Keith Noreika, a banking lawyer at Simpson Thacher & Bartlett LLP, is being considered as an acting comptroller. The Wall Street Journal has reported that the Trump administration plans on replacing Thomas Curry as the Comptroller of the Currency. Although… Read More ›
impact
Public records show public investments funds flowing into Trump’s business interests
With this potential violation of the U.S. constitution, Trump appears to be risking everything by choosing not to divest. As per two senators, U.S President Donald Trump is setting a unparalleled precedent by flirting with potential violations to the U.S…. Read More ›
The U.S. International Trade Commission will probe patent violations over usage of thermoplastics by Japanese and German automakers
If it is of any indication, shares of companies against whom the complaint has been filed by Intellectual Ventures II, have largely remained unmoved. Trade authorities in the United States have disclosed that they will soon begin an investigation into… Read More ›
Fox and Blackstone Group to bid for Tribune Media Co
Their joint bid comes in less than 2 weeks after the U.S. Federal Communications Commission voted to lift the 2016 limit on the number of television stations broadcasters can buy. Sources familiar with the matter at hand have disclosed that… Read More ›
Trump threatens to scrap KORUS, wants payment for THAAD
Trump’s comments have upset South Korea’s stock market which has plummeted despite brightening economic prospects. U.S. President Donald Trump has threatened he will either renegotiate or terminate on what he termed as a “horrible” free trade deal with South Korea,… Read More ›
United Ireland will leave Britain to join the European Union
This is the position taken by legal experts and is accepted by the current British government led by Theresa May. According to diplomats attending a Brexit summit, the EU leaders should give a formal undertaking to ensure that the British… Read More ›
FCC chairman scraps rules that protect the freedom of the internet
Privacy advocates and conscientious citizens are advised to provide comments “on whether a codified no-blocking rule is needed to protect such freedoms.” On Thursday, FCC Chairman Ajit Pai released a 58-page draft document that details the reversal of the landmark… Read More ›
Boeing petitions U.S. government to launch anti-dumping probe against Bombardier
The move underscores the ferocity of the competition in the booming airlines industry. On Thursday, Boeing asked the U.S. Commerce Department to investigate into alleged unfair pricing and subsidies received by Canadian airplane manufacturer Bombardier, thus adding to the growing… Read More ›
Transitory regulatory framework required: ABPI
The British industry is hoping to closely coordinate and work with the European agencies to retain their edge. However unless they can work up a miracle and secure passporting rights, access to the bloc’s single market will be elusive. Pharmaceutical… Read More ›
Trump Administration launches probe into dumping of cheap aluminum imports citing national security concerns
The probe has the potential to impact China’s economy. No wonder they are concerned at the development. In a significant development with broad implications, the U.S. Commerce Department has launched an investigation to determine whether China and other countries are… Read More ›