U.S. government financing for reshoring projects to return critical supply chains to the United States as part of coronavirus response efforts could…
Tag: Trump administration
TSMC secures government subsidies and picks site for $12 billion U.S. plant
TSMC (Taiwan Semiconductor Manufacturing Co. Ltd.) has secured government subsidies for a planned $12 billion U.S. chip plant to be built in…
Apple set to break out in coronavirus market rally as Dow futures jump on vaccine hopes
Dow futures jumped Tuesday morning, along with S&P 500 and Nasdaq futures, amid continued coronavirus vaccine hopes. The coronavirus stock market rally …
Stock futures jump on Memorial Day as coronavirus stock market rally rolls on
On Monday morning, Dow Jones stock futures rose solidly, along with S&P 500 futures and Nasdaq futures, with U.S. markets closed for Memorial Day…
Doctor testing Moderna’s COVID-19 vaccine says it’s ‘mind-boggling’ that it may be ready this year
Emory University medicine professor Dr. Carlos del Rio told CNBC on Friday, “I am cautiously optimistic” that a COVID-19 vaccine could be ready this year…
Some Americans spend $1,200 stimulus checks on non-essentials including electronics
There’s evidence that some Americans are spending their $1,200 stimulus checks on non-essentials including electronics, video games, sporting goods…
U.S.-China fight over chipmaker TSMC rattles tech industry
On Friday, the Trump administration banned TSMC and rival chipmakers using American equipment from supplying China’s Huawei Technologies Co. without …
TSMC expands U.S. manufacturing with $12 billion chip fabrication plant
Last week, TSMC announced last week that is expanding its manufacturing footprint within the U.S. The new facility will be built in Arizona…
President Trump launches ‘Operation Warp Speed’ to find COVID-19 vaccine
President Trump announced “Operation Warp Speed” — a new initiative that is aimed at developing an effective COVID-19 vaccine …
Apple supplier TSMC to build multibillion-dollar chip plant in Arizona with Trump admin backing
In a potential realignment of global trade, TSMC is planning to build a multibillion-dollar chip plant in Arizona with Trump administration backing…
Trump administration lays the groundwork for quantum internet in the US
The Trump administration’s 2021 budget request contains $237 million in funding to support quantum information research. Quantum information science…
Trump Administration aims to send $2,000 to many Americans in coronavirus stimulus
Trump administration officials are working with congressional Republicans on an emergency stimulus package that could send a total of $2,000…
Trump administration plans to send all Americans money amid COVID-19 pandemic
On Tuesday, U.S. Treasury Secretary Steve Mnuchin said that the Trump administration plans to send money to Americans immediately…
Dow rebounds by 1,000 points as President Trump reportedly seeks $1 trillion coronavirus stimulus package
Stocks surged in volatile trading Tuesday as Wall Street cheered reports of White House coronavirus stimulus plans and new actions by the Fed…
U.S. postpones April 15 tax payments for 90 days for most Americans
In an unprecedented move, the U.S. government will postpone the April 15 deadline for tax payments for millions of individuals, giving Americans…
U.S. Apple Retail Stores closed ‘until further notice’
Apple’s retail stores are closed ‘until further notice,’ according to a notice posted on Apple.com on Tuesday. Last Friday, Apple announced…
Stocks surge as President Trump declares national emergency to speed U.S. coronavirus response
Stocks rallied Friday after President Trump said leaders of many large companies in the United States had agreed to help with widespread efforts to test…
Trump administration discusses coronavirus response with tech firms
Trump administration officials, including U.S. Chief Technology Officer Michael Kratsios who led the call, discussed the response to the coronavirus…
Trump administration to meet with Apple, others to discuss ways to control coronavirus outbreak
Trump administration officials will meet reps from Apple and other large tech companies on Wednesday to coordinate efforts over the coronavirus outbreak…
Trump administration got Apple Retail Stores into India
Apple CEO Tim Cook said that the Trump administration successfully lobbied the Indian government to get Apple Retail Stores into India …
Apple CEO Tim Cook signs statement urging the U.S. to stay in the Paris Agreement
Despite having a seemingly cordial relationship with President Trump, Apple CEO Tim Cook reiterated one grave area of disagreement on Monday…
Dow, S&P 500, and Nasdaq hit record highs after White House economic advisor Kudlow signals U.S.-China trade deal getting close
The Dow Jones Industrial Average hit a new record high today after the Trump administration’s National Economic Council director Larry Kudlow said…
Can Apple avoid U.S. import tariffs again?
Apple will soon face another big test in the Trump administration’s continuing trade war. With sales of its latest device lineup in full swing…
Made in America: Apple to build new, insanely powerful Mac Pro in Texas after securing tariff relief
As part of its commitment to US economic growth, Apple today confirmed that its newly redesigned Mac Pro will be manufactured in Austin, Texas. Apple CEO Tim Cook said, “We believe deeply in the power of American innovation. That’s why every Apple product is designed and engineered in the U.S.”
Apple CEO Tim Cook has met with President Trump five times in past year
Apple CEO Tim Cook has met with U.S. President Donald Trump at least five times over the past year…
Trump admin tariff threats spur exodus of manufacturers from China
Electronics makers are shifting manufacturing from China in order to side-step Trump administration tariffs…
Analyst: Apple has increased iPhone production in response to Huawei ban
To take advantage of the Huawei ban, Apple increased production of iPhones across the entire quarter that concludes at the end of June…
Apple iPhones, Macs, and other tech goods could account for proposed China tariffs of $167 billion
U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25% tariffs on Chinese goods…
Silicon Valley congressman: ‘It is embarrassing how technologically illiterate most members of Congress are’
The congressman is working on the framework of legislation that would offer sweeping data-privacy laws in the form of network neutrality, greater transparency in data-collection practices…
Analysts: China isn’t targeting Apple in trade war
Apple, Inc. has taken a beating in the month of May on concerns a breakdown in U.S. trade relations with China…
Companies like Apple that depend on rare earth metals have nowhere to turn, but China
China’s threat to clamp down on exports of rare-earth metals poses problems, because those exports account…
Huawei files legal motion seeking to declare a U.S. defense law unconstitutional
U.S. Secretary of State Mike Pompeo kept up the pressure on Huawei on Wednesday…
The phony boycott of Apple’s iPhone in China
According to a wide variety of analysts following Apple, the Trump Administration’s trade war with China…
Bloomberg: Apple and Nike brace for China’s wrath after Huawei ban
U.S. companies counting on China for a major part of their growth have targets on their backs…
Citi lowers Apple price target, claiming trade war will likely cut China sales in half
The U.S. trade war with China will further hurt iPhone sales…
Huawei founder says he would protest Chinese government retaliation against Apple
If that happens, I’ll be the first to protest
Huawei CEO and founder admits he buys iPhones for his family
Huawei CEO and founder Ren Zhengfei revealed he bought Apple iPhones for his family…
ARM cuts ties with Huawei after President Trump’s ban
ARM is complying with all of the latest regulations set forth by the U.S. government…
President Trump’s Huawei ban creates concern over Apple’s iPhone business in China
Last week, U.S. President Donald Trump effectively banned U.S. companies from working with Huawei…
Chinese diplomat tweets that Huawei ‘has cut Apple into pieces’ – from his Apple iPhone
China has reacted with uncharacteristic fury to what it deems a concerted U.S. attack…
Quantifying just how much the trade war could hurt Apple
The uptick in trade hostilities between Washington and Beijing could threaten Apple…
U.S. to offer temporary exemptions to Huawei export ban
The 90-day reprieve may be intended to help reboot U.S.-China trade talks…
