• Strike Looms at Nuclear Power Plants

    Security officers at nuclear power plants operated by Constellation energy company may go on strike after the union representing them and the company have so far failed to reach an agreement on a new contract. Under federal law, nuclear plants must operate under a costly contingency plan in the run-up to and during a strike, and the union highlights the fact that cost of the contingency plan far exceeds the cumulative cost to the company of the annual wage increases to the security officers during the life of the contract. 

  • Companies Ignoring Climate Risks Get Punished by Markets: Study

    Companies that proactively manage climate risks boost their valuations, while those with a passive stance are discounted in the equity market, according to new research.

  • Tweaking U.S. Trade Policy Could Hold the Key to Reducing Migration from Central America

    Small changes to U.S. trade policy could significantly reduce the number of migrants arriving at the southern border. The Dominican Republic-Central America Free Trade Agreement, or CAFTA-DR. was aimed at encouraging trade and investment ties. But restrictive provisions, particularly its rules of origin, have hindered the region’s ability to benefit fully from the agreement. Loosening the rules to allow for new fabrics would not only attract investment and create more jobs for Central Americans, it could also reduce immigration from the region by as much as 67%, according to our estimates.

  • Major Bridge Accidents Caused by Ships and Barges

    Experts say there is much to be done in improving bridges which were built for smaller vessels in a different era, even with modern regulations and design codes in place. The $1.2 trillion infrastructure bill passed in 2021, which includes $110 billion for roads, bridges and major infrastructure projects, was a step in the right direction, but that it is far from the $4.5 trillion that studies have suggested are needed to upgrade American infrastructure to the target level of safety and efficiency.

  • Chinese Government Hackers Targeted Critics of China, U.S. Businesses and Politicians

    An indictment was unsealed Monday charging seven nationals of the People’s Republic of China (PRC) with conspiracy to commit computer intrusions and conspiracy to commit wire fraud for their involvement in a PRC-based hacking group that spent approximately 14 years targeting U.S. and foreign critics, businesses, and political officials in furtherance of the PRC’s economic espionage and foreign intelligence objectives.

  • U.S. to Tap Domestic Lithium Supply Without Chinese Products

    Earlier this month, the U.S. Department of Energy announced a record conditional loan of $2.26 billion to tap the largest known lithium reserves in North America. The loan is an important step in an effort by the U.S. government to reduce reliance on China for the metal used to make batteries.

  • Lawmakers: Ban TikTok to Stop Election Misinformation! Same Lawmakers: Restrict How Government Addresses Election Misinformation!

    Forty-five Washington lawmakers have argued before the Supreme Court that government communications with social media sites about possible election interference misinformation are illegal. The lawmakers insisted that government agencies can’t even pass on information about websites that state election officials have identified as disinformation, even if the agencies don’t request that any action be taken. Yet just last week the vast majority of those same lawmakers said the government’s interest in removing election interference misinformation from social media justifies banning a site used by 150 million Americans.

  • U.S. Election: Turning Off TikTok Is a Big Risk for the Democrats

    Popular social media platform TikTok stands accused of holding US data in China, fostering censorship, and spreading disinformation. Its popularity poses a dilemma for US politicians, but especially Democrats who have heavily relied on the app to reach its core base of young voters.

  • China, Not Russia, Still Tops List of Threats to US, Top Pentagon Official Says

    Russia’s war in Ukraine — portrayed by top U.S. officials as posing a danger to the United States itself — still trails China when it comes to long-term threats to America’s security, according to a top Pentagon official.

  • Owners of China-Based Company Charged with Conspiracy to Send Trade Secrets Belonging to Leading U.S.-Based Electric Vehicle Company

    Defendants allegedly conspired to send millions of dollars-worth of trade secrets to undercover law enforcement officers posing as potential customers.

  • TikTok Ban Feared, Antisemitic Conspiracy Theories Follow

    Soon after the news broke about the House, on 13 March 2024, passing a bill that could potentially lead to a nationwide ban of the popular social media platform TikTok, influencers and extremists from across the political spectrum began framing the bill as an outright ban and speculating that the bill is a product of Jewish or Zionist influence, calling it an effort to infringe on free speech by limiting the reach of pro-Palestinian content.

  • The Curse of Nostalgia: Industrial Policy in the United States

    Strategic competition, creating jobs for the future, fighting climate change—industrial policy is pitched as the cure for both geopolitical and societal ills. It is also being sold as the main tool by which those challenges can be addressed with the urgency they require. What is most surprising about industrial policy today is that the United States has taken the lead in advocating for strategic public investments at home and abroad. This has left many countries on edge, not least because it is a departure from longstanding U.S. skepticism toward government intervention in markets.

  • Larger Lesson About Tariffs in a Move That Helped Trump, but Not the Country

    Researcher details findings on policy that failed to boost U.S. employment even as it scored political points. Promising to reduce a longstanding trade deficit with China, curb theft of U.S. intellectual property, and reclaim manufacturing jobs, then-President Donald Trump announced new tariffs on a wide range of Chinese imports in January 2018. By at least one key set of measures, the move was a failure.

  • Made In Macedonia: Americans Lose Millions Buying Fake Donald Trump Debit Cards

    It is an open secret in this corner of the Balkans that a startlingly successful digital disinformation and fake news industry that emerged in the Macedonian city of Veles alongside the political rise of Donald Trump helped lay the groundwork for a thriving new business in fraudulent goods marketed through encrypted channels to Trump-style conservatives and “patriots” an ocean away. Neither the Republican presidential hopeful Trump nor any of his organizations appear to have any connection to the manufacturers, platforms, or sellers.

  • Ransomware Attacks: Death Threats, Endangered Patients and Millions of Dollars in Damages

    A ransomware attack on Change Healthcare, a company that processes 15 billion health care transactions annually and deals with 1 in 3 patient records in the United States, is continuing to cause massive disruptions nearly three weeks later. The incident, which started on February 21, has been called the “most significant cyberattack on the U.S. health care system” by the American Hospital Association. It is just the latest example of an increasing trend.