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Category: Regulations


Regulations

GE Didn’t Deliver on Jobs. Now, France Wants Up to $60 Million

January 15, 2019

Via: Industry Week

Four years ago, General Electric Co. (IW 500/6) made a commitment to win France’s approval to buy Alstom SA’s energy business: It would create jobs or pay a hefty fine. The Boston-based company pledged it would add 1,000 positions in […]


Regulations

Exclusive: New documents link Huawei to suspected front companies in Iran, Syria

January 8, 2019

Via: Reuters

U.S. authorities allege CFO Meng Wanzhou deceived international banks into clearing transactions with Iran by claiming the two companies were independent of Huawei, when in fact Huawei controlled them. Huawei has maintained the two are independent: equipment seller Skycom Tech […]


Regulations

Qualcomm heads to trial in crucial fight with U.S. antitrust regulator

January 4, 2019

Via: Reuters

If the government prevails in the non-jury trial before U.S. District Judge Lucy Koh, in San Jose, California, Qualcomm could be forced to change its practices for licensing a trove of patents to manufacturers like iPhone maker Apple Inc (AAPL.O). […]


Regulations

Lawmakers urge Trump administration to bolster U.S. pipeline cybersecurity

December 19, 2018

Via: Reuters

A federal report released on Wednesday said Homeland Security’s Transportation Security Administration, or TSA, does not have a process to update its pipeline security guidelines to reflect revisions to standards considered by experts and regulators to be the industry bible […]


Regulations

House tax bill would delay medical device tax by another 5 years

December 11, 2018

Via: Mass Device

A bill to extend this year’s tax cuts would also put a five-year moratorium on the medical device tax enacted as part of the Affordable Care Act. Although the 2.3% levy on prescribed medical devices was enacted as part of […]


Industry Focus Areas, Motorized Vehicle, Regulations

GM’s Mary Barra to Face Pressure on Cutbacks From US Lawmakers

December 5, 2018

Via: Industry Week

Even in a hyper-polarized Washington, there’s been one area of consensus lately on Capitol Hill: anger at General Motors Co. and its CEO, Mary Barra. Barra will face that ire during two days of meetings this week with lawmakers from […]


Regulations

South Korea indicts group for leaking Samsung display tech to Chinese firm

November 29, 2018

Via: Reuters

SEOUL (Reuters) – South Korean prosecutors on Thursday said they have indicted nine people on suspicion of leaking Samsung Electronics Co Ltd flexible display technology to a Chinese company. The Suwon District Prosecutors’ Office has charged the chief executive and […]


Industry Focus Areas, Medical, Regulations

Zimmer Biomet recalls bone stimulators on contamination risk

November 27, 2018

Via: Mass Device

Zimmer Biomet (NYSE:ZBH) recalled nearly 1,400 bone stimulators on the risk that they could be contaminated with bacteria or chemicals, the FDA said yesterday. The Class I recall, denoting the risk of serious injury or death, covers 1,360 implantable bone […]


Energy, Industry Focus Areas, Regulations

Keystone XL pipeline case portends struggle for Trump emissions rollback effort

November 20, 2018

Via: Automotive News

WASHINGTON — Public interest groups, state pollution regulators and many automakers are wringing their hands over the Trump administration’s campaign to dilute clean-car standards for the 2021-26 model years. They can relax. This is “The Gang That Couldn’t Shoot Straight.” […]


Energy, Industry Focus Areas, Regulations

EPA plans biofuel ‘reset’ as program misses Congress’ targets

November 20, 2018

Via: Reuters

The planned reset of the U.S. Renewable Fuel Standard is likely to set up a fresh battle between two industries, with corn growers wanting the highest possible targets to spur investment, and oil companies eyeing the smallest to reduce costs. […]