PepsiCo has failed to remove a chemical linked to cancer from its cola in the year since the company began the process of changing its recipe.
negotiations that began Monday between the United States and the European
Union could lead to drastically weakened health, safety and financial
protections, a coalition of public interest groups from both sides of
the Atlantic warned.
With tariffs between the world’s two largest trading partners already low — roughly 3 percent, on average — the talks are likely to focus on regulatory barriers as negotiators look to boost the economy via a new Transatlantic Free Trade Agreement (TAFTA).
The federal government contracted out to small businesses more in fiscal 2012 than the previous year, but for the seventh year in a row still fell short of its goal.
A Small Business Administration (SBA) review of contracting last year found that 22.25 percent of federal contract money went to small businesses, compared to 21.65 percent in 2011.
That is just shy of 23 percent, though — the goal that agencies had set for contracts with small businesses.
Rules further limiting the amount of time truck drivers can spend behind the wheel have taken effect, The Hill’s Transportation blog reports.
The regulations were opposed by the industry, which says they will reduce flexibility, add costs and compound an existing labor shortage, according to RegWatch.
The economy is underperforming because a thicket of regulations is killing small companies and discouraging start-ups, former Hewlett-Packard CEO and Senate candidate Carly Fiorina said Monday.
During remarks at the National Press Club, Fiorina pointed to federal statistics showing that more small firms are failing and fewer are starting up than any point in the last 40 years.
The proliferation of new rules drafted at federal agencies is a key factor, Fiorina said.
“Our regulatory environment has become so complex,” Fiorina said, describing it as a, “geologic sediment of complexity.”
A Senate committee will hold a hearing to examine the purchase of Smithfield Foods by the Chinese meat company Shuanghui International.
On July 10, the Senate Agriculture, Nutrition and Forestry Committee will review the $4.7 billion sale, the largest-ever acquisition of an American company by a Chinese firm. The panel will also look at food safety and intellectual property ramifications of foreign purchases of American companies more broadly.
The Transportation Department on Wednesday penalized Delta Air Lines to the tune of $750,000 for violating federal regulations designed to protect and compensate passengers who are denied boarding on oversold flights against their will.
The airline also was issued a cease and desist order directing them to halt the improper actions, the agency said.
The Small Business Administration (SBA) is changing what it means to be small.
The agency is increasing the limits for how large some firms can be and still be considered small businesses under federal guidelines.
A group of 15 senators wants greater oversight of Shuanghui International’s $4.7 billion takeover of the nation’s largest pork producer.
A federal appeals court is allowing loan guarantees to help an Indian airline purchase Boeing airplanes, but making the federal agency that issued the loans explain how they will impact Americans.
The Export-Import Bank needs to further explain how its $3.4 billion in financing for Air India will affect U.S. industries and workers, the U.S. Court of Appeals for the D.C. Circuit ruled on Tuesday.