The Affordable Connectivity Program's (ACP) funding is declining, leaving New Yorkers wondering how they will afford broadband internet in their homes.
Funding
US President Joe Biden Unveils AI Data Center Plans at Wisconsin
President Joe Biden unveiled Microsoft's $3 billion investment in an AI data center in southeast Wisconsin, addressing the soaring demand for computing power in the AI sector.
Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy
Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt.
Social Security and Medicare Get Boost From Stronger US Economy, But Funds Expected to Run Short in 2035
Social Security and Medicare have improved due to stronger-than-expected economic growth. However, the safety-net programs are still expected to face a funding crisis in approximately ten years.
Heineken Announces £39 Million Investment to Reopen 62 Closed UK Pubs
The focus of the investment will be on reopening 62 pubs that were previously closed and renovating 94 existing outlets.
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BlackRock and Saudi Arabia's PIF launched BRIM, a $5 billion investment platform in Riyadh. The platform aims to boost foreign investment, support local markets, and foster economic transformation.
Ryan Reynolds and Rob McElhenney, known for owning Wrexham AFC, have acquired a stake in Mexican soccer team Club Necaxa.
NEOM, a subsidiary of Saudi Arabia's sovereign wealth fund, secures new financing finality. Tarek Qaddumi (R), executive director of the Saudi Arabia mega-project NEOM, gestures at a map showing NEOM sites as he stands beside Nicholas Ho (L), the top Hong Kong official responsible for implementing China's Belt and Road Initiative, at an exhibition at the M+ museum for visual culture in Hong Kong on April 19, 2024.
The OpenAI Startup Fund has quietly concluded a $15 million funding round. The OpenAI Startup Fund has quietly concluded a $15 million funding round. This venture fund, which is related to but technically separate from OpenAI, invests in early-stage AI-related firms.
Millions of overweight or obese patients with heart issues covered by Medicare could receive access to a popular weight loss medicine.
Biden's $7B grants are set to create 200,000 jobs and save households $400 yearly on energy costs.
Taiwan's military engages in talks with the United States over newly allocated funding following reports of Chinese military aircraft breaching the sensitive median line of the Taiwan Strait.
Despite fierce opposition from Republican hardliners, the US House of Representatives approved a $95 billion legislation package giving security assistance to Ukraine, Israel, and Taiwan.
The Anaheim City Council has given the green light to Disneyland Forward, the Walt Disney Company's ambitious plan to expand its iconic theme park.
