Category: Commerce

Commerce

“Target Circle Celebrates One-Year Anniversary, Unlocks Holiday Deals for Nearly 80 Million Members”

MINNESOTA---Target's is celebrating their one-year anniversary of its popular, easy-to-use loyalty program, Target Circle, and will be offering its nearly 80 million members more ways to save big this holiday season. As one of the nation’s largest loyalty programs, Target Circle members have: Saved nearly $2 billion through Target Circle…
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Commerce

“Samsung heir returns to business after father’s death, convenes design strategy meeting”

KOREA---Samsung Electronics Vice Chairman Lee Jae-yong convened a design strategy meeting Thursday in his first business activity since his father's death last month.Lee and high-ranking executives discussed the tech giant's future design plans during the meeting at its research center in Seoul, the company said.It was the first time that…
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Commerce

“U.S. Department of Commerce Issues Affirmative Preliminary Countervailing Duty Determination for Passenger Vehicles and Light Truck Tires From Vietnam”

WASHINGTON, D.C.---U.S. Secretary of Commerce Wilbur Ross announced an affirmative preliminary determination in the countervailing duty (CVD) investigation of passenger vehicle and light truck (passenger tires) tires from Vietnam. The Commerce Department preliminarily determined that exporters and producers from Vietnam received counter available subsidies with rates ranging from 6.23 percent…
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Commerce

“Increased Consumer Spending And Personal Income–Beating Market Expectations”

WASHINGTON, D.C.--the "Bureau of Economic Analysis (BEA) reported increased consumer spending and personal income in July—both beating market expectations. Thanks to the economic policies of President Trump, our Nation continues to gain momentum towards a strong economic recovery.” – Commerce Secretary Wilbur Ross. New Residential Sales The real estate and…
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Commerce

“Remarks by Commerce Secretary Wilbur L. Ross at the First Meeting of the National Council for Expanding American Innovation”

WASHINGTON, D.C.----Thank you, Andrei, for the kind introduction, and for your leadership at the U.S. Patent and Trademark Office during these tumultuous times. I must first say how sorry I am not to be present in person. I had been eagerly awaiting this event, but recent events in the Middle…
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Commerce

“Antitrust Division Announces Updates To Civil Investigative Demand Forms And Deposition Process”

Assistant Attorney General Makan Delrahim of the Justice Department's Antitrust Division announced today that the Antitrust Division has implemented two uniform updates to its Civil Investigative Demand (CID) forms and deposition process:  First, all CIDs issued by the Antitrust Division — including CIDs for documentary material, written interrogatories, oral testimony,…
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China

“Treasury Sanctions Chinese National for Shipping Fentanyl to the United States”

WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) identified Chinese national Taotao Zhang as a Significant Foreign Narcotics Trafficker pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act). OFAC also designated Hong Kong-based Allyrise Technology Group Co., Limited, for being owned, controlled,…
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Commerce

“Commerce Department Further Restricts Huawei Access to U.S. Technology and Adds Another 38 Affiliates to the Entity List”

WASHINGTON, D.C.--today, the Bureau of Industry and Security (BIS) in the Department of Commerce (Commerce) further restricted access by Huawei Technologies (Huawei) and its non-U.S. affiliates on the Entity List to items produced domestically and abroad from U.S. technology and software. In addition, BIS added another 38 Huawei affiliates to…
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Commerce

President Trump Delivers Remarks at Whirlpool Corporation Manufacturing Plant

CLEVELAND, OHIO---today President Donald J. Trump laid out his "vision to bring back more jobs and more factories back to American shores where they belong."  "On the question of foreign trade, previous leaders were guided by a shameful policy of capitulation, submission, and retreat.  For decades, you watched as politicians…
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Commerce

Justice Department Sues To Block Geisinger Health’s Transaction With Evangelical Community Hospital

WASHINGTON, D.C.--The U.S. Department of Justice sued to block Geisinger Health’s partial acquisition of its close rival, Evangelical Community Hospital.  The complaint alleges that the agreement fundamentally alters the relationship between the parties, raising the likelihood of coordination and reducing Defendants’ incentives to compete aggressively against each other.  As a…
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