Tuesday’s business headlines

INDIANAPOLIS (WISH) – Here’s a look at Tuesday’s business headlines.

Small businesses

The COVID-19 pandemic continues to weigh heavily on the finances of small business owners, and one recent survey found 35% could face challenges surviving through the summer.

The survey comes from Small Business Network Alignable.

Overall, about 57% of small business owners say are recording half or less than half of their pre-COVID-19 revenue numbers.

Small, locally owned businesses are grappling with talent shortages, reduced revenue and challenges securing COVID-19 relief funding.

Walmart

Walmart and Target are holding their own competing sales around Amazon Prime Day.

Walmart’s “Deals for Days” event will run from June 20 to 23 – a day before and lasting a day longer than Amazon Prime Day.

The ‘Target Deal Days” event lands on June 20 and ends on June 22.

Starting June 16-19, you can pick up a digital gift card for 5% off at Target.com.

Wireless

U.S. cellphone carriers are offering their most generous discount in years, handing some customers brand-new devices for no money down or small monthly payments stretched over many months.

The discounts from AT&T, Verizon and T-Mobile require customers to make long-term commitments that give carriers the stability they need to reassure investors as they increase spending on 5G network upgrades.