Illinois Gov. Pritzker ‘Skeptical’ of Chicago Bears’ $4.6 Billion Tax-Funded Stadium Plan
Illinois politicians have expressed skepticism about the NFL’s Chicago Bears’ stadium plan, which would require $2.3 billion in public funds, and Gov. JB Pritzker (D) has expressed skepticism about the NFL’s Chicago Bears stadium plan, which would require $2.3 billion in public funding, with Gov. He said there were “issues”. Progressive Chicago Mayor Brandon Johnson […]
Ford Loses $1.3 Billion on Electric Vehicles in First Quarter of 2024
Ford Motor Co. reported a massive loss of $132,000 per electric vehicle (EV) sold in the first three months of 2024, bringing its losses to $1.3 billion. The automaker’s electric vehicle division said Thursday that sales have fallen 20% and weak consumer demand has forced it to cut prices. CNN report. Related video — Granholm: […]
xAI, Elon Musk’s AI Venture, Raises $6 Billion to Take on OpenAI
Elon Musk’s artificial intelligence startup xAI, which aims to rival ChatGPT developer OpenAI, raises a massive $6 billion funding round that values the 10-month-old company at a staggering $18 billion. is scheduled to be completed. tech crunch report Reliable sources close to the deal say xAI’s funding round is expected to close in the coming […]
Youngkin celebrates $1 billion investment from Google
Gov. Glenn Youngkin (R-VA) thanked Google for a $1 billion investment toward facilities in Virginia. The investment will go toward data centers across the commonwealth, including a center in Reston, where the governor spoke from. It will also open a new campus in Prince William County. “I want to thank Google for believing in Virginia […]
Biden’s Pentagon Reveals Massive $6 Billion Weapons Package For Ukraine
The Pentagon on Friday announced a massive $6 billion security assistance package for Ukraine that includes interceptor missiles for the Patriot air defense system. The package was justified using Ukraine Security Assistance Initiative (USAI) authorities to authorize the Department of Defense to issue contracts for new production, as well as more National Advanced Surface-to-Air Missile […]
US prepares $6 billion long-term aid package to bolster Ukraine’s defenses with no quick end to war in sight
$6 BILLION FOR THE FUTURE: The last time the Ukraine Defense Contact Group met, the United States had little new to offer in aid to Ukraine, its hands tied by the gridlock in Congress. Now flush with $6 billion in emergency funds from the bipartisan foreign assistance package passed this week and signed into law […]
Ukraine-Israel Aid Bill Includes ‘$3.5 Billion to Supercharge Mass Migration from the Middle East’
Pro-immigration President Joe Biden comes amid pro-Hamas riots in U.S. cities and shortly after Congress approved an additional $3.5 billion for immigration within a $95 billion aid package for Ukraine and Israel. border commissioner is opening a new processing center for Muslim migrants. “Not only did the ‘foreign aid’ package do nothing to secure our […]
Biden to tout $6 billion deal with semiconductor manufacturer Micron during Syracuse trip
The Biden administration announced Thursday that it has reached a preliminary agreement with Idaho-based semiconductor manufacturing company Micron, the latest in a series of investments under the bipartisan CHIPS and Science Act. President Biden is scheduled to visit Syracuse, New York, on Thursday to tout the benefits of the agreement with Micron, which includes up […]
Blackstone set to purchase Tropical Smoothie Cafe for nearly $2 billion
Former U.S. International Trade Commission Secretary Peter Morisi accused President Biden of being “out of touch” with Defense Secretary Lloyd Austin as the U.S. Navy continues its engagement in Yemen. New York City-based private equity firm Blackstone announced Wednesday that it has entered into a deal to acquire Tropical Smoothie Cafe for $2 billion. Blackstone […]
Trump set to make $1.25 billion ‘earnout’ bonus
Former President Donald Trump will receive a $1.25 billion “earn-out” bonus from his media company after its stock price exceeded a key threshold to qualify for the bounty. Trump, who owns a majority stake in Trump Media and Technology Group, will receive an additional 36 million shares of the company’s stock on Tuesday. On Monday, […]