Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production.
On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. .
Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. .
This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement.
Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse.
Schumer referred to the plan as "quite a
great return" on the government's investment.
A factory will also be built in
Boise, Idaho, NPR reports. .
That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029.
The White House estimates that
the projects could create 20,000 jobs
in construction and manufacturing.
in addition to "tens of thousands of
indirect jobs in the regions," NPR reports. .
The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung
Credit: Wibbitz Top Stories Duration: 01:30Published
President Biden signs historic legislation securing billions in US aid for Ukraine and Israel, reaffirming America's commitment to global security. Despite criticisms over human rights abuses in Gaza, Biden emphasizes the 'ironclad' nature of US support for Israel's defense. Stay informed with the latest developments on international affairs.
#JoeBiden #Israel #Gaza #IsraelHamasWar #IsraelPalestine #IsraelPalestineWar #USPresident #USNews #USAidBill #RussiaUkraineWar #Oneindia
~PR.274~ED.103~GR.125~
President Biden had yet another teleprompter gaffe while speaking at a conference Wednesday ... and it's not the first time the prez fumbled a speech, far from.. TMZ.com
President Biden just signed a bill banning TikTok in America (unless it's sold to a U.S.-based company) -- but the current CEO says they're gonna fight like hell.. TMZ.com
Millennials Want a 4-Day Workweek, , Poll Indicates.
Redfield and Wilton Strategies recently conducted a poll for 'Newsweek' to find
out how Americans feel about the idea of moving toward a four-day workweek.
4,000 U.S. voters were
surveyed between April 6 and 7.
63% were in favor of a four-day workweek.
46% think the model makes
employees more productive.
Out of all age groups surveyed,
millennials accounted for 74% of those
who want to work less hours.
Of that 74%, 44% "were strongly in favor of a shorter working week," 'Newsweek' reports.
50% of people born in 1964 and before supported a four-day workweek.
The results come as more companies are adopting shorter workweeks, and politicians are pushing to advance the trend in Congress.
The results come as more companies are adopting shorter workweeks, and politicians are pushing to advance the trend in Congress.
The sad reality is, Americans now
work more hours than the people
of most other wealthy nations, Bernie Sanders, via March 2024 health committee hearing.
Lisa Countryman-Quiroz, CEO of non-profit JVS, called a 5-day, 40-hour workweek outdated.
The five-day workweek was created in a
different time. It served its purpose, but
today's world is more fast-paced and
technology-driven than our workplace
predecessors could have imagined, Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'.
Since implementing a
four-day workweek, our
results have been incredible. , Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'.
We've found our employees are more
productive, report better work-life balance,
and experience less burnout. Incredibly, our
turnover rate has been cut nearly in half, Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published
Bernie Sanders Pushes Bill , to Adopt 4-Day Workweek.
The senator introduced the "Thirty-Two Hour Work Week Act" on March 14, NBC News reports.
The bill would change the standard workweek in America from 40 to 32 hours without losing pay.
The number of hours needed to attain overtime pay would also be reduced.
Time-and-a-half pay would be required for
any workday lasting longer than 8 hours.
If a workday exceeds 12 hours,
an employee would receive double pay.
The plan would go into effect over the
course of four years, NBC News reports. .
Moving to a 32-hour workweek with
no loss of pay is not a radical idea, Sen. Bernie Sanders, via statement.
Today, American workers are over
400 percent more productive than
they were in the 1940s. , Sen. Bernie Sanders, via statement.
And yet, millions of Americans are
working longer hours for lower
wages than they were decades
ago. That has got to change, Sen. Bernie Sanders, via statement.
Sanders went on to talk about
AI's place in the workforce.
The financial gains from the major
advancements in artificial intelligence,
automation and new technology must
benefit the working class, not just
corporate CEOs and wealthy
stockholders on Wall Street, Sen. Bernie Sanders, via statement.
It is time to reduce the stress level
in our country and allow Americans
to enjoy a better quality of life. , Sen. Bernie Sanders, via statement.
It is time for a 32-hour workweek
with no loss in pay. I look forward
to the discussion this week, Sen. Bernie Sanders, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
On CNN’s State of the Union with Dana Bash, Budget Committee Chairman Sen. Bernie Sanders reflects on his transition from being an outsider in the Democratic Party to becoming one of its key voices..
![Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production [Video]](https://video.newsserve.net/300/v/20240425/1373731970-Biden-Is-Giving-Billion-to-Micron-Technology.jpg)
![U.S. President Joe Biden Signs Landmark Aid Bill for Ukraine, Israel, Gaza | Oneindia News [Video]](https://video.newsserve.net/300/v/20240425/1373692254-President-Joe-Biden-Signs-Landmark-Aid.jpg)
![Biden inks €89 billion war aid package to support Ukraine, Israel and Taiwan [Video]](https://video.newsserve.net/300/v/20240424/1373656506-Biden-inks-€89-billion-war-aid-package-to.jpg)
![Millennials Want a 4-Day Workweek, Poll Indicates [Video]](https://video.newsserve.net/300/v/20240422/1373469894-Millennials-Want-Day-Workweek-Poll-Indicates.jpg)
![Bernie Sanders Pushes Bill to Adopt 4-Day Workweek [Video]](https://video.newsserve.net/300/v/20240315/1368824520-Bernie-Sanders-Pushes-Bill-to-Adopt-Day.jpg)
![Sanders on going from outsider to dealmaker: 'It feels very good' [Video]](https://video.newsserve.net/300/v/20210620/2106201905-Sanders-on-going-from-outsider-to-dealmaker.jpg)
