BUSINESS/CANADA/EU/FOREIGN POLICY/NORTH KOREA/TRUMP AS PRESIDENT: “President Trump’s eager embrace of Kim Jong-un of North Korea this week, on the heels of an acrid falling-out with Prime Minister Justin Trudeau of Canada, raised an obvious, if confounding, question: Why would an American president offend allies and cozy up to adversaries? If there was an answer in […]
Category: Business
6/11/2018
BUSINESS/CHINA/TECHNOLOGY/TRUMP AS PRESIDENT: “The Senate is on the verge of directly undercutting a key piece of President Donald Trump’s trade negotiations with China, as a bipartisan group of lawmakers successfully pushed for the inclusion of a bill to undo a deal to save Chinese telecom ZTE. Lawmakers are on track to attach an amendment to […]
6/7/2018
BUSINESS/CHINA/SANCTIONS/SENATE/TRUMP AS PRESIDENT: “U.S. senators planned legislation on Thursday [6-7-18] that would roll back an agreement President Donald Trump’s administration announced to ease sanctions on Chinese telecommunications company ZTE Corp. Commerce Secretary Wilbur Ross said on Thursday the U.S. government had reached a deal with ZTE that reverses a ban on it buying parts from […]
6/4/2018
AGRICULTURE/BUSINESS/TRADE DEALS/TRUMP AS PRESIDENT: “Farmers have not been doing well for 15 years. Mexico, Canada, China and others have treated them unfairly. By the time I finish trade talks, that will change. Big trade barriers against U.S. farmers, and other businesses, will finally be broken. Massive trade deficits no longer!” -Donald Trump, Twitter.com, June 4, […]
6/1/2018
BUSINESS/RACISM/TRUMP PEOPLE: “CVS Health said Friday [6-1-18] that it would no longer donate to America First Policies, a nonprofit group that works to promote President Donald Trump’s agenda, after CNN and other outlets reported racist comments made by staffers of the organization. MapLight, a nonpartisan research group that tracks the influence of money in politics, […]
5/31/2018
BUSINESS/CANADA/COMMERCE/EU/MEXICO/TARIFFS/TRUMP AS PRESIDENT: “The Dow Jones Industrial Average slid more than 200 points Thursday [5-31-18] as investors broadly recoiled from the stock market after the Trump administration made good on its plan to impose tariffs on steel and aluminum imports. Of the 30 stocks that comprise the Dow industrials, 28 traded lower, while all major […]
5/25/2018
BUSINESS/CHINA/COMMERCE/CONGRESS/TRADE DEALS/TRUMP AS PRESIDENT: “The Trump administration has told lawmakers it has reached a deal that would keep the Chinese telecom firm ZTE alive, a person familiar with the matter said. The move could allow trade negotiations with China to move forward, but would probably provoke an intense backlash in Congress. Under the agreement brokered […]
5/25/2018
BUSINESS/CHINA/CHUCK SCHUMER/OBAMA/TRADE DEALS/TRUMP AS PRESIDENT: “Senator Schumer and Obama Administration let phone company ZTE flourish with no security checks. I closed it down then let it reopen with high level security guarantees, change of management and board, must purchase U.S. parts and pay a $1.3 Billion fine. Dems do nothing….” -Donald Trump, Twitter.com, May 25, […]
5/25/2018
BUSINESS/CHINA/COMMERCE/TRADE DEALS/TRUMP AS PRESIDENT: “As the Trump administration puts together another trade mission to China next week, it is scrambling on Capitol Hill to keep lawmakers from undermining trade talks by blocking a deal to roll back penalties on Chinese telecommunications giant ZTE Corp. President Trump has been moving closer to a deal to help […]
5/23/2018
BUSINESS/CHINA/NATIONAL SECURITY/TRADE DEALS/TRUMP AS PRESIDENT: “Lawmakers are moving to thwart Trump administration efforts to ease restrictions on Chinese telecommunications giant ZTE Corp. and other sensitive technology, citing fears the positions would compromise national security in the latest twist in trade negotiations between the world’s largest economies. The Senate Banking Committee unanimously approved legislation on Tuesday […]
5/23/2018
BUSINESS/TRUMP AS PRESIDENT: “There will be big news coming soon for our great American Autoworkers. After many decades of losing your jobs to other countries, you have waited long enough!” -Donald Trump, Twitter.com, May 23, 2018 8:18 am […]
5/22/2018
BUSINESS/EU/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump is weighing measures to cut European Union steel and aluminum exports to the U.S. by about 10%, in a sign the bloc’s concessions to secure tariff exemptions aren’t meeting White House demands, EU officials familiar with the talks said. Washington proposed two options for Brussels: a quota fixed […]
5/22/2018
BUSINESS/CHINA/CONGRESS/TRUMP AS PRESIDENT: “U.S. President Donald Trump on Tuesday [5-22-18] floated a plan to fine ZTE Corp (000063.SZ) (0763.HK) and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company. Trump’s proposal ran into immediate resistance in Congress, where Republicans and Democrats accused the president […]
5/22/2018
BUSINESS/CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “The U.S. and China have agreed on the broad outline of a deal that would save imperiled Chinese telecom giant ZTE Corp., according to people with knowledge of the matter in both countries, as the two sides move closer to resolving their trade dispute. The details are still being hammered out, […]
5/17/2018
BUSINESS/CHINA/SANCTIONS/TECHNOLOGY/TRUMP AS PRESIDENT: “The House Appropriations Committee on Thursday [5-17-18] quietly rejected the Trump administration’s efforts to help restore the U.S. operations of the controversial Chinese tech megafirm, ZTE. Lawmakers from both parties unanimously agreed to include in an appropriations bill a provision that would uphold sanctions against the Chinese phone-maker, just days after President […]
5/16/2018
BUSINESS/CHINA/COMMERCE/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump says there has been ‘no folding’ in his trade negotiations with China, as he addresses his efforts to help a Chinese telecommunications company that violated U.S. sanctions. Trump tweeted on Wednesday [5-16-18], ‘Nothing has happened with ZTE except as it pertains to the larger trade deal…’ Trump tweeted […]
5/15/2018
BUSINESS/CHINA/SANCTIONS/TRADE DEALS/TRUMP AS PRESIDENT: “White House economic adviser Larry Kudlow said on Tuesday [5-15-18] it was far from certain what steps the U.S. government would take on China’s ZTE Corp, which he characterized as an enforcement, rather than trade, issue. U.S. President Donald Trump has directed the Commerce Department to revisit penalties for telecom equipment […]
5/14/2018
BUSINESS/CHINA/TECHNOLOGY/TRADE DEALS/TRUMP AS PRESIDENT: “As the United States and China spar over trade, both sides are using a beleagured Chinese telecom company as a pawn in a geopolitical game, a strategy that could yield concessions in talks this week in Washington. Mr. Trump’s offer to throw a lifeline to the company, ZTE, found a receptive […]
5/14/2018
BUSINESS/CHINA/TRADE DEALS/TRUMP AS PRESIDENT: “ZTE, the large Chinese phone company, buys a big percentage of individual parts from U.S. companies. This is also reflective of the larger trade deal we are negotiating with China and my personal relationship with President Xi.” -Donald Trump, Twitter.com, May 14, 2018 3:06 pm […]
5/14/2018
BUSINESS/CHINA/SANCTIONS/TECHNOLOGY/TRUMP AS PRESIDENT: “The White House on Monday [5-14-18] said President Donald Trump asked his commerce secretary to look into lifting or easing sanctions against a Chinese telecommunications company as part of a ‘give and take’ with China…In a surprising overture to China, Trump tweeted Sunday [5-13-18] that he would help ZTE Corp., a major […]
5/14/2018
BUSINESS/RUSSIA/SANCTIONS/TRUMP PEOPLE: “A former senior campaign and transition aide to President Donald Trump recently inked a deal to help a Russian oligarch’s conglomerate shed sanctions the Trump administration slapped on them last month. Bryan Lanza, who is in regular contact with White House officials, is lobbying on behalf of the chairman of EN+ Group, an […]
5/13/2018
BUSINESS/LEGAL/MICHAEL COHEN/ROBERT MUELLER/TRUMP PEOPLE: “When Michael Cohen came knocking after the 2016 election, touting himself as the president’s lawyer, a man who could decipher the new administration, Ford Motor Co. said no. So did Uber Technologies Inc. He managed to notch AT&T Inc. and Novartis AG . And Squire Patton Boggs, a law and lobbying […]
5/13/2018
BUSINESS/CHINA/COMMERCE/TRUMP AS PRESIDENT: “President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast. Too many jobs in China lost. Commerce Department has been instructed to get it done!” -Donald Trump, Twitter.com, May 13, 2018 10:01 am […]
5/11/2018
BUSINESS/LEGAL/MICHAEL COHEN/TRUMP PEOPLE/WOMEN: “Randall L. Stephenson, AT&T’s chief executive, said on Friday [5-11-18] that the company had made a ‘big mistake’ by hiring President Trump’s personal lawyer, Michael D. Cohen, to advise on the telecommunications giant’s deal to buy Time Warner. ‘Our company has been in the headlines for all the wrong reasons these last […]
5/10/2018
BUSINESS/NAFTA/TRADE DEALS/TRUMP AS PRESIDENT: “President Trump frequently talks about reviving the American auto industry, but his approach to trade policy may backfire on the country’s carmakers. Mr. Trump’s efforts to renegotiate the North American Free Trade Agreement, to impose tariffs on imported aluminum and steel and to reduce America’s trade deficit with China could limit […]
5/10/2018
BUSINESS/CANADA/MEXICO/NAFTA/TRUMP AS PRESIDENT: “The U.S., Canada and Mexico are focusing on rewriting the auto rules at the center of the North American Free Trade Agreement as negotiators face hard deadlines in an election year, raising the possibility of less drastic changes to other controversial parts of Nafta, according to people following the talks. A Republican […]
5/10/2018
BUSINESS/CALIFORNIA/REGULATIONS/TRUMP AS PRESIDENT: “The leaders of the world’s biggest car companies are arriving at the White House on Friday [5-11-18], and it may be their last chance to stop the Trump administration from a head-on collision with California. The Trump administration wants to dramatically cut back on Obama-era emissions regulations, which are supported by California […]
5/10/2018
BUSINESS/LEGAL/MICHAEL COHEN/TRUMP AS PRESIDENT/WOMEN: “From its origins as a conduit to pay hush money, Essential Consultants LLC has evolved into a nexus in federal investigations buffeting the Trump administration. Michael Cohen, President Donald Trump’s personal attorney, set up the Delaware limited liability company to pay former adult-movie actress Stephanie Clifford, professionally known as Stormy Daniels. […]
5/9/2018
BUSINESS/LEGAL/ROBERT MUELLER/RUSSIA/TRUMP AS PRESIDENT: “Novartis AG was drawn into Special Counsel Robert Mueller’s probe of suspected Russian meddling in the U.S. presidential election after paying $1.2 million to a consulting firm led by Donald Trump’s lawyer. The Swiss drugmaker said Wednesday [5-9-18] that it had a one-year agreement with attorney Michael Cohen’s firm that began […]
5/2/2018
BUSINESS/LAWSUIT/TRUMP AS PRESIDENT: “President Donald Trump has again asked a U.S. court to dismiss a suit accusing him of flouting constitutional safeguards against corruption by refusing to separate himself from his business empire while in office, claiming ‘absolute immunity.’ The lawsuit, filed by the state of Maryland and the District of Columbia, accused Trump of […]
4/30/2018
BUSINESS/TRUMP AS PRESIDENT: “During Small Business Week, we celebrate the great, hard-working entrepreneurs across our country who have started and operate a small business!” -Donald Trump, Twitter.com, April 30, 2018 5:39 pm […]
4/30/2018
BUSINESS/ECONOMY/TAXES/TRUMP AS PRESIDENT: “After years of costly layoffs and plant closings, things are looking up for the heavy-machinery giant Caterpillar, which forecasts solid global sales growth and increased demand this year. Yet despite the corporate investment incentives at the center of President Trump’s tax overhaul, the company’s executives have no plans to supercharge investment or […]
4/25/2018
BUSINESS/TRADE DEALS/TRUMP AS PRESIDENT: “Looking forward to my meeting with Tim Cook of Apple. We will be talking about many things, including how the U.S. has been treated unfairly for many years, by many countries, on trade.” -Donald Trump, Twitter.com, April 25, 2018 9:11 am […]
4/22/2018
BUSINESS/TRUMP AS PRESIDENT: “One of Amazon’s antagonists seized the moment last month with an unusual newspaper advertisement addressed to President Trump. The ad, from a nonprofit that advocates less government, attacked a Defense Department technology contract that Amazon intends to bid on, calling it a lucrative handout for the company. A top think tank critic […]
4/18/2018
BUSINESS/ECONOMY/TRUMP AS PRESIDENT: “Wall Street, corporate America and the diplomatic world are settling on a strategy to deal with President Donald Trump’s rapidly shifting statements on critical issues like trade deals and Russia sanctions: Just ignore him. Trump last week shocked the world by suggesting he might rejoin the giant Trans-Pacific Partnership, an 11-nation pact […]
4/17/2018
BUSINESS/TAXES/TRUMP AS PRESIDENT: “States and Cities throughout our Country are being cheated and treated so badly by online retailers. Very unfair to traditional tax paying stores!” –Donald Trump, Twitter.com, April 17, 2018 5:59 PM […]
4/18/2018
BUSINESS/SENATE/TRUMP AS PRESIDENT/USPS: “Three nominees to the board that oversees the U.S. Postal Service pledged Wednesday [4-18-18] to take an impartial look at President Donald Trump’s claims that Amazon is ripping off the agency — but stopped short of directly contradicting him. In a hearing, Democratic Sen. Claire McCaskill asked Trump’s nominees to the USPS […]
4/18/2018
BUSINESS/TRUMP AS PRESIDENT: “RT @realDonaldTrump: States and Cities throughout our Country are being cheated and treated so badly by online retailers. Very unfair to tr…” -Donald Trump, Twitter.com, April 18, 2018 4:42 AM […]
4/6/2018
BUSINESS/JOBS/MINORITIES/TRUMP AS PRESIDENT: “‘BET founder: Trump’s economy is bringing black workers back into the labor force’” -Donald Trump, Twitter.com, April 6, 2018 3:23 pm […]
4/6/2018
BUSINESS/CHINA/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “Stocks ended the week the way they began it: tumbling as investors worry that tariffs and harsh words between the U.S. and China will touch off a trade war that derails the global economy. That came with the U.S. considering duties on an additional $100 billion in goods imported from China. […]
4/6/2018
BUSINESS/TRUMP AS PRESIDENT: “AMERICA IS OPEN FOR BUSINESS!” https://t.co/5jxdojPZmN –Donald Trump, Twitter.com, April 6, 2018 11:24 am […]
4/6/2018
BUSINESS/ECONOMY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “It might very well be that Donald Trump tweets himself into a one-term presidency. Following the President’s recent tweets about Amazon and news of a growing trade war with China, stocks slid on Tuesday [4-3-18] and Wednesday [4-4-18] morning. While the stock market rebounded on Wednesday afternoon, more rocky days are […]
4/5/2018
BUSINESS/MEDIA/TRUMP AS PRESIDENT: “The Fake News Washington Post, Amazon’s ‘chief lobbyist,’ has another (of many) phony headlines, ‘Trump Defiant As China Adds Trade Penalties.’ WRONG! Should read, ‘Trump Defiant as U.S. Adds Trade Penalties, Will End Barriers And Massive I.P. Theft.’ Typically bad reporting!” -Donald Trump, Twitter.com, April 5, 2018 8:10 am […]
4/5/2018
BUSINESS/GOVERNMENT/TRUMP AS PRESIDENT: “Amazon.com Inc. is best known for transforming the U.S. retail industry, a feat that President Donald Trump has recently attacked. But the company has quietly been cultivating a major customer in his own backyard: the federal government. In the past several years, the Seattle-based company has won much of the business to […]
4/5/2018
BUSINESS/ECONOMY/TARIFFS/TRUMP AS PRESIDENT: “U.S. aluminum prices are falling despite a tariff aimed at boosting domestic production of the metal. That’s good news for manufacturers of products such as beer cans and car hoods, which are paying 3% less for aluminum than they were before the Trump administration announced the tariff on March 1. These manufacturers […]
4/5/2018
BUSINESS/REX TILLERSON/STATE DEPARTMENT/TRUMP PEOPLE: “It was one of Secretary of State Rex Tillerson’s core goals: radically reshaping the State Department to make it leaner, cheaper and modernized to the standards of a former private-sector CEO. Now that Tillerson has been fired, the vaunted ‘Redesign’ initiative he launched faces an uncertain future, but at least one […]
4/3/2018
BUSINESS/TRUMP AS PRESIDENT/TWITTER: “Amazon, you’re not alone. President Trump once accused Verizon of making ‘a STUPID deal’ for AOL. He ridiculed Coca-Cola as ‘garbage’ — but said he would keep drinking it. He called both H&R Block and Nordstrom ‘terrible.’ He said Sony had ‘really stupid leadership’ and described executives at S&P Global, a financial […]
4/3/2018
BUSINESS/TRUMP AS PRESIDENT: “Judging from his tweets, President Donald Trump appears to have the knives out for Amazon.com Inc. But inside the White House, there are no active discussions about turning the power of the administration against the company, according to five people familiar with the matter who spoke on condition of anonymity. None of […]
4/3/2018
BUSINESS/TRUMP AS PRESIDENT: “I am right about Amazon costing the United States Post Office massive amounts of money for being their Delivery Boy. Amazon should pay these costs (plus) and not have them bourne by the American Taxpayer. Many billions of dollars. P.O. leaders don’t have a clue (or do they?)!” –Donald Trump, Twitter.com, April […]
4/3/2018
BUSINESS/CHINA/TARIFFS/TRUMP AS PRESIDENT: “The so-called ‘Trump rally’ has morphed into a presidential plunge. The total paper gain of U.S. stocks since Election Day has been sliced from $8.7 trillion at the market’s Jan. 26 all-time high to $5.7 trillion after Tuesday’s rebound on Wall Street, according to Wilshire Associates. In a span of nine weeks, […]
4/2/2018
BUSINESS/TAXES/TRUMP AS PRESIDENT: “President Donald Trump’s presidential campaign spent more than $150,000 on purchases from Amazon, the company now facing his ire amid claims it doesn’t pay its fair share of shipping costs and taxes. A report by CBS News digging into Federal Election Commission records found that in 2015 and 2016 the campaign spent […]
3/31/2018
BUSINESS/MEDIA/TRUMP AS PRESIDENT: “…does not include the Fake Washington Post, which is used as a ‘lobbyist’ and should so REGISTER. If the P.O. ‘increased its parcel rates, Amazon’s shipping costs would rise by $2.6 Billion.’ This Post Office scam must stop. Amazon must pay real costs (and taxes) now!” -Donald Trump, Twitter.com, Mar. 31, 2018, […]
3/31/2018
BUSINESS/TRUMP AS PRESIDENT: “While we are on the subject, it is reported that the U.S. Post Office will lose $1.50 on average for each package it delivers for Amazon. That amounts to Billions of Dollars. The Failing N.Y. Times reports that “the size of the company’s lobbying staff has ballooned,” and that…” -Donald Trump, Twitter.com, […]
3/30/2018
2016 ELECTION/BUSINESS/ECONOMY/TRUMP AS PRESIDENT: “Two days after Donald J. Trump won the 2016 election, executives at Google consoled their employees in an all-staff meeting broadcast around the world…Sixteen months later, Google’s parent company, Alphabet, has most likely saved billions of dollars in taxes on its overseas cash under a new tax law signed by Mr. […]
3/30/2018
BUSINESS/IMMIGRATION/SENATE/TRUMP AS PRESIDENT: “Demand for low-skilled worker visas for the summer season starting Sunday [4-1-18] is again far outstripping supply, with the Trump administration forced to choose between helping businesses seeking more visas or trying to save those jobs for American workers. Some lawmakers tried and failed this month to secure an increase in the […]
3/29/2018
2016 ELECTION/BUSINESS/TRUMP AS PRESIDENT/TRUMP PEOPLE: “In July, David J. Pecker, the chairman of the company that owns The National Enquirer, visited his old friend President Trump at the White House. The tabloid publisher took along a special guest, Kacy Grine, a French businessman who advises one of Saudi Arabia’s richest men and sometimes acts as […]
3/28/2018
BUSINESS/TRUMP AS PRESIDENT: “The White House rebuffed a report that President Trump planned to “go after” Amazon, a perceived threat that had shaved billions of dollars off the retail giant’s market value. Asked about the report, White House spokeswoman Sarah Sanders said there were no announcement or specific policies or actions the White House was […]
3/26/2018
BUSINESS/ECONOMY/TRUMP AS PRESIDENT: “The economy is looking really good. It has been many years that we have seen these kind of numbers. The underlying strength of companies has perhaps never been better.” –Donald Trump, Twitter.com, Mar. 26, 2018 6:05am […]
3/21/2018
BUSINESS/CONFLICT OF INTEREST/ETHICS/TRUMP FAMILY/JARED KUSHNER: “Citigroup Inc. said in a letter sent Tuesday [3-20-18] to lawmakers that a loan made to Kushner Cos. shortly after the bank’s chief executive met with Jared Kushner last year was ‘completely appropriate.’ On March 3, 2017, Citi CEO Michael Corbat met with Mr. Kushner, President Donald Trump’s son-in-law and […]
3/14/2018
BUSINESS/TRUMP AS PRESIDENT: “Perhaps at no time in history have the business fundamentals of U.S. companies been better than they are today!” –Donald Trump, Twitter.com, Mar. 14, 2018 08:12am […]
3/5/2018
BUSINESS/FBI/INTELLIGENCE/TRUMP BUSINESS/TRUMP FAMILY/IVANKA: “US counterintelligence officials are scrutinizing one of Ivanka Trump’s international business deals, according to two sources familiar with the matter. The FBI has been looking into the negotiations and financing surrounding Trump International Hotel and Tower in Vancouver, according to a US official and a former US official. The scrutiny could be […]
3/4/2018
BUSINESS/ECONOMY/TRADE DEALS/TRUMP AS PRESIDENT: “Manufacturing executives who use the metals to make beer cans, cars, refrigerators and other goods warn of price surges, shortages and retaliatory trade barriers on U.S. exports if the administration follows through on the plan, announced Thursday [3-1-18], to impose 25% tariffs on imported steel and 10% duties on aluminum imports. They also […]
3/3/2018
BUSINESS/ECONOMY/NATIONAL SECURITY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT/WTO: “President Donald Trump upped the ante in a brewing trade conflict stirred up by his announcement of steel and aluminum tariffs, saying the U.S. would impose tariffs on European car exports if the bloc follows through with retaliation against his metals duties. … The exchange began Thursday after Mr. Trump […]
3/3/2018
BUSINESS/ECONOMY/NATIONAL SECURITY/TARIFFS/TRADE DEALS/TRUMP AS PRESIDENT: “President Donald Trump’s proposed tariffs on steel and aluminum imports have many economists and lawmakers worried about a coming trade war. But workers and others in this community, where steel has been made for well over a century, see a chance for more jobs and bigger paychecks. … ‘Overall it’s […]
3/2/2018
BUSINESS/GOP/TAXES/TRUMP AS PRESIDENT: “Since he became president, Donald Trump’s threats to sanction global trading partners sent tremors through business-oriented congressional Republicans worried about how potential retaliation from abroad could reverberate through the businesses and farms in their districts. On Thursday, the rattle turned into an earthquake. The president’s announcement of plans to put barriers on […]
3/1/2018
BUSINESS/CONFLICT OF INTERESTS/ETHICS/TRUMP FAMILY/JARED KUSHNER: “White House senior adviser Jared Kushner’s family real estate group obtained business loans after Kushner met with the company heads in his official government capacity, The New York Times reported Wednesday [2-28-18]. According to the Times, Kushner met with Joshua Harris, one of the founders of Apollo Global Management, on […]
3/1/2018
2A/BUSINESS/GUNS: “Kroger Co. said it would stop selling guns to buyers under 21 years old through its Fred Meyer locations, the third major retailer to tighten its policies while lawmakers continue to debate how to respond to the latest school shooting in America. The U.S.’s largest supermarket chain said it would raise the minimum age […]
2/28/2018
2A/BUSINESS/GUNS: “Two of the nation’s leading gun sellers, Walmart and Dick’s Sporting Goods, took steps on Wednesday [2-28-18] to limit their sales of firearms, thrusting themselves into the middle of the polarizing national debate over gun control. Walmart, the biggest gun seller, announced late in the afternoon that it would not sell any gun to […]
2/28/2018
2A/BUSINESS/GUNS/NRA: “Dick’s Sporting Goods Inc. said it would stop selling assault-style rifles at all of its stores and would no longer sell guns to those under 21 years of age, in the latest corporate response after a gunman killed 17 people at a Parkland, Fla., high school two weeks ago. The Pittsburgh-based company, which operates […]
2/26/2018
BUSINESS/GUNS/NRA/TAXES: “The lieutenant governor in Georgia threatened on Monday [2-26-18] to kill a proposed lucrative tax cut for Delta Air Lines after the company eliminated a discount fare program for the National Rifle Association over the weekend. The move by Lt. Gov. Casey Cagle, who presides over the State Senate, immediately put the legislation in […]
2/26/2018
BUSINESS/SUPREME COURT: “Technology companies will square off with law enforcement on Tuesday [2-27-18] as the Supreme Court hears arguments on whether emails and other customer data stored overseas are subject to U.S. search warrants. The case is one of several legal battles on law-enforcement access to private online data, and it requires the justices to […]
2/23/2018
BUSINESS/GUNS/NRA: “Some of the biggest names in corporate America are coming under mounting pressure on Friday [2-23-18] to cut ties with the National Rifle Association as gun safety activists intensified calls for a boycott in the wake of last week’s Florida high school massacre. The social media-fueled campaign has already led a range of corporations, […]
2/22/2018
BUSINESS/GUNS: “The world’s largest asset manager put U.S. gunmakers on notice on Thursday [2-22-18] that it is no longer business as usual in the wake of a shooting that killed 17 at a Florida high school. BlackRock Inc said it will speak with weapons manufacturers and distributors ‘to understand their response’ to the second-deadliest shooting […]
2/5/2018
BUSINESS/TAXES/TRUMP AS PRESIDENT: “Thanks to the historic TAX CUTS that I signed into law, your paychecks are going way UP, your taxes are going way DOWN, and America is once again OPEN FOR BUSINESS! https://t.co/GISFbDDGXX” -Donald Trump, Twitter.com, Feb. 5, 2018 03:42pm […]
2/5/2018
BUSINESS/TAXES: “The U.S. tax overhaul may bring trillions of dollars in accumulated profits back home from overseas financial centers, but will likely deliver a smaller boost to U.S. investment by foreign businesses, according to an analysis by the United Nations. The overhaul included a cut in the rate at which company profits are taxed, a […]
1/30/2018
BUSINESS/ECONOMY/HEALTHCARE: “Three corporate behemoths are promising to shake up the health care industry — a notoriously inefficient sector that represents nearly a fifth of the U.S. economy. Though the surprise Tuesday [1-30-18] morning announcement from Amazon, JPMorgan Chase and Berkshire Hathaway was grand in ambition, it was scarce in details, leaving plenty of questions about […]
1/29/2018
BUSINESS/CHINA/FOREIGN POLICY: “Lawmakers are moving to crack down on the flow of U.S. technology to foreign investors, creating potential problems for a number of American companies that have bet big on partnering with China. The Senate and House, with the backing of the White House, are working on bipartisan legislation to broaden the authority of […]
1/28/2018
BUSINESS/ECONOMY: “Our economy is better than it has been in many decades. Businesses are coming back to America like never before. Chrysler, as an example, is leaving Mexico and coming back to the USA. Unemployment is nearing record lows. We are on the right track!” -Donald Trump, Twitter.com, Jan. 28, 2018 08:18am […]
1/22/2018
BUSINESS/COMMERCE/LOBBYING/TAXES/TRUMP AS PRESIDENT: “Lobbying by U.S. business groups including the U.S. Chamber of Commerce and the Business Roundtable surged in the last three months of 2017 as lawmakers negotiated and finalized legislation that deeply cut the taxes companies pay. The amount spent on lobbying by the Business Roundtable, a group of chief executive officers at […]
1/19/2018
BANKING/BUSINESS/TAXES/TRUMP AS PRESIDENT: “The new U.S. tax law has eroded the value of an incentive that developers have long used to help finance renovations of historic buildings around the country, raising worries about the prospects for future projects. The law, signed by President Donald Trump last month, changed the federal historic tax credit, which provides […]
1/17/2018
BUSINESS/DONALDISM/JOBS/TRUMP AS PRESIDENT: “During the campaign, I promised to MAKE AMERICA GREAT AGAIN by bringing businesses and jobs back to our country. I am very proud to see companies like Chrysler moving operations from Mexico to Michigan where there are so many great American workers! https://t.co/hz2q9UTfnF” -Donald Trump, Twitter.com, Jan. 17, 2018 06:32pm […]
1/17/2018
BUSINESS/TAXES: “I promised that my policies would allow companies like Apple to bring massive amounts of money back to the United States. Great to see Apple follow through as a result of TAX CUTS. Huge win for American workers and the USA! https://t.co/OwXVUyLOb1” -Donald Trump, Twitter.com, Jan. 17, 2018 06:28pm […]
1/16/2018
BUSINESS/ECONOMY/TRUMP AS PRESIDENT/TAXES: “The tax overhaul that President Donald Trump signed into law last month capped a year in which his initiatives on taxes, regulation—and many of his public pronouncements on the economy—have been broadly welcomed by business… In pure policy terms, however, business groups and executives say the $1.5 trillion of corporate-focused tax changes […]
1/15/2018
BUSINESS/OIL: “Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day – toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago… The U.S. government forecasts that the nation’s production will climb to 11 million barrels a day by […]
1/11/2018
BUSINESS/TRUMP AS PRESIDENT: “Small Business Poll has highest approval numbers in the polls history. All business is just at the beginning of something really special!” -Donald Trump, Twitter.com, Jan. 11, 2018 09:47pm […]
1/8/2018
BUSINESS/JOBS/TAXES/TRUMP AS PRESIDENT: “In Indiana, Missouri and Pennsylvania, President Trump used the same promise to sell the tax bill: It would bring jobs streaming back to struggling cities and towns. The bill that Mr. Trump signed, however, could actually make it attractive for companies to put more assembly lines on foreign soil. Under the new […]
1/4/2018
BUSINESS/LEGAL/TRUMP AS PRESIDENT: “Publisher Henry Holt & Co. said it is moving up its release of a new book about President Donald Trump’s administration to Friday [1-5-18], amid a backlash from the White House and surging interest in the title. The book, ‘Fire and Fury: Inside the Trump White House’ by Michael Wolff, was originally […]
1/4/2018
BUSINESS/HEALTHCARE/OBAMACARE(ACA)/PRE-EXISTING CONDITIONS/TRUMP AS PRESIDENT: “The Trump administration is proposing changes that would let millions of small businesses and the self-employed buy health-insurance plans that don’t comply with all Affordable Care Act requirements, part of an aggressive move to undo the health law through regulatory action. The proposal would allow businesses that share geography or an […]
1/3/2018
BUSINESS/TAXES: ” ‘Some 40 U.S. companies have responded to President Trump’s tax cut and reform victory in Congress last year by handing out bonuses up to $2,000, increases in 401k matches and spending on charity, a much higher number than previously known.’ https://t.co/bmWrwWzxMR” -Donald Trump, Twitter.com, Jan. 3, 2018 09:07pm […]
1/2/2018
BUSINESS/TAXES: “Companies are giving big bonuses to their workers because of the Tax Cut Bill. Really great!” -Donald Trump, Twitter.com, Jan. 2, 2018 08:49am […]
1/1/2018
BUSINESS/ECONOMY/TRUMP AS PRESIDENT: “A wave of optimism has swept over American business leaders, and it is beginning to translate into the sort of investment in new plants, equipment and factory upgrades that bolsters economic growth, spurs job creation — and may finally raise wages significantly. While business leaders are eager for the tax cuts that […]
12/20/2017
BUSINESS/GOP/TAXES/TRUMP AS PRESIDENT/TRUMP BUSINESS: “Wealthy business owners, such as President Donald Trump, stand to gain from a provision in the Republican tax bill that creates a valuable deduction for owners of pass-through businesses, Democrats and some tax experts say. The provision creates a 20-percent business income deduction, with some limits, for sole proprietors and owners […]
12/14/2017
BUSINESS/TRUMP AS PRESIDENT: “In 1960, there were approximately 20,000 pages in the Code of Federal Regulations. Today there are over 185,000 pages, as seen in the Roosevelt Room. Today, we CUT THE RED TAPE! It is time to SET FREE OUR DREAMS and MAKE AMERICA GREAT AGAIN! https://t.co/teAVNzjvcx” -Donald Trump, Twitter.com, Dec. 14, 2017 03:35pm […]
12/14/2017
BUSINESS/TRUMP AS PRESIDENT: “Today, we gathered in the Roosevelt Room for one single reason: to CUT THE RED TAPE! For many decades, an ever-growing maze of regs, rules, and restrictions has cost our country trillions of dollars, millions of jobs, countless American factories, & devastated entire industries. https://t.co/ostXOVnckf” -Donald Trump, Twitter.com, Dec. 14, 2017 03:13pm […]
12/8/2017
BUSINESS/TRUMP MEMORANDA: “Presidential Memorandum for the Chief Counsel for Advocacy of the Small Business Administration SUBJECT: Delaying Submission of the Small Business Administration Report under the Trade Facilitation And Trade Enforcement Act of 2015 The Trade Facilitation and Trade Enforcement Act of 2015 (TFTEA) (Public Law 114-125) requires you to submit to the Congress a […]
12/7/2017
BUSINESS/GOP/LOBBYING/TAXES: “Lobbyists have launched an all-out effort to save tax breaks and protect powerful industries as the Republicans’ tax overhaul lurches toward President Donald Trump’s desk. Builders and real estate interests are pushing to save the mortgage interest deduction. Businesses are fighting to strip out a last-minute provision inserted into the Senate bill that would […]
12/4/2017
BUSINESS/POLITICS FIGURES: “The Alabama business community is on the sidelines of the state’s high-stakes Senate special election, with some leaders refusing to back Republican nominee Roy Moore because of concerns that the controversies dogging his candidacy could be bad for the local economy. After seeing its favored candidate, incumbent Republican Sen. Luther Strange, lose in […]
12/4/2017
BUSINESS/GOP/TAXES: “Senate Republicans, in their push to pass a sweeping tax bill, undermined a research-and-development tax credit many companies use to encourage innovation, and business interests are in revolt. Late Friday [12-1-17], just hours before the Senate voted for the bill, Republicans decided to preserve the corporate alternative minimum tax instead of repealing it as […]
11/27/2017
BUSINESS/CONSUMER PROTECTION/TRUMP AS PRESIDENT: “A decade after the financial crisis, the federal government is easing up its policing of Wall Street and the banking industry, even without actually repealing broad swaths of regulation. The public battle over who will serve as the acting director of the Consumer Financial Protection Bureau — with the White House […]
11/20/2017
BUSINESS/JUSTICE DEPARTMENT/LEGAL: “The Justice Department sued to block AT&T Inc. from taking over Time Warner Inc. on Monday [11-20-17], a sweeping challenge to a deal it says would give one company too much control in a rapidly evolving media landscape. AT&T Chief Executive Randall Stephenson said the suit ‘defies logic’ and that the company would […]