by Xiumei Dong | Apr 11, 2016 | Business & Tech
WASHINGTON – Albany, in the forefront of nanotechnology research, is one of the fastest-growing cities for tech jobs, according to a new book exploring hot spots of innovation across the globe. “You have GlobalFoundries, which has thousands of employees working in one...
by Siri Bulusu | Apr 5, 2016 | Business & Tech
WASHINGTON — The Consumer Financial Protection Bureau created in the wake of the 2008 financial crisis is failing the consumers it was designed to help and “remains one of the least accountable agencies in the federal government,” the Republican chairman of the...
by Steve Musal | Apr 5, 2016 | Business & Tech
WASHINGTON — Critics of a bill passed by the U.S. Senate to standardize trade secret laws across state lines remain concerned in the wake of its passage. The legislation expands the Economic Espionage Act, allowing private companies or individuals to sue in...
by Steve Musal | Apr 4, 2016 | Business & Tech, Topics
WASHINGTON — The Senate overwhelmingly approved Monday a bipartisan bill permitting private companies and individuals to sue in federal court when trade secrets are stolen – a right previously reserved Department of Justice. The bill passed 87-0. The bill,...
by Yimian Wu | Dec 3, 2015 | Business & Tech
WASHINGTON — Former New York City mayor Michael Bloomberg is pushing for a trading and clearing center in the United States for the renminbi, the Chinese currency, but experts say there are many hurdles before the American companies can trade and settle payments...
by Yimian Wu | Dec 3, 2015 | Business & Tech
WASHINGTON — Federal Reserve Chairwoman Janet Yellen expressed confidence in the U.S. economy Wednesday, signaling the Fed may increase interest rates in mid-December for the first time since the recession hit in 2008. The Federal Open Market Committee will meet...