Monday, May 16, 2016

MONDAY BUSINESS & FINANCE REPORT

From the US CHAMBER OF COMMERCE:

Icing On Overtime Cake: Plaintiffs’ Bar Getting Ready

Consumers Can’t Count on the CFPB

Dividend Tax, Incidence Illusions, and Corporate Tax Integration

Campaign Bluster Isn’t Stopping U.S. Chamber’s Pro-Trade Work


US DEPT. OF LABOR:

OSHA CITES ALABAMA PALLET MANUFACTURER PUTTING WORKERS AT RISK OF MACHINERY, ELECTRICAL AND OTHER HAZARDS

PASSAIC DISTRIBUTION WAREHOUSE FINED $112K FOR TWO DOZEN SAFETY VIOLATIONS

US LABOR DEPARTMENT AWARDS $1.4M IN INCREMENTAL FUNDING FOR CLEAN-UP, RECOVERY EFFORTS IN TEXAS AFTER SEVERE SUMMER 2015 STORMS

STATEMENT OF US LABOR SECRETARY THOMAS E. PEREZ ON THE ONGOING LABOR DISPUTE INVOLVING VERIZON WORKERS

US TREASURY DEPT:  Treasury Designates Additional Libyan Political Obstructionist

IRS: May 16 Is Filing Deadline for Many Tax-Exempt Organizations; Do Not Include Social Security Numbers or Personal Data

In other business and finance news headlines...

Warren Buffett's company buys 9.8 million Apple shares (AP)

Report says Amazon to expand its store-brand offerings (AP)

Global stocks slip amid weak Chinese data but oil rises (AP)

HSBC axes 840 IT jobs in Britain in first big wave of planned cuts (REU)

Pfizer to buy Anacor in $5.2 billion deal for access to eczema gel (REU)

Boeing's 787 Dreamliner faces new challenge: slow sales (REU)

REGIONAL BUSINESS NEWS...

PUDGET SOUND BUSINESS JOURNAL: Gates Foundation diverts entire $187M stake in BP

DAILY JOURNAL OF COMMERCE: Shopping shifts leave malls holding the bag

Quiet Seattle tech company plans expansion in Pioneer Square, Denver---SEATTLE TIMES

Seattle Angel Conference picks Vancouver, Washington startup as competition winner---SEATTLE TIMES

Self-driving robots are the new longshoremen on L.A. waterfront---SEATTLE TIMES

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