Author: potus

U.S. President Donald Trump announced on April 4 that he would again postpone enforcement of a law banning TikTok unless its Chinese owner ByteDance divests from the platform. Vcg | Visual China Group | Getty ImagesU.S. President Donald Trump told Fox News in an interview aired on Sunday that he has a group of “very wealthy people” ready to buy TikTok, whose identities he can reveal in about two weeks.Trump added that the deal will probably need Beijing’s approval to move forward, but said “I think President Xi will probably do it,” in reference to China’s leader Xi Jinping.The president…

China Solar in Shanxi Province Gilles Sabrié for The New York Times J. Emilio Flores for The New York TimesIn China, more wind turbines and solar panels were installed last year than in the rest of the world combined. And China’s clean energy boom is going global. Chinese companies are building electric vehicle and battery factories in Brazil, Thailand, Morocco, Hungary and beyond.At the same time, in the United States, President Trump is pressing Japan and South Korea to invest “trillions of dollars” in a project to ship natural gas to Asia. And General Motors just killed plans to make…

NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025.Mustafa Yalcin | Anadolu | Getty ImagesInsiders at artificial intelligence chipmaker Nvidia have dumped more than $1 billion in stock over the last year, according to a report from the Financial Times.About $500 million worth of sales occurred over the last month as the market notched new highs and shook off geopolitical tensions that had rattled…

WASHINGTON (AP) — The changes made to President Donald Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load while resulting in even steeper losses in health care coverage, the nonpartisan Congressional Budget Office said in a new analysis, adding to the challenges for Republicans as they try to muscle the bill to passage. The CBO estimates the Senate bill would increase the deficit by nearly $3.3 trillion from 2025 to 2034, a nearly $1 trillion increase over the House-passed bill, which CBO has projected would add $2.4 to the debt over a decade.The analysis…

CEO of Tesla Motors Elon Musk waves after ringing the opening bell at the NASDAQ market in celebration of his company’s initial public offering in New York June 29, 2010.Brendan McDermid | ReutersAt the time of Tesla’s IPO 15 years ago, the company had generated roughly $150 million in revenue in its lifetime. That came almost entirely from the Roadster, a two-seat electric sportscar that boasted a range of 236 miles on a single charge.The Model S sedan was still in the lab, two years away from hitting the market.”The Model S, which is planned to compete in the premium…

(The Center Square) – Improvements in the budget reconciliation bill, the North Carolina senator ultimately decided, were not satisfactory to “pass the president’s agenda” as he said one month ago. U.S. Sen. Thom Tillis, R-N.C. Renee Bouchard, U.S. Senate Photographic Services | Tillis.Senate.gov U.S. Sen. Thom Tillis, R-N.C., was one of two votes from his party late Saturday night against passage of the One Big Beautiful Bill Act. House Resolution 1, he said, had tens of billions of dollars in lost funding for North Carolina hospitals and rural communities.“This will force the state to make painful decisions like eliminating Medicaid…

WASHINGTON (AP) — Capping a tumultuous night, the Republican-controlled Senate advanced President Donald Trump’s package of tax breaks, spending cuts and increased deportation money, with more weekend work ahead as Congress races to meet his Fourth of July deadline for passage.By a 51-49 tally and with Vice President JD Vance at the Capitol to break a potential tie, the Senate cleared a key procedural step Saturday as midnight approached. Voting had come to a standstill, dragging for more than three hours, with holdout senators huddling for negotiations and taking private meetings off the Senate floor. In the end, two Republicans…

France views Eutelsat as a strategic asset in the EU’s push for technological sovereignty.Benoit Tessier | AFP via Getty ImagesFor years, France’s Eutelsat has been trying to build a European alternative to Elon Musk’s Starlink satellite broadband service.The company merged with British satellite venture OneWeb in 2023, consolidating the region’s satellite communications industry in an effort to catch up to Starlink, which is owned by SpaceX.Last week, the French state led a 1.35-billion-euro ($1.58 billion) investment in Eutelsat, making it the company’s biggest shareholder with a roughly 30% stake.Europe largely lags behind the U.S. in the global space race. Starlink’s…

Mandonna “Donna” Kashanian lived in the United States for 47 years, married a U.S. citizen and raised their daughter. She was gardening in the yard of her New Orleans home when U.S. Immigration and Customs Enforcement officers handcuffed and took her away, her family said. Kashanian arrived in 1978 on a student visa and applied for asylum, fearing retaliation for her father’s support of the U.S.-backed shah. She lost her bid, but she was allowied to remain with her husband and child if she checked in regularly with immigration officials, her husband and daughter said. She complied, once checking in…

A Tesla logo outside the company’s Tilburg Factory and Delivery Center.Karol Serewis | Getty ImagesTesla CEO Elon Musk said the automaker completed its first driverless delivery of a new car to a customer, routing a Model Y SUV from the company’s Austin, Texas, Gigafactory to an apartment building in the area on June 27.The Tesla account on social network X, which is also owned by Musk, shared a video overnight showing the Model Y traversing public roads in Austin, including highways, with no human in the driver’s seat or front passenger seat of the car.Tesla did not say which version…