President Barack Obama will probably revisit his proposal to consolidate several U.S. agencies including those handling trade and commerce if he wins a second term, Acting Commerce Secretary Rebecca Blank said.
The Obama administration is setting out to help exporters get in on Brazil’s building boom even as it spars with the region’s biggest economy over high tariffs, rules favoring local companies and monetary policies.
Private businesses owned by women have grown in number and hired more workers than male-owned businesses, according to the latest U.S. Department of Commerce survey to track such data. The report also found such firms lag behind male-owned businesses in financial capital, revenue and salaries.
President Barack Obama is close to choosing Chicago businesswoman Penny Pritzker, who led fundraising for his 2008 campaign, as his next commerce secretary, according to three people familiar with the matter.
More than a quarter of all jobs in the U.S. are with companies that rely on patents, copyrights and trademarks to protect products from competition and promote investment, the Commerce Department said.