WellPoint (WLP) Chief Financial Officer Wayne DeVeydt says many small businesses are scaling back health benefits before the next phase of Obamacare takes effect on Oct. 1, reports Alex Nussbaum. [Bloomberg News]
Small business advertising helped push Facebook (FB) to better-than-expected quarterly earnings, writes Abby Ellin. [ABC News]
Some small businesses say the federal government’s E-Verify program is making it difficult to hire. [Wall Street Journal ]
About half of Ireland’s small business loans won’t be repaid in full, writes Joe Brennan. Ireland’s economy was among the hardest-hit by the European credit crisis. [Bloomberg News]
Retired NBA player Jonathan Bender is starting a second career as an entrepreneur—he’s selling a device designed to relieve hip and knee pain (video). [Fox Business]
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