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TSMC Gets $11.6 Billion in US Grants, Loans for Chip Plants

The US plans to award Taiwan Semiconductor Manufacturing Co. $6.6 billion in grants and as much as $5 billion in loans to help the world’s top chipmaker build factories in Arizona, expanding President Joe Biden’s effort to boost domestic production of critical technology.

By reilo Go To PostEveryone please clap for Fender his favorite stock is continuing to nosedive

Jennifer and James Crumbley, parents of Michigan school shooter, sentenced to 10 to 15 years for manslaughter

By reilo Go To Post

By Rob Go To PostIf parents can't show that they've taken steps to prevent their children from doing horrible shit, they should be treated as if they committed the crime.

By Rob Go To PostIf parents can't show that they've taken steps to prevent their children from doing horrible shit, they should be treated as if they committed the crime.

By Rob Go To PostIf parents can't show that they've taken steps to prevent their children from doing horrible shit, they should be treated as if they committed the crime.

Hamas says it doesn't have 40 living hostages needed for deal

At a multimillion-dollar fundraiser in Palm Beach, Florida, former President Donald J. Trump lamented the absence of immigrants from what he termed “nice” countries, specifically mentioning Switzerland and Denmark.

The rapid rise of generative A.I. — and its implications for how people will discover and consume news — has unsettled many media executives. Like them, Mr. VandeHei has spent the past year or so pondering how to respond.

Now he’s becoming one of the first news executives to adjust their company’s strategy because of A.I.

Mr. VandeHei says the only way for media companies to survive is to focus on delivering journalistic expertise, trusted content and in-person human connection. For Axios, that translates into more live events, a membership program centered on its star journalists and an expansion of its high-end subscription newsletters.

The company has also introduced a $1,000-a-year membership program around some of its journalists that will offer exclusive reporting, events and networking. The first one, announced last month, is focused on Eleanor Hawkins, who writes a weekly newsletter for communications professionals. Her newsletter will remain free, but paying subscribers will have access to additional news and data, as well as quarterly calls with Ms. Hawkins.

By You got 14 bricks right there? Go To PostWish they'd do that here

By 2011, Truong My Lan was a well-known business figure in Ho Chi Minh City, and she was allowed to arrange the merger of three smaller, cash-strapped banks into a larger entity: Saigon Commercial Bank.

Vietnamese law prohibits any individual from holding more than 5% of the shares in any bank. But prosecutors say that through hundreds of shell companies and people acting as her proxies, Truong My Lan actually owned more than 90% of Saigon Commercial.

They accused her of using that power to appoint her own people as managers, and then ordering them to approve hundreds of loans to the network of shell companies she controlled.

The amounts taken out are staggering. Her loans made up 93% of all the bank's lending.

By DiPro Go To Postare we going Wooden?

99% sure he meant sweden but whatever

Willets Point, a corner of Queens that has for decades been synonymous with auto repair shops and urban neglect, got the go-ahead Thursday for a lavish makeover, including a new soccer stadium and 2,500 units of affordable housing.

The City Council, by a 47-1 vote, approved the final phase of the redevelopment plan slated for a 62-acre tract alongside Citi Field.

“We’re building the largest, 100% affordable housing development New York has seen in over 40 years,” said Queens Councilmember Francisco Moya, who has championed the project, which he called a “once in a lifetime chance to build a new neighborhood, forever changing the map of our city.”

Jennifer O’Sullivan, the chief operating officer for the New York City Football Club, noted that the 25,000-seat, $780 million stadium would be privately financed and “100% union-built,” and said the plan is for it to open in time for the 2027 season.