TRUMP HAS HALTED 860 PROPOSED REGULATIONS
WASHINGTON» The Trump administration has withdrawn or delayed 860 proposed regulations in its first five months, the beginnings of a regulatory overhaul meant to bolster economic growth.
Federal agencies have withdrawn 469 proposed regulations compared to a fall 2016 report when Barack Obama was president, according to figures the White House budget office. This includes 19 regulations with an economic impact of $100 million or more. Another 391 regulations have been delayed for further evaluation and consideration.
Federal agencies expect to complete 1,732 regulations this year, roughly a 20 percent reduction compared to the fall of 2016.
President Donald Trump’s push to deregulate has led to concerns among environmentalists, labor unions and consumer watchdogs.
Stanley Hotel restaurant gets “inadequate” ratings.
The Stanley Hotel restaurant has gotten three “inadequate” ratings from Larimer County health inspectors since last July.
Inspectors have visited the historic Estes Park hotel nine times in the past year, citing 67 total violations in the Stanley’s main restaurant, Cascades, during that span, The Coloradoan reported. More than 40 of those were deemed critical violations, which pose the biggest threat to consumers and require immediate corrective action.
“Stanley Hotel places the highest priority on health and safety,” said Stanley Hotel spokesperson Reed Rowley in an emailed statement to The Coloradoan. “Immediate corrections have been made to address all outstanding items.”
U.S. House panel backs testing of self-driving cars.
WASHINGTON» A House panel on Wednesday supported legislation designed to allow automakers to increase the testing of self-driving cars on U.S. roads.
The bill would let automakers deploy up to 100,000 self-driving vehicles without meeting existing auto safety standards, a move designed to boost testing of new technology. The current cap is 2,500.
Weak forecast drops United stock.
Shares of United Airlines’ parent tumbled Wednesday on the company’s weak forecast about revenue trends for the rest of the summer.
United said that a revenue measure that often mirrors average fares would be flat in the third quarter after rising 2.1 percent from April through June. Rival Delta Air Lines gave a much more bullish prediction last week. United Continental Holdings Inc. shares fell $4.66, or 5.9 percent, to close at $74.24.
Spicemaker McCormick buys Reckitt.
LONDON» U.S. spicemaker McCormick & Company has bought Reckitt Benckiser’s food business for $4.2 billion.