Treasury Secretary Yellen meets with Chinese Premier, urges communication
Treasury Secretary Janet Yellen met with Chinese Premier Li Qiang in Beijing on Friday to discuss economic collaboration and restore diplomatic partnerships.
AI helping remove Chinese goods made with Uyghur forced labor from corporate supply chains
Altana Technologies developed an AI-informed supply chain mapping system used by Customs and Border Protection and a number of firms to root out Uyghur forced labor from supply chains.
US regulators planning major antitrust lawsuit against Amazon: Report
The FTC is reportedly planning to take legal action Amazon.com's online marketplace for rewarding online merchants that use its logistics services and penalizing firms that don't.
US weighs new restrictions on AI chip exports to China: Report
The U.S. is reportedly considering restrictions on exports of artificial intelligence chips made by companies like Nvidia and Advanced Micro Devices to China.
Biden FTC chair probing Elon Musk's Twitter purchase to face grilling from Jim Jordan's Judiciary Committee
Federal Trade Commission Chair Lina Khan is to "voluntarily appear" before Rep. Jim Jordan's House Judiciary Committee in July amid her agency's probe into Elon Musk's Twitter takeover.
Apple, Microsoft, Google CEOs fawn over India PM Modi
Prime Minister of India Narendra Modi's visit to the U.S. attracted the interest of numerous high-profile CEOs who attended the White House state dinner marking Modi's trip.
FTC stalling Microsoft's $69 billion Activision deal
The Federal Trade Commission (FTC) is reportedly planning to block Microsoft’s $69 billion purchase of video game maker Activision Blizzard, maker of best selling game Call of Duty.
Iran seeking sensitive tech from private industry for drone program, US agencies warn
The Departments of Commerce, Justice, State and Treasury issued a warning on Iran's efforts to circumvent sanctions to acquire sensitive tech for drone programs.
Amazon agrees to settle Alexa and Ring privacy violation lawsuits for $30 million
Amazon agreed to settle two lawsuits with the Federal Trade Commission on Wednesday for about $30 million, regarding privacy issues with Alexa assistant and Ring doorbell.
Biden admin reviewing whether to lift tariffs on imports from China
The Biden administration is in the middle of a review of tariffs on a variety of imported goods from China. A decision could be made before the end of the year.
US 'won't tolerate' China's ban on chipmaker Micron
Commerce Secretary Gina Raimondo said the U.S. "won't tolerate" China's move to ban Micron's chips from critical infrastructure in China over vague national security concerns.
Apple and Fintiv to negotiate potential settlement of patent infringement claims for Apple Pay, Apple Wallet
Apple and Fintiv will participate in a court-ordered settlement conference in early June in an effort to settle Fintiv's patent infringement claims against Apple.
China slaps restrictions on US company over 'national security' risks as chip war escalates
The Chinese government announced restrictions on imports of Micron Technology's semiconductors, citing "national security risks" with the U.S. chipmaker's products.
Yellen: 'A growing China that plays by international rules' is 'good for the US'
Treasury Secretary Janet Yellen said Friday economic growth in China will benefit the U.S., provided the country "plays by international rules."
Meta faces blanket FTC ban over use of minors' data for targeted advertising
The Federal Trade Commission on Wednesday proposed a ban on Meta Platforms using data it collects on its underaged users for commercial purposes.
Sen. Sherrod Brown urges students to take trade jobs after pushing loan forgiveness: 'You don't need a degree'
Ohio Sen. Sherrod Brown urged young residents in the Buckeye State to take up trade jobs and insisted they “don't need a college degree."
Lawmakers warn Chinese e-commerce apps may help avoid enforcement of anti-forced labor laws
Members of Congress wrote to CBP to express concern that Chinese e-commerce firms could skirt U.S. laws against the use of Uyghur forced labor due to a loophole for small shipments.
TSMC in talks with US about CHIPS manufacturing subsidy criteria
Taiwan-headquartered chipmaking giant TSMC is in talks with the U.S. government about compliance criteria for obtaining subsidies from the $52 billion CHIPS Act.
Technical companies dealing with shortage of young, skilled trade workers
Technical companies are having a hard time replacing older trade workers who are retiring. There haven't been enough young people training to fill open roles.
McCarthy-Tsai meeting highlights the importance of the US-Taiwan partnership amid China threat
House Speaker Kevin McCarthy, R-Calif., and Taiwan President Tsai Ing-wen will meet Wednesday in California amid ongoing tensions with the People's Republic of China.