The Biden administration said its second grant under a new program would help Microchip Technology expand its facilities in Oregon and Colorado.
Category: Federal Aid (US)
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Biden Administration Chooses Military Supplier for First Chips Act Grant
The award, which will go to BAE Systems, is part of a new government program aimed at creating a more secure supply of semiconductors.
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Bidder Aims to Save Bankrupt Trucking Firm Yellow
The plan would put Yellow back on the road with thousands of unionized drivers, but would force the government to wait longer for a loan repayment.
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New Phase of Gateway Tunnel Project in Hudson River to Begin
Work on the long-delayed rail tunnel is set to speed up this month, as Senator Chuck Schumer announces an additional $3.8 billion in federal funding.
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A Push for Tech Hubs in Overlooked Places Picks 31 to Vie for Money
A new federal program will be a test of whether spreading funds outside of big cities will result in economic gains, or in inefficiencies.
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State and Local Governments Have Billions in Pandemic Aid Left to Spend
Two years after the federal government approved $350 billion in emergency funding for states and localities to respond to the public health crisis, much of the funds have not been used.
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Quebec Lures $5 Billion Battery Factory for Electric Cars
The Canadian government matched financial incentives available in the U.S. to attract the investment from Northvolt, a Swedish company.
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Defense Department Awards Chip Funding to Fuel Domestic Research
The $238 million in grants will set up eight research hubs, as a small slice of the federal money that will go to chip companies and research facilities in the coming months.
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Unions Fight in the States to Make Biden’s Climate Agenda Work for Workers
Labor leaders worry that some federal incentives for renewable energy do not come with strict standards on pay. In Maine, they added their own.
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Yellow’s Promise to Repay Federal Debt Provokes Skepticism
The trucking company, which has filed for bankruptcy protection, owes more than $700 million to the Treasury Department.
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Schumer Wields Political Heft in Bid for New York Chips Funds
The Senate majority leader helped deliver billions of dollars in federal funding for semiconductors. Now he’s pushing for his state to reap benefits.