US Energy Secretary Chris Wright testifies before a Senate Committee on Armed Services Committee hearing to examine the 2027 budget for the Department of Energy and National Nuclear Security Administration on Capitol Hill in Washington, DC, on May 13, 2026. Jim Watson | Afp | Getty Images U.S. Energy Secretary Chris Wright on Sunday said…
The GM Defense Infantry Squad Vehicle was engineered to meet U.S. military specifications. It is based on the automaker’s off-road Chevrolet Colorado ZR2 midsize truck architecture. GM Defense DETROIT — General Motors and Ford Motor have rivaled each other for more than a century in racing, vehicle sales and many other automobile-related activities. But their…
A drill rig stands at a Fervo Energy geothermal site under construction near Milford, Utah, Nov. 26, 2023. Ellen Schmidt | AP MILFORD, Utah — Deep in the Utah desert, down miles of gravel roads and hours from a major city, Fervo Energy bets it can economically harness heat from the Earth’s core for power,…
Fg Trade | E+ | Getty Images On a recent weekend, Jami Hagerman embarked on the budget-vacation equivalent of a blind date. The hairstylist and her husband spent about $400 on Groupon “mystery vacation” vouchers that promised accommodations and airfare for the pair — but no say in the destination. The Oklahoma City residents were…
The Pentagon has received a big ownership stake in an obscure private oil company that will control crude reserves larger than ExxonMobil‘s global portfolio if President Donald Trump‘s Venezuela deal is successful. The deal comes eight months after Washington ousted former Venezuelan President Nicolás Maduro in a military raid and co-opted the remaining regime led…
Satellite view of Kharg Island, located in the Persian Gulf off the coast of Iran. Gallo Images | Gallo Images | Getty Images U.S. forces struck three Iranian crude oil carriers Saturday after U.S. Central Command said the Islamic Revolutionary Guard Corps launched ballistic missiles toward two Navy warships in the region. CENTCOM said it…
BECKY QUICK: Welcome back, everybody. Berkshire Hathaway first invested in Japan’s five main “trading houses” just over six years ago, and it consistently increased its position. Berkshire now owns more than 10 percent of each of the top five. And the company’s CEO, Greg Abel, is in Japan right now. He joins us for a…
The Federal Reserve should cut interest rates to make homes more affordable, Vice President JD Vance said Thursday, adding to the pressure President Donald Trump has placed on the central bank to cut borrowing costs. The remarks came days after Trump’s handpicked Fed chair, Kevin Warsh, hinted at the possibility of doing the opposite: addressing…
THC beverages for sale at Urban Flower, a CBD and THC dispensary in Houston, Texas, Oct. 28, 2022. Elizabeth Conley | Houston Chronicle | Hearst Newspapers | Getty Images Erica Fabian says THC-infused drinks have become an alcohol alternative that have made a profound difference in her family. “Drinking [alcohol] is not healthy for both…
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Yesterday, Nvidia confirmed what we all already knew. The company is planning to acquire Hugging Face, a New York-based startup which has built a repository for open source AI models and recently shot to global recognition after it…
