Business to Congress: Approve USMCA

Before Congress went out of session last month for the August recess, the U.S. Chamber of Commerce sent a letter to every U.S. senator and representative urging swift approval of the U.S.-Mexico-Canada Agreement (USMCA). Our letter garnered the support of more than 600 national trade groups and state and local business associations. How difficult was… Continue reading Business to Congress: Approve USMCA

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Walmart’s earnings beat allays worry over tariff impact for now

WASHINGTON – U.S. retailer Walmart Inc (WMT.N) reported strong second-quarter results and raised its earnings expectations for the year, temporarily sidestepping concerns around consumer demand in the wake of tariffs on imports from China. Walmart’s performance was helped by shoppers who spent more at its stores and websites, indicating the U.S. consumer economy has not… Continue reading Walmart’s earnings beat allays worry over tariff impact for now

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U.S. Chamber Urges Senate Finance Committee to Reject Price Controls and Focus on Patient-Centered Pricing Approach

WASHINGTON, D.C. – U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley released the following statement today in response to the Senate Finance Committee’s proposed legislative package on drug pricing. “While we share in the desire to take steps to reduce healthcare costs, including the costs of prescription drugs, the proposal… Continue reading U.S. Chamber Urges Senate Finance Committee to Reject Price Controls and Focus on Patient-Centered Pricing Approach

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Intel’s Marjorie Dickman to join C_TEC’s Advisory Board

WASHINGTON, D.C. — The U.S. Chamber of Commerce’s Technology Engagement Center (C_TEC ) is pleased to announce that Marjorie J. Dickman, global director and associate general counsel, Intel will join its Advisory Board effective immediately. Tim Day, senior vice president of C_TEC, issued the following statement: “Given Marjorie’s strong support of the Chamber’s C_TEC program… Continue reading Intel’s Marjorie Dickman to join C_TEC’s Advisory Board

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The Slope of the US Yield Curve and Risks to Growth

The slope of the yield curve in the US has inverted in recent months, making long-term debt significantly cheaper than short-term debt. This inversion is a gauge of investors’ confidence in the economy and signals doubts about future growth. The slope of the Treasury yield curve is the difference between the interest rate on long-term… Continue reading The Slope of the US Yield Curve and Risks to Growth

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ATLATL’s AVIC+Lab Model is to Pioneer Biotech Innovation

SHANGHAI–(BUSINESS WIRE)–AVIC+Lab represents four components combined with the research lab: Artificial intelligence, Venture capital, Intellectual property, and CROs or CMOs. AVIC+Lab is a creative model addressed by ATLATL Innovation Cluster, which was founded by Kendall Square entrepreneur Dr. P.C. Zhu, who initiated the founding of Mass Innovation Labs (renamed Smartlab). After moving to Shanghai, Dr.… Continue reading ATLATL’s AVIC+Lab Model is to Pioneer Biotech Innovation

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AmeriGas Reports Second Quarter Results

VALLEY FORGE, Pa.–(BUSINESS WIRE)–AmeriGas Propane, Inc., the general partner of AmeriGas Partners, L.P. (the “Partnership,” NYSE: APU), today reported financial results for the fiscal quarter ended March 31, 2019. HIGHLIGHTS GAAP net income of $219.1 million, compared with $191.8 million in the prior-year period; adjusted net income of $203.1 million, compared with $222.7 million in… Continue reading AmeriGas Reports Second Quarter Results

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U.S. Department of Commerce Initiates Antidumping Duty and Countervailing Duty Investigations of Imports of Ceramic Tile from China

WASHINGTON, D.C., Wednesday, May, 2019. – The U.S. Department of Commerce announced the initiation of new antidumping duty (AD) and countervailing duty (CVD) investigations to determine whether ceramic tile from China is being dumped in the United States and to determine if producers in China are receiving unfair subsidies. These antidumping and countervailing duty investigations… Continue reading U.S. Department of Commerce Initiates Antidumping Duty and Countervailing Duty Investigations of Imports of Ceramic Tile from China

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BGC Partners Completes Acquisition of Ed Broking Group Limited

LONDON, — BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC” or the “Company”), a leading global brokerage and financial technology company, today announced that it has completed the acquisition of Ed Broking Group Limited (“Ed”), an independent Lloyd’s of London insurance broker with a strong reputation across Accident and Health, Aerospace, Cargo, Energy, Financial and… Continue reading BGC Partners Completes Acquisition of Ed Broking Group Limited

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