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Dec 05 2023
Another proposed airline buyout is renewing debate over whether there has been too much consolidation in the industry – and whether consumers are paying the price. The Biden administration has taken a tough stance against mergers, and it is certain to take a close look at Alaska Air Group’s proposed acquisition of Hawaiian Airlines for $1 billion in cash. The deal is smaller than the mergersChristian Science Monitor
Dec 08 2023
WASHINGTON, D.C. — President Joe Biden's administration has announced more than $143.6 million in new funding for the national rail network in Pennsylvania. According to a U.S. Department of Transportation press release, Friday morning's announcement comes as part of a $8.2 billion Federal Railroad Administration (FRA) initiative consisting of 10 rail projects across 9 states identified as "WFMZ 69
Dec 06 2023
The Biden administration on Wednesday announced an additional $4.8 billion in student loan debt relief, affecting more than 80,000 borrowers.
The announcement brings the total approved debt cancelation by the Biden administration to nearly $132 billion for more than 3.6 million Americans.
"Before President Biden took office, it was virtually impossible for eligible borrowers toFox Business
Dec 08 2023
Las Vegas, Nevada — President Biden on Friday is announcing $8.2 billion in new funding for 10 passenger rail projects nationwide, representing the largest federal investment in passenger rail transportation since Amtrak was created in 1971. Mr. Biden's trip to Nevada was originally planned to highlight the $3 billion federal investment in the high-speed rail line from Las Vegas to the greaterCBS News (Online)
Dec 07 2023
The Biden administration on Thursday opened the door to seizing the patents of certain costly medications from drugmakers in a new push to slash high drug prices and promote more pharmaceutical competition.
The administration unveiled a framework outlining the factors federal agencies should consider in deciding whether to use a controversial policy, known as march-in rights, to takeCNBC
Dec 03 2023
The Biden administration announced Saturday it is sending $3 billion in U.S. taxpayer funds to the U.N.’s flagship Green Climate Fund (GCF) in a move applauded by Special Presidential Envoy for Climate John Kerry. Vice President Kamala Harris announced the cash splash as part of a series of a series of U.S. climate initiatives aired at the COP28 climate conference now underway in Dubai. “WeBreitbart News
Nov 22 2023
President Joe Biden celebrated the Wednesday deal brokered between Israel and Hamas for a temporary ceasefire and prisoner exchange. The United States and Qatar served as key negotiators throughout the process, which resulted in a temporary ceasefire of at least four days in exchange for the release of 50 prisoners taken hostage by Hamas in its Oct. 7 attack. BIDEN MIGHT BE DEMOCRATS' BIGGESTWashington Examiner
Dec 02 2023
The Biden administration on Saturday announced new regulations that are expected to deliver significant cuts to the greenhouse gas methane in the oil and gas sector.
The rule, finalized by the Environmental Protection Agency (EPA), tees up emissions reductions for both new oil and wells and, for the first time, existing oil and gas wells.
An EPA press release said the rule isThe Hill
Nov 13 2023
Members of the Biden administration and Gov. Wes Moore convened at a Baltimore school Monday morning to make a major jobs announcement.In May, the White House named Baltimore one of its five nationwide "workforce hubs," with the goal of boosting the city's workforce.On Monday, administration officials came to Baltimore to announce that they are committing to train and hire thousands of localWBAL 11
Dec 01 2023
The Biden administration announced Friday that it will bar any electric vehicles from qualifying for subsidies if their batteries are made in China or with Chinese materials, a provision that extends to any companies worldwide that are under Beijing's sway.
The standard is aimed at shoring up domestic manufacturing and moving the supply chain for electric vehicles away from China.Washington Examiner