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Biden Expected to Announce Billions in Chip Subsidies, WSJ Says::The Biden administration is expected to soon announce billions of dollars in new subsidies to chipmakers including Intel Corp. and Taiwan Semiconductor Manufacturing as part efforts to reshore production, the Wall Street Journal reported.
Reddit Advised to Target at Least $5 Billion Valuation in IPO::Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the...
Estonia’s top military commander said fresh intelligence on Russia’s ability to produce ammunition and recruit troops has prompted a re-evaluation among NATO allies and a spate of warnings to prepare for a long-term conflict....
Grocery chain Trader Joe’s is joining Elon Musk’s SpaceX in arguing that the US labor board, which is prosecuting cases against both companies, is unconstitutional.
The US plans to sell as many as 40 F-35 jets to Greece and will also gift the country various defense equipment, according to a letter sent by Secretary of State Antony Blinken to Greek Prime Minister Kyriakos Mitsotakis....
Computer systems of Swedish government agencies made inoperable by an attack on a Tietoevry Oyj data center may be down for weeks, the country’s civil defense minister said....
The Philippines and Vietnam are set to sign a cooperation agreement between their coast guards as Philippine President Ferdinand Marcos Jr. boosts partnerships in the region amid lingering tensions with Beijing in the South China Sea....
"Vladimir Putin is testing the waters on whether the U.S. is ready to engage in talks for ending Russia’s war in Ukraine,” Bloomberg reports....
Vladimir Putin is going on a property hunt, ordering officials to find Russian assets that once belonged to its former empire or were owned by the Soviet Union....
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The shape-shifting conflict in the Middle East saw Iran openly go on the offensive for the first time since the war in Gaza began, as Tehran’s latest round of existential brinkmanship with Israel spread further from the tiny Mediterranean enclave....
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Chinese and Turkish banks are in the news for tightening curbs or severing ties with Russian banks in response to US authorization of secondary sanctions on overseas financial firms that aid Moscow’s war effort.
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Tesla Gets a $94 Billion Reality Check as EV Winter Sets In::Tesla Inc. had a blockbuster 2023, as its shares more than doubled in 12 months. But 2024 is starting on a different note, with Elon Musk’s electric vehicle maker off to its worst start to any year — ever.
“Lai Ching-te of the Democratic Progressive Party becomes the next president, defeating his opponents Hou Yu-ih of the Kuomintang and Ko Wen-je of the Taiwan People’s Party. The victory represents an unprecedented democratic milestone: the first time a political party in Taiwan has won a third straight presidential election....
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