Semiconductors form the backbone of modern electronics, powering everything from smartphones and computers to advanced medical devices and innovative military technology. The United States has long been a leader in semiconductor manufacturing, but in recent years, the industry has faced increasing competition from overseas manufacturers. Recognizing the strategic importance of maintaining a strong domestic semiconductor […]
The Micron project comes after the White House has announced massive investments for Intel, TSMC and Samsung in recent weeks using funds from the 2022 CHIPS and Science Act.
President Joe Biden on Wednesday announced the approval of more than $6.1 billion in student loan debt relief for nearly 317,000 borrowers who were enrolled at any Art Institute campus from January 2004 until October 2017.
U.S. officials say the Pentagon is poised to send $1 billion in new military aid to Ukraine as the Senate begins debate on long-awaited legislation to fund the weapons Kyiv needs to stall gains made by Russia. The decision announced Tuesday comes after months of frustration, as bitterly divided members of Congress deadlocked over the funding. House Speaker Mike Johnson was forced to cobble together a bipartisan coalition to pass the bill. The overall $95 billion foreign aid package is expected...
The Biden Administration has announced a first-of-its-kind national goal to transition the freight sector—including the marine sector—to zero emissions. By Jennifer A. Dlouhy (Bloomberg) — The Biden administration is laying out
The US will purchase $1.6 billion in Ukrainian-made weapons for Ukraine, The Defense Post reported on Monday. The $1.6 billion is included in a $6 billion tranche of weapons the US announced on April 26. The arms will be provided through the Ukraine Security Assistance Initiative (USAI), which allows the US to purchase weapons for … Continue reading "US To Buy $1.6 Billion in Ukrainian-Made Weapons for Ukraine"
The Biden administration has introduced new regulations to combat pollution from coal and natural gas-fired power plants, highlighting their significant environmental impact and the need for immediate action.
The Biden administration has issued a nationwide ban on the ability of employers to make their workers sign noncompete agreements, a move regulators said would help boost employee pay but which is set to be challenged in court by business groups. In a ruling Tuesday afternoon, the Federal Trade Commission (FTC) said noncompete clauses would henceforth be illegal. The measure was necessary, it said, for "protecting the fundamental freedom of workers to change jobs, increasing innovation, and...
On Earth Day, Biden Administration Backs Rooftop Solar With $7 Billion Grant By Tsvetana Paraskova of OilPrice.com U.S. President Joe Biden is announcing on Monday $7 billion in grants to help more than 900,000 low-income households install residential solar power, the White House said. President Biden will mark today’s Earth Day by traveling to Prince William Forest Park in Triangle, Virginia, and is expected to highlight the Administration’s progress “in tackling the climate...
The funds will help 900,000 low-income and disadvantaged households benefit from solar energy, including by lowering their electric bills.
The Dept. of Education is clearing $6 billion in student loan debt to former Art Institute students after investigations into the chain of art schools found they used doctored data to recruit.
Biden's visit aimed to celebrate Micron Technology's ambitious plans to establish a campus of cutting-edge computer chip factories in the region.