U.S. Chamber of Commerce News

Delaware Bans ‘Loser-Pays’ Fee-Shifting Bylaws in Corporate Class Actions

Delaware’s governor has signed into law a ban on companies adopting rules that could force investors who bring and lose certain lawsuits to pay the company’s legal costs, disappointing business groups. The U.S. Chamber of Commerce had embraced the use …

Climate Change Bottom-Line Talk Grows, S&P Director Says

Companies and governments worldwide are changing their behaviors and examining their risks in the face of climate change, a managing director for Standard & Poor’s said as he held up the insurance industry as a good example of how to …

U.S. Chamber, BUSINESSEUROPE Urge TTIP Agreement Adoption

U.S. Chamber of Commerce President and CEO Thomas J. Donohue recently met with BUSINESSEUROPE President Emma Marcegaglia and Director General Markus Beyrer, as well as leaders of business federations and companies from Croatia, Denmark, France, Germany, Greece, Iceland, Ireland, Italy, …

Chamber Calls for Stricter Rules on Systemic Risk Designations on Insurers

The U.S. Chamber of Commerce is calling for rules that would make it more difficult for a group of regulators to subject financial companies to stricter oversight. A vote of three-quarters of the Financial Stability Oversight Council should be required …

‘Commercial Ties,’ ‘Economic Growth’ Top EU/U.S. Trade Talk Agenda

Marjorie Chorlins, the U.S. Chamber of Commerce Senior Director for Europe, issued a statement itemizing the Chamber’s views on the opening round of negotiations between the U.S. and Europe for the Transatlantic Trade and Investment Partnership (TTIP). She made the …

U.S. Chamber Joins Partners to Support Transatlantic Trade Agreement

The U.S. Chamber of Commerce said it has “joined with its partners in the Business Coalition for Transatlantic Trade (BCTT) and leaders in government from both the U.S. and EU for an event to formally launch the coalition on Capitol …

U.S. Chamber, European Business Call for Removing Transatlantic Trade Barriers

The U.S. Chamber of Commerce and BUSINESSEUROPE have issued the following statement in a letter signed by twelve U.S. and European business associations to President Obama and EU Presidents Van Rompuy and Barroso, calling for urgent action to create a …

U.S. Drops Major Anti-Bribery Prosecution

The Obama administration on Tuesday dropped a major bribery prosecution that had been part of a campaign to crack down on corruption after the government suffered several setbacks in court in a case involving military equipment sales. Federal prosecutors moved …

Business Lobby Looks to Soften Foreign Corrupt Practices Act

The U.S. Chamber of Commerce has put reshaping a U.S. anti-bribery law near the top of its legislative wish list, setting up a battle pitting the powerful business lobby group against supporters of the statute who say it helps fight …

U.S. Chamber of Commerce President Reaffirms Support for Ireland

Ireland has been much in the news recently, and not just for its economic woes. The visit by the UK’s Queen Elizabeth II, the first by a British monarch in 100 years, and the upcoming visit of President Obama, as …