Chamber of Commerce threatens to sue Biden administration over FTC

The Chamber of Commerce is preparing for a court battle with the Biden administration’s antitrust enforcers. wants a room Federal Trade Commission submitting records showing how it was done. commission works and possible political interference in their work. chamber officials, FTC It operates through secret procedures and secret ballots while preventing mergers and taking other […]

Commerce Department Survey Reveals ‘Worrying’ Chip Shortage

WASHINGTON — The United States is facing an “alarming” shortage of semiconductors, according to a government survey of more than 150 companies that make and buy chips; the situation threatens American factory production and fuel inflationCommerce secretary Gina M. Raimondo said in an interview on Monday. He said the findings showed a critical need to […]

Commerce Department blacklists NSO Group on spyware tools

Biden administration adds Israeli tech and spyware firm on Wednesday NSO Group To the Department of Commerce’s Entity List, a blacklist of foreign individuals and organizations facing restrictions on their U.S. business due to national security concerns. “NSO Group and Candiru (Israel) have been added to the Entity List based on evidence that these organizations […]

Commerce set out to save US jobs 1 computer chip at a time

WASHINGTON (AP) — Secretary of Commerce Gina Raimondo wears only watches made by Bulova, which fired her scientist father, closed the Rhode Island factory, and moved production to China in 1983. The watches give Raimondo, a former Rhode Island governor, a sense of responsibility as President Biden’s de facto technology minister, focusing on adding state-of-the-art […]