All articles tagged with #business climate
Originally Published 2 months ago — by Bloomberg
Illinois Governor JB Pritzker opposes Chicago Mayor Brandon Johnson's plan to reintroduce a tax on large corporate payrolls, arguing it would deter major employers and harm the city's economic recovery efforts. Pritzker advocates for cost-cutting measures instead to address the city's budget deficit and improve Chicago's business environment.
Originally Published 4 months ago — by Los Angeles Times
Playboy is moving its headquarters from Los Angeles to Miami Beach, citing California's high costs and anti-business environment, and plans to establish new facilities including a club and multimedia studios, as part of a broader trend of companies leaving California for more business-friendly states like Florida.
Originally Published 5 months ago — by NBC News
The article discusses how former President Trump has adopted an unprecedented interventionist approach towards corporations, involving direct negotiations, threats, and strategic deals to influence business practices, which has raised concerns about its impact on the business climate and regulatory environment.
Originally Published 2 years ago — by New York Post
New York's position as the nation's financial services capital is being threatened by high taxes and a poor business climate, leading to a decline in the population of high-income residents. A study by the Business Council of New York State revealed that states like Texas, Florida, North Carolina, and Georgia have been attracting talent and investment in the finance sector, while New York's employment growth has remained below national trends. The study emphasizes the need for New York to address its tax burden, business climate, and cost of living to maintain its position as a leader in finance and insurance. The state's financial services industry is crucial to its economy, with each employee generating nearly three additional jobs in other sectors.