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Business and Financial
Aug 23, 2020
Washington, D.C. — As part of the Commodity Futures Trading Commission’s ongoing efforts to help protect Americans from fraud, today the CFTC added 22 unregistered foreign entities to its Registration Deficient List (RED List). The CFTC also launched a redesigned…
Aug 23, 2020
Massachusetts-based DUSA Pharmaceuticals, Inc. (DUSA), a subsidiary of Sun Pharmaceutical Industries, Inc. (Sun Pharma), has agreed to pay the United States $20.75 million to resolve allegations that DUSA caused physicians to submit false claims to Medicare and the Federal Employee…
Aug 17, 2020
Relocation Will Create More Than 300 Jobs Over the Next Three Years as Region Continues Attracting Businesses Phoenix, AZ —ZorroSign, Inc., a global leader in blockchain-based digital signatures and digital transaction management, today announced the relocation of its worldwide headquarters…
Jun 21, 2020
Good afternoon. Thank you for hosting this discussion today. I’m pleased that we were able to reschedule this event, which was originally scheduled for April and at MIT, and that we now have the opportunity to engage in this important…
May 21, 2020
Boise, Idaho – Under the direction of Governor Brad Little and State Treasurer Julie Ellsworth, the State of Idaho will not borrow money in the bond market to meet anticipated cash flow requirements for the current fiscal year. This is…
Apr 7, 2020
South Korea-based company Jier Shin Korea Co. Ltd., and its president, Sang Joo Lee, have agreed to pay $2 million to the United States for civil antitrust and False Claims Act violations for their involvement in a bid-rigging conspiracy that…
Mar 16, 2020
WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on the establishment of a Commercial Paper Funding Facility (CPFF) by the Federal Reserve Board: “I have just sent Chairman Jerome Powell a letter confirming that I approve…
Mar 14, 2020
Secretary Steven T. Mnuchin joined Chris Wallace on Fox News Sunday to discuss the state of the U.S. economy and negotiations with Congress on a legislative package to combat the coronavirus outbreak. On the State of the Economy: "If the…
Mar 8, 2020
WASHINGTON, D.C. —The Consumer Financial Protection Bureau (Bureau) has filed a lawsuit in federal district court in the Northern District of Illinois against Fifth Third Bank, National Association (Fifth Third). The Bureau alleges that for several years Fifth Third, without…
Mar 5, 2020
The U.S. labor market continues to build on its impressive gains over the past three years of the Trump Administration. According to the Bureau of Labor Statistics’ monthly Employment Situation release, nonfarm payroll employment increased by 273,000 in February—adding nearly…
Feb 23, 2020
The Bureau of Consumer Financial Protection proposes to amend Regulation F, which implements the Fair Debt Collection Practices Act (FDCPA) and currently contains the procedures for State application for exemption from the provisions of the FDCPA. On May 21, 2019,…
Feb 23, 2020
Ferrero will open a new Goodyear distribution center in mid-March and will hire 50 people within its first year of operation. The facility will be located at 3600 N. Cotton Lane and encompasses 643,800 square feet. Nationwide, Ferrero has recently…