Tag: Federal government of the United States

BusinessScienceTechnology

Commerce Department Denies Equity Negotiations with Quantum Computing Firms

The Commerce Department has officially denied reports that the Trump administration is negotiating equity stakes in quantum computing companies. This contradicts earlier claims from sources familiar with the matter that suggested talks were underway with several quantum firms.

Government Denies Equity Negotiations with Quantum Companies

The U.S. Commerce Department has explicitly denied reports that the federal government is negotiating equity stakes in quantum computing companies, according to an official statement provided to CNBC. A department spokesperson confirmed that “The Commerce Department is not currently negotiating equity stakes with quantum computing companies,” directly contradicting earlier claims about potential government investment in the emerging technology sector.

by Bennett Laura
GovernmentPolicy

Trump Signs Executive Order to Pay Military During Government Shutdown

President Donald Trump has signed an executive order directing the Pentagon to ensure 1.3 million active-duty military personnel receive their pay despite the ongoing government shutdown. The order comes as the political standoff between Republicans and Democrats enters its third week, with both parties trading accusations over who is responsible for the impasse.

Executive Order Ensures Military Pay During Shutdown

President Donald Trump signed an executive order on Wednesday directing the Pentagon to ensure active-duty military personnel receive their pay despite the ongoing federal government shutdown, according to reports from the White House. The order addresses one of the most sensitive issues in the bitter standoff over federal spending that has stretched into its third week.

by Bennett Laura
EnergyPolicy

Federal Officials Reject Massive Coal Lease Bid Amid Declining Industry Demand

Federal officials have rejected a company’s bid to acquire 167 million tons of coal on Montana public lands for less than a penny per ton. The failed sale underscores coal’s declining demand as utilities shift to cheaper alternatives like natural gas and renewables.

Major Coal Sale Rejected Over Bid Requirements

Federal officials have rejected a company’s bid to acquire 167 million tons of coal on public lands in Montana for less than a penny per ton, according to reports from Billings, Montana. The proposed sale would have represented the largest U.S. government coal transaction in over a decade, but sources indicate the bid failed to meet legal requirements under the Mineral Leasing Act.

by Bennett Laura