(Removes duplicate dateline.) WASHINGTON (Reuters) -The White House earlier this month directed the Defense Department and NASA to gather details on billions of dollars in SpaceX contracts following the public blowout between President Donald Trump and billionaire Elon Musk, four people familiar with the order told Reuters. Sparking an ongoing review, the administration ordered the agencies to scr ...
By Jody Godoy (Reuters) -Facebook owner Meta’s $14.8 billion investment in Scale AI and hiring of the data-labeling startup’s CEO will test how the Trump administration views so-called acquihire deals, which some have criticized as an attempt to evade regulatory scrutiny. The deal, announced on Thursday, was Meta’s second-largest investment to date. It gives the owner of Facebook (NASDA ...
WASHINGTON (Reuters) -President Donald Trump urged EchoStar Corp (NASDAQ:SATS) Chairman Charlie Ergen and Federal Communications Commission Chair Brendan Carr to reach a deal over the fate of the company’s wireless spectrum licenses, Bloomberg reported on Friday. EchoStar shares were up 52% in after-hours trading Friday on the report. On Thursday, Trump met with Ergen and he telephoned Carr, w ...
(Reuters) -U.S. President Donald Trump has approved the partnership between United States Steel Corp (BVMF:USSX34) and Japan’s Nippon Steel, the companies said on Friday. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.X: A Bull or Bear Market Play?Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model ...