Biden hails U.S. manufacturing’s return at TSMC chip plant in Arizona

PHOENIX, Ariz., Dec 6 (Reuters) – U.S. President Joe Biden visited TSMC’s (2330.TW) Arizona factory on Tuesday as the Taiwanese chipmaker said it would triple its planned investment to $40 billion. dollars, among the largest foreign investments in American history. The expanded investment is a big win for Biden after supply chain issues plagued the … Read more

Facebook owner Meta may remove news from platform if U.S. Congress passes media bill

WASHINGTON, Dec 5 (Reuters) – Facebook’s parent company, Meta Platforms Inc (META.O), threatened on Monday to remove information from its platform if the U.S. Congress passes a proposal to facilitate collective bargaining for public bodies. releases with companies like Alphabet Inc. (GOOGL.O) Google and Facebook. Sources briefed on the matter said lawmakers are considering adding … Read more

U.S. railroad investor resolutions urge paid sick leave for workers

Dec 5 (Reuters) – Investors have proposed shareholder resolutions to two U.S. railroads calling for paid sick leave for workers, an issue that nearly sparked a nationwide railroad strike, and they could pass to an advisory vote at shareholder meetings in the spring. On Friday, President Joe Biden signed legislation to block a rail closure … Read more

In North Carolina, vandals leave thousands in the dark

Dec 4 (Reuters) – Residents of a central North Carolina county faced a second night of freezing weather without power on Sunday after vandals opened fire on two power substations in what authorities called it a “targeted attack”. The motive for Saturday night’s wave of damage was unclear, Moore County Sheriff Ronnie Fields said. Due … Read more

Florida mulls U-turn on move to strip Disney theme-parks of self-governing status – FT

Dec 2 (Reuters) – Florida lawmakers are considering overturning a decision that would strip Walt Disney Co (DIS.N) of its right to operate a private government around its famous theme parks, the Financial Times reported on Friday, quoting people. informed of the plan. In April, lawmakers gave final approval to a bill ending Walt Disney’s … Read more

China will move to protect its firms following U.S. telecoms ban

BEIJING, Dec 1 (Reuters) – China opposes the U.S. Federal Communications Commission’s ban on the sale of new Chinese telecommunications equipment, the Commerce Ministry said on Thursday, pledging to adopt the measures necessary to protect the rights of its national companies. The Biden administration on Friday banned the sale or import of new telecommunications equipment … Read more

U.S. House to vote to block rail strike despite labor objections

WASHINGTON/LOS ANGELES, Nov 29 (Reuters) – The U.S. House of Representatives was scheduled to vote on Wednesday to block a railroad strike that could occur as early as December 9, after President Joe Biden warned against disastrous economic consequences and massive job losses. . House Speaker Nancy Pelosi said lawmakers would vote on Wednesday to … Read more

Finland buys more arms from United States as it boosts defences

HELSINKI, Nov 29 (Reuters) – The U.S. State Department has approved a second major arms sale to Finland in a month, helping Russia’s northern neighbor as it bids to strengthen its defenses due to war in Ukraine, Finland and the United States said. After Russia invaded Ukraine in February, the Finnish government decided to allocate … Read more

Exclusive: U.S. weighs sending 100-mile strike weapon to Ukraine -sources

WASHINGTON, Nov 28 (Reuters) – The Pentagon is considering a Boeing proposal to supply Ukraine with small, inexpensive precision bombs mounted on abundantly available rockets, allowing Kyiv to strike far behind Russian lines as the West is struggling to meet the demand for additional armaments. US and allied military stocks are dwindling and Ukraine faces … Read more

Musk says he will support DeSantis if Florida governor runs for president

WASHINGTON, Nov 25 (Reuters) – Billionaire Elon Musk said on Friday he would back Ron DeSantis in 2024 if the Florida governor, who recently won a second term, runs for president. Earlier this month, DeSantis beat Democratic opponent Charlie Crist by nearly 20 percentage points to win re-election as governor of Florida and cemented himself … Read more