City of Wadsworth

GOVERNMENT FINANCE

Xlear | December 23, 2021

Today, Xlear Inc. filed the company’s response to a Department of Justice lawsuit alleging violations of the Federal Trade Commission Act, among other allegations. The company denied all the Government’s allegations and leveled a series of affirmative defenses at the Government, including violations of Xlear’s First Amendment right to free speech. Nathan Jones, Xlear’s CEO, issued this statement regarding Xlear’s Response: The United States faces an a...

IMB Partners | July 30, 2020

IMB Partners made a growth equity investment in Ashburn Consulting LLC ("Ashburn"), a leading Northern Virginia-based information technology consulting firm that specializes in providing network engineering and cybersecurity solutions to federal, state and local governments and commercial clients. The investment commences a long-term partnership between IMB and Ashburn. Ashburn, founded in 2002, provides superior, vendor agnostic engineering and IT architecture solutions and is highly ...

TikTok | July 23, 2020

U.S. federal employees would be barred from using Chinese-owned mobile video app TikTok on government-issued devices under a bill that passed a U.S. Senate Committee on Wednesday, as lawmakers feared the security of users’ personal data. The “No TikTok on Government Devices Act” from Senator Josh Hawley was passed unanimously by the U.S. Senate Committee on Homeland Security and Governmental Affairs, and will be taken up by the U.S. Senate for a vote....

Reuters | April 12, 2020

Major U.S. airlines were urging Treasury officials and the federal government’s outside advisers on Saturday to scrap or revise a proposal that would make part of the $25 billion earmarked by Congress to help keep workers on the payroll repayable in the form of low-cost loans. Treasury Secretary Steven Mnuchin told the airlines on Friday the government would require them to repay 30% of the grants in low-cost loans over 10 years — with the first five years at 1% interest — befo...