Business

2020-12-17 20:29:46
by Sean Trambley
Reps. Sewell, Reed Push Legislation to Expand New Markets Tax Credit

WASHINGTON – This week, Reps. Terri Sewell, D-Ala., and Tom Reed, R-N.Y., introduced the New Markets Stabilization Act, bipartisan legislation... Read More

WASHINGTON – This week, Reps. Terri Sewell, D-Ala., and Tom Reed, R-N.Y., introduced the New Markets Stabilization Act, bipartisan legislation that will preserve access to the New Markets Tax Credit for underserved communities.  “Historically underserved communities have faced tremendous economic... Read More

2020-12-15 16:17:55
by Tom Ramstack
Senate Bill Would Allow Payment for College Student Athletes

WASHINGTON -- Student athletes would get a big opportunity to earn income from their sports under a bill introduced in... Read More

WASHINGTON -- Student athletes would get a big opportunity to earn income from their sports under a bill introduced in the Senate last week. The proposed legislation would allow them to strike up contracts with advertisers to use their names... Read More

2020-12-11 00:13:15
by Tom Ramstack
FDA Panel Approves Pfizer Vaccine For Nationwide Distribution

WASHINGTON -- A federal panel of outside experts on Thursday endorsed a coronavirus vaccine from Pfizer and BioNTech, recommending that... Read More

WASHINGTON -- A federal panel of outside experts on Thursday endorsed a coronavirus vaccine from Pfizer and BioNTech, recommending that the Food and Drug Administration move forward with emergency authorization. President-elect Joe Biden responded with a statement saying, “Today’s approval... Read More

Facebook Sued by US, States in Antitrust Case

WASHINGTON — Facebook Inc. was sued by U.S. antitrust officials and a coalition of states that want to break up the company by unwinding its... Read More

WASHINGTON — Facebook Inc. was sued by U.S. antitrust officials and a coalition of states that want to break up the company by unwinding its acquisitions of Instagram and WhatsApp, deals the government says was part of a campaign to illegally crush competition. The Federal Trade Commission and... Read More

Can States Fire Employees Who Leave for Military Duty? Supreme Court May Decide

WASHINGTON — Should a federal law that protects National Guard members and reservists from being fired from their private sector jobs while they... Read More

WASHINGTON — Should a federal law that protects National Guard members and reservists from being fired from their private sector jobs while they are deployed also apply to state government jobs? Last week, the U.S. Supreme Court hinted it might weigh in on the issue.... Read More

Moderna Seeks Clearance for COVID-19 Vaccine After Strong Test Results

Moderna Inc. requested clearance for its coronavirus vaccine in the U.S. after a new analysis showed the vaccine was highly effective in preventing... Read More

Moderna Inc. requested clearance for its coronavirus vaccine in the U.S. after a new analysis showed the vaccine was highly effective in preventing COVID-19, with no serious safety problems. A Moderna spokesman said in a text message late Monday afternoon that its application for an... Read More

2020-11-30 20:56:19
by Dan McCue
Yellen Officially Gets Treasury Nod, Biden Econ Team Manifests Diversity

WILMINGTON, Del. — President-elect Joe Biden on Monday announced his senior economic team, confirming after a week of speculation, that... Read More

WILMINGTON, Del. — President-elect Joe Biden on Monday announced his senior economic team, confirming after a week of speculation, that he would nominate Janet Yellen, the former Federal Reserve chair, to be the first woman to head the Treasury Department,... Read More

Black Friday Offers Beacon of Hope to Struggling Stores

NEW YORK (AP) — After months of slumping sales and businesses toppling into bankruptcy, Black Friday is offering a small... Read More

NEW YORK (AP) — After months of slumping sales and businesses toppling into bankruptcy, Black Friday is offering a small beacon of hope. In normal times, Black Friday is the busiest shopping day of the year, drawing millions of shoppers... Read More

Thanksgiving Food Prices Sink as Americans Scale Down Their Feasts

Turkey prices are sinking as the pandemic may keep some American families from hosting big groups this Thanksgiving. The price of ingredients... Read More

Turkey prices are sinking as the pandemic may keep some American families from hosting big groups this Thanksgiving. The price of ingredients in a traditional turkey dinner for 10 people is down to the lowest level in a decade, driven largely by... Read More

Over Half of Americans Still Plan Thanksgiving Travel Amid COVID Concerns, Report Says

As health officials warn of the risks of Thanksgiving travel, more than half of Americans still plan to venture away from home,... Read More

As health officials warn of the risks of Thanksgiving travel, more than half of Americans still plan to venture away from home, according to a new survey. The website Tripadvisor says 56% of people intend to take trips for the holiday this... Read More

Airlines Say Thanksgiving Demand is Faltering as CDC Warns Americans Not to Travel

DALLAS — Three of the biggest U.S. airlines say demand is weakening for the usually busy Thanksgiving period as the CDC cautioned Americans against traveling for the... Read More

DALLAS — Three of the biggest U.S. airlines say demand is weakening for the usually busy Thanksgiving period as the CDC cautioned Americans against traveling for the holiday. United Airlines, Southwest Airlines and American Airlines said Thursday that they have seen an increase in cancellations and a decrease in new bookings... Read More

Pfizer Plans Filing as Its COVID-19 Vaccine Proves 95% Effective

Pfizer Inc. said a final analysis of clinical trial data showed its COVID-19 vaccine was 95% effective, paving the way for... Read More

Pfizer Inc. said a final analysis of clinical trial data showed its COVID-19 vaccine was 95% effective, paving the way for the company to apply this week for the first U.S. regulatory authorization for a coronavirus shot. The U.S. drugmaker and partner BioNTech SE said their vaccine... Read More

EU Auditors: Antitrust Probes Too Slow to Curb Tech Giants

LONDON (AP) — The EU's efforts to rein in the power of big tech companies such as Google and Facebook... Read More

LONDON (AP) — The EU's efforts to rein in the power of big tech companies such as Google and Facebook through antitrust investigations have taken too long, dulling their effectiveness, a report said Thursday. Legal tools available to the bloc's... Read More

FAA Clears Boeing 737 Max to Fly Again

After nearly two years and a pair of deadly crashes, U.S. Federal Aviation Administration has cleared Boeing’s 737 Max for... Read More

After nearly two years and a pair of deadly crashes, U.S. Federal Aviation Administration has cleared Boeing’s 737 Max for flight. The nation’s air safety agency announced the move early Wednesday, saying it was done after a “comprehensive and methodical”... Read More

A Season of Disappointment and Depression as COVID-19 Rages Into Holidays

LOS ANGELES — Business is booming for Maria Mir. Under normal circumstances, she takes little time off in November and December; the... Read More

LOS ANGELES — Business is booming for Maria Mir. Under normal circumstances, she takes little time off in November and December; the holidays are her busy season. But this is 2020. Nothing is normal. And everyone seems to need her at once.... Read More

Now More Than Ever We Need Science, Not Politics

The global COVID-19 pandemic, with all its devastating consequences, has reaffirmed why science must be at the center of policy... Read More

The global COVID-19 pandemic, with all its devastating consequences, has reaffirmed why science must be at the center of policy considerations, political debate, and media attention. But, lamentably, it is often at the center for all the wrong reasons. Against... Read More

2020-11-09 21:30:37
by Dan McCue
Pfizer Says COVID-19 Vaccine Appears to be 90% Effective

Stocks surged around the world Monday after Pfizer announced that early results from trials of its coronavirus vaccine suggest the... Read More

Stocks surged around the world Monday after Pfizer announced that early results from trials of its coronavirus vaccine suggest the shots may be 90% effective at preventing COVID-19. But President-elect Joe Biden quickly reminded Americans that the good news does... Read More

Sinclair Broadcast Loses $3.2 Billion in Third Quarter Amid Pandemic's Impact on Sports Networks

Sinclair Broadcast Group reported a massive loss for the quarter ended Sept. 30 due to charges related to its local sports segment during... Read More

Sinclair Broadcast Group reported a massive loss for the quarter ended Sept. 30 due to charges related to its local sports segment during the coronavirus. The Hunt Valley-based broadcaster lost $3.2 billion for the July-to-September period as the company wrote off about $4.2 billion... Read More

Is The Country Ready for a Single-Passenger Electric Vehicle?

There's a new kid on the zero-emissions vehicle block — and it has three wheels. The Solo, from Canadian designer... Read More

There's a new kid on the zero-emissions vehicle block — and it has three wheels. The Solo, from Canadian designer and manufacturer ElectraMeccanica, is a single-passenger all-electric vehicle with a range of 100 miles and a top speed of 80... Read More

2020-11-04 22:03:08
by Sara Wilkerson
Nielsen Predicts Consumer Holiday Spending Behavior in 'New Normal'

Ahead of the holiday season, Nielsen, the global marketing research firm, recently predicted the types of behaviors consumers will exhibit... Read More

Ahead of the holiday season, Nielsen, the global marketing research firm, recently predicted the types of behaviors consumers will exhibit due to the “new normal” set by the COVID-19 pandemic. With considerations of varying financial and physical restrictions consumers will... Read More

2020-10-30 16:01:29
by Sara Wilkerson
Gottheimer and Philips Urge Congressional PPP Renewal

Earlier this week, Rep. Josh Gottheimer, D-N.J. and Dean Phillips, D-Minn., discussed the continuously growing need to renew the Small... Read More

Earlier this week, Rep. Josh Gottheimer, D-N.J. and Dean Phillips, D-Minn., discussed the continuously growing need to renew the Small Business Administration’s Paycheck Protection Program for a second round and urged both Congress and the administration to continue bipartisan negotiations... Read More

Walmart Pulls Guns Off Shelves as Precaution Ahead of Election

Walmart Inc. has temporarily pulled ammunition and guns off its shelves ahead of any possible looting or civil unrest that... Read More

Walmart Inc. has temporarily pulled ammunition and guns off its shelves ahead of any possible looting or civil unrest that could take place following next week's election. "We have seen some isolated civil unrest and as we have done on... Read More

Flying is Safer Than Grocery Shopping or Eating Out, Report Says

Flying ranks below grocery shopping and eating in a restaurant when it comes to the risk of contracting COVID-19 in... Read More

Flying ranks below grocery shopping and eating in a restaurant when it comes to the risk of contracting COVID-19 in a public place, a new study claims. It's all in the ventilation and the protocols, researchers at Harvard University's T.H. Chan School... Read More

Few New Movies, Small Crowds: Can AMC and B&B Theaters Survive the Pandemic?

At AMC Town Center in the Kansas City suburb of Leawood, Kan., the 20-screen complex has a few recent offerings: There's a new comedy starring Robert... Read More

At AMC Town Center in the Kansas City suburb of Leawood, Kan., the 20-screen complex has a few recent offerings: There's a new comedy starring Robert DeNiro and Rob Riggle, Christopher Nolan's "Tenet" and a thriller with Russell Crowe. But it's the oldies that tell the story of how the coronavirus... Read More

2020-10-27 13:13:56
by Sean Trambley
Corporate Pro Bono Initiatives Deliver Legal Aid to Those Who Need It Most

When Gwen Boyd-Willis was released from a Georgia women’s prison after a four-month sentence for fraudulently using an ATM card... Read More

When Gwen Boyd-Willis was released from a Georgia women’s prison after a four-month sentence for fraudulently using an ATM card left in a machine, she faced new barriers to gaining employment and becoming a productive member of society. Candid with... Read More

Google Monopoly Case by US Sets Stage for Multipronged Attack

WASHINGTON - The U.S. Justice Department sued Alphabet Inc.'s Google in the most significant antitrust case against an American company in two decades, kicking off what... Read More

WASHINGTON - The U.S. Justice Department sued Alphabet Inc.'s Google in the most significant antitrust case against an American company in two decades, kicking off what promises to be a volley of legal actions against the search giant for allegedly abusing its market power. Google, which... Read More

2020-10-20 19:38:07
by Sara Wilkerson
New Survey Predicts Dismal Outlook for Mom and Pop Shops for the Holidays

A new survey released from Alignable, the country’s largest online referral network for small businesses, shows 45% of consumers shifted... Read More

A new survey released from Alignable, the country’s largest online referral network for small businesses, shows 45% of consumers shifted from shopping at local businesses to purchasing goods from national, online retailers when they were most concerned about COVID. The... Read More

2020-10-16 21:26:08
by Dan McCue
In Final Push, Biden Builds Bridge to Business Community

WASHINGTON - With less than 20 days to go until Election Day 2020, the Biden campaign is engaging in a... Read More

WASHINGTON - With less than 20 days to go until Election Day 2020, the Biden campaign is engaging in a full-throttled effort to reach out to small business owners across the country. The goal is both to enlist them as... Read More

2020-10-13 17:41:11
by Reece Nations
Survey: 80% of Small Businesses Want Economic Relief Prioritized Over SCOTUS Nomination

WASHINGTON – A national survey by the Small Business for America’s Future coalition found that roughly 8 in ten respondents... Read More

WASHINGTON – A national survey by the Small Business for America’s Future coalition found that roughly 8 in ten respondents identified something other than the Supreme Court nomination when asked about Congressional priorities. The survey, conducted from Oct. 2 through... Read More

2020-10-12 12:55:48
by Sean Trambley
Sen. Sherrod Brown Advocates for Worker Protection Landmark Legislation

WASHINGTON – U.S. Sen. Sherrod Brown, D-Ohio, hosted a news conference call to discuss landmark legislation he introduced this fall... Read More

WASHINGTON – U.S. Sen. Sherrod Brown, D-Ohio, hosted a news conference call to discuss landmark legislation he introduced this fall to protect workers as corporations increasingly classify them as independent contractors and use sub-contractors, temporary (temp) agencies, and corporate franchises... Read More

1 ... 13 14 15 16 17 ... 21
Straight From The Well
scroll top