News & Analysis as of

Economic Development Trump Administration

Robins Kaplan LLP

Financial Daily Dose 10.30.2020 | Top Story: U.S. GDP Roars Back in Q3 But Dramatically Lags Pre-Pandemic Levels

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Breaking down Thursday’s GDP report, which—as expected—was gangbusters in isolation but in context shows U.S. economic output “3.5 percent below where it was in the last pre-pandemic quarter, equivalent to a severe recession...more

Nossaman LLP

Trump Executive Order: Environmental Streamlining or Political Quagmire?

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On June 4, 2020, President Trump signed an executive order to provide federal agencies the foundation to speed up environmental permitting in the wake of COVID-19. ...more

Bennett Jones LLP

Bennett Jones Spring 2020 Economic Outlook

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The COVID-19 pandemic has triggered the most severe economic shock since the Great Depression. Despite massive intervention by central banks and governments, real output in the advanced economies likely fell in mere weeks by...more

Hogan Lovells

President Trump Issues Executive Order Authorizing Agencies to Provide Regulatory Relief to Support Economic Recovery in Response...

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On May 19, President Trump issued an Executive Order (EO) authorizing federal agencies to provide regulatory relief to support the economic response to the COVID-19 outbreak. Specifically, the EO allows agencies to rescind,...more

Akin Gump Strauss Hauer & Feld LLP

American AI Initiative Year One Report Reinforces White House’s Commitment to AI American Leadership

On February 11, 2019, President Trump signed an Executive Order (E.O. 13859) launching the American Artificial Intelligence (AI) Initiative to increase U.S. prosperity, enhance national and economic security, accelerate...more

Robins Kaplan LLP

Financial Daily Dose 10.4.2019 | Top Story: Markets Watching US Jobs Report for Clues on More Fed Rate Action

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Jobs report Friday again. Here’s what to look for in the numbers [and let’s temper those expectations, okay?]...more

Robins Kaplan LLP

Financial Daily Dose 8.26.2019 | Top Story: Amgen to Pay More Than $13 Billion for Otezla

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Amgen will pay $13.4 billion in cash to buy psoriasis treatment Otezla, a deal that will “pave the way for Bristol-Myers Squibb to complete its acquisition of Celgene” by addressing “regulatory concerns over their union”....more

Robins Kaplan LLP

Financial Daily Dose 6.6.2019 | Top Story: FiatChrysler Withdraws Offer to Merge With Renault

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Well, that was short lived.  FiatChrysler broke news late yesterday that it’s withdrawing its offer to merge with France’s Renault, mere weeks after the companies bowled over the auto world with the proposal. Fiat blamed the...more

Bennett Jones LLP

Bennett Jones Spring 2019 Economic Outlook

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After a strong performance in 2017 and the first half of 2018, the global economy slowed markedly and is projected to grow at a more moderate but also more sustainable annual rate of 3.3% from 2019 to 2021. In Section I, we...more

Robins Kaplan LLP

Financial Daily Dose 6.4.2019 | Top Story: DOJ, FTC, and Congress Set to Investigate Big Tech

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Much more on the suddenly hot topic of Big Tech antitrust oversight, including a negotiated agreement among regulators that will see the DOJ handling Apple and Google while the Federal Trade Commission will take on Facebook...more

Snell & Wilmer

Coal Exports: The Trump Administration and Western States Take Action to Open Ports for Shipment of Coal

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On April 10, 2019, President Donald Trump signed an Executive Order seeking to address permitting and policy obstacles preventing the export of coal and other energy resources through West Coast ports. New port facilities and...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - March 2019 #2

West Virginia Supreme Court Hears Oral Arguments in EQT Doddridge County Trespassing Case - "The state Supreme Court will decide if a lower court judge got it right when he ruled natural gas production company EQT trespassed...more

Jones Day

White House Unveils American AI Initiative: The Future Is Now

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The Situation: Recognizing the vital role that artificial intelligence ("AI") plays in the economy and national security interests of the United States, President Trump recently issued an Executive Order unveiling the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - February 2019 #3

NY Natural Gas Moratorium Due to Lack of Pipelines, but Some in Denial - "The slowing of economic development resulting from New York's political actions is a testament to what happens when energy becomes politicized." ...more

Akin Gump Strauss Hauer & Feld LLP

Artificial Intelligence Initiatives Announced by Administration and Federal Agencies

Artificial Intelligence Alert, February 19, 2019  February 19, 2019 Last week, the Trump administration and federal agencies announced several initiatives related to artificial intelligence (AI). In addition to these...more

White & Case LLP

Peak performance: US M&A in 2018: US M&A survey: Deal drivers and dilemmas

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We surveyed 200 executives on their views about the future of M&A and found that most remain optimistic about 2019 - On the one hand, the US economy has grown steadily, unemployment is down, interest rates remain low and...more

Pullman & Comley, LLC

Opportunity Zone Benefits and Incentives for Developers, Promoters and Potential Investors

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The “Opportunity Zone” community development program was established by Congress in the 2017 Tax Cuts and Jobs Act to encourage long-term investments in low-income urban and rural communities nationwide. ...more

Mayer Brown

Questions and Answers from our Webinar Window of Opportunity: The IRS Issues Initial Guidance on Qualified Opportunity Zone Rules

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Below are questions submitted by the audience during our webinar Window of Opportunity: The IRS Issues Initial Guidance on Qualified Opportunity Zone Rules. The webinar was on November 2, 2018. Here’s the presentation from...more

Bennett Jones LLP

Bennett Jones Fall 2018 Economic Outlook

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Section I: Global Growth to 2021 - Recent Developments - The world economy has expanded at a solid rate in the first three quarters of 2018, although growth has been somewhat slower and less synchronized than during...more

Ballard Spahr LLP

Update on Qualified Opportunity Zones: First Set of Guidance Issued

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The Tax Cuts and Jobs Act introduced a new tax-incentive program known as Qualified Opportunity Zones (QOZs). In 2018, governors of all 50 states, the District of Columbia, and the five U.S. possessions designated more than...more

Bricker Graydon LLP

Treasury Department and Internal Revenue Service release guidance for Opportunity Zone incentive

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The Treasury Department has released guidance for the new opportunity zone (OZ) tax incentive, which addresses gains invested in qualified opportunity funds (QOF)...more

Bradley Arant Boult Cummings LLP

Three Things You Need to Know: How Trump’s “Tax Cuts and Jobs Act” Will Impact State Incentives and Project Recruitment - Economic...

As you may know, President Trump signed into law the Tax Cuts and Jobs Act (TCJA), enacting broad reforms to the Internal Revenue Code. How your state implements these reforms may have an impact on project recruitment and...more

Ballard Spahr LLP

Investment Management Update

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Rewards and Risks in Opportunity Zone Funds - H.R. 1—informally known as the Tax Cuts and Jobs Act—became law on December 22, 2017. Included in the Act is a new program intended to spur the reallocation of investments...more

Bricker Graydon LLP

Opportunity Zones

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The recent federal tax reform bill included provisions creating a new program through which a taxpayer can defer income tax on capital gains. The Opportunity Zone program allows a taxpayer to reinvest proceeds from the sale...more

Mayer Brown

Gain Deferral Using Qualified Opportunity Zone Investment Strategies

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We have published our whitepaper: Gain Deferral Using Qualified Opportunity Zone Investment Strategies Legal Update. “Qualified Opportunity Zones” are not specific to renewable energy and do not involve tax credits but...more

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