Washington, D.C. – The Export-Import Bank of the United States (EXIM) Chairman and President Fred Hochberg announced today in New Castle, Delaware that the Bank will finance the sale of Acrow Corporation of America’s modular steel bridge components to the Road Development Agency in the Republic of Zambia (ROZ). EXIM will guarantee a $73 million commercial loan to facilitate the export of 144 steel bridges. This action is expected to support approximately 200 jobs at Acrow’s manufacturing facility in Milton, Pennsylvania along with thousands more in Delaware, New Jersey and several other states.Details
In today’s cut-throat business climate, the pressure to generate profits quickly is often unrelenting and intense. From accommodating anxious shareholders and contending with new competitors that seemingly surface by the hour to providing good service to a large customer base and maintaining relationships with vendors and business partners, the daily grind is complex. And, to do all of this efficiently, effectively and expertly can be daunting to say the least.Details
Rocky Dawuni – Ghanaian musician and activist straddles the boundaries between Africa, the Caribbean and the U.S. to create an appealing sound that unites generations and cultures.Details
Washington, D.C. – Today the Export-Import Bank of the U.S. (Ex-Im Bank) announced the first recipients of five of its annual export awards in advance of its 2015 Annual Conference to be held April 23-24 at the Omni Shoreham Hotel in Washington, DC.Details
Joint Millennium Challenge Corporation and Department of Commerce Business Development Mission to Africa
The Millennium Challenge Corporation (MCC) and the Department of Commerce (DOC) are now seeking applicants for the Joint MCC and DOC Energy Sector Business Development Mission to Africa.Details
The defendants in a scheme that targeted Spanish-speaking consumers have been banned from telemarketing and selling weight-loss products under a new settlement with the Federal Trade Commission (FTC).
The settlement agreement, released March 2, comes on the heels of the FTC’s annual fraud report, which cited phone scams as one of the leading means of fraud nationwide. The agency received more than 1.5 million fraud-related complaints totaling more than $1.7 billion in 2014. Of the 46% who reported a specific method of fraudulent contact, 54% said they were initially contacted by phone. The annual report was released February 27.Details
OAKLAND, Calif. – Between his full-time job as a paid caregiver and being a parent, Sonny Villar has little time for anything else, especially because of the hours he spends commuting to and from work by bus.
“It’s very, very tiring,” the Filipino native said
Now, Villar is going on line late at nights and cramming for the California driver’s license test, scheduled for March 5, so he can get behind the wheel of a car, something he has been wanting to do since he arrived in the United States in 2003.Details
So, money, money, money, MONEY! Yes, we are all about that money aren’t we? It’s a culture of wealth, status, the symbolism is everywhere, I HAVE ARRIVED; I AM HERE; I AM HAPPY; HAVE MADE IT. But, my question is, when did money become such a destination that we forgot along the way the initial purpose, that we wanted it in order to first, provide for our primary needs, and then possibly some extra comforts.Details
Ex-Im Bank Chairman Hochberg Signs $1 Billion Memorandum of Understanding to Support U.S. Clean Energy Exports to India
Washington, D.C. – Today, Export-Import Bank of the United States (Ex-Im Bank) Chairman Fred P. Hochberg signed a Memorandum of Understanding with Chairman K.S. Popli of the Indian Renewable Energy Development Agency (IREDA) that will explore options for utilizing up to $1 billion to finance the sale of U.S. clean energy exports to India.
Chairman Hochberg is visiting India this week to promote made-in-America exports in support of U.S. jobs.Details
Export-Import Bank Chairman Fred P. Hochberg’s Statement on the Release of Export Data from the Commerce Department
Washington, D.C. – Ex-Im Bank Chairman and President Fred P. Hochberg issued the following statement with respect to September’s export data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.Details