Regulators say the acquisition would reduce competition, impacting patients and innovation. The Federal Trade Commission (FTC) has filed a lawsuit to stop GTCR BC Holdings’ (GTCR) acquisition of…
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House Advances AI Consumer Safety Bill
Legislation proposes AI pilot program to help federal agency detect hazardous products and track market trends. The House Energy and Commerce Committee approved the Consumer Safety Technology Act,…
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President Responds to Jobs Report
150,000 jobs were added to the U.S. economy in February. The U.S. Labor Department released the monthly employment report for February, which showed 150,000 jobs were added. President…
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Honda Plans Production Move From Mexico to Indiana to Avoid Tariffs
President Trump’s 25 percent tariffs on goods from Mexico and Canada increase interest in U.S. production. Honda is exploring moving manufacturing of the next generation Civic to Indiana…
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Taiwan Semiconductor to Invest $100 Billion in AZ Manufacturing
President Trump makes a joint announcement with the company. President Donald Trump joined Taiwan Semiconductor Manufacturing Company in announcing a $100 billion investment in the company’s Arizona-based microchip…
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Apple Plans to Build $500 Billion AI Server Facility in Texas
President Trump had indicated the company would move manufacturing from Mexico to the U.S. Apple announced that it would invest $500 billion to expand its operations in the…
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President Proposes 25% Tariffs on Vehicles, Pharmaceuticals, and Microchips
He encourages foreign companies to bring manufacturing into the United States. President Donald Trump said that his administration would impose new tariffs on foreign-made automobiles, semiconductors, and pharmaceuticals…
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President Says Nippon Steel to Invest in U.S. Steel Instead of Purchasing
He made the announcement at the White House during the visit with Japanese Prime Minister Ishiba. President Donald Trump announced that Japanese company Nippon Steel will “invest heavily”…
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President Instructs Treasury Secretary to Stop Production of New Pennies
The U.S. Mint reported the manufacturing and distribution costs over triple their value. President Donald Trump announced that he has directed Treasury Secretary Scott Besent to halt the…
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Transportation Secretary Orders Reevaluation of Fuel Economy Standards
The administration seeks to lower costs by reducing regulatory burdens. Transportation Secretary Sean Duffy has directed the National Highway Traffic Safety Administration (NHTSA) to review and potentially revise…
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