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...
by Yimian Wu | Dec 2, 2015 | Business & Tech
WASHINGTON — While economists are divided on whether Japan’s large-scale quantitative easing will revive its economy, they do expect the country’s current monetary stimulus effort will increase inflation more significantly than the last five-year attempt. The...
by Brian MacIver | Nov 26, 2015 | Business & Tech
WASHINGTON — It is legal to sell marijuana in 23 states. But pot businesses can’t deposit their money in banks because of federal banking laws. While the dilemma has been a back-burner issue in Congress for several years, a solution may be in the works. A...
