IE 11 is not supported. For an optimal experience visit our site on another browser.

Business Latest: Cruz plays 'Shutdown Chicken'

The Texas Senator, who almost single-handedly persuaded Republicans to shut down the government in 2013 is back at it in the waning days of the 113th Congress.
Sen. Ted Cruz speaks at the 2014 Values Voter Summit in Washington on Sept. 26, 2014. (Manuel Balce Ceneta/AP)
Sen. Ted Cruz speaks at the 2014 Values Voter Summit in Washington on Sept. 26, 2014.

CRUZ PLAYS ‘SHUTDOWN CHICKEN’: The Texas Senator, who almost single-handedly persuaded House Republicans to shut down the government in 2013 – with disastrous political results – is back at it in the waning days of the 113th Congress. Read more 

OBAMA, EXECUTIVE LOVEFEST: There's a reason a relaxed President Barack Obama lingered so long on Wednesday with members of the Business Roundtable. He was enjoying their company.That's not as odd as it sounds for a president sometimes reputed to be hostile toward business. Read more 

 

OBAMACARE LITIGATION RISK: There potentially are more legal challenges to Obamacare on the horizon. CEOs are upset about EEOC complaints against a handful of firms for allegedly coercive wellness plans. The BRT recently wrote HHS, Treasury & DOL for some relief, because they've already put plans in place. And the wellness plan complaints aren’t the only risk for legal action.  Travelers thinks firms also face suits from independent contractors under the employer mandate, demanding coverage if they work more than 30 hours, not to mention penalties for not reporting on variable workforce accurately. Read more 

STOCKS END SLIGHTLY LOWER AHEAD OF PAYROLLS REPORT: Read more