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6 mentions found


☆ Congress takes another stab at banning members from trading stocks
  + stars: | 2024-07-10 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +4 min
A bipartisan group of Senators introduced a new bill that would ban Congress from trading stocks. The ETHICS act would impose hefty fines against members of Congress that violate the law. The ETHICS legislation, if passed, would immediately ban members of Congress from trading stocks, and it would come with an imposed timeline to divest their stocks when the next session of Congress starts in 2027. The proposed law would also impose hefty fines on Congressional members who violated the trading ban. But the passage of this new stock trading ban faces an uphill battle from Congress itself.
Persons: Jeff Hawley, —, Josh Hawley, Jon Ossoff, Jeff Merkley, Gary Peters, Hawley, Alexandria Ocasio, Cortez, Matt Gaetz, don't, Merkley Organizations: Senators, Service, Democratic, Holdings, Senate's Homeland Security, Governmental Affairs Committee, NPR Locations: Congress
☆ Mom and pop shops are cutting software spending, creating jitters on Wall Street
  + stars: | 2023-11-16 | by ( Jake Piazza | In | ) www.cnbc.com   time to read: +9 min
Joe Coffee founders Nick and Brenden Martin Joe CoffeeWall Street is on edge. Over the past two decades, small businesses have accounted for 40% of U.S. gross domestic product, according to the Chamber of Commerce. "If America is really built on the backbone of small business owners, why are they the ones that never catch the break?" In 2021, Joe Coffee, which now has 17 employees, created a full software and payments suite for coffee shops. WATCH: Xero will remain focused on core segments such as small businesses
Persons: PAYC ZI, Nick Martin, Joe Coffee, Martin, Joe Coffee's, aren't, Bill, Nick, Brenden Martin Joe Coffee, John Rettig, Cameron Hyzer, Yamini Rangan, Rangan, Bill didn't, Jake Dollarhide, Martins, Brenden Martin, Nick's, Brenden, Zhang Peng, they'd, Taylor McGinnis, ZoomInfo, we've, Bryan Keane Organizations: Starbucks, CNBC, Bill Holdings, Bureau of Labor Statistics, Joe, Nasdaq, Chamber of Commerce, Longbow Asset Management, Microsoft, Coffee Fest, UBS, Deutsche Bank Locations: Seattle, Paycom, West Richland , Washington, Coffee, Los Angeles
☆ Right Turn on Red? With Pedestrian Deaths Rising, US Cities Are Considering Bans
  + stars: | 2023-11-04 | by ( Associated Press | Nov. | At A.M. | ) www.usnews.com   time to read: +8 min
New Chicago Mayor Brandon Johnson’s transition plan called for “restricting right turns on red,” but his administration hasn’t provided specifics. The college town of Ann Arbor, Michigan, now prohibits right turns at red lights in the downtown area. The United States is one of few major countries that generally allow right turns on red. Critics argue that banning right on red will not only inconvenience motorists but also slow down commuter buses and deliveries. Melinda Kasraie testified on behalf of Lovick's bill at a legislative hearing, sharing her experience being struck by a car turning right on red in Seattle.
Persons: Langerman, New Chicago Mayor Brandon Johnson’s, hasn’t, ”, Jay Beeber, “ What's, ” Beeber, “, Bill Schultheiss, Jonathan Kincade, They're, we've, Priya Sarathy Jones, Mike McGinn, it's, Beeber, Sen, John Lovick, Melinda Kasraie, ” Kasraie Organizations: CHICAGO, Washington , D.C, New Chicago Mayor, San Francisco, “, National Motorists Association, Safety, Toole Design, Washington Area, United Parcel Service, Justice Center, Governors Highway Safety Association, The Insurance Institute for Highway Safety, America, Traffic Safety Administration Locations: Chicago’s Lakeview, Washington ,, ’, Ann Arbor , Michigan, San, Los Angeles, Seattle, Denver, California, United States, U.S, New York City, Idaho, Chicago, Indiana , Maryland, Missouri, Illinois, Washington
☆ A new Texas law will override mandated rest and water breaks for construction crews as extreme heat rises
  + stars: | 2023-06-29 | by ( Catherine Boudreau | ) www.businessinsider.com   time to read: +4 min
Some construction crews in Texas are no longer guaranteed water breaks under a new law. Critics say the law will override the few protections that construction workers in Austin and Houston are guaranteed, including 10-minute breaks every four hours to drink water and rest in the shade. The agency in 2021 started collecting information to help inform a national heat standard for indoor and outdoor workers, but a final rule could be years away. Mahaleris said the law wouldn't prohibit people from taking water breaks. "Access to drinking water and bathrooms, taking breaks in the shade — and there's also an education component that's important."
Persons: Greg Abbott, Daniela Hernandez, Abbott, Andrew Mahaleris, Mahaleris, Hernandez, Lulu Flores, there's Organizations: Service, Central America, Workers Defense Project, Occupational Safety, Health Administration, OSHA, Texans, Big, National Park Service, US Postal Service, Democrat, Austin, GOP Locations: Texas, Texas , Louisiana, Mexico, Central, Austin, Houston, Texas . Texas, California , Minnesota, Washington, North Texas, West Virginia, East Texas
☆ Disney's lawsuit against Gov. Ron DeSantis has teeth, legal experts say
  + stars: | 2023-04-27 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +6 min
Disney's lawsuit accused Florida officials of infringing on its constitutional rights. Ron DeSantis culminated in a stunning lawsuit on Wednesday, where the entertainment giant said state officials retaliated against it, citing a lawmaker who said "You kick the hornet's nest, things come up." Schultz said Disney could even seek in the lawsuit to depose DeSantis, who is widely expected to run for president. It targets The Walt Disney Company." The position articulated by state officials — including that the bill's focus extends beyond Disney — shows Disney will likely keep drawing on more pointed material to support its retaliation claims, said Schutz.
☆ Wyoming Republicans are criticizing a child marriage bill that seeks to raise the legal age to 18. It's sponsored by one of their own party members.
  + stars: | 2023-02-12 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +5 min
A new bill seeks to set a minimum age of 18 with an exception for 16 and 17-year-olds. The Wyoming Republican Party sent an email Thursday raising "concerns about constitutional rights." The bill is sponsored by Rep. Dan Zwonitzer, a Republican, and would raise the state's legal marriage age to 18 years old. The Wyoming Republican Party did not immediately respond to a request for comment. Rep. Mike Yin, a Democrat, tweeted a copy of the Wyoming Republican Party email on Thursday and accused the group of wanting children to get married "full stop."
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