Power company Exelon Corp. is now officially the next company to join the list of disgruntled companies quitting the U.S. Chamber of Commerce. A significant amount of companies have already left the chamber, complaining about its stance on federal climate-change legislation that could potentially have a negative impact on several of these companies’ business.
 
Exelon, the nation’s biggest nuclear power plant operator, left the chamber in much the same fashion as the other power companies dissenting from the Chamber of Commerce, highlighting a growing divide between American power companies and the government. Power companies are concerned over the government’s slowness in …read more

As most people are already aware, the financial crisis has been largely blamed on excessive risks taken on the part of financial systems that aimed to bring in huge paydays for bank employees. Now, though, the Federal Reserve plans to implement several rules that will change how banks pay their employees in order to avoid dangerous risk-taking.
 
The government has faced enormous pressure from both the outraged public and from other countries, such as France and Germany, to curb these harmful practices. In response to these desires, the Fed has finally rolled out a series of guidelines that will come into …read more