Commerce Secretary Howard Lutnick has signaled he could withhold promised Chips Act grants as he pushes for companies in line for federal semiconductor subsidies to substantially expand their US proj… [+574 chars]
US Chip Grants In Limbo as Lutnick Pushes for Bigger Investments - Bloomberg.com
Commerce Secretary Howard Lutnick has signaled he could withhold promised Chips Act grants as he pushes for companies in line for federal semiconductor subsidies to substantially expand their US projects, according to eight people familiar with the matter.
By:Mackenzie Hawkins, Ian King
Source:Bloomberg
Published:
Related News
S&P 500 rises to record high, led by gains in tech: Live updates - CNBC
More than 90 S&P 500 companies are slated to report quarterly results this week.
CNBC•Sean Conlon, Pia Singh
Stock Market Today: Dow Slides As Nasdaq Leads; This Auto Giant Makes History (Live Coverage) - Investor's Business Daily
Stock Market Today: The Dow Jones index falls Tuesday as UnitedHealth stock slides. An auto stock hit a high and a social media name falls.
Investor's Business Daily
Former Citi exec alleges sexual harassment by wealth chief - American Banker
Julia Carreon is suing the bank, alleging she suffered race and sex discrimination, including sexual harassment by Andy Sieg, the bank's head of wealth management.
American Banker•Allissa Kline