US federal shutdown enters sixth day as threat of layoffs looms
The U.S. government shutdown entered its sixth day Monday, with Republicans and congressional Democrats still at an impasse and the White House threatening to ramp up pressure by ordering mass layoffs of federal workers. The Republican-led Senate was slated to vote again on dueling measures to fund federal agencies, including a Republican stopgap bill approved by the House of Representatives that would fund operations through Nov. 21, and a Democratic alternative. Neither was expected to receive the 60 votes needed to advance. (Reuters via Yahoo! News)
Report: Online sales this holiday to slow on economic uncertainty
U.S. holiday online sales are expected to grow at a slower pace this year, according to projections by data firm Adobe Analytics released Monday, as economic uncertainty continues to pressure consumer spending. Adobe expects U.S. online sales to rise 5.3% to $253.4 billion between Nov. 1 and Dec. 31, this year, compared with an 8.7% rise last year. Cyber Monday, the Monday after Thanksgiving, is expected to be the biggest online shopping day of the year, with sales rising 6.3% to $14.2 billion on the day, Adobe said. (Reuters via Yahoo! News)
Josh Shapiro is dominating the race for governor of … New Jersey
In the race for New Jersey governor, Republican candidate Jack Ciattarelli and Democratic opponent Rep. Mikie Sherrill frequently point to Pennsylvania as an example of good governance they’d like to emulate. The praise for Pennsylvania underscores its elevated role in American politics: It's the country’s preeminent swing state, governed by a rising political star, and now, a model of governance. (POLITICO)
Study reveals how CEOs become online celebrities – and why it matters
Posting on social media regularly, positively, and with variety can significantly boost a CEO’s visibility and influence – and maybe even their salary, according to a new study led by Stevens Institute of Technology professor Ann Mooney Murphy. The research, published in the Journal of Management Studies, highlights how top executives achieve "celebrity" status online – and why that visibility matters for business and beyond. (BINJE)
NJ Chamber of Commerce Business Roundtable Series
Join us Oct. 21 for a discussion on the the state of transportation
Panelists from the private sector and state government will share updates on approved and proposed projects, as well as funding. The conversation will address challenges and opportunities that businesses face as they navigate the future of moving people and goods. Join us Oct, 21 at 8 a.m. in East Windsor. (N.J. Chamber of Commerce)
NJ Chamber of Commerce Legislator & Business Awards
Join us Oct. 22 as NJ Chamber honors 8 legislators, business leaders
The N.J. Chamber will recognize eight champions of business at its Legislative & Business Awards Reception on Oct. 22, from 5 to 8 p.m., at EisnerAmper headquarters in Iselin. Five legislators will receive the Chamber’s Legislator of the Year awards, while three business and community leaders will be honored for their unwavering commitment to supporting N.J.’s business community The evening will include ample networking with the honorees and guests. More info here. (N.J. Chamber of Commerce)
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