President Joe Biden’s administration announced on Thursday that it will provide $401 million to provide access to high-speed internet for 31,000 rural residents and businesses in 11 states, as part of Biden’s drive to expand access to the web. “With this money we are one step closer to President Biden’s ambitious goal of affordable and […]
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President Joe Biden met virtually on Monday with the chief executives of Lockheed Martin Corp, Medtronic PLC and Cummins Inc along with labor leaders as part of the administration’s push for legislation to boost the U.S. semiconductor industry. “Congress must pass this bill as soon as possible,” Biden said. “There is an economic imperative…. This […]
Georgia Governor Brian Kemp will announce on Friday that Hyundai Motor Group is investing more than $7 billion in the state, an announcement coinciding with a visit by President Joe Biden to Seoul, sources told Reuters. The South Korean auto group, which houses Hyundai Motor Co and Kia Corp, will build a plant to make […]
Joe Biden will visit Japan and South Korea on his first Asian trip as U.S. president, carrying a clear message to China, advisers and analysts say – don’t try what Russia did in Ukraine anywhere in Asia, and especially not in Taiwan. Biden departs for the five day trip on Thursday, after spending several months […]
The United States will share technologies used to make COVID-19 vaccines through the World Health Organization and is working to expand rapid testing and antiviral treatments for hard-to-reach populations, President Joe Biden said on Thursday. Speaking at the second global COVID-19 summit, Biden called on Congress to provide additional funds so that the U.S. may […]
In the past year, centralized and decentralized currencies alike witnessed extensive market growth, and their popularity among the public has grown along the way. On March 9, 2022, U.S. President Joe Biden issued an executive order on cryptocurrencies, sketching an inclusive governmental approach to deal with probable risks related to the significant evolution in digital assets, emphasizing cryptocurrencies. […]
U.S. President Joe Biden met with executives of chipmakers including Samsung, Micron and other companies on Wednesday as part of an effort to push the U.S. Congress to fund $52 billion in grants to chipmakers to ease the semiconductor crunch. Biden, along with Commerce Secretary Gina Raimondo, hosted the event with Dr. Siyoung Choi, president […]
The Biden administration plans to spare everyday Russians from the brunt of U.S. export controls if Russia invades Ukraine, and focus on targeting industrial sectors, a White House official said. “Key people” will also face “massive sanctions,” a top Commerce official said in a separate speech on Friday. The comments narrow the scope of potential […]
In a major step to fight climate change, the Biden administration is raising vehicle mileage standards to significantly reduce emissions of planet-warming greenhouse gases, reversing a Trump-era rollback that loosened fuel efficiency standards. A final rule issued Monday would raise mileage standards starting in the 2023 model year, reaching a projected industry-wide target of 40 […]
President Joe Biden on Tuesday went to Minnesota to pitch his completed infrastructure deal and a giant social spending bill that he’s still trying to get passed, but also found himself reassuring the nation he would fight the evolving COVID-19 threat without resorting to “shutdowns and lockdowns.” Biden met with students at Dakota County Technical […]