The panel with jurisdiction over freight policy voted 16-12 to report Howard Lutnick’s nomination to the full Senate. Sen. John Fetterman (D-Pa.) joined Republicans in support.
Colloquially known as “friendshoring,” the policy is a way to hedge major industries like technology against big supply shocks, while reducing dependence on China and boxing out Beijing in the global ...
Commerce secretary nominee Howard Lutnick may cut tech initiative spending such as semiconductor subsidies or broadband ...
The announcement of a sovereign wealth fund by the US can prove key to TikTok’s sale. Donald Trump has indicated that the ...
French semiconductor materials supplier Soitec on Wednesday cut its sales forecast for 2025, citing a couple of customers asking to put some deliveries on hold due to worsening conditions in ...
FY'25 guidance revised: revenue expected to decrease by high single digit year-on-year at constant exchange rates and perimeter (compared to flat previously), and EBITDA1 margin2 expected between 32% ...
U.S. copper imports have risen from 10 percent of demand in 1995 to 50 percent today and are expected to increase to ...
The US trade gap swelled last year to nearly $920 billion, according to government data released Wednesday, as deficits come ...
Acting president vows to support homegrown AI companies, braces for China's DeepSeek shockwaves South Korea’s Acting President Choi Sang-mok vowed to create a government fund of over 34 trillion won ...
There is now a broad consensus on the need to rebuild US industrial capabilities to protect national and economic security.
Micron Technology Inc, a global leader in memory and storage solutions, is positioning Malaysia at the heart of the ...
What people forget about that speech, as eloquent a defense of free trade as it was, is that Reagan was explaining a ...