The administration of President Joe Biden has allocated some $285 million in funding from the CHIPS Act to pioneer a digital twin technology institute specifically for semiconductors.
Sectors
Tennessee Cleaning Company Fined $650,000 for Illegally Hiring Children, Some as Young as 13, to Clean Dangerous Slaughterhouses
A cleaning company in Tennessee has agreed to pay nearly $650,000 after a federal probe found it had employed over 20 children to clean dangerous slaughterhouses in Virginia and Iowa.
Amazon Web Services to Invest Nearly $9 Billion to Boost Cloud Computing Venture in Singapore
Amazon Web Services (AWS) is planning to invest nearly $9 billion to expand its cloud computing infrastructure and services in Singapore.
Palmer Candy Recalls Over a Dozen 'White Coated' Confectionary Products Over Possible Salmonella Contamination
Palmer Candy, an Iowa-based candy company, is recalling several white-coated confectionary products due to potential Salmonella contamination.
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.
Latest News
Americans are preparing for another wave of increased housing expenses, according to the Federal Reserve Bank of New York.
US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey.
Two products sold at Dollar Tree and Publix locations have been recalled by Planters due to potential Listeria contamination.
Former Starbucks CEO Howard Schultz asked his successor Laxman Narasimhan and other Starbucks senior officials to communicate with shop baristas and work with them to enhance coffee service.
Red Sea container shipping is experiencing increased disruption, according to Maersk, which predicts that capacity between Asia and Europe would be reduced by up to 20% in the second quarter.
Hims & Hers CEO Andrew Dudum clarified that he does not condone violence, antisemitism, or intimidation.
Over 1,100 flights faced delays or cancellations on Monday at Denver International Airport due to strong wind gusts that swept through the state.
A complaint reveals Lululemon's marketing-environmental impact discrepancies, citing a significant rise in greenhouse gas emissions since the "Be Planet" campaign's started in 2020.
The ruling upheld an earlier decision of a judge, who ruled that Apple violated a law in 2022 by blocking union flyers and coercively interrogating employees about their pro-union activities.
