Card-Check One Vote Short in Senate

  Government and Economy Key Republican Changes Position, Now Opposes Card-CheckSenator Arlen Specter's vote may determine the fate of the pro-union card check bill, which would make it easier for workers to form unions. He declared his new opposition to the bill in a March 24 th Senate floor speech. SBA Launches Online Community for Small Businesses SBA’s Business Gateway Program has launched the first government-sponsored online community built specifically for small businesses, Small Business Administration [Read Full Article]

The Obama Rescue Plan Update

Government and Economy The Obama Rescue Plan President-elect Obama's economic stimulus plan is still coming together, but the goals are clear: To spur the economy and create jobs by spending hundreds of billions of dollars on infrastructure, state budget relief, safety nets for the needy and tax cuts. Here is where things stand. Business Groups File Suit to Block E-Verify Business groups, including the US Chamber of Commerce, have filed a federal lawsuit to block a new rule requiring federal contractors to use the E-Verify system to check their employees’ eligibility to work in the US. The law is scheduled to go into effect Jan. 15. [Read Full Article]

Obama Contemplates Tax Cuts as Retail Bankruptcies Expected to Soar

Government and Economy Obama Considers $310 Billion Tax Cut Faced with a recession that could slide into deflation and stagnation, President-elect Barack Obama is preparing to ask Congress for as much as $310 billion in tax cuts as part of his massive economic stimulus package. Retail Bankruptcies Expected to SoarThe disastrous fall in 2008 retail sales is certain to cause mass bankruptcy filings and store closures in 2009, said Michael Burden, an executive with retail adviser Excess Space Retail Services, with California, Florida and Nevada among the hardest hit. Management and Financial Issues... [Read Full Article]