Boeing Statement on U.S.-EU Understanding on Aircraft Subsidies

Boeing Statement on U.S.-EU Understanding on Aircraft Subsidies | site |



(Information contained in The Boeing Company press release dated: June 15, 2021)


Chicago, June 15, 2021— Boeing today released the following statement:

“Boeing welcomes the agreement by Airbus and the European Union that all future government support for the development or production of commercial aircraft must be provided on market terms. The understanding reached today commits the EU to addressing launch aid, and leaves in place the necessary rules to ensure that the EU and United States live up to that commitment, without requiring further WTO action. Boeing will fully support the U.S. Government’s efforts to ensure that the principles in this understanding are respected.”...

Federal Trade Commission Approves Final Administrative Consent Order Against Amazon for Withholding Customer Tips from Amazon Flex Drivers | site |


(Information contained in Federal Trade Commission [FTC] press release dated: June 10, 2021)

Following a public comment period, the Federal Trade Commission has approved a final administrative consent order against Amazon, which has agreed to pay more than $61.7 million to settle charges that it failed to pay Amazon Flex drivers the full amount of tips they received from Amazon customers over a two and a half year period.

According to the FTC’s administrative complaint, announced in February 2021, the company regularly advertised that drivers participating in the Flex program would be paid $18-25 per hour for their work making deliveries to customers. The ads, along with numerous other documents provided to Flex drivers, also prominently featured statements such as: “You...

U.S. Secretary of Commerce Gina M. Raimondo Statement on the Conclusion of the 2021 SelectUSA Investment Summit | site |



U.S. Department of Commerce said, "This year’s Investment Summit was the largest in its history with representatives from every U.S. state and territory participating for the first time ever"


(Information contained in U.S. Department of Commerce press release dated: June 11, 2021) On the final day of the 2021 SelectUSA Investment Summit, U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “The United States offers unmatched diversity, a culture of innovation, and the world’s most productive workforce to global companies of all sizes looking to grow and succeed in the U.S. market. This week’s Investment Summit showcased that America is back and open for business, and I am thrilled to share it was a record-shattering success. “This year’s event was attended by over...

U.S. Small Business Administration Administrator Isabel Guzman’s Statement on Role of Small Businesses in Strengthening America’s Supply Chains following the President’s 100 Day Review Report | site |


(Information contained in U.S. Small Business Administration [SBA] press release dated: June 9, 2021)

Washington - - Today, U.S. Small Business Administration Administrator Isabel Guzman issued the following statement in response to President’s 100 Day Review Report on America’s Supply Chains:

“The 100 Day Review report on America’s supply chains breaks new ground in recognizing that a resilient supply chain depends on all of our small businesses and innovative startups, including those owned by women, people of color, and others who have been historically left behind by federal R&D and investment policy and whose full potential we need to leverage if we are to build back better. The SBA looks forward to partnering across the federal government...

U.S. Secretary of Commerce Gina M. Raimondo Applauds Senate Bipartisan Passage of the U.S. Innovation and Competition Act | site |



(Information contained in U.S. Department of Commerce press release dated: June 8, 2021) Following the 68-32 bipartisan passage of the U.S. Innovation and Competition Act of 2021 in the Senate, U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “Over the past three months, I have heard from dozens of stakeholders at every level of the semiconductor supply chain and customer base that we need smart, strategic investments to shore up our domestic supply chain and bolster U.S. leadership — and we need them now. “Today, the Senate took a critical bipartisan step forward to make the investments we need to continue America’s legacy as a global leader in innovation. I applaud the Senators from both parties who came together to get this done. This funding isn’t just about addressing the c...

U.S. Small Business Administration Launches 6th Annual Growth Accelerator Fund Competition, Debuts SBIR Catalyst to Award over $5 Million in Prizes | site |




(Information contained in U.S. Small Business Administration [SBA] press release dated: June 2, 2021) Washington - - The U.S. Small Business Administration announced its 6th Annual Growth Accelerator Fund Competition (GAFC) with the addition of a new component aimed at spurring investment in underrepresented communities within the innovation economy at scale. The 2021 Growth Accelerator Fund Competition and Small Business Innovation Research (SBIR) Catalyst programs will recognize the nation’s most innovative organizations with inclusive approaches towards supporting entrepreneurs in research and development (R&D). New to this year’s competition, two tracks will run totaling over $5 million in cash prizes. “The Growth Accelerator and SBIR Catalyst programs are important parts of ...

UPS announces Strategic Priorities, three-year Financial Targets and new ESG Targets | site |




The company will highlight priorities for its Customer First, People Led, Innovation Driven strategy; discuss targeted areas of growth including small and medium-sized businesses, healthcare and international; provide 2023 financial targets; and discuss newly established ESG targets.



(Information contained in UPS press release dated: June 9, 2021)

Atlanta - - UPS (NYSE:UPS) will host its investor and analyst conference today beginning at 9:00 a.m. EDT. The virtual event will be available in its entirety through a live webcast and replay at investors.ups.com .

(Graphic courtesy: UPS)

The company will highlight priorities for its Customer First,...

Federal Trade Commission Sends More Than $172 Million in Refunds to Consumers allegedly Misled by Rent-To-Own Provider Progressive Leasing | site |



FTC says more than two million consumers will receive refunds from FTC case alleging false promises of “same as cash” payment plans


(Information contained in Federal Trade Commission [FTC] press release dated: June 7, 2021) The Federal Trade Commission is returning more than $172 million to consumers who overpaid for merchandise they purchased using rent-to-own plans provided by Progressive Leasing. More than two million consumers will receive refund checks. The FTC’s complaint against the company, filed in April 2020, alleged that Progressive misled consumers about the true price of items purchased through its plans. Consumers who visited retailers to buy items such as furniture, jewelry, or cellphones frequently were told that Progressive’s payment plans were “same as cash” or “no int...

U.S. Small Business Administration Recognizes the Office of Surety Guarantees FY20 Award Winners | site |




SBA says winners highlighted have more than 524 bonds with contract value of more than $260 million


(Information contained in U.S. Small Business Administration [SBA] press release dated: June 3, 2021) Washington - - The U.S. Small Business Administration recognizes the Office of Surety Guarantees award winners for their continued work to help small contracting businesses acquire surety bonds. Three SBA surety bond partners were selected to receive awards based on their participation, activity, claims, and recovery and their commitment to helping small businesses obtain contracts with both government and private sector entities. One small business was selected to receive an award based on its growth since entering the Surety Bond Guarantee (SBG) Program and the number of jobs it supports in the local economy. West Bend Mutual Insuranc...

U.S. Department of Commerce Recognizes the United Arab Emirates’ Termination of Participation in the Arab League Boycott of Israel | site |



(Information contained in U.S. Department of Commerce press release dated: June 7, 2021) The Bureau of Industry and Security (BIS) at the Department of Commerce (Department) has amended its antiboycott provisions set forth in the Export Administration Regulations (EAR) to reflect the August 16, 2020 issuance by the United Arab Emirates (UAE) of Federal Decree-Law No. 4 of 2020, which formally ended the UAE’s participation in the Arab League Boycott of Israel. BIS’s action follows similar actions by the Departments of State and the Treasury. On April 8, 2021, Treasury removed the UAE from its list published in the Federal Register of countries that require or may require cooperation with an unsanctioned international boycott, and on April 22, 2021, State certified to Congress that the UAE had formally ended its part...