Tempur Sealy International proposed the acquisition of Mattress Firm. The Federal Trade Commission authorized a lawsuit to halt the acquisition of Mattress Firm by Tempur Sealy International. The…
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Energy Department Requests Proposals for Domestic Uranium Sourcing
Energy secretary seeks alternatives after administration bans Russian uranium. The Department of Energy (DOE) issued a request for proposals, asking for input from members of the nuclear energy…
Read MoreCommerce Department Announces Agreement with SolAero
A $23 Million preliminary agreement would expand radiation-resistant semiconductors for solar panels. The Commerce Department recently signed a non-binding preliminary agreement with SolAero Technologies under the CHIPS and…
Read MoreFTC Issues Refunds for False “Made in USA” Claims
A motocross and ATV parts manufacturer deceptively advertised imported products. The Federal Trade Commission (FTC) is issuing over $180,000 in refunds to consumers affected by misleading claims by…
Read MoreFAA Investigates Inspection Reports on Boeing 787 Dreamliner Airplanes
The company claimed incomplete tests were falsely approved by employees. The Federal Aviation Administration (FAA) announced this week that it has opened an investigation into manufacturing inspections of…
Read MoreVice President Harris Announces $100 Million for Auto Workers
The funding is intended to help smaller suppliers transition to the EV supply chain. Vice President Kamala Harris announced that President Biden’s administration is investing $100 million to…
Read MoreFTC Fines Retailer $3.17M for False ‘Made in USA’ Claims
The agency seeks to ensure truth in product labeling, mandating stricter compliance measures. The Federal Trade Commission has reached a settlement with Williams-Sonoma in which the prominent home…
Read MoreCommerce Department Announces Agreement for Samsung Chip Facilities
Preliminary agreement proposes investing $6.4 billion into facility construction and expansion in Texas. The Department of Commerce announced that it has reached a non-binding domestic manufacturing agreement with…
Read MoreDOD Invests in Domestic Nickel and Cobalt Supply Chains
Funding comes under the Defense Production Act Investment Program. The Department of Defense has announced a $7 million award to The Doe Run Resources Corporation (Doe Run) under…
Read MoreCommerce Department Reaches Preliminary Agreement with Intel
CHIPS funding would support Intel manufacturing in four states. The Commerce Department announced that it has reached a preliminary agreement with Intel Corporation, offering the company $8.5 billion…
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