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Showing posts from September, 2021

AT&T to require vaccines for 90,000 of its union workers

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AT&T to require vaccines for 90,000 of its union workers AT&T has become one of the largest employers in the U.S. to mandate vaccines for a significant number of frontline workers.

Amazon settles with employees allegedly fired for criticizing working conditions

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Amazon settles with employees allegedly fired for criticizing working conditions Amazon.com Inc and the U.S. National Labor Relations Board (NLRB) said on Wednesday the company had reached a settlement with two former employees who alleged they were fired last year after they criticized the working conditions at the e-commerce giant's warehouses.

Appeals are mounting in Purdue Pharma bankruptcy settlement

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Appeals are mounting in Purdue Pharma bankruptcy settlement Objections to a historic settlement with Purdue Pharma are mounting in the form of appeals, with Rhode Island's attorney general saying Wednesday the plan doesn't hold the OxyContin maker or its owners accountable for its role in sparking the opioid crisis.

GM CEO Mary Barra first woman to lead Business Roundtable

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GM CEO Mary Barra first woman to lead Business Roundtable Business Roundtable has elected GM CEO Mary Barra as its incoming chair, making her the first woman to lead the association

Virgin Galactic says FAA has cleared it for further flights

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https://ift.tt/39UMBn6 Virgin Galactic said Wednesday that the Federal Aviation Administration has cleared it to resume launches after an investigation into why its spaceship veered off course while descending during a July flight with founder Richard Branson aboard.

Virgin Galactic says FAA has cleared it for further flights

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Virgin Galactic says FAA has cleared it for further flights Virgin Galactic said Wednesday that the Federal Aviation Administration has cleared it to resume launches after an investigation into why its spaceship veered off course while descending during a July flight with founder Richard Branson aboard.

SEC charges ex-Goldman compliance analyst with insider trading

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SEC charges ex-Goldman compliance analyst with insider trading A U.S. regulator on Wednesday charged a former Goldman Sachs Group Inc senior compliance analyst with insider trading, saying he made illegal trades involving banking clients while working in Warsaw, Poland.

Manchin stares down Biden, Democratic leaders, declaring he cannot support 'trillions in spending'

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Manchin stares down Biden, Democratic leaders, declaring he cannot support 'trillions in spending' Sen. Joe Manchin, D-W.Va., said Wednesday that he would not support “spending trillions more” on social programs, highlighting an ongoing dispute between the moderate Democrat and party leaders that threatens to derail negotiations on President Biden’s $3.5 trillion spending bill.

Elon Musk accuses Biden of being ‘biased’ against Tesla after White House snub: He’s ‘controlled by unions’

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Elon Musk accuses Biden of being ‘biased’ against Tesla after White House snub: He’s ‘controlled by unions’ Tesla CEO Elon Musk says the Biden administration appears to be "biased' against the electric vehicle maker, and "seems to be controlled by unions."

US, EU deepen alliance to boost 'underpin' of global economies: semiconductors

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US, EU deepen alliance to boost 'underpin' of global economies: semiconductors The U.S. and European Union pledged Wednesday to deepen its alliance for the sake of advancing common priorities like artificial intelligence, trade challenges and the “underpin” to global economies: semiconductors.

Schumer: Raising debt ceiling through majority vote under reconciliation would be 'risky'

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Schumer: Raising debt ceiling through majority vote under reconciliation would be 'risky' Senate Majority Leader Chuck Schumer, D-N.Y., reiterated Wednesday that Democrats would not raise the debt ceiling through the budget reconciliation process despite ongoing resistance from Republican lawmakers ahead of a crucial deadline.

SEC charges ex-Goldman compliance analyst with insider trading

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https://ift.tt/3CSFat6 A U.S. regulator on Wednesday charged a former Goldman Sachs Group Inc senior compliance analyst with insider trading, saying he made illegal trades involving banking clients while working in Warsaw, Poland.

Lt. General Keith Kellogg: Milley remained consistent with recommending 2,500 troops stay in Afghanistan

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Lt. General Keith Kellogg: Milley remained consistent with recommending 2,500 troops stay in Afghanistan Former VP Pence National Security Adviser Lt. General Keith Kellogg joined “Cavuto: Coast to Coast” Wednesday, asserting Gen. Mark Milley remained consistent with recommending that 2,500 U.S. troops remain in Afghanistan.

Manchin stares down Biden, Democratic leaders, declaring he cannot support 'trillions in spending'

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https://ift.tt/2XZeZSG Sen. Joe Manchin, D-W.Va., said Wednesday that he would not support “spending trillions more” on social programs, highlighting an ongoing dispute between the moderate Democrat and party leaders that threatens to derail negotiations on President Biden’s $3.5 trillion spending bill.

Elon Musk accuses Biden of being ‘biased’ against Tesla after White House snub: He’s ‘controlled by unions’

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https://ift.tt/2Yb42Oe Tesla CEO Elon Musk says the Biden administration appears to be "biased' against the electric vehicle maker, and "seems to be controlled by unions."

US, EU deepen alliance to boost 'underpin' of global economies: semiconductors

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https://ift.tt/2ZxwvxV The U.S. and European Union pledged Wednesday to deepen its alliance for the sake of advancing common priorities like artificial intelligence, trade challenges and the “underpin” to global economies: semiconductors.

Schumer: Raising debt ceiling through majority vote under reconciliation would be 'risky'

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https://ift.tt/2WrOCEs Senate Majority Leader Chuck Schumer, D-N.Y., reiterated Wednesday that Democrats would not raise the debt ceiling through the budget reconciliation process despite ongoing resistance from Republican lawmakers ahead of a crucial deadline.

Lt. General Keith Kellogg: Milley remained consistent with recommending 2,500 troops stay in Afghanistan

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https://ift.tt/3okjW3C Former VP Pence National Security Adviser Lt. General Keith Kellogg joined “Cavuto: Coast to Coast” Wednesday, asserting Gen. Mark Milley remained consistent with recommending that 2,500 U.S. troops remain in Afghanistan.

UK fuel shortage: Soldiers to start driving tankers in coming days

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UK fuel shortage: Soldiers to start driving tankers in coming days The British government's reserve tanker fleet was deployed Wednesday to help deliver gasoline to empty pumps across the U.K.

Dollar Tree to sell items priced above $1 amid rising shipping costs, inflation

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Dollar Tree to sell items priced above $1 amid rising shipping costs, inflation Dollar Tree shares have jumped more than 16% Wednesday as the discount retailer plans to sell some products at new price points above $1 at all Dollar Tree Plus stores and test additional price points at more than 100 select legacy locations.

UK fuel shortage: Soldiers to start driving tankers in coming days

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https://ift.tt/3AT9ymx The British government's reserve tanker fleet was deployed Wednesday to help deliver gasoline to empty pumps across the U.K.

Dollar Tree to sell items priced above $1 amid rising shipping costs, inflation

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https://ift.tt/3iipCXW Dollar Tree shares have jumped more than 16% Wednesday as the discount retailer plans to sell some products at new price points above $1 at all Dollar Tree Plus stores and test additional price points at more than 100 select legacy locations.

Warby Parker surges 35% in opening New York Stock Exchange trade

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https://ift.tt/3ijhFBQ Warby Parker Inc. shares soared 35% in their opening trade on the New York Stock Exchange.

Dems' $3.5T reconciliation bill 'a gift' to blue cities, Rep. Buck says

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https://ift.tt/3zKn1fn The Colorado Republican told FOX Business that the idea that Congress cannot "find places to cut the budget is absurd" and warned that the "burden" the national legislature would be "placing on future generations with the debt we’re creating now is enormous."

Sanders: No bipartisan infrastructure deal unless $3.5T spending bill passes first

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https://ift.tt/3ET1uVo Sen. Bernie Sanders, I-Vt., urged House Democrats reject a $1 trillion bipartisan infrastructure package later this week unless the Senate first passes the $3.5 trillion spending bill favored by progressive lawmakers.

Sen. Lummis slams Yellen over $600 IRS reporting requirement

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https://ift.tt/3AVlUe4 Sen. Cynthia Lummis took Treasury Secretary Janet Yellen to task on Tuesday of the Biden administration's proposal that every bank transaction of $600 or more be reported to the IRS.

Tennessee Gov. Lee: $500 million incentive package for Ford factory

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https://ift.tt/2ZELKp0 Tennessee offered $500 million in incentives for the creation of a $5.6 billion campus where Ford plans to build electric F-Series pickups at a Memphis area complex, Gov. Bill Lee said Tuesday.

Sen. Lummis slams Yellen over $600 IRS reporting requirement

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Sen. Lummis slams Yellen over $600 IRS reporting requirement Sen. Cynthia Lummis took Treasury Secretary Janet Yellen to task on Tuesday of the Biden administration's proposal that every bank transaction of $600 or more be reported to the IRS.

McConnell blocks Schumer bid to raise debt ceiling by majority vote

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https://ift.tt/3if34rc Sen. Mitch McConnell, R-Ky., blocked Senate Majority Leader Chuck Schumer, D-N.Y., in his bid to bypass a GOP filibuster and raise the debt ceiling with a simple majority vote on Tuesday afternoon.

Tennessee Gov. Lee: $500 million incentive package for Ford factory

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Tennessee Gov. Lee: $500 million incentive package for Ford factory Tennessee offered $500 million in incentives for the creation of a $5.6 billion campus where Ford plans to build electric F-Series pickups at a Memphis area complex, Gov. Bill Lee said Tuesday.

JPM's Dimon says US default would be 'potentially catastrophic event'

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https://ift.tt/3m4Jsa5 JPMorgan Chase CEO Jamie Dimon warned Tuesday that a U.S. default on outstanding debt obligations would have devastating consequences for the economy.

McConnell blocks Schumer bid to raise debt ceiling by majority vote

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McConnell blocks Schumer bid to raise debt ceiling by majority vote Sen. Mitch McConnell, R-Ky., blocked Senate Majority Leader Chuck Schumer, D-N.Y., in his bid to bypass a GOP filibuster and raise the debt ceiling with a simple majority vote on Tuesday afternoon.

Sen. Warren tells Fed Chairman Powell she will oppose his renomination

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https://ift.tt/39Njdzb Sen. Elizabeth Warren told Federal Reserve Chairman Jerome Powell on Tuesday that she would oppose his re-nomination.

JPM's Dimon says US default would be 'potentially catastrophic event'

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JPM's Dimon says US default would be 'potentially catastrophic event' JPMorgan Chase CEO Jamie Dimon warned Tuesday that a U.S. default on outstanding debt obligations would have devastating consequences for the economy.

Kudlow: Kill the spending bill, save America

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https://ift.tt/3zR4Ap4 Larry Kudlow comments on taxes in the $3.5 trillion spending bill on the heels of President Biden tweeting that his "Build Better Agenda costs zero dollars."

Sen. Warren tells Fed Chairman Powell she will oppose his renomination

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Sen. Warren tells Fed Chairman Powell she will oppose his renomination Sen. Elizabeth Warren told Federal Reserve Chairman Jerome Powell on Tuesday that she would oppose his re-nomination.

Schumer seeks to fast-track raising the debt ceiling

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https://ift.tt/39JlFqm Senate Majority Leader Chuck Schumer says Democrats are prepared to raise the debt ceiling on their own if they can do so with a simple majority.

Kudlow: Kill the spending bill, save America

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Kudlow: Kill the spending bill, save America Larry Kudlow comments on taxes in the $3.5 trillion spending bill on the heels of President Biden tweeting that his "Build Better Agenda costs zero dollars."

Schumer seeks to fast-track raising the debt ceiling

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Schumer seeks to fast-track raising the debt ceiling Senate Majority Leader Chuck Schumer says Democrats are prepared to raise the debt ceiling on their own if they can do so with a simple majority.

IRS expansion could destroy financial privacy: Grover Norquist

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IRS expansion could destroy financial privacy: Grover Norquist Americans for Tax Reform President Grover Norquist weighed in on the long-term impacts that could come from an expansion of the IRS.

House Democrats say GOP opposition to debt limit suspension would be 'dangerous malpractice'

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House Democrats say GOP opposition to debt limit suspension would be 'dangerous malpractice' 64 House Democrats pressed Senate Minority Leader Mitch McConnell to address the federal debt limit, arguing in a letter Monday that Republican opposition could cripple the U.S. economy.

House Dems' $3.5T spending bill includes free community college for illegal immigrants

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House Dems' $3.5T spending bill includes free community college for illegal immigrants According to the most recent version of the House Democrats’ budget reconciliation bill, the legislation seeks to amend the Higher Education Act of 1965 to establish a grant program for free community college.

Gov. DeSantis to investigate Facebook for alleged violations of election laws

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Gov. DeSantis to investigate Facebook for alleged violations of election laws Gov. Ron DeSantis has directed Florida's secretary of state to investigate Facebook over allegations that the social media giant may have violated the state's election laws.

Sen. Marshall on Biden saying economic agenda is paid for: 'Grab your wallet'

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Sen. Marshall on Biden saying economic agenda is paid for: 'Grab your wallet' Sen. Roger Marshall, R-Kansas slammed President Biden’s economic plan on "Cavuto: Coast to Coast."

Sen. Marshall on Biden saying economic agenda is paid for: 'Grab your wallet'

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https://ift.tt/3EZRXf8 Sen. Roger Marshall, R-Kansas slammed President Biden’s economic plan on "Cavuto: Coast to Coast."

GOP governors demand Biden meeting over border crisis: Not just a national issue, Asa Hutchinson says

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GOP governors demand Biden meeting over border crisis: Not just a national issue, Asa Hutchinson says Arkansas Gov. Asa Hutchinson on state governors demanding meeting with Biden as border crisis overwhelms states

GOP governors demand Biden meeting over border crisis: Not just a national issue, Asa Hutchinson says

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https://ift.tt/3EQNNXb Arkansas Gov. Asa Hutchinson on state governors demanding meeting with Biden as border crisis overwhelms states

$3.5T spending package includes big money for 'tree equity,' bias training and more

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https://ift.tt/2XMymy5 Among the most contentious provisions, the bill gives a substantial funding boost to the Internal Revenue Service, which stands to gain an additional $78.94 billion over the next 10 years. The money would help the IRS strengthen tax enforcement activities, expand audits and modernize its technology. An additional $410 million would go to IRS oversight.

Biden doesn't take sides, touts infrastructure bill and reconciliation, as House Dems try to reach deal

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https://ift.tt/3obsZDD The White House says Congress needs to come to an agreement on both the infrastructure bill and reconciliation bill this week.

Sen. Tuberville on reconciliation bill: Democrat's think it’s ‘play money’

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https://ift.tt/39LAdpq Sen. Tommy Tuberville, R-Ala., weighs in on ongoing spending negotiations on Capitol Hill.