The Hill reports a Texas judge has struck down an overtime regulation issued under the Obama administration that would have increased the amount that must be paid to an overtime-exempt worker to more than $47,000. The current level is little more than $23,000. The regulation had caused much fear and confusion in many businesses. The… Read More Texas judge strikes down Obama-era overtime regulation
President Donald Trump visited the Show Me State on Wednesday, August 30, 2017, to kick off his push for a thorough review and reworking of the American tax system. Jerry Jost, president of Jost Chemical Company and Chairman of the Board of Directors of Associated Industries of Missouri (AIM) and AIM president/CEO Ray McCarty were… Read More President Donald Trump visits AIM member Loren Cook Company to kick off tax reform plan
Hurricane Harvey and the subsequent storm has left hundreds of thousands in the Gulf region with flooded communities, damaged homes, downed power lines, and destruction that could take years to rebuild. Americans and organizations across the country have stepped up to volunteer in the disaster zone or send funds and other resources to aid those in… Read More Manufacturers have donated over $36 million to Harvey relief efforts. Here’s a list of what they’re doing.
Bass Pro Shops is assisting the Houston-area with Hurricane Harvey relief efforts by providing dozens of boats to rescue and relief efforts. The outdoor retail giant is coordinating with local, state and federal agencies – including police, fire and rescue teams on the ground, according to a news release. They will be providing more than… Read More Bass Pro Shops donate boats to Harvey rescue efforts in Texas
Anheuser-Busch will deliver five additional truckloads – over 255,000 cans – of emergency drinking water to Corpus Christie, Houston, and Austin to aid Hurricane Harvey response efforts. These deliveries come after three initial truckloads were delivered to the Gulf Coast earlier this week, bringing the total number of cans provided to over 410,000. The first… Read More Anheuser-Busch sends additional five truckloads of emergency drinking water to support Hurricane Harvey relief efforts in Texas
According to KSMU, President Donald Trump plans to visit Springfield, Missouri this Wednesday to deliver a speech on tax policy reform. Lisa Cox, spokesperson with the Springfield Police Department, said in an email to KSMU it “has been contacted about President Trump visiting Springfield sometime on Wednesday, Aug. 30.” No other details were immediately available.… Read More President Trump plans to visit Springfield Wednesday
The Eurozone manufacturing sector expanded further. The Markit Flash Eurozone Manufacturing Purchasing Managers’ Index (PMI) posted a strong reading of 57.4 in August from 56.6 in July. Both output and new orders rose sharply, stemming from the fastest pace in export growth in six-and-a-half years. Germany continued to post a strong reading with 59.4 in August, up from 58.1… Read More NAM: Monday Economic Report