Tag: Presidency of Donald Trump

InnovationScienceTechnology

US Government Explores Equity Stakes in Quantum Computing Companies Through CHIPS Program

The US Commerce Department is reportedly exploring taking equity stakes in quantum computing companies through the CHIPS program. This would mark a significant departure from traditional grant funding toward direct government ownership in strategic technology sectors.

Strategic Shift in Federal Technology Investment

The US Commerce Department is considering taking equity positions in American quantum computing companies through its CHIPS program, according to reports from The Wall Street Journal. This potential move would represent a fundamental shift in how Washington supports strategic technology sectors, moving away from traditional grants toward direct government ownership stakes in private companies.

by Ryan Holbrook
BusinessGovernmentTechnology

U.S. Launches Trade Probe Into China’s Fulfillment of 2020 Agreement Terms

The United States is preparing to investigate China’s adherence to the 2020 trade agreement, sources indicate. This move could result in additional tariffs as tensions escalate between the economic powers.

Trade Investigation Initiated Over China Deal Compliance

The Trump administration is preparing to file a trade investigation into China’s implementation of the 2020 trade agreement, according to reports from Washington. Sources familiar with the matter indicate this move could potentially lead to additional tariffs on Chinese imports and further escalate tensions between the world’s two largest economies.

by Darren Holt
EnergyPolicy

Trump Administration Backs Offshore Drilling Revival Despite California Oil Spill Legacy and Legal Challenges

The Trump administration is supporting a Texas company’s controversial plan to restart offshore oil drilling in California waters, where a 2015 pipeline rupture caused one of the state’s worst environmental disasters. Sable Offshore Corp. faces multiple legal challenges from environmental groups and state agencies as it seeks to revive production in federal waters beyond state jurisdiction.

Controversial Offshore Drilling Project Moves Forward

Federal officials under the Trump administration are reportedly backing a Texas-based energy company’s efforts to resume oil production off the Southern California coast, according to sources familiar with the matter. This development comes nearly a decade after a catastrophic pipeline failure caused what analysts describe as one of the state’s worst environmental disasters in decades.

by Carter Wells
BusinessEnergy

Lithium Americas Stock Rally Faces Caution Despite Federal Backing, Analysts Warn

Lithium Americas Corp. has seen shares surge over 129% following federal government investment and national security designation. However, financial analysts suggest investors maintain perspective amid the Washington-driven enthusiasm. The lithium producer’s rally reflects growing recognition of the element’s strategic importance.

Federal Investment Sparks Lithium Stock Surge

Lithium Americas Corp. has experienced a dramatic stock price increase of 129.5% over the past month, according to reports, following significant federal government investment in the company. Sources indicate the U.S. federal government took a stake in the lithium producer, fueling investor enthusiasm for the strategically important sector.

by Carter Wells