Latest news with #businessgroups
Yahoo
6 days ago
- Business
- Yahoo
Big Tech lobbying surges as companies try to shape Trump's AI policy
Companies and business groups are rushing to influence Washington's artificial intelligence policies as the industry booms and Donald
Yahoo
7 days ago
- Business
- Yahoo
Companies increase lobbying to try to shape Washington's AI policy
Companies and business groups are rushing to influence Washington's artificial intelligence policies as the industry booms and Donald Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
ABC News
15-07-2025
- Business
- ABC News
RBA looks to scrap card surcharges
The Reserve Bank wants to ban businesses from adding a surcharge to credit and debit card transactions in a move which could save consumers $1.2 billion a year. But small businesses and business groups are wary. They say banning surcharges will mean costs will be paid in other, perhaps hidden, ways.
Washington Post
09-07-2025
- Business
- Washington Post
Court blocks FTC ‘click to cancel' rule designed to ease unsubscribing
A federal appeals court has voided Biden-era plans to crack down on tough-to-cancel subscriptions, which would have required businesses to make it as easy to cancel subscriptions as it is to sign up to them. On Tuesday, the U.S. Court of Appeals for the 8th Circuit in St. Louis granted a petition from business groups to block the Federal Trade Commission's rule, known colloquially as 'click to cancel,' days before its scheduled date of enforcement of July 14. The court found the FTC made 'fatal' procedural errors in its rulemaking process and struck down the rule.
The Guardian
03-07-2025
- Business
- The Guardian
Smaller firms to escape ‘burdensome' Companies House filing rules
Changes to Companies House rules that would have axed an exemption allowing smaller businesses to file abbreviated accounts have been delayed amid concerns they could burden them with more red tape. Legislation brought in by the previous Conservative administration is due to compel companies with a turnover under £10.2m, balance sheets under £5.1m and fewer than 50 employees to disclose more detail in their annual accounts from April 2027. However, the business secretary, Jonathan Reynolds, is understood to be have reversed the move to reduce regulatory hurdles for small firms. A government source said: 'We have paused them, Jonny is worried it's too burdensome'. Last month the government unveiled its industrial strategy in which it said it aims to 'reduce regulatory burdens and speed innovation [by] cutting the administrative costs of regulation for business by 25%'. The proposals to make companies publish more comprehensive financial information were designed to remove longstanding exemptions that allowed small firms to file 'abridged accounts' and counter criticisms that the more relaxed rules for qualifying businesses had enabled fraud. The intention had been that small companies would be required to use a set format to electronically file a profit and loss statement, which would be able to be viewed by the public and would include information such as turnover and costs. Business groups had criticised the move saying that small companies would be forced to pay to use expensive computer software to meet the new regulations. However, Companies House had said the measures, which were set out in the Economic Crime and Corporate Transparency Act, would 'be a critical step towards improving the quality of the data on the register'. Companies House has long faced criticism of how it polices the information that it holds. In April it emerged that the agency had collected just £1,250 in fines after being given new powers to crack down on corruption. A spokesperson for the Department for Business and Trade said: 'This government is committed to avoiding undue burdens on businesses as part of our plan for change.'
