Tag: Breaking News: Politics
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AeroVironment skyrockets 21% as dronemaker capitalizes on defense spending surge
AeroVironment is benefiting from U.S. plans to modernize the U.S. military and secure space.
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White House AI crackdown opens door for Chinese model makers to close gap
The Trump administration’s crackdown on Anthropic’s leading artificial intelligence models is looking like a gift to China.
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Oil prices set for steep monthly drop as Trump, Iran issue mixed messages on talks in Qatar
The moves come as oil traders monitor the prospect of U.S.-Iran talks in Doha on Tuesday.
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Indonesia jails former education minister for 10 years in Google Chromebook graft case
Makarim was found guilty in a case over the procurement of Google Chromebooks for schools
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AeroVironment soars 19% on earnings beat, backlog grows to $1.2 billion
Dronemaker AeroVironment’s autonomous system revenue beat expectations by $90 million and its backlog continued to grow.
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Lobbying push to nix Pentagon defense contractor share buyback ban heats up
Defense companies and their trade groups are pressing Congress against writing a requirement that the Pentagon approve stock buybacks into law.
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Supreme Court rulings on Fed, FTC: What they mean for consumers
The Supreme Court issued a pair of highly anticipated rulings on Monday that have far-reaching implications for household finances.
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Eli Lilly, Regeneron among first companies selected for FDA initiative to speed review of new manufacturing facilities
Eli Lilly and Regeneron are among the first seven companies the FDA has selected for its PreCheck Pilot Program, CNBC has learned.
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Supreme Court allows Trump to fire FTC member, major win for presidential power
The ruling allowing President Donald Trump to fire FTC Commissioner Rebecca Slaughter overturns a key precedent known as “Humphrey’s Executor.”
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Supreme Court rules Trump cannot fire Fed Governor Lisa Cook for now
The ruling by the Supreme Court means that Lisa Cook will remain as a Federal Reserve governor as her lawsuit challenging Trump’s effort to fire her proceeds.
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