by PAUL WISEMAN, AP Economics Writer The ZTE logo (Credit: ZTE Device/Facebook via MGN.). WASHINGTON (AP) — The Trump administration has told Congress it's reached a deal that would allow Chinese telecommunications giant ZTE Corp. to stay in business, said a source familiar with the talks who spoke on condition of anonymity to discuss a confidential matter. Under the agreement, ZTE will oust its management team, hire American compliance officers and pay a fine — on top of $1 billion it's already paid for selling equipment to North Korea and Iran in violation of U.S. sanctions. In return, the U.S. Commerce Department will lift a seven-year ban on ZTE buying components from U.S. companies. The ban, imposed earlier this month, threatened to put ZTE out of business. Democratic Sen. Chuck Schumer of New York criticized the reported deal: "President Trump would be helping make China great again." … [Read more...] about Trump administration has cut deal to keep China’s ZTE in business: source
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Trump Administration Has Cut Deal With China’s ZTE: Source
The Trump administration has told Congress that it's reached a deal that would allow Chinese telecommunications giant ZTE Corp. to stay in business, a source familiar with the talks who spoke on condition of anonymity to discuss a confidential matter said Friday. A resolution of the ZTE case could clear the way for the United States to make progress in its high-stakes trade talks with China. But news of the agreement drew immediate fire on Capitol Hill. Under the agreement, ZTE would oust its management team, hire American compliance officers and pay a fine. The fine would come on top of the roughly $1 billion ZTE has already paid for selling equipment to North Korea and Iran in violation of U.S. sanctions. In return, the Commerce Department would lift a seven-year ban on ZTE's purchase of components that the Chinese firm depends on from U.S. companies. The ban, imposed earlier this month, threatened to put ZTE out of business. Moments after the White House sent a letter to North … [Read more...] about Trump Administration Has Cut Deal With China’s ZTE: Source
Former Steuben’s Chef Tapped As The Source Hotel’s Exec
Chef Brandon Biederman exited the Secret Sauce restaurant group a year and a half ago after sixteen years presiding over the culinary programs of Vesta, Steuben's and Ace Eat Serve. In the time since then, he's served dinner to some real animals.The chef took a job for a year at the Denver Zoo, working with animal nutritionists to manage the feeding program for all of the zoo's inhabitants — feathered, furred and fanged. "The biggest shock to me was all of the live bugs and frozen rodents I had to bring in," Biederman explains. "It was everything I've tried my whole career to keep out of the kitchen. "There were even quarts of blood for the vampire bats."But now Biederman has taken a job serving a different kind of animal: hotel guests. He's the new executive chef for the Source Hotel, which will open at 3330 Brighton Boulevard later this summer. While the hotel, the latest project from Zeppelin Development, which also launched the Source and Zeppelin Station nearby, will have … [Read more...] about Former Steuben’s Chef Tapped As The Source Hotel’s Exec
Source: Trump administration has cut deal with China’s ZTE
0 View Comments WASHINGTON (AP) — The Trump administration has told Congress that it's reached a deal that would allow Chinese telecommunications giant ZTE Corp. to stay in business, a source familiar with the talks who spoke on condition of anonymity to discuss a confidential matter said Friday. A resolution of the ZTE case could clear the way for the United States to make progress in its high-stakes trade talks with China. But news of the agreement drew immediate fire on Capitol Hill. Under the agreement, ZTE would oust its management team, hire American compliance officers and pay a fine. The fine would come on top of the roughly $1 billion ZTE has already paid for selling equipment to North Korea and Iran in violation of U.S. sanctions. In return, the Commerce Department would lift a seven-year ban on ZTE's purchase of components that the Chinese firm depends on from U.S. companies. The ban, imposed earlier this month, threatened to put ZTE out of business. "This is a … [Read more...] about Source: Trump administration has cut deal with China’s ZTE
Both parties’ lawmakers get FBI-source briefing
WASHINGTON -- Justice Department and intelligence officials briefed top Republican and Democratic lawmakers Thursday on a confidential FBI source who aided in the investigation of whether President Donald Trump's campaign coordinated with Russia, attempting to defuse a partisan conflict over use of the source and the FBI's reluctance to reveal information about the matter. Reversing its earlier position, the White House allowed top Democrats to join Republicans for two meetings Thursday. Chief of Staff John Kelly and White House lawyer Emmet Flood, who was recently made a point person for the special counsel's investigation, also were present for parts of the discussions. It was not immediately clear if the Justice Department had provided information that would allay conservatives' concerns, particularly those of House Intelligence Committee Chairman Devin Nunes, R-Calif., who has pushed vigorously for information about the FBI's source. In a statement after the first meeting, House … [Read more...] about Both parties’ lawmakers get FBI-source briefing