An awful lot has occurred this week in the news for small business. California shuttered a bill that would have legalized equity crowdfunding in the state, which would have brought more options to small business for obtaining investors. The giant dinosaur known as The PennySaver filed for bankruptcy and began the process of shutting its doors, which was a surprise that was a long time coming. And the minimum wage vote in Los Angeles was approved and will raise the minimum wage in the city to $15 per hour by 2020, which becomes frightening for many small businesses. Here's what's going on in small business news.