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 […]
US Treasury finalizes crypto rules to prevent tax evasion – Engadget
People who own and sell cryptocurrency already have to pay tax on the proceeds, but the new rules mean Confirm The new rules will require crypto platforms, including exchanges and payment processors, to report users’ transactions to the IRS. The Wall Street JournalOfficials hope the move will help the IRS get an accurate picture of […]
White House finalizes rules increasing clean energy subsidies fivefold in bid to support green jobs
Please subscribe to Fox News to access this content Plus, with your account you get exclusive access to handpicked articles and other premium content for free. By entering your email address and pressing “Continue”, you agree to Fox News’ Terms of Use and Privacy Policy, including the Financial Incentive Notice. Please enter a valid email […]
CNN Finalizes Trump, Biden Debate Rules
CNN finalized its rules Saturday for the first 2024 presidential debate between presumptive Republican nominee Donald Trump and President Joe Biden. The 90-minute debate, hosted by CNN’s Jake Tapper and Dana Bash in Atlanta, comes with various caveats historically unheard of for its presidential participants. From muting microphones to barring a live studio audience, the […]
CNN finalizes debate rules, says RFK Jr. could still qualify
CNN has finalized the rules for the first presidential debate of the 2024 election cycle, which takes place in less than two weeks. CNN reported Saturday that the campaigns of President Biden and former President Donald Trump have agreed to the rules, noting that it is “not impossible” for independent candidate Robert F. Kennedy Jr. […]
White House finalizes permitting reform rule included in debt ceiling deal
The White House Council on Environmental Quality (CEQ) on Tuesday finalized a rule aimed at streamlining the environmental review process under the National Environmental Protection Act. The final rule is part of last summer’s deal that raised the federal debt ceiling and creates a new way for the federal government to establish clear exemptions. These […]