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Smarter grids, like Chattanooga's, are just part of what it will take to modernize the American grid in the coming decades. A troubled transition to renewable energyOffshore wind farms are one of the growing areas of renewable energy. And the Edwards & Sanborn project, the US's largest solar energy and energy storage project in California, came online in January. Renewable energy is not only cleaner than fossil fuels but also often less expensive. Breaking down barriersThe US grid isn't designed for fluctuating renewable energy, so much of it goes to waste because clean-energy projects can't connect to the grid.
Persons: Kevin Schneider, Harris, Joe Rand, Joshua Rhodes, barleyman, Edwards, Rand, Philip Odonkor, Seib, headwinds, Julia Bovey, Ørsted, Bovey, Paul Denholm, We'll, Denholm, There's, PATRICK T, FALLON, we're, Schneider, We've, EPB, MISO, it's Organizations: Infrastructure, Service, Pacific Northwest National Laboratory, Nationwide, Biden, Lawrence Berkeley National Laboratory, University of Texas, Renewables, Sanborn, of Systems, Enterprises, Stevens Institute of Technology, Trump, Fork, Eversource Energy, National Renewable Energy Laboratory, Getty, Infrastructure Law Locations: Chattanooga , Tennessee, Chattanooga, EPB, Austin, Maine, North Carolina, California, United States
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFormer national security advisor John Bolton called for a "far stronger" response from Israel after Iran launched a missile and drone attack against the country. "A 200 ballistic missile, cruise missile, drone failure." Related story"I think that means by definition, Israel's response — and there should be a response — should not be proportionate," he told Blitzer. Bolton said on NewsNation's "The Hill Sunday," however, that the Iranian government looked "weak" after its attack.
Persons: , John Bolton, George W, Bush, Donald Trump's, Wolf Blitzer, Bolton, Blitzer, Biden, John Kirby, Joe Biden, Kirby, Benjamin Netanyahu Organizations: Service, Bolton, UN, CNN, Business, Trump, White House Locations: Israel, Iran, United States
Read previewNew data released Wednesday by the Commerce Department showed that in 2023, Mexico was the leading source of goods imported to the US — ahead of China for the first time in over 20 years. Mexico surpassing China as America's top trade partner signals a significant shift in global commerce dynamics. Chinese imports fell 20% in the same time period, to $427.2 billion, just slightly above Canada. Additionally, the value of Chinese imports remained above the value of Mexican imports from 2002 until this most recent data. More than a third of US imports — valued over $3 trillion — come from Mexico, China, and Canada.
Persons: , Joe Biden, Mexico Andres Manuel Lopez Obrador, HECTOR VIVAS, Biden, CLAUDIO CRUZ, Tesla, JULIO CESAR AGUILAR Organizations: Service, Commerce Department, Business, Trump, New York Times, Foreign, Investment, Automobiles, Getty Images, Bloomberg Locations: Mexico, China, Canada, Trade, South Korea, India, Vietnam, United States, Monterrey, Nuevo Leon, Getty Images Mexico, Nuevo León
Yellen to step up campaign touting Biden's economic record
  + stars: | 2024-01-22 | by ( ) www.cnbc.com   time to read: +2 min
U.S. President Joe Biden delivers remarks alongside Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo during a Cabinet Meeting at the White House on June 06, 2023 in Washington, DC. The Biden administration is dispatching U.S. Treasury Secretary Janet Yellen to Chicago and Milwaukee this week as part of a stepped-up domestic travel schedule to sell Americans on the benefits of President Joe Biden's economic policies. Yellen will make the case in remarks to the Economic Club of Chicago on Thursday that the pandemic recovery was faster, fairer and more transformative than previous economic recoveries, the Treasury said late on Sunday. Yellen has previously touted Biden's investment legislation, taking trips to North Carolina and Boston in recent weeks, but has avoided direct comparisons with former President Donald Trump. After her speech in Chicago, Yellen will travel to Milwaukee on Jan. 26 to visit a worker training facility, partly funded by Biden's $1.9 trillion COVID-19 relief law, the American Rescue Plan Act.
Persons: Joe Biden, Janet Yellen, Gina Raimondo, Biden, Joe Biden's, Yellen, Donald Trump, Trump, Nikki Haley Organizations: White House, U.S, Treasury, Economic, of Chicago, Trump, Trump Administration, United Nations, University of, Biden's, American Locations: Washington ,, Chicago, Milwaukee, North Carolina, Boston, New Hampshire
REUTERS/David Swanson/File photo Acquire Licensing RightsNov 24 (Reuters) - Canceled offshore wind projects, imperiled solar factories, fading demand for electric vehicles. A year after passage of the largest climate change legislation in U.S. history, meant to touch off a boom in American clean energy development, economic realities are fraying President Joe Biden’s agenda. Clean energy experts interviewed by Reuters say the mounting setbacks will make the United States' ambitious targets to decarbonize by mid-century even harder to reach. Solar energy facilities account for two thirds of those delays due in part to U.S. import restrictions. "These are the normal ups and downs of clean energy development and deployment," Reicher said.
Persons: David Swanson, Joe Biden’s, Biden, John Hensley, Wood Mackenzie, , Ali Zaidi, Prakash Sharma, that's, Vic Abate, it's, Robert Walther, Walther, Dan Reicher, Reicher, Nichola Groom, Richard Valdmanis, Alistair Bell Organizations: REUTERS, Soaring, Ford, Reuters, American Clean Power Association, United Nations, White, Dominion Energy Inc, TEN, GE, Biden, Treasury Department, Trump, Stanford University, Thomson Locations: Palm Springs , California, U.S, Washington, Nations, Egypt, Dubai, United States, Paris, Virginia, Gulf of Mexico
[1/2] U.S. Attorney General Merrick Garland gives a brief statement at the Justice Department in Washington, U.S., August 11, 2023. That puts the Biden administration's second year of corporate enforcement on par with the second year of the Trump administration's - the fifth-lowest corporate prosecutions on record. The new safe harbor program also "directly undermines" the Biden Administration's anti-monopoly efforts, they said. The Justice Department and Federal Trade Commission have mounted an unprecedented number of legal challenges to mergers since Biden took office. A recently-departed DOJ official told Reuters in August that more big corporate settlements were coming.
Persons: General Merrick Garland, Bonnie Cash, Joe Biden, Merrick Garland, Lisa Monaco, Monaco, Elizabeth Warren, Biden, Chris Prentice, Rod Nickel Organizations: U.S, Justice Department, REUTERS, U.S . Justice Department, Public Citizen, Democratic, Department of Justice, Public, Biden, Trump, The Justice Department, Federal Trade Commission, DOJ, Reuters, Thomson Locations: Washington , U.S, Monaco
But it appears wary of provoking a wider, regional war. As part of this covert war, Iran has funded and trained a network of militias stretching across the Middle East. Iran has threatened Israel with the prospect of a wider regional war if it invades Gaza, reported Al Jazeera. But Iran faces a dilemmaIranian officials have told Reuters that Iran faces a dilemma in its response to the Israel-Hamas war. "Iranian behavior is a key factor in whether this remains contained or spreads into a wider regional war.
Persons: , Gaza Ilia Yefimovich, Israel, Trump, Trump administration's Abraham, Iran —, Tobias Borck, Al, Alex Vatanka, Abraham, Mahmud Abbas, Xi Jinping, Jade Gao, it's, Jonathan Fulton Organizations: Service, Hamas, CNN, dpa Israel, St, The New York Times, Trump administration's, Trump administration's Abraham Accords, Royal United Services Institute, Israel, Hezbollah, Reuters, US, West Bank, East Institute, Abraham Accords, of, People, The Atlantic Council Locations: Iran, Israel, Gaza, Lebanon, Saudi Arabia, Palestinian, Tehran, Saudi, Al Jazeera, China, Beijing
WASHINGTON (AP) — The Supreme Court on Tuesday seemed likely to preserve the work of the Consumer Financial Protection Bureau against a conservative-led challenge. But a majority of the court appeared ready to reject the sweeping arguments made by the lawyer for payday lenders whose challenge to a CFPB rule spawned the Supreme Court case. Unlike most federal agencies, the consumer bureau does not rely on the annual budget process in Congress. “This is a perpetual delegation to pick your own number,” said Francisco, who served as the Trump administration's top Supreme Court lawyer. Three years ago, the court decided another CFPB case, ruling that Congress had improperly insulated the head of the bureau from removal.
Persons: Democratic Sen, Elizabeth Warren of, Noel Francisco, , Francisco, Brett Kavanaugh, Elena Kagan, Samuel Alito, Elizabeth Prelogar, Biden Organizations: WASHINGTON, Consumer Financial, Democratic, Republicans, Federal, Trump administration's, , U.S . Chamber of Commerce Locations: Elizabeth Warren of Massachusetts, New Orleans, U.S
Elon Musk headed down to Eagle Pass, Texas, on Wednesday to do a livestream on the border crisis. Musk said he was there to "eyeball the situation" and to "get a sense for what's going on" there. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . That doesn't make sense," Musk added. Musk subsequently posted a separate 15-minute video on X, where he spoke to Gonzales and local law enforcement officials.
Persons: Elon Musk, Musk, , Elon, Tony Gonzales, Gonzales, Trump's Organizations: Service, Twitter, Trump, Pew Research Center, Representatives Locations: Eagle, , Texas, Texas, Southern, South Africa, United States, Mexico
Striking United Auto Workers (UAW) union workers picket outside the Ford Michigan Assembly Plant in Wayne, Michigan, U.S., September 23, 2023. Striking auto workers say they would like to see more support from elected officials as they push to get companies to share more of the profits. Republicans believe Biden's push to electrify America's vehicle fleet, by pumping billions of dollars of tax rebates into EV manufacturing, is unpopular with auto workers. In Michigan, Trump will criticize Biden's economic policies and incentives promoting EVs and say he would do a better job of protecting blue-collar workers if elected to a second term, Miller added. Biden's Michigan visit represents the most support a sitting president has shown striking workers since Theodore Roosevelt invited striking coal workers to the White House in 1902, historians said.
Persons: Nalio Chery, Joe Biden, Donald Trump, Biden, Shawn Fain, Fain, Dave Urban, Brandon Cappelletty, Trump, Robert Bruno, Ronald Reagan, Jason Miller, Miller, Karen Finney, Finney, Theodore Roosevelt, Nandita Bose, Jarrett Renshaw, Nathan Layne, David Shepardson, Heather Timmons, Jamie Freed Organizations: United Auto Workers, UAW, Ford Michigan Assembly Plant, REUTERS, Rights, Republican, Biden, Trump, General Motors, Ford, Chrysler, University of Illinois, Michigan, EV, Democratic, White House, Thomson Locations: Wayne , Michigan, U.S, Dieu, Michigan, Wayne County , Michigan, Detroit, Toledo , Ohio, Pennsylvania, Wisconsin, Biden's Michigan, Kansas City
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSept 5 (Reuters) - A U.S. judge on Tuesday allowed the state of Georgia to resume enforcing a new Republican-backed ban on hormone replacement therapy for transgender people under age 18, after a federal appeals court allowed a similar law in Alabama to go back into effect. The appeals court panel was entirely comprised of judges appointed by Republican presidents. The 11th Circuit hears appeals from Georgia as well, and after it ruled, the state's Republican attorney general, Chris Carr, urged Geraghty to vacate her injunction. Republican lawmakers in several states have passed laws restricting medical treatments for transgender minors. The law also prevents minors from receiving gender-affirming surgeries, though that provision was not at issue in the case before Geraghty.
Persons: Brendan McDermid, Sarah Geraghty, Geraghty, Chris Carr, Joe Biden, Kara Richardson, Carr's, Brian Kemp, Nate Raymond, Christopher Cushing, Leslie Adler Organizations: Trump, City Hall, REUTERS, Republican, Circuit, Democratic, Thomson Locations: New York City, U.S, Georgia, Alabama, Atlanta, Boston
Litigation over the approval of the Willow project is pending. Many of those same voices pressed Biden to approve the Willow project for the same reason. “Once again, the Arctic Refuge is free of oil leases. Haaland later in 2021 ordered a new environmental review after concluding there were “multiple legal deficiencies” underlying the Trump-era leasing program. Major oil companies sat out the sale, held after prominent banks had announced they would not finance Arctic oil and gas projects.
Persons: Biden, Willow, , Biden's, Deb Haaland, , , Mary Peltola, Jamie Williams, Sen, Dan Sullivan, Haaland, Bernadette Demientieff, ___, Bernadette Demientieff's, Daly Organizations: Republicans, Wildlife Refuge, Trump, National Petroleum Reserve, The, ConocoPhillips, Democratic, Wildlife, U.S, Rep, Willow, Wednesday, Wilderness Society, Alaska Republican, Alaska Industrial Development, Export Authority Locations: JUNEAU, Alaska, ConocoPhillips Alaska, ANWR, America, Alaska Republican U.S, Washington ,
Trump's new object of hatred is the surface state — the state itself. The attack on the surface state began, of course, on January 6, when a violent mob, assembled and encouraged by Trump, descended on the Capitol to overturn a presidential election. AdvertisementAdvertisementToday, Trump's attacks on the surface state are accelerating. Maybe Trump has forgotten that less than three years ago, he was head of the surface state. Even defendants who, like Trump, attempt to sabotage the integrity of the justice system are entitled to the same due process and protections under US law.
Persons: Donald Trump, Trump, He's, Jack Smith, Fanni Wills, Let's, I'm, he'd, That's, Hillary Clinton, Mark Meadows, Josh Hawley, Ted Cruz, Tommy Tuberville, Cindy Hyde, Smith, Roger Marshall, John Kennedy, Cruz, Hawley, didn't, We've, it's, Mattathias Schwartz Organizations: Trump, Capitol, Department of Justice, Mar, DOJ, White, CIA, FBI, NSA, White House, GOP, Committee Locations: Afghanistan, Fulton County, Georgia, United States, New York, Iraq
Andy Wong | Afp | Getty ImagesBEIJING — U.S. Commerce Secretary Gina Raimondo has called on China to improve the predictability of the business environment for American companies in the country. "There's an appetite certainly for U.S. business to continue to do business in China," she said, adding however that "It's an unlevel playing field for U.S. business. Foreign companies in China have long complained about market access challenges including forced tech transfers and preferential treatment for local companies, especially state-owned enterprises. Gina Raimondo U.S. Commerce SecretaryThe updated law is of "great concern" to U.S. companies, Raimondo said. Foreign business organizations have noted improvements over the years in China's protection of intellectual property.
Persons: Gina Raimondo, China Nick Burns, Premier Li Qiang, Andy Wong, Raimondo, CNBC's Eunice Yoon, Biden, Stephen Olson Hinrich, Stephen Olson Organizations: Premier, of, People, Afp, Getty, U.S . Commerce, U.S, Trump, U.S . Department of Commerce's, of Industry, Security, Commerce, CNBC, Foundation, Biden, Boeing, Bloomberg Locations: China, Beijing, BEIJING, U.S, Shanghai, America, The U.S
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsAug 21 (Reuters) - A U.S. judge has blocked the state of Georgia from enforcing a new Republican-backed law that bars doctors from providing hormone replacement therapy to treat gender dysphoria in transgender children under age 18. The ruling marked the latest instance of a federal judge blocking a law banning medical procedures for transgender youth. The judge said that amounts to a form of unconstitutional sex discrimination because a minor's sex at birth determines whether that child can receive a given form of medical treatment. The state argued that banning hormone therapy was justified by the risk that an individual may later in life regret the physical changes brought on by hormone replacement therapy. By contrast, research showed mental health benefits from allowing the treatment of gender dysphoria, the judge said.
Persons: Brendan McDermid, Sarah Geraghty, Christopher Carr, Kara Richardson, Brian Kemp, Geraghty, Joe Biden, Georgia, Nate Raymond, Will Dunham, Alexia Garamfalvi Organizations: Trump, City Hall, REUTERS, Republican, U.S, U.S . Constitution, Circuit, Appeals, Democratic, Thomson Locations: New York City, U.S, Georgia, Atlanta, U.S ., Boston
Alex Janin — Reporter at The Wall Street Journal
  + stars: | 2023-08-17 | by ( Alex Janin | ) www.wsj.com   time to read: 1 min
Alex JaninAlex Janin is a reporter covering personal health and wellness for The Wall Street Journal. Her work focuses on physical and mental health, exercise, fitness, nutrition, relationships and wellness trends. A graduate of the University of Southern California’s Annenberg School for Communication and Journalism, Alex has previously covered breaking news, culture, politics, and millennials & Gen Z for newsrooms including NowThis News, Al Jazeera, and Los Angeles Magazine. Alex's reporting on the Trump administration's cuts to women's healthcare funding and the DACA program were finalists for the 2017 Shorty Awards "News & Media" category. Her piece on California’s earthquake preparedness drill was runner-up for the 2016 Los Angeles Press Club Award in the television news category.
Persons: Alex Janin Alex Janin, Alex Organizations: Wall Street, University of Southern California’s Annenberg School for Communication, Journalism, NowThis, Los Angeles Magazine, Trump, Media, Los Angeles Press Locations: New York City, Midwest, Al Jazeera
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsAug 17 (Reuters) - A federal appeals court on Thursday refused to allow Idaho to enforce a first-in-the-nation ban on transgender women and girls from participating in female sports leagues, saying the measure likely was unconstitutional. That argument was pursued by the ACLU's client, Lindsay Hecox, a transgender athlete who sought to join the women’s track team at Boise State University. Wardlaw said the law also discriminates against all Idaho female student athletes on the basis of sex by subjecting only them and not male athletes to the "invasive" sex dispute verification process. The Biden administration's Department of Education in April proposed a rule change that would prohibit schools from enacting outright bans on transgender athletes from teams that are consistent with their gender identities while offering flexibility on exceptions for the highest levels of competition. Reporting by Nate Raymond in Boston Editing by Alexia Garamfalvi and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.
Persons: Brendan McDermid, Chase Strangio, Brad Little, Christiana Kiefer, Circuit Judge Kim McLane Wardlaw, Bill Clinton, Lindsay Hecox, Wardlaw, Nate Raymond, Alexia Garamfalvi, Matthew Lewis Organizations: Trump, City Hall, REUTERS, Circuit, Republican, American Civil Liberties Union, Christian, Alliance Defending, Democratic, U.S, Boise State University, Idaho, Biden administration's Department of Education, Thomson Locations: New York City, U.S, Idaho, North Carolina, Constitution's, Boston
A logo is seen at the World Trade Organization (WTO) headquarters before a news conference in Geneva, Switzerland, October 5, 2022. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsGENEVA, Aug 16 (Reuters) - A World Trade Organization (WTO) dispute settlement panel on Wednesday found that China had acted inconsistently with its WTO obligations by imposing additional duties on certain U.S. imports in response to U.S. tariffs on steel and aluminium. China's Commerce Ministry said it had noted the WTO panel decision and demanded that the United States immediately lift tariffs imposed on steel and aluminium imports. The U.S. imposed a 25% duty on steel imports and a 10% duty on aluminium imports in March 2018 based on the Donald Trump administration's "Section 232" national security investigation into steel and aluminium imports. In response to the U.S. duties, China announced that additional duties of between 15% and 25% would apply to certain imports originating in the United States, a measure challenged by Washington.
Persons: Denis Balibouse, Donald Trump, Joe Biden's, Gabrielle Tétrault, Farber, Susan Heavey, Ella Cao, Rachel More, Devika Syamnath, Sharon Singleton Organizations: World Trade Organization, REUTERS, Rights, Trade Organization, U.S . Trade, WTO, Ministry, U.S, Washington, United, Thomson Locations: Geneva, Switzerland, China, United States, Beijing, U.S, Washington
China chipmaker Hua Hong posts modest gains in Shanghai debut
  + stars: | 2023-08-07 | by ( ) www.reuters.com   time to read: +2 min
SHANGHAI, Aug 7 (Reuters) - Hua Hong Semiconductor, China's second-largest chip foundry, posted modest gains in its Shanghai debut on Monday, reflecting a weak market sentiment and investor caution amid mounting Sino-U.S. chip rivalry. Hua Hong shares opened 13% higher on Shanghai's tech-focused STAR Market, but quickly faltered. The Shanghai Composite Index (.SSEC) was down 0.6%, while Hua Hong's Hong Kong-listed shares declined more than 7%. Randall said the money raised by Hua Hong is not huge in a capital-intensive industry, but shows chipmakers are broadening fundraising channels in addition to government backing. Hua Hong will use most of the proceeds to boost capacity at a facility in Wuxi, in eastern Jiangsu province, according to the company's prospectus.
Persons: Hua, Hua Hong, Joe Biden's, Stewart Randall, Randall, Li Gu, Brenda Goh, Mo Yelin, Muralikumar Anantharaman, Himani Organizations: Hua Hong Semiconductor, Hua Hong, Trump, Washington, Thomson Locations: SHANGHAI, Shanghai, U.S, Hong Kong, Beijing, Washington . U.S, China, Wuxi, Jiangsu
The Education Department finalized a rule to allow state oversight into federal student-loan servicers. The rule is intended to protect borrowers from misleading behavior or inaccurate payment counts. The department concluded that the Higher Education Act of 1965 allows states to play a role in regulating federal loan servicers to better protect borrowers from misleading behavior. "States may consider and adopt additional measures which protect borrowers and can be harmonized with Federal law," it said. The notice does have some limits on what states can do, like ruling a federal loan servicer in a state cannot continue operations.
Persons: Joe Biden's, Miguel Cardona, Donald Trump's, Betsy DeVos, , servicers Organizations: Education Department, Service, Joe Biden's Education Department, Federal, Higher, Department, servicer Locations: Wall, Silicon, Federal,
King, an active-duty U.S. Army soldier serving in South Korea, sprinted into North Korea while on a civilian tour of the Demilitarized Zone on the border between the two Koreas. Washington is fully mobilized in trying to contact Pyongyang about him, U.S. Army Secretary Christine Wormuth said on Thursday, but North Korea had yet to respond. At that time, U.S. officials had just concluded an initial nuclear agreement with North Korean leader Kim Jong Un's father, Kim Jong Il. Warmbier was eventually returned to the United States in a coma in 2017, but died days later. "Here's the response we got: one missile launch after another," referring to repeated North Korean missile tests.
Persons: Travis King, Christine Wormuth, Joe Biden, Trump, It's, Thomas Hubbard, Bobby Hall, Kim Jong Un's, Kim Jong Il, Hubbard, King, Mickey Bergman, Bill Richardson, Bergman, Jenny Town, Charles Robert Jenkins, , Tae Yong, Otto Warmbier, Warmbier, Otto’s, Fred, He’s, Antony Blinken, Biden, Blinken, Simon Lewis, David Brunnstrom, Idrees Ali, Don Durfee, Stephen Coates Organizations: Army, U.S . Army, U.S, North, Koreans, United Nations Command, Richardson, . Army, Reuters, Aspen Security, Korean, Thomson Locations: United States, North Korea, South Korea, . Washington, Pyongyang, U.S, Washington, North, Korea, Koreans, Sweden, New York, Jenny, Korean, Korea's
China's Xi urges greater innovation amid tech curbs from US
  + stars: | 2023-07-07 | by ( ) www.reuters.com   time to read: +2 min
BEIJING, July 7 (Reuters) - China's President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States intensifies curbs on Chinese access to advanced technologies. "With the rapid development of information technology and the emergence of disruptive technologies at any time, it is necessary to maintain a solid footing on the path of innovation and contribute to the realisation of high-level self-reliance in technology," Xi said. The United States is also considering restricting flow of its investments and know-how into Chinese companies working on advanced semiconductors, artificial intelligence and quantum computing. Yellen's trip to China comes weeks after a visit by Secretary of State Antony Blinken, who agreed with Xi that the mutual rivalry should not veer into conflict. Reporting by Ryan Woo and Ellen Zhang; Editing by Himani Sarkar and Ros RussellOur Standards: The Thomson Reuters Trust Principles.
Persons: Xi Jinping, Xi, Joe Biden's, Janet Yellen, Li Qiang, Antony Blinken, Ryan Woo, Ellen Zhang, Himani Sarkar, Ros Russell Organizations: Xinhua, Trump, Washington, Treasury, Thomson Locations: BEIJING, United States, China, Jiangsu, U.S, Beijing
US targets China over semiconductors
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +3 min
The case initially started as a dispute between Micron Technology (MU.O) and the Chinese firm. Trump's move escalated it into the realm of an international trade conflict between the United States and China. January 2020: Reuters reported that the Trump administration had since 2018 had mounted an extensive campaign to block the sale of Dutch chip manufacturing technology to China. May 2020: The Trump administration blocks shipments of semiconductors to China's Huawei Technologies from global chipmakers, crippling its HiSilicon chip and smartphone divisions. December 2022: The U.S. adds Chinese memory chip maker YMTC and dozens of other Chinese firms to its trade blacklist.
Persons: Florence Lo, Joe Biden's, Donald Trump's, Trump's, Trump, Biden, Brenda Goh, Jamie Freed Organizations: REUTERS, Trump, Washington, Reuters, Former U.S, U.S . Justice Department, Micron Technology, Huawei Technologies, HK, Nvidia, Micron Devices, Thomson Locations: China, U.S, Netherlands, Former, Fujian, United States, ASML, Shanghai
Republican presidential candidate Ron DeSantis is headed to the southern border on Wednesday. The DeSantis administration sent two flights of migrants from Texas to California. Ron DeSantis is headed to the US-Mexico border for the first time as a 2024 presidential candidate. DeSantis is the second candidate running for the GOP nomination heading to the southern border. "Ron DeSantis knows Trump's border policies worked," read the title of the email, emphasizing the border wall as Trump's brainchild.
Persons: Ron DeSantis, He'll, , DeSantis, Mike Pence, Nikki Haley, who've, Trump, Gavin Newsom, Rob Bonta Organizations: Service, Gov, GOP, Former UN, Trump, Morning, Democratic, DeSantis, Sacramento Bee Locations: Texas, California, Mexico, El Paso , Texas, Sacramento , California, Sierra Vista , Arizona, Iowa, New York City, DeSantis, Florida, San Antonio , Texas, Vineyard , Massachusetts, Sacramento
"Meet the Press" host and moderator Chuck Todd announced on Sunday that he will step down this year after nine years hosting the public affairs talk show. "'Meet the Press' has sustained its historic role as the indispensable news program on Sunday mornings," Blumenstein and Budoff Brown said. She is the second woman — following its inaugural host, Martha Rountree — and the first Black journalist to moderate "Meet the Press." Todd — the 12th moderator of "Meet the Press" and a five-time Emmy-winning journalist — saw himself as a custodian of the show. Welker has regularly filled in for Todd on "Meet the Press."
Persons: Chuck Todd, Kristen Welker, It's, Todd, I've, we've, Rebecca Blumenstein, Carrie Budoff Brown, Budoff Brown, Welker, Tim Russert, Martha Rountree —, Barack Obama's, Donald Trump, Kellyanne Conway, Sean Spicer, Conway, Spicer, Trump, Todd —, , I'm, She's, Joe Biden, David Gregory, Chuck Organizations: NBC News, White House, NBC, Press, America, U.S, Capitol, Trump, GOP, Republican National, MSNBC, White, The, CNBC, Comcast Locations: America, Washington
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