District Court Ruling in FTC’s Monopolization Case against Qualcomm

San Francisco, California - Federal Trade Commission Competition Director Bruce Hoffman issued this statement regarding the U.S. District Court for the Northern District of California’s ruling yesterday that Qualcomm Inc.’s licensing practices relating to its modem chips violate Sections 1 and 2 of the Sherman Act and constitute an unfair method of competition under the FTC Act:

Trump’s Deal of the Century might look like this...

San Diego, California - President Trump has teased forward his impending ‘Deal of the Century’ peace plan for Israel. Hope wanes eternal. But what might his historic peace plan actually entail?

Osprey Aviation Tilts from Green to Blue

Arabian Sea - Since 1963, the Navy has used the C-2A Greyhound, known as the carrier onboard delivery (COD), for transportation of personnel and cargo from shore to at-sea aircraft carriers. But the aircraft’s inactive production line and other limitations had the Navy looking for a more versatile option.

New Submarine Force Battle 'E' Instruction Released

Norfolk, Virginia - Commander, Submarine Forces released an updated instruction for the Battle Efficiency (“E”) Competition Award for submarine commands.

U.S., Allies Conclude Formidable Shield 2019

Naples, Italy - Exercise Formidable Shield 2019, a live-fire integrated air and missile defense (IAMD) exercise held at the U.K. Ministry of Defence’s Hebrides Range in the vicinity of the Western Isles of Scotland and conducted by Naval Striking and Support Forces NATO (STRIKFORNATO) on behalf of U.S. 6th Fleet, concluded May 19.

Wells Fargo Personal Banker Pleads Guilty to Money Laundering Charges

San Diego, California - Luis Fernando Figueroa of Tijuana pleaded guilty in federal court Thursday to money laundering charges, admitting that he worked with others to launder and transfer money to Mexico through accounts he opened up at Wells Fargo as a personal banker.