Business

2019-11-11 17:03:42
by Tom Ramstack
Congress Considers Proposals to Help Immigrants Start Small Businesses

Business leaders in California appealed to Congress Friday to expand financial assistance to immigrants trying to start their own businesses.... Read More

Business leaders in California appealed to Congress Friday to expand financial assistance to immigrants trying to start their own businesses. They said small government investments can create big payoffs when immigrants start successful businesses that pay taxes and employ other... Read More

2019-11-08 21:15:32
by Dan McCue
Supreme Court to Decide Whether 'Booking.com' Too Generic for Trademark Protection

WASHINGTON - The Supreme Court on Friday agreed to hear a case in which the U.S. Patent and Trademark Office... Read More

WASHINGTON - The Supreme Court on Friday agreed to hear a case in which the U.S. Patent and Trademark Office contends that Booking.com’s name is too generic for trademark protection. As is their custom, the justices did not explain their... Read More

Trump’s Steel Tariffs Were Supposed to Save the Industry. They Made Things Worse

WASHINGTON — When President Trump slapped 25% tariffs on foreign steel in March 2018, panicky U.S. buyers rushed to place... Read More

WASHINGTON — When President Trump slapped 25% tariffs on foreign steel in March 2018, panicky U.S. buyers rushed to place new orders ahead of feared supply interruptions, driving prices up sharply. It was an instant bonanza for domestic steel producers.... Read More

2019-10-30 14:23:36
by Tom Ramstack
Trump Considers Disposing of D.C. Hotel to End Legal and Political Disputes

WASHINGTON - The Trump organization is considering selling its lease on the downtown Washington Trump International Hotel to resolve legal... Read More

WASHINGTON - The Trump organization is considering selling its lease on the downtown Washington Trump International Hotel to resolve legal and political disputes over its ownership and profits. Controversy surrounding the hotel is part of an ongoing tide of criticism... Read More

2019-10-24 14:03:28
by Dan McCue
Problem Solvers Caucus Endorses JOBS Act to Expand Pell Grant Eligibility for Students

WASHINGTON - The bipartisan Problem Solvers Caucus on Thursday threw its support behind a proposal to expand Pell Grant eligibility... Read More

WASHINGTON - The bipartisan Problem Solvers Caucus on Thursday threw its support behind a proposal to expand Pell Grant eligibility for short-term training programs that will allow more Americans to gain industry-recognized credentials. The House bill, H.R. 3497, also called... Read More

Democrats Seek Insider Trading Probe After ‘Trump Chaos’ Article

WASHINGTON — Democratic lawmakers are increasingly demanding that U.S. authorities investigate allegations raised in a recent magazine article that traders... Read More

WASHINGTON — Democratic lawmakers are increasingly demanding that U.S. authorities investigate allegations raised in a recent magazine article that traders might be using nonpublic government information to reap huge illegal profits, even as the exchange where the transactions purportedly took... Read More

France Accuses Google of Flouting EU Copyright Law Meant to Help News Publishers

France has accused American internet giant Google of ignoring “the spirit and the letter” of a Europe-wide copyright law aimed... Read More

France has accused American internet giant Google of ignoring “the spirit and the letter” of a Europe-wide copyright law aimed at giving publishers a bigger cut of the economic benefit from online news. French President Emmanuel Macron and the country’s... Read More

2019-10-18 21:07:24
by Dan McCue
Governors Hold Summit on Regional Approach to Cannabis and Vaping Legislation

The governors of five northeastern states came together for a summit on Thursday to discuss the outlines of a joint... Read More

The governors of five northeastern states came together for a summit on Thursday to discuss the outlines of a joint regional approach to cannabis and vaping policies. "This issue is complicated, controversial and consequential. It is probably one of the... Read More

2019-10-04 20:47:09
by Dan McCue
House Panel Passes Bipartisan Bill Supporting Women Entrepreneurs

WASHINGTON - A bill introduced by freshman Reps. Sharice Davids, D-Kan., and Jim Hagedorn, R-Minn., and intended to provide women... Read More

WASHINGTON - A bill introduced by freshman Reps. Sharice Davids, D-Kan., and Jim Hagedorn, R-Minn., and intended to provide women entrepreneurs greater access to resources and training has passed through the House Committee on Small Business without objection. H.R. 4405,... Read More

2019-10-04 17:45:50
by Tom Ramstack
Senate Bill Seeks to End Confusion Over Liability for Hemp Shipments

WASHINGTON - A provision in the Justice Department’s annual funding bill is likely to alter the criminal liability risks for... Read More

WASHINGTON - A provision in the Justice Department’s annual funding bill is likely to alter the criminal liability risks for sellers and handlers of cannabis products. Ten states have authorized limited sales of the psychoactive drug for recreation, despite the... Read More

2019-10-04 15:27:04
by Dan McCue
Scottish Whiskey, French Wine and Italian Cheeses Targeted For Tariffs

WASHINGTON - Scottish whisky, French wine and Italian cheese all could feel the wallop of hefty tariffs now that the... Read More

WASHINGTON - Scottish whisky, French wine and Italian cheese all could feel the wallop of hefty tariffs now that the World Trade Organization decided it will allow the United States to place tariffs on $7.5 billion of European Union goods.... Read More

2019-10-01 18:38:55
by Dan McCue
Iowa's Axne, Leads Freshman Dems In Push to End Surprise Billing

WASHINGTON – Representative Cindy Axne, D-Iowa, led a group of freshman House Democrats in introducing legislation to protect Americans from... Read More

WASHINGTON – Representative Cindy Axne, D-Iowa, led a group of freshman House Democrats in introducing legislation to protect Americans from "surprise bills" due to out-of-date insurance directors. The UPDATE Act requires insurance companies to regularly update their provider directories to... Read More

2019-10-01 18:27:21
by Dan McCue
Appeals Court Upholds Claw Back of Net Neutrality Rules, With Caveat

WASHINGTON - The D.C. Circuit Court of Appeals on Tuesday issued a mixed ruling on the Federal Communications Commission's 2017... Read More

WASHINGTON - The D.C. Circuit Court of Appeals on Tuesday issued a mixed ruling on the Federal Communications Commission's 2017 repeal of so-called net neutrality, allowing the claw back to stand while striking down a provision blocking states from adopting... Read More

2019-09-27 20:59:45
by Dan McCue
House Passes Bill Granting Marijuana Businesses Access to Banking

WASHINGTON - The House passed a bill earlier this week that would grant legal marijuana businesses access to banking, resolving... Read More

WASHINGTON - The House passed a bill earlier this week that would grant legal marijuana businesses access to banking, resolving a longstanding challenge for the growing industry. The bill, called the SAFE Banking Act, passed 321-103 on the strength of... Read More

2019-09-27 20:51:34
by Dan McCue
Top World Bank Official Tapped As New Chief at International Monetary Fund

WASHINGTON - Kristalina Georgieva, a Bulgarian economist and top World Bank official, has been named the new head of the... Read More

WASHINGTON - Kristalina Georgieva, a Bulgarian economist and top World Bank official, has been named the new head of the International Monetary Fund. She succeeds Christine Lagarde who is stepping down to take over as head of the European Central... Read More

2019-09-27 20:41:31
by Dan McCue
McHenry, Maloney Introduce Bipartisan Financial Transparency Act

WASHINGTON - Reps. Patrick McHenry, R-N.C., and Carolyn Maloney, D-N.Y., have introduced legislation to make financial data more easily available... Read More

WASHINGTON - Reps. Patrick McHenry, R-N.C., and Carolyn Maloney, D-N.Y., have introduced legislation to make financial data more easily available online and less opaque. McHenry, ranking Republican of the House Financial Services Committee, said with technology playing such a large... Read More

2019-09-24 20:35:40
by Dan McCue
Women-Owned Businesses Growing 2X Faster Than All Businesses Nationwide

WASHINGTON - Women-owned businesses continue to fuel the economy and now represent 42% of all businesses — nearly 13 million... Read More

WASHINGTON - Women-owned businesses continue to fuel the economy and now represent 42% of all businesses — nearly 13 million — employing 9.4 million workers and generating revenue of $1.9 trillion, according to a new report commissioned by American Express.... Read More

2019-09-19 12:46:24
by Dan McCue
Majority of CFOs See US Sliding Into Recession Before 2020 Election

WASHINGTON - A majority of chief financial officers surveyed by Duke University believe the United States will be in an... Read More

WASHINGTON - A majority of chief financial officers surveyed by Duke University believe the United States will be in an economic recession by the 2020 Election, despite continuing low unemployment. Fifty-three percent of the 225 CFOs participating in the latest... Read More

2019-09-19 12:43:50
by TWN Staff
New Democrat Coalition Releases Priorities for U.S. Climate Policy

WASHINGTON -  The New Democrat Coalition released policy principles and endorsed legislation to combat climate change Wednesday, seeking to "address... Read More

WASHINGTON -  The New Democrat Coalition released policy principles and endorsed legislation to combat climate change Wednesday, seeking to "address the climate challenge with the urgency the crisis demands" and further their belief the U.S. is best positioned to be... Read More

2019-09-13 19:51:40
by Dan McCue
White House Repeals Obama-Era Clean Water Rule

WASHINGTON — The Trump administration announced Thursday that it is repealing an  Obama-era clean water rule that had placed limits... Read More

WASHINGTON — The Trump administration announced Thursday that it is repealing an  Obama-era clean water rule that had placed limits on polluting chemicals that could be used near streams, wetlands and other bodies of water. According to the Environmental Protection... Read More

2019-09-09 23:47:57
by Dan McCue
State Attorneys General Launch Antitrust Probe of Google

WASHINGTON - Fifty attorneys general launched an antitrust investigation into Google Monday, announcing their effort on the steps of the... Read More

WASHINGTON - Fifty attorneys general launched an antitrust investigation into Google Monday, announcing their effort on the steps of the U.S. Supreme Court building. Texas Attorney General Ken Paxton, who is leading the bipartisan coalition, said Monday the probe will... Read More

2019-09-06 21:08:34
by Dan McCue
House to Vote on Banning Offshore Drilling in Almost All US Waters

WASHINGTON - The House will vote next week on a trio of bills that would effectively block all new offshore... Read More

WASHINGTON - The House will vote next week on a trio of bills that would effectively block all new offshore oil and gas drilling in the waters around the United States. In a letter to House members, Democratic House Leader... Read More

2019-08-27 19:38:21
by Dan McCue
Australia Could Play Bigger Role In Supplying U.S. Military With Rare Earth Minerals

WASHINGTON - With trade tensions between U.S. and China still on a high boil, Australia stands poised to become the... Read More

WASHINGTON - With trade tensions between U.S. and China still on a high boil, Australia stands poised to become the Defense Department's primary supplier of Rare Earth metals, a department official said Monday. Rare Earth metals are a collection of... Read More

2019-08-27 15:36:42
by Dan McCue
Pentagon to Recruit Private Investors to Fund American-Made Small Drones

WASHINGTON - The Pentagon is seeking to recruit private investors to invest in a new generation of American-made small drone... Read More

WASHINGTON - The Pentagon is seeking to recruit private investors to invest in a new generation of American-made small drone technology as an alternative to Chinese models. Ellen M. Lord, the Undersecretary of Defense for Acquisition and Sustainment, told reporters... Read More

2019-08-23 21:05:16
by Sean Trambley
Freshman Rep. Haaland Introduces Bill to Incentivize Family-Friendly Workplaces

In July, freshman Representative Deb Haaland, D-N.M., was joined by a dozen colleagues to introduce important legislation aimed at supporting... Read More

In July, freshman Representative Deb Haaland, D-N.M., was joined by a dozen colleagues to introduce important legislation aimed at supporting family-friendly workplaces and incentivizing businesses to implement family-friendly policies for their workers.  H.R. 3838, the Honoring Family Friendly Workplaces Act,... Read More

2019-08-23 17:16:20
by Dan McCue
China Hits US With New Tariffs on $75 Billion Worth of Products

WASHINGTON — China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump's... Read More

WASHINGTON — China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump's latest planned increase, deepening the trade conflict between the two nations at a time when the president insists "China wants... Read More

2019-08-20 18:41:16
by Dan McCue
Nearly Three-Out-Of-Four Economists Believe US Will Be In Recession by 2021, Survey Finds

WASHINGTON — Seventy-four percent of U.S. business economists participating in a new survey believe the United States will slip into... Read More

WASHINGTON — Seventy-four percent of U.S. business economists participating in a new survey believe the United States will slip into a recession by the end of 2021, despite the White House's insistence that the "fundamentals" of the economy remain strong.... Read More

2019-08-20 12:43:11
by Dan McCue
Majority Of Large Employers Have Concerns About 'Medicare For All' Proposals, Survey Finds

WASHINGTON - A majority of large employers believe the Medicare for all proposals being touted by some White House aspirants... Read More

WASHINGTON - A majority of large employers believe the Medicare for all proposals being touted by some White House aspirants would lower the number of uninsured in the United States, but at a cost of higher taxes and a decline... Read More

2019-08-15 20:24:06
by Dan McCue
Katko, Brindisi Launch Bipartisan Effort to Address Lake Ontario Woes

WASHINGTON - Representatives John Katko and Anthony Brindisi have launched a bipartisan effort to hold the international commission that manages... Read More

WASHINGTON - Representatives John Katko and Anthony Brindisi have launched a bipartisan effort to hold the international commission that manages outflows from Lake Ontario accountable for recent historic flooding. Katko, a Republican, and Brindisi, a Democrat, have gotten the Government... Read More

2019-08-06 21:25:55
by Sean Trambley
Houlahan, Balderson Lead Bipartisan Effort to Bolster Grants To Spark Small Business Innovation

Freshman Representative Chrissy Houlahan, D-Penn., was joined by Representative Troy Balderson, R-Ohio, to introduce bipartisan and bicameral legislation to enhance... Read More

Freshman Representative Chrissy Houlahan, D-Penn., was joined by Representative Troy Balderson, R-Ohio, to introduce bipartisan and bicameral legislation to enhance commercialization services for federally funded research and development.  Introduced in the House on July 18, H.R. 3839, the Research Advancing... Read More

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