Bloomberg Business

Biden, McCarthy Speak Saturday Night on Debt-Limit Deal

President Joe Biden and House Speaker Kevin McCarthy spoke by phone Saturday evening as their negotiators on a debt-limit deal rush to finalize an agreement to avert a catastrophic default, two people familiar with the matter said.

Texas AG Ken Paxton Impeached by Republican-Led State House

Texas Attorney General Ken Paxton was impeached in an extraordinary vote by the state’s Republican-dominated House of Representatives, which charged him Saturday with bribery, obstruction of justice and 18 other offenses.

US ‘Won’t Tolerate’ China’s Micron Chips Ban, Raimondo Says

Commerce Secretary Gina Raimondo said the US “won’t tolerate” the recent decision by Chinese authorities to ban chips by Micron Technology Inc. in some critical sectors, using her sharpest language yet to describe Washington’s reaction.

Close Bitnami banner
Bitnami