Tag Archives: U.S.

Japan’s Nippon Steel plans to invest $1.3 billion more in U.S. Steel’s mills

August 29, 2024 Japan’s Nippon Steel plans to invest $1.3 billion more in U.S. Steel’s mills The spending is on top of the $1.4 billion investment plan through 2026 already pledged as part of the takeover proposal. BY Reuters Japan’s biggest steelmaker Nippon Steel said on Thursday it plans to make an additional investment of about … Continue reading Japan’s Nippon Steel plans to invest $1.3 billion more in U.S. Steel’s mills →

Amazon loophole allows China to access high-end U.S. AI, chips

August 23, 2024 Amazon loophole allows China to access high-end U.S. AI, chips China is bypassing sanctions by using Amazon Web Services to access advanced American computing power. BY Reuters State-linked Chinese entities are using cloud services provided by Amazon or its rivals to access advanced U.S. chips and artificial intelligence capabilities that they cannot acquire … Continue reading Amazon loophole allows China to access high-end U.S. AI, chips →

U.S. awards chipmaker Texas Instruments up to $1.6 billion to build factories

August 16, 2024 U.S. awards chipmaker Texas Instruments up to $1.6 billion to build factories The funding, under the U.S. CHIPS and Science Act, will help the company build two factories in Texas and one in Utah. BY Reuters Texas Instruments said on Friday it would receive up to $1.6 billion in funding from the U.S. … Continue reading U.S. awards chipmaker Texas Instruments up to $1.6 billion to build factories →

A looming U.S. seaport strike could delay cargo for weeks or months

  August 14, 2024 A looming U.S. seaport strike could delay cargo for weeks or months Retailers like Walmart and other importers have been rushing goods in ahead of the September 30 expiration of the union contract covering some 45,000 dockworkers at three dozen U.S. seaports. BY Reuters A potential strike at U.S. seaports on the … Continue reading A looming U.S. seaport strike could delay cargo for weeks or months →

American flags for the federal government should be made in the U.S. only, Congress says

July 29, 2024 American flags should be made in the U.S., Congress says The ‘All American Flag Act’ would require government-purchased flags to be produced with 100% American-made materials as well as manufactured in the U.S. BY Associated Press Soon, Old Glory will have to be born in the land of the free and not merely … Continue reading American flags for the federal government should be made in the U.S. only, Congress says →

The U.S. economy added 206,000 jobs in June while the unemployment rate rises to 4.1%

July 05, 2024 The U.S. economy added 206,000 jobs in June while the unemployment rate rises to 4.1% Last month’s job growth did mark a pullback from 218,000 in May. BY Associated Press America’s employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again displaying the U.S. economy’s ability to withstand … Continue reading The U.S. economy added 206,000 jobs in June while the unemployment rate rises to 4.1% →

This often-hidden aspect of employment contracts costs U.S. employees $300 billion a year

June 03, 2024 This often-hidden aspect of employment contracts costs U.S. employees $300 billion a year Many people are only vaguely aware these clauses exist, or assume that they are only used in highly lucrative, competitive, or secretive industries. BY Kathleen Davis When you accepted your job, you may have not read the fine print of … Continue reading This often-hidden aspect of employment contracts costs U.S. employees $300 billion a year →