U.S. President Joe Biden's bid to draw Vietnam closer as a strategic ally clashed with his desire for union workers' votes on Wednesday as trade lawyers sparred over whether the Commerce Department should upgrade the communist-ruled country to market economy status. The move, opposed by U.S. steelmakers, Gulf Coast shrimpers and American honey farmers, but backed by retailers and some other business groups, would reduce the punitive anti-dumping duties set on Vietnamese imports because of its current status as a non-market economy marked by heavy state influence. Vietnam's deepening economic ties to China loomed large in arguments on both sides of the issue at a virtual public hearing hosted by the Commerce Department as part of a review and decision due on July 26.
May 8—ROCHESTER — Rochester Public Schools is suing a Georgia company over a stockpile of iPads dating back to 2020. The district filed the lawsuit against Cornerstone Technologies LLC in Minnesota District Court on May 1. "(The) defendant has consistently been in default of this agreement from almost the day it was executed," the lawsuit reads. According to the court filing, the district ...
The S&P 500 was quiet again, but Toast led several new buys. Robinhood and Arm were big earnings movers late.
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