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Samsung says it will build $17B chip factory in Texas

Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. "This is the largest foreign direct investment in the state of Texas, ever," Texas Gov. Greg Abbott said in ...

Fighting gas prices, US to release 50 million barrels of oil

WASHINGTON (AP) — President Joe Biden on Tuesday ordered a record 50 million barrels of oil released from America's strategic reserve, aiming to bring down gasoline and other costs, in coordination with other major energy consuming nations including India, the United Kingdom and China. The ...

Bidens open holidays with Christmas tree and ‘friendsgiving’

WASHINGTON (AP) — Jill Biden opened the holiday season at the White House on Monday by breaking off a sprig from the official Blue Room tree and giving it — and a big smooch — to her toddler grandson. "Look how beautiful this is," the first lady said of the 18 1/2-foot (5.6 meter) ...

Harris announces $1.5B investment in health care workforce

WASHINGTON (AP) — Vice President Kamala Harris announced Monday that the Biden administration is investing $1.5 billion from the coronavirus aid package to address the health care worker shortage in underserved communities. The funding will go to the National Health Service Corps, Nurse ...

Yes, there are turkeys for Thanksgiving – for a price

Turkeys may not be able to fly very far. But their prices can soar — along with the costs of other holiday staples like cranberry sauce and pie filling. The Thanksgiving table hasn't been spared the price inflation that is rampant elsewhere in the economy because of strong consumer demand ...

Dems confident on methane fee as budget bill moves to Senate

WASHINGTON (AP) — A Democratic plan to impose a fee on methane emissions from oil and gas wells has cleared a key hurdle, but it faces strong opposition from the oil and gas industry and criticism by centrist Sen. Joe Manchin. The proposed fee on methane — a powerful pollutant that ...