Latest News
SEC commissioner: Lack of push toward crypto regulation 'is frustrating'
By Sam Jackson | Feb 21, 2023
Securities and Exchange Commission (SEC) Commissioner Hester Peirce recently said that although the SEC has encouraged crypto companies to bring their concerns to the SEC, the process is so slow that it could be driving business away.
Phoenix mayor: Arizona-based TSMC's expansion is 'one of the largest foreign direct investments in US history'
By Karen Kidd | Dec 22, 2022
Arizona-based Taiwan Semiconductor Manufacturing (TSMC)'s recent announcement of a second chip plant in Arizona and increased investment in the state from $12 billion to $40 billion will be a large boost to the local economy, Phoenix Mayor Kate Gallego said in a social media post.
González calls on greater cooperation on digital trade: ‘Digitalization increasingly permeates all areas of WTO work’
By John Kelly | Oct 18, 2022
World Trade Organization (WTO) Deputy Director-General Anabel González recently made remarks about how with the uncertain future of digital technology, more cooperation is needed in order to create more trade opportunities.
GE Renewable Energy spokesperson on layoffs: 'These are difficult decisions'
By Karla Florez | Oct 10, 2022
General Electric confirmed plans to lay off 20% of its U.S. onshore wind workforce. The move will affect hundreds of jobs, CNBC reported.
Georgieva: Christensen named director of the Corporate Services for IMF
By Timothy Stuckey | Oct 3, 2022
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), has recently announced the appointment of Brian Christensen as IMF Director of Corporate Services and Facilities (CSF).
International Monetary Fund: ‘Surging prices since late 2020 have pushed inflation steadily higher’
By Solange DeLisle | Sep 15, 2022
Everyone has felt the financial pinch as costs for pretty much everything has gone up, but according to the International Monetary Fund food and energy prices are the main forces behind the global inflation surge.
Brazil raises a glass to its wine industry as it expands internationally
By Laurie A. Luebbert | Sep 4, 2022
Brazil hopes to expand its wine and spirits industry, which has flourished in recent years.
'We are empowering many of the world's largest enterprises': Cohesity makes Forbes Cloud 100 for 4th consecutive year
By John Kelly | Aug 31, 2022
In an Aug.10 statement, Cohesity, an information technology company, revealed they were selected for the 2022 Forbes Cloud 100 for the fourth year in a row.
Real GDP decreases in second quarter by 1.6%: 'Imports decelerated'
By Andy Nghiem | Aug 28, 2022
The Bureau of Economic Analysis (BEA) recently conducted a "second" estimate showing that the nation's real gross domestic product (GDP) decreased at an annual rate of 0.6% in the second quarter of 2022.
MOUSA employment decreased in 2020, possibly due to COVID-19
By Donna Rolando | Aug 25, 2022
The number of people employed by majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises dropped from 2019 to 2020, and COVID-19 may have been to blame.
Analyst: 'Russia's decree effectively expropriates foreign stakes in the Sakhalin Energy Investment Company'
By Karla Florez | Jul 12, 2022
Russian President Vladimir Putin recently raised the stakes in its financial conflict with Western parties, taking full control of the Russia-based Sakhalin-2 gas and oil project. Western offices worry the move could drive out Shell and Japanese investors, Reuters reported.
Reckitt’s Mead Johnson to deliver large infant formula shipment to the U.S. to help end the ongoing shortage
By Karla Florez | Jul 3, 2022
Reckitt, a British consumer goods company headquartered in Slough, England, has committed to providing the largest-ever delivery of infant formula to the U.S., according to Cision PR Newswire.
Thomas-Greenfield: 'We are prepared to give (companies) comfort letters if that will help to encourage them' to get grain out of Russia
By Karla Florez | Jun 9, 2022
U.S. Ambassador to the United Nations, Linda Thomas-Greenfield, has confirmed plans to grant “comfort letters” to shipping and insurance companies in an effort to help facilitate exports of Russian grain and fertilizers, Reuters reported.
Schreider: 'Hybrid MDR is the key to unlocking new growth potential'
By John Kelly | Jun 8, 2022
Tari Schreider, strategic advisor of Aite-Novarica Group, said that experts have provided advice to his company's client base in a new report, according to a recent press release.
Shanghai vice mayor on lifting COVID-19 lockdown: 'The epidemic has been effectively controlled'
By David Beasley | May 31, 2022
Officials in Shanghai are taking "major steps" toward lifting the COVID-19 lockdown that has kept residents in their homes for two months, Shanghai Vice Mayor Zong Ming said at a press briefing Tuesday (May 31), the Associated Press reported.
Lawyer on Shanghai COVID-19 lockdowns: 'We are trapped in our homes, not allowed to leave'
By David Beasley | May 9, 2022
With COVID-19 case numbers rising in China, residents in Beijing and Shanghai remain in lockdown as part of Xi Jinping's "zero-COVID" policy.
Chinese foreign ministry spokesman on possible SEC delisting: 'China is committed to resolving auditing and regulatory issues'
By David Beasley | May 5, 2022
The Holding Foreign Companies Accountable Act (“HFCAA”) was made law on December 18, 2020; its purpose is encapsulated by its name.
Analyst: China's 'zero-covid' policy has already caused 'significant disruption to the economy'
By David Beasley | Apr 15, 2022
China has been locking down entire populations in pursuit of its "zero-covid" policy, a move that has raised humanitarian and economic concerns. Major companies are now expecting delays as the lockdowns continue, and a recent report shows that a significant number of the Chinese workforce are currently locked down.
Vilsack: 'There is no realistic way to convert all CRP acres into cropland in 2022'
By Karla Florez | Apr 12, 2022
The U.S. Department of Agriculture (USDA) has rejected a request submitted in late March by multiple agricultural groups to ease CRP obligations in the hopes of mitigating the coming effects of food shortages projected to impact the world.
'Build for the future we see': Bitrise to expand global presence with 200 new hires
By David Hutton | Mar 8, 2022
To expand its international operations as it sets the bar for the next decade of mobile development, Bitrise is kicking off a hiring effort to bring in 200 new employees worldwide in 200 days, starting with the expansion of its C-Suite.