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31%  
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Keyword: globalip

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  • U.S. Probes Boeing Satellite Deal Backed By China

    01/12/2019 9:54:50 AM PST · by Theoria · 4 replies
    WSJ ^ | 11 Jan 2019 | Brian Spegele and Kate O’Keeffe
    The U.S. Securities and Exchange Commission and the Commerce Department are investigating Boeing Co.’s relationship with a satellite startup backed by a Chinese government-owned firm, following an article by The Wall Street Journal on the matterIn a letter to the Los Angeles-based startup Global IP, the SEC requested that the company retain all documents about its work with Boeing and a number of other individuals and entities, including state-owned Chinese lender China Orient Asset Management Co. The letter said the SEC believes the Los Angeles company possesses “documents and data that are relevant to a matter under investigation,” and asked...