Business groups including the National Association of Manufacturers and restaurant owners have given a cool reception to a congressional proposal to slow depreciation deductions as part of a tax-code revision.
The U.S. Department of Agriculture is preparing to implement an agriculture law not yet passed in Congress and isn’t planning to adjust for rules that may double milk prices in the absence of a law, Secretary Tom Vilsack said.
Some of the largest U.S. business groups are lining up behind President Barack Obama to pressure Congress to clear the way for a pair of trade deals that could set rules for more than half the world’s economy.
Business groups and activists lobbying for broad changes in U.S. immigration laws say they now expect House Republicans to consider piecemeal legislation this year and could start by tightening border security.
Farmers and oil drillers may be required to report their use of explosive chemicals under measures the Obama administration is considering to avoid disasters such as a Texas blast that killed 14 people last year.
At an outdoor market in Hanoi, Vietnam’s capital, Trinh Thi Thanh pays 100,000 dong ($4.74) a kilogram for the pork her family eats more than any other meat. That’s down from 150,000 dong a few years ago, easing pressure on the cost of family meals that had been surging, she said.