(Bloomberg) — The US will award Intel Corp. $8.5 billion in grants and as much as $11 billion in loans to help fund an expansion of its semiconductor factories, marking the largest award from a program designed to reinvigorate the domestic chip industry. Most Read from Bloomberg The package will support more than $100 billion
Topline The Biden administration announced Friday it’s canceling approximately $5 billion in student debt relief, largely for public servants, the latest incremental step the White House has taken on student loan forgiveness, even though its more ambitious student loan relief program was thwarted by the Supreme Court. Community Center on January 18 in Raleigh, North
Gov. Spencer Cox declared an emergency in April. And now, President Joe Biden has approved five Utah counties to receive federal money to help make disaster repairs. (Francisco Kjolseth | The Salt Lake Tribune) Gov. Spencer Cox is joined by officials from numerous state agencies during a news conference in Salt Lake City to give