U.S. President Donald Trump’s plan to take government equity stakes in strategic industries doesn’t apply to major defense firms, the head of Boeing’s defense unit said on Saturday, in contrast to previous comments by a senior government official. The government wants industry to make investments in facilities, and large contractors are expected be able to
A large-scale Russian drone and missile attack damaged power facilities in eight Ukrainian regions, causing blackouts and forcing nuclear power plants to cut power output, officials and the International Atomic Energy Agency (IAEA) said on Saturday. Russia has intensified its attacks on Ukraine’s energy sector and infrastructure in recent weeks, targeting power stations and railway
The Somali-tied welfare fraud scheme in Minnesota is likely far worse than the American people think, involving “complicit” state government officials and totaling far more stolen money than original early estimates stated, according to Homeland Security Advisor Stephen Miller. Billions of taxpayer dollars have been stolen from the state, and much of the welfare fraud
SpaceX has informed investors and representatives of financial institutions that it plans to pursue an initial public offering in the second half of next year, the Information reported on Friday, citing two people familiar with the discussions. The rocket-maker, founded by Elon Musk, is considering a public listing of the entire company, including Starlink, its
The Centers for Disease Control and Prevention’s (CDC) vaccine panel recommended this week that the hepatitis B immunization should not be given to all babies immediately after birth. The decision was fully supported by President Donald Trump, who then took the issue one step further, signing a memorandum to “fast track” a full evaluation of
Australia will soon become the first nation to ban children under 16 from creating accounts on many social media platforms, but the law is already facing criticism as some platforms will be excluded. Beginning on Wednesday, December 10, Australia will require social media platforms, including Instagram, Facebook, TikTok, and YouTube, to take “reasonable steps” to
A new lawsuit aims to end the government’s practice of assuming that people of certain races are “socially disadvantaged” and entitled to special benefits. The case was brought on behalf of Revier Technologies, an artificial intelligence company that was denied a “Small Business Credit Initiative” subsidy because its owner, Matthew Schultheis, is white, and Young
Foreign Affairs Did Britain’s Chancellor Lie About Her Monster Budget? Quibbles about rhetoric distract from the radicalism of the tax and welfare hikes. UK Special Coverage (Photo by Henry NICHOLLS / AFP via Getty Images) British politicians rarely lie. Even Boris Johnson’s notorious claim on the red Brexit bus in 2016 that Britain sends £350
A recent article in The New York Times puzzles over the bad news at the Hollywood box office. An occasional hit like “Wicked: For the Good” may keep the industry afloat, but for the most part, no one’s going to the theater. “25 Movies, Many Stars, 0 Hits: Hollywood Falls to New Lows,” says the
Politics Trump’s New National Security Strategy Is Refreshing, Troubling, and Odd The long-awaited document is a mixed bag. (Photo by ANDREW CABALLERO-REYNOLDS / AFP via Getty Images) After months of internal debate and numerous rounds of revisions, the Trump administration’s National Security Strategy is finally out. The 29-page document is designed to provide the American
