Tumult in the Corridors
In corridors of power, frustration simmers as senior trade officials disillusioned by inertia gripping Biden’s trade agenda and disenchanted by leadership of President Biden’s trade chief, Katherine Tai, depart. T...
Ben & Jerry's in Israel
A group of bipartisan lawmakers from the House of Representatives is urging Securities Exchange Commission (SEC) to investigate Ben & Jerry the parent company's&n...
Production increases
Intel today announced that it is jointly building a new factory in Italy with communications companies. Intel also said this week that it plans to be a contract manufacturer for Qualcomm.
Intel (INTC) plans to aggressively expa...
Semiconductor industry
Semiconductor manufacturers in the US could receive tax breaks to boost production of chips for the automotive and other equipment industries. Intel is preparing to help supply chips to automakers.
A three...
COVID-19 bailout bill
The US House of Representatives has passed a $1.9 trillion pandemic aid bill put forward by Joe Biden's team. The bill is expected to be approved in the Senate thanks to 50 votes from Democrats. In ...
The company's earnings and shares
Home Depot reported a strong fourth quarter, exceeding analysts' estimates, but did not give definite forecasts for 2021 because of the pandemic and the difficulty of forecast...
Vote on payments postponed
Republicans in the US Senate blocked a bill passed by the House of Representatives (HOR) to increase payments to Americans from six hundred to two thousand dollars. It is about personal a...
Handing out money
The US House of Representatives (HOR) has approved the idea of handing out two thousand dollars each to Americans, with a majority voting in favour of the initiative to increase direct payments to citizens as part of a na...
Support for the American economy
Previously, the US authorities had already spent $3 trillion on measures to support the economy in the wake of the pandemic.
The U.S. Department Treasury has offered Congress to allocate $916 billion for emerge...
Draft military budget
Members of the U.S. House of Representatives supported the Defense Budget Bill for Fiscal Year 2021 by a majority vote, The Washington Post reports.
In a vote, 335 congressmen supported the bill and 78 voted against it. A simi...
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