The Latest Breaking News from Howard Lutnick

A 'piece of the action' for the taxpayer...

Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. (NASDAQ:INTC) under the CHIPS Act into an equity stake, arguing that taxpayers deserve a return instead of providing “giveaways to rich companies.”

White House escalates offensive on Ivy League university by calling for review of federally funded research

The U.S. government has pledged to rectify a presidential executive order, which will result in the removal of overlapping tariffs on Japanese goods.

Billionaire investor Mark Cuban blasted a Commerce Department plan under discussion to charge patent holders a percentage of their patent value, calling it "one of the dumbest ideas in the history of business."

China's cyberspace regulators have summoned Nvidia over security concerns about its H20 chips

And if Trump moves ahead with his threatened August 1 tariff hikes, prices will climb even more.

The Trump administration is contemplating a significant revamp of the U.S. patent system, which could potentially generate tens of billions of dollars in revenue. 

The United States has temporarily halted restrictions on technology exports to China, according to a Monday report from the Financial Times. This pause is intended to prevent disruptions to ongoing trade discussions with Beijing and to bolster President Donald Trump’s push for a meeting with Chinese President Xi Jinping later…