Companies that forgo stock buybacks for 5 years to get preferential treatment under CHIPS program
Biden administration Secretary of Commerce Gina Raimondo says the incentives are to coerce companies into investing in R&D, not buybacks.
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Biden administration Secretary of Commerce Gina Raimondo says the incentives are to coerce companies into investing in R&D, not buybacks.
This action follows a $5 billion USD allocation by the Biden administration to fund new electric vehicle charging stations earlier this year.
Set to boost chip production and make the United States tech market more competitive, the CHIPS Act now goes to President Biden to be signed into law.
Amid increasing inflation, Biden could slash Trump's infamous China tariffs.
Here's what Biden's cryptocurrency review means for users.
President Biden's new law will allow employees to choose whether to pursue court claims or arbitration with companies over sexual harassment.
The administration has been cautious about the prospect of a digital dollar, but it is at least expected to investigate the market starting next week.
Granholm cited President Biden's commitment to unions as the reason for exclusion of non-unionized EV manufacturers.
The Biden administration had harsh words for Facebook and further social media that do not adequately crack down on false narratives in regards to COVID-19.
The White House's new plan aims to curb anti-competitive practices in the tech industry and allow the FTC to investigate previously cleared "bad mergers."