Economic uncertainty grows as IBM pays $1.5 billion to leave Vermont

By   /  October 21, 2014  /  Business, Economy, Jobs + Growth, News, Vermont  /  No Comments

AP photo

IBM became the latest company to exit Vermont as Big Blue announced Monday it will pay Abu Dhabi-owned GlobalFoundries $1.5 billion take its money-losing Essex Junction semiconductor business off its hands.

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Ohio ranks 12th for cronyist state

By   /  October 20, 2014  /  Abuse of power, Business, Jobs + Growth, State Government, Wasteful spending, Watchdog Citizen News  /  No Comments

Shutterstock Image

By Stephanie Kreuz | WatchdogWire.com
Does Ohio play fair? Or smart? When it comes to the number of dollars spent in subsidies, Ohio ranks the 12th cronyist.
The Mercatus Center recently illustrated how states rank in providing benefits to particular companies, rather than providing better opportunity for all companies.
 
Ohio’s neighboring states ranked fourth (Michigan), fifth (Kentucky), seventh (Indiana), and 11th (Pennsylvania) in [...]

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Denver’s paperwork burdens women-owned businesses

By   /  October 20, 2014  /  Business, Colorado, Economy, Jobs + Growth, Spying, State Government, Watchdog Citizen News  /  No Comments

Shutterstock Image

By Joshua Sharf | WatchdogWire.com
Denver’s process for certifying women-owned small businesses not only duplicates the federal paperwork, it includes several provisions that are significantly more intrusive, and puts potentially sensitive information in the hands of government employees.
The federal Women-Owned Small Business certification process is administered by the U.S. Women’s Chamber of Commerce, while the City [...]

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How ‘Fight for 15′ will lead to ‘Smart Dining’ and fewer jobs

By   /  October 15, 2014  /  Business, Economy, unions, Watchdog Citizen News  /  No Comments

Photo by Steve Genson

By Melissa Genson | WatchdogWire.com
With President Obama’s blessing, organized labor unions have focused their ‘Fight for 15′ minimum wage movement on food service workers in large corporations.
Across the country, support has been growing.
Ironically, those big corporations are the most prepared to compensate for increased labor costs with “Smart Dining” — replacing workers with machines.
Restaurant chains [...]

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St. Paul bills businesses thousands for light rail work

By   /  October 14, 2014  /  Business, Government Regulation, Local Government, Minnesota, News, transportation  /  No Comments

Light Rail-Central Corridor

Just as St. Paul retailers began recovering from an average 30 percent loss in sales during the new $1 billion light rail line’s construction, dozens of businesses received a bill from the city’s Office of Financial Services for street improvements tied to the construction of the 11-mile-long line.

“I think it sucks, but you have to pay for it, you know?” said Evangelos Hatzistamoulos, who received a $1,585.82 tax notice for the curbside work outside the Best Steak House.

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Excessive regulations won’t build a perfect world

By   /  October 13, 2014  /  Business, Commentary, Economy, Energy and Environment, Mississippi, Regulations  /  No Comments

Photo illustration by Steve Wilson

Excessive regulations at every level are squeezing the life out of the business community and consumers will feel the pinch.

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