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Former Treasury Secretary Larry Summers Warns The Dollar Is Starting To Trade Like A Latin American Currency — Greenback Going From Safe Haven To Risk Asset?
Monday, June 2, 2025 - 1:48am | 625Former U.S. Treasury Secretary Lawrence Summers warns that the U.S. Dollar may no longer be the sanctuary that investors from across the globe once counted on. What Happened: While speaking on The Call, a podcast by the U.S. Chamber of Commerce last week, Summers pointed to the recent shift in...
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Non-Compete Clauses Are A Thing Of The Past, At Least For Now: FTC Issues Landmark Ban, Chamber Of Commerce Plans To Sue
Tuesday, April 23, 2024 - 5:13pm | 606The Federal Trade Commission faced legal threats when it first considered banning employers from using non-compete contracts. The agency went ahead Tuesday and made the rule official. What Happened: The FTC approved a final rule that bans non-compete agreements nationwide in a 3-2 vote. Democratic...
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Larry Summers Says Team Biden's Crackdown On M&A 'Almost Like A War On Business'
Thursday, July 20, 2023 - 11:29pm | 509Former Treasury Secretary Larry Summers has expressed concern over the Biden administration’s crackdown on mergers and acquisitions, stating it “seems almost like a war on business,” Bloomberg reports. Concerns Over New Guidelines: Summers criticized the new guidelines proposed by...
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Chamber Of Commerce Backs Coinbase — Crypto Revolution Or Regulatory Disaster?
Friday, May 12, 2023 - 12:38pm | 700Raising concerns over the Securities and Exchange Commission's (SEC) handling of the digital asset landscape, the U.S. Chamber of Commerce, a major business interest group, is voicing criticism on behalf of digital asset detractors. The regulatory approach towards entities like Coinbase...
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Apple, Microsoft, Disney And Amazon Lobby Against Climate Bill: Report
Friday, October 1, 2021 - 5:53pm | 685Apple Inc. (NASDAQ: AAPL), Amazon.com, Inc. (NASDAQ: AMZN), Microsoft Corporation (NASDAQ: MSFT) and Walt Disney Co (NYSE: DIS) are among the firms lobbying against a U.S. bill that among its many elements, also deals with climate change. What Happened: On...
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CARES Bill Opens Billions In Relief To Small Trucking Companies
Thursday, March 26, 2020 - 5:25pm | 651Small trucking companies and other businesses in danger of permanently closing their doors as a result of COVID-19 can apply for immediate relief under the stimulus package expected to be approved tomorrow. After the $2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act passed the...
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US Chamber Looks For Chinese Tariff Rollbacks In White House Meeting
Friday, October 11, 2019 - 10:33am | 668Tariffs scheduled to increase from 25% to 30% on $250 billion worth of goods exported from China into the United States on October 15 could be postponed or cancelled depending on progress made in trade talks this week between the two countries, according to the U.S Chamber of Commerce. Optimism...
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Boeing And Caterpillar's Billion Dollar Reason For Disliking The New House Majority Leader
Tuesday, June 24, 2014 - 10:52am | 660Incoming House Majority Leader, Kevin McCarthy does not support reauthorizing the charter of the Export-Import Bank of the United States. Business leaders, including representatives of Boeing (NYSE: BA) and Caterpillar (NYSE: CAT), are not happy with McCarthy’s position. The reason for the...
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Google to Dump the Chamber of Commerce?
Friday, November 4, 2011 - 3:05pm | 406Politico reported today that internet giant Google (NASDAQ: GOOG) is considering dropping its membership in the Chamber of Commerce after the COC came out in support of legislation that would hamper internet companies. The Chamber of Commerce has already lost one high-profile member over this...
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Big Business SEC Lawsuit Tries to Shaft Investors
Wednesday, September 29, 2010 - 3:51pm | 385Showing America that they side with wealthy CEO's and not investors, the U.S. Chamber of Commerce, the nation's biggest business lobby, and the Business Roundtable sued the Securities and Exchange Commission today. They are attempting to overturn a rule that makes it easier for investors to oust...