Chamber of Commerce News

Businesses Press Congress for Immunity When States Lift Coronavirus Lockdowns

Major U.S. business lobbying groups are asking Congress to pass measures that would protect companies large and small from coronavirus-related lawsuits when states start to lift pandemic restrictions and businesses begin to reopen. Their concerns have the ears of congressional …

Businesses Warn Fear of Lawsuits Could Stall Rebooting of Economy; Urge Coordination

Litigation surrounding coronavirus responses is already underway and businesses are warning that the fear of more lawsuits could hinder the reboot of the U.S. economy. Returning America to work will require coordination between government and business and resolution of a …

Chamber of Commerce to Fight Corporate Breakups, Gig Worker Benefits

The leader of the U.S. Chamber of Commerce said the powerful business group will fight to reverse liberal policies being pushed in the states and by some Democratic candidates for president. “We will lead the opposition to policies that undermine …

Allstate CEO Calls On U.S. Corporations to Pay Employees More

U.S. businesses must focus on creating higher-paying jobs,Tom Wilson, Allstate chair, president and chief executive officer, writes in today’s New York Times. Wilson calls on America’s corporate leaders to prioritize job creation and make it a regular topic of discussion …

Chamber Legal Study Says Private Suits Over Privacy Don’t Help Consumers

Statutes allowing plaintiff lawyers to enforce privacy laws through private rights of action are clogging courts and provide no real benefit to consumers, a report from the U.S. Chamber of Commerce’s Institute for Legal Reform (ILR) claims. By contrast, privacy-related …

Businesses Come Out on Top in Current Supreme Court Term

The U.S. Supreme Court has sided with business interests in a series of cases in its current term, which began in October and is due to end next week. In 19 business-related cases that the U.S. Chamber of Commerce participated …

Businesses Appeal U.S. Judge’s Ruling Upholding Broker Fiduciary Rule

The U.S. Chamber of Commerce appealed a Texas federal judge’s ruling upholding a Labor Department’s regulation aimed at putting retirement savers’ interest first on Friday, the latest salvo in the securities industry’s fight against the regulation. Earlier this month, Chief …

Top 10 ‘Most Ridiculous’ Lawsuits of 2016: Chamber of Commerce

Too much ice in an iced coffee? Too much lip balm left in the tube? Too much environmental damage from thousands of red balloons? Lawsuits complaining about those situations made this year’s list of unnecessary litigation as judged by the …

U.S. Adjustments to Rules on Tax Inversions Include Exemption for Insurers

The U.S. Treasury Department softened new rules aimed at preventing multinational companies from shifting their profits offshore to lower-tax countries — a response to sustained criticism from big business and from members of Congress, who’d asked that they be delayed …

Viewpoint: Fiduciary Rule Fight Isn’t About the ‘Little Guy’

The U.S. Chamber of Commerce wants you to believe it is looking out for the little guy in its fight against new government regulation of the retirement investment advice industry. But that is a facade – as one consumer advocacy …