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(Gov. Murphy photo)
NEW JERSEY – Gov. Murphy has vetoed four bills that deal with the New Jersey economy and allow more governmental oversight over his executive authority
(see list of bills below).
Murphy, who also signed three bills into law, vetoed legislation (A-4810/S-441) on Wednesday that lawmakers say was designed to reduce bureaucratic red tape, improve government efficiency and produce savings for taxpayers.
The vetoed legislation would have created a nine-member Government Efficiency and Regulatory Review Commission to evaluate all proposed and adopted regulations, rules and executive orders. The commission would have considered the impact of rules on the economy and determined if their benefits outweighed the burdens placed on business and government, lawmakers say.
Owners Reconsider Hotels Positioning, Actively Pursue Deals
Hotel Asset Managers Association Survey Shares Insights Into Owner Mindset
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The COVID-19 pandemic is making hotel owners reevaluate their strategies either because of the challenges the pandemic has caused or the opportunities it has created.
The Hotel Asset Managers Association has released its Spring 2021 Industry Outlook Survey, providing insight into the experiences and expectations of asset managers and the owners they work with.
Making Changes
Of the responding asset managers, roughly two-thirds said they did not plan on changing brands or management companies. The remaining third indicated they were, breaking down to 5% for brand changes, 10% for management changes and 15% for both.
Kronos Advanced Technologies Announces Direct Selling Division with GreenTechDirect Kronos Advanced Technologies Inc. Calabasas, California, UNITED STATES
Los Angeles, CA, April 29, 2021 (GLOBE NEWSWIRE) Los Angeles, CA, April 29, 2021 (GLOBE NEWSWIRE) KRONOS ADVANCED TECHNOLOGIES, INC. (OTC MARKETS: KNOS) ( KNOS or the Company ), an innovation-driven product development and production company that has significantly changed the way air is moved, filtered, and sterilized announced its relationship with GreenTechDirect forming a Direct Selling Division- KronosDirect.
“Direct selling continues to be a proven market strategy that provides real value to consumers, entrepreneurs, and corporations,” said Joseph N. Mariano, president of the U.S. Direct Selling Association (DSA). “We are excited to bring 2020 to a close with a positive announcement by recognizing these companies for their determination, innovation, and modest supplemental income oppo
A complete guide to the Bank of Canada and interest rates
Rebecca Cattlin April 21, 2021 3:20 PM
As with any central bank, when the Bank of Canada (BOC) changes interest rates, it can have a knock-on effect to stocks, indices and currencies. Find out everything you need to know about the BOC and how it’s decisions impact financial markets. Share:
What is the Bank of Canada?
The Bank of Canada is Canada’s central bank, which was created to promote the economic and financial welfare of the country. The BOC is responsible for preserving the value of the Canadian dollar and keeping inflation low through monetary policies, printing money and setting interest rates.
4/15/2021 12:59:03 PM GMT | By Eren Sengezer
Philly Fed Manufacturing Index rose sharply in April.
US Dollar Index inches higher toward 91.70 after the data.
The Federal Reserve Bank of Philadelphia reported on Thursday that the headline Manufacturing Activity Index of the Manufacturing Business Outlook Survey imorıoved to 50.2 in April from 44.5 in March. This reading beat the market expectation of 42 by a wide margin.
Further details of the publication showed that the Prices Paid Index edged lower to 69.1 from 72.6, the Employment Index rose to 30.8 from 27.4 and the Six-month Business Conditions Index climbed to 66.6 from 59.1.
Market reaction
The US Dollar Index showed no immediate reaction to this report and was last seen posting small daily gains at 91.67.