Business

US Opens Formal Probe into Tesla Autopilot System

DETROIT (AP) — The U.S. government has opened a formal investigation into Tesla's Autopilot partially automated driving system after a... Read More

DETROIT (AP) — The U.S. government has opened a formal investigation into Tesla's Autopilot partially automated driving system after a series of collisions with parked emergency vehicles.  The investigation covers 765,000 vehicles, almost everything that Tesla has sold in the... Read More

2021-08-10 17:44:33
by Kate Michael
Inter-American Development Bank Creates Toolkit for Nearshoring Supply Chains

WASHINGTON -- Among the unpredicted impacts of COVID-19 was the vulnerability of American dependence on manufacturing and services from China.... Read More

WASHINGTON -- Among the unpredicted impacts of COVID-19 was the vulnerability of American dependence on manufacturing and services from China. Everything from consumer products to pharmaceuticals and health and safety equipment experienced delays and shortages as a result of China... Read More

2021-08-06 14:45:48
by Reece Nations
Some Workers Oppose Vaccination Requirements as Mandates Skyrocket

Disney, Walmart and Tyson Foods are some of the most high-profile corporate entities to announce mandatory COVID-19 vaccination mandates for... Read More

Disney, Walmart and Tyson Foods are some of the most high-profile corporate entities to announce mandatory COVID-19 vaccination mandates for their employees, but not all are on board with the requirement. On Friday, Disney and Walmart announced new policies that... Read More

2021-08-05 13:21:09
by Dan McCue
Biden to Set Goal of 50% Electric Vehicle Sales by 2030

President Joe Biden is expected to announce Thursday that his administration is setting a new national goal for the sale... Read More

President Joe Biden is expected to announce Thursday that his administration is setting a new national goal for the sale of electric vehicles -- wanting half of all new vehicles sold in the U.S. by 2030 to be powered by... Read More

2021-08-02 17:21:38
by Dan McCue
Survey: Supervisors See Remote Workers As ‘More Easily Replaceable’

Over two-thirds of supervisors who participated in a new poll said they consider employees who work remotely “more easily replaceable,”... Read More

Over two-thirds of supervisors who participated in a new poll said they consider employees who work remotely “more easily replaceable,” than onsite workers at their organization. In addition, the survey found that 62% believe full-time remote work is detrimental to... Read More

2021-07-28 15:42:37
by Dan McCue
States to Fight Dismissal of Antitrust Lawsuit Against Facebook

WASHINGTON -- Attorneys general from 45 states, the District of Columbia and Guam served notice on Wednesday that they are... Read More

WASHINGTON -- Attorneys general from 45 states, the District of Columbia and Guam served notice on Wednesday that they are appealing a federal judge’s decision to throw out their antitrust lawsuit against Facebook. “We filed this notice of appeal because... Read More

Electrify America to Double EV Charging Stations by 2025

SILVER SPRING, Md. (AP) — Electrify America, an electric vehicle charging network funded with money paid by Volkswagen as punishment... Read More

SILVER SPRING, Md. (AP) — Electrify America, an electric vehicle charging network funded with money paid by Volkswagen as punishment for its emissions cheating scandal, says it plans to more than double its number of charging stations throughout the United... Read More

Court Blocks Order Lifting CDC Virus Rules on Cruise Ships

ST. PETERSBURG, Fla. (AP) — Pandemic restrictions on Florida-based cruise ships will remain in place after a federal appeals court... Read More

ST. PETERSBURG, Fla. (AP) — Pandemic restrictions on Florida-based cruise ships will remain in place after a federal appeals court temporarily blocked a previous ruling that sided with a Florida lawsuit challenging the regulations. The one-paragraph decision by a three-judge... Read More

2021-07-15 20:29:05
by Tom Ramstack
Congress Searches for Way to Make Supply Chains Resilient

WASHINGTON -- The Senate continued its search Thursday for ways to prevent the kind of devastation brought to U.S. supply... Read More

WASHINGTON -- The Senate continued its search Thursday for ways to prevent the kind of devastation brought to U.S. supply chains by COVID-19. Industry executives told a Senate panel the pandemic exposed U.S. dependence on foreign suppliers to keep the... Read More

2021-07-15 12:59:25
by Victoria Turner
House Subcommittee Considers Increase of Incentives for Small Business Accelerators

When Foster Care Technologies created an algorithm to match foster children with foster parents, the University of Kansas’ Innovation Park... Read More

When Foster Care Technologies created an algorithm to match foster children with foster parents, the University of Kansas’ Innovation Park was able to assist the non-profit agency’s creation and management of the Every Child A Priority software platform. Now, this... Read More

2021-07-14 14:31:03
by Tom Ramstack
Small Business Advocates Plead for Help Recovering from the Pandemic

WASHINGTON -- Members of Congress threw their support Tuesday behind President Joe Biden’s goal of helping small and rural businesses... Read More

WASHINGTON -- Members of Congress threw their support Tuesday behind President Joe Biden’s goal of helping small and rural businesses but with different perspectives on how to achieve it. Rep. Jared Golden, D-Maine, suggested that Congress provide a dedicated source... Read More

2021-07-12 16:05:13
by Brock Blasdell
Explainer: Where are America’s Workers?

As the American economic engines churn back to life, one major hurdle stands in the way of our market renaissance... Read More

As the American economic engines churn back to life, one major hurdle stands in the way of our market renaissance - labor. Businesses, especially low wage, low skill businesses, are having a difficult time finding people to work for them. ... Read More

Musk Under Fire Again: CEO to Testify Over Tesla Acquisition

In the runup to Tesla Inc.'s 2016 acquisition of a company called SolarCity, Elon Musk hailed the deal as a... Read More

In the runup to Tesla Inc.'s 2016 acquisition of a company called SolarCity, Elon Musk hailed the deal as a "no brainer" — a purchase that would combine the leading maker of electric vehicles with a manufacturer of solar panels... Read More

2021-07-10 15:48:16
by Dan McCue
Business Groups Push Back Against Sweeping EO Aimed At Curbing Corporate Power

WASHINGTON - Business groups are pushing back this weekend against a sweeping executive order signed by President Joe Biden on... Read More

WASHINGTON - Business groups are pushing back this weekend against a sweeping executive order signed by President Joe Biden on Friday intended to curb anti-competitive practice in tech, telecom and other business sectors. Executive Order 14036, also known by its... Read More

Pfizer to Seek OK for 3rd Vaccine Dose; Shots Still Protect

Pfizer is about to seek U.S. authorization for a third dose of its COVID-19 vaccine, saying Thursday that another shot... Read More

Pfizer is about to seek U.S. authorization for a third dose of its COVID-19 vaccine, saying Thursday that another shot within 12 months could dramatically boost immunity and maybe help ward off the latest worrisome coronavirus mutant. Research from multiple... Read More

Attorneys General Sue Google For Anticompetitive Practices

Attorneys general from 36 states and Washington, D.C., hit Google LLC with yet another antitrust lawsuit Wednesday, accusing the company... Read More

Attorneys general from 36 states and Washington, D.C., hit Google LLC with yet another antitrust lawsuit Wednesday, accusing the company of unfair business tactics to monopolize sales of apps used on Android phones.  The lawsuit says Google bought off competitors... Read More

Biden: US Damage Appears Minimal in Big Ransomware Attack

WASHINGTON (AP) — President Joe Biden said Tuesday that damage to U.S. businesses in the biggest ransomware attack on record... Read More

WASHINGTON (AP) — President Joe Biden said Tuesday that damage to U.S. businesses in the biggest ransomware attack on record appears minimal, though information remained incomplete. The company whose software was exploited said fewer than 1,500 businesses worldwide appeared compromised... Read More

2021-07-07 16:13:34
by Brock Blasdell
Record High Confidence Levels Wane for Agricultural Producers

An Ag Economy Barometer report published Tuesday found a 21-point decline in the confidence of food producers in the United... Read More

An Ag Economy Barometer report published Tuesday found a 21-point decline in the confidence of food producers in the United States for June. This solidifies a second month of waning optimism from record highs set earlier in 2021, and indicates... Read More

As Employers Struggle to Fill Jobs, Teens Come to the Rescue

WASHINGTON (AP) — The owners of restaurants, amusement parks and retail shops, many of them desperate for workers, are sounding... Read More

WASHINGTON (AP) — The owners of restaurants, amusement parks and retail shops, many of them desperate for workers, are sounding an unusual note of gratitude this summer: Thank goodness for teenagers. As the U.S. economy bounds back with unexpected speed... Read More

2021-07-06 17:59:25
by Dan McCue
Movie Theaters Slowly Recovering From Pandemic Closures

Movie theaters are seeing a slow uptick in their business as summer and reopenings continue, but the box office take... Read More

Movie theaters are seeing a slow uptick in their business as summer and reopenings continue, but the box office take for 2021 to date is still 81% below where it was pre-pandemic, according to analysis by Variety magazine. Though the... Read More

2021-07-01 15:01:16
by Dan McCue
Turning Risk into Opportunity as Businesses Grapple with Social Upheaval

As social justice incidents and general discord and divisiveness across society have increased, a growing number of companies are feeling... Read More

As social justice incidents and general discord and divisiveness across society have increased, a growing number of companies are feeling pressure both from their employees and their customers to take a stand and provide leadership. It’s not enough to issue... Read More

2021-06-30 20:26:19
by Alexa Hornbeck
National Press Club Discusses Best Practices for COVID-Safe Workplaces

The National Press Club held an event this week to explore some of the key factors relating to safety and... Read More

The National Press Club held an event this week to explore some of the key factors relating to safety and security as more employees head back to the workplace. “The new world post pandemic is all about flexibility, but now... Read More

2021-06-29 13:18:25
by Ansley Puckett
South Carolina Governor Signs Bill to Protect Small Businesses

COLUMBIA, S.C.- South Carolina Gov. Henry McMaster signed a bill on June 24 that protects small businesses from COVID-related lawsuits.  ... Read More

COLUMBIA, S.C.- South Carolina Gov. Henry McMaster signed a bill on June 24 that protects small businesses from COVID-related lawsuits.   The South Carolina COVID-19 Liability Safe Harbor Act provides legal immunity to businesses, health care facilities and state agencies that... Read More

2021-06-28 19:35:33
by Brock Blasdell
Bipartisan Report Says Sourcing Small Businesses for Government Contracts is Step Forward

The Bipartisan Policy Center, in conjunction with Goldman Sachs 10K Small Businesses Voices and Center Forward, have published a policy... Read More

The Bipartisan Policy Center, in conjunction with Goldman Sachs 10K Small Businesses Voices and Center Forward, have published a policy report favoring measures taken by the Biden administration to support small businesses during America’s economic recovery.  The report praises the... Read More

2021-06-28 15:01:39
by Dan McCue
Consistently Teaching Employees New Skills Enhances Loyalty, New Report Shows

Programs that teach employees a new skill - whether it's something additional to better perform a current role, or a... Read More

Programs that teach employees a new skill - whether it's something additional to better perform a current role, or a new set of capabilities to prepare someone for a different role, will be a key component in competing for the... Read More

From Biden to Congress, Big Tech is Under Mounting Pressure

WASHINGTON (AP) — Without speaking a word or scratching a pen across paper, President Joe Biden drove up the pressure... Read More

WASHINGTON (AP) — Without speaking a word or scratching a pen across paper, President Joe Biden drove up the pressure on Big Tech companies already smarting under federal and congressional investigations, epic antitrust lawsuits and near-constant condemnation from politicians of... Read More

2021-06-22 21:27:29
by Kate Michael
SBA Chief Says Ensuring Equity Critical to Success of COVID Relief Program

WASHINGTON — While much good came from the COVID relief funds doled out by the Small Business Administration as the... Read More

WASHINGTON — While much good came from the COVID relief funds doled out by the Small Business Administration as the pandemic ran its course time has shown that certain businesses -- particularly those owned by women and minorities -- went... Read More

2021-06-18 15:56:40
by Reece Nations
American Powered Air-Purifying Respirators Set New Standard

At the onset of the COVID-19 pandemic, it became clear that the nation’s manufacturing capabilities were ill-prepared to respond to... Read More

At the onset of the COVID-19 pandemic, it became clear that the nation’s manufacturing capabilities were ill-prepared to respond to the urgent needs of the medical community. As the pandemic’s scope progressed, so did China’s chokehold on supplying countries with... Read More

2021-06-15 14:58:38
by Dan McCue
Biden Moves to End Long-running Boeing, Airbus Dispute

President Joe Biden on Tuesday moved to end a 17-year dispute with the European Union over how big a government... Read More

President Joe Biden on Tuesday moved to end a 17-year dispute with the European Union over how big a government subsidy each can provide to its major aircraft manufacturer. That’s Boeing in the case of the U.S.; Airbus in the... Read More

2021-06-11 19:58:30
by Dan McCue
Bipartisan Antitrust Package Seeks to Rein in Tech Giants

House lawmakers on Friday introduced sweeping antitrust legislation aimed at restraining the power of large tech companies and preventing corporate... Read More

House lawmakers on Friday introduced sweeping antitrust legislation aimed at restraining the power of large tech companies and preventing corporate consolidation across the economy. Introduced by Antitrust Subcommittee Chairman David Cicilline, D-R.I., and Antitrust Subcommittee Ranking Member Ken Buck, R-Colo.,... Read More

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