Yankees eyeing blockbuster trade deal before deadline
With the MLB trade deadline approaching, the New York Yankees are in a tough spot. Trailing in the AL East, with a battered rotation and a weak third base, they need a…
Laredo CBP Officers Seize Methamphetamine Worth Over $18 Million at World Trade Bridge
LAREDO, Texas—U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers seized methamphetamine in one enforcement action that totaled over $18,000,000 in street value. “Officers assigned to CBP cargo facilities…
PH.D. Chemist Sentenced To 168 Months For Conspiracy To Steal Traded Secrets, Economic Espionage, Theft Of Trade Secrets, And Wire Fraud
GREENEVILLE, Tenn. – On May 9, 2022, Dr. Xiaorong You, aka Shannon You, 59, of Lansing, Michigan was sentenced to serve 168 months in prison by the Honorable J. Ronnie Greer, U.S.…
North Carolina man sentenced to additional prison time after lying during sentencing in previous case involving theft of company’s trade secrets
SAVANNAH, GA: A North Carolina man has been sentenced to additional time in prison after being convicted of lying during a prior sentencing for conspiring to steal trade secrets from aircraft manufacturing companies.…
Swiss Scientist Convicted by Federal Jury of Conspiracy to Steal Trade Secrets Belonging to GlaxoSmithKline
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Gongda Xue, 52, formerly a resident of Allschwil, Switzerland, a legal permanent resident of Switzerland and citizen of China, was convicted after…
Former GlaxoSmithKline Scientist Convicted by Federal Jury of Stealing Trade Secrets to Benefit Chinese Pharma Company
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Gongda Xue, 52, a legal permanent resident of Switzerland and citizen of China, was convicted after trial of charges related to his…
CBP Officers Seize $35.2 Million in Methamphetamine at Laredo’s World Trade Bridge
LAREDO, Texas—U.S. Customs and Border Protection, Office of Field Operations (OFO) at the Laredo Port of Entry seized more than $35 million in alleged methamphetamine in a commercial truck hauling strawberry purée.…
CBP Issues Trade and Travel Report for Fiscal Year 2021
WASHINGTON — Today, U.S. Customs and Border Protection released the Trade and Travel Report: Fiscal Year 2021, which quantifies measures the agency took to protect the American people, safeguard our borders, and…
CBP Officers Seize $3.2 Million in Cocaine at Laredo’s World Trade Bridge
LAREDO, Texas—U.S. Customs and Border Protection, Office of Field Operations (OFO) at the Laredo Port of Entry seized more than $3 million in alleged cocaine in a commercial truck containing papier-mâché handicrafts.…
‘Heinous Human Rights Atrocities’: Bipartisan Legislation Aims To Relink China’s Human Rights Record With Trade
‘Heinous Human Rights Atrocities’: Bipartisan Legislation Aims To Relink China’s Human Rights Record With Trade Philip Lenczycki on March 22, 2022 A bipartisan group of lawmakers introduced legislation Tuesday that would strip…
Paybotic, a Leading Provider of Affordable Payment Solutions in the Cannabis Industry and Surrounding Markets, Participating in Trade Shows Across the U.S. in March, April, and May 2022
Recognizing the Growing Need for its Cannabis Payment Solution Services, Paybotic to Showcase to Growing Number of Cannabis Business Owners WEST PALM BEACH, Fla., March 17, 2022 — Paybotic, a leading provider…
Former CEO And COO Of JHL Biotech Sentenced For Conspiring To Steal Trade Secrets And Commit Wire Fraud Exceeding $101 Million
SAN FRANCISCO – Racho Jordanov, the co-founder and former Chief Executive Officer of JHL Biotech, and Rose Lin, another of the company’s co-founders and former Chief Operating Officer, were sentenced today for…
US Trade Deficit Hit A Record High In January
US Trade Deficit Hit A Record High In January Harry Wilmerding on March 8, 2022 The U.S. trade deficit continued to grow in January as the import-export gap widened to a record…
Second defendant arrested in case alleging theft of trade secrets from American aviation company
CINCINNATI – An Italian national was arrested in Marino, Italy on Oct. 2 pursuant to a provisional arrest request from the United States in a case involving two defendants charged here with…
Canada Wins Solar Tariff Trade Dispute Against US
An independent panel determined Tuesday that current U.S. tariffs placed on solar panel imports violated the 2018 U.S.–Mexico–Canada Agreement (USMCA). The three-member USMCA panel, which included two former World Trade Organization officials…
Authorities Charge Chinese Telecom Company With Stealing Trade Secrets
Federal authorities charged China-based telecommunications firm Hytera Communications with conspiring to steal trade secrets from a U.S. company, the Department of Justice (DOJ) announced Monday. Hytera allegedly recruited employees from U.S. telecommunications…
US Trade Deficit Reached Record High In 2021 As Imports Surged
The U.S. trade deficit continued to grow in December as the import-export gap widened to record highs in 2021, the Census Bureau reported Tuesday. The trade deficit grew by 1.8% in December…
Laredo CBP Officers Seize Marijuana Worth Over $692K at World Trade Bridge
LAREDO, Texas—U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers seized narcotics in one enforcement action this weekend, that totaled over $692,000 in street value. “Officers at the World…
Trade Deficit Hits Record As Demand For Imports Soars
Harry Wilmerding on January 6, 2022 The U.S. trade deficit soared to a record high in November as consumer demand for goods and the easing of supply chain bottlenecks caused imports to…
Third Former GlaxoSmithKline Scientist Pleads Guilty to Stealing Trade Secrets to Benefit Chinese Pharma Company
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Lucy Xi, 44, formerly a resident of Malvern, PA, pleaded guilty to conspiracy to steal trade secrets from GlaxoSmithKline (GSK) to benefit…
Mexico, Canada Claim Democrats’ Budget Bill Violates Trade Agreement
Mexico doubled down on its criticism of the Democrats’ Build Back Better Act, arguing that a provision favoring U.S. automakers violates the recently-signed United States-Mexico-Canada Agreement (USMCA). Both the Mexican and Canadian…