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From travel to IPOs, how shutdown is upsetting US economy

WASHINGTON (AP) — Delta Air Lines can't get eight new aircraft in the air. Roughly a million government employees and contractors aren't being paid. Some Americans who are trying to start small businesses face delays in obtaining... [Author: [email protected]]
Tags: Business, Washington, US, Ap, Delta Air Lines


Senators consider former lobbyist as EPA's permanent chief

WASHINGTON (AP) — Acting Environmental Protection Agency chief Andrew Wheeler's past lobbying work for coal companies and other industries regulated by the agency is expected to draw scrutiny Wednesday when a Senate committee considers... [Author: [email protected]]
Tags: Business, Washington, Senate, Ap, Epa, Andrew Wheeler, Acting Environmental Protection Agency


Focus: GM's Washington charm offensive sidelined by Wall Street's push for profit

General Motors code named its November announcement to cut nearly 15,000 jobs in North America and restructure itself "Turbo," suggesting a leaner approach for the largest U.S. automaker would "accelerate its transformation."
Tags: Money, Washington, General Motors, businessNews, Gm, North America


Ivanka Trump to work on World Bank president search

WASHINGTON (AP) — The White House says Ivanka Trump will take part in the nomination process for a new head of the World Bank.The senior adviser was asked to participate by Treasury Secretary Steven Mnuchin because she has worked... [Author: [email protected]]
Tags: Business, Washington, White House, Ap, Treasury, World Bank, Ivanka Trump, Steven Mnuchin


Trump's AG pick vows not to target marijuana businesses

WASHINGTON (AP) — President Donald Trump's pick to become the next attorney general said Tuesday that he would "not go after" marijuana companies in states where cannabis is legal, even though he personally believes the drug should... [Author: [email protected]]
Tags: Business, Washington, Ap, Donald Trump, Trump s AG


The IRS is recalling 46,000 workers to handle tax returns

WASHINGTON (AP) — The Internal Revenue Service is recalling about 46,000 of its employees furloughed by the government shutdown — nearly 60 percent of its workforce — to handle tax returns and pay out refunds. The employees won't... [Author: [email protected]]
Tags: Business, Washington, Ap, Irs, Internal Revenue Service


APNewsBreak: IRS recalling 46,000 workers to handle taxes

WASHINGTON (AP) — The Internal Revenue Service is recalling about 46,000 of its employees furloughed by the government shutdown — nearly 60 percent of its workforce — to handle tax returns and pay out refunds. The employees won't... [Author: [email protected]]
Tags: Business, Washington, Ap, Irs, Internal Revenue Service


No-cost birth control, now the norm, faces court challenges

WASHINGTON (AP) — Millions of American women are receiving birth control at no cost to them through workplace health plans, the result of the Obama-era Affordable Care Act, which expanded access to contraception.The Trump administration... [Author: [email protected]]
Tags: Business, Washington, Ap, Trump


IRS is recalling 46,000 workers _ nearly 60 percent of its workforce _ from furlough to handle tax refunds without pay

WASHINGTON (AP) — IRS is recalling 46,000 workers — nearly 60 percent of its workforce — from furlough to handle tax refunds without pay. [Author: [email protected]]
Tags: Business, Washington, Ap, Irs


Mnuchin urges senators to support easing Russia sanctions

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin (mih-NOO'-shin) is urging Republican senators to support the Trump administration's decision to ease sanctions on companies linked to Russian oligarch Oleg Deripaska.Mnuchin met... [Author: [email protected]]
Tags: Business, Washington, Russia, Ap, Treasury, Trump, Mnuchin, Steven Mnuchin, Oleg Deripaska Mnuchin


Going public? For Uber, Lyft and others, shutdown slows IPOs

WASHINGTON (AP) — The partial government shutdown is slowing plans by some companies to issue stock to the public and potentially cutting off a key source of capital for the financial markets.The shutdown, now in its fourth week,... [Author: [email protected]]
Tags: Business, Washington, Ap, Uber Lyft


Wondering What the Minimum Wage is in your State? Read This

The federal minimum wage is currently set at $7.25 per hour. However, many states and local communities have higher minimum hourly rates for workers. In fact, 22 states raised their minimum wage rules early in 2019, surpassing the 2018 total of 18. Minimum Wage 2019 To keep up with the rules in terms of your staff, here’s a rundown of where each state stands currently. Alabama Alabama doesn’t have a state minimum wage. So businesses here must pay the federal rate of $7.25 per hour. Alaska ...
Tags: New York, Minnesota, California, Washington, Employment, Sales, Indiana, Chicago, Alaska, Connecticut, New Mexico, Illinois, Columbia, Georgia Georgia, West Virginia West Virginia, Wisconsin Wisconsin


Battery Ventures promotes three to principal and one to VP

Battery Ventures has made a number of promotions. Logan Bartlett, Sanjiv Kalevar and Shiran Shalev have become principals while Justin Rosner is now a vice president. PRESS RELEASE SAN FRANCISCO & NEW YORK & BOSTON & TEL AVIV, Israel–(BUSINESS WIRE)–Battery Ventures, an investment firm focused on innovation and technology worldwide, has promoted four team members—including three to the rank of principal–across four global offices. The newly promoted team members execute deals in areas including ...
Tags: New York, Washington, Boston, Berlin, Israel, Tel Aviv, Los Angeles, San Francisco, Trends, People, Michael Brown, University Of California, Bessemer Venture Partners, Battery Ventures, Forbes, Justin


US wholesale prices fell 0.2 percent in December

WASHINGTON (AP) — U.S. wholesale prices fell last month, dragged down by a steep drop in gas costs, suggesting that inflation will remain tame in the coming months. The Labor Department said that the producer price index — which tracks cost changes before they reach the consumer — fell 0.2 percent in December from the […]
Tags: Business, News, Washington, US, Ap, Nation, Labor Department


White House names scaled-back delegation for Swiss forum

WASHINGTON (AP) — The White House has named the members of a scaled-back delegation that will represent the Trump administration next week at an annual economic conference in Switzerland.President Donald Trump had planned to attend... [Author: [email protected]]
Tags: Business, Washington, White House, Ap, Switzerland, Donald Trump, Trump


Homeownership Part of “American Dream”; Housing Costs Deterrent for Non-Owners

Washington, D.C. – January 14, 2019 (nar.realtor) Homeowners and non-homeowners both strongly consider homeownership part of the American Dream. That is according to new consumer survey data from the National Association of Realtors®, which revealed that among those polled, approximately 75 percent of non-homeowners believe homeownership is part of their American Dream, while nine in 10 current homeowners said the same. NAR’s Aspiring Home Buyers Profile analyzed 2018 quarterly consumer insight...
Tags: Real Estate, News, Homeownership, Washington, America, Radio, American Dream, Homeowners, NAR, National Association of Realtors, Yun, Real Estate News, Lawrence Yun Lawrence Yun, Housing Costs, TechnoMetrica Market Intelligence A, Aspiring Home Buyers Profile


EPA criminal action against polluters hits 30-year low

WASHINGTON (AP) — The Environmental Protection Agency hit a 30-year low in 2018 in the number of pollution cases it referred for criminal prosecution, Justice Department data show.EPA said in a statement that it is directing "its... [Author: [email protected]]
Tags: Business, Washington, Ap, Epa, Environmental Protection Agency, Justice Department


Duane Morris names co-chairs of private equity group

Duane Morris LLP has named Michael C. Hardy and Nanette C. Heide as co-chairs of the private equity division of the corporate practice group. Hardy is a partner at the law firm’s Baltimore office while Heide is a partner at the New York office. PRESS RELEASE BALTIMORE and NEW YORK, January 14, 2019—Duane Morris LLP has named partners Michael C. Hardy of the firm’s Baltimore office and Nanette C. Heide of the firm’s New York office as co-chairs of the Private Equity division of the Corporate Prac...
Tags: New York, Washington, West Virginia, Trends, People, United States, Private Equity, Baltimore, Mike, Hardy, Towson University, Vanderbilt University Law School, Duane Morris LLP, Duane Morris, Nanette, SBIC


House Dems announce sweeping investigation of drug pricing

WASHINGTON (AP) — A leading House Democrat is announcing a sweeping investigation of the pharmaceutical industry's pricing practices.Oversight and Reform Committee Chairman Elijah Cummings said Monday that he's sent letters to 12... [Author: [email protected]]
Tags: Business, Washington, Ap, House, Elijah Cummings, Oversight and Reform Committee


Supreme Court rejects appeal over military burn pits

WASHINGTON (AP) — The Supreme Court is rejecting appeals from military veterans who claim they suffer health problems because of open burn pits in Iraq and Afghanistan.The justices on Monday left in place a federal appeals court... [Author: [email protected]]
Tags: Business, Supreme Court, Washington, Iraq, Ap, Afghanistan, The Supreme Court


Carlyle Group announces promotions

Carlyle Group said Jan. 14 that it promoted 60 professionals to senior positions, including five to partner, 22 to managing director and 33 to principal and director. PRESS RELEASE Washington, DC – Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced the promotions of 60 professionals to senior positions: five to Partner, 22 to Managing Director and 33 to Principal/Director. (Principals and Directors are the same level in Carlyle parlance; Principal is the title used ...
Tags: Asia, Europe, Japan, New York, London, Washington, Americas, US, Trends, People, Beijing, Ireland, Washington Dc, Paris, Shanghai, Tokyo


Carlyle to invest in Crimson Midstream

Carlyle Group said Jan. 14 that it invested in Crimson Midstream Holdings LLC. Financial terms weren’t announced. Crimson Midstream Holdings is a provider of crude oil transportation and storage services in California, Louisiana and offshore Gulf of Mexico. PRESS RELEASE WASHINGTON, DC – Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announces it has made a strategic equity investment in Crimson Midstream Holdings, LLC (Crimson), a provider of crude oil transportation and ...
Tags: California, Washington, Trends, M&a, Cg, Gulf of Mexico, St James, Loop, Crimson, Carlyle Group, Carlyle, Carlyle Group NASDAQ, Africa Asia Australia Europe, Middle East North America, South America Carlyle, California Louisiana


How Will the Government Shutdown Affect Your Wallet?

All aboard! We’re navigating you through uncharted water. Here’s how the longest government shutdown in American history may impact your wallet and what you can do about it. Table of Contents Impact on Tax Returns Tips for Government Employees Affected Tips for Government Retirees General Tips to Budget for Emergency Scenarios Bottom Line A s of this weekend, we’ve now reached the longest government shutdown in U.S. history. The last government shutdown of this magnitude was in the m...
Tags: Personal Finance, New York, Budget, News, Congress, Washington Post, Washington, Marketing, House, Npr, Ira, Instacart, Irs, Cnbc, Opm, Yahoo Finance


Developers, not farmers, get biggest hit from wetlands rule

WASHINGTON (AP) — President Donald Trump often points to farmers as among the biggest winners from the administration's proposed rollback of federal protections for wetlands and waterways across the country.But under longstanding... [Author: [email protected]]
Tags: Business, Washington, Ap, Donald Trump


Donald Trump's trade war hits Chinese exports

China's trade growth slowed in 2018 as a tariff battle with Washington heated up and global consumer demand weakened.Exports rose 7.1 per cent, customs data showed Monday, down from the 7.9 per cent reported earlier for 2017. Import... [Author: [email protected]d.co.nz]
Tags: Business, Washington, China, Donald Trump


China's 2018 trade surplus with US hits record high $323B

BEIJING (AP) — China's politically sensitive trade surplus with the United States surged to a record $323.3 billion in 2018 as a tariff battle with Washington intensified.Chinese customs data released Monday showed December exports... [Author: [email protected]]
Tags: Business, Washington, China, US, Beijing, United States


China 2018 trade growth slowed as US trade battle heated up

BEIJING (AP) — China's trade growth slowed in 2018 as a tariff battle with Washington heated up and global consumer demand weakened.Exports rose 7.1 percent, customs data showed Monday, down from the 7.9 percent reported earlier... [Author: [email protected]]
Tags: Business, Washington, China, US, Beijing


Policy Changes the Reason for Record Small Business Optimism, NFIB Says

Small businesses have a sense of optimism which hasn’t been seen by the 45-year-old National Federation of Independent Businesses (NFIB) index. The 108.8 record high was set in August of 2018, which is part of a 24-month positive trend the likes of which the NFIB hasn’t recorded. This led the NFIB to ask what exactly is driving this optimism in a new infographic aptly titled, “Small Business Optimism Soars.” For small businesses operating in this current environment, the news is more than welco...
Tags: Congress, Washington, US, Sales, Trump, NFIB, Duggan, Small Business News, National Federation of Independent Businesses NFIB, Juanita D Duggan


Elon Musk got some time with China's premier in a sign that the heat is going out of Trump's trade war

Tesla CEO Elon Musk met Chinese Premier Li Keqiang on Wednesday. Li said he hoped Tesla could be "a promoter of the stability of Chinese-US relations" in a sign that the two countries' trade war may be thawing. Tesla kicked off the construction of its new $2 billion Gigafactory in China this week. Elon Musk is on a charm offensive in China — and his latest meeting may be a sign that trade hostilities between the US and China are thawing. After beginning construction on Tesla's new $2 billion ...
Tags: Elon Musk, Washington, White House, China, US, Trends, Tesla, Bloomberg, Beijing, Li Keqiang, Jeff Bezos, Donald Trump, Musk, Trump, Gigafactory, Tesla Gigafactory


Trade war's wounded: Companies improvise to dodge cost hikes

WASHINGTON (AP) — In Rochester, New York, a maker of furnaces for semiconductor and solar companies is moving its research and development to China to dodge President Donald Trump's import taxes — a move that threatens a handful of... [Author: [email protected]]
Tags: Business, Washington, China, Ap, Donald Trump, Rochester New York



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