U.S. Chamber of Commerce

The U.S. Chamber of Commerce is suing the Trump administration over its $100,000 fee on new H-1B visa petitions. Chamber Says Fee Harmful To Small Businesses, Startups The organization, which says it represents about 300,000 businesses, filed a lawsuit on Thursday. It stated that the fee is...

Former 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...

The 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...

Former 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...

Raising 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...

Apple 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...

Small 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...

Tariffs 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...

Incoming 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...