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4 mins read

Turkey may soon put its controversial Russian S-400 air defenses in operation

Turkey's S-400 defenses may be deployed for the first time this summer in a move likely to worsen a…

Paul Iddon   


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1 min read

Biden invokes the Defense Production Act to ramp up production of baby formula as parents face a national shortage

The White House also announced Operation Fly Formula, which will use military aircraft to pick up b…

Kelsey Vlamis   


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2 mins read

A Republican congressman who wants the government to spend more money on defense just bought stock in two defense contractors

Rep. Kevin Hern — chair of the Republican Study Committee's Budget and Spending Task Force — called…

Madison Hall   


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1 min read

EV metal suppliers jump as Biden is expected to invoke the Defense Production Act to ramp up US production

Shares of key metal producers like Lithium Americas, Piedmont Lithium, MP Materials, Standard Lithi…

Phil Rosen   


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2 mins read

Kevin McCarthy's House is the least productive in modern history and it's not just because of divided government

The House has passed just over 220 bills so far and is set to be in session for 117 days, below ave…

Bryan Metzger   


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2 mins read

Kodak stock surges 88% after federal watchdog finds no problems with halted $765 million government loan

The camera company's stock soared as much as 2,190% in two days after news of the funding broke in …

Theron Mohamed   


Mattathias Schwartz,Dave Levinthal   


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2 mins read

Biden will invoke the Defense Production Act to boost America's vaccine supply, top advisor says

The DPA is a Korean War-era law that gives the president broad authority to compel US industries to…

John Haltiwanger   


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2 mins read

US gun production has almost tripled over the past 20 years and 'ghost guns' are on the rise

The same year that gun sales surged, firearm-related homicides in the US hit their highest level si…

Grace Kay   


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2 mins read

Kodak's CEO stands to make $135 million after the camera company's stock surged 1,200% in 2 days

Jim Continenza's shares have skyrocketed in value after Kodak secured a $765 million government loa…

Theron Mohamed   


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2 mins read

Kodak surges 1,900% in 2 days after securing a $765 million government loan to make drug ingredients

President Trump described the agreement with the camera company as "one of the most important deals…

Theron Mohamed   


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2 mins read

Trump invokes emergency powers as US coronavirus toll spirals

Describing himself as a "wartime President", Donald Trump has announced that he is invoking emergen…

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4 mins read

What you need to know about the Defense Production Act and why it matters to the coronavirus pandemic

"Through the DPA, the President can, among other activities, prioritize government contracts for go…

John Haltiwanger   


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3 mins read

After delaying, Trump finally uses the Defense Production Act to require General Motors to help with coronavirus response

Trump's decision to activate the Defense Production Act came less than a day after the president do…

John Haltiwanger   


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1 min read

Watch Putin draw a weird face on a smart board as Russia tries to act like everything is normal after Wagner went rogue

The Russian president made two public appearances just days after the Wagner Group staged an armed …

Erin Snodgrass   


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3 mins read

An expert in global supply chains says Trump should have used the power of the Defense Production Act 4 to 5 weeks ago

"We need to really have an extreme mindset and sense of urgency," he said. "Could we have done bett…

Michelle Mark   


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2 mins read

FEMA chief says Defense Production Act being used for first time in coronavirus fight to get 60,000 test kits

New York Gov. Andrew Cuomo tweeted Monday that "we need the federal government to use the Defense P…

Ryan Pickrell   


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1 min read

Trump plans on forcing meat plants to stay open with new executive order under the Defense Production Act, despite severe coronavirus outbreaks

The meatpacking industry has been hit with several severe COVID outbreaks across the country, but T…

Jake Lahut   


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2 mins read

The White House has invoked the Defense Production Act to produce over 39 million N95 masks over the next 90 days

"Through the DPA, the President can, among other activities, prioritize government contracts for go…

Connor Perrett,Connor Perrett   


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2 mins read

FEMA chief contradicts Trump, saying the Defense Production Act still hasn't been used to get critical supplies for coronavirus fight

The letter said that "America's hospitals, health systems, physicians and nurses urge you to immedi…

Ryan Pickrell