Commerce Secretary Howard Lutnick cancels ‘unlawful’ $7.4B deal to fund semiconductor research for a nonprofit associated with Biden.
Commerce Secretary Cancels Funding Agreement for Semiconductor Research WASHINGTON – Commerce Secretary Howard Lutnick has terminated the Biden administration’s agreement to distribute substantial funding for semiconductor research via nonprofit organizations, as revealed in a letter obtained by the Post. The 2022 Chips and Science Act allocated $11 billion for semiconductor R&D, which was meant to […]
Purdue Pharma, Sackler family owners agree to landmark $7.4B opioid settlement
Texas Attorney General Ken Paxton announced Thursday that Purdue Pharma and members of the Sackler family are seeking a new deal to resolve thousands of lawsuits alleging that the painkiller OxyContin has sparked a widespread opioid addiction crisis in the United States. announced that they had reached a settlement of $7.4 billion. The settlement ended […]