TRUMP HAS HALTED 860 PRO­POSED REG­U­LA­TIONS

The Denver Post - - BUSINESS - — Den­ver Post wire ser­vices

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.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.