White House suggests Congress pass standalone bill to help U.S. airlines

Giving U.S. airlines $25 billion in aid over the next six months could save more than 30,000 jobs, White House Chief of Staff Mark Meadows told reporters on Thursday after meeting with the companies’ top executives, suggesting lawmakers approve a separate assistance package for the struggling corporations. Congress has been deadlocked over approving another round […]

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White House’s Meadows raises doubts about plan for Chinese-run TikTok

White House Chief of Staff Mark Meadows said on Thursday that if TikTok remains predominantly Chinese-run under the Oracle Corp deal, that would not meet President Donald Trump’s objectives. Meadows said the administration is still looking at details of the deal and whether it meets national security thresholds, referring to plans by China’s ByteDance to […]

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Rivian, Redwood Materials among first recipients of Amazon’s $2 billion climate fund

EV startup Rivian and Tesla co-founder J.B. Straubel-led Redwood Materials have been named among the first recipients of investments from Amazon.com Inc’s AMZN.O $2 billion Climate Pledge Fund, the e-commerce giant said on Thursday. Amazon, which delivers about 10 billion items a year and has a massive transportation and data center footprint, has faced protests […]

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