Commerce News
Commerce
Visa, the global payment giant, seems to be moving forward in the crypto industry once again after advancing into the space in 2020 but pausing in 2022 due to the high-profile collapses of some crypto companies, like exchange FTX.
Commerce
Keshap: 'Bangladesh is one of the most exciting markets in the world right now'
Atul Keshap, current president of the U.S.-India Business Council and a former U.S. diplomat, has been named President of the U.S.-Bangladesh Business Council by the U.S. Chamber of Commerce.
Commerce
Cook: Apple innovates 'while protecting the planet we share'
Apple announced April 13 the acceleration of its efforts to employ more recycled materials in all its products.
Commerce
Congressional witnesses propose methods for oversight of spot market regulation
Witnesses in a Congressional hearing on April 27 on “The Future of Digital Assets: Identifying the Regulatory Gaps in Spot Market Regulation,” suggested giving the CFTC or a self-regulatory organization oversight authority.
Commerce
Raimondo: 'For over a decade, the U.S. has ranked as the top destination for international companies'
The lineup of U.S. government representatives, business leaders and global executives who will speak at the 2023 SelectUSA Investment Summit has been announced.
Commerce
Graves: Commerce wants to 'ensure the United States remains a leader for business operating in space'
U.S. Deputy Secretary of Commerce Don Graves spoke about the future of the space sector and the need to make it more commercially accessible at the Space Foundation's Space Symposium in Colorado Springs.
Commerce
Raimondo: MDCP 'an incredible opportunity to participate in a program with a track record of creating significant returns on investment
Non-profit industry groups can apply for federal funding of up to $300,000 to support projects that will generate an increase in both U.S. exports and U.S. jobs.
Commerce
Guliani: U.S. ' looks forward to working with the UK and all members of the Global CBPR Forum'
The United Kingdom recently submitted an application to join the Global Cross-Border Privacy Rules Forum as an associate.
Commerce
Khan: Federal Trade Commission prioritizes ‘protecting people's right to repair’
The Federal Trade Commission recently shed light on its commitment to preventing unlawful repair restrictions on consumers during a hearing with the House Energy and Commerce Subcommittee on Consumer Protection and Commerce.
Commerce
Raimondo: Tech Hubs help U.S. in 'developing and delivering critical technologies'
The Economic Development Administration plays a central role in President Biden’s Investing in America agenda and uses the Tech Hubs as an innovation strategy.
Commerce
Assistant Secretary of Commerce for Economic Development Castillo: 'We are grateful to Congress for this disaster relief supplemental funding'
The Economic Development Administration (EDA) announced on April 24 that it is offering funding to address the economic challenges faced by communities that are affected by natural disasters like Hurricanes Fiona and Ian, wildfires, and floods that took place in 2021 and 2022.
Commerce
Raimondo: 'With these smart, targeted investments, we will bolster our economic and national security'
The U.S. Department of Commerce needs Congress' continued support to keep building momentum, Commerce Secretary Gina Raimondo said during a recent budget hearing.
Commerce
Raimondo: 'Equity underpins everything that we do at the Commerce Department'
The U.S. Department of Commerce is there to serve all communities, including those that historically have been underserved, Secretary Gina Raimondo said during a recent civil rights gathering in New York.
Commerce
Graves: 'America’s commercial space industry is vital to our country’s continued global competitiveness'
Russian aggression in Ukraine continues and the U.S. Department of Commerce is doing what it can to counter the invasion, Commerce Deputy Secretary Don Graves said during a recent gathering in Colorado.
Commerce
Altman: 'I think moving with caution and an increasing rigor for safety issues is really important'
A group of leading technology experts signed an open letter calling for a pause in the development of artificial intelligence.
Commerce
Raimondo: 'The Biden-Harris administration is moving aggressively to tackle the climate crisis'
The U.S. Department of Commerce and Vice President Kamala Harris announced on April 21 that $562 million in funding for 149 projects across 30 coastal states and territories will be going toward making those communities and their economies resilient to climate change.
Commerce
Raimondo: Tech center 'will ensure that the U.S. leads the way in the next generation of semiconductor technologies'
The National Institute of Standards and Technology has shared its plans for the National Semiconductor Technology Center, a proposed national center for semiconductor research and production.
Commerce
Owner of California construction company receives 78 months in prison for charges of defrauding U.S. government and bribery
The owner of a construction company has been sentenced to 78 months in prison and ordered to pay nearly $1 million in restitution for defrauding the U.S. government.
Commerce
Secretary Reimondo: 'The Biden-Harris Administration and Department of Commerce are committed to bold conservation goals through the America the Beautiful initiative'
The National Oceanic and Atmospheric Administration (NOAA) announced on April 17 that it is planning to designate a national marine sanctuary in the Pacific Remote Islands area.
Commerce
NTIA: 'In 10 years, we expect to say that this program unlocked opportunities'
The Biden-Harris administration has formally launched the $1.5 billion Innovation Fund, an initiative aimed at supporting the development of open and interoperable 5G and future-generation technologies.
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