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Shutdown Cools Holiday Hopes, Misclassified Strippers, Credit Card Debt: Oct. 30

Shutdown Cools Holiday Hopes, Misclassified Strippers, Credit Card Debt: Oct. 30

Illustration by André da Loba

Some business owners worry that the government shutdown earlier this month will result in weak sales during the holiday season, writes J.D. Harrison. [Washington Post]

NextDoor, which builds private social networks for local neighborhoods, raised $60 million to expand internationally, Lizette Chapman reports. [Wall Street Journal]

Three strippers are filing a class-action lawsuit alleging they were mislabeled as independent contractors at a number of Detroit strip clubs. [ABC News]

Lawmakers should be careful not to make it too difficult for businesses to hire independent contractors, write Steven Cohen and William B. Eimicke. [The Hill]

Umami Restaurant Group Chief Executive Officer Adam Fleischman says he financed the launch of his burger business with credit card debt (video). [Fox Business]

See something we missed? Share the most compelling stories about small business and entrepreneurship by tagging them with #SmallBizReads on Twitter.

Clark is a reporter for Bloomberg Businessweek.

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