveals a landscape of paradox. While some of the world’s most influential digital platforms demonstrate incremental improvements in transparency, particularly in governance disclosures from Chinese companies like Alibaba, Baidu, and Tencent, the overall picture suggests a concerning inertia. In a world grappling with rising authoritarianism, the use of AI tools, and ongoing global conflicts, the report shows that many Big Tech companies are largely continuing with “business as usual,” failing to address critical issues. The concentration of power within Big Tech remains a central concern. The report highlights how companies like Alphabet, Amazon, Apple, Meta, and Microsoft have aggressively acquired competitors, consolidating their dominance in the digital landscape. This market concentration, where Alphabet, Meta, and Amazon capture two-thirds of online advertising revenue, grants them power over online access and information flows. Despite increasing scrutiny from legal systems, evidenced by rulings against Google for illegal monopolies in search and advertising, the political influence of Big Tech appears to have increased. The symbolic image of US Big Tech CEOs in the front row of the presidential inauguration underscores their deep connections with government bodies, potentially hindering much-needed oversight at a time when human rights and democratic structures face unprecedented challenges globally. This dominance is further exacerbated in a context of conflict. “Alphabet, Amazon, and Microsoft have all developed tools meant for war and integration with lethal weapons. Their cloud infrastructure has powered military campaigns,” reveals the report. Ranking Digital Rights also calls attention to propaganda, especially on X and platforms owned by Meta. Lack of transparency While the report highlights pockets of progress, particularly among Chinese companies (Alibaba, Tencent, and Baidu), showing increased transparency in governance, patterns have been spotted throughout the analysis that raise concerns. Though Meta has shown improvements in disclosing how its algorithms curate content and has enhanced security with default end-to-end encryption on some messaging services, significant shortcomings persist across the industry. A common issue is the widespread lack of transparency in how companies handle private requests for user data or content restrictions, with Samsung notably disclosing no information in this area. The very engines of Big Tech’s profit—algorithms and targeted advertising—remain largely opaque. Despite the known risks for democracies linked to disinformation and election interference, none of the assessed companies achieved even half the possible score in this area. Alphabet and Meta even showed slight declines in transparency related to their targeted advertising practices. Most companies fail to disclose information about advertisements removed for violating their policies or provide evidence of enforcing their ad targeting rules. X declined significantly more than other companies analyzed. “The company’s transformation from the publicly listed Twitter to the privately held X Corp. and the elimination of its human rights team coincided with a significant drop in transparency across its governance, freedom of expression, and privacy practices,” the report emphasized. X failed to publish a transparency report in both 2022 and 2023. While a report finally surfaced in September 2024, it fell outside the assessment’s cutoff. Even more troubling is the reported removal of years’ worth of transparency reports dating back to 2011. Finally, the report points to a troubling pattern of policy evolution. Companies like Meta and YouTube have been revising their content policies in ways that have sparked widespread concern, such as Meta dismantling its third-party fact-checking program in the US and YouTube removing “gender identity” from its hate speech policy. Global Voices covered the consequences of this policy in Africa, and also how fact-checking practices are needed amidst digital authoritarianism, especially during elections, such as the case of Indonesia. This suggests a potential shift towards justifying existing behaviors rather than upholding previously embraced principles. The 2025 RDR Index demonstrates stagnation at a critical time. While acknowledging some positive developments, the report also calls for a renewed effort from different stakeholders, especially civil society, investors, and policymakers. View the full article
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Airbnb ordered to block over 65,000 holiday rentals in Spain for rule violations
Spain has ordered Airbnb to block more than 65,000 holiday listings on its platform for having violated rules, the Consumer Rights Ministry said Monday. The ministry said that many of the 65,935 Airbnb listings it had ordered to be withdrawn did not include their license number or specify whether the owner was an individual or a company. Others listed numbers that didn’t match what authorities had, it said. Spain is grappling with a housing affordability crisis that has spurred government action against short-term rental companies. In recent months, tens of thousands of Spaniards have taken to the streets protesting rising housing and rental costs, which many say have been driven up by holiday rentals on platforms like Airbnb that have proliferated in cities like Madrid and Barcelona and many other popular tourist destinations. “Enough already with protecting those who make a business out of the right to housing,” Consumer Minister Pablo Bustinduy told reporters on Monday. Airbnb said that it would appeal the decision. Through a spokesperson, the company said it did not think the ministry was authorized to rule on short-term rentals—and that it had utilized “an indiscriminate methodology” to include Airbnb rentals that do not need a license to operate. Last year, Barcelona announced a plan to close down all of the 10,000 apartments licensed in the city as short-term rentals by 2028 to safeguard the housing supply for full-time residents. The ministry said it had notified Airbnb of the noncompliant listings months ago, but that the company had appealed the move in court. Spain’s government said Madrid’s high court had backed the order sent to Airbnb. Bustinduy said it involved the immediate removal of 5,800 rental listings from the site. Two subsequent orders would be issued until the nearly 66,000 removals are reached, he said. Spain’s government said the first round of affected properties were located across the country, including in the capital, Madrid, as well as in the regions of Andalusia and Catalonia, whose capital is Barcelona. —Suman Naishadham, Associated Press View the full article
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Moody’s throws Trump a curve ball
Credit downgrade is symbolic blow to American prestige and should spur Washington to get its fiscal house in order View the full article
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How Private Equity Can Help You Cash in on Your Business Twice
You are probably hearing other business owners refer to the term “the second bite” with a big smile on their faces. The second bite refers to the opportunity that arises after a business owner sells less than 100 percent of their ownership stake. By leaving chips on the table, business owners have the chance to partner with a private equity firm to accelerate growth and business value. This can lead to a second bite which comes during the next sale of the business. At some point, many great businesses reach an inflection point: a time when the owner wants a partner who can help preserve and enrich the future of the business (and do it in the right way). When a business owner is selling and thinking ahead to a second bite (rolling equity and exiting again down the line), the three most important elements to focus on are: 1. Pick your dance partner wisely It is essential to find a partner who is a good fit for your business and its growth. This partner will work with you for the next three to seven years. To accelerate the business’s value, you have to bring in great talent, technology, and tools. The right business partner will help you make sure you invest in the right things at the right time. You have to assess the following: Does your potential partner share and support your vision for the next growth stage? Can they provide operational, financial, or strategic resources to accelerate growth? Do they have a track record of treating team members and founders well? Just like when dating, make sure you learn all you should before you agree to get married. 2. Roll the dice A lot has changed over the past 10 years, and now that capital is more founder-friendly, it means there are more opportunities for an owner to stay involved and “roll the dice.” It provides great outcomes for founders, and investors are more willing to partner with founders and create founder-friendly terms where they work hard on alignment while honoring the founder’s ability to take the next step. Set clear expectations on the equity rollover terms, clarify governance and control rights, i.e., will they remain on the board or continue in an operational role, and define liquidity terms and a clear timeline for how and when to monetize the second bite. 3. Align on growth plans and your participation Sellers and buyers must agree on how value will be created, whether through organic growth, mergers and acquisitions, or operational strategies. Also, the owner’s involvement can directly impact their second bite’s value. So, it’s essential to determine if you as the owner will be involved in day-to-day operations or you’ll be taking on a more strategic role. The second bite is an opportunity we’re seeing more frequently now, and it’s here to stay. It’s an excellent chance for founders to stay involved and participate in that accelerated growth with their new partner. View the full article
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Mozilla Just Patched Two Firefox Zero-Days Discovered at a Hacking Contest
If you're a Firefox user, you need to update your browser. Mozilla has released a security patch for two zero-day vulnerabilities identified at the recent Pwn2Own hacker contest held in Berlin. Zero-days are critical security flaws that have been actively exploited or publicly disclosed before an official fix is available. Browsers are targets for malware, and Firefox isn't the only browser to discover zero-day exploits in recent days. Earlier this month, Google released an emergency patch for Chrome to address a high-severity vulnerability (CVE-2025-4664) that permitted full account takeover—CISA later confirmed that this flaw was being actively exploited in attacks. (If you're using Chrome, you should consider other privacy-focused browser alternatives anyway.) Zero-days discovered in FirefoxBoth zero-day exploits discovered at Pwn2Own Berlin are out-of-bounds flaws that allow attackers to read or write data, potentially gaining access to sensitive information or permitting code execution. CVE-2025-4918 allows read or write on a JavaScript Promise object (a proxy value for a process that hasn't been completed yet) while CVE-2025-4919 permits read or write on a JavaScript object (a collection of "properties," which are associations between keys and values). CVE-2025-4918 was discovered by Edouard Bochin and Tao Yan from Palo Alto Networks, while CVE-2025-4919 was reported by Manfred Paul—each won $50,000 for their hacks. The following versions of Firefox are vulnerable to these flaws and should be updated: Firefox before 138.0.4 Firefox Extended Support Release (ESR) before 128.10.1 Firefox ESR before 115.23.1 Firefox for Android While Mozilla was quick to address these flaws, the company notes that neither broke out of Firefox's "sandbox," which would be required in order to take control of a target's machine. That's a good sign for Firefox's overall security, as attackers at previous Pwn2Own competitions successfully broke out of the sandbox. Still, Mozilla recommends all users install the new patches as soon as possible. How to update Firefox to the latest versionIf you're a Firefox user, make sure your browser is up to date. You can check which version you're on by going to Firefox > About Firefox. Click the Restart to Update Firefox button if it appears. View the full article
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U.K. and EU strike new deals—resetting ties 5 years after Brexit
Britain and the European Union hailed a new chapter in their relationship Monday after they sealed new agreements on defense cooperation and easing trade flows at their first formal summit since Brexit. Prime Minister Keir Starmer, who met European Commission President Ursula von der Leyen and other senior EU officials in London for talks, said the deals will slash red tape, grow the British economy and reset relations with the 27-nation trade bloc since the U.K. left the EU in 2020. “Britain is back on the world stage,” Starmer said. “This deal is a win-win.” Von der Leyen called the talks a “historic moment” that benefits both sides. More broadly, she said it sends a message at a time of global upheaval that the U.K. and EU are “natural partners standing side-by-side on the global stage.” Britain’s opposition parties slammed the deals as backtracking on Brexit. “We’re becoming a rule-taker from Brussels once again,” Conservative Party leader Kemi Badenoch said. Under the deals, a new U.K.-EU defense and security partnership will allow the U.K. to access a EU defense loan program worth 150 billion euros ($170 billion.) Other agreements include removing some checks on animal and plant products to ease food trade across borders, and a 12-year extension of an agreement allowing EU fishing vessels in U.K. waters. While the EU is the U.K.’s largest trading partner, the U.K. has been hit with a 21% drop in exports since Brexit because of more onerous border checks, laborious paperwork and other non-tariff barriers. Post-Brexit visa restrictions have also hobbled the cross-border activities of professionals such as bankers or lawyers, as well as cultural exchanges, including touring bands and school trips. Resetting relations Since becoming prime minister in July, Starmer has sought to reset relations with the EU, following years of tensions in the wake of the U.K.’s 2016 Brexit referendum. Post-Brexit relations have been governed by a trade agreement negotiated by then-Prime Minister Boris Johnson. Starmer thinks that can be improved in a way that boosts trade and bolsters security. Starmer hailed Monday’s agreements—the third package of trade deals struck by his government in as many weeks following accords with the U.S. and India—as “good for jobs, good for bills and good for our borders.” Burgers, fishing and youth mobility The defense pact will allow Britain’s defense industry to access cheap loans from a new EU loan program to buy military equipment, in part to help Ukraine defend itself. In trade, officials say they will reduce routine border checks and costs on some food imports and exports to make it easier for goods to flow freely. The changes will mean the U.K. can sell products like British burgers and sausages to the EU again, officials said. “We know we’ve had lorries waiting for 16 hours, fresh food in the back not able to be exported, because frankly it’s just going off, red tape, all the certifications that are required, we absolutely want to reduce that,” Cabinet Office minister Thomas-Symonds, who led the negotiations, told the BBC. In fisheries, the deal means European fishing boats will have access to U.K. waters until 2038. While economically minor, fishing has long been a sticking point and symbolically important issue for the U.K. and EU member states such as France. Disputes over the issue nearly derailed a Brexit deal back in 2020. The talks also included a youth mobility plan that’s expected to allow young Britons and Europeans to live and work temporarily in each other’s territory, though no details were provided. That remains a politically touchy issue in the U.K., seen by some Brexiteers as inching back toward free movement. The U.K. has similar youth mobility arrangements with countries including Australia and Canada. Starmer has stressed that the U.K. won’t rejoin the EU’s frictionless single market and customs union, nor agree to the free movement of people between the U.K. and the EU. Opposition objects to a ‘surrender’ Some of the trade-offs may prove difficult for Starmer, who faces growing challenges from the pro-Brexit and anti-immigration Reform U.K. party and accusations of “betraying” Brexit. Reform, which recently won big in local elections, and the Conservatives have called the deal a “surrender” to the EU. U.S. President Donald The President, who has backed Brexit, could also be a potential headache for Starmer. “The reset could still be blown off course by disagreements over how to consolidate existing areas of cooperation like fisheries and/or external factors, such as a negative reaction from the U.S. to the U.K. seeking closer ties with the EU,” said Jannike Wachowiak, research associate at the UK in a Changing Europe think tank. —Sylvia Hui, Pan Pylas, and Jill Lawless, Associated Press View the full article
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Third man arrested over arson attacks on Starmer’s London home
34-year-old held on suspicion of conspiracy to commit arson with intent to endanger lifeView the full article
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Who is Daniel Heaf? New Bath & Body Works CEO comes from a leadership shakeup at Nike
Bath & Body Works just announced its second new CEO in three years, and he’s coming straight from a leadership shakeup at Nike. According to a press release published this morning, Daniel Heaf will take over at Bath & Body Works, effective immediately. Heaf arrives at the company fresh off of his most recent executive position at Nike, a role which he departed in March after management chose to eliminate his role, according to documents reviewed by Bloomberg. Bath & Body Works’ current CEO, Gina Boswell, has stepped down from the position after just over two years. Alongside the CEO swap, Bath & Body Works also pre-announced better-than-expected first quarter results this morning. Per the press release, the company expects net sales to increase year-over-year by 3% to $1.4 billion for the quarter ending on May 3. It also maintains its initial full-year 2025 guidance that net sales are expected to rise by 1% to 3%, a change that the company says reflects a 10% tariff on Chinese goods but excludes any other potential tariffs. So far, investors haven’t been sold on the news of Heaf’s new role: Since market close, stock is down 1.42% as of this writing. Who is Daniel Heaf? Before joining Bath & Body Works, Heaf held leadership roles at both the BBC and Burberry. Most recently, he served a six-year stint at Nike. According to his LinkedIn, Heaf started at Nike as the vice president of global direct digital commerce. From there, he moved up to become the vice president of Nike Direct, the company’s direct-to-consumer branch, during which time he oversaw 45,000 employees across 41 countries and “more than doubled the business to $22.3 billion in five years,” per the press release. Heaf’s last position as Nike’s chief strategy and transformation officer started in 2023 and came to an unceremonious end this March. Bloomberg found that his position was eliminated as part of a larger corporate overhaul spearheaded by Nike CEO Elliott Hill, who took the helm in October. Hill has been fighting an uphill financial battle amidst the The President administration’s global trade war, given that Nike’s main country of import, Vietnam, is currently facing an impending 46% tariff. In March, Nike announced middling third quarter financial results and warned of a potentially worse fourth quarter, which ends this month. In his new role at Bath & Body Works, Heaf says he plans to harness the company’s “extraordinary untapped potential” and lead it into its “next chapter of growth.” “Together, with the foundation of an iconic brand, more than 50,000 associates, tens of millions of active loyalty members, and a strong North American store footprint and supply chain, we have an opportunity to become the defining home fragrance and beauty brand of choice globally,” Heaf said in the press release. View the full article
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Confused about your student loan status? Here’s help
Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans. Recently, the Education Department announced it would start involuntary collections on defaulted loans, meaning the roughly 5.3 million borrowers who are in default could have their wages garnished by the federal government. At the center of the turmoil are the government’s income-driven repayment plans, which reduce monthly payments for borrowers with lower incomes. Those plans were temporarily paused after a federal court blocked parts of the plans in February. “There’s so much confusion, they’ve made it very complicated,” said Natalia Abrams, president and founder of the Student Debt Crisis Center. At the same time, some borrowers are struggling to get their loan servicers on the phone, making it hard to find answers to their questions, said Abrams. If you’re a student loan borrower, here are some answers to your questions. What if I want to enroll in an income-driven repayment plan? Applications for income-driven repayment plans are open, but they’re taking longer than usual to process. The applications were temporarily shut down earlier this year after a federal court in Missouri blocked the SAVE plan, a Biden administration plan that offered a faster path to loan forgiveness. The judge’s order also blocked parts of other repayment plans, prompting the Education Department to pause income-driven applications entirely. Amid pressure from advocates, the department reopened the applications on May 10. Borrowers can apply for the following income-driven plans: the Income-Based Repayment Plan, the Pay as You Earn plan and the Income-Contingent Repayment plan. Abrams expects applications will continue to be approved but at a slower pace than before the application pause. Borrowers currently enrolled in an income-driven plan should be receiving notifications about recertification, said Khandice Lofton, counsel at the Student Borrower Protection Center. Recertification is required annually to update information on family size and income, and dates are different for each borrower. To review income-driven repayment plans, you can check the loan simulator at studentaid.gov. What if I applied to the SAVE plan? Borrowers enrolled in the SAVE plan have been placed in forbearance while a legal challenge is resolved. That means they don’t have to make payments and interest is not accruing. Time in forbearance normally does not count toward Public Service Loan Forgiveness. The Education Department will notify borrowers with updates on payments and litigation. “We don’t know for sure when the SAVE forbearance is going to end,” Abrams said. While the future of the SAVE plan is decided in court, Abrams encourages borrowers to explore their eligibility for other income-driven repayment plans. What if I want to consolidate my student loans? The online application for loan consolidation is available again, at studentaid.gov/loan-consolidation. If you have multiple federal student loans, you can combine them into one with a fixed interest rate and a single monthly payment. The consolidation process typically takes around 60 days to complete. You can only consolidate your loans once. What if my loan was forgiven? It would be difficult for the Education Department to reinstate loans that were canceled during President Joe Biden’s administration. So far, it isn’t believed to be happening, Abrams said. What about the Public Service Loan Forgiveness program? Nothing has changed yet. President Donald The President wants to change the Public Service Loan Forgiveness program to disqualify workers of nonprofit groups deemed to have engaged in “improper” activities. He signed an executive order to that effect, but it has yet to be enforced. Borrowers enrolled in PSLF should keep up with payments to make progress toward loan forgiveness, said Sarah Austin, policy analyst at the National Association of Student Financial Aid Administrators. “There could be some changes coming in regards to PSLF but at this current time PSLF is still functioning and there is still loan forgiveness being processed under the PSLF provision,” said Austin. An income-driven repayment tracker has disappeared from the federal student loan website for many borrowers, said Abrams. For keeping track of their status, Abrams is recommending that borrowers take screenshots of their payments. What if I can’t get a hold of my loan servicer? Contacting your loan servicer is crucial to managing and understanding your student loans. Due to the large number of people trying to get answers or apply for programs, loan servicers are taking longer than usual to respond. Abrams recommends borrowers prepare for long wait times. “We’ve heard borrowers being in hold for three or four hours, then being transferred to a supervisor and then being hung up on, after all that wait time. It’s incredibly frustrating,” Abrams said. What can I do if I’m delinquent on my student loans? If you’re delinquent, try to get back on track. Borrowers who don’t make their payments for 270 days go into default, which has severe consequences. “If you’re delinquent but have not defaulted yet, do whatever you can do to avoid going default,” said Kate Wood, a student loans expert at NerdWallet. Borrowers who are delinquent on their student loans take a massive hit on their credit scores, which could drop 100 points or more, Wood said. A delinquency stays on your credit report for seven years. Wood recommends contacting your servicer to ask for options, which can include forbearance, deferment or applying for an income-driven repayment plan. What if I’m in default on my student loans? The Education Department is recommending borrowers visit its Default Resolution Group to make a monthly payment, enroll in an income-driven repayment plan or sign up for loan rehabilitation. Betsy Mayotte, president of The Institute for Student Loan Advisors, recommends loan rehabilitation. Borrowers in default must ask their loan servicer to be placed into such a program. Typically, servicers ask for proof of income and expenses to calculate a payment amount. Once a borrower has paid on time for nine months in a row, they are taken out of default, Mayotte said. A loan rehabilitation can only be done once. What happened to Fresh Start? The Fresh Start program was a one-time temporary program that helped borrowers get out of default. This program ended Aug. 31, 2024. The Associated Press receives support from Charles Schwab Foundation for educational and explanatory reporting to improve financial literacy. The independent foundation is separate from Charles Schwab and Co. Inc. The AP is solely responsible for its journalism. —Adriana Morga, Associated Press View the full article
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Some of My Favorite Smart Home Products Are Getting Smaller Models
We may earn a commission from links on this page. The only thing I didn’t love about the Mammotion Luba robot lawn mower I tested last summer was its size. It’s a hulking four-wheel-drive robot and I live in the city, where we don’t have huge lawns. Enter the Luba Mini, a halved version of the Luba meant for smaller lawns (and tighter budgets). In fact, if you paid attention this spring, miniaturized versions of some of my favorite technology were everywhere. These mini-me versions seem to be driven, according to the companies themselves, by two market needs. While smart home tech is incredible in terms of functionality and independence, it often comes at a steep cost. But it’s not just price driving the shrinking of our tech; many companies realized was that many folks wanted the automation even when they didn’t have an acre of lawn to mow or a wall of windows to clean. Here’s how a few of my favorite pieces of technology have shrunk themselves to become more accessible and affordable. Mini lawn mowers Yuka full size on the left and mini on the right Credit: Amanda Blum Mammotion released mini models of both the Luba (AWD) and Yuka (2WD) robot mowers, and I’ve been testing them for the last month. In terms of size, they’re perfect for most suburban and urban lawns under ¼ acre and have almost the same functionality as the larger models. That's the point, according to Senior Product Manager David Cheng, who told me, "We weren’t just shrinking our existing models—we were filling a real gap in the market for homeowners seeking smart, perimeter wire-free lawn care that fits smaller outdoor spaces." Mammotion’s mowers require an RTK tower, which is a highly accurate GPS method that allows for triangulation between the mower, the tower and satellites. Using your phone as a remote control, you walk the robot around the perimeter of your lawn to set up zones, and create pathways between zones so the robot can navigate on its own. The minis have a new benefit, which is the ability for them to map spaces on their own, without you walking them around. If your yard has clear borders, I found it worked as well as mapping the area on your own. The larger Yuka comes with a hopper for grass clippings, which you can teach to dump the clippings anywhere you like—the mini doesn’t have that option. Still, I didn’t find the hopper very usable on the large version, so no loss there. I did find the minis had trouble, regardless of which version of mapping you used, getting to some edges of the yard. If there were overhanging shrubs casting a long shadow, the AI would interpret that as a no-go zone, avoiding it altogether. Still, that was the only degradation of features I found between the models. The mini has another benefit: It’s a lot less conspicuous parked at the dock, given the size. While you can install a 4g chip in your robot and set up notifications in case someone grabs it and goes, you just know where someone has absconded with it to. The models use the same app, and the minis mowed as well as the original models. At a dramatically lower price point, this gives you an excuse to invest in a robot mower if the thing holding you back was how large or expensive they are. Mammotion Luba full size robot mower at Amazon Shop Now Shop Now at Amazon Mammotion Luba Mini robot lawn mower $1,999.00 at Amazon Shop Now Shop Now $1,999.00 at Amazon Mammotion Yuka mini robot lawn mower $999.00 at Amazon $1,098.00 Save $99.00 Shop Now Shop Now $999.00 at Amazon $1,098.00 Save $99.00 Mammotion Yuka 2000 robot lawn mower $2,448.00 at Amazon Get Deal Get Deal $2,448.00 at Amazon SEE 1 MORE Smaller smart grills The original Brisk It Origin Credit: Amanda Blum Last summer I tested all the smart grills on the market, and my favorite was the Brisk It Origin. Through the fall, winter, and this spring, I have used it extensively because it turns smoking (a merciless task that involves a lot of overnight grill babysitting) into a flawless, hands-off experience. You tell the grill what you want to make, and AI kicks in to tell the grill how to make it, and it will notify you when it's time to flip things over or add a baste; when it's done, the grill turns itself off. You can, of course, edit the smoking program, create one on the fly, or just use the smoker manually as a grill. I went from someone who never rarely smoked on the grill to someone who does so once a week. On my recommendation, a BBQ devotee up the block added a Brisk It to their three-smoker lineup and revealed to me that it has become their favorite. Still, the original Brisk It clocks in just under $600 so I was excited to test the Zelos, a smaller, less expensive Brisk It with all the functionality of the Origin, albeit with less real estate. My experience isn't that unique, according to Christopher Huang, CEO at Brisk It. "Over 70% of U.S. adults say they want to cook more at home, but cite time and effort as their biggest barriers...and while more than half of home cooks express interest in smart kitchen tech, only 15% actually use it regularly." the mini has about 80% of the space of the original, seen here. I fit a whole rack of ribs plus a tray of chicken, but couldn't fit two racks of ribs. Credit: Amanda Blum Even as a highly enthusiastic home cook willing to put in the time, I cannot deny how much utility I get out of smart home automation in the kitchen. A smart grill is out of this world, since the notifications and temperature reporting of the grill and food means I don't have to stand over the grill. Brisk It even helps control the stall that barbecued meats often experience. Last month, I set up the Zelos (a thirty-minute affair) and invited neighbors over. I was worried about the smaller grill space (the Origin has 580 inches of grill space to the Zelos' 450 inches). While I could fit more racks of ribs on the Origin, the Zelos accommodated a full rack, plus a whole tray of chicken thighs, and I used the upper rack to smoke an array of vegetables. It didn't escape my attention that because the smaller grill uses less fuel (both are powered by pellets, although the control unit requires electricity), I'd be more likely to use it more often. Again, the app experience is the same on both models, and is highly functional and, dare I say, pretty fun. The AI the program uses is great for finding new recipes, a function I find underwhelming in practice on other products. At a reduced price, the Zelos makes an awfully appealing Father's Day gift, since it will also free up Dad from watching the grill all day. Brisk It Origin 940 Smart Smoker and Grill $849.99 at Amazon Shop Now Shop Now $849.99 at Amazon Brisk It Origin 580 Smart Smoker and Grill $549.99 at Amazon $599.99 Save $50.00 Shop Now Shop Now $549.99 at Amazon $599.99 Save $50.00 Brisk It Zelos Smart Smoker and Grill $449.99 at Amazon /images/amazon-prime.svg Shop Now Shop Now $449.99 at Amazon /images/amazon-prime.svg SEE 0 MORE A smaller window-washing robot In full disclosure, the only reason I haven't tested a Winbot, the window washing robot, is that I simply don't have the window real estate. The Winbot is about 13 inches square, and works by suctioning itself to your window and then putting it through a four-step wash process. I know people with Winbots, and if you have large square or rectangular windows, particularly those where some portion of the window is out of reach, it seems worthwhile. If you've got arched windows, though, the Winbot struggles with shapes that don't match the design of the robot itself, which has 90-degree angles. The Winbot also isn't for curved glass. These may seem like a lot of limitations, but I spent the winter in Arizona looking at a lot of glass patio doors, patio rooms, and walls of dusty windows and thought, "Ah...this is what the Winbot is for." Except now, there's a Winbot Mini, with an 8.5-inch square footprint. At that size, almost all my windows are fair game, so I'm excited to try it out. That was the point, according to Michelle Jones, U.S. spokesperson for ECOVACS, who said, "We saw an opportunity to bring the power of our larger window-cleaning robots to homeowners in the U.S. who have smaller or segmented window panes and don’t need a fixed cleaning station." But Ecovacs also points to a more specific problem that a lot of smart tech products suffer from, in my opinion: By the time the company has worked out the tech, the solution is often overly complicated. Ecovacs recognized that, as well, and simplified the offering in the Winbot Mini. The Mini ditches the rubber bumpers of the larger model, but that means better edge-to-edge cleaning. The mini also gains more portability by not having a heavy station like the full size model. What the mini lost seems like a worthwhile tradeoff for the price: The large Winbot has twice as many cleaning programs and more safety features (12 to the Mini's 9), but in both cases, what the Mini has seems sufficient. Priced around $250, the WinBot Mini feels like a luxurious piece of tech within reach for most folks. [add to list https://www.amazon.com/ECOVACS-WINBOT-Window-Cleaning-Robot/dp/B0DR8W696Y] Ecovacs Winbot W2 Pro Omni $499.99 at Amazon /images/amazon-prime.svg $599.99 Save $100.00 Shop Now Shop Now $499.99 at Amazon /images/amazon-prime.svg $599.99 Save $100.00 Ecovacs Winbot Mini $199.99 at Amazon /images/amazon-prime.svg Learn More Learn More $199.99 at Amazon /images/amazon-prime.svg SEE -1 MORE The Shelfy Lite the original Shelfy Credit: Amanda Blum For the last six months, I've had a Shelfy installed in my fridge. A small, charegable device, the Shelfy uses a catalyst on a ceramic filter, activated by LED lights in the device to mimic chlorophyll photosynthesis. To simplify, it purifies the air in your fridge to remove ethylene gas that ripens vegetables, and it removes odors and prevents cross contamination. I can confirm that it works to make your fridge smell better, and while I can't confirm the additional twelve days of freshness in vegetables that Shelfy claims, it has definitely added some shelf life to my fruits and vegetables. In particular, I notice the change in fruit. I buy strawberries and blueberries with some regularity year round, so I know traditionally how long they'd last before starting to form mold (two to four days). As long as I have Shelfy charged, I can get a full week out of strawberries and ten days out of blueberries. That's a huge difference that creates savings in my food budget. The CEO of Shelfy, Paolo Ganis, put a number to the savings, explaining that "the average family throws away approximately $1,996 worth of food each year—money that could easily be saved with better food preservation." Vitesy Smart Refrigerator Device | Extends Food Freshness $149.99 at Walmart Learn More Learn More $149.99 at Walmart Shelfy isn't large or particularly expensive (it's just under $150) but Vitesy has just introduced a Kickstarter for the Shelfy Lite, which will only be $66 (the project is already funded). "Through a number of user surveys, we consistently heard that people loved the idea behind Shelfy but wanted a version that was more accessible: smaller, more affordable," Ganis said. The Lite adds multiple modes to the device, one for the general fridge, one for the crisper drawer and a power mode for when someone buys a particularly stinky cheese. The Lite improves on the battery charging and performance over the original model, and comes in some additional accent colors, if you care about that sort of thing. The Lite is only marginally smaller than the original Shelfy, but at less than half the price, that seems immaterial. What I've enjoyed about the Shelfy is that there are no filters to replace; you simply wash and wet the ceramic filter when you recharge the device every few weeks. If you don't recharge it, there are no annoying beeps or notifications—it's been a quiet helper. A smart home hub for lessSometimes even I forget there are smart home hubs outside of Samsung, Amazon, Apple, and Google. But Homey, a hub that keeps all your connections local, has gained traction over the last few years since its introduction. Homey has a specific focus on automation through its "Flow" platform, which is a version of routines or automatons in any other platform. Homey fans claim Flow has far more flexibility, and although I've never found Alexa or Google Home difficult, Homey is noted for its appeal to beginner smart home fans. Still, at just under $400, the Homey Pro hub was an expensive way to dive into smart home tech, compared to other platforms. Jasper Foppele, head of marketing at Homey, was transparent about their strategy, explaining that their usage data and feedback made clear they had to rethink their offering. Instead of trying to offer everything (the Homey Pro supports 60 apps), the Homey product team chose the core technology they saw being used in the U.S. market (Matter, Thread, Zigbee) and winnowed the app coverage to the most common 25. "This approach allowed us to significantly reduce cost and complexity," Foppele said, "a privacy-first, locally running smart home hub priced at $199." The Homey Pro Mini still prioritizes local first connection, including backups, but it has an option for cloud backup. The Mini is on pre-order and will ship sometime this month. View the full article
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23andMe, including sensitive genetic data, sold to biotech company Regeneron Pharmaceuticals
Genetic data was on the auction block, and a U.S. biotech company ponied up the cash. New York-based Regeneron Pharmaceuticals announced on Monday that it has purchased DNA testing company 23andMe through a bankruptcy auction for a total of $256 million. The deal includes most of the company’s assets, including, notably, user and customer data. Regeneron’s announcement emphasizes that the company will comply with existing privacy laws and 23andMe’s policies, which were conditions of the sale. Privacy experts have said that any such sale presents special challenges given the sensitive nature of the genetic data that 23andMe collects. “The agreement includes Regeneron’s commitment to comply with the Company’s privacy policies and applicable law, process all customer personal data in accordance with the consents, privacy policies and statements, terms of service, and notices currently in effect and have security controls in place designed to protect such data,” the announcement reads. Regeneron says that 23andMe required any bidders to “guarantee” that they would comply with its existing privacy policies. A third-party consumer privacy ombudsman, or CPO, will be appointed by the court to examine the transaction, which is still subject to court approval. Such court-appointed ombudsman are often required in bankruptcy cases where sensitive data is involved, although 23andMe had initially tried to argue that one wasn’t necessary. Company leadership also doubled-down on the promises to protect the integrity of 23andMe’s customers’ data. “We are pleased to have reached a transaction that maximizes the value of the business and enables the mission of 23andMe to live on, while maintaining critical protections around customer privacy, choice and consent with respect to their genetic data,” said Mark Jensen, chair and member of the special committee of the board of directors of 23andMe, per the statement. A stellar rise and steep fall Founded in 2006, 23andMe gained popularity for its DNA testing kits, which were used to collect saliva samples and provide customers with a readout of their genetic ancestry and history. At one time, it had 15 million customers, but a data breach in 2023 hammered demand after seven million customer records were accessed, and 23andMe never recovered. The company went public by merging with a special purpose acquisition company in 2021, the height of the so-called SPAC craze. It briefly hit a valuation of $6 billion, but profits were elusive. By the middle of 2024, it was trading in penny-stock territory. Following the breach and the company’s subsequent Chapter 11 filing in March of this year, some policymakers—such as California Attorney General Rob Bonta—recommended that users delete their information, which could be done through a user’s profile on the 23andMe website. As for what’s next, the deal should close sometime later this year, and 23andMe is expected to continue to operate as a unit of Regeneron. Shares of Regeneron Pharmaceuticals (Nasda: REGN) were down about 1.1% in late-morning trading. View the full article
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These Craftsman Tools Are up to 60% Off on Amazon Right Now
We may earn a commission from links on this page. Deal pricing and availability subject to change after time of publication. Building your DIY home maintenance or repair kit can get expensive quickly. If you have some big summer plans for home improvement projects, you might be looking for savings on tools and materials to bring your DIY dreams to life. Luckily, there are some deals on Craftsman tools on Amazon right now that you can check out to help you get your projects finished under budget. Tools setsIf you’re building a new toolbox from scratch, Craftsman makes a few sets that are invaluable for DIY projects, and a few of them are on sale on Amazon right now: The Craftsman 230-piece mechanics tool set is on sale for $99, 50% off its regular price. This set includes a ¼, ⅜, and ½ -inch standard American imperial ratchets and socket sets, a set of box wrenches, a hand-held screwdriver, and several specialty bits. This is a great start for any type of project where you might use wrenches, like DIY appliance repair. The Craftsman 7-piece SAE wrench set is on sale for $14.98, 39% off its usual price. This set includes seven box wrenches in standard American imperial sizes. This is a good basic wrench set for any type of project where you might be using nuts and bolts, like installing heavy-duty shelving. The Craftsman 14-piece ¼-inch SAE ratchet and socket set is on sale for $14.98, 44% off its typical price. This set comes with deep sockets that are good for any project where you might need a ratchet for tightening nuts and bolts. Cordless driverThe Craftsman 20-volt, ¼ inch drive cordless impact driver is on sale for $49, 60% off its regular price. This impact driver comes with a 20-volt battery and charger, and can be used with impact drill bits to drill holes as well as drive screws and other fasteners. This is a good basic tool for beginner home maintenance because it comes with the necessary components to get you started, although you will need to buy bits separately. Hand toolsCraftsman hand tools are known for being durable and well-made, making them a good investment for your DIY toolkit. Here are some deals on hand tools for your home maintenance tool kit. The Craftsman ratcheting screwdriver is on sale for $14.99, 38% off its regular price. It comes with six double-ended bits in various sizes to fit most standard Phillips head, flat head, star drive, and square drive hardware. This is a great driver for small jobs around the house, like door hardware maintenance. Craftsman folding SAE hex wrench is on sale for $4.98, 40% off its usual price. This set of hex wrenches is useful for DIY home maintenance like tightening the set screws on furniture and knobs. BladesAn oscillating multitool is rapidly becoming the most essential tool for home DIY projects because of its versatility and speed. If you rushed out to get one, you might have gotten it home only to realize you don’t have the right blade for it. Here are some deals on Craftsman oscillating tool blades from Amazon to cover a variety of DIY applications. The Craftsman wood and metal oscillating tool blade 3-pack is on sale for $16.99, 58% off its typical price. These blades are rated for cutting wood or metal and are perfect for trimming out parts of wood furniture that could have nails or screws in them, and can be used to trim the corners on circular saw cuts in the corners where a curved saw blade can’t make a clean cut. The Craftsman 3-piece multipack of oscillating tool blades is on sale for $13.99, 57% off its regular price. The set comes with one wood and metal blade, one PVC blade, and one scraper blade. This set will cover you for a wide variety of projects from cutting PVC for a DIY drip irrigation system to trimming screw tips that poke through your fencing. View the full article
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Output in UK energy-intensive industries hits 35-year low
High electricity prices undermining competitiveness of British businesses, official figures showView the full article
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Trump Organization to discuss new Vietnam tower as trade talks continue
US president’s son Eric The President to visit Ho Chi Minh City for talks on projectView the full article
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Why is Fortnite not available on iPhones in the U.S.?
Epic Games‘s Fortnite video game was not available on Apple’s iPhone devices in the European Union and the United States on Friday. Access to Fortnite via Apple’s iPhone Operating System and through its App Store will be unavailable worldwide until Apple unblocks it, Epic Games said. Epic Games did not give a reason why Fortnite was blocked, but Apple said it had asked Epic Sweden to resubmit the app update without including the U.S. storefront so as not to impact Fortnite in other geographies. “We did not take any action to remove the live version of Fortnite from alternative distribution marketplaces,” an Apple spokesperson said. Epic, a U.S.-based studio, backed by China’s Tencent, is the world’s largest game studio. It was launched in 2017 and its last-player-standing, “battle royale” format became an instant hit, drawing millions of players. Since 2020, it has been in a legal battle with Apple, after the gaming firm alleged that Apple’s practice of charging a commission of up to 30% on in-app payments violated U.S. antitrust rules. Late on Friday, Epic Games asked a U.S. judge in California to hold Apple in contempt for blocking the return of Fortnite to the App Store in the U.S. In a court filing, Epic said Apple should be required, as part of a prior court ruling to allow the distribution of Fortnite. Apple’s blocking of the app was “blatant retaliation against Epic for challenging Apple’s anticompetitive behavior and exposing its lies to the court,” Epic’s filing added. Apple did not immediately respond to a request for comment on the filing outside regular business hours. Apple banned Fortnite from its store in 2020 but allowed the game back last year following pressure from European Union authorities for Big Tech companies to comply with the bloc’s Digital Markets Act. Last year, it also approved Epic Games’s marketplace app on iPhones and iPads in Europe. Epic Games also won a case against Apple earlier this month. —Supantha Mukherjee, Akash Sriram, Mike Scarcella and Gursimran Kaur, Reuters View the full article
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Emojis and GIFs Are About to Get Easier to Use on Android
The Gboard interface can be a lot. In addition to the keyboard, there are so many features stuffed inside this little utility that there's a whole customizable toolbar on top of the keyboard to help you navigate them. And this kind of maximalist interface applies to the Emoji keyboard as well... or at least, it used to. Now, Google is finally doing something about it. Google has starting rolling out a new beta redesign to the Emoji menu that makes it simpler to use, with a more categorized layout. Gone is the old "All" screen that showed all of your recently used emojis, customized Emoji Kitchen stickers, and GIFs all in one long, confusing list. And, with a little bit of sign up, you can experience this new approach right now. The old Emoji screen in Gboard. Credit: 9to5Google How to try out the new Emoji layout Google's new Gboard layout is currently in beta, which anyone on Android can sign up for (unfortunately, there is no beta for the iOS version of the app). Just head over to this Gboard beta link and click Become a Tester. Once you're signed up, open the Play Store on your Android phone and go to the Gboard app. You'll now have access to beta updates. Update the app and, once it's installed, you're good to go. You'll have the new Emoji layout and all the new features that Gboard is testing. How to use the new Emoji layoutNow, instead of opening the All screen, tapping Gboard's Emoji button directly opens the new Emoji tab, which is just one of many. You can easily switch to other tabs like GIF and Stickers by tapping on them. To go back to the keyboard, you can either use the Back icon or the "ABC" button in the tab bar. Here's what the tabs look like. Credit: Khamosh Pathak The Emoji tab, which is the default, integrates both your regular Emojis and your Emoji Kitchen. You can choose two emojis to see automatic Emoji Kitchen suggestions at the top. Tap the Arrow icon to view more suggestions. Credit: Khamosh Pathak Next, you'll see the GIF tab. This tab shows suggested GIFs by default, but you can tap the Clock icon to view your recently used GIFs. You can also use the Search bar to search for any GIF. Credit: Khamosh Pathak The next tab is dedicated to Stickers. This is where you can explore sticker packs, view stickers that you've installed, and access your recently used stickers. Credit: Khamosh Pathak The last two tabs are reserved for Kaomoji and the Bitmoji app. Credit: Khamosh Pathak The Kaomoji tab shows you a list of text based, simplified emojis, which you can use as an alternative to stickers or emojis. The Bitmoji tab, meanwhile, will only work if you have the Bitmoji app installed and have configured your Bitmoji avatar. View the full article
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Walmart stock slips after Trump lashes out about tariff-driven price hikes
Last week, anticipated price hikes at Walmart attracted headlines across the country after CEO Doug McMillon warned that certain items would become more expensive as a result of President Donald The President’s tariff policies. During the company’s first-quarter earnings call for fiscal 2026, McMillon emphasized the retail giant’s commitment to keep priced competitive. “We will do our best to keep our prices as low as possible,” he said. However, he warned that it would be difficult for Walmart to absorb all costs. He continued,” “Given the magnitude of the tariffs, even at the reduced levels announced this week, we aren’t able to absorb all the pressure given the reality of narrow retail margins.” According to McMillon, the company would do its best to keep food and consumable costs as low as possible, but some food items—like coffee, bananas, and avocados, typically imported from countries like Costa Rica, Peru, and Colombia—would likely be more at risk of higher prices. The President weighs in over the weekend On Saturday, The President took to Truth Social to lash out at the big box retailer. He posted: “Between Walmart and China they should, as is said, “EAT THE TARIFFS,” and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!” Officials for the United States and China announced earlier this month that an agreement had been reached to pause most tariffs for 90 days. However, uncertainty remains among retailers, given that The President has frequently flip-flopped on his approach to tariffs. On Sunday, during an interview with NBC’s Meet the Press, Treasury Secretary Scott Bessent told moderator Kristen Welker that he had talked to McMillon on a phone call and was told that Walmart is going to “eat some of the tariffs, just as they did in ‘18, ‘19, and ‘20.” When asked about the retailer’s stance on the potential for price increases, a Walmart spokesperson gave Fast Company the following statement: “We have always worked to keep our prices as low as possible and we won’t stop. We’ll keep prices as low as we can for as long as we can given the reality of small retail margins.” Walmart stock slips on Monday Either way, investors are likely feeling on edge because of the tariff turmoil. On Monday morning, Walmart shares (NYSE: WMT) were down more than 2% in early trading. Markets were mostly down on Monday morning in the wake of Friday’s credit-rating downgrade from Moody’s, although not as sharply. The S&P 500 was down 0.73% while the Dow Jones Industrial Average was down 0.42%. View the full article
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The Out-of-Touch Adults' Guide to Kid Culture: Kids Are Burning Their School Chromebooks
Welcome back to The Out of Touch Adult’s Guide to Kid Culture, your weekly reminder that the internet is raising children in ways no one understands. This week, we've got kids setting their laptops on fire for clicks, a clueless millennial stepping into a cultural and linguistic minefield, and chicken Alfredo (but make it R&B). "Low GPA Activity" trend sees kids burning their laptopsIn last week's column, I explained the "low GPA activity" trend that was taking off on TikTok. To quote me: "It's the kind of trend that went from funny to a little harmful quickly, so check out these videos now, before TikTok bans the entire genre." I must be psychic, because the trend that started with cafeteria sculptures has literally caught on fire: Kids are setting their school-issued Chromebooks alight, then posting videos like this: Unlike many past sensationalized reports of dangerous online trends, this one seems real. Kids burning their laptops have been reported all over the country, and there are at least two cases of laptop arsonists facing charges. It's important to note, though, that this is a small number of kids we're talking about. There are three flavors of laptop destruction: The more gentle kind involves "stress testing" a laptop by throwing it around some. Kids took that further by forcing staples, paperclips, or other metal objects into their Chromebook's ports to short it out and produce smoke. The trend's final form is puncturing the lithium batteries in their laptops to release toxic smoke and/or start a fire. Despite the news reports, I don't think it's entirely accurate to blame these fires on an "online challenge" or a meme. I still vaguely remember how the last days of a teenage school year felt; when things slowed down enough for you to start seeing what a sham everything is, back when that was a dismal revelation instead of something you'd learned to deal with. My response was putting on some Alice Cooper or watching Rock 'n Roll High School, but only because I didn't have a laptop to burn. Gen A slang speech stirs online controversyXiaomanyc is a 34 year old YouTuber best known for videos where he speaks different languages with fans and followers all over the world. But a recent speech at a high school proved contentious for this non-controversial streamer. Xiaomanyc chose to deliver the speech about the "Gen Alpha dialect of English." It was clearly meant to be lighthearted, as you can see from the video below: This Tweet is currently unavailable. It might be loading or has been removed. But he's inadvertently touched a cultural third rail, particularly to young people. Most of the kids there seemed to like the speech, but some definitely did not. Online types weighed in with their own disapproval. As @hennytwote put it on X: This Tweet is currently unavailable. It might be loading or has been removed. He went on to lay out the issue: "Being a polyglot who studies linguistics and failing to recognize the sociological overlaps of your field that basically have you micro-aggressing Black members of your audience is actually so fucking funny to me. White people are insane.” "It’s literally just Black slang. What is it with ⚪️ people and erasure? It’s so off putting," posted X user @Santawave. It's certainly a fair point, but a lot of the slang used by Xiaomanyc (and Gen A itself) didn't originate with AAVE. For instance, "giga-chad" and "mog" come from very-online communities' message-board speak. "Chud" comes from the movie C.H.U.D., and I doubt any Black person wants to take credit for "Skibidi Toilet." More importantly, even if you have valid concerns about how other people use words, language doesn't care; it's a magpie that takes whatever's shiny. (If you want to translate some Alpha-speak with both AAVE and other origins, check out my glossary: 'Aura Farming,' 'Huzz,' and Other Gen Z and Gen Alpha Slang You Might Need Help Decoding.) What is a "paypig?""Paypig" is slang that originated from the BDSM community. It refers to the submissive in a financially dominant lifestyle. So basically submissive dudes (usually) who are aroused by giving money to people who are financially dominant, aka "findoms." (Capitalism calls them "consumers.") I bring this up to point to a growing niche of TikTok users who are teaching each other how to find paypigs, giving out their Cash App name for anyone who wants to send a few ducats, and populating hashtags like #findomme and #paypig. What is "chicken Alfredo boomerang" music?This phrase is only understood by hyper-online music stans. It needs to be taken apart to be understood by mortals/people who have to work. "Boomerang" here refers to the looping feature on Instagram of that name. Chicken Alfredo refers to the meal, but when you put them together, "chicken Alfredo boomerang" music refers to the weakass R&B someone might put behind an Instagram post of their dinner at a mid-scale restaurant. Referring to commercially released music like this is, obviously, an insult. Other extremely-specific musical insults include "reheating your own nachos," "co-worker music" (music a lame co-worker might be playing), and "Love Island music," (the music that plays when a couple fights during an episode of Love Island). What is "The 2020 effect?"The 2020 effect is a TikTok meme where users post videos that seems to show a brighter, more colorful world, as if the darkness of the pandemic years that began in 2020 is finally lifting and the angels in heaven or whatever turned up the saturation. There's often a reference to the graphics being corrected, but in a metaphorical sense, as you can see in this video: Or a reference to the last time things looked so bright: I don't know if it means anything, but it's nice that a hopeful, optimistic trend is catching on. Viral video of the week: I spent $10,000 on Kickstarter Tech In this week's viral video, genial tech streamer Mrwhosetheboss illustrates the hope and heartbreak of anyone who is into cutting edge gear. It's one of those YouTube video where someone does a ridiculous thing that we all want to do, before good sense prevents us from actually doing it. Like, say, buying over-promised tech items on Kickstarter just to see what they send. Like the title says, Mr. Whose spent ten grand on products so advanced they didn't even exist when he bought them, like a solar powered charging base, an AI-assisted pillow, and a USB powered, robotic desk-pet. No spoilers, but the results are mixed, with some products being flat-out vapor-scams, some being kind of OK, I guess, and some delivering on the promises of their Kickstarter campaigns. View the full article
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New Jersey’s transit union reaches ‘fair and fiscally responsible’ deal to end 3-day strike
New Jersey Transit’s train engineers reached a tentative deal Sunday to end their three-day strike that had halted service for some 100,000 daily riders, including routes to Newark airport and across the Hudson River to New York City. The union said its members would return to work on Tuesday, when trains would resume their regular schedules. The walkout that began Friday was the state’s first transit strike in over 40 years, forcing people who normally rely on New Jersey Transit to take buses, cars, taxis and boats instead or consider staying home. The main sticking point had been how to accomplish a wage increase for the engineers without creating a financially disastrous domino effect for the transit agency. The Brotherhood of Locomotive Engineers and Trainmen initially announced regular train service would begin again Monday, but moments later, union spokesperson Jamie Horwitz said NJ Transit informed them that it would be Tuesday at 12:01 a.m. instead. A transit agency statement said the Tuesday start was necessary because “it takes approximately 24 hours to inspect and prepare the infrastructure before returning to full scheduled service.” A union statement sent by email said the terms of the agreement would be sent to the union’s 450 members who work as locomotive engineers or trainees at the passenger railroad. “While I won’t get into the exact details of the deal reached, I will say that the only real issue was wages and we were able to reach an agreement that boosts hourly pay beyond the proposal rejected by our members last month and beyond where we were when NJ Transit’s managers walked away from the table Thursday evening,” said Tom Haas, the union’s general chairman at NJ Transit. He added that the union was able to show management “ways to boost engineers’ wages … without causing any significant budget issue or requiring a fare increase.” The union statement also said the deal would be submitted for a ratification vote by the national union and would require a vote of the New Jersey Transit board at its next regularly scheduled meeting on June 11. NJ Transit’s board also has to approve the deal. “To offer the understatement of the year, this is a very good outcome,” New Jersey Gov. Phil Murphy said at a Sunday evening news conference. He commended the two sides for finding an agreement that is “both fair to NJ Transit’s employees while also being affordable for our state’s commuters and taxpayers.” NJ Transit CEO Kris Kolluri didn’t provide details of the deal, but said it was “fair and fiscally responsible.” He thanked the union for negotiating in good faith. “The deal itself reflects a series of concessions that came together by way of a work bill that will eventually end up paying for this fair wage that the union has asked for,” Kolluri said at the news conference. Buses would be provided on Monday, but Murphy and Kolluri both urged commuters, if possible, to work from home for one more day. “Please do that tomorrow so we can move essential employees through the system,” Kolluri said. A month earlier, members of the union had overwhelmingly rejected a labor agreement with management. NJ Transit — the nation’s third-largest transit system — operates buses and rail in the state, providing nearly 1 million weekday trips, including into New York City. The walkout halted all NJ Transit commuter trains, which provide heavily used public transit routes between New York City’s Penn Station on one side of the Hudson River and communities in northern New Jersey on the other, as well as the Newark airport, which has grappled with unrelated delays of its own recently. Mark Wallace, the union’s national president, had said NJ Transit needs to pay engineers a wage that’s comparable to Amtrak and Long Island Railroad because some are leaving for jobs on those other railroads for better pay. The union had said its members have been earning an average salary of $113,000 a year and it wanted to see an agreement for an average salary of $170,000. NJ Transit leadership, though, disputed the union’s data, saying the engineers have average total earnings of $135,000 annually, with the highest earners exceeding $200,000. Weber reported from Los Angeles. Associated Press writer Josh Funk contributed from Omaha, Nebraska. —Bruce Shipkowski and Christopher Weber, Associated Press View the full article
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How to Open a Bed and Breakfast: A Guide to Success in Hospitality
Key Takeaways Understand the Business Model: Grasp the unique aspects of the B&B business, including personalized service, homestyle meals, and community engagement, to create an inviting guest experience. Conduct Market Research: Analyze local competition and tourist demographics to identify gaps and opportunities for your B&B, ensuring it meets market needs. Develop a Solid Business Plan: Outline your business model, target audience, marketing strategies, and financial forecasts to guide your operations and secure funding. Navigate Legal Requirements: Familiarize yourself with zoning laws, health and safety standards, and licensing requirements specific to your location to ensure compliance. Design for Guest Comfort: Focus on creating a welcoming atmosphere through thoughtful interior design and essential amenities that enhance guest experiences. Implement Effective Marketing Strategies: Build a strong online presence using SEO techniques and social media to attract potential guests and promote your B&B effectively. Dreaming of running your own bed and breakfast? You’re not alone. Many people are drawn to the charm of hospitality and the joy of welcoming guests into a cozy, inviting space. A bed and breakfast offers a unique opportunity to combine your passion for cooking, home design, and customer service while generating income from your property. Opening a B&B can be incredibly rewarding, but it also comes with its own set of challenges. From choosing the right location to understanding local regulations, you’ll need to navigate various aspects to create a successful venture. Whether you’re looking to turn your home into a quaint getaway or start a new business from scratch, this guide will help you explore everything you need to know to make your bed and breakfast dreams a reality. Understanding the Bed and Breakfast Business Model Understanding the bed and breakfast (B&B) business model is crucial for any entrepreneur venturing into this sector. This model combines hospitality, service, and effective management to provide guests with a welcoming experience while generating revenue. History of Bed and Breakfasts B&Bs originated in Europe, offering travelers a way to find food and lodging in private homes. This model evolved in the 20th century, catering to a demand for personalized lodging experiences. Entrepreneurs saw opportunities in hospitality, enhancing their service with local flavors and charm. Today’s B&Bs often reflect their owners’ unique branding and target audience, creating a blend of tradition and modern marketing techniques. Key Characteristics of Bed and Breakfasts B&Bs display essential characteristics that distinguish them from other accommodations: Personalized Service: B&Bs focus on individual attention, often establishing a loyal customer base through exceptional guest relations. Homestyle Meals: Many B&Bs offer home-cooked breakfasts, capitalizing on local cuisine and dietary preferences, which creates a memorable experience. Unique Ambiance: Each B&B typically features distinct decor and charm, appealing to niche markets and enhancing customer appeal. Limited Capacity: B&Bs often have fewer rooms than hotels, creating an intimate atmosphere ideal for relaxation and connection. Community Engagement: Successful B&Bs engage with local businesses and attractions, promoting community ties and enhancing customer experience. When developing a business plan for a B&B, factor in these characteristics to identify your unique selling proposition. Conduct market research to understand your target audience and refine your branding strategy. Establish a legal structure, whether a sole proprietorship, LLC, or partnership, and ensure compliance with local regulations, including permits and licenses. This model not only emphasizes customer service but also highlights the need for sound financial management, including budgeting for expenses, profit margins, and cash flow. Utilize marketing strategies such as SEO, social media, and digital marketing to attract guests and foster growth. Understanding these key aspects positions you for success in this rewarding venture. Steps to Open a Bed and Breakfast Opening a bed and breakfast (B&B) involves several essential steps to ensure your venture is successful. Focus on market research and crafting a solid business plan. Conducting Market Research Conducting thorough market research is crucial for ensuring your B&B’s viability. Assess key statistics, such as tourist stays and occupancy rates, for B&Bs and hotels in your area. Gather data on average guest demographics and preferences to detect trends. Engage with local B&B owners to gain insights into daily operations, competition, and challenges. Make a comprehensive list of accommodation options nearby, including hotels, campsites, and Airbnbs. This competitive analysis helps identify gaps in the market and potential target audiences. Crafting a Business Plan Crafting a detailed business plan lays the groundwork for your B&B’s success. Include sections on your business model, target audience, marketing strategies, and estimated startup costs. Define your legal structure, whether it’s a sole proprietorship, LLC, or corporation, to comply with local regulations. Incorporate a growth strategy outlining how you’ll attract customers, sustain operations, and manage finances. Detail your funding options, such as loans, crowdfunding, or angel investors, to secure necessary capital for your startup. Make budgeting a priority to manage expenses and maintain a healthy profit margin. Lastly, develop a marketing plan that covers branding, social media presence, and SEO strategies to increase visibility. Ensure your online presence includes a professional website and utilizes digital marketing techniques for customer acquisition. Legal Requirements and Licenses Understanding the legal landscape is crucial for small business owners before opening a bed and breakfast (B&B). Compliance with applicable laws ensures smooth operations and successful guest experiences. Zoning Laws and Regulations Zoning laws dictate where you can operate your B&B. Check local zoning codes to confirm your property qualifies for this type of business. In Loudoun County, Virginia, for example, you must comply with the Revised 1993 Loudoun County Zoning Ordinance. This ordinance includes specific licensing and permit requirements from both state and local authorities. Contact your local zoning office for accurate information relevant to your location, ensuring your business model aligns with these regulations. Health and Safety Standards Adhering to health and safety standards protects guests and your business. In Florida, B&B establishments must secure two licenses from the Department of Business and Professional Regulation. One license pertains to lodging, while the other covers food service if you serve meals beyond prepackaged items. In Ontario, Canada, a Food Handler licence is mandatory if you provide food. Understanding and implementing these health standards enhances customer service experiences and safeguards your venture against potential liabilities. Navigating these requirements lays the foundation for your B&B’s success. Completing necessary business registration with state and local authorities further strengthens your position as a responsible entrepreneur. Designing Your Bed and Breakfast Creating an inviting bed and breakfast involves thoughtful design choices that enhance guest experiences. Focus on key aspects to ensure a functional and welcoming atmosphere. Choosing the Right Location Selecting the right location establishes the foundation of your B&B. Consider proximity to attractions and accessibility for potential guests. Analyze local market research to identify tourist demand and capturing the target audience effectively. Neighborhood safety and amenities also influence guest decisions. Prioritize locations that attract visitors year-round to maximize occupancy rates. Interior Design Tips Theme: Choose a theme for your B&B that reflects your personality or regional culture. Consistent colors and furniture styles create a cohesive experience. Furniture: Invest in high-quality furnishings, including durable beds, comfortable seating, and practical storage. Use inviting colors and textures that appeal to various guest preferences. Bathrooms: Feature en-suite or designated bathrooms stocked with essential toiletries. Clean, modern fixtures enhance the guest experience. Common Spaces: Create welcoming common areas, such as lounges or dining rooms. Arrange seating to encourage conversation and relaxation. Safety Features: Install smoke detectors and fire extinguishers for guest safety. Address any electrical or plumbing issues before opening. Cleaning Efficiency: Use white linens and towels for easy cleaning and a fresh appearance. Ensure regular maintenance and cleanliness to build positive reviews and encourage repeat bookings. These design considerations not only attract guests but also strengthen your business model, contributing to customer acquisition and loyalty. Marketing Your Bed and Breakfast Effective marketing strategies are vital for attracting guests to your bed and breakfast. Focus on building an online presence and utilizing social media to enhance visibility. Building an Online Presence Create a user-friendly website that showcases your B&B. Include high-quality photos and detailed descriptions of your accommodations. Implement a simple booking engine to streamline reservations. Ensure your website is mobile-friendly, as 61% of users prefer browsing on mobile devices. Employ Search Engine Optimization (SEO) techniques to improve your site’s visibility on search engines. Use relevant keywords, optimize page titles, and regularly update your content to engage visitors. Listing your B&B on popular Online Travel Agencies (OTAs) like Booking.com and Expedia further increases your reach and attracts potential customers. Utilizing Social Media Harness the power of social media platforms to connect with your target audience. Use platforms like Instagram and Facebook to share stunning images of your property, local attractions, and guest experiences. Engage with followers by responding to comments and messages promptly. Posting regularly, at least 3-4 times a week, helps maintain visibility. Consider running targeted ad campaigns on social media to reach specific demographics interested in travel and hospitality. Encourage guests to share their experiences online, amplifying your brand reach and strengthening customer loyalty. Integrate these efforts as part of your overall marketing strategy to drive bookings and build a thriving small business. Conclusion Opening a bed and breakfast can be a fulfilling journey that allows you to share your passion for hospitality with others. By creating a warm and inviting atmosphere guests will remember you for more than just a place to stay. Focus on the details that make your B&B unique and memorable. From your interior design choices to your marketing strategies every aspect plays a vital role in attracting visitors and ensuring their satisfaction. Stay informed about local regulations and maintain high standards for health and safety. This not only protects your guests but also establishes your credibility in the industry. With careful planning and dedication you can turn your dream of running a successful B&B into a reality. Frequently Asked Questions What are the key characteristics of a bed and breakfast (B&B)? A B&B typically offers personalized service, homestyle meals, a unique ambiance, and limited capacity. They create a welcoming experience for guests, often featuring community engagement and individual attention that sets them apart from hotels. What steps should I take to open a B&B? Start by conducting thorough market research to understand local tourist statistics and competition. Craft a detailed business plan, define your legal structure, and develop a marketing strategy. Ensure compliance with local regulations, and seek necessary licenses before opening your doors. How do I choose the right location for my B&B? Select a location close to attractions, safe neighborhoods, and areas with year-round visitor appeal. Research local demand, accessibility, and neighborhood amenities to ensure your B&B attracts guests throughout the year. What marketing strategies are effective for promoting my B&B? Build a strong online presence through a user-friendly website with attractive photos and easy booking. Use SEO techniques, list your B&B on OTAs, and leverage social media to showcase your property. Encourage guest sharing for increased visibility. What are the legal requirements for opening a B&B? Compliance with local zoning laws is essential, as regulations may dictate where a B&B can operate. Additionally, you may need licenses related to lodging and food service, depending on your location. Ensure all legalities are addressed before starting your business. Image Via Envato This article, "How to Open a Bed and Breakfast: A Guide to Success in Hospitality" was first published on Small Business Trends View the full article
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How to Open a Bed and Breakfast: A Guide to Success in Hospitality
Key Takeaways Understand the Business Model: Grasp the unique aspects of the B&B business, including personalized service, homestyle meals, and community engagement, to create an inviting guest experience. Conduct Market Research: Analyze local competition and tourist demographics to identify gaps and opportunities for your B&B, ensuring it meets market needs. Develop a Solid Business Plan: Outline your business model, target audience, marketing strategies, and financial forecasts to guide your operations and secure funding. Navigate Legal Requirements: Familiarize yourself with zoning laws, health and safety standards, and licensing requirements specific to your location to ensure compliance. Design for Guest Comfort: Focus on creating a welcoming atmosphere through thoughtful interior design and essential amenities that enhance guest experiences. Implement Effective Marketing Strategies: Build a strong online presence using SEO techniques and social media to attract potential guests and promote your B&B effectively. Dreaming of running your own bed and breakfast? You’re not alone. Many people are drawn to the charm of hospitality and the joy of welcoming guests into a cozy, inviting space. A bed and breakfast offers a unique opportunity to combine your passion for cooking, home design, and customer service while generating income from your property. Opening a B&B can be incredibly rewarding, but it also comes with its own set of challenges. From choosing the right location to understanding local regulations, you’ll need to navigate various aspects to create a successful venture. Whether you’re looking to turn your home into a quaint getaway or start a new business from scratch, this guide will help you explore everything you need to know to make your bed and breakfast dreams a reality. Understanding the Bed and Breakfast Business Model Understanding the bed and breakfast (B&B) business model is crucial for any entrepreneur venturing into this sector. This model combines hospitality, service, and effective management to provide guests with a welcoming experience while generating revenue. History of Bed and Breakfasts B&Bs originated in Europe, offering travelers a way to find food and lodging in private homes. This model evolved in the 20th century, catering to a demand for personalized lodging experiences. Entrepreneurs saw opportunities in hospitality, enhancing their service with local flavors and charm. Today’s B&Bs often reflect their owners’ unique branding and target audience, creating a blend of tradition and modern marketing techniques. Key Characteristics of Bed and Breakfasts B&Bs display essential characteristics that distinguish them from other accommodations: Personalized Service: B&Bs focus on individual attention, often establishing a loyal customer base through exceptional guest relations. Homestyle Meals: Many B&Bs offer home-cooked breakfasts, capitalizing on local cuisine and dietary preferences, which creates a memorable experience. Unique Ambiance: Each B&B typically features distinct decor and charm, appealing to niche markets and enhancing customer appeal. Limited Capacity: B&Bs often have fewer rooms than hotels, creating an intimate atmosphere ideal for relaxation and connection. Community Engagement: Successful B&Bs engage with local businesses and attractions, promoting community ties and enhancing customer experience. When developing a business plan for a B&B, factor in these characteristics to identify your unique selling proposition. Conduct market research to understand your target audience and refine your branding strategy. Establish a legal structure, whether a sole proprietorship, LLC, or partnership, and ensure compliance with local regulations, including permits and licenses. This model not only emphasizes customer service but also highlights the need for sound financial management, including budgeting for expenses, profit margins, and cash flow. Utilize marketing strategies such as SEO, social media, and digital marketing to attract guests and foster growth. Understanding these key aspects positions you for success in this rewarding venture. Steps to Open a Bed and Breakfast Opening a bed and breakfast (B&B) involves several essential steps to ensure your venture is successful. Focus on market research and crafting a solid business plan. Conducting Market Research Conducting thorough market research is crucial for ensuring your B&B’s viability. Assess key statistics, such as tourist stays and occupancy rates, for B&Bs and hotels in your area. Gather data on average guest demographics and preferences to detect trends. Engage with local B&B owners to gain insights into daily operations, competition, and challenges. Make a comprehensive list of accommodation options nearby, including hotels, campsites, and Airbnbs. This competitive analysis helps identify gaps in the market and potential target audiences. Crafting a Business Plan Crafting a detailed business plan lays the groundwork for your B&B’s success. Include sections on your business model, target audience, marketing strategies, and estimated startup costs. Define your legal structure, whether it’s a sole proprietorship, LLC, or corporation, to comply with local regulations. Incorporate a growth strategy outlining how you’ll attract customers, sustain operations, and manage finances. Detail your funding options, such as loans, crowdfunding, or angel investors, to secure necessary capital for your startup. Make budgeting a priority to manage expenses and maintain a healthy profit margin. Lastly, develop a marketing plan that covers branding, social media presence, and SEO strategies to increase visibility. Ensure your online presence includes a professional website and utilizes digital marketing techniques for customer acquisition. Legal Requirements and Licenses Understanding the legal landscape is crucial for small business owners before opening a bed and breakfast (B&B). Compliance with applicable laws ensures smooth operations and successful guest experiences. Zoning Laws and Regulations Zoning laws dictate where you can operate your B&B. Check local zoning codes to confirm your property qualifies for this type of business. In Loudoun County, Virginia, for example, you must comply with the Revised 1993 Loudoun County Zoning Ordinance. This ordinance includes specific licensing and permit requirements from both state and local authorities. Contact your local zoning office for accurate information relevant to your location, ensuring your business model aligns with these regulations. Health and Safety Standards Adhering to health and safety standards protects guests and your business. In Florida, B&B establishments must secure two licenses from the Department of Business and Professional Regulation. One license pertains to lodging, while the other covers food service if you serve meals beyond prepackaged items. In Ontario, Canada, a Food Handler licence is mandatory if you provide food. Understanding and implementing these health standards enhances customer service experiences and safeguards your venture against potential liabilities. Navigating these requirements lays the foundation for your B&B’s success. Completing necessary business registration with state and local authorities further strengthens your position as a responsible entrepreneur. Designing Your Bed and Breakfast Creating an inviting bed and breakfast involves thoughtful design choices that enhance guest experiences. Focus on key aspects to ensure a functional and welcoming atmosphere. Choosing the Right Location Selecting the right location establishes the foundation of your B&B. Consider proximity to attractions and accessibility for potential guests. Analyze local market research to identify tourist demand and capturing the target audience effectively. Neighborhood safety and amenities also influence guest decisions. Prioritize locations that attract visitors year-round to maximize occupancy rates. Interior Design Tips Theme: Choose a theme for your B&B that reflects your personality or regional culture. Consistent colors and furniture styles create a cohesive experience. Furniture: Invest in high-quality furnishings, including durable beds, comfortable seating, and practical storage. Use inviting colors and textures that appeal to various guest preferences. Bathrooms: Feature en-suite or designated bathrooms stocked with essential toiletries. Clean, modern fixtures enhance the guest experience. Common Spaces: Create welcoming common areas, such as lounges or dining rooms. Arrange seating to encourage conversation and relaxation. Safety Features: Install smoke detectors and fire extinguishers for guest safety. Address any electrical or plumbing issues before opening. Cleaning Efficiency: Use white linens and towels for easy cleaning and a fresh appearance. Ensure regular maintenance and cleanliness to build positive reviews and encourage repeat bookings. These design considerations not only attract guests but also strengthen your business model, contributing to customer acquisition and loyalty. Marketing Your Bed and Breakfast Effective marketing strategies are vital for attracting guests to your bed and breakfast. Focus on building an online presence and utilizing social media to enhance visibility. Building an Online Presence Create a user-friendly website that showcases your B&B. Include high-quality photos and detailed descriptions of your accommodations. Implement a simple booking engine to streamline reservations. Ensure your website is mobile-friendly, as 61% of users prefer browsing on mobile devices. Employ Search Engine Optimization (SEO) techniques to improve your site’s visibility on search engines. Use relevant keywords, optimize page titles, and regularly update your content to engage visitors. Listing your B&B on popular Online Travel Agencies (OTAs) like Booking.com and Expedia further increases your reach and attracts potential customers. Utilizing Social Media Harness the power of social media platforms to connect with your target audience. Use platforms like Instagram and Facebook to share stunning images of your property, local attractions, and guest experiences. Engage with followers by responding to comments and messages promptly. Posting regularly, at least 3-4 times a week, helps maintain visibility. Consider running targeted ad campaigns on social media to reach specific demographics interested in travel and hospitality. Encourage guests to share their experiences online, amplifying your brand reach and strengthening customer loyalty. Integrate these efforts as part of your overall marketing strategy to drive bookings and build a thriving small business. Conclusion Opening a bed and breakfast can be a fulfilling journey that allows you to share your passion for hospitality with others. By creating a warm and inviting atmosphere guests will remember you for more than just a place to stay. Focus on the details that make your B&B unique and memorable. From your interior design choices to your marketing strategies every aspect plays a vital role in attracting visitors and ensuring their satisfaction. Stay informed about local regulations and maintain high standards for health and safety. This not only protects your guests but also establishes your credibility in the industry. With careful planning and dedication you can turn your dream of running a successful B&B into a reality. Frequently Asked Questions What are the key characteristics of a bed and breakfast (B&B)? A B&B typically offers personalized service, homestyle meals, a unique ambiance, and limited capacity. They create a welcoming experience for guests, often featuring community engagement and individual attention that sets them apart from hotels. What steps should I take to open a B&B? Start by conducting thorough market research to understand local tourist statistics and competition. Craft a detailed business plan, define your legal structure, and develop a marketing strategy. Ensure compliance with local regulations, and seek necessary licenses before opening your doors. How do I choose the right location for my B&B? Select a location close to attractions, safe neighborhoods, and areas with year-round visitor appeal. Research local demand, accessibility, and neighborhood amenities to ensure your B&B attracts guests throughout the year. What marketing strategies are effective for promoting my B&B? Build a strong online presence through a user-friendly website with attractive photos and easy booking. Use SEO techniques, list your B&B on OTAs, and leverage social media to showcase your property. Encourage guest sharing for increased visibility. What are the legal requirements for opening a B&B? Compliance with local zoning laws is essential, as regulations may dictate where a B&B can operate. Additionally, you may need licenses related to lodging and food service, depending on your location. Ensure all legalities are addressed before starting your business. Image Via Envato This article, "How to Open a Bed and Breakfast: A Guide to Success in Hospitality" was first published on Small Business Trends View the full article