by David Fishman | Oct 17, 2016 | Business, Featured
WASHINGTON — Top European diplomats on Monday expressed concern over the European Union’s future and the long-term survival of the single market in the wake of Britain’s vote to leave the grouping. Britain voted in June to trigger a so-called Brexit. “It’s a sad...
by Darby Hopper | Oct 11, 2016 | Business, Featured
WASHINGTON — American-made feta cheese could be relabeled as “feta-like” if the European Union gets its way. In recent months, the EU has proposed changes in current trade deal negotiations between the U.S. and the EU that would restrict the use of certain food...
by Eunice Lee | Oct 11, 2016 | Business, Featured, Technology
WASHINGTON –The Supreme Court Tuesday wrestled with how to apply a 1952 patent law, particularly sections related to design patents, to a tech industry where innovation and aesthetic appeal play key roles in originality – with Apple arguing that Samsung shouldn’t...
by Rishika Dugyala | Oct 9, 2016 | Business, Featured
WASHINGTON— With a new team coming to town in January, Secretary of Commerce Penny Pritzker and former Secretary of Housing and Urban Development Steve Preston urged future cabinet officers to incorporate private sector practices as a way of improving communication...
by Dan Waldman | Oct 5, 2016 | Business, Featured, Topics
WASHINGTON — Technology will fuel an increase of up to 3 percent in the gross domestic product of every country in the world over the next decade, the chairman of the board of Cisco Systems said at an International Monetary Fund panel Wednesday. “If you look at...
by Darby Hopper | Oct 4, 2016 | Business, Featured
WASHINGTON — The Chinese renminbi’s recent designation as an International Monetary Fund reserve currency will change China’s relationship with emerging markets such as those in Latin America – but exactly how remains to be seen, a Hong Kong University professor...
by Dan Waldman | Oct 4, 2016 | Business, Featured
WASHINGTON — Advanced economies will keep trudging along on a disappointing economic growth path, whereas developing economies should start to excel, the International Monetary Fund’s research director said Tuesday. “Global growth remains weak even though it...
by David Gernon | Oct 3, 2016 | Business, Featured
WASHINGTON —The World Bank should more aggressively court private sector partnerships to find new ways to reduce extreme global poverty while making sure the poorest populations benefit, World Bank President Jim Yong Kim said Monday. Kim said the World Bank needs to...
by Eunice Lee | Oct 3, 2016 | Business, Energy, Environment, Featured
WASHINGTON – For rural Americans and folks living in small towns, biobased products offer “tremendous hope” of more jobs and cleaner energy, Agriculture Secretary Tom Vilsack said Monday at a National Press Club luncheon. When it comes to biobased products,...
by Dan Waldman | Sep 28, 2016 | Business, Featured
WASHINGTON — Federal Reserve Chairwoman Janet Yellen said Wednesday that larger banks should have more stringent regulations than smaller ones in light of the recent Wells Fargo fraud findings. Yellen testified before the House Financial Services Committee on...
by Eunice Lee | Sep 27, 2016 | Business, Featured
WASHINGTON – The wage gap between black workers and white workers remains wide, according to a new report by the Economic Policy Institute. Black men make 22 percent less and black women make 34.2 percent less than their white counterparts. And yet, poverty or...
by Dan Waldman | Sep 26, 2016 | Business
WASHINGTON — Senate Republicans and Democrats clashed again Monday over funding levels for Zika research, the Flint, Michigan water crisis and Securities and Exchange Commission campaign contributions oversight — a fight that has blocked a stopgap spending bill...
