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Business

2021-11-17 22:21:21
by Dan McCue
Biden Administration Suspends Enforcement of Vaccine Mandate

WASHINGTON — The Biden administration on Wednesday suspended enforcement of a vaccine mandate on private companies with 100 or more... Read More

WASHINGTON — The Biden administration on Wednesday suspended enforcement of a vaccine mandate on private companies with 100 or more employees. The decision, which was carried out through the Occupational Safety and Health Administration, comes less than a week after... Read More

2021-11-17 18:49:23
by Alexa Hornbeck
FDA Issues New Guidance For Use Of AI In Health Care

WASHINGTON — The U.S. Food and Drug Administration recently partnered with Health Canada and the UK’s Medicines and Healthcare products... Read More

WASHINGTON — The U.S. Food and Drug Administration recently partnered with Health Canada and the UK’s Medicines and Healthcare products Regulatory Agency to issue guiding principles to align efforts and standards for artificial intelligence and machine learning medical device development... Read More

2021-11-16 23:02:44
by Dan McCue
6th Circuit to Oversee Lawsuits of Employer Vaccination Mandate

WASHINGTON — The 6th U.S. Circuit Court of Appeals will preside over all litigation stemming from the Biden administration’s decision... Read More

WASHINGTON — The 6th U.S. Circuit Court of Appeals will preside over all litigation stemming from the Biden administration’s decision to require companies with at least 100 employees to mandate COVID-19 vaccinations or weekly testing, the U.S. Judicial Panel on... Read More

2021-11-15 21:56:03
by Tom Ramstack
Supreme Court to Hear Worker’s Case to Clarify Arbitration Clause Rights

WASHINGTON — The Supreme Court agreed Monday to hear a case by a fast-food worker who claims employers have no... Read More

WASHINGTON — The Supreme Court agreed Monday to hear a case by a fast-food worker who claims employers have no right to force arbitration on employees after first contesting the workers' lawsuits in pre-trial proceedings. The Taco Bell worker who... Read More

2021-11-15 21:46:25
by Victoria Turner
Future of Supply Chain, Analytics

WASHINGTON — Transparency is imperative as the world navigates a pandemic-induced supply chain disruption and works to improve its resiliency,... Read More

WASHINGTON — Transparency is imperative as the world navigates a pandemic-induced supply chain disruption and works to improve its resiliency, according to a panel of experts at Monday’s Hudson Institute event.  In the U.S. military’s “biggest modernization effort since World... Read More

2021-11-15 16:58:55
by Tom Ramstack
Trump Organization Seals a Deal to Sell Trump International Hotel

WASHINGTON — Donald Trump’s business empire reportedly plans to sell the lease to its Washington, D.C. hotel for $375 million... Read More

WASHINGTON — Donald Trump’s business empire reportedly plans to sell the lease to its Washington, D.C. hotel for $375 million to a Miami-based investment firm. In addition to ending financial problems for the hotel, the deal also is likely to... Read More

2021-11-12 20:47:41
by Victoria Turner
Feds to Launch Inter-Agency Initiative to End Workplace Retaliation

WASHINGTON — The U.S. Department of Labor will launch an inter-agency initiative on Nov. 17 to end rising workplace retaliation,... Read More

WASHINGTON — The U.S. Department of Labor will launch an inter-agency initiative on Nov. 17 to end rising workplace retaliation, according to a press release on Wednesday. Advancing the Memorandums of Understanding between the department and the National Labor Relations... Read More

2021-11-12 15:34:32
by Dan McCue
Aviation Industry, Wireless Providers Clash Over 5G Cellular Expansion

WASHINGTON — Days before President Joe Biden is set to sign the bipartisan infrastructure bill into law, a coalition of... Read More

WASHINGTON — Days before President Joe Biden is set to sign the bipartisan infrastructure bill into law, a coalition of aviation entities is seeking to put the brakes on a key element of the package —  the expansion of 5G... Read More

General Electric to Split Into Three Public Companies

General Electric, the storied American manufacturer that struggled under its own weight after growing to become a sprawling conglomerate, will... Read More

General Electric, the storied American manufacturer that struggled under its own weight after growing to become a sprawling conglomerate, will divide itself into three public companies focused on aviation, healthcare and energy. It is the culmination of an arduous, years-long... Read More

2021-11-09 00:04:02
by Tom Ramstack
Boeing Proposes Settlement to End Claims From Fatal Plane Crashes

WILMINGTON, Del. — Boeing is proposing a $237.5 million lawsuit settlement to end complaints about its troubled 737 MAX airliners... Read More

WILMINGTON, Del. — Boeing is proposing a $237.5 million lawsuit settlement to end complaints about its troubled 737 MAX airliners but the bigger question is whether the payment will allow the company to fully recover from the crashes that killed... Read More

2021-11-08 21:36:11
by Tom Ramstack
Facebook Accused of Deceit in Suit by Defunct Competitor

NEW YORK — Facebook used illegal trade practices to run former competitor and photo app Phhhoto Inc. out of business,... Read More

NEW YORK — Facebook used illegal trade practices to run former competitor and photo app Phhhoto Inc. out of business, officials from the now-defunct company said in a lawsuit filed Thursday. It represents the latest antitrust challenge to the social... Read More

Musk: I'll Sell 10% of Tesla Stock Based on Twitter Poll

SILVER SPRING, Md. (AP) — Tesla shares slumped in premarket trading on Monday after its CEO Elon Musk said he... Read More

SILVER SPRING, Md. (AP) — Tesla shares slumped in premarket trading on Monday after its CEO Elon Musk said he would sell 10% of his holdings in the electric car maker — more than $20 billion worth by most calculations... Read More

2021-11-07 14:18:15
by Dan McCue
Fifth Circuit Imposes Temporary Stay on Business Vaccine Mandate

NEW ORLEANS — The 5th U.S. Circuit Court of Appeals on Saturday temporarily blocked a mandate from the Biden administration... Read More

NEW ORLEANS — The 5th U.S. Circuit Court of Appeals on Saturday temporarily blocked a mandate from the Biden administration that businesses with more than 100 employees require them to be vaccinated against the coronavirus by early January. The White... Read More

2021-11-05 18:31:05
by Dan McCue
Air Travel Up in August, Though COVID-19 Still Proved a Drag

WASHINGTON – The number of airline flights in the U.S were up 50.4% in August compared to a year earlier,... Read More

WASHINGTON – The number of airline flights in the U.S were up 50.4% in August compared to a year earlier, but the pace of recovery of the industry continued to be impacted by the drag on travel caused by the... Read More

US Hiring Rebounded in October, With 531,000 Jobs Added

WASHINGTON (AP) — America’s employers stepped up their hiring in October, adding a solid 531,000 jobs, the most since July... Read More

WASHINGTON (AP) — America’s employers stepped up their hiring in October, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession may be overcoming a virus-induced slowdown. Friday’s report from the Labor... Read More

2021-11-04 14:15:22
by Dan McCue
Biden Administration Publishes Vaccine Mandate for Large Businesses

WASHINGTON — The Biden administration rolled out a new COVID-19 vaccine mandate Thursday morning, giving large companies until Jan. 4... Read More

WASHINGTON — The Biden administration rolled out a new COVID-19 vaccine mandate Thursday morning, giving large companies until Jan. 4 to ensure that their workforces are fully vaccinated. In a conference call with reporters Wednesday night, a senior administration official... Read More

2021-11-03 17:59:00
by Reece Nations
After Capitol Rally, Paid Leave Back in Social Spending Bill

WASHINGTON — House Speaker Nancy Pelosi announced Wednesday in a Dear Colleague letter that she is requesting paid family and... Read More

WASHINGTON — House Speaker Nancy Pelosi announced Wednesday in a Dear Colleague letter that she is requesting paid family and medical leave be added back into Democrats’ proposed Build Back Better framework. After weeks of back-and-forth priority shifting and despite... Read More

2021-11-02 20:53:53
by Dan McCue
Schumer, Pelosi, Moderates Strike Deal to Lower Prescription Drug Prices

WASHINGTON — Senate Majority Leader Chuck Schumer, D-N.Y., announced Tuesday that Democrats have reached a deal on legislation to lower... Read More

WASHINGTON — Senate Majority Leader Chuck Schumer, D-N.Y., announced Tuesday that Democrats have reached a deal on legislation to lower prescription drug prices. "It's not everything we all wanted. Many of us would have wanted to go much further, but... Read More

2021-11-02 20:19:37
by Tom Ramstack
Senate Hears how Criminals Infiltrate Online Sales with Stolen or Fake Goods

WASHINGTON — While toy makers warn Christmas shoppers to beware counterfeit or stolen toys in online purchases, a Senate panel... Read More

WASHINGTON — While toy makers warn Christmas shoppers to beware counterfeit or stolen toys in online purchases, a Senate panel on Tuesday examined options for stopping them. The Senate Judiciary Committee also heard about how knockoff online sales are moving... Read More

2021-11-01 20:06:21
by Victoria Turner
Companies Increase Tech Investments to ‘Future-Proof’ Workplace

COVID-19 accelerated the world’s digital transformation, increasing investments in workplace  technology, according to a recently released Pegasystems study on how... Read More

COVID-19 accelerated the world’s digital transformation, increasing investments in workplace  technology, according to a recently released Pegasystems study on how to “future-proof” the workplace.  IT teams have previously been the driving force behind these investments, but now the entire collaborative... Read More

2021-11-01 13:18:04
by Dan McCue
Bordeaux Leading Bipartisan Effort to Make Supply Chain More Resilient

WASHINGTON — It’s easy to dip one’s toe into the 24-hour news cycle and suppose the breakdown of the nation’s... Read More

WASHINGTON — It’s easy to dip one’s toe into the 24-hour news cycle and suppose the breakdown of the nation’s supply chain for incoming and outgoing goods is a west coast phenomena. The truth is, the backlogs have impacted ports... Read More

2021-10-29 21:04:18
by TWN Staff
Report: Pandemic Pushed Local Officials to Rewrite Rules for Home Businesses

WASHINGTON — Though it wasn’t the only factor in decision-making, the COVID-19 pandemic appears to have sped up the rate... Read More

WASHINGTON — Though it wasn’t the only factor in decision-making, the COVID-19 pandemic appears to have sped up the rate at which local officials rewrote long-standing zoning and permitting rules to allow for home businesses, a new report from the... Read More

2021-10-26 15:08:48
by Tom Ramstack
Consumer Confidence Grew in October as Concerns Over Delta Variant Eased

NEW YORK — Consumer confidence grew in October, reversing three month of declines due to concerns over the spread of... Read More

NEW YORK — Consumer confidence grew in October, reversing three month of declines due to concerns over the spread of the delta variant of the coronavirus, the Conference Board reported Tuesday. The not-for-profit, non advocacy think tank said its proprietary... Read More

Hertz Order for Teslas Ranks Among Biggest-Ever EV Purchases

DETROIT (AP) — Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases... Read More

DETROIT (AP) — Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology. The purchase by... Read More

Businesses Nervously Await Fine Print of Vax-or-Test Rule

WASHINGTON (AP) — More than six weeks after promising a new vaccination-or-testing rule covering the millions of Americans at companies... Read More

WASHINGTON (AP) — More than six weeks after promising a new vaccination-or-testing rule covering the millions of Americans at companies with 100 or more workers, President Joe Biden's most aggressive move yet to combat the COVID-19 pandemic is almost ready... Read More

2021-10-15 16:26:12
by Victoria Turner
Panelist Says Counterfeit Goods a 'Globalized Business’

WASHINGTON -- If you do a quick Google search for fake Apple Airpods, an almost endless list of options will... Read More

WASHINGTON -- If you do a quick Google search for fake Apple Airpods, an almost endless list of options will come up, said Piotr Stryszowski, senior project manager at the Organization for Economic Development and Cooperation, Thursday.  Not only does... Read More

2021-10-14 19:52:46
by Dan McCue
White House Action on Supply Chain Bottleneck Seen As First Step To Ending Crisis

WASHINGTON -- They’ve almost become as ubiquitous as scenes of weathermen and women leaning into the fierce winds of a... Read More

WASHINGTON -- They’ve almost become as ubiquitous as scenes of weathermen and women leaning into the fierce winds of a tropical storm during hurricane season. We refer, of course, to the daily television news footage of a reporter bobbing up... Read More

2021-10-14 13:40:37
by Dan McCue
Better to Go Bold Than to Go Bland

NEW YORK -- Marie de Foucaud, the brand-building expert and founder of Elovation Consulting, was on a summer road trip... Read More

NEW YORK -- Marie de Foucaud, the brand-building expert and founder of Elovation Consulting, was on a summer road trip with her kids when The Well News called to ask how her global clients strive to improve their reputations and... Read More

2021-10-13 15:44:22
by Dan McCue
White House Steps Up Fight Against Supply Chain Woes

WASHINGTON --  In an ideal economy, the nation’s supply chains work something like this: raw materials, finished products and ready-to-assemble... Read More

WASHINGTON --  In an ideal economy, the nation’s supply chains work something like this: raw materials, finished products and ready-to-assemble merchandise like cars and trucks flow into the nation’s ports. The largest of these ports, those blessed to sit on... Read More

2021-10-13 14:29:12
by Dan McCue
In a First, FDA Permits Marketing of E-Cigarette Products in the US

WASHINGTON  -- The Food and Drug Administration late Tuesday authorized the marketing of an electronic cigarette in the United States.... Read More

WASHINGTON  -- The Food and Drug Administration late Tuesday authorized the marketing of an electronic cigarette in the United States. A groundbreaking development in a long running debate over the healthfulness of such products. Specifically, the FDA granted the R.J.... Read More

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