DOT Sec Duffy finalizes $150M grant to build new port of entry in California
U.S. Department of Transport (DOT) Secretary Sean Duffy announced Tuesday that a $150 million federal grant has been finalised to build new immigration facilities and roads for the San Diego-Baja-California border. As part of the grant agreement, the Green New Deal requirement from the Biden administration, including a zero-emission vehicle charging provision, will be removed. […]
Biden finalizes major loan to EV-maker Rivian days before Trump’s inauguration
The Biden administration closed on a huge loan to electric vehicle (EV) maker Rivian just days before President-elect Donald Trump takes office. of $6.57 billion loan The company will finance an electric vehicle factory in Georgia that currently specializes in luxury cars, where it will produce SUVs and crossovers. In a press release, the Department […]
FTC Finalizes $7 Million Settlement With H&R Block – PYMNTS.com
The FTC announced that it had completed a $7 million settlement. H&R Block. Federal Trade Commission (FTC) announced The settlement was made on Wednesday (January 8) as part of a larger agreement with tax preparation firms. The company has agreed to make a number of changes to its business practices ahead of the 2025 tax […]
Biden finalizes contentious hydrogen guidance
{beacon} energy and environment energy and environment Full text EPA decides formaldehyde poses an 'unreasonable risk' to humans and needs to be regulated The Biden administration has formally determined that the chemical formaldehyde poses an “unreasonable” risk to human health and should be regulated. Full text Trump slams UK energy policy and 'windmills', […]
NASA finalizes strategy for human presence in space
This week, NASA finalized its strategy for maintaining a human presence in space. One document emphasized the importance of maintaining the International Space Station's ability to remain in orbit for long periods after it is retired. “NASA's Low Earth Orbit Microgravity Strategy will guide NASA toward the next generation of continued human presence in orbit, […]
Biden administration finalizes nearly $8B in CHIPS funding for Intel
Under the final agreement with the Biden administration, Intel will receive approximately $7.86 billion in CHIPS and Science Act funding to build new semiconductor manufacturing facilities in four states. The final award is more than $600 million less than the $8.5 billion originally announced in March, after the chipmaker signed a separate $3 billion contract […]
Biden administration finalizes $6.6B in chips grants for TSMC before Trump takes office
The White House on Friday announced an agreement with a major semiconductor manufacturer to invest billions of dollars in an Arizona facility as President Biden looks to shore up some of his legacy in Congress before leaving office in January. It was announced that the agreement had finally been concluded. Biden said in a statement […]
FTC finalizes ‘click to cancel’ rule making it easier to cancel subscriptions
Former FTC chief engineer Neil Chilson discusses Google facing its third antitrust lawsuit from the Department of Justice and why regulators are going after Big Tech. The Federal Trade Commission (FTC) announced Wednesday that it has finalized the following: “Click to cancel” rule To do so, companies will need to make it easy for consumers […]
US finalizes details of Boeing 737 MAX guilty plea deal
The Justice Department announced that aircraft maker Boeing has agreed to plead guilty to fraud conspiracy charges and pay a $243.6 million penalty for violating a 2021 deferred prosecution agreement, according to a court filing on Wednesday. Boeing agreed to plead guilty in principle to conspiring to defraud the Federal Aviation Administration on July 7 […]
IRS Finalizes Guidance On Treatment Of Inherited IRAs – Forbes
The final regulations provide clarity regarding inherited IRA withdrawals and eligibility requirements. Getty The IRS has issued further guidance on required minimum distribution (RMD) rules, this time in the form of a final rule. of Final Rule Clarify inherited IRA withdrawals and eligibility requirements. RMD By law, you are required to withdraw money from your […]