The U.S. Securities and Exchange Commission is weighing whether proxy advisers have grown so influential in corporate elections that regulators should impose rules to make their business more transparent.
Bipartisan resistance in Congress to granting President Barack Obama fast-track authority to negotiate trade agreements won’t jeopardize a Pacific-region trade pact, U.S. Commerce Secretary Penny Pritzker said today.
U.S. companies would face a minimum tax on the income they earn around the world under a plan released today by Senate Finance Chairman Max Baucus that marks his most significant proposal to revamp the tax code.
The Business Roundtable, a group whose executive committee includes JPMorgan Chase & Co. head Jamie Dimon, said 21 percent of surveyed chief executive officers think it’s unimportant to have a “one-stop shop” for their financial needs.
In recent days, some stalwart allies of the Republican Party -- Wall Street bankers along with several business lobbying groups -- have warned against the government shutdown. Rather than endorse House Republicans’ campaign to destroy the Affordable Care Act, business and financial leaders have politely suggested that the more radical elements Republicans are getting a bit carried away.