As the Committee on Foreign Investment in the United States (CFIUS) deliberates on the proposed acquisition of U.S. Steel by Japanese-owned Nippon Steel, business leaders are sounding the alarm that lawmakers' involvement could irreparably damage the country's investment climate. With over $5 trilli
The quest for excellence in ethics is a noble pursuit, and Precision Tax Relief has just been recognized for its outstanding dedication to upholding ethical business practices. This Coeur d'Alene-based tax relief company has been awarded the International Torch Award for Ethics by the International
GE Vernova's offshore wind business has been stuck in the mud, and it's not just the broken blade on the Vineyard Wind project that's to blame. The company's recent $300 million loss in its wind division has sent shockwaves through the industry, and it's clear that the business is still reeling from
The recent reports from the American Chamber of Commerce in Shanghai and the European Union Chamber of Commerce in China paint a bleak picture for US companies operating in China. The record-low profits and dwindling optimism among American businesses in China are a stark reminder of the challenges
The past week has been filled with notable business news, from CEOs being fired to record-low interest rates and major mergers. Norfolk Southern CEO Alan Shaw was let go after an investigation found he violated company policies by engaging in a consensual relationship with the chief legal officer. T
The American Chamber of Commerce in Shanghai has published a report revealing that US companies in China are experiencing record-low profits, with a staggering 66% of 306 polled companies reporting profitability in 2023. This figure is a stark contrast to the 80% reported in 2020, indicating a signi
When it comes to starting a business, Minnesota is often overlooked as a hub for entrepreneurship. According to a recent study by Eton Venture Services, the state ranks 10th in the country for launching the fewest businesses, with 1,065 businesses started per 100,000 residents. But is this ranking e
The debate over whether Google's adtech business should be broken up has taken center stage in the latest antitrust showdown. The CEO of The Trade Desk, a major advertising tech platform, argues that Google's dominance in the adtech market is stifling competition. According to Jeff Green, Google's A
As lawmakers in Washington turned their focus to the Steward Health Care bankruptcy scandal, it became clear that something was amiss. Despite a subpoena, CEO Ralph de la Torre refused to appear before the Senate Health, Education, Labor, and Pensions Committee, leaving an empty chair in his place.
Medical Properties Trust (MPW) has made a significant move by reaching a settlement deal with Steward Health Care System, the bankrupt tenant of MPT. This agreement not only restores MPT's control over its real estate but also severs its relationship with Steward, paving the way for the immediate tr
