Business Law

Biden-Harris Administration Announces Preliminary Terms with Infinera to Support Development of Semiconductor Technology Important for Communications and National Security

October 17, 2024

Proposed CHIPS Funding Would Support Construction of Fab and Advanced Test and Packaging Facility and Create up to 1,700 Jobs in Pennsylvania and California Today, the Biden-Harris Administration announced that the Department of Commerce and Infinera have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $93 million in proposed direct funding…

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Biden-Harris Administration Announces Preliminary Terms with Wolfspeed to Solidify U.S. Technological Leadership in Silicon Carbide Manufacturing

October 15, 2024

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…

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Readout of Secretary Raimondo’s Meeting with the U.S. Travel and Tourism Advisory BoardReadout of Secretary Raimondo’s Meeting with the U.S. Travel and Tourism Advisory Board

October 11, 2024

This 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…

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Readout of Secretary Raimondo’s Meeting with Italian Prime Minister Giorgia Meloni

October 10, 2024

Today, 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…

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Readout of Secretary Raimondo’s Meeting with United Kingdom Secretary of State for Science, Innovation and Technology Peter Kyle

October 10, 2024

ROME, 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…

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U.S.-UK Joint Statement on Child Online Safety

October 10, 2024

The 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…

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Biden-Harris Administration Announces Preliminary Terms with Edwards Vacuum to Bring Specialized Dry Vacuum Pump Manufacturing to the U.S. for the First Time

October 10, 2024

Proposed 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…

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U.S. Secretary of Commerce Gina Raimondo to Travel to Rome for G7 Ministerial

October 9, 2024

U.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…

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Readout of Secretary Raimondo’s Call with Minister of Commerce of China Wang Wentao

October 8, 2024

Today, 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…

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Prominent Businessman Sues Neighbor for Defamation Over False Claims made at a Famous Colorado Dude Ranch

October 8, 2024
Law Cards - Legal News Summaries

Denver, 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…

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