Latest in TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years
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TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years
The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to the United States.The New York Times - 1h -
Trump announces Taiwanese chip giant's $100 billion investment in U.S.
President Trump announced that a leading Taiwanese semiconductor chip company plans to invest $100 billion in new manufacturing plants in the U.S.CBS News - 7h -
Apple says it will invest $500 billion in U.S. over next 4 years
Apple's plans include building a new manufacturing plant to produce Apple Intelligence servers in Texas.CBS News - Feb. 24 -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - Feb. 20 -
Trump announces $100 billion investment in U.S. from TSMC, calls it 'most powerful company' in world
President Donald Trump announced a $100 billion investment from Taiwan Semiconductor Manufacturing to boost U.S. chip building.CNBC - 6h -
TSMC to announce $100B investment in US chip manufacturing
Taiwan Semiconductor Manufacturing Company (TSMC) plans to announce a $100 billion investment in U.S. chip manufacturing plants on Monday, the White House confirmed. The multibillion-dollar ...The Hill - 10h -
Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites
Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.MarketWatch - 5d -
Apple announces $500bn in US investments over next four years
Spending ranges from new AI server factory in Texas to film and TV content and may add 20,000 jobs. Apple announced Monday it would invest $500bn in the US in the next four years that would ...The Guardian - Feb. 24 -
U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
The threat of tariffs has led shoppers to tighten their purse strings.Inc. - 3d -
The New Yorker Celebrates 100 Years
A buzzy night spot was the party venue for a magazine that is “the last of its kind.”The New York Times - 5d -
DeepSeek raises new questions for Nvidia and the tech giants that hoard its chips
DeepSeek shook the market, but companies like Nvidia are still developing AI platforms that foundation models can use to operate.CNBC - 5d -
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade
Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.CNBC - 3d -
A 4-Year-Old Boy Dies of Ebola in Uganda as U.S. Pulls Back on Help
The Trump administration has canceled at least four of the five contracts with organizations that helped manage the outbreak in Uganda.The New York Times - 3d -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - Feb. 22 -
Japan warns over threat from China’s chip material export controls
Officials and executives say gallium rules will upset supply chains for chips and vehicle batteriesFinancial Times - Feb. 21 -
‘People are so polite’: the Ukrainian refugee bonding with the British over borscht and chips
First Ukrainian refugee to arrive in UK after Russia invasion says even the British dogs are better behaved, but that ‘the weather is sad’. Sharing a bowl of homemade Ukrainian borscht with your ...The Guardian - Feb. 23 -
Apple announces $500 billion investment in U.S.
Apple has announced a $500 billion investment in the U.S. over the next four years. The company also said it will hire 20,000 additional workers in the U.S. CBS MoneyWatch Correspondent Kelly ...CBS News - Feb. 24 -
Pokémon boss believes series can last another 50 to 100 years
CEO Tsunekazu Ishihara speaks to the BBC about the future of the world's most valuable media franchise.BBC News - 5d -
Starmer and Badenoch clash over defence spending
The prime minister announced the UK will reallocate aid funds to boost military spending to 2.5% of GDP by 2027.BBC News - 5d -
Rubio Bypasses Congress to Send Israel $4 Billion in Arms
Secretary of State Marco Rubio’s emergency declaration calls for sending 2,000-pound bombs and other weapons to Israel as the war in Gaza continues.The New York Times - 12h -
Intel delays Ohio chip plant opening to next decade, was supposed to start production by 2026
Intel is pushing off the opening of its Ohio chip manufacturing facility, the embattled chipmaker said Friday.CNBC - 3d -
How many people over 100 receive Social Security benefits?
Here's how many Social Security retirement checks go out to people 99 and older. Hint: It's far fewer than Trump claims.The Hill - Feb. 21 -
Gabbard moves to fire 100+ intel officers over explicit chat messages
Tulsi Gabbard, the director of national intelligence, has moved to fire more than 100 intelligence officers over explicit chats they allegedly sent around in an internal agency messaging board. ...The Hill - 5d -
Ukraine says Moscow launched over 100 drones overnight
The fiery White House exchange between President Donald Trump and Ukrainian president Volodymyr Zelenskyy has raised doubts that the end of Russia's war on Ukraine is near. Overnight, Ukraine said ...CBS News - 2d -
What's next for Ukraine as the U.S. and Russia reset their relationship
With the U.S. and Russia warming relations and Europe feeling sidelined, questions loom over Ukraine's future. CBS News contributor and retired Lt. Gen. H.R. McMaster, former national security ...CBS News - 11h -
NCAA tourney expansion unlikely for next year
The NCAA has not finalized expansion plans for the men's and women's basketball tournaments and a decision is unlikely soon, Dan Gavitt. NCAA senior vice president of basketball, told CBS Sports.ESPN - 3d -
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.The New York Times - 4d -
Move over H5N1: The next pandemic is already here
The widespread use of antibiotics in industrial animal agriculture is contributing to the rise of antibiotic resistance, with over 35,000 Americans expected to die this year from a preventable ...The Hill - Feb. 21 -
Pax Americana is over. What comes next will be worse.
For nearly eight decades, humanity has benefited from an international order built and maintained by American power.The Hill - 2d -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - 5d -
Apple Will Invest $500 Billion in U.S.—and Create 20,000 Jobs
Investments will include a giant factory in Texas.Inc. - Feb. 24 -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - Feb. 24 -
Eli Lilly plans at least $27 billion in new U.S. manufacturing investments
It comes as companies work to build goodwill with Trump, who has emphasized reshoring manufacturing to the U.S. and reducing reliance on foreign supply chains.CNBC - 5d -
Top Justice Department prosecutor resigns over climate spending probe
A top prosecutor with the Department of Justice resigned after refusing to take part in a probe of Biden-era climate spending. CBS News national environmental correspondent David Schechter reports.CBS News - Feb. 21 -
Fight over Trump's spending powers boosts shutdown odds
Congressional negotiators racing to avert a government shutdown next month appear to have hit a wall on the question of whether to limit President Trump’s powers to spend the money. On one side of ...The Hill - 4d -
Germany’s Merz in ‘difficult’ talks over plans to boost defence spending
Debate over multibillion-Euro top-up to military fund is playing a central role in exploratory coalition discussionsFinancial Times - 3d -
NIH Research Grants Lag Behind Last Year’s by $1 Billion
After weeks of disruption to scientific federal grants, the National Institutes of Health has fallen behind in funding research into treatments for deadly diseases.The New York Times - Feb. 18 -
Dell forecasts $15 billion of AI server sales this year
Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.CNBC - 4d -
'Unbelievable gentleman' - 100-year-old veteran meets Marines and has them in fits of laughter
Veteran who earned his Green Beret in 1942 is described as an "unbelievable gentleman".BBC News - Feb. 23