Reform Effort at Businesses Feels Pressure
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The white-hot movement to overhaul corporate governance has cooled in recent months in Washington and beyond.
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The company says the changes are to better serve customers. Workers say they reduce already modest incomes and strain employeesÂ personal lives.
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The drive to pass a $136 billion corporate tax bill hit a roadblock in the Senate yesterday when lawmakers upset about tobacco regulation, new overtime rules, and combat pay employed delaying tactics to keep the measure from coming up for a vote.
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Times are tough in the soft-drink bottling business.
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Job cuts at European investment banks are set to accelerate, suggesting the sector is not too optimistic on revenues and is feeling the pressure to boost returns by clamping down on costs.
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The Justice Department announced new rules yesterday that will make it harder for prosecutors to bring criminal charges against companies, bending to intense pressure from business groups that claim the government has overreached in its pursuit of financial malfeasance.
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Environmentalists insist the strict new limits on emissions will be a boon to the economy, but businesses will have a daunting task meeting the state's ambitious goals
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The most dynamic, future-oriented industries are having trouble finding qualified employees.
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A union is trying to force nonprofit groups like hospitals to comply with standards of governing similar to those that federal law requires of private companies.
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Management is trying to turn things around, but the company's paying for past mistakes.
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Business & money: Credit crunch and housing woes blamed for gloom as businesses begin lobbying for interest rate cut
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Trade shows have a tougher time as culture of business evolves.
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Businesses are hoping that at least some post-Enron regulations can be rolled back in the name of making the U.S. more competitive.
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For months, Verizon Communications Inc. has been pushing legislation that would shift control of the cable franchising process from local to state officials, telling legislators that the current system is a major obstacle to competition.
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The drive to pass a $136 billion corporate tax bill hit a roadblock in the Senate on Friday when lawmakers upset about tobacco regulation, new overtime rules and combat pay employed delaying tactics to keep the measure from coming up for a vote.
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Urgent reforms are needed to the way senior public appointments are made, the standards watchdog says.
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Problems in the bond markets put pressure on financial firms' shares.