Content about Government

December 15, 2014

Porch.com CEO Matt Ehrlichman has been named the USA Today Entrepreneur of the Year for 2014.

Porch.com CEO Matt Ehrlichman has been named the USA Today Entrepreneur of the Year for 2014.

Key criteria of the award included exhibiting significant growth this year and solving a consumer problem.

Ehrlichman won the honor after a team of USA Today editors sorted through 10 finalists.

November 4, 2014

Sales continued to decline at Office Depot in the third quarter, but CEO Roland Smith said excellent execution allowed operating profits to more than double.

Sales continued to decline at Office Depot in the third quarter, but CEO Roland Smith said excellent execution allowed operating profits to more than double.

Total company sales on a pro-forma basis to reflect the merger of Office Depot and OfficeMax declined 3% to $4.1 billion during the period ended Sept. 27. The top line decline was steeper at the company’s 1,851 unit North American retail division where sales declined 7% to $1.7 billion due to store closures and a 3% same store sales decline driven by a reduced transaction volume. 

October 22, 2014

Family Dollar Stores on Tuesday announced that it has certified substantial compliance with both the Federal Trade Commission’s second request regarding the acquisition by Dollar Tree, as well as the second request regarding Dollar General's bid for the company.

October 7, 2014

PepsiCo has appointed Tony West EVP of government affairs, general counsel and corporate secretary, effective Nov. 24. He succeeds Larry Thompson, who is retiring after almost a decade of service.

PepsiCo has appointed Tony West EVP of government affairs, general counsel and corporate secretary, effective Nov. 24. He succeeds Larry Thompson, who is retiring after almost a decade of service.

June 26, 2014

Executive authority suffered a blow this week when the U.S. Supreme Court sided with Pepsi distributor Noel Canning in a dispute over president Barack Obama’s use of an arcane “recess appointments” clause to load the National Labor Relations Board with pro-union choices.

Executive authority suffered a blow this week when the U.S. Supreme Court sided with Pepsi distributor Noel Canning in a dispute over president Barack Obama’s use of an arcane “recess appointments” clause to load the National Labor Relations Board with pro-union choices.

May 22, 2014

Overstock.com released a statement lamenting the decision of Senate Judiciary Committee Chairman Patrick Leahy to delay patent troll litigation reform legislation — the same legislation requested by President Obama and passed by the House of Representatives.

Overstock.com released a statement lamenting the decision of Senate Judiciary Committee Chairman Patrick Leahy to delay patent troll litigation reform legislation — the same legislation requested by President Obama and passed by the House of Representatives.

May 6, 2014

Office Depot said it plans to close 400 of its 2,000 stores as it looks to realize efficiencies related to its merger with OfficeMax.

Office Depot said it plans to close 400 of its 2,000 stores as it looks to realize efficiencies related to its merger with OfficeMax.

An estimated 150 of the stores will close this year, according to company, which reported first quarter results and continued weakness in same store sales. The company anticipates that the closures will generate annual run-rate synergies of at least $75 million by the end of 2016 and will begin to be accretive to earnings in 2015.

January 14, 2014

Environmental Defense Fund has hired Diane Munns as senior director, smart power collaboration.

Environmental Defense Fund has hired Diane Munns as senior director, smart power collaboration.

Munns joins EDF from MidAmerican Energy Company where she served as VP of regulatory relations and energy efficiency since 2008. She represented the company at national and regional regulatory forums and was responsible for direct management of the energy efficiency group, including strategy, personnel, budget and compliance.

December 4, 2013

Robert Adler was named acting chairman of the U.S. Consumer Product Safety Commission to fill a position vacated by former chairman Inez Tenenbaum.

Robert Adler was named acting chairman of the U.S. Consumer Product Safety Commission to fill a position vacated by former chairman Inez Tenenbaum.

Adler joined the CPSC, an agency that exerts tremendous influence over the consumer packaged goods and retail industries, in 2009 when he was appointed by president Barack Obama. Prior to his appointment Adler served on the Obama Transition Team and and co-authored a report on the CPSC for the administration.

October 16, 2013

The National Association of Chain Drug Stores (NACDS) has announced that former Secretary of Defense Leon Panetta will be a keynote speaker at the 2014 NACDS annual meeting, which will be held April 26-29 in Scottsdale, Ariz.

The National Association of Chain Drug Stores (NACDS) has announced that former Secretary of Defense Leon Panetta will be a keynote speaker at the 2014 NACDS annual meeting, which will be held April 26-29 in Scottsdale, Ariz.

September 13, 2013

CVS unveiled the details of a company-wide information and outreach program to help customers navigate their insurance options under the new healthcare law during a store visit in Orlando with U.S. Health and Human Services Secretary Kathleen Sebelius.

CVS unveiled the details of a company-wide information and outreach program to help customers navigate their insurance options under the new healthcare law during a store visit in Orlando with U.S. Health and Human Services Secretary Kathleen Sebelius.

The program includes retail events and brochure displays at more than 7,500 CVS/pharmacy stores and 650 MinuteClinic locations. Information is also available online at cvs.com/insurance.

September 12, 2013

District of Columbia Mayor Vincent Gray this week vetoed one of the most wrong-headed regulations ever proposed and the nation’s two leading retail trade groups were quick to praise the action.

District of Columbia Mayor Vincent Gray this week vetoed one of the most wrong-headed regulations ever proposed and the nation’s two leading retail trade groups were quick to praise the action.

August 5, 2013

President Bill Clinton and Chelsea Clinton visited Kanombe school in Kigali, Rwanda, to see the P&G Purifier of Water packets at work as part of Procter and Gamble’s Clinton Global Initiative Commitment to Action to provide clean drinking water to those who need it most.

President Bill Clinton and Chelsea Clinton visited Kanombe school in Kigali, Rwanda, to see the P&G Purifier of Water packets at work as part of Procter and Gamble’s Clinton Global Initiative Commitment to Action to provide clean drinking water to those who need it most. 

June 20, 2013

The National Retail Federation welcomed today’s announcement that the Federal Trade Commission plans to investigate patent trolls.

WASHINGTON — The National Retail Federation welcomed today’s announcement that the Federal Trade Commission plans to investigate patent trolls. 

“Patent trolls are a drain on the economy,” NRF SVP and general counsel Mallory Duncan said. “It’s time for Washington to put an end to this abuse of our nation’s laws. Seeing this issue receive top-level attention from the FTC is a significant development.”

June 11, 2013

Overstock.com announced it would resume using Missouri advertisers after Missouri Gov. Jay Nixon's veto of the recently enacted affiliate nexus bill. The bill sought to recruit remote sellers into state sales tax collection if they continued to use Missouri Internet advertisers.

SALT LAKE CITY — Overstock.com announced it would resume using Missouri advertisers after Missouri Gov. Jay Nixon's veto of the recently enacted affiliate nexus bill. The bill sought to recruit remote sellers into state sales tax collection if they continued to use Missouri Internet advertisers.

April 24, 2013

The Senate has voted unanimously to confirm former Walmart Foundation President Sylvia Mathews Burwell as White House budget director, according to a Reuters report.

The Senate has voted unanimously to confirm former Walmart Foundation President Sylvia Mathews Burwell as White House budget director, according to a Reuters report.
The report went on to state that the 96-0 vote marks the first time the White House has had a fully confirmed budget director since January 2012, when Jack Lew, now Treasury Secretary, left the position to become Obama's chief of staff.

April 11, 2013

L.Brands, parent of Victoria's Secret, reported better-than-expected 3% sales in same-store sales for March. Zumiez Inc. and Buckle Inc. also both reported better-than-expected numbers.

NEW YORK — L.Brands, parent of Victoria's Secret, reported better-than-expected 3% sales in same-store sales for March. Zumiez Inc. and Buckle Inc. also both reported better-than-expected numbers.

But other retailers were hampered by a colder-than-normal March, which caused many shoppers to put off buying warmer-weather clothing, and an early Easter. At The TJX Companies, same-store sales fell 2% in March, a bigger drop than was expected.

March 11, 2013

The board of directors of the General Electric Company nominated former Securities and Exchange Commission chairman Mary Schapiro to serve on its board.

The board of directors of the General Electric Company nominated former Securities and Exchange Commission chairman Mary Schapiro to serve on its board.

Schapiro will stand for election at GE’s annual meeting on April 24, the company said.

February 14, 2013

The apparent advantage online retailers have over their brick-and-mortar counterparts may soon be gone now that new legislation seeking to enforce the collection of sales tax for all retailers has been introduced.

The apparent advantage online retailers have over their brick-and-mortar counterparts may soon be gone now that new legislation seeking to enforce the collection of sales tax for all retailers has been introduced.

January 21, 2013

A supermarket chain in the Washington area is marking Inauguration Day by donating lunches to the police officers assigned to guard it.

LANDOVER, Md. — A supermarket chain in the Washington area is marking Inauguration Day by donating lunches to the police officers assigned to guard it.

Ahold banner Giant Food of Landover, Md. — also known as Giant-Landover to distinguish it from fellow Ahold banner Giant Food Stores of Carlisle, Pa. — said it would donate boxed lunches and water to the 5,000 officers of the Washington Metropolitan Police Department, U.S. Park Police and National Park Service.

January 18, 2013

The National Association of Chain Drug Stores has announced former Secretary of Defense Robert M. Gates as the keynote speaker for the 2013 NACDS Annual Meeting, which will be held April 20 to 23 in Palm Beach, Fla.

ARLINGTON, Va. — The National Association of Chain Drug Stores has announced former Secretary of Defense Robert M. Gates as the keynote speaker for the 2013 NACDS Annual Meeting, which will be held April 20 to 23 in Palm Beach, Fla.

April 17, 2012

The Retail Industry Leaders Association (RILA) has expressed its support of this week's announcement by President Barack Obama and U.S. Trade Representative Ron Kirk that the U.S.-Colombia Trade Promotion Agreement will enter into force on May 15.

ARLINGTON, Va. — The Retail Industry Leaders Association (RILA) has expressed its support of this week's announcement by President Barack Obama and U.S. Trade Representative Ron Kirk that the U.S.-Colombia Trade Promotion Agreement will enter into force on May 15.

November 17, 2011

Ezequiel Gómez Berard, CEO of Walmart Argentina, joined the Argentine President Cristina Fernández de Kirchner, Industry Minister Débora Giorigi, Economy Minister (Vice President elected) Amado Boudou, Osvaldo Mosteirin, Walmart Argentina CAO; Horacio Barbeito, Walmart Argentina CMO, and Hernán Carboni, Walmart director of corporate affairs, in the office of the Argentine President to discuss Walmart's progress in Argentina.

BUENOS AIRES  — Ezequiel Gómez Berard, CEO of Walmart Argentina, joined the Argentine President Cristina Fernández de Kirchner, Industry Minister Débora Giorigi, Economy Minister (Vice President elected) Amado Boudou, Osvaldo Mosteirin, Walmart Argentina CAO; Horacio Barbeito, Walmart Argentina CMO, and Hernán Carboni, Walmart director of corporate affairs, in the office of the Argentine President to discuss Walmart's progress in Argentina.

October 6, 2011

Humana will offer Medicare Part D beneficiaries a prescription drug plan co-branded with Wal-Mart Stores, the two companies said earlier this week.

LOUISVILLE, Ky. — Humana will offer Medicare Part D beneficiaries a prescription drug plan co-branded with Wal-Mart Stores, the two companies said earlier this week.

The plan, originally launched in 2010, will be launched again for 2012 and will include savings on monthly plan premiums, prescription drug copayments and cost-shares for beneficiaries.

May 9, 2011

CVS Caremark Corp. is disclosing another government inquiry into its business, as the company said the Securities and Exchange Commission has requested documents related to its Caremark pharmacy benefits management unit, the Associated Press reported.

NEW YORK — CVS Caremark Corp. is disclosing another government inquiry into its business, as the company said the Securities and Exchange Commission has requested documents related to its Caremark pharmacy benefits management unit, the Associated Press reported.

The company said it received a subpoena from the SEC on Feb. 28.

The agency asked for corporate records on several issues, including public disclosures in 2009 related to pharmacy benefits management and its Medicare Part D prescription-drug benefit businesses.