Nvidia meets Chinese trade negotiator as fresh US chip sanctions loom

Nvidia meets Chinese trade negotiator as fresh US chip sanctions loom

Beijing’s top trade negotiator met the head of Nvidia’s global business operations on Monday, ahead of an expected escalation of US restrictions on China’s semiconductor industry, which reportedly could come as soon as this week. Wang Shouwen, the vice commerce minister who was a key member of China’s trade negotiation team during Donald Trump’s first … Read more

Major business groups sue to block FTC’s ban on most worker noncompete agreements

Major business groups sue to block FTC’s ban on most worker noncompete agreements

The U.S. Chamber of Commerce, the country’s largest business lobby, filed a lawsuit on Wednesday seeking to strike down a federal agency’s near-total ban on employers requiring workers to sign agreements not to join rivals or launch competing businesses. The Chamber’s lawsuit in federal court in Tyler, Texas, alleges that the U.S. Federal Trade Commission … Read more