Business

Business

Future of CHIPS Act under Trump admin in question

President-elect Donald Trump met with Apple CEO Tim Cook, he announced at his ‘Make America Great Again Victory Rally’, saying the CEO is planning to make an investment in the U.S.A., following DAMAC and Softbank. The Biden administration has already awarded tens of billions of dollars under the bipartisan CHIPS …

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President Donald Trump touts energy plans in inaugural address

Forbes Chairman and editor-in-chief Steve Forbes previews Trump’s first 100 days in office. President Trump on Monday outlined his administration’s plans to take actions to support the energy industry and reduce inflation in his inaugural address to the nation. “I will direct all members of my Cabinet to marshal the vast …

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Costco Teamsters vote to authorize strike

Storch Advisors CEO and former Toys”R”Us and Target executive Gerald Storch reacts to a strong November retail report and explains how industry winners are ‘value-based’ players. Eighteen thousand Costco Teamsters are preparing to strike if a “fair contract offer” is not presented by the end of the month. Eighty-five percent …

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Trump evolves from backing TikTok ban to being seen as app’s savior

FOX Business’ Taylor Riggs joins ‘Fox & Friends First’ to discuss President-elect Trump’s relationship with Big Tech, potential investment plans and the first 100 days agenda. President-elect Donald Trump performed a years-long about-face on the Chinese-owned social media app TikTok, culminating with him being credited for saving the app on …

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