business groups
Coverage of business groups in the Nexus archive.
- US public pension funds and business groups clash on SEC climate risk disclosure shift
US public pension funds and business groups are currently clashing regarding an SEC climate risk disclosure shift. In response to the regulator, major entities such as Vanguard and Norway’s sovereign wealth fund have all issued a cautious reaction.
- States begin banning ‘surveillance pricing’ that uses personal data to charge more
Connecticut, Maryland, and New Jersey have enacted laws to restrict companies from using personal data for surveillance pricing, a practice that sets individualized prices for goods and services. The laws vary in scope, with exceptions for loyalty programs and supply-based pricing, but face opposition from business groups concerned about overreach. At least 11 other states considered similar legislation.
- NJ has no workplace protections for the heat. A bill to create them is languishing.
New Jersey lacks workplace protections for heat exposure, and a bill introduced by state Sen. Joe Cryan to address this issue is stalled. Business groups oppose the bill, arguing it duplicates federal guidelines and would impose excessive costs.
- $30 minimum wage qualifies for November election ballot, coalition says
A $30 minimum wage measure has qualified for the November election ballot, according to a coalition called Living Wage For All. The initiative faces opposition from business groups, as past wage measures have also encountered resistance.
- Reversing UK employment tax rises ‘would do little to help young people find jobs’
The Resolution Foundation advises against reversing UK employment tax increases to boost youth employment, advocating instead for increased funding for apprenticeships and youth support grants. A study by the thinktank found that cutting employers’ national insurance contributions and reducing the minimum wage for under-21s would have minimal impact on job prospects for younger workers.
- Pulling Customs From ‘Sanctuary’ City Airports Would Cause Chaos, Business Groups Say
Business groups warn that removing customs operations from sanctuary city airports would cause chaos. Homeland Security Secretary Markwayne Mullin was at Joint Base Andrews in Maryland earlier this month.