AGP Executive Report
Last update: 3 hours agoPayments and Subscriptions: The FTC and eight states sued restaurant technology provider Toast, alleging it misled small businesses about free trials, subscription cancellations and customer fees. Toast says the law cited in the suit does not apply to its business agreements and plans to fight the case. Disaster Aid: The SBA opened low-interest loans for businesses and nonprofits hit by Eastern Washington wildfires. Eligible businesses can borrow up to $2 million, with payments deferred for 12 months after disbursement. Cybersecurity: A 30-minute review can help owners spot basic gaps, including missing multifactor authentication, unclear access to accounts and untested data backups. Employee Benefits: About 7,000 people affected by failed health-plan firm Medova will share $23 million in recovered funds. The company had sold plans to employers but failed to pay valid medical claims, leaving some workers with bills and collections notices.
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