The company calls allegations of misleading revenue statements “speculative litigation.” The Supreme Court agreed to hear an appeal filed by Nvidia, which claimed that a revived class action…
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U.S. Navy Rescues Merchant Vessel Crew After Houthi Strike
Rebels have escalated attacks on commercial ships. Sailors from the Dwight D. Eisenhower carrier strike group recently airlifted the crew of the M/V Tutor, a merchant vessel that…
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Commerce Secretary Meets with Advisors on Supply Chain Competitiveness
Officials are developing a risk-assessment framework for the U.S. economy. Secretary of Commerce Gina Raimondo recently met with the Advisory Committee on Supply Chain Competitiveness virtually, to receive…
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FTC Issues Refunds to Consumers Defrauded by Business Consultants
Refunds totaling over $2 million are being distributed to nearly 2,000 consumers misled by baseless earnings claims. The Federal Trade Commission (FTC) is issuing over $2.4 million in…
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Senate Health Committee Considers Subpoena Over Ozempic Drug Prices
Members will vote next week on a hearing requirement involving the drug’s manufacturer. The Senate Committee on Health, Education, Labor, and Pensions (HELP) announced that it will vote…
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Postmaster General Defends 10-Year Modernization Plan
He says rewriting the “broken business model” requires “uncomfortable” decisions. Postmaster General Louis DeJoy spoke at the National Postal Forum this week, where he defended the implementation of…
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Army Corps of Engineers Announces Full Reopening of Baltimore Shipping Channel
Maryland governor says the operation to restore the channel was “remarkably complex.” The U.S. Army Corps of Engineers (USACE) announced on Monday that the Fort McHenry Federal Channel…
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U.S. and 13 Nations Sign Portions of New Indo-Pacific Economic Agreement
Secretary Raimondo participated in negotiations for a fair, clean economy with a strong supply chain. Leaders from the United States and 13 nations gathered in Singapore last week…
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FDA Rescinds Ban on Juul Vaping Products
The agency stated that “scientific issues warranted additional review.” The Food and Drug Administration announced the reversal of the Juul vaping product ban. The agency rescinded the marketing…
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Commerce Department Signs Preliminary Agreement with Korean Affiliate
The semiconductor component manufacturing company will build U.S. facility. The Department of Commerce signed a preliminary memorandum of terms with Absolics, an affiliate South Korean company that produces…
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