Commerce – BeeNewsDaily

Commerce

Texas Governor Abbott Sent President Biden A Letter On EPA’s Plan That Could Jeopardize The Nation’s Gas Supply

TEXAS (June 29, 2022)---Governor Greg Abbott today sent a letter to President Joe Biden on the U.S. Environmental Protection Agency’s (EPA) plan that could jeopardize a quarter of the nation’s gas supply. The EPA recently announced it may impose a discretionary re-designation of the Permian Basin, which accounts for approximately 40%…

Posted on June 29, 2022June 29, 2022 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

Alabama’s largest city, Huntsville, has been named the best place to live in America

HUNTSVILLE, AL--- Alabama's largest city Huntsville, has been named the best place to live in America, take the prize from Boulder, Colorado for the first time in two years. Huntsville's high quality of life, affordability and cheap property appealed to Americans looking to put down roots amid the current ski-high…

Posted on May 17, 2022May 17, 2022 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

Port Authority offers more incentives to urge workers to get COVID-19 vaccine

PITTSBURG (October 18, 2021)---Port Authority has amended its vaccination policy to offer more incentives for employees to receive immunization against COVID-19. The new policy, which began Oct. 1, offers employees eligible for the vaccine booster a $100 bonus for getting the shot. If the percentage of active staff members below…

Posted on October 18, 2021October 18, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

US Senator Hickenlooper Introduced the COMPETES Act To Prevent Oil And Gas Companies From Leasing Taxpayer-Owned Public Lands For Free

Washington, D.C.(October 7, 2021) – Today, U.S. Senator John Hickenlooper introduced the Competitive Onshore Mineral Policy via Eliminating Taxpayer-Enabled Speculation (COMPETES) Act, legislation to prevent oil and gas companies from leasing taxpayer-owned public lands for next to nothing. Forty percent of acres leased for drilling go through this non-competitive process. Under current law,…

Posted on October 7, 2021October 7, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

Minnesota Supreme Court Declined To Hear An Appeal Of Enbridge Energy’s Line 3 Oil Pipeline

MINNEAPOLIS (August 24, 2021) — The Minnesota Supreme Court on Tuesday declined to hear an appeal by opponents of Enbridge Energy's Line 3 oil pipeline, letting stand a key decision by independent regulators to allow construction on the project to proceed. Without comment, the state's highest court declined to take…

Posted on August 24, 2021August 24, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

Readout of the Inaugural Industry Trade Advisory Committee Meeting

CITY OF WASHINGTON, D.C. (August 3, 2021)---United States Trade Representative Katherine Tai and U.S. Secretary of Commerce Gina Raimondo today co-hosted the inaugural Industry Trade Advisory Committee (ITAC) meeting. The meeting included the members and chairs of all 14 ITACs. More information on the ITACs and its history can be…

Posted on August 3, 2021August 3, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

Samsung Enters In An Agreement With Lucky Group To Produce Their Phones in Pakistan

(July 16, 2021)---Samsung enters in an agreement with Lucky Group as local partners to produce their phones in Pakistan. Production facility will be operational by Dec 2021. Chairman CPEC working for socio-economic development of Pakistan, Asim Saleem Bajwa tweeted "This landmark development coupled with a number of upcoming Chinese Mobile…

Posted on July 16, 2021July 16, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

Largest container ship hits East Coast as ports see surge

BAYONNE, N.J. (May 20, 2021) — With the sun gleaming off the Manhattan skyline in the distance, the massive ship passed slowly underneath the Bayonne Bridge on Thursday morning, tooting its horn to the delight of about two dozen onlookers on the bridge deck hundreds of feet up. Even by…

Posted on May 20, 2021May 20, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Banking

Preparing for the Unknown: What a Capital Gains Rate Hike Could Mean

Although it is unclear what will happen to capital gains rates over the course of the next year, it is important to discuss the implications of what a rate hike could mean. We don’t know for certain whether the capital gains rate will be adjusted, what rate would apply if…

Posted on May 11, 2021May 11, 2021 by BeeNews DailyBlog by BeeNews DailyBlog

Commerce

Big Oil and Gas Industry Group Backs Federal Price On Carbon

CITY OF WASHINGTON, DC (March 25, 2021) — The oil and gas industry’s top lobbying group on Thursday endorsed a federal price on carbon dioxide emissions that contribute to global warming, a reversal of longstanding industry policy that comes as the Biden administration has pledged dramatic steps to address climate…

Posted on March 25, 2021March 25, 2021 by BeeNews DailyBlog by BeeNews DailyBlog