After years of states pushing legislation to accelerate the development of data centers and the electric grid to support them, some legislators want to limit or repeal state and local incentives that paved their way. President Donald Trump also has changed his tone. Last year he issued an executive order and other federal initiatives meant to support accelerated data center development.
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Boom Supersonic wants to build the world’s first commercial supersonic airliner. Founded in 2014, the company set out to make air travel dramatically faster — up to twice the speed of today’s passenger jets — while also aiming for a smaller environmental footprint. For years, Boom has focused on developing the high-performance engine technology needed to sustain supersonic flight.
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Data centers are big business. Around 3,000 new data centers — huge buildings that house the computing power that props up the growing use of artificial intelligence (AI) — are currently being built or planned across the U.S. Some speculate that global spending on data centers could hit $3 trillion by 2029. Corporate interests — from energy firms and construction companies…
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As a rare winter storm bore down on South Carolina, bringing conditions that historically paralyze the state for days, local officials in a rural county quietly pushed through a massive $2.4 billion data center without most residents knowing it was even on the table. “There was a public meeting, which most were unaware of,” Jessie Chandler, a resident of rural Marion County, told Capital B…
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The first year of Donald Trump’s second term as U.S. president has been a most profitable one for the Trump family and its inner circle. By now, much has been reported about the web of conflicts — the unapologetic ethical morass — that defines the second Trump administration and the Trump family’s cryptocurrency ventures, foreign business deals, military contracts, and more.
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Ventures launched by the Trump family since Donald Trump’s reelection have generated at least $4 billion in proceeds and paper wealth for the Trump family. With investments across sectors like real estate, hospitality, media, cryptocurrency and more, the Trumps are “increasingly integrating their business empire” into the wider U.S. economy, says David Uberti, who has been reporting on the family’…
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