Business

2019-08-05 21:29:45
by Tom Ramstack
States Sue Trump Administration Over Lower Fuel Efficiency Penalties

Twelve states are suing the Trump administration over its decision to deeply roll back potential penalties against automakers that violate... Read More

Twelve states are suing the Trump administration over its decision to deeply roll back potential penalties against automakers that violate federal fuel efficiency standards. The National Highway Traffic Safety Administration proposes a 61 percent reduction in penalties for violations of... Read More

2019-08-02 20:33:50
by Sean Trambley
House Freshman Champions Bill to Bolster Cyber Security for Small Business Administration

WASHINGTON - Earlier this month, freshman Rep. Jason Crow, D-Col., had the pleasure of seeing one of his first pieces... Read More

WASHINGTON - Earlier this month, freshman Rep. Jason Crow, D-Col., had the pleasure of seeing one of his first pieces of legislation passed unanimously in the House by a voice vote. Crow’s SBA Cyber Awareness Act requires the Small Business... Read More

2019-07-24 12:52:08
by Sean Trambley
Delgado Bill Aimed at Aiding Small Businesses Passes House

Legislation intended to make it easier for small businesses to comply with federal regulations passed the House with bipartisan support... Read More

Legislation intended to make it easier for small businesses to comply with federal regulations passed the House with bipartisan support last week. Introduced by freshman Representative Antonio Delgado, D-N.Y., the bill requires the Small Business Administration to create a centralized... Read More

2019-07-23 14:00:13
by Tom Ramstack
Equifax Agrees to $700 Million Settlement After Huge Hacking Incident Hit Consumers

WASHINGTON - Credit reporting giant Equifax Inc. signed a settlement Monday in which it agreed to pay as much as... Read More

WASHINGTON - Credit reporting giant Equifax Inc. signed a settlement Monday in which it agreed to pay as much as $700 million to resolve government and consumer complaints resulting from a data breach that exposed the personal financial information of... Read More

2019-07-17 20:33:50
by Dan McCue
New Dems Urge House Leadership to Move Bipartisan Drug Pricing Bills

WASHINGTON - Members of the New Democrat Coalition's Healthcare Task Force asked the House leadership on Wednesday to hold a... Read More

WASHINGTON - Members of the New Democrat Coalition's Healthcare Task Force asked the House leadership on Wednesday to hold a floor vote on drug pricing bills with bipartisan support as early as next week. The request was made in a... Read More

2019-07-17 20:22:55
by Dan McCue
Newsroom Employment Continues to Decline, Led by Newspapers, Study Finds

WASHINGTON - Newsroom employment continues to decline across the United States, driven primarily by job losses at newspapers, a new... Read More

WASHINGTON - Newsroom employment continues to decline across the United States, driven primarily by job losses at newspapers, a new study says. For a report released Wednesday, the Pew Research Center analyzed 10 years of occupational employment data compiled by... Read More

2019-07-17 17:54:33
by Dan McCue
Foreign Purchases of U.S. Homes Drop Sharply As Chinese Bolt From Market

WASHINGTON - International investment in residential real estate in the United States plunged 36% in the past year as Chinese... Read More

WASHINGTON - International investment in residential real estate in the United States plunged 36% in the past year as Chinese buyers fled the market, the National Association of Realtors said Wednesday. The sobering analysis comes via the Realtors' annual survey... Read More

2019-07-16 21:09:44
by Sean Trambley
GOP Freshman Rep. Steil’s First Bill Passes House to Help Small Businesses Grow

New legislation passed the House last week to help small businesses gain access to capital, expand, and hire workers.  H.R.... Read More

New legislation passed the House last week to help small businesses gain access to capital, expand, and hire workers.  H.R. 3050, the Expanding Investment in Small Businesses Act of 2019, was introduced by Freshman GOP Representative Bryan Steil, R-Wis., and... Read More

2019-07-12 19:35:59
by Dan McCue
FEC Rules Campaigns Can Get Discounts on Cybersecurity

WASHINGTON - The Federal Election Commission ruled Thursday that federal candidates and political committees can accept low-cost cybersecurity services from... Read More

WASHINGTON - The Federal Election Commission ruled Thursday that federal candidates and political committees can accept low-cost cybersecurity services from a Silicon Valley security company so long as the firm continues to offer the same rates to its non-political clients.... Read More

2019-07-11 19:05:30
by Elin Johnson
New Jersey Governor Signs New Legislation and Temporarily Freezes Part of Budget

New Jersey Governor Phil Murphy signed several pieces of legislation this past week, including bills that expand patient access to... Read More

New Jersey Governor Phil Murphy signed several pieces of legislation this past week, including bills that expand patient access to medical marijuana, ensure the health benefits and compensation to 9/11 responders, and prohibit utilities from cutting the power off on... Read More

2019-07-10 19:48:58
by Dan McCue
Fourth Circuit Dismisses Emoluments Lawsuit Over Trump's D.C. Hotel

WASHINGTON - The 4th U.S. Circuit Court of Appeals handed a legal victory to President Trump Wednesday, dismissing a lawsuit... Read More

WASHINGTON - The 4th U.S. Circuit Court of Appeals handed a legal victory to President Trump Wednesday, dismissing a lawsuit claiming he's been illegally profiting from foreign and state government officials who stay at his luxury hotel on Pennsylvania Avenue.... Read More

2019-07-10 19:44:07
by Dan McCue
Cuomo Celebrates Women's World Cup Victory By Signing Equal Pay Law

New York Governor Andrew Cuomo celebrated the World Cup champion U.S. women's national soccer team Wednesday by signing legislation guaranteeing... Read More

New York Governor Andrew Cuomo celebrated the World Cup champion U.S. women's national soccer team Wednesday by signing legislation guaranteeing women equal pay for equal work in New York State moments before the star athletes were honored with a ticker-tape... Read More

2019-07-02 21:35:28
by Sean Trambley
New Senate Bill Aims To Increase Investment In Small Businesses

Last week, U.S. Senators Todd Young, R-Ind., Tammy Duckworth, D-Ill., and Jim Risch, R-Idaho, introduced the Investing in Main Street... Read More

Last week, U.S. Senators Todd Young, R-Ind., Tammy Duckworth, D-Ill., and Jim Risch, R-Idaho, introduced the Investing in Main Street Act to increase investment in small businesses by permitting banks to invest up to 15 percent of their capital in... Read More

2019-07-01 20:54:52
by Elin Johnson
NCAA Behemoth Faces Challenges: CA Proposes Athletes Get Compensated for Image

California lawmakers have advanced legislation allowing college athletes in the state to earn compensation for the use of their name,... Read More

California lawmakers have advanced legislation allowing college athletes in the state to earn compensation for the use of their name, image or likeness, despite a thinly-veiled warning from the NCAA that such a move could keep those athletes out of... Read More

2019-07-01 20:49:01
by Dan McCue
Treasury Department Aims to Make it Easier to Buy Single-Serve Wine

WASHINGTON - The Treasury Department, responding to an explosion in the sale of wine in cans and single-serve bottles, is... Read More

WASHINGTON - The Treasury Department, responding to an explosion in the sale of wine in cans and single-serve bottles, is seeking public comment of eliminating all but the minimum "stand of fill" for wine containers. In a Federal Register notice... Read More

2019-06-27 19:56:27
by Elin Johnson
San Francisco Becomes 1st Major US City to Ban E-Cigarettes

San Francisco became the first major U.S. city to ban the sale of electronic cigarettes Tuesday, a move some say... Read More

San Francisco became the first major U.S. city to ban the sale of electronic cigarettes Tuesday, a move some say will help curb underage use, but that others say will only make it harder for adults to purchase an alternative... Read More

2019-06-26 19:51:26
by Dan McCue
Tennessee Liquor Law That Barred Outsiders From Market Struck Down

WASHINGTON - The U.S. Supreme Court struck down a Tennessee law Wednesday that requires an individual to live in the... Read More

WASHINGTON - The U.S. Supreme Court struck down a Tennessee law Wednesday that requires an individual to live in the state for at least two years to be eligible for a license to sell liquor. At issue in the case... Read More

2019-06-25 21:04:05
by Dan McCue
Federal Debt on Track to Reach 'Unprecedented' Levels, CBO Says

WASHINGTON - The federal debt is on track to reach unprecedented levels in the next 30 years and will rise... Read More

WASHINGTON - The federal debt is on track to reach unprecedented levels in the next 30 years and will rise to 144 percent of the nation's gross domestic product by 2049 if current laws are maintained, the Congressional Budget Office... Read More

2019-06-24 20:59:28
by Dan McCue
Trademark Law Restricting 'Scandalous' Speech Found Unconstitutional

WASHINGTON - The U.S. Supreme Court struck down a section of the federal trademark law that prohibited businesses from registering... Read More

WASHINGTON - The U.S. Supreme Court struck down a section of the federal trademark law that prohibited businesses from registering marks that some might see as scandalous or immoral. The ruling is a victory for the fashion brand FUCT, and... Read More

2019-06-20 22:53:37
by Dan McCue
Trump, Canada's Trudeau Talk Trade and China at White House Meeting

WASHINGTON - President Donald Trump welcomed Canadian Prime Minister Justin Trudeau to the White House Thursday, to talk trade and... Read More

WASHINGTON - President Donald Trump welcomed Canadian Prime Minister Justin Trudeau to the White House Thursday, to talk trade and their respective issues with China on a day otherwise dominated by concerns over an escalation in hostilities between the U.S.... Read More

2019-06-07 21:32:15
by Dan McCue
Committee Chairs Seek Answers On Delayed Notice of Defects on Boeing 737 MAX

WASHINGTON - Representatives Peter DeFazio, D-Ore., chairman of the House Committee on Transportation and Infrastructure, and Rick Larsen, D-Wash., chairman... Read More

WASHINGTON - Representatives Peter DeFazio, D-Ore., chairman of the House Committee on Transportation and Infrastructure, and Rick Larsen, D-Wash., chairman of that body's Aviation Subcommittee, want to know when Boeing and others first learned of a serious defect in the... Read More

2019-06-07 21:12:28
by HJ Mai
Median Home Prices Continue to Surge in DC Suburbs in Wake of Amazon HQ2 News

Rising home prices in some of the country's largest urban centers have put the America Dream of owning a home... Read More

Rising home prices in some of the country's largest urban centers have put the America Dream of owning a home out of reach for many middle- to low-income families. While the nation’s capital and its surrounding suburbs are regularly ranked... Read More

2019-06-07 21:07:10
by Dan McCue
NASA Opens International Space Station to Space Tourists, New Commercial Ventures

WASHINGTON - NASA announced Friday it plans to open the International Space Station to businesses and even tourists in a... Read More

WASHINGTON - NASA announced Friday it plans to open the International Space Station to businesses and even tourists in a bid to "accelerate a thriving commercial economy in low-Earth orbit." The space agency is not selling trips to the space... Read More

2019-05-10 20:48:51
by Dan McCue
Unique Gathering at United Nations Asks, 'Are You A Responsible Leader?'

Bawa Jain sounded as if he had still not quite come back down to Earth. A week removed from co-hosting... Read More

Bawa Jain sounded as if he had still not quite come back down to Earth. A week removed from co-hosting the inaugural Responsible Leaders Summit at the United Nations in New York, the indefatigable secretary general of the World Council... Read More

2019-05-10 20:36:44
by Dan McCue
South Carolina Senate Passes Energy Freedom Act in Bipartisan Vote

The South Carolina State Senate Thursday unanimously passed The Energy Freedom Act, a comprehensive solar bill that will lift the... Read More

The South Carolina State Senate Thursday unanimously passed The Energy Freedom Act, a comprehensive solar bill that will lift the state's 2 percent cap on net metering, among other solar-related actions. The state House is expected to take up the... Read More

2019-05-07 21:19:33
by Dan McCue
In South Carolina, Governments, Employers and Schools Forge Strategy to Deal with Traffic Issues

After years of economic development success, traffic congestion has become a critical challenge for the three-county region comprising the Charleston,... Read More

After years of economic development success, traffic congestion has become a critical challenge for the three-county region comprising the Charleston, South Carolina metropolitan area. Every morning, hundreds of thousands of commuters head off to work on local roads ill-suited to... Read More

2019-05-06 18:49:52
by Dan McCue
World Markets Shaken By Renewed Trump Tariff Threats for China

Securities markets around the world swooned Monday after President Donald Trump threatened to dramatically increase tariffs on Chinese imports at... Read More

Securities markets around the world swooned Monday after President Donald Trump threatened to dramatically increase tariffs on Chinese imports at a time when many believed the 10-month old trade war between the U.S. and China was coming to an end.... Read More

2019-04-29 18:20:18
by Tom Ramstack
Ford Investigated Over Concerns About Improper Emissions Tests

Ford Motor Co. is being investigated by the Justice Department over its emissions certification process, the company said in a... Read More

Ford Motor Co. is being investigated by the Justice Department over its emissions certification process, the company said in a government securities filing Friday. Ford said in the quarterly report that the criminal investigation focuses on its “road load estimations,”... Read More

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