Business

2020-07-24 17:44:01
by Dan McCue
FAA Issues Emergency Inspection Order for Boeing 737s Due to Engine Issue

WASHINGTON - The Federal Aviation Administration issued an emergency directive Friday ordering operators of the Boeing 737 passenger jet to... Read More

WASHINGTON - The Federal Aviation Administration issued an emergency directive Friday ordering operators of the Boeing 737 passenger jet to inspect and potentially replace a key engine component following four reports of unexpected engine shutdowns. The FAA's "emergency airworthiness directive"... Read More

2020-07-24 17:26:29
by TWN
At Philip Morris International Smoke-free Future Cornerstone of Sustainability

WASHINGTON — It has been an eventful summer for Philip Morris International, the company perhaps best known for its Marlboro... Read More

WASHINGTON — It has been an eventful summer for Philip Morris International, the company perhaps best known for its Marlboro and Chesterfield cigarette brands. First, Chief Executive Officer André Calantzopoulos declared in the company’s recently released integrated report that he... Read More

2020-07-22 17:23:01
by Dan McCue
Budd Calls for Support for TSA Temperature Check Program

WASHINGTON - Rep. Ted Budd, R-N.C., took to the floor of the House Wednesday to urge members to support his... Read More

WASHINGTON - Rep. Ted Budd, R-N.C., took to the floor of the House Wednesday to urge members to support his bill requiring the Transportation Security Administration to conduct a pilot temperature screening program of all airline passengers. Budd and Reps.... Read More

2020-07-21 19:23:40
by Dan McCue
Bipartisan Bill Will Provide Tax Credit to Food and Beverage Distributors

WASHINGTON - Reps. Darin LaHood, R-Ill., and Jimmy Panetta, D-Calif., introduced a bill Tuesday providing a tax credit to food... Read More

WASHINGTON - Reps. Darin LaHood, R-Ill., and Jimmy Panetta, D-Calif., introduced a bill Tuesday providing a tax credit to food and beverage distributors to cover debt incurred for products shipped, but not yet paid for, due the coronavirus outbreak. The... Read More

2020-07-21 14:10:16
by Sara Wilkerson
Cisneros Co-Sponsors Bipartisan RESTAURANTS Relief Bill

WASHINGTON - Rep. Gilbert Cisneros, Jr., D-Calif., is the co-sponsor of a bipartisan bill aimed at providing financial relief for... Read More

WASHINGTON - Rep. Gilbert Cisneros, Jr., D-Calif., is the co-sponsor of a bipartisan bill aimed at providing financial relief for independent, non-chain restaurants within the restaurant industry. The Real Economic Support That Acknowledges Unique Restaurant Assistance Needed to Survive Act... Read More

2020-07-16 13:34:28
by Dan McCue
Restaurant Groups Renew Push for Coronavirus Relief Aid

WASHINGTON - A week before Congress turns its attention to the next coronavirus relief bill, advocates for the nation's restaurants... Read More

WASHINGTON - A week before Congress turns its attention to the next coronavirus relief bill, advocates for the nation's restaurants are urging lawmakers to include a number of provisions to specifically bolster the struggling industry. “In just the past two... Read More

Chatham Announces Plan to Buy Newspaper Publisher McClatchy

NEW YORK (AP) — Hedge fund Chatham Asset Management plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163... Read More

NEW YORK (AP) — Hedge fund Chatham Asset Management plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control. The companies did not put a price on the deal in an announcement Sunday. The agreement... Read More

Biden Pledges New Deal-Like Economic Agenda to Counter Trump

DUNMORE, Pa. (AP) — Democrat Joe Biden turned his campaign against President Donald Trump toward the economy Thursday, introducing a New Deal-like... Read More

DUNMORE, Pa. (AP) — Democrat Joe Biden turned his campaign against President Donald Trump toward the economy Thursday, introducing a New Deal-like economic agenda while drawing a sharp contrast with a billionaire incumbent he said has abandoned working-class Americans amid cascading crises.... Read More

2020-07-10 14:10:22
by Tom Ramstack
Corporate Leaders Suggest Bailout for Minority and Women Businesses

WASHINGTON - Business leaders, during a congressional hearing Thursday, advocated for greater access to financial services for minority and women-owned... Read More

WASHINGTON - Business leaders, during a congressional hearing Thursday, advocated for greater access to financial services for minority and women-owned businesses. They said government bailout money and low-interest loans for businesses during the COVID-19 pandemic are going first to established... Read More

2020-07-07 19:00:32
by Reece Nations
NewDEAL Forum Launches Task Force to Address Rebuilding the Country Following COVID-19

WASHINGTON – The NewDEAL Forum has established a task force comprised of state and local officials to devise recommendations on... Read More

WASHINGTON – The NewDEAL Forum has established a task force comprised of state and local officials to devise recommendations on a sustainable recovery from the coronavirus outbreak. The Renewing America Task Force will be led by five Democratic co-chairs including... Read More

2020-07-07 18:52:03
by Reece Nations
Rep. Chrissy Houlahan Recognized for Leadership on Behalf of Businesses

Rep. Chrissy Houlahan, D-Pa., has been recognized for her support of small business, by the U.S. Chamber of Commerce. Houlahan,... Read More

Rep. Chrissy Houlahan, D-Pa., has been recognized for her support of small business, by the U.S. Chamber of Commerce. Houlahan, who has represented Pennsylvania’s 6th Congressional District since 2018, is not only an Air Force veteran, engineer and educator, she’s... Read More

2020-07-06 14:11:02
by Reece Nations
Rep. Antonio Delgado Honored with Chamber of Commerce’s Enterprise Award

WASHINGTON - The U.S. Chamber of Commerce recognized Rep. Antonio Delgado, D-N.Y, with its yearly Spirit of Enterprise Award for... Read More

WASHINGTON - The U.S. Chamber of Commerce recognized Rep. Antonio Delgado, D-N.Y, with its yearly Spirit of Enterprise Award for his support of business-friendly initiatives in the first session of the 116th Congress. The chamber has rated members of Congress... Read More

2020-07-02 13:47:31
by Reece Nations
Rep. Lizzie Fletcher Receives Multiple US Chamber Honors for Leadership, Enterprise

WASHINGTON - Rep. Lizzie Fletcher, D-Texas, received multiple honors from the U.S. Chamber of Commerce last week for her efforts... Read More

WASHINGTON - Rep. Lizzie Fletcher, D-Texas, received multiple honors from the U.S. Chamber of Commerce last week for her efforts on behalf of small business and her constituents.  Fletcher, who was elected to represent Texas’ 7th Congressional District in 2018,... Read More

2020-07-01 20:53:08
by Dan McCue
Majority Want Businesses to Offer Workers Paid Sick Time for COVID-19, Poll Finds

WASHINGTON - A majority of Americans said they would feel safe patronizing a business or restaurant if they knew those... Read More

WASHINGTON - A majority of Americans said they would feel safe patronizing a business or restaurant if they knew those who worked there were guaranteed paid sick leave if they came down with COVID-19, a new poll shows. The latest... Read More

2020-06-30 20:59:17
by Dan McCue
Justices Hold Booking.com Can Trademark Its Name

WASHINGTON — A nearly unanimous Supreme Court said Tuesday that the travel website Booking.com can trademark its name, a ruling... Read More

WASHINGTON — A nearly unanimous Supreme Court said Tuesday that the travel website Booking.com can trademark its name, a ruling of high significance to other companies using a generic word followed by ".com." as a name. Lower courts had sided... Read More

Americans Are Actually Drinking Less During the Pandemic

During the coronavirus pandemic, people are drinking less. (Yes, you read that correctly.) While the masses are buying more booze... Read More

During the coronavirus pandemic, people are drinking less. (Yes, you read that correctly.) While the masses are buying more booze from grocers and liquor stores to drink at home, that hasn’t been enough to fill the gaping hole created by... Read More

2020-06-16 14:30:18
by Dan McCue
Retail Sales Rebound As States Reopen After COVID-19 Lockdowns

WASHINGTON - Retail sales rebounded across the country in May as a growing number of states allowed stores and restaurants... Read More

WASHINGTON - Retail sales rebounded across the country in May as a growing number of states allowed stores and restaurants to reopen and consumers were finally allowed to venture out and spend federal stimulus checks and tax refunds. According to... Read More

Tourist Towns Balance Fear, Survival in Make-or-Break Summer

CANNON BEACH, Ore. (AP) — As the coronavirus raced across America, this quaint seaside town did what would normally be... Read More

CANNON BEACH, Ore. (AP) — As the coronavirus raced across America, this quaint seaside town did what would normally be unthinkable for a tourist destination. Spooked by a deluge of visitors, the tiny Oregon community shooed people from its expansive... Read More

2020-06-01 18:23:49
by Dan McCue
Restaurant Rich Charleston Offers Clues to Post-Pandemic Future of Industry

CHARLESTON, S.C. - It wasn't exactly a typical Friday night in what could arguably be described as the "foodie district"... Read More

CHARLESTON, S.C. - It wasn't exactly a typical Friday night in what could arguably be described as the "foodie district" of Charleston, South Carolina. But it was something of a barometer of how restaurants are fighting to come back from... Read More

2020-06-01 12:08:15
by Tom Ramstack
Maritime Industry Asks Congress for Bailout During Coronavirus

WASHINGTON - Representatives of the U.S. maritime industry asked Congress for an emergency bailout Friday as they described how coronavirus... Read More

WASHINGTON - Representatives of the U.S. maritime industry asked Congress for an emergency bailout Friday as they described how coronavirus is hurting ports and shippers. They are expecting their revenue to drop by as much as one-quarter below normal levels... Read More

2020-05-28 20:17:28
by Dan McCue
House Overwhelmingly Endorses Greater Flexibility for Small Business Aid Program

WASHINGTON - In an overwhelmingly bipartisan fashion, the House on Thursday passed legislation providing struggling small businesses with greater flexibility... Read More

WASHINGTON - In an overwhelmingly bipartisan fashion, the House on Thursday passed legislation providing struggling small businesses with greater flexibility in using coronavirus relief loans. The bill, which amends the Paycheck Protection Program enacted in March, passed by a vote... Read More

2020-05-27 19:21:32
by Kate Michael
State of Small Business Report Outlines the Struggle for Survival and Reopening

WASHINGTON - The economy is in crisis, but not everyone is feeling it the same way. One of the hardest-hit... Read More

WASHINGTON - The economy is in crisis, but not everyone is feeling it the same way. One of the hardest-hit sectors is America’s small businesses. Over 99% of the nation’s 28.7 million firms are small and medium-sized businesses which contribute... Read More

2020-05-26 18:12:17
by Dan McCue
New Dems, Problem Solvers Endorse Legislation to Improve Paycheck Protection Program

WASHINGTON - Both the New Democrat Coalition and the Problem Solvers Caucus endorsed legislation on Tuesday intended to make the... Read More

WASHINGTON - Both the New Democrat Coalition and the Problem Solvers Caucus endorsed legislation on Tuesday intended to make the federal government's Paycheck Protection Program work better for more businesses across the country. Since its creation in the very first... Read More

2020-05-19 21:09:31
by Dan McCue
Groundbreaking Survey Series Asks, 'What Will It Take to Return to Normalcy?'

WASHINGTON - Would you be willing to take a cruise right now? How about attending a live sporting event? Or... Read More

WASHINGTON - Would you be willing to take a cruise right now? How about attending a live sporting event? Or staying in a hotel? Perhaps flying? A new survey of the travel and leisure attitudes of Americans found that more... Read More

2020-05-19 20:21:22
by Gaspard Le Dem
The Coronavirus Is Taking A Toll On The Renewable Energy Sector

The natural world has gotten a boost from the coronavirus pandemic.  With fewer cars on the roads and planes in... Read More

The natural world has gotten a boost from the coronavirus pandemic.  With fewer cars on the roads and planes in the sky, the world has benefited from clearer skies and an unprecedented decline in carbon emissions.  Daily CO2 emissions decreased... Read More

2020-05-19 20:08:44
by Dan McCue
Number of Female CEOs in the Fortune 500 Hits All-Time Record

The number of women running America's largest corporations has reached a record high with 37 of the companies on this... Read More

The number of women running America's largest corporations has reached a record high with 37 of the companies on this year's Fortune 500 being led by female CEOs, Fortune magazine announced on Monday. The Fortune 500, which ranks America's largest... Read More

2020-05-18 21:25:26
by Gaspard Le Dem
Department of Transportation Relaxes Rest Stop Rules For Truck Drivers

WASHINGTON - The Federal Motor Carrier Safety Administration announced on Thursday that it had finalized new rules to give truckers... Read More

WASHINGTON - The Federal Motor Carrier Safety Administration announced on Thursday that it had finalized new rules to give truckers more flexibility on their driving hours. The announcement comes after two years of intense public debate over how to give... Read More

2020-05-13 13:17:12
by Gaspard Le Dem
House Lawmakers Urge Relief For Auto Industry in Next Coronavirus Bills

WASHINGTON - A bipartisan group of House lawmakers on Tuesday urged Congress to provide funding for the U.S. automobile industry... Read More

WASHINGTON - A bipartisan group of House lawmakers on Tuesday urged Congress to provide funding for the U.S. automobile industry in future coronavirus stimulus packages. “America’s motor vehicle industry must remain the heart of our nation’s manufacturing capability,” wrote the... Read More

2020-05-06 20:35:01
by Dan McCue
Employers Eliminated More Than 20 Million Jobs in April, Report Says

WASHINGTON - U.S. private sector employers cut 20.2 million jobs from their payrolls in April, a stunning sign of just... Read More

WASHINGTON - U.S. private sector employers cut 20.2 million jobs from their payrolls in April, a stunning sign of just what the coronavirus outbreak has done to the economy in a relatively short time. In a report released Wednesday, ADP,... Read More

2020-05-05 15:12:02
by Dan McCue
Supreme Court's First-Ever Sitting for Arguments By Phone Goes Off Without a Hitch

WASHINGTON - Somewhere, Alexander Graham Bell must be smiling. Some 144 years after the Scottish-born scientist invented the world's first... Read More

WASHINGTON - Somewhere, Alexander Graham Bell must be smiling. Some 144 years after the Scottish-born scientist invented the world's first working telephone, the U.S. Supreme Court made history Monday by hearing oral arguments using his technology and allowing the world... Read More

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