The National Federation of Independent Business (NFIB) warned Congress that the federal regulatory bureaucracy is a runaway train and that the office in charge of approving regulations appears to be asleep at the switch.
The U.S. Chamber of Commerce submitted comments sharply criticizing the administration’s proposed Federal Acquisition Regulatory Council (FAR Council) regulation and proposed Department of Labor guidance that would implement Executive Order 13673, “Fair Pay and Safe Workplaces.”
U.S. Chamber of Commerce Senior Vice President of Labor, Immigration, and Employee Benefits Randy Johnson issued the following statement regarding the Obama administration’s overtime proposal
The August ISA Economic Indicator Report (EIR) from the Industrial Supply Association indicated that growth slowed for distributors and manufacturers during the month of July.
Effective August 21, Motion Industries, Inc. a wholly owned subsidiary of Genuine Parts Company, entered into a definitive agreement to acquire Lake Erie Abrasive & Tool (LEA&T), headquartered in Euclid, Ohio. Consummation of the transaction was expected to take place in early September 2015.