Business

2021-04-13 15:01:55
by TWN Staff
Boeing Resumes 787 Dreamliner Deliveries

Boeing's massive aircraft assembly facility in North Charleston, S.C. has resumed deliveries of the aerospace giant's 787 Dreamliner passenger jet,... Read More

Boeing's massive aircraft assembly facility in North Charleston, S.C. has resumed deliveries of the aerospace giant's 787 Dreamliner passenger jet, after the discovery of structural flaws in some of the planes led to five months of engineering analysis and inspection... Read More

Business Faces Tricky Path Navigating Post-Trump Politics

WASHINGTON (AP) — For more than a half-century, the voice emerging from the U.S. Chamber of Commerce's monolithic, Beaux Arts-styled... Read More

WASHINGTON (AP) — For more than a half-century, the voice emerging from the U.S. Chamber of Commerce's monolithic, Beaux Arts-styled building near the White House was predictable: It was the embodiment of American business and, more specifically, a shared set... Read More

2021-04-12 16:24:20
by Tom Ramstack
Norwegian‌ ‌Airline‌ ‌Opposed‌ ‌Over‌ ‌Low-Budget‌ ‌Business‌ ‌Model‌

A startup airline based in Norway is running into opposition from a leading U.S. congressman on transportation policy over its... Read More

A startup airline based in Norway is running into opposition from a leading U.S. congressman on transportation policy over its plan to expand into the United States. The issue is its “flag of convenience” business plan. The startup, called Norse... Read More

2021-04-09 20:27:00
by Dan McCue
Amazon Survives Drive to Unionize Plant in Alabama

Amazon appears to have enough votes to thwart an effort to unionize its warehouse in Bessemer, Ala.  By Friday afternoon,... Read More

Amazon appears to have enough votes to thwart an effort to unionize its warehouse in Bessemer, Ala.  By Friday afternoon, the company had crossed the threshold to secure a majority of votes, with 1,700 warehouse workers voting against the union... Read More

2021-04-09 14:32:23
by Victoria Turner
‘Devil is in the Details’ of Corporate Tax Reform

Just as corporations and tax practitioners are beginning to adjust to the 2017 Tax Cuts and Jobs Act, the Biden... Read More

Just as corporations and tax practitioners are beginning to adjust to the 2017 Tax Cuts and Jobs Act, the Biden administration’s proposed changes would introduce further complexities into an already complicated system, according to three U.S.-based tax attorneys. Biden’s proposal... Read More

2021-04-08 14:57:28
by Victoria Turner
States Likely to Determine COVID-Related Workers’ Comp

When James Reidy worked at the Labor Department in the 1980s, processing worker compensation claims from asbestos exposure in shipyards,... Read More

When James Reidy worked at the Labor Department in the 1980s, processing worker compensation claims from asbestos exposure in shipyards, he found that many of the cases stalled over the question of causation. The workers had been exposed to asbestos... Read More

2021-04-01 13:32:35
by Kate Michael
ESG Definitions and Standards Currently ‘A Little Bit of the Wild Wild West’

WASHINGTON — Environmental, Social, and Corporate Governance are three central factors that shareholders are increasingly using to measure the sustainability... Read More

WASHINGTON — Environmental, Social, and Corporate Governance are three central factors that shareholders are increasingly using to measure the sustainability and societal impact of their investments in companies or businesses. But there continues to be a range of opinions on... Read More

2021-03-30 13:26:56
by Tom Ramstack
FTC Announces Reorganization to Make Rules Against Deceptive Businesses

WASHINGTON -- The Federal Trade Commission is organizing a new rulemaking office to coordinate its efforts against what it calls... Read More

WASHINGTON -- The Federal Trade Commission is organizing a new rulemaking office to coordinate its efforts against what it calls deceptive business practices. The agency’s chairwoman described the reorganization as the start of a more aggressive campaign to protect consumers... Read More

2021-03-29 13:17:36
by TWN Staff
Report: Companies Face a New Era of Scrutiny on Political Activity

Companies are facing ever-greater scrutiny of their political activities, with some of America's biggest businesses still grappling with a response... Read More

Companies are facing ever-greater scrutiny of their political activities, with some of America's biggest businesses still grappling with a response to January’s Capitol riot. As companies reevaluate their role in the political sphere, a new report by The Conference Board... Read More

2021-03-24 13:07:39
by Daniel Mollenkamp
COVID-19 Sniffing Dogs are Here to Stay, but Will They Make a Difference?

ATLANTA — On Sunday, NASCAR joined the list of places using coronavirus-sniffing dogs as a tool to battle the virus's... Read More

ATLANTA — On Sunday, NASCAR joined the list of places using coronavirus-sniffing dogs as a tool to battle the virus's spread. The dogs can be taught to speedily screen large, busy crowds. This, together with the low cost involved in... Read More

2021-03-22 15:55:37
by Dan McCue
High Court Won’t Wade Into Undersea Monument Case

WASHINGTON - The U.S. Supreme Court on Monday declined to consider whether the Obama Administration overstepped its authority in designating... Read More

WASHINGTON - The U.S. Supreme Court on Monday declined to consider whether the Obama Administration overstepped its authority in designating nearly 5,000 undersea acres off the Massachusetts coast a national monument, but Chief Justice John Roberts suggested it may be... Read More

Supply Bottlenecks Leave Ships Stranded, Businesses Stymied

NEW YORK (AP) — A trade bottleneck born of the COVID-19 outbreak has U.S. businesses anxiously awaiting goods from Asia... Read More

NEW YORK (AP) — A trade bottleneck born of the COVID-19 outbreak has U.S. businesses anxiously awaiting goods from Asia — while off the coast of California, dozens of container ships sit anchored, unable to unload their cargo.  The pandemic... Read More

Whiskey Makers Face Worsening Hangover From Trade Dispute

LOUISVILLE, Ky. (AP) — A hangover from Trump-era tariff disputes could become even more painful for American whiskey distillers unless... Read More

LOUISVILLE, Ky. (AP) — A hangover from Trump-era tariff disputes could become even more painful for American whiskey distillers unless their entanglement in a trans-Atlantic trade fight is resolved soon. Bourbon, Tennessee whiskey and rye whiskey were left out of... Read More

2021-03-19 20:14:26
by Sara Wilkerson
Chicago Expanding Outdoor Dining and Creative Spaces

CHICAGO – The City of Chicago announced a new initiative called Chicago Alfresco, which seeks to not only expand the... Read More

CHICAGO – The City of Chicago announced a new initiative called Chicago Alfresco, which seeks to not only expand the city’s outdoor dining program but also allow businesses and non-profit organizations to design creative long-term outdoor spaces. The initiative is... Read More

Amazon Jumps Into Health Care With Telemedicine Initiative

FALLS CHURCH, Va. (AP) — Amazon is making its first foray into providing health care services, announcing Wednesday that it... Read More

FALLS CHURCH, Va. (AP) — Amazon is making its first foray into providing health care services, announcing Wednesday that it will be offering its Amazon Care telemedicine program to employers nationwide. Currently available to the company's employees in Washington state,... Read More

2021-03-15 13:28:27
by Kate Michael
State Department Continues to Advise Against International Travel

WASHINGTON — COVID-19 has caused colossal damage to the U.S. travel industry, grounding airlines, emptying hotels, and stopping almost all... Read More

WASHINGTON — COVID-19 has caused colossal damage to the U.S. travel industry, grounding airlines, emptying hotels, and stopping almost all business and leisure travel for months. The State Department isn’t suggesting this will change any time soon. In a discussion... Read More

2021-03-12 18:36:55
by TWN Staff
FCC Targets Five Chinese Telecoms as Threat to National Security

WASHINGTON - Five Chinese companies are producing telecommunications equipment and services that pose "an unacceptable risk" to national security and... Read More

WASHINGTON - Five Chinese companies are producing telecommunications equipment and services that pose "an unacceptable risk" to national security and the security and safety of U.S. citizens, the Federal Communications Commission announced Friday. The companies include Huawei Technologies Co., ZTE... Read More

2021-03-11 17:14:19
by Tom Ramstack
Railroads Want in on Biden’s $2 Trillion Infrastructure Proposal

WASHINGTON -- The railroad industry moved closer Wednesday to becoming a big winner in President Joe Biden’s environmentally friendly policies.... Read More

WASHINGTON -- The railroad industry moved closer Wednesday to becoming a big winner in President Joe Biden’s environmentally friendly policies. A House Transportation and Infrastructure subcommittee weighed options during a hearing on which passenger and freight railroad projects should get... Read More

From Job Cuts to Online Commerce, Virus Reshaped US Economy

WASHINGTON (AP) — At first, it was expected to be brief. At least that was the hope.  Instead, a once-in-a-century... Read More

WASHINGTON (AP) — At first, it was expected to be brief. At least that was the hope.  Instead, a once-in-a-century pandemic has ground on for a year, throwing millions out of work and upending wide swathes of the American economy.... Read More

2021-03-04 20:54:19
by Dan McCue
Face Masks Are Piling Up In Warehouses, Indy Makers Say

AUSTIN, Texas – It was a dire situation that Lloyd Armbrust can almost laugh about now.  A global pandemic had... Read More

AUSTIN, Texas – It was a dire situation that Lloyd Armbrust can almost laugh about now.  A global pandemic had swept across the United States, a baby was on the way, and Armbrust, hard as he tried, could not find... Read More

2021-03-03 14:57:17
by Tom Ramstack
Airlines Say They Will Fail Without More Federal Aid

WASHINGTON -- Airline industry officials made a plea Tuesday for additional federal assistance to help their deeply wounded businesses recover... Read More

WASHINGTON -- Airline industry officials made a plea Tuesday for additional federal assistance to help their deeply wounded businesses recover from the COVID-19 pandemic. They asked a congressional committee for another round of Payroll Support Program funds, not only to... Read More

2021-03-02 16:23:22
by Victoria Turner
Apprenticeships Benefit Individuals and Employers

WASHINGTON - The Department of Labor’s apprenticeship programs benefit individuals seeking to master skills while gainfully employed, and provides employers... Read More

WASHINGTON - The Department of Labor’s apprenticeship programs benefit individuals seeking to master skills while gainfully employed, and provides employers with the talent needed to fill the current workforce shortage, according to two Congressmen yesterday. Apprenticeships differ from paid internships... Read More

2021-03-01 19:32:41
by Daniel Mollenkamp
FDA Clears Single-Shot Vaccine for Use

WASHINGTON - On Saturday, the Food and Drug Administration gave emergency authorization to a third coronavirus vaccine. This vaccine, unlike... Read More

WASHINGTON - On Saturday, the Food and Drug Administration gave emergency authorization to a third coronavirus vaccine. This vaccine, unlike the Pfizer and Moderna vaccines which received emergency authorizations in December, is a single shot vaccine.  Placebo-controlled, randomized studies of... Read More

2021-03-01 19:23:04
by Reece Nations
Trump Rule on China Tech Transactions to Remain in Place

WASHINGTON — A Trump-era regulation allowing the Department of Commerce to block technology-related business transactions determined to be national security... Read More

WASHINGTON — A Trump-era regulation allowing the Department of Commerce to block technology-related business transactions determined to be national security threats will remain in place, against the wishes of some of the country's business stakeholders. The rule, scheduled to take... Read More

US Jobless Claims Fall to 730,000 But Layoffs Remain High

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards. ... Read More

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.  Applications for benefits declined 111,000 from the previous week to a seasonally adjusted 730,000, the Labor Department said Thursday. It... Read More

2021-02-25 15:07:38
by Sara Wilkerson
Retailers and Restaurants Take Control of Their Future

Retailers and restaurants are taking control of their future by adapting to evolving consumer behaviors via technology use and operating... Read More

Retailers and restaurants are taking control of their future by adapting to evolving consumer behaviors via technology use and operating efficiencies says a new study released from Square Inc. Square’s “Future of Retail” and “Future of Restaurants” reports provide a... Read More

Biden to Order a Review of US Supply Chains for Vital Goods

WASHINGTON (AP) — President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity... Read More

WASHINGTON (AP) — President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals, critical minerals and semiconductors that power cars, phones, military equipment and other goods.  The United States has become... Read More

2021-02-23 22:07:55
by Victoria Turner
Antitrust Reforms Could Kill Competition

Four panelists warned today that proposed legislative reforms for more aggressive antitrust enforcement in Big Tech would likely spill over... Read More

Four panelists warned today that proposed legislative reforms for more aggressive antitrust enforcement in Big Tech would likely spill over across all industries, hindering innovation and harming consumers. Strengthening the antitrust laws - federal and state statutes that restrict the... Read More

2021-02-23 15:58:53
by TWN Staff
Movies Back on the Menu in NYC

NEW YORK - New York City movie theaters will be allowed to reopen, at limited capacity, starting on March 5,... Read More

NEW YORK - New York City movie theaters will be allowed to reopen, at limited capacity, starting on March 5, Gov. Andrew Cuomo announced Monday. The governor broke the news during his daily press briefing with reporters. He said theaters... Read More

2021-02-22 18:22:30
by TWN Staff
Biden Boosts Pandemic Lending to Smallest of Small Businesses

President Joe Biden is extending federal pandemic assistance to the smallest of the nation's small businesses and taking steps to... Read More

President Joe Biden is extending federal pandemic assistance to the smallest of the nation's small businesses and taking steps to ensure funds reach minority and woman-owned businesses. The steps announced Monday morning are intended to bring more equity to the... Read More

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