Commerce News
Commerce
U.S. Department of Commerce's National Telecommunications and Information Administration recently announced more than $930 million to expand and strengthen the nation's high-speed internet.
Commerce
Wilkins: 'We are heartened to learn that Maine has repealed its Certificate of Public Advantage law'
The Federal Trade Commission policy director cheered on the state of Maine's decision to repeal its Hospital and Health Care Provider Cooperation Act.
Commerce
Crédit Mutuel Alliance Fédérale, Euro-Information continue collaboration with IBM to shape bank’s quantum future
IBM, Crédit Mutuel Alliance Fédérale and Euro-Information recently announced their sustained investment in quantum computing.
Commerce
Waters on digital asset discussion draft: 'I have some initial concerns'
Ranking Member Maxine Waters (D-CA) expressed concern that the draft of a bill aimed at implementing regulations in the crypto industry would allow companies currently facing enforcement actions to continue operating.
Commerce
Raghavan: New information system can ‘connect small suppliers to more opportunities in the supply chain’
A nationwide network that partners with U.S. manufacturers has given approximately $400,000 each to its centers to help develop programs to make domestic supply chains more resilient and efficient.
Commerce
EC's Vestager: If Google's adtech 'practices are illegal, we need to ensure that they are brought effectively to an end'
The European Commission announced measures taken in its investigation of Google, according to a June 14 statement release.
Commerce
ITIF's Ezell: 'It's time for the U.S. government to reassert itself as a global champion for IP'
The ITIF, a think tank for science and technology policy, has released a report it says refutes nine points that critics often use to lobby for weaker intellectual property oversight.
Commerce
L'Heureux: Arrival of El Niño ‘can cause a range of impacts’
A climate pattern in the Pacific Ocean that affects weather worldwide has emerged and is expected to strengthen into the winter.
Commerce
Antoni: 'The debt ceiling negotiations were a missed opportunity to rein in that spending'
The Bureau of Labor Statistics released the consumer price index (CPI) for May, which showed inflation of more than 4% from last year.
Commerce
Tai: 'We will continue this journey until all stand on equal footing'
U.S. Trade Ambassador Katherine Tai observed June as Pride Month by pledging that the Biden administration will champion the rights of LGBTQI+ individuals everywhere.
Commerce
Raimondo: $1.7 million for ‘Guilford Technical Community College will increase truck driving training opportunities’
Guilford Technical Community College in Jamestown, N.C., has been awarded a $1.7 million grant through the U.S. Department of Commerce’s Economic Development Administration for construction of a truck driver training facility.
Commerce
Former CFTC commissioner: 'SEC should be working with Congress and responsible, U.S.-based crypto companies to provide clarity – not deepen the confusion'
Former CFTC Commissioner Brian Quintenz, now the head of policy at venture capital firm Andreessen Horowitz, is calling on the U.S. Securities and Exchange Commission (SEC) to stop its barrage of lawsuits against cryptocurrency companies and instead work with legislators to establish clear regulatory guidelines for the industry.
Commerce
CEO of Salesforce: 'AI Cloud will unlock incredible innovation, productivity and efficiency for every company'
Marc Benioff, CEO of Salesforce, said that AI Cloud provides an answer to the universal demand for AI integration within companies. He points out that companies are increasingly desiring to become involved in AI, and Salesforce's new product lets them do exactly that.
Commerce
Tai: 'The RRM is an effective enforcement tool'
The United States has asked the government of Mexico to investigate whether workers at a global manufacturer with a foundry in Mexico have been denied their right to unionize.
Commerce
Strickland: 'FTC comes and lays out the facts re: UNC's hospital monopoly bill'
A bill is currently under consideration in North Carolina that aims to provide protection to the University of North Carolina Health Care System against potential antitrust challenges.
Commerce
USTR spokesperson on trade agreement: 'We thank our Taiwan partners for helping us achieve this important milestone'
The United States and Taiwan have entered the first agreement under their Initiative on 21st Century Trade, designed to strengthen the economic and trade partnership between the two nations.
Commerce
Grewal: 'You simply can’t ignore the rules because you don’t like them'
The U.S. Securities and Exchange Commission announced the filing of charges against Coinbase for operating without required registrations as a securities exchange, broker and cleaning agency.
Commerce
Binance on SEC request to freeze funds: 'No "emergency"… other than the one manufactured by the SEC'
The SEC is seeking an emergency temporary restraining order (TRO) against Binance to freeze assets tied to Binance.US. In response, Binance has filed a memo with the Court challenging the SEC's "emergency" claim, calling it "manufactured" for the SEC's "purposes” of gaining a legal advantage unsupported by fact.
Commerce
Bonta: 'Opioid addiction treatments should be accessible to everyone'
The U.S. Department of Justice announced Indivior agreed to pay $102.5 million in a settlement with 41 states and the District of Columbia.
Commerce
Levine: Amazon 'sacrificed privacy for profits'
The Federal Trade Commission recently announced legal action against Amazon for violating children's privacy law by storing kids' Alexa voice recordings and disregarding parental deletion requests.
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