Author: potus

U.S. Treasury Secretary Scott Bessent leaves on his way back to the U.S., while trade talks between the U.S. and China continue, in London, Britain, June 10, 2025. Toby Melville | ReutersU.S. Treasury Secretary Scott Bessent said Tuesday he is departing ongoing trade talks with China because he has to travel to Washington, D.C., to testify before Congress the next day.Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer will remain in London to continue the negotiations with Beijing, which are still underway after two lengthy days of talks, Bessent said.Lutnick said earlier that the parties were “trying to…

(The Center Square) – The Pennsylvania House took a wide bipartisan swipe at the private equity firms who have widened their impact on the state’s most basic necessities.With bills intended to help ongoing crises in healthcare and housing, the legislature is signaling an appetite for a much shorter lead on the firms who have drained the system in service of investor profit.“To say that they’re businesses is too kind,” said Majority Leader Rep. Matt Bradford, D-Norristown.House Bill 1460 responds to the devastating closure of Crozer-Chester Medical Center and Taylor Hospital in Delaware County, which has led to dangerously long travel…

(The Center Square) – Health care industry leaders in Washington state are growing concerned about price controls on providers and increased taxes on physician groups and hospitals, which could lead to further increased costs and a lack of consumer access.At a June 3 meeting of the Health Care Cost Transparency Board, several industry officials made it clear that some recently passed state legislation may be undermining the board’s goal of controlling health care costs.Significant increases to the business and occupation tax enacted through House Bill 2081 were cited, which could impact physician groups and hospitals, potentially driving up costs. Also mentioned was House Bill 1123,…

(The Center Square) – Entergy is constructing infrastructure that will cost more than $3 billion for Meta’s data center in Richland Parish, $470 million of which ratepayers will be on the hook for, according to filings with the Louisiana Public Service Commission and the Midcontinent Independent Service Operator. That $470 million includes a new 60-mile transmission line from the Mount Olive substation to the Sarepta switching station. Meta has committed to paying for the remaining upgrades and their load share for 15 years.The upgrades Meta will cover include two thirty mile 500 kilovolt transmission lines  from “the Customer substations” to the…

Sundar Pichai, CEO of Google, speaks at the Google I/O developer conference. Andrej Sokolow | Picture Alliance | Getty ImagesGoogle on Tuesday offered buyouts to employees across several of its divisions, including those within its knowledge and information and central engineering units as well as marketing, research and communications teams, CNBC has learned. Knowledge and information, or K&I, is the unit that houses Google’s search, ads and commerce divisions. The buyouts Tuesday are the company’s latest effort to reduce headcount, which Google has continued to do in waves since laying off 12,000 employees in 2023. CNBC could not confirm how many employees…

A United Launch Alliance Atlas V rocket is on the launch pad carrying Amazon’s Project Kuiper internet network satellites, which are expected to eventually rival Elon Musk’s Starlink system, at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, on April 9, 2025.Steve Nesius | ReutersUnited Launch Alliance said Tuesday it was pushing back the second flight carrying Amazon’s Project Kuiper internet satellites due to “multiple weather delays during launch processing.”The launch from Florida’s Space Coast was originally slated for Friday afternoon, but it’s now scheduled to take place on June 16, at 1:25 p.m. ET, ULA said in…

WASHINGTON (AP) — President Donald Trump’s “big, beautiful bill” in Congress includes more than tax breaks and spending cuts — it also seeks to pour billions of dollars into the administration’s mass deportation agenda.Republican leaders capitalized Tuesday on the demonstrations in Los Angeles, where groups of protesters are demonstrating against Trump’s immigration raids at Home Depot and other places where migrants congregate, to make the case for swift passage of their sprawling 1,000-plus-page bill.House Speaker Mike Johnson said the One Big Beautiful Bill Act delivers “much-needed reinforcements,” including 10,000 new Immigration and Customs Enforcement agents, $45 billion to expand migrant…

California National Guard personnel stand outside the Edward R. Roybal federal building after their deployment by U.S. President Donald Trump, in response to protests against immigration sweeps, in Los Angeles, California, U.S. June 8, 2025. David Ryder | ReutersCalifornia Gov. Gavin Newsom asked a federal judge Tuesday to quickly block President Donald Trump’s deployment of National Guard members and Marines to Los Angeles to quell protests against immigration raids there.State Attorney General Rob Bonta told U.S. District Judge Charles Breyer that a temporary restraining order against the deployments should be issued by 1 p.m. PT to “prevent immediate and irreparable…

Members of the California Nationa Guard stand watch outside the Edward R. Roybal Federal Building on the morning of June 10, 2025, following another day of protests in response to federal immigration operations in Los Angeles. Ronaldo Schemidt | Afp | Getty ImagesPresident Donald Trump’s deployment of National Guard troops and Marines to Los Angeles to deal with immigration-enforcement protests will cost about $134 million, a Pentagon official said Tuesday.Acting Pentagon Comptroller Bryn Woollacott MacDonnell said that estimate is largely based on costs of housing, travel and food for the troops.McDonnell spoke at a House subcommittee hearing, where Defense Secretary…

(The Center Square) – Home care workers said Tuesday that a $21 million proposal to increase wages and benefits isn’t just a good idea, it’s the bare minimum to keep the industry float.Most in the state earn between $13 and $14 per hour due to the Medicaid reimbursement rate. The proposal would increase salaries for participant-directed care workers who are not employed through an agency.“This funding means dignity — not just for the people we care for, but for the people doing the caring, too,” said participant-directed home care worker Krysten Xanthis. “This job is demanding. It’s physical. It’s emotional.…