Sunday, December 22

Tag: Texas

US to grant Samsung up to $6.4 billion for chip plants
15Apr By adminNo Comments
Business

US to grant Samsung up to $6.4 billion for chip plants

WASHINGTON: The United States on Monday announced grants of up to $6.4 billion to South Korean semiconductor giant Samsung to produce cutting-edge chips in Texas.The award is the latest from the US government as it looks to revive the country's chip manufacturing industry, especially high-end semiconductors.President Joe Biden's administration has previously approved billions in grants to US titan Intel and Taiwan's TSMC, as it tries to avoid the prospect of shortages of semiconductors -- the lifeblood of the modern global economy."The U.S. Department of Commerce and Samsung Electronics (Samsung) have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $6.4 billion in direct funding under the CHIPS and Science Act," said a statement published by the Department of C...
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The solar eclipse could deliver a $6 billion economic boom: “The whole community is sold out”
6Apr By adminNo Comments
Money

The solar eclipse could deliver a $6 billion economic boom: “The whole community is sold out”

Steve Wright said he first heard about the total eclipse on April 8 four years ago, when a visitor booked the first room for the event at Vermont's Jay Peak Resort. Wright, the resort's general manager, said he soon started hearing rumblings from other ski areas. "They said, 'The hype is real'," he recalled, adding that he's never seen anything quite like the visitor excitement over the eclipse.That early prediction turned out to be prescient, with Wright noting that all of Jay Peak's 900 rooms have been fully booked for April 7 — at a cost of about $500 per night — for a year and a half. By comparison, the resort had roughly 80 bookings on the same day last year. Roughly 800 rooms are booked for April 8, the day of the eclipse.  Indeed, tourists are ge...
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Kelsea Ballerini talks hosting CMT Awards, why she loves writing sad songs
5Apr By adminNo Comments
Entertainment

Kelsea Ballerini talks hosting CMT Awards, why she loves writing sad songs

Kelsea Ballerini talks hosting CMT Awards, why she loves writing sad songs - CBS News Watch CBS News Kelsea Ballerini, whose 2014 debut single "Love Me Like You Mean It" catapulted her to stardom, is set to charm the country music world once again at this Sunday's CMT Music Awards. Not only will she perform a re-imagined version of the breakout hit, but she will also take on hosting duties solo for the first time. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On
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Bird flu detected in chickens in at least two states
4Apr By adminNo Comments
Money

Bird flu detected in chickens in at least two states

Bird flu detected in chickens in at least two states - CBS News Watch CBS News Bird flu has been detected at poultry and egg farms in Texas and Michigan. Omar Villafranca explains how this could impact prices at the grocery store. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On
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Largest fresh egg producer in U.S. finds bird flu in chickens at Texas and Michigan plants
3Apr By adminNo Comments
Money

Largest fresh egg producer in U.S. finds bird flu in chickens at Texas and Michigan plants

The largest producer of fresh eggs in the U.S. said Tuesday it had temporarily halted production at a Texas plant after bird flu was found in chickens, and officials said the virus had also been detected at a poultry facility in Michigan.In Texas, Ridgeland, Mississippi-based Cal-Maine Foods, Inc. said in a statement that approximately 1.6 million laying hens and 337,000 pullets, about 3.6% of its total flock, were destroyed after the infection, avian influenza, was found at the facility in Parmer County, Texas.The plant is on the Texas-New Mexico border in the Texas Panhandle about 85 miles southwest of Amarillo and about 370 miles northwest of Dallas. "The Company continues to work closely with federal, state and local government officials and focused...
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Rare human case of bird flu contracted in Texas following contact with dairy cattle
2Apr By adminNo Comments
Health

Rare human case of bird flu contracted in Texas following contact with dairy cattle

A rare human case of bird flu has been reported in Texas, after a person come into contact with cattle suspected of being infected. The announcement comes days after federal agencies said the virus had spread to dairy cattle across multiple states, including Texas. The Texas Department of State Health Services said the patient's only experienced symptom was eye inflammation. The person, who has remained unnamed, was tested late last week and the Centers for Disease Control and Prevention confirmed the results over the weekend. The person is now being treated with the antiviral medication oseltamivir, which according to the Mayo Clinic can be used to treat influenza A and B, as well as the swine flu. Human cases of bird flu, otherwise known as H5N1, are known to produce a range of symptoms...
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The Welfare-Industrial Complex Is Booming
31Dec By adminNo Comments
Business

The Welfare-Industrial Complex Is Booming

Dec. 31, 2023 11:23 am ETDrill into the nation’s 3.7% unemployment rate, and you’ll find a growing welfare-industrial complex beneath the seemingly strong labor market. Government, social assistance and healthcare account for 56% of the 2.8 million net new jobs over the past year, and for nearly all gains in blue states such as New York and Illinois.The tens of thousands of migrants pouring into big cities need to be tended to. So do the hundreds of thousands of drug-addled and mentally ill homeless living on the streets. Progressive government doesn’t do anything on the cheap. America’s welfare state has thus become a proverbial Big Dig, and it keeps getting bigger.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Surge of Migrants Heading North Has Chicago, New York at a ‘Breaking Point’
30Dec By adminNo Comments
World

Surge of Migrants Heading North Has Chicago, New York at a ‘Breaking Point’

The mayors of New York, Chicago and Denver said a nonending flow of migrants arriving from the southern border has pushed their cities to the breaking point heading into the New Year, as border crossings swell and Texas Gov. Greg Abbott keeps finding new ways to torment his Democratic rivals.Abbott, a Republican who began sending migrants on buses to other states in spring 2022, doubled down on the strategy in recent weeks. He sent his first planeloads of migrants to Chicago and New York in part to flout regulations on where and when bus operators can drop off the migrants.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Trane Technologies Subsidiaries to Remain in Texas Two-Step Bankruptcies
29Dec By adminNo Comments
World

Trane Technologies Subsidiaries to Remain in Texas Two-Step Bankruptcies

Dec. 29, 2023 2:04 pm ET|WSJ ProA bankruptcy judge is allowing U.S. affiliates of Irish air conditioning manufacturer Trane Technologies to remain in bankruptcy, denying a request from asbestos-injury claimants to dismiss the cases created through a controversial strategy known as the Texas Two-Step. Judge J. Craig Whitley of the U.S. Bankruptcy Court in Charlotte, N.C. issued his decision Thursday, rejecting the request to dismiss the chapter 11 cases. Trane placed subsidiaries Aldrich Pump and Murray Boiler under bankruptcy in June 2020 to handle about 90,000 asbestos-related lawsuits. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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