South Korea Becomes Defense Tech Heavyweight with $21 Billion in Exports
South Korea has become a major player in the defense industry, with the export of artillery, tanks, surface-to-air missiles, jet fighter jets and other military hardware. Surge This year it exceeded $21 billion. South Korea It’s broken After Russia invades Ukraine, a groundbreaking sale to Poland, the top 10 list of military exporters for 2022 […]
Ohio's public pension systems down $4 billion amid Trump tariff war – The Columbus Dispatch
Ohio’s five public pension systems have lost around $4 billion since January 1st, as President Trump’s trade war has destabilized the stock market. Trump’s tariffs no longer spare some electronic devices, including smartphones President Trump exempts smartphones, computers and other electronic imports from mutual tariffs. The five Ohio public pension funds have collectively lost about […]
Google Faces $6.6 Billion Lawsuit in UK over Claims of Search Advertising Monopoly Abuse
Google is facing a class action lawsuit in the UK, earning potential damages for £5 billion ($6.6 billion) for allegations that the tech giant has abused tensions in the search market to raise advertising prices. CNBC Report A class action lawsuit filed Wednesday in the UK’s Court of Competitive Appeals alleges that Google abuses its […]
US tariffs may cost chip equipment makers more than $1 billion, industry estimates
President Trump’s new tariffs could cost semiconductor equipment manufacturers more than $1 billion a year, according to industry calculations discussed with Washington officials and lawmakers last week, two sources familiar with the issue said. Each of the three largest chip equipment manufacturers in the United States (Applied Materials, LAM Research, KLA) could suffer a yearly […]
Trump’s DOT left to clean up Biden admin’s $43 billion grant fiasco
The Trump administration’s Department of Transportation has announced that it has inherited the “unprecedented grant backlog” left by the Biden administration. Federal Highway Bureau in Dot in late March It has been reported Secretary Sean Duffy has confirmed a $221 million federal grant to rebuild the Washington Bridge in Rhode Island. Its westbound side has […]
Trump Admin Freezes $2.2 Billion in Grants
The Trump administration frozen a $2.2 billion grant to Harvard University on Monday after the announcement that elite universities would not comply with demands for reform to stop anti-Semitism and other forms of discrimination. As reported by Breitbart News: Harvard University has revealed it is not complying with the Trump administration’s list of requests for […]
Trump Administration Halts Over $2 Billion in Harvard Grants!
The Trump administration announced it would suspend a multi-year grant of approximately $2.2 billion and $60 million in contracts with Harvard University following the refusal of the government’s requests earlier on Monday. “Harvard’s statement today highlights the ongoing and concerning standards at the nation’s leading educational institutions. Federal funding should not be leveraged to enforce […]
White House Urges Congress to Slash $9 Billion in Funding, Targeting NPR, PBS, and USAID!
The White House is crafting a withdrawal proposal in which the US Agency for International Development (USAID) along with President Trump’s agency intends to return upwards of $9 billion in funds to Congress by making cuts to the Public Broadcasting System (USAID). White House representatives confirmed to the Hill that the proposal is anticipated to […]
Nvidia to Invest $500 Billion to Build AI Chips and Supercomputers in Texas
Nvidia has announced plans to build an AI supercomputer in Texas and invest in up to $500 billion in AI production in the US. Baron’s Report AI Powerhouse Nvidia has commissioned more than 1 million square feet of manufacturing space in Arizona and Texas, building and testing Blackwell chips and AI supercomputers. This is the […]
Nvidia pledges $500 billion to manufacture AI chips, supercomputers in US
Nvidia will fully manufacture up to $500 billion in artificial intelligence (AI) chips and supercomputers over the next four years. announcement Monday. The move comes amid President Trump’s ongoing trade war and a push for businesses to move the manufacturing and Congress processes to the United States. This is the first time an NVIDIA AI […]