Latest from Adam Allington

• Feb 23, 2017

  Trump administration hopes to pass tax reform by August

  U.S. Treasury Secretary Steven Mnuchin said the administration is hoping to pass major tax reform legislation before Congress leaves for its August recess. President Donald Trump has set ambitious goals of economic growth of 3 percent or higher, rates not seen in over a decade. Mnuchin said the administration will achieve this through a combination […]

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• Feb 21, 2017

  EPA bracing for big cuts under Trump administration

  

  In addition to being required by law, Environmental Protection Agency funding is critical to state budgets.

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• Feb 16, 2017

  Snap says it’s worth about $18 billion in preparation for IPO

  Snap, the parent company of the social network Snapchat, laid out a preliminary valuation for its highly anticipated IPO today in a regulatory filing with the Securities and Exchange Commission. The maker of the disappearing-photo application puts its market value in the range of $16 billion to $18.5 billion. This is down considerably from the […]

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• Feb 16, 2017

  Wendy’s to shell out $30 million for smaller, tastier chickens

  As Wendy’s releases its earnings, we take a look at the fast food chain’s hunt for a tastier chicken. The company is prepared to spend $30 million on smaller chickens in hopes they’ll provide more tender, less rubbery meat. Turns out, quality is an important consideration for legacy fast food companies, as they try to […]

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• Feb 14, 2017

  What lies ahead for the Small Business Administration?

  Linda McMahon, the former CEO of World Wrestling Entertainment, or WWE, and President Donald Trump’s pick for head of the Small Business Administration, will sit for her Senate confirmation hearing today. The Trump administration has pledged to be pro-small business, lightening the regulatory burden to encourage entrepreneurship and job creation. What will that mean going forward? […]

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• Feb 9, 2017

  Does Trump’s Twitter beef with Nordstrom cross an ethics line?

  Or is he just defending his daughter?

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• Feb 8, 2017

  GM announces record profit share for its workers. Where does it go from here?

  General Motors has announced record earnings of $12.5 billion last year. The company’s 52,000 hourly workers will take home profit-sharing checks of as much as $12,000. It’s an impressive feat, considering where the company was less than a decade ago. But the car company is not resting on its laurels.

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• Feb 3, 2017

  The credit card chip has its security limits

  The number of victims of identity fraud is higher than at any point in more than a decade. That’s despite new security measures, including those new credit card chips. The number of cases rose 16 percent to nearly 15.5 million consumers, according to a report by Javelin Research and Strategy. Weren’t those chips supposed to […]

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• Feb 1, 2017

  Wal-Mart changes tactics to compete with Amazon Prime

  After launching less than a year ago, Wal-Mart is ending ShippingPass, a membership program meant to compete with Amazon Prime. In its place, Wal-Mart will now offer two-day free shipping on purchases over $35. But the company will have a lot of ground to make up as Amazon branches out into markets beyond retail. Click […]

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• Jan 23, 2017

  China bids to become global leader on free trade

  With the U.S. withdrawing from the TPP, what will China do?

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