US Seeks Intel Stake in Exchange for Federal Grants

Intel’s headquarters in Santa Clara, Calif., on Aug. 1, 2024. Justin Sullivan/Getty Images The U.S. government is seeking an equity stake in chipmaker Intel, Commerce Secretary Howard Lutnick said on Aug. 19. In November 2024, the previous administration awarded Intel nearly $11 billion in grants from the CHIPS and Science Act—legislation designed to bolster U.S.

State Department revokes over 6,000 student visas

Washington — The State Department says it has revoked more than 6,000 student visas for overstays and violations of the law.  The vast majority of those violations or alleged violations entailed assault, driving under the influence, burglary, and “support for terrorism,” according to a State Department official, although the State Department didn’t say whether those