U.S. Buys Nearly 10% of Intel: A Big Step Into Tech A move that feels straight out of a business drama, the U.S. government has bought a 9.9% stake in Intel. That’s right—the government is no longer just cheering from the sidelines; it’s now part-owner of one of America’s biggest tech companies. Why? Because chips—the…
Canada Launches Major Projects Office to Accelerate Energy Infrastructure and Investment The Canadian federal government has launched a new Major Projects Office. The company appointed energy veteran Dawn Farrell as CEO. This strategic move aims to fast-track infrastructure development in oil, gas, and liquefied natural gas (LNG). This will also unlock over $100 billion in…
Maryland’s governor blasts Trump for ‘scare tactics’ on crime Trump Threatens National Guard Deployment in Baltimore The war of words between Donald Trump and Maryland Governor Wes Moore reached a new level Sunday, with Trump threatening to send National Guard troops into Baltimore to combat crime, while Moore pushed back, accusing the president of recycling…
Sweeping Federal Layoffs Hit U.S. Agencies The news of sweeping federal workforce layoffs has sent shockwaves through Washington and beyond, leaving thousands of government employees uncertain about their future. These job cuts, which span multiple agencies, are not just numbers on a chart—they represent real people, families, and communities now grappling with sudden instability. Supporters…
Get ready for a professional services showdown! The Defense Threat Reduction Agency (DTRA) has selected six companies for its potential 10-year, $3.5 billion Cooperative Threat Reduction contract, officially kicking off a massive task order competition. This isn’t your average award where winners simply get a static piece of the pie. Instead, they’ve merely earned the…
US to take 10% equity stake in Intel, in Trump’s latest corporate move Washington just went from regulator to shareholder. On Friday, President Donald Trump announced that the U.S. government will take a 9.9% stake in Intel, scooping up shares at a discount as part of a deal that flips billions in federal grants into…
The U.S. Relies on Russian-Enriched Uranium for Power and Navy For decades, the U.S. has been quietly powering its grid and even its Navy thanks to uranium enriched in Russia. Yep, since 1993, billions of American dollars have gone straight to Moscow’s state-run nuclear energy company. That enriched uranium currently helps keep 54 U.S. nuclear…
U.S. Services Sector Shows No Growth The U.S. services sector, a critical engine of the economy, showed no growth in July, raising concerns about the strength of consumer demand and business momentum. For months, services—from restaurants and hotels to healthcare and transportation—have been driving the recovery, while manufacturing has slowed. However, with the latest data…
A significant development for federal contractor compliance, the Office of Federal Contract Compliance Programs (OFCCP) has canceled its planned reduction in force. This decision ensures the continuity of critical oversight and represents a major commitment to upholding federal contractor compliance standards. The National Council of Field Labor Locals has confirmed that employees previously slated for…
Amphenol Corp. will acquire Boston-based Trexon in a $1 billion cash deal, strengthening its defense and harsh environment interconnect portfolio. The acquisition is expected to close in Q4 2025, adding about $290 million in annual sales and boosting earnings in the first year. WALLINGFORD, Conn. – Amphenol Corp. (NYSE: APH) announced Monday it has entered…