SAN FRANCISCO (Reuters) - SoftBank Group Corp has agreed to give up board seats and access to sensitive information, take a more passive role in startups and make other concessions to get government clearance for its technology deals, as the Japanese investor confronts a new U.S. law aimed at cracking down on foreign investors. FILE PHOTO - SoftBank Corp. placard is prepared during a ceremony to mark the company's debut on the Tokyo Stock Exchange in Tokyo, Japan December 19, 2018. REUTERS/Issei Kato SoftBank’s investment style has made it a frequent visitor of a U.S. government group known as the Committee on Foreign Investment in the United States (CFIUS), charged with reviewing foreign investment for national security and competitive risks. “We know the deals are going to be reviewed,” Marcelo Claure, chief operating officer of SoftBank Group Corp, said in an interview with Reuters this week. “We have abided by what the U.S. government … [Read more...] about SoftBank picking its battles with U.S. national security committee
Business executives for national security
Sections SEARCH Skip to content Skip to site index Climate Subscribe Log In Log In Today’s Paper Climate | White House Panel Will Study Whether Climate Change Is a National Security Threat. It Includes a Climate Denialist. Supported by ByCoral Davenport Feb. 20, 2019 Want climate news in your inbox? Sign up here for Climate Fwd: , our email newsletter. WASHINGTON — President Trump is preparing to establish a panel to examine how climate change affects national security, to include a White House adviser whose views are sharply at odds with the established scientific consensus that human-caused global warming poses a threat to the nation’s economy, health and security. According to a White House memo dated Feb. 14, Mr. Trump’s staff members have drafted an executive order to create a 12-member Presidential Committee on Climate Security that will advise Mr. Trump about “how a … [Read more...] about White House Panel Will Study Whether Climate Change Is a National Security Threat. It Includes a Climate Denialist.
WASHINGTON, Jan 24 (Reuters) - Former U.S. Vice President Joe Biden, a Democrat who is weighing a run for president in 2020, called for national unity amid political divisiveness in a speech on Thursday to local elected officials.Speaking steps away from the White House, Biden spoke about the importance of investment in infrastructure and addressing climate change, delivering veiled criticism of President Donald Trump, who is a Republican."Folks we’re walking around with our heads down," Biden, 76, said in the speech at the U.S Conference of Mayors. "We are in trouble, but we were in so much more trouble in the past. The American people are capable of doing anything."He did not refer to Trump by name, but criticized the administration for withdrawing from the 2015 Paris climate agreement.RELATED: Joe Biden through the years 36 PHOTOS Joe Biden through the years See Gallery Joe Biden through the years Washington, DC. 6-9-1987 Senator Joe Biden (D.,DE.) announces his … [Read more...] about Former Vice President Joe Biden calls for national unity
Sections SEARCH Skip to content Skip to site index Politics Log In Subscribe Log In Today’s Paper Politics | Upheaval in National Security, Government and the Markets: Here’s the State of Play Supported by ByMikayla Bouchard Dec. 20, 2018 Congress, the military and the markets were all in upheaval on Thursday. The news is too much to fit in one story. So here is a rundown of the state of play, with links to our in-depth coverage for further reading. National Security The Trump administration on Thursday announced the withdrawal of about 7,000 American troops from Afghanistan in the coming months, around half of what the American military has there now. This comes one day after President Trump abruptly ordered the withdrawal of 2,000 American troops from Syria, overruling many of his top generals and military advisers. The decision, which was announced on Twitter, plunged the administration’s … [Read more...] about Upheaval in National Security, Government and the Markets: Here’s the State of Play
Sections SEARCH Skip to content Skip to site index Politics Subscribe Log In Log In Today’s Paper Politics | Trump’s Use of National Security to Impose Tariffs Faces Court Test Supported by ByGlenn Thrush Dec. 19, 2018 President Trump has weaponized tariffs to upend the global rules of international trade — but can his policies withstand the peanut butter test? On Wednesday, a three-judge panel, deliberating in a federal courtroom in Lower Manhattan, considered the most far-reaching legal challenge to the president’s aggressive use of national security to justify placing levies on steel and aluminum imports from Europe as well as Canada, Mexico, China and other nations. The case, filed by an alliance of steel importers, revolves around an important constitutional question: whether a provision of United States trade law, known as Section 232 of the Trade Expansion Act of 1962, gives the … [Read more...] about Trump’s Use of National Security to Impose Tariffs Faces Court Test