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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: big business

big business stories: 11 news summaries

Big Business to 'Swarm' DC to Back Climate Bill

Bucking conventional wisdom, eBay, Gap, others push for action

Oct 5, 09 12:58 PM CDT
(Newser) - More than 150 business leaders plan to “swarm” Capitol Hill over the next two days in support of climate change legislation. Hailing from such disparate companies as eBay, the Gap, and PG&E, the executives say having a law in place would give them confidence in their long-term planning,... More »

MORE ABOUT:
eBay • cap and trade • General Electric • Nike • United Technologies • climate change legislation • big business • Gap

(Newser) - Facing broad new US regulations on emissions, big business wants to put the science behind global warming before a judge, the Los Angeles Times reports. “It would be evolution versus creationism,” says an executive for the US Chamber of Commerce, which is pushing the idea of a public... More »

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climate change • evolution • global warming • science • creationism • Environmental Protection Agency • emissions standards • big business • carbon emissions • Scopes monkey trial • US Chamber of Commerce

GOP: Dems Buddying Up to Big Business

Irony-proof party employs new strategy to battle climate bill

May 20, 09 12:13 PM CDT
(Newser) - Senate Republicans are turning the tables on Democrats as the GOP battles a bill to fight climate change, Politico reports. A strategy memo says Republicans should paint the opposition as the party of big business, suggesting Dems are cozying up to “Wall Street traders,” “polluters,” and... More »

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climate change • environment • Democrats • Senate Democrats • Senate Republicans • corporate America • big business • Republicans

 Big Biz, Dems Rebel 
 on Offshore Tax Reforms 

Business groups and lawmakers worry about effect on US competitiveness

May 5, 09 12:00 PM CDT
(Newser) - President Obama’s plan to crack down on the tax practices of US-based multinationals has elicited much squawking from business groups and lawmakers who fear it may limit the competitiveness of American firms, the Hill reports. Even Democrats have greeted Obama’s proposals with trepidation: “I want to make... More »

MORE ABOUT:
Barack Obama • Democrat • corporate tax • big business • tax haven • Obama administration • tax shelter

ANALYSIS

 In Jarrett, 
 Wall St. Finds 
 Direct Line  
 to Obama 

Firms salute efforts of White House 'consigliere'

Apr 16, 09 10:55 AM CDT
(Newser) - Valerie Jarrett wears many hats in the White House: “If there’s a consigliere, it’s Valerie,” says the head of President Obama’s transition team. Lately, however, the longtime family friend has chiefly been Obama’s ambassador to big business, Bloomberg reports. She “picks the brains”... More »

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Wall Street • White House • business • adviser • ambassador • Valerie Jarrett • big business • Obama administration • President Obama

GOP Launches
Offensive on
Pro-Union Bill

Big business is paying big bucks to lobby against 'card check' bill

Mar 9, 09 2:28 PM CDT
(Newser) - Republican lobbyists are swarming Capitol Hill this week, launching the battle over the pro-union Employee Free Choice Act—a fight one Chamber of Commerce exec describes as "Armageddon." Legions of GOP operatives are being enlisted to spend tens of millions of dollars offered by large corporations like Wal-Mart,... More »

MORE ABOUT:
GOP • lobbyist • labor unions • big business • Washington lobbyists • Employee Free Choice Act • Bill Maher Grid

 Laid-Off? 
 Be Your 
 Own Boss 

Interest in small business is booming as unemployment rises

Feb 1, 09 2:00 PM CST
(Newser) - The pink slips are flowing, but that’s not halting thousands from using severance packages and savings to found their own businesses, the Christian Science Monitor reports. The new gigs often bear little resemblance to past ones—one Wall Street exec now walks dogs—and differ from the economy at... More »

MORE ABOUT:
entrepreneurs • layoffs • unemployment • small business • economic stimulus package • big business • Obama administration • financial crisis • President Obama • self-employment

Chamber of Commerce Plugs Cash Into Tight GOP Races

Fearing a big Senate majority for Dems, organization may spend up to $35M

Oct 24, 08 1:56 PM CDT
(Newser) - The US Chamber of Commerce, the nation’s largest business lobby, is throwing millions of dollars into an advertising campaign to prevent Democrats from winning a filibuster-proof 60-seat majority in the Senate, the Wall Street Journal reports. The group could spend $35 million, twice what it set aside for all... More »

MORE ABOUT:
Barack Obama • Democrats • Republican • GOP • labor unions • big business • Election 2008 • US Chamber of Commerce

(Newser) - The nation’s largest cigarette maker, Altria Group, is in talks to acquire UST, the producer of Skoal and Copenhagen smokeless tobaccos for a rumored $10 billion, the New York Times reports. Altria, a spinoff of Philip Morris, makes Marlboro cigarettes. Negotiators were poised to strike a deal over the... More »

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tobacco • mergers and acquisitions • acquisition • Altria • tobacco companies • big business

Supreme Court Ruling Boosts Medical Tech

Decision restricts suits under state law over devices OK'd by feds

Feb 20, 08 6:20 PM CST
(Newser) - A Supreme Court ruling today makes it nearly impossible for patients and their families to sue makers of federally approved medical devices under state law. The court ruled 8-1 in favor of cardiovascular device company Medtronic, dismissing a suit brought by a patient injured after one of the company's balloon... More »

MORE ABOUT:
Antonin Scalia • Ruth Bader Ginsburg • lawsuit • medical devices • Medtronic • US Supreme Court • big business

Big Biz Takes Stock of Obama

Democrat's limited record friendlier than CEOs might think

Feb 14, 08 2:15 PM CST
(Newser) - Barack Obama’s Potomac victories put him into stronger position to claim the Democratic presidential nomination, something business leaders are just wrapping their heads around, Business Week reports. So far, they’re not sure what an Obama administration might mean, but he’s earned kudos from billionaire Warren Buffett, former... More »

MORE ABOUT:
Barack Obama • Warren Buffett • Democratic nomination • endorsement • Barack Obama supporters • Paul Volker • corporate America • big business • Election 2008 • US Chamber of Commerce

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