Jan 17 (Reuters) - The U.S. government will crack down on companies that violate export rules, with stiffer penalties to deter future violations involving countries like China, Russia and Iran, a ...
The Department of Commerce’s Bureau of Industry and Security (BIS) has a strategic role in U.S. national security, foreign policy, and economic interest. With a change in administration in 2025, BIS’s ...
Big changes are afoot at the U.S. Department of Commerce Bureau of Industry and Security that, on the one hand, would significantly raise the stakes for companies that run afoul of export control ...
As the interplay between export controls, trade sanctions, and anticorruption enforcement continues to intensify, multinational companies must remain vigilant in ensuring that their compliance ...
RTX will pay a $200 million civil penalty and implement remedial measures under a consent agreement. The aerospace and defense company reached a settlement agreement with the U.S. State Department ...
Russia’s invasion of Ukraine has sparked a war with unusual implications: The U.S. has stepped up sanctions and export controls. But companies are increasingly learning that the most seemingly ...
April 21, 2026 - On February 11, 2026, the U.S. Department of Commerce's Bureau of Industry and Security ("BIS") announced a $252.5 million settlement with Applied Materials Inc. to resolve ...
WASHINGTON – New Jersey Rep. Tom Kean, Jr., R-7th, along with Rep. Julie Johnson (D-TX) have introduced bi-partisan legislation designed to prevent the smuggling of American-made artificial ...
US export-control cases show how Nvidia chips and other restricted tech are allegedly diverted to China and Russia through ...
Key components produced by a leading Taiwanese chipmaker were found in a powerful AI chip from a Chinese company, according to an initial report from a semiconductor research firm, which experts say ...
The U.S. State Department says Raytheon will pay $4 million in civil penalties and another $4 million to make remedial self-improvements to resolve “hundreds” of civil violations of the Arms Export ...