Biden announces NATO aid for Ukraine, as reelection campaign teeters

U.S. President Joe Biden speaks at a NATO event to commemorate the 75th anniversary of the alliance, in Washington, U.S., July 9, 2024. Yves Herman | Reuters President Joe Biden announced new commitments to help Ukraine bolster its air defense against Russia in a speech Tuesday commemorating NATO‘s 75th anniversary. “Putin wants nothing less — nothing … Read more

Company to cut 10% of workforce

Daniel Dines, Co-founder & CEO at UiPath addresses the audience during the third day of the Web Summit 2021 at Parque das Nacoes in Lisbon.  Bruno de Carvalho | SOPA Images | Lightrocket | Getty Images UiPath, a developer of automation software, is cutting 10% of its workforce, or about 420 jobs, as part of … Read more

Senators seek special counsel probe of Supreme Court Justice Clarence Thomas

Associate Justice Clarence Thomas during the formal group photograph at the Supreme Court in Washington, DC, US, on Friday, Oct. 7, 2022. Eric Lee | Bloomberg | Getty Images Two Democratic Senate committee leaders asked the Justice Department to appoint a special counsel to investigate whether Supreme Court Justice Clarence Thomas broke federal tax and … Read more

Non-alcoholic beer maker Athletic Brewing raises $50 million

Company founder Bill Shufelt (left) and head brewer John Walker pause at the Athletic Brewing’s non-alcoholic brewery and production plant on March 20, 2019 in Stratford, Connecticut.  Spencer Platt | Getty Images Leading non-alcoholic brewer Athletic Brewing Company announced Tuesday it’s raised an additional $50 million in equity financing in a round led by General … Read more

Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Federal Reserve Chair Jerome Powell speaks during a House Financial Services Committee hearing on the “Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, U.S., March 6, 2024.  Bonnie Cash | Reuters Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic … Read more

Gravitics lands $125 million order from Axiom

A pathfinder for Gravitics’ 4-meter space station module design in use for developing manufacturing and assembly methods. Gravitics Washington-based startup Gravitics has signed a $125 million contract to expand Axiom Space’s planned space station, the latest deal in the burgeoning private market for orbiting habitats. “Working with the station operator that will have hardware on … Read more