The SK Group, South Korea’s second-largest conglomerate, announced Tuesday that it will spend $22 billion in the United States to fund semiconductor, green energy and bioscience projects. The investments will expand SK’s American workforce from 4,000 to 20,000 by 2025, President Biden said at a White House event with SK Group Chairman Chey Tae-Won to…
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Space, gas, and food: Russia unleashes full weight of leverage as it pressures West, escalates war
Moscow is attempting to unleash its leverage from space to global energy markets in a revamped effort to break Western solidarity and punish the United States and Europe for militarily supporting Ukraine during the more than five months since Russian forces invaded Ukraine. The latest salvo saw Russian officials declare on Tuesday that their country…
AFGE move to ‘abolish’ labor union for ICE officers spurs call for probe
A key House lawmaker is demanding answers after a major labor union with ties to President Biden took steps to abolish the National ICE Council, which represents thousands of officers at Homeland Security’s deportation agency. Rep. Michael Cloud said the move by the American Federation of Government Employees appears to be retaliation against the ICE…
Senate investigation reveals China’s effort to infiltrate Federal Reserve
China is actively trying to recruit U.S.-based economists to feed information back to Chinese officials and has even managed to place cooperating sources inside America’s Federal Reserve banking system, according to a new Senate report Tuesday. One employee provided information on the Fed’s economic modeling to a Chinese university, while another, who had connections with…
Biden begs Congress to pass $52 billion semiconductor bill
President Biden on Monday pleaded with Congress to pass a $52 billion payout to semiconductor manufacturers as lawmakers face a make-or-break week to get the bill across the finish line. The White House has, for weeks, been in a full-court press to get the measure passed, urging lawmakers to shed a bevy of tough-on-China measures…
TBS cancels Samantha Bee’s ‘Full Frontal’ after 7 seasons
LOS ANGELES — TBS is canceling “Full Frontal With Samantha Bee” after seven seasons, removing a rare female voice from late-night TV, the channel said Monday. In a statement announcing the cancellation, TBS said it has made “some difficult, business-based decisions” as part of its new programming strategy TBS was part of WarnerMedia, which merged…
Long-stalled bill to boost U.S. microchip manufacturing heads for crucial Senate vote
Senate Democrats plan to forge ahead with a test vote Monday on long-stalled legislation intended to jolt the U.S. production of semiconductor chips that are vital for everything from automobiles to washing machines to military weapons systems. Known as “Chips-plus,” the bipartisan bill includes more than $50 billion over the next five years for chip…
Army tests electric Humvee for future battlefield use
The Army picked General Motors to provide them with a GMC Hummer EV for a test drive as the service looks to fill a requirement for a light- to heavy-duty battery electric vehicle to reduce the military’s reliance on fossil fuels in garrison and in the field. GM’s all-electric pickup-model Hummer features 1,000 horsepower with…
China adds science lab to its orbiting space station
BEIJING — China added a laboratory to its permanent orbiting space station Monday as it moves toward completing the structure in coming months. The Wentian lab module was launched from the Wenchang space base on the tropical island province of Hainan on Sunday with a large crowd of amateur photographers and space enthusiasts watching. After…
Minnesota abortion clinic braces for tide of out-of-staters
DULUTH, Minn. (AP) — On the top floor of a modest two-story brick building near the shore of Lake Superior, the executive director of northern Minnesota’s only abortion clinic flits from room to room, checking in patients, fielding phone calls from people seeking appointments and handling billing questions from those struggling to pay. In the…