The funding will support facility modernization and 250 additional jobs in Corvallis, Oregon. The Commerce Department awarded technology company HP $53 million earlier this month to expand its…
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Treasury Department Targets Russian Sanctions-Evasion Network
Partnership with China facilitated payments for American goods. The Treasury Department sanctioned over 150 entities and individuals involved in a scheme to help Russia circumvent preexisting sanctions enforced…
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President Delays Nippon Steel Purchase Dissolution Deadline until June
The extra time allows courts to review legal challenges to his federal order. This week, President Biden’s administration extended the deadline for Nippon Steel to dissolve its $14.9…
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Commerce Department Seeks to Limit Chinese-Made Parts in Drones
Proposes regulation for communication technology supply chain. The Bureau of Industry and Security (BIS) within the Commerce Department has issued a proposed rule for potential regulations on foreign-made…
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Port Strikes Avoided After Tentative 6-Year Contract Agreement
The longshoremen’s union president credits President-elect Trump as “one of the best friends of working men and women in the United States.“ The International Longshoremen’s Union and the…
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Representative Greene Introduces Bill to Rename Gulf of Mexico
The measure came after President-elect Trump said it should be the “Gulf of America.” President-elect Donald Trump spoke early this week about renaming the Gulf of Mexico the…
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DOJ Implements Rule Protecting Americans from Foreign Data Collection
The move is intended to prevent adversaries, such as Russia and Iran, from purchasing bulk data. The Department of Justice (DOJ) recently issued its final rule to prevent…
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Commerce Department Signs Cooperation Agreement with Angola
The trade agreement launches commercial partnership between countries’ private sectors. Secretary of Commerce Gina Raimondo signed a trade agreement with Angolan Commerce Minister Rui Miguêns de Oliveira this…
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FTC Refunds Consumers for Deceptive Alcohol-Craving Supplement Claims
Purchasers of Sobrenix receive compensation after FTC addresses unsubstantiated health claims. The Federal Trade Commission (FTC) is issuing more than $536,000 in refunds to consumers who purchased Sobrenix,…
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DOJ Charges Two Executives for Exporting U.S. Technology to Russia
E-commerce website sold millions of U.S. products to Russian customers. The Department of Justice (DOJ) unsealed criminal charges against two Virginia executives this week, accusing them of selling…
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