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US Government Makes $8.9B Investment to Take 10% Stake in Intel
The US government has officially taken a 10% stake in Intel in what seems to be a bid to save the chip maker, Secretary of Commerce Howard Lutnick unveiled in a post on X on Friday. Intel confirmed its agreement with the Trump Administration in a press release issued late Friday,
Commerce Secretary Howard Lutnick canceled an Biden administration agreement Monday to distribute billions of dollars for ...
U.S. Commerce Secretary Howard Lutnick backed Union Pacific’s proposed $72 billion takeover of Norfolk Southern, saying it ...
Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.
Chinese officials are peeved over Commerce Secretary Howard Lutnick’s “insulting” remarks about Nvidia’s H20 computer chip — ...
U.S. Secretary of Commerce Howard Lutnick on Friday, August 8, sent a letter to Harvard University President Alan Garber ...
CNBC's Eamon Javers reports on U.S. Commerce Secretary Howard Lutnick's announcement that the United States government now ...
Commerce Secretary Howard Lutnick has reignited concerns about political interference in future jobs data after saying the ...
President Trump said Friday that Intel has agreed to give the U.S. government a 10 percent stake in the company. “They’ve ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
Senators Ron Wyden and Elizabeth Warren are demanding answers from Cantor Fitzgerald after WIRED reported that the firm was ...
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‘This is Socialism!’ Conservative Radio Host Slams Trump Admin For Wanting Stake In Private Company
"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...
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