Tag: trump administration

Sky High Setback: US Flyers Lose Bid for Delay Payouts Amid Trump Policy Shift
In a move that has sent ripples through the aviation industry, the Trump administration has officially withdrawn a Biden-era proposal mandating cash compensation for passengers...
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Warren’s Crusade Against Trump’s AI Bailout: Inside the OpenAI Storm
WASHINGTON—Senator Elizabeth Warren is ramping up scrutiny on the Trump administration's potential plans to provide financial support to artificial intelligence companies, with...
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EU’s AI Rulebook on Hold: Tech Titans and Trump Push Back Against Regulation
BRUSSELS—In a surprising turn, the European Union is contemplating a significant delay to key provisions of its landmark Artificial Intelligence Act, succumbing to intense lobby...
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OpenAI’s Push for Chips Act Overhaul: Tax Credits for AI’s Massive Data Centers
OpenAI has made a significant move to influence U.S. technology policy by urging the incoming Trump administration to expand a key tax credit under the Chips and Science Act. In...
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Honda’s EV Pivot: How Politics Stalled the Electric Revolution
TOKYO—In a candid admission that underscores the volatile intersection of policy and innovation, Honda Motor Co.'s CEO Toshihiro Mibe has pinpointed politics as the paramount ba...
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America’s $80B Nuclear Bet: Reviving Reactors for AI Era
WASHINGTON—In a bold move to revitalize the U.S. nuclear industry, the government has partnered with Westinghouse Electric Co. and its Canadian owners in an $80 billion initiati...
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Judge Halts Trump’s Plan to Fire 4,000 Federal Workers in Shutdown
In a dramatic turn of events amid the ongoing U.S. government shutdown, a federal judge has issued a temporary restraining order halting the Trump administration's plans to fire th...
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Intel CEO Asked to Resign by Trump Prior to $8.9B Stake Amid Geopolitical Tensions
Intel Corp. finds itself at a crossroads, grappling with internal strife and external pressures that could redefine its future. Recent reports indicate that the company's leadershi...
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US Commerce Sec. Lutnick Proposes 10% Intel Stake for CHIPS Funding
In a bold move that underscores the Trump administration's aggressive push to bolster U.S. semiconductor dominance, Commerce Secretary Howard Lutnick has publicly stated that Intel...
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US Imposes 39% Tariffs on Swiss Watches, Drugs Over $38B Surplus
Switzerland's economy, renowned for its precision engineering and luxury exports, is now grappling with an unprecedented threat from across the Atlantic. President Donald Trump's a...
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California Scraps $15 Low-Income Broadband Mandate
In a significant reversal for California's ambitious push toward affordable internet access, state officials have abandoned a proposed mandate that would have required major intern...
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Europe Makes Play to Attract US Scientists
Europe sees an opportunity to close the technological gap by attracting US scientists and researchers who are disillusioned by Trump administration funding...
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US Automakers Sound Alarm Over US-UK Trade Deal
The recent trade agreement between the US and UK has given the Trump administration a much-needed economic win, but US automakers are sounding the alarm....
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Nvidia Slams Biden Administration’s ‘Misguided AI Diffusion’ Rule
Nvidia is taking the Biden Administration to task, saying its "AI Diffusion" rule is misguided and undermines America's ability to compete....
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Judge Denies TikTok Appeal of US Ban
U.S. Court of Appeals for the District of Columbia Circuit has denied an appeal by TikTok, upholding a ban that will go into effect in January....
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