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‘He Has The Political Mandate’: Companies Scramble To Respond To Trump’s ‘Beautiful’ Tariff Hikes
Companies are scrambling to respond to President-elect Donald Trump’s “beautiful” tariff proposals that his administration may seek to enact early in his second term. Proactive steps that companies are taking to evade…
Norway oil companies to boost investments, survey shows
OSLO (Reuters) – Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven mainly by rising activity as well as cost inflation from a weaker…
‘Lack Of Action’: Bipartisan Group Of Lawmakers Demand Biden Admin Answer For Iranian ‘Intimidation’ Of US Companies
‘Lack Of Action’: Bipartisan Group Of Lawmakers Demand Biden Admin Answer For Iranian ‘Intimidation’ Of US Companies Jake Smith on August 16, 2023 Republican and Democratic lawmakers pulled together to call on…
‘Pushing It Down Our Throats’: Red State Locals Bristle At Incentives For Foreign Companies In Biden’s Signature Bill
‘Pushing It Down Our Throats’: Red State Locals Bristle At Incentives For Foreign Companies In Biden’s Signature Bill Nick Pope on August 14, 2023 Some red state residents around the country are…
Asian companies earnings estimates get boost from consumption hopes
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) – Analysts are raising earnings estimates for Asian companies for the first time in four months as easing price pressures boost consumption while receding fears…
‘Force Multiplier’: Intel Agencies Want To Enlist Private Companies, Nonprofits ‘In Defense’ Of US Interests
‘Force Multiplier’: Intel Agencies Want To Enlist Private Companies, Nonprofits ‘In Defense’ Of US Interests Micaela Burrow on August 10, 2023 The intelligence community wants to deepen cooperation with private companies and…
Analysis-Bulging warehouses mean lean times for longer for US, European companies
By Siddharth Cavale and Josephine Mason NEW YORK/LONDON (Reuters) – Lean times faced by many U.S. and European companies may last longer than expected as they try to sell off their bulging…
Utility Companies Warn Biden His Emissions Plan Is Not ‘Legally Or Technically Sound’
Utility Companies Warn Biden His Emissions Plan Is Not ‘Legally Or Technically Sound’ Nick Pope on August 9, 2023 The Edison Electric institute (EEI), a leading trade group for utility companies, filed…
Dozens Of House Dems Call On SEC To Force Companies To Disclose ‘Climate-Related Risks’
Dozens Of House Dems Call On SEC To Force Companies To Disclose ‘Climate-Related Risks’ Nick Pope on August 8, 2023 Eighty House Democrats signed a Monday letter addressed to Securities and Exchange…
CEO pay averaged $16.7 million last year at S&P 500 companies, a decline
By Ross Kerber (Reuters) – S&P 500 chief executives made $16.7 million on average in 2022, 272 times the pay of their median workers, a new study showed on Thursday, a decline…
Apple, Microsoft remain world’s top 2 companies by market cap
(Reuters) – Tech giants Apple and Microsoft remained the top two global companies by market capitalisation at the end of July after riding this year’s rally in technology shares. Apple last month…
Highly Scored Green Companies Pollute Just As Much As Those With Lower Ratings: REPORT
Highly Scored Green Companies Pollute Just As Much As Those With Lower Ratings: REPORT Brandon Poulter on July 31, 2023 Companies that earn high Environmental, Social and Governance (ESG) scores pollute just…
Senate Dems Write Letter Calling On DOJ To Unite With FTC Against Fossil Fuel Companies
Senate Dems Write Letter Calling On DOJ To Unite With FTC Against Fossil Fuel Companies Brandon Poulter on July 31, 2023 Democratic senators are calling on Attorney General Merrick General to bring…
US card companies’ wager on China travel boost hit by economic gloom
By Manya Saini and Niket Nishant (Reuters) – Visa and Mastercard, which bet on China to boost travel spending, have had to contend with a disappointing first half of the year as…
Factbox-Moscow takes control over assets of Western companies
(Reuters) – President Vladimir Putin has signed decrees to take temporary control of assets belonging to some Western companies in Russia, in retaliation against foreign moves against Russian companies abroad, and warned…
US commerce chief says China export controls will hit companies’ revenue
By David Shepardson WASHINGTON (Reuters) – Commerce Secretary Gina Raimondo said on Wednesday the Biden administration is seeking to carefully target U.S. controls on exports to China, but rules will cost firms…
Biden Admin To Start Slapping Fines On Companies Buying The Wrong Type Of Light Bulb
Biden Admin To Start Slapping Fines On Companies Buying The Wrong Type Of Light Bulb Nick Pope on July 26, 2023 The Department of Energy (DOE) is prepared to start imposing fines…
Companies Are Abandoning Massive Offshore Wind Projects As Prices Skyrocket
Companies Are Abandoning Massive Offshore Wind Projects As Prices Skyrocket Nick Pope on July 24, 2023 Billions of dollars in scheduled offshore wind developments in waters of the U.K. and U.S. have…
Censorship Case Involving State Collusion With Social Media Companies Could Be Heard By The Supreme Court
Censorship Case Involving State Collusion With Social Media Companies Could Be Heard By The Supreme Court Katelynn Richardson on July 22, 2023 The Supreme Court could agree to take up a case,…
Companies Are Throwing Thousands Of Diversity Officers Overboard: REPORT
Companies Are Throwing Thousands Of Diversity Officers Overboard: REPORT Will Kessler on July 21, 2023 Top companies are laying off thousands of diversity-focused workers, according to The Wall Street Journal. Major companies…
Foreign Companies Are Raking In Billions In Subsidies From Biden’s Signature Climate Law
Foreign Companies Are Raking In Billions In Subsidies From Biden’s Signature Climate Law Nick Pope on July 20, 2023 Foreign companies have been the biggest winners of President Joe Biden’s 2022 signature…
US companies’ diversity efforts are legal, Democratic officials say
By Daniel Wiessner (Reuters) – A group of Democratic U.S. state attorneys general on Wednesday pushed back against claims by some of their Republican counterparts that many corporate workforce diversity programs amount…
Japan companies less confident about business conditions – Reuters Tankan
By Tetsushi Kajimoto TOKYO (Reuters) – Confidence at big Japanese manufacturers fell in July for the first time in six months, the Reuters Tankan survey showed on Wednesday, in a sign of…
Companies Quietly Scrub Green Policies From Their Websites As GOP Scrutiny Mounts
Companies Quietly Scrub Green Policies From Their Websites As GOP Scrutiny Mounts Nick Pope on July 13, 2023 Corporations have quietly removed references to their green energy commitments from their websites as…
Big companies toughen banking partner screening after crisis – survey
By Laura Matthews NEW YORK (Reuters) – Large companies are spreading out their counterparty risk and increasing screening of their banking partners in response to the recent banking crisis that has been…
Companies Must Allow Men To Use Women’s Restrooms At Work, Japanese High Court Rules
Companies Must Allow Men To Use Women’s Restrooms At Work, Japanese High Court Rules Ireland Walker on July 11, 2023 The Japanese Supreme Court ruled Tuesday that it is illegal for companies…
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