Trump Selects Transition Co-Chair To Run Commerce Department
President-elect Donald Trump announced Tuesday that he has chosen Howard Lutnick, CEO of Cantor Fitzgerald and the co-chair of the Trump transition, to be the next commerce secretary. Trump announced his selection…
China’s external environment poses serious challenges to trade – commerce minister
By Joe Cash BEIJING (Reuters) – Pressure on China’s imports and exports will increase significantly this year, Wang Wentao, commerce minister, told a news conference on Thursday, three days before the annual…
Biden’s Commerce Department Pushes Key Democratic Priorities Through Chip Handouts
Biden’s Commerce Department Pushes Key Democratic Priorities Through Chip Handouts Jason Cohen on March 1, 2023 The Commerce Department unveiled its plan to implement the CHIPS Act, an initiative intended to subsidize…
U.S. wants at least 2 advanced computer chip centers built, Commerce chief says
By Diane Bartz WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo on Thursday said the government will encourage companies to build at least two advanced domestic computer chip factories employing thousands of…
China’s consumer market shows ‘strong’ recovery in January – commerce ministry
BEIJING (Reuters) – China’s consumer market recovery was “strong” in January, the commerce ministry said on Thursday, in one of its first optimistic assessments of consumption, which until this year had been…
U.S. Commerce removes Wuxi Biologics from unverified list
(Reuters) – The Biden administration said Thursday it had removed Wuxi Biologics, a company that makes ingredients for AstraZeneca’s COVID-19 vaccine, and about two dozen other Chinese entities from a so-called unverified…
Amazon to roll out TikTok-like shopping experience in social commerce push
(Reuters) – Amazon.com Inc said on Thursday it will roll out a TikTok-like feed on its e-commerce app, hoping to attract new shoppers through a stream of photos and videos from their…
China’s imports, exports will see greater pressure in Q4 – commerce ministry
BEIJING (Reuters) – China’s imports and exports will face greater pressure in the fourth quarter, due to insufficient external demand, commerce ministry spokesperson Shu Jueting told a news conference on Thursday. The…
U.S. Commerce issues order targeting Russian carrier Ural Airlines
By David Shepardson WASHINGTON (Reuters) -The U.S. Commerce Department said on Monday it had issued an order denying export privileges to Russian carrier Ural Airlines, citing what it said were ongoing export…
White House taps Commerce official to run ‘Made in America’ office
By David Shepardson WASHINGTON (Reuters) – The White House said Wednesday it is tapping a Commerce Department official to run an office aimed at spurring the U.S. government’s purchase of more American…
China urges U.S. to stop hurting its chip sector – commerce ministry
BEIJING (Reuters) – China firmly opposes U.S. export controls on semiconductor chips and urges the country to stop immediately, the commerce ministry said in a statement on Monday. The decision by the…
Lawmakers press U.S. Commerce for tougher checks on semiconductor chip subsidies
By David Shepardson WASHINGTON (Reuters) – A group of Democratic lawmakers wants the U.S. Commerce Department to take additional steps to ensure semiconductor companies do not use government subsidies to conduct stock…
U.S. Chamber of Commerce endorses Republican Mehmet Oz in Pennsylvania Senate race
WASHINGTON (Reuters) – The U.S. Chamber of Commerce on Wednesday endorsed Republican celebrity physician Mehmet Oz in his campaign for the U.S. Senate seat in Pennsylvania, lauding what it called his “commitment…
Former Naval Police Officer Charged for Making Threats in Interstate Commerce
BOSTON – A former naval police officer at the Portsmouth Naval Shipyard in New Hampshire was charged yesterday in connection with allegedly threatening his ex-wife and her mother in Iowa. Luis De…
Instagram to scale back shopping features amid commerce retreat – report
(Reuters) – Meta Platforms Inc’s Instagram is planning to drastically scale back its shopping features as it shifts the focus of its e-commerce efforts to those that directly drive advertising, the Information…
Commerce City Man Indicted for Tampering with a Consumer Product
Denver – The United States Attorney’s Office for the District of Colorado announces Christopher Robert Pattinson, age 40, of Commerce City, has been indicted on charges of tampering with a consumer product…
China will step up efforts to stabilise foreign trade in H2 – commerce ministry
BEIJING – China will strengthen efforts to stabilise foreign trade in the second half of the year, the commerce ministry said on Friday. The country’s foreign trade faces “high risks, difficulties and…
Chamber of Commerce suit against U.S. FTC to be heard by Trump-nominated judge
WASHINGTON – The Chamber of Commerce’s lawsuit accusing the U.S. Federal Trade Commission of illegally refusing to turn over requested records will be heard by Judge Trevor McFadden, who was appointed by…
China hopes Australia can take actions to promote trade relations – commerce ministry
BEIJING – China hopes Australia can take pragmatic actions to create favourable conditions for the healthy and stable development of bilateral trade relations, China’s commerce ministry said on Thursday. China expects Australia…
Former President Of Central Pasco Chamber Of Commerce Pleads Guilty To Wire Fraud
Tampa, Florida – United States Attorney Roger B. Handberg announces that David Gainer, Jr. (50, Lutz) has pleaded guilty to three counts of wire fraud. Gainer faces a maximum penalty of 20…
Thailand needs 500,000 more migrant workers for recovery – Chamber of Commerce
BANGKOK – Thailand is short more than half a million migrant workers, the country’s Chamber of Commerce said on Tuesday, as Southeast Asia’s second-largest economy struggles with a slow post-pandemic recovery. Demand…
China, U.S. trade teams agree to maintain close communication: China commerce ministry
BEIJING – The trade and economic teams of China and the United States agreed to maintain close communication following virtual talks between Chinese Vice Premier Liu He and U.S. Treasury Secretary Janet…
Birmingham Man Pleads Guilty to Interference with Commerce by Robbery and Felon in Possession of a Firearm
BIRMINGHAM, Ala. – A Birmingham man has pleaded guilty to robbery and gun charges, announced U.S. Attorney Prim F. Escalona and Federal Bureau of Investigation Special Agent in Charge Johnnie Sharp, Jr.…
Former Head of Anaheim Chamber of Commerce Pleads Guilty to Federal Fraud, False Statement and Criminal Tax Charges
LOS ANGELES – The former president and CEO of the Anaheim Chamber of Commerce pleaded guilty today to federal criminal charges for defrauding a cannabis company, fraudulently obtaining a COVID-relief business…
US Chamber Of Commerce Targets Biden’s Consumer Financial Protection Bureau Director In Ad Campaign
US Chamber Of Commerce Targets Biden’s Consumer Financial Protection Bureau Director In Ad Campaign Gabe Kaminsky on June 29, 2022 The U.S. Chamber of Commerce is targeting the director of a federal…
U.S. commerce secretary presses lawmakers to greenlight $52 billion for chipmaking
WASHINGTON – U.S. Commerce Department Secretary Gina Raimondo on Monday stepped up pressure on Congress to approve $52 billion in funding for chipmakers to expand operations, warning that firms would abandon American…
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