President Joe Biden is pressing lawmakers to release $10 billion in new COVID funding while potentially half of the two billion COVID-19 vaccines the United States has bought have been unused.
JetBlue Airways said Tuesday it made an unsolicited $3.6 billion bid for Spirit Airlines, potentially snarling merger plans between the ultra-low-cost carrier and Frontier Group Holdings.
A U.S. Navy veteran who was jailed in Iran for nearly two years sued the Iranian government on Thursday for $1 billion, alleging that he was kidnapped, held hostage and tortured.The federal lawsuit describes in…
House Speaker Nancy Pelosi, D-Calif., told reporters on Thursday at the Capitol that she advised the Biden administration to ask Congress for double what it originally asked in emergency COVID-19 relief — close to $45 billion, The Hill reported.
The U.S. Senate voted 79-19 on Tuesday to provide the Postal Service (USPS) with about $50 billion in financial relief over a decade and requiring future retirees to enroll in a government health insurance plan.
Senate Republican leader Mitch McConnell said on Tuesday that lawmakers will consider $14 billion in aid to Ukraine as part of sweeping legislation that would also fund the federal government and address the COVID-19 pandemic.
China is raising its defense spending in 2022 by 7.1% to $229 billion, up from a 6.8% increase the year before. Saturday’s announcement marks a continuation of the robust spending that has given China an…
The Bureau of Alcohol, Tobacco, and Firearms is keeping a digital database of 54.7-million-gun records collected from shops throughout the country that went out of business, potentially illegally, according to Rep. Mike Cloud, R-Texas, on…
Senate Majority Leader Chuck Schumer, D-N.Y., is calling for at least $1.5 billion in additional federal funding for New York’s interstate task force to remove illegal guns from the streets, the New York Post reports.
A Department of Commerce report on supply chain issues regarding American semiconductors has found ”a major supply and demand mismatch,” and Commerce Secretary Gina Raimondo has called for ”extremely urgent” legislation to address the crisis.
Former President Donald Trump’s new social media venture Trump Media & Technology Group and Digital World Acquisition Corp. said it has entered into subscription agreements to raise about $1 billion from a group of investors.
Electric vehicle company Tesla will spend at least $1.06 billion on a new “Gigafactory” in Austin, Texas, CNBC reported on Tuesday…
State and local governments distributed nearly $2.8 billion in Emergency Rental Assistance program funds in September, up from about $2.6 billion in August and bringing the year-to-date total to $10.3 billion, the U.S. Treasury said…
The center of gravity for U.S. auto manufacturing is moving south, with electric vehicle and battery makers planning to spend nearly $24 billion in new factories from Arizona to Georgia.
Walt Disney Co’s ESPN is looking to license its brand to major sports-betting companies for at least $3 billion over several years to take advantage of the booming online betting industry, the Wall Street Journal…