Latest Corporate News News
Senate passes $70 billion immigration enforcement package
Senate Republicans advanced a $70 billion budget reconciliation package to fund the Trump administration’s immigration crackdown through 2029, after an extended amendment vote series. The measure now moves to the House for further consideration.
New U.S. aid and sanctions package targets Russia
House lawmakers passed legislation to provide aid to Ukraine and impose new sanctions on Russia, adding pressure on Moscow over the war. Senate Republicans are also pushing a separate sanctions bill aimed at restricting Russia’s oil and gas revenues.
Trump administration begins dismantling ocean sensor network
The administration has started decommissioning more than 900 deep-sea sensors from the Ocean Observatories Initiative, a system used to monitor marine ecosystems, currents, and climate conditions. The National Science Foundation said the equipment will be taken offline as part of the shutdown plan.
White House announces new coal industry funding
President Trump announced $700 million in federal funding for the coal industry, including support tied to construction of what would be the first new U.S. coal plants in 13 years. The move signals a renewed federal push for coal after years of decline.
Seven states sue over cancellation of major federal initiative
Attorneys general from seven states filed suit against the Trump administration over its effort to cancel a major initiative, escalating legal resistance to the administration’s policy rollback. The dispute is part of a broader wave of state-level challenges to federal actions.
George Santos referred to federal authorities over alleged insider trading
Democratic lawmakers say former Republican congressman George Santos was referred to federal authorities on suspicion of insider trading. The development adds another major legal and political controversy surrounding the disgraced ex-lawmaker.
Democrats push back on retirement plan investment proposal
Democratic lawmakers are urging the administration to drop a proposal that would make it easier for 401(k)s and other retirement plans to include alternative investments. Critics say the change could increase risk for ordinary retirement savers.
California city bans new data centers by ballot measure
Voters in Monterey Park approved a measure permanently banning new data center construction, defeating a proposal for a large artificial intelligence site near a residential area. It is the first known municipality to ban a data center through direct ballot initiative.
Amazon’s euro bond issuance highlights AI spending boom
The European Central Bank said international euro-denominated bond issuance remained strong in 2026, including a record €14.5 billion issue by Amazon to finance AI investment. The ECB linked the surge in corporate issuance to tight spreads, cost advantages, and the AI boom.
Euro strengthens its role in global finance
The ECB reported that the euro’s share in global currency use rose to around 20% in 2025, while the euro also became the leading currency in the green and sustainable international bond market. The report suggests continued diversification away from exclusive reliance on the U.S. dollar in some funding markets.