Business News John Thune

  • Congress has been expected to pass some sort of online privacy bill to pre-empt a stringent law passed by California. Rubio's bill, which would pre-empt the California law if passed by Congress, would require consumer protection regulator the Federal Trade Commission to draw up rules for companies to follow that are based on the Privacy Act of 1974, with a goal...

  • Laborers build part of a border wall in Texas.

    If the last face-to-face meeting among Democrats Nancy Pelosi and Chuck Schumer and President Donald Trump is any guide, the discussion could prove tense — and unproductive.

  • WASHINGTON, Jan 2- The U.S. Senate confirmed Geoffrey Starks to join the Federal Communications Commission and approved a new term for Commissioner Brendan Carr late on Wednesday. His nomination was backed by Senate Democratic leader Chuck Schumer and is one of two Democratic seats on the five-member FCC. The FCC faces a number of significant issues in 2019,...

  • Senate Minority Leader Chuck Schumer (D-NY) and House Speaker designate Nancy Pelosi (D-CA) speak to reporters after meeting with U.S. President Donald Trump at the White House in Washington, U.S., December 11, 2018.

    The briefing comes as Trump continues to demand $5 billion in taxpayer money for the border wall and Democratic leaders have shown no willingness to agree to it.

  • President Donald Trump speaks with Senate Democratic Leader Chuck Schumer (D-NY) in the Oval Office of the White House in Washington, U.S., December 11, 2018.

    The White House invites top lawmakers to meet about the standoff over border funding.

  • The U.S. Capitol in Washington, DC.

    As of Monday night, even Senate Republican leaders did not know President Donald Trump's plan to avoid a government shutdown amid an impasse over his proposed border wall.

  • WASHINGTON, Dec 12- A landmark U.S. bill that would speed adoption of self-driving cars is now "a long shot" to pass before the current Congress adjourns in the coming weeks, a key Republican senator behind the legislation said. Many automaker lobbyists and congressional aides say the bill would face even tougher odds in 2019 when Democrats and Republicans will...

  • WASHINGTON, Dec 3- Key U.S. senators are making a last-ditch effort to win approval of a bill to speed the use of self-driving cars without human controls, but face an uphill battle on Capitol Hill. The pair have been working for more than a year to try to win approval of the bill by the Senate and have said they may try to attach the measure to a bill to fund U.S. government...

  • Hyundai and its affiliate Kia together the world's No. 5 auto group both said they had cooperated with Senate Committee staff on the issue and the National Highway Traffic Safety Administration in its ongoing investigation. Hyundai said separately it "unequivocally the committee's goal of assuring the safety of vehicles. Hyundai welcomes a more...

  • WASHINGTON, Nov 1- A senior Democratic U.S. senator on Thursday unveiled draft legislation that would allow hefty fines and as much as 20- year prison terms for executives who violate privacy and cybersecurity standards. Senator Ron Wyden released a draft of legislation that would grant the Federal Trade Commission authority to write privacy regulations.

  • WASHINGTON, Oct 17- The Senate Commerce Committee's Republican chairman and ranking Democrat said on Wednesday they had asked top U.S. executives at Hyundai Motor Co and Kia Motors Corp to testify at a Nov. 14 hearing on reports of engine fires involving vehicles from the Korean automakers. Hyundai said in a statement it had received the request to appear "and is...

  • WASHINGTON, Oct 17- The Senate Commerce Committee's Republican chairman and ranking Democrat said on Wednesday they had asked top U.S. executives at Hyundai Motor Co and Kia Motors Corp to testify at a Nov. 14 hearing on reports of engine fires involving vehicles from the Korean automakers. Hyundai said in a statement it had received the request to appear "and is...

  • Neither Hyundai nor Kia had any immediate comment. In May 2017, the National Highway Traffic Safety Administration, an agency of the U.S. Department of Transportation, opened a formal investigation into the recall of nearly 1.7 million Hyundai and Kia vehicles over engine defects. The letter to the automakers also signed by Senator John Thune, who chairs the...

  • The letter from Senator John Thune, who chairs the Commerce Committee, and two other senators who chair subcommittees- Jerry Moran and Roger Wicker- asked Google to explain a reported delay in disclosing the issue. The letters asked whether the vulnerability was revealed previously to any federal agencies, including the Federal Trade Commission, and if there...

  • The letter from Senator John Thune, who chairs the Commerce Committee, and two other senators who chair subcommittees-- Jerry Moran and Roger Wicker-- asked Google to explain a reported delay in disclosing the issue. The letters asked if the vulnerability was revealed previously to any federal agencies, including the Federal Trade Commission, and if there were "...

  • Senator John Thune has asked Apple, Amazon and Super Micro Computer for staff briefings about a Bloomberg report that the Chinese government implanted malicious hardware into server motherboards provided by Super Micro.

  • WASHINGTON, Oct 9- The top Republican on the Senate Commerce Committee has asked Apple Inc, Amazon.com Inc and Super Micro Computer Inc for staff briefings about a Bloomberg report that the Chinese government implanted malicious hardware into server motherboards provided by Super Micro. Separately, Republican Senator Marco Rubio and Democratic Senator...

  • WASHINGTON, Oct 9- The top Republican on the Senate Commerce Committee has asked Apple Inc, Amazon.com Inc and Super Micro Computer Inc for staff briefings about a Bloomberg report that the Chinese government implanted malicious hardware into server motherboards provided by Super Micro. Senator John Thune said in letters made public on Tuesday to the...

  • WASHINGTON, Sept 26- Major technology companies and internet service providers told a U.S. Senate panel on Wednesday they support federal legislation to protect data privacy but want Congress to preempt tough new rules adopted by California. Amazon.com Inc, Alphabet Inc, Apple Inc, AT&T Inc, Charter Communications Inc and Twitter Inc all told the Senate...

  • WASHINGTON, Sept 25- Leading internet search engine Google will acknowledge that it has made "mistakes" on privacy issues in testimony an executive of the Alphabet Inc unit will deliver to a U.S. Senate committee on Wednesday, according to a document reviewed by Reuters. The U.S. Commerce Department said it was seeking comments on how to set nationwide data...