Journalism Act Being Drafted in Congress

Bipartisan congressional bill seeks to open journalistic negotiations with tech companies. U.S. federal legislators announced the Journalism Competition and Preservation Act this week, a bill drafted to allow…

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Commerce Secretary Commends the CHIPS and Science Act

She is encouraged by the renewed focus on domestic manufacturing After President Biden signed the CHIPS and Science Act of 2022 into law on Tuesday, Secretary of Commerce…

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FTC Attempts to Block Meta from VR Acquisition

The agency says the purchase would weaken competition. The Federal Trade Commission (FTC) filed a lawsuit on Wednesday against Meta, the parent company of Facebook, alleging the company’s…

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DOE Announces Technology Commercialization Fund

Seven national laboratory projects have been chosen for funding. The Department of Energy has announced that seven national laboratory projects have been chosen to receive $18.4 million through…

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Secretary Raimondo Appoints Business in Africa Council

24 members to serve a two-year term as advisors. Last week, the Department of Commerce announced that Secretary Gina Raimondo has appointed 24 members to the President’s Advisory…

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Census Bureau Launches New Business Survey

Seeks to measure changing business conditions. The U.S. Census Bureau announced the launch last week of the Business Trends and Outlook Survey (BTOS). This new experimental survey replaces…

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White House Economist Discusses Recession Threat

U.S. is equipped for downturn, he said.  America’s gross domestic product (GDP) shrank by 1.4 percent in the first quarter of 2022 after posting significant gains to round…

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