A quartet of bipartisan House lawmakers on Monday proposed a framework to temporarily extend ObamaCare’s enhanced tax credits that includes a sunset period and an income cap for high earners. The “statement of principles” from centrist Reps. Don Bacon (R-Neb.), Tom Suozzi (D-N.Y.), Jeff Hurd (R-Colo.) and Josh Gottheimer (D-N.J.) represents the only public proposal from […]
President Trump has sought to distance himself from Binance founder Changpeng Zhao after facing backlash for pardoning the cryptocurrency billionaire whose company has had business dealings with the Trump family’s digital finance venture. The president’s comments have revived scrutiny of his family’s financial interest in the crypto industry and Trump’s own repeated claims that former […]
Editor’s note: This story has been updated to correct the amount of the loan to ReElement Technologies, which is $80 million. The Trump administration is putting nearly $750 million toward a deal to produce rare-earth magnets in the U.S. — and is once again taking shares of the companies to which it will dole out […]
Tech billionaire Elon Musk on Monday publicly backed former New York Gov. Andrew Cuomo (D) in his independent bid to be New York City’s mayor in the general election on Tuesday. In a post on his social platform X, Musk warned his nearly 229 million followers that supporting the city’s Republican mayoral nominee, Curtis Sliwa, […]
(KSWB/KUSI) — Three more U.S. cities will soon be getting Waymo’s self-driving vehicles, the company announced Monday. Residents of San Diego, Las Vegas and Detroit can expect the rollout of the company’s vehicles in the next months, joining five other American cities where the vehicles already ferry passengers. Service in the three cities is coming […]
Disney is urging YouTube TV to restore its broadcast channels on the streamer ahead of Election Day on Tuesday. “Despite the impasse that led to the current blackout, we have asked YouTube TV to restore ABC for Election Day so subscribers have access to the information they rely on,” the media and entertainment giant said […]
The top drug regulator at the Food and Drug Administration (FDA) resigned Sunday, according to officials, after being accused of using his position of authority to publicly denigrate a treatment tied to a former business associate. Dr. George Tidmarsh, a drug industry veteran who joined the administration in July, was placed on administrative leave Friday […]
OpenAI has struck a $38 billion agreement with Amazon Web Services (AWS) to secure cloud computing power from the tech giant, the ChatGPT maker announced Monday. The multiyear deal will give the AI firm access to “hundreds of thousands of state-of-the-art” Nvidia chips, as the company seeks vast computing power to continue developing its AI […]
President Trump said he will help “Dilbert” creator Scott Adams, who pleaded with the president to intervene in his cancer treatment. “On it!” Trump said in a post on his Truth Social platform. The president included screenshots of the public plea from Adams, the cartoonist who announced earlier this year he was diagnosed with prostate […]
President Trump said he’s “not really” considering providing Ukraine long-range Tomahawk missiles, after reports indicated the Pentagon gave the White House its approval to send the weapons. “No, not really,” Trump told reporters Sunday on Air Force One, when asked if he’s considering sending the missiles. “Could happen,” he added. “I could change, but at […]