VENTURE CAPITAL POST

The Biden administration has agreed to pay $6.1 billion in government funding for Micron Technology to produce advanced memory computer chips in New York and Idaho.

US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.

This milestone aligns with President Biden's goal to make the US power grid carbon pollution-free by 2035, a key initiative in combating climate change and securing energy resources.

The White House has revealed that the number of small business applications in the United States has exceeded 17 million since President Joe Biden assumed office.

Biden's administration allocates $830 million to safeguard American infrastructure against climate-driven extreme weather, supporting 80 projects nationwide as part of the Bipartisan Infrastructure Law.

The United Steelworkers union stands against the acquisition, citing potential threats to American jobs.

Biden's National Labor Relations Board's top lawyer vows to resist legal challenges from corporate giants like Amazon, Starbucks, and SpaceX, accusing them of retaliating against the agency's efforts to hold them accountable for violating workers' rights.

The Biden administration has enacted the first-ever nationwide restrictions on toxic PFAS in drinking water, requiring water utilities to reduce PFAS levels to the lowest measurable amount to address serious health risks.

The EPA's new rule, supported by President Biden, mandates over 200 chemical plants to cut cancer-causing emissions, prioritizing environmental justice, particularly in communities near New Orleans.

President Biden's updated initiatives for his student debt relief program will provide financial relief to over 30 million borrowers by canceling interest, nullifying debt for eligible individuals, and granting relief of at least $5,000 to millions more.

The US Commerce Department allocated $11.6 billion to TSMC, aiding chip production in Arizona as part of the CHIPS and Science Act. TSMC's total investment in the US reached $65 billion, including plans for a third fabrication plant.

President Joe Biden will reveal the plan on Monday in Madison, Wisconsin, which is where the main campus of the University of Wisconsin is located.

The Biden administration has approved the transfer of thousands more bombs to Israel despite global outrage over the killing of seven aid workers from the charity group World Central Kitchen by Israeli airstrike in Gaza.

A federal Biden Administration cybersecurity group report criticizes Microsoft for security lapses enabling a Chinese cyber intrusion into senior US officials' email accounts.

President Joe Biden and Senator Bernie Sanders joined forces on Wednesday to promote lower health care costs, including inhalers.