Intel, Trump
Digest more
President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal completed just a couple weeks after he depicted the company’
Intel shares were up about 6% on the day, adding to earlier gains after reports that President Trump is set to announce the U.S. government is taking a nearly 10% stake in troubled chipmaker. The investment would cap a two-week frenzy in Washington over the future of the company.
Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by a Republican administration.”
15hon MSN
Hegseth fires general whose agency’s intel assessment of damage from Iran strikes angered Trump
Defense Secretary Pete Hegseth has fired a general whose agency’s initial intelligence assessment of U.S. damage to Iran nuclear sites angered President Donald Trump.