A House tax committee received mixed messages from business leaders Tuesday on the desirability for a border adjustment tax on imported goods. Target CEO Brian Cornell said the tax would shift the burden from large corporations to individual taxpayers, while former Wal-Mart CEO William Simon said the tax would help keep and create manufacturing jobs in the US.
Companies such as PwC and IBM are beefing up cybersecurity by recruiting military veterans with experience in intelligence gathering and communication. These individuals have character, discipline and skills to police internet activity, says Proficio President Tim McElwee.
The Teacher Health and Wellness Act, under consideration in the US House, would establish a pilot study on teacher stress at the National Institutes of Health. Rep. Tim Ryan, D-Ohio, who introduced the bill, writes in this blog post that the goal is to curb high levels of stress among teachers while boosting retention.
Lowes Foods will open a new store in Lexington, S.C., this week, with another new store to follow there this summer. The move is part of Lowes' bigger expansion in South Carolina, which also includes a new store in a former Bi-Lo location in Columbia and two additional stores in Summerville and Mount Pleasant.
A report that included data from 119 studies and 12 million women found drinking one small glass of an alcoholic beverage per day increased the risk of breast cancer for pre-menopausal and post-menopausal women. The analysis from the American Institute for Cancer Research and the World Cancer Research Fund said there was strong evidence that vigorous exercise may reduce the risk of breast cancer.
Half of people ages 13 to 20 say they "can't live" without YouTube, nearly all use it, and males are 24% more likely than females to say the platform is essential, per Defy Media. Two-thirds of the 1,500 Gen Z people surveyed use YouTube to watch how-to videos, and 24% use it to get recommendations about products.
Amazon created a Community Banana Stand in its Seattle neighborhood two years ago to give out free bananas to the public and has since added a second stand. The online retail giant has given more than 1.7 million to its employees and area residents, and restaurants in the area have seen their sales of bananas fall as patrons pick them up from Amazon for free.
Sony CEO Kazuo Hirai has cut costs, ended costly product lines, and focused on research and development in his five years at Sony's helm, and he expects that his efforts will pay off this year. Sony could report its highest annual operating profit in nearly two decades.
Dow Chemical and DuPont's planned $130 billion merger is on track and will likely close between Aug. 1 and Sept. 1, according to the companies. They said they are working with regulators in the rest of the relevant jurisdictions to get clearances for the merger.
Viacom is revamping some of its flagship brands to bring in more viewers, with moves including a shift to make MTV more cheerful and upbeat with shows such as "Prom Proposal" and "My Super Sweet 16" and bringing higher-quality content to Paramount Network, says CEO Bob Bakish. Also, the company is in discussions to provide an affordable entertainment package that will run $10 to $20 per month.
The Trump administrated presented its proposed fiscal 2018 that includes $1.6 billion for the wall between Mexico and the US. At one point, White House budget director Mick Mulvaney said the 2017 and 2018 budget would allot $4.1 billion for the wall, and the White House said the decrease was partially due to a compromise reached with Democrats on a budget extension.
Connexus Energy has partnered with Bolton Bees, which has installed 15 beehives at the Minnesota electric cooperative's SolarWise community garden to commercially produce honey. The Connexus pollinator-friendly solar arrays are planted with a biodiverse mix of low-growing and shade-tolerant grasses and flowers.
The new policies implemented by United Airlines will benefit the entire industry, writes George Hobica of Airfarewatchdog.com. "Key here is empowering the airlines' employees to take whatever action necessary to help passengers who must be involuntarily bumped," he writes.
Princess Factory in New Milford, Conn., provides a place for girls ages 3 to 15 to get hair tinsel, manicures, pedicures and more. Owner Patricia Munoz said she wants the activities to promote personal care and well-being.