US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building ...

Historically, the U.S. government has stepped in to rescue a slumping industry. But being a major company’s owner feels like an overreach to us. Or at least an exercise in ...

At least two large law firms that struck deals with President Donald Trump to avoid punitive executive orders have committed to doing free legal work for the Commerce Department, according to two ...

After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound comes with a worrying side effect: a valuation so high its most ...

Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.

US Secretary of Commerce Howard Lutnick recently stated in interviews that the government should not only offer free subsidies but also acquire non-voting stakes to safeguard American taxpayers' ...

The US government is reportedly to take another step to distort business operations as the White House confirmed on Tuesday ...

President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...

The Trump administration is considering taking a stake in Oregon’s largest private employer before sending already promised federal funding.

"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...

Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire ...