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Washington — In a move that tries to balance the fight against climate change with difficult business and political realities, President Joe Biden’s administration on Friday scaled back fuel economy standards set for new vehicle sales into the next decade. The administration released its final regulation Corporate Average Fuel Economy standards, commonly known as CAFE. The new rules represent a final piece in Biden’s vision — put into practice by a series of regulations — for how big a role the auto industry should play in curbing U.S. greenhouse gas emissions. The standards come as the president faces a tough reelection battle this fall with former President Donald Trump, a persistent critic of electric vehicles and high fuel economy standards. Trump has vowed on this year’s campaign trail to do away with policies he frequently labels as electric vehicle mandates. Such comments have helped turn zero-emission electric vehicles — so far a rocky, unprofitable business for most domestic...

Leading a technology team these days — whether you’re a chief information officer, chief innovation officer, or other IT manager — is no longer a matter of corralling programmers and administrators into a common purpose. Now, CIOs and other tech leaders need to corral the rest of the business into their orbits as well. The question is: Are IT teams still too entangled in managing infrastructure, applications, and related security issues to lead their businesses down new paths?   Also: 5 ways to prepare for the impact of generative AI on the IT profession Technology leaders such as CIOs are increasingly tasked with running the business and moving it forward, a recent Deloitte survey of 211 CIOs confirms. Close to half of the respondents, 46%, report their greatest priority this year is shaping, aligning, and delivering a unified tech strategy and vision.  In addition, they have high visibility, and many roles beyond the CIO are now involved. Nearly two-thirds (63...

The Union County Board of County Commissioners reminds residents that the deadline to register for the 10th annual Union County Women Mean Business Summit (UCWMB) is approaching. The event will take place on Tuesday, June 11, 2024, from 9:00 a.m. to 3:00 p.m. at the Galloping Hill Golf Course, located at 3 Golf Drive in Kenilworth. To register, please visit www.ucnj.org/ucwmb/. The deadline to register is 12:00 p.m. noon on Monday, June 10 th . “This conference is a great opportunity to network and learn from fellow female entrepreneurs, managers, and aspiring businesswomen,” said Union County Chairwoman Kimberly Palmieri-Mouded. “Our expert presenters will address current topics relevant to women’s experiences and challenges in business today. Join us to expand your network and elevate your business.” The UCWMB Conference will include breakfast and lunch, as well as two breakout sessions where attendees can choose from two presentations during each session. 9:40 a.m. – 10:40 a.m. ...

Growth: it’s the universal business aspiration. But delivering it is only half the battle. As any business leader will tell you, managing it is just as much of a challenge. When a company morphs from a few hires into an established enterprise, potentially spread across multiple geographies, leadership styles must adapt accordingly. For practically any organization, there are proven strategies for managing complexity. Two-way feedback sessions between managers on different tiers can be helpful, so too careful goal setting to align every individual’s development with what the business is ultimately trying to achieve. But not all advice is so one-size-fits-all. Mike Henderson, HSBC UK’s Head of Leveraged Finance, says that ‘‘businesses need to consider the unique dynamics of their industry, market, organizational structure, culture, and ultimate ambitions to determine which leadership strategies will yield the greatest results.’’ Here, three experienced business leaders offer leadership...

Amazon’s Black Business Accelerator and Boss Women Media joined forces to empower Black women entrepreneurs through The Founders Breakfast Masterclass, a special event held at the Joule Hotel in downtown Dallas. The inaugural gathering featured a series of announcements and a platform for successful entrepreneurs to share their wisdom on launching brands. Marty McDonald, founder and CEO of Boss Women Media, and Danyel Surrency Jones, Head of Amazon’s Black Business Accelerator and Growth Accelerators, were among the key figures at the event. Marty McDonald, founder and CEO, Boss Women Media, and Danyel Surrency Jones, Head of Amazon’s Black Business Accelerator and Growth Accelerators. [Photo: Amazon] Urban Hydration, a trailblazing skincare brand, announced its acceptance into the Amazon Black Owned Business Accelerator program, a launchpad for success in the e-commerce arena. Boss Women Media’s CEO, Marty McDonald, unveiled the debut of her infant/toddler brand, Elle Olivia, on Amaz...

Rob Simmons has always wanted to open his own place. In October, the 59-year-old Novato resident, who has a background in gaming and graphic design, secured a lease. By the end of March, Pixels Arcade Taproom at 1137 Fourth St. in San Rafael was open for business. It’s just like it sounds: a hall full of classic arcade games such as Pac-Man and Ms. Pac Man, Centipede, Donkey Kong, pinball and more. It also has a console gaming lounge with Xbox and PlayStation, all of which can be enjoyed with beer and wine. “The city has been very approachable and supportive,” Simmons said. “Their communication is great. Professional yet friendly and personable.” It’s an experience for new business owners that city staffers hope to replicate with a fresh campaign marketing San Rafael as a business-friendly city. The initiative — called San Rafael Go — was introduced at a City Council meeting on June 3. It’s an expansion of city services to the business community but with an aim to get people the answe...

Check out what’s clicking on FoxBusiness.com An New York-based international businessman once described as one of “the most global consultants and speakers in the world,” was sentenced to prison and ordered to pay back over $6 million to victims of a wine-and-dine fraud scheme he operated.  The Department of Justice (DOJ) announced on Monday that 58-year-old Omar Khan was sentenced to two years in prison in connection with an investment fraud scheme involving rare and expensive wines and the impersonation of his attorney during the scheme. On March 28, 2024, Khan pleaded guilty to a single count of aggravated identity theft. “Whether a fraudulent scheme involves business ventures, cryptocurrency, or expensive wines, the career prosecutors of this Office will bring justice to the perpetrators of these crimes,” said Damian Williams, the U.S. attorney for the Southern District of New York. “Omar Khan fleeced his victims of millions of dollars, leaving devastation in the wake of his...