COBRT - Your Pro-Business Advocate - Weekly News - November 19, 2019
LEADERSHIP. REACH. RESULTS.
November 19, 2019
Colorado Business Roundtable is excited to have a date for State of the State! Save the date in your calendar and registration information will be coming soon. If you are interested in sponsorship, please contact Lisa Gregg at [email protected]
Colorado Business Roundtable announced the appointment of Dave Eddy as Chair of Board of Directors. Eddy succeeds Roberta Robinette, AT&T, who served as Chair for the past year. Roberta will finish her term on December 31, 2019 when Eddy will assume the role of Board Chair. "I am excited to lead COBRT moving forward but want to recognize and acknowledge the great job Roberta did leading our organization. Roberta left some big shoes for me to follow but I am anxious to get to work representing COBRT, corporate America, and the greater Colorado business community. Our political system is making our work even more important and relevant and our Board fully accepts the responsibility to be a firm, consistent, positivevoice for business, " said Eddy. "I will work with COBRT's Board, staff, and our valuable partners to execute our mission-driven, pro-active business voice for Colorado." 

Thank you to our sponsors and attendees for attending and supporting the 6th Annual Legislative Reception. We really appreciate your partnership and support. 
We are facing significant challenges in Colorado and the United States -  income inequality, access to quality education, skyrocketing housing prices, congestion and crumbling infrastructure, rising healthcare costs and growing climate concerns. Here in Colorado, we are also facing changes to family medical leave, minimum wage, and our health-care system. Politicians love to meet with business owners and stress the importance of industry to their district, but recent policies across state capitals have increasingly targeted businesses, making the ease and cost of doing business more challenging. What then is the role of business to help solve and contribute to the solutions that will positively impact families, communities and the environment? 


Colorado Business Roundtable was honored to speak at WorldDenver with Canadian Consul General. 

Colorado Business Roundtable was honored to speak at MSU Denver for DACA with Attorney General, Secretary of State and other business leaders. 
U.S. House Speaker Nancy Pelosi on Thursday said a breakthrough in talks with the Trump administration on the trade pact with Mexico and Canada could be imminent and that she wanted to pass the deal by the end of the year. "We are moving positively in terms of the U.S.-Mexico-Canada agreement. Again, it all comes down to enforcement," she told reporters at a news conference "I do believe that if we can get this to the place it needs to be, which is imminent, that this can be a template for future trade agreements." 

In late September, Gov. Jared Polis asked the Paid Family and Medical Leave Task Force to consider two options that might make the implementation of the long-sought statewide insurance system providing such leave to every Colorado worker a little easier to implement: (1) a ramp-up period giving small businesses extra years to deal with the mandate and (2) the creation of a mandate that could be met by purchases from private insurers. 

The U.S. Air Force contracted Lockheed Martin Space to manage a classified military satellite communications program over the next 10 years, a project worth up to $3.3 billion for the company. The Jefferson County-based company on Friday won the sole-source contract to combine operations of the communications networks using the Advanced Extremely High Frequency, Milstar and Defense Satellite Communications System satellite fleets. 

Hundreds of thousands of salaried Colorado workers who were previously exempt from rules requiring that they receive overtime wages would have to get time-and-a-half pay once they cross a 40-hour weekly threshold under an updated rule proposed Monday by Gov. Jared Polis' administration. Currently, only salaried workers who make $23,660 a year or less - a federal threshold set back in 2004 by then-President George W. Bush that now hovers just above the annual salary for someone making minimum wage in Colorado - must get overtime pay if their job includes any type of executive, administrative or professional duties. A new rule put in place by President Donald Trump takes that minimum exempt salary to $35,568 as of Jan. 1. 

Business Roundtable Forum On Diversity And Inclusion Prompts Productive Discussions
Reflecting CEOs' emphasis on diversity and inclusion, more than 125 chief diversity officers and other senior executives from 75 member companies participated in an afternoon forum Wednesday, "Advancing a Culture of Conscious Inclusion in Corporate America." The forum opened with welcoming remarks from President & CEO Joshua Bolten and, via video, Alex Gorsky, Chairman of the Board and Chairman and Chief Executive Officer, Johnson & Johnson, and Chair of the Corporate Governance Committee. The day featured a panel on business' commitment to diversity and inclusion, two extensive and productive strategic discussions, and remarks by Representative Cedric Richmond (D-LA), immediate past Chair of the Congressional Black Caucus. The forum kicked off the next phase of the Business Roundtable work on these issues.
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12/09/19
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