G-7 Punishing China with End to Dispute Over Airplane Subsidies

United States and the European Union have resolved a long-running trade dispute over subsidies to Airbus by the E.U. and Boeing by the U.S., a move that is hoped to improve transatlantic relations as both sides seek to counter China's rising economic influence and abuses of people in Asia.

Have You Eaten at McDowell’s?

“Look . . . me and the McDonald’s people, got this little misunderstanding.  See, they’re ‘McDonald’s.  I’m McDowell’s.  They got the golden arches.  Mine’s the golden arcs.  They got the Big Mac, I got the Big Mick.  We both got two all-beef patties, special sauce, lettuce, cheese, pickles, and onion.  But, they use a sesame seed bun.  My buns have no seeds.”

Belarus ‘diverts Ryanair flight to arrest journalist’, opposition says

This is how 3rd World Countries act with respect to political opposition. Let's pray it does not get this level in the U.S. A Ryanair plane from Greece to Lithuania was diverted to Belarus for several hours on Sunday, with activists saying it was done to arrest a dissident journalist on board. Flight FR4978 was … Continue reading Belarus ‘diverts Ryanair flight to arrest journalist’, opposition says

Feds probing American Express’ business, consumer card sales practices

American Express disclosed on Friday that several federal agencies are probing its sales practices for its small business credit cards and consumer cards. The company said in a regulatory filing that it received a grand jury subpoena in January from the U.S. Attorney’s Office for the Eastern District of New York over its sales practices for its … Continue reading Feds probing American Express’ business, consumer card sales practices

USPTO report examines the impact of Chinese government subsidies and other non-market factors on the recent rise in patent and trademark filings in China

January 13, 2021Press Release21-01 CONTACT: (Media Only)Paul Fucito or Mandy Kraft(571) 272-8400 or paul.fucito@uspto.gov or mandy.kraft@uspto.gov WASHINGTON — A new report published by the United States Patent and Trademark Office (USPTO), “Trademarks and Patents in China: The Impact of Non-Market Factors on Filing Trends and IP Systems,” discusses how the high rate of Chinese patent and trademark filings … Continue reading USPTO report examines the impact of Chinese government subsidies and other non-market factors on the recent rise in patent and trademark filings in China

SEC Charges Advisor in $3.9 Million Ponzi Scheme

On November 2,2018, the U.S. Securities and Exchange Commission charged a former registered representative and investment advisor with operating a long-running fraud and "Ponzi" scheme.  A Ponzi scheme, named after Charles Ponzi from the 1920s, is a form of fraud in which belief in the success of a nonexistent enterprise is fostered by the payment of quick … Continue reading SEC Charges Advisor in $3.9 Million Ponzi Scheme

Securities and Exchange Commission will Target Mutual Funds and ETFs in Exams

On November 8, 2018, the U.S. Securities and Exchange Commission announced a launching of a series of exam initiatives focused on mutual funds and exchange-traded funds (ETFs). The agency’s Office of Compliance Inspections and Examinations released a Risk Alert stating that the exams will focus on funds and/or advisors that fall into one or more … Continue reading Securities and Exchange Commission will Target Mutual Funds and ETFs in Exams

Case Against Prosecutor Mosby Appealed to Supreme Court

The Plaintiffs in the civil case of Nero v. Mosby have filed an appeal with the U.S. Supreme Court to request that their case move forward.  Nero is Edward M. Nero, one of the officers--three of whom were black--charged by Marilyn Mosby after the 2015 death of Freddie Gray in Baltimore.  The U.S. 4th Circuit, in … Continue reading Case Against Prosecutor Mosby Appealed to Supreme Court

No Potholes for U.S. Economy–Expansion Indefinite–But No Fed Tightening

Fed Chairman Jerome Powell emphasized that the outlook for the U.S. economy is “remarkably positive” and mused that the expansion now underway can continue “effectively indefinitely.”  Speaking at the Atlantic Festival in Washington D.C., Powell said rates need to continue to move toward an estimated neutral level and even a bit beyond. Yields on U.S. … Continue reading No Potholes for U.S. Economy–Expansion Indefinite–But No Fed Tightening

Chapter 11 Plan Better Than Bids for Toys ‘R’ Us

The top lenders of Toys ‘R’ Us have decided to cancel the bankruptcy auction of its brand name and other intellectual property assets and instead plan to revive the Toys ‘R’ Us and Babies ‘R’ Us brand names, a court filing on Monday showed. Toys “R” Us had filed for Chapter 11 bankruptcy protection in … Continue reading Chapter 11 Plan Better Than Bids for Toys ‘R’ Us