Business Law
Proposed CHIPS Investment of up to $750 Million Would Support Construction of World’s Largest Silicon Carbide 200mm Ecosystem and Create Over 5,000 Jobs in North Carolina and New York Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Wolfspeed, Inc. have signed a non-binding preliminary memorandum of terms (PMT) to provide up…
Continue readingThis week, U.S. Secretary of Commerce Gina Raimondo convened the U.S. Travel and Tourism Advisory Board (TTAB) for the final meeting of its current two-year term to reaffirm the Biden-Harris Administration’s commitment to strengthening our nation’s global competitiveness in the U.S. travel and tourism industry. The industry is vital to the American economy, supporting 10…
Continue readingToday, U.S. Secretary of Commerce Gina Raimondo met with Italian Prime Minister Giorgia Meloni. Secretary Raimondo is in Italy for the G7 Ministerial Meeting on Industry and Technological Innovation in Rome. During the meeting, Secretary Raimondo expressed appreciation for Italy’s strong leadership during their G7 host year. The two discussed ongoing efforts through the G7 to promote a…
Continue readingROME, Italy – Today, U.S. Secretary of Commerce Gina Raimondo met with United Kingdom Secretary of State for Science, Innovation and Technology Peter Kyle on the margins of the G7 Ministerial Meeting on Industry and Technological Innovation. The two discussed the Department of Commerce’s and UK Department for Science, Innovation and Technology’s ongoing collaboration on…
Continue readingThe following joint statement was released by the Government of the United States of America and the Government of the United Kingdom on the sidelines of the G7 Ministerial on Industry, Technology, and Digital, as part of the U.S.-UK Comprehensive Dialogue on Technology & Data. Begin text: The United Kingdom and United States share fundamental…
Continue readingProposed CHIPS Investment Could Provide Pumps to Nearly All Fabs Built in the United States Through the End of the Decade Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Edwards Vacuum have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $18 million in proposed direct funding under…
Continue readingU.S. Secretary of Commerce Gina Raimondo will travel to Rome, Italy from October 10-11 to participate in the G7 Industry and Technological Innovation Ministerial, which will bring together government leaders from Italy, Canada, France, Germany, Japan, the United Kingdom, the United States, and the European Union to discuss challenges facing G7 nations’ economies. Among other…
Continue readingToday, U.S. Secretary of Commerce Gina Raimondo held a call with Minister of Commerce of the People’s Republic of China (PRC) Wang Wentao. During the call, the two sides discussed last month’s second meeting of the U.S.-China Commercial Issues Working Group (CIWG). The Secretary noted ongoing concerns from the U.S. business community about decreasing regulatory…
Continue readingDenver, Colorado – Brian Watson, a prominent self-made Colorado businessman, has filed a federal lawsuit against Chicago, IL and La Jolla, CA socialite Laura S. Elsaden for allegedly spreading false and defamatory claims about him at an exclusive mountain ranch community, damaging his name and reputation. Watson is seeking over $100 million in damages, claiming…
Continue readingToday, U.S. Secretary of Commerce Gina Raimondo and Indian Minister of Commerce and Industry Piyush Goyal convened the 6th ministerial level meeting of the U.S.-India Commercial Dialogue (Commercial Dialogue). The Secretary and the Minister took stock of the following achievements since the 5th ministerial meeting took place in March 2023 in New Delhi, India: Semiconductor…
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