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The Latest Breaking News from Commerce Department

Dow Hits Yet Another Record High

It pops up to 41,563.08 points fueled by favorable inflation news from the Commerce Department

International Business Times

Kaspersky to shutter US operations after its software is banned by Commerce Department, citing risk

Cybersecurity firm Kaspersky says it’s shutting down all of its operations in the United States, just weeks after the Commerce Department banned the use of the company’s software in the country

The Independent UK

Supreme Court Weakens Federal Agencies' Regulatory Power

The Supreme Court's recent ruling limits federal agencies' regulatory authority, reflecting a broader conservative agenda.

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U.S. bans Kaspersky and hands out sanctions to execs — 100 days until class-leading antivirus ban takes effect

Antivirus company Kaspersky Labs and several subsidiaries were banned from U.S. operations on Thursday, and customers had 100 days to find an alternative. The U.S. also sanctioned 12 executives.

Tom’s Hardware

Cybersecurity firm Kaspersky denies it's a hazard after the US Commerce Dept bans its software

The cybersecurity firm Kaspersky has denied it is a security threat after the U.S. Commerce Department banned the use of its software in the United States

The Independent UK

US Bans Russia's Kaspersky Antivirus Software

The United States on Thursday banned Russia-based cybersecurity firm Kaspersky from providing its popular antivirus products in the country on national security grounds, the US Commerce Department announced.

International Business Times

US Bans Use Of Russian Cybersecurity Firm's Software

The Biden administration bans US use of Kaspersky Lab software over national security concerns.

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US Revokes Some Licenses For Exports To China's Huawei

The United States has revoked some export licenses that allowed companies such as US chip firm Qualcomm to supply Chinese tech giant Huawei, the Commerce Department confirmed on Wednesday.

International Business Times

Commerce Department Implements Stricter Rules On U.S. Firearms Exports

Learn about the Commerce Department's new restrictions on U.S. firearms exports to prevent misuse and enhance national security.

Top News

US To Ban Kaspersky Lab Software Over National Security Concerns

Biden administration to ban US use of Kaspersky Lab software over national security concerns.

Top News

New Budget Deal Includes $12 Billion 'Cut' That Doesn't Actually Cut Anything

Anatomy of a budget gimmick.

Reason

Chinese EVs could be derailed in the US as President Biden brands them a security threat

President Biden has launched a Commerce Department investigation to see if electric vehicles from China pose a national security risk.

TechRadar

US Retail Sales In January Log Biggest Fall In Almost A Year

Retail sales in the United States slipped more than anticipated last month, retreating after the holiday season and bogged down by auto sales and gas prices, government data showed Thursday.

International Business Times

Commerce Department partners with major VC firms encourage startups to be “responsible” in AI use

The effort, led by General Catalyst, expands an effort to encourage responsible AI that was previously focused on Big Tech firms.

Fortune

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Reason

Companies Seeking CHIPS Act Subsidies Are Encouraged To Double-Dip

At least a dozen states have beefed up targeted incentives to coincide with handouts from the Commerce Department.

WEKU

The U.S. imports most of its solar panels. A new ruling may make that more expensive

The Commerce Department says solar panel makers in four Southeast Asian countries are evading U.S. duties on Chinese solar components. The finding could raise costs in the United States.

Chicago Sun-Times

Consumers no longer ‘penny-pinching’ as retail sales rose solidly last month

Retail sales rose a better-than-expected 0.7% in July from June, according to the Commerce Department.

Roll Call

Officials juggle several US goals as they award CHIPS money - Roll Call

The Commerce Department has assembled a team to allocate the money Congress provided last year to revitalize the US chip industry.

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Tribune News Service

Orders for US business equipment increase for a second month

Orders placed with U.S. factories for business equipment rose in May for a second month, indicating companies continue to make longer-term investments despite high borrowing costs and economic uncertainty.

Axios

"No basis in fact": U.S. slams China claim that chipmaker Micron poses national security risk

Chinese agency tells operators of "critical information infrastructure" to stop buying Micron's products.

Roll Call

Supreme Court to decide major case on federal rule-making power - Roll Call

The Supreme Court will decide a challenge over how courts assess federal rule-making, setting up a major case on executive agency power.

The Independent UK

House votes to restore solar panel tariffs paused by Biden

The House voted Friday to reinstate tariffs on solar panel imports from several Southeast Asian countries

Roll Call

Bipartisan measure to block solar tariff waiver heads to markup - Roll Call

A bipartisan measure would strike down an administration waiver of tariffs on solar energy equipment from four countries in Southeast Asia.

Reuters

U.S. adds Nicaraguan National Police to export control list, citing human rights

The U.S. Commerce Department on Tuesday added the Nicaraguan National Police to a government export control list after the Biden administration said the police force was engaged in serious human rights abuses in Nicaragua.

Chicago Sun-Times

Companies that get federal subsidies should be required to provide child care

The Biden administration plan to impose a child care requirement on the semiconductor industry is a start.

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