Author: IA PressRoom

The U.S. government has given Chinese and Russian entities at least $1.3 billion for various research programs over the past five years, according to an analysis released Wednesday by Republican Iowa Sen. Joni Ernst and watchdog group Open the Books.The analysis revealed that millions of taxpayer dollars have been given to, among others, a Chinese software developer for military tech support, a Russian health insurance provider that has since been sanctioned and Chinese agriculture companies. And it showed the federal government gave $2 million, more than previously reported, to the Chinese state-run Wuhan lab studying bat coronaviruses.”Washington’s continued spending is…

Ever feel like your world has turned upside down — and not in a good way — after eating out? The Centers for Disease Control and Prevention has cast some light on why customers get food poisoning, aside from unhygienic practices in the kitchen. Some 40% of foodborne outbreaks at restaurants and eateries were linked to food contamination by an ill or infectious worker, according to a new report by the CDC.  And…

The White House took a swipe at Tara Reade after the former Biden Senate aide moved to Russia. Reade previously accused Biden of assaulting her in the 1990s, a charge he has repeatedly denied. Reade told a Russian-state news outlet that she feels safer there now. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app The White House took a swipe at Tara Reade on Tuesday, casting aspersions on the former Senate aide who previously accused President Joe Biden of sexual assault for her move…

Franklin Templeton has agreed to buy rival Putnam Investments for more than $1bn as the California-based asset manager continues its expansion into alternative products and retirement plans.Franklin will pay Putnam’s owner, Great-West Lifeco, $925mn in cash and shares up front and up to $375mn more over the next seven years if revenue targets are reached. The deal gives the Canadian insurer a 6.2 per cent stake in Franklin.The deal is the latest in a number of transactions engineered by Franklin chief executive Jenny Johnson as she seeks to reinvent the family-run firm from a traditional stockpicker to a multi-class asset…

© Reuters. FILE PHOTO: President Joe Biden shakes hands with House Speaker Kevin McCarthy of Calif., after the State of the Union address to a joint session of Congress at the Capitol, Tuesday, Feb. 7, 2023, in Washington. Jacquelyn Martin/Pool via REUTERS By David Morgan, Richard Cowan and Moira Warburton WASHINGTON (Reuters) -The U.S. House of Representatives is due to vote on Wednesday on a bill to lift the government’s $31.4 trillion debt ceiling, a critical step to avoid a destabilizing default that could come early next week without congressional action. Republicans control the House by a narrow 222-213 majority,…

© Reuters. FILE PHOTO: The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo (Reuters) – Toyota Motor (NYSE:) Corp said on Wednesday it will invest $2.1 billion more in its new U.S. battery plant in North Carolina, as the Japanese automaker deepens efforts to tap rising demand for electric vehicles. The automaker also said its first U.S.-made battery electric sports utility vehicles (SUVs) will be assembled at the company’s Kentucky plant from 2025. The new SUVs, with three rows of seats, will be…

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.While multiple meme coins are coming up and offering huge returns to investors, Mooky aims to reward investors while conducting good deeds to help the environment. This community-driven cryptocurrency project will give back to charities by raising funds through $MOOK, the native token. In this article, we will discuss the key features of the Mooky project and the details of the ongoing $MOOK presale. From the tokenomics of this cryptocurrency project to the exclusive decentralized autonomous organization (DAO), we will…

CNN  —  The House of Representatives is on track to vote Wednesday on a bill to suspend the nation’s debt limit through January 1, 2025, as lawmakers race to prevent a catastrophic default. If the House passes the bill as expected, it would next need to be passed by the Senate before it can be sent to President Joe Biden to be signed into law. In the Senate, any one lawmaker can delay a swift vote and Senate Majority Leader Chuck Schumer has told lawmakers to prepare for the possibility of votes Friday or over the weekend. The timeframe to…

Thinglass/iStock Editorial via Getty Images HP (HPQ) was 4.9% lower at midday Wednesday after quarterly revenues missed expectations amid another slump in personal computer sales, and analysts largely maintained their downbeat views in reaction. The company topped profit expectations, but its revenues slipped nearly 22% to $12.91B, missing consensus. While net revenue in the Printing division fell 5% to $4.7B, Personal Systems felt the pain — down 29% to $8.2B. Of that, consumer personal systems revenues fell 39%, vs. commercial personal systems revenue drop of 24%. In unit terms, total units fell 28% (consumer down 34%, commercial down 23%). Barclays…

Some companies have a selective definition of “long-term” when an activist shows up getty Given how cynically some companies use the prefix “long-term” when seeking to defend their track records (e.g., some permutation of “Even though our operating results and stock price performance have been unsatisfactory, our company and its board of directors remain focused on delivering long-term value”), it would be helpful to understand how these companies actually define “long-term” and whether such definition takes into consideration the time that has already been spent by the companies’ directors in their quest to deliver long-term value. More often than not,…