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US Politics · United StatesThe Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals projects and boost Commerce Secretary Howard Lutnick's influence over the strategic sector, two sources familiar with the matter told Reuters.
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Trump weighs using $2 billion in CHIPS Act funding for critical minerals, sources say
62% Center coverage: 8 sources

Inflation · MoranbahPeabody Energy Corp. (NYSE:BTU) has abandoned its planned $3.8 billion purchase of steelmaking coal assets from Anglo American (OTC:AAUKF), citing a material adverse change following a March fire at the Moranbah North mine in Australia. The incident left the mine idled with no clear timeline for resuming longwall production. The withdrawal comes less than a year after Anglo agreed to divest the portfolio to Peabody as part of a sweeping restruct…See the Story
Why Is Peabody Energy Stock Surging Tuesday? - Anglo American (OTC:AAUKF), Peabody Energy (NYSE:BTU)
Coverage: 5 sources