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White House And Pentagon Clash Over $80M ReElement Critical Minerals Deal
White House And Pentagon Clash Over $80M ReElement Critical Minerals Deal
The Pentagon is reconsidering an $80 million conditional loan to rare-earths refiner ReElement Technologies, raising tensions with the White House over efforts to reduce US reliance on China for critical minerals, according to Bloomberg.
The loan, announced in November through the Pentagon’s Office of Strategic Capital (OSC), was part of a broader $1.4 billion critical-minerals initiative alongside Vulcan Elements. But officials reviewing the deal have questioned ReElement’s ability to scale production and meet long-term revenue targets, according to people familiar...
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Apr 20, 2026 / Tyler Durden
Half Of Americans Live In States Where Weed Is Legal
Half Of Americans Live In States Where Weed Is Legal
In August 2013, the Justice Department stated in a press release that it was not going to enforce federal law prohibiting the cannabis use in states that were launching recreational cannabis programs at the time, clearing the way for state-by-state marijuana legalization in the United States.
Approximately 12 years down the line, half of Americans live in states where marijuana is legal and another 105 million have access to medical marijuana.
As Statista's Katharina Buchholz details below, this means that 80 percent of U.S....
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May 15, 2026 / Tyler Durden
Harvard Weighs Major Crackdown On "Grade Inflation"
Harvard Weighs Major Crackdown On "Grade Inflation"
Harvard faculty begin voting Tuesday on what may be the most aggressive effort in decades to curb grade inflation, a long-running issue that has also drawn attention from the White House as it pushes broader higher-ed reforms, according to Bloomberg.
The proposal would cap A grades in undergraduate classes at 20% of students, plus four additional students. The move comes after A grades surged at Harvard: about 60% of grades were A’s in the 2024–25 academic year, more than double the rate in 2006....
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Jul 11, 2026 / Tyler Durden
Was SK Hynix's US Debut The AI Bubble Top? BNP Says It's Still 1998
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