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Federal Government Pauses Funding To Los Angeles Homeless Agency Citing Fraud Allegations
Federal Government Pauses Funding To Los Angeles Homeless Agency Citing Fraud Allegations
Authored by City News Service via The Epoch Times,
The U.S. Department of Housing and Urban Development (HUD) on June 11 suspended federal funding to the Los Angeles Homeless Services Authority (LAHSA), cutting off millions of dollars to the L.A. region, over allegations of fraud and widespread mismanagement.
HUD Secretary Scott Turner testifies before the Senate Appropriations Subcommittee on Transportation, Housing and Urban Development about his department's proposed FY2026 budget in the Dirksen Senate Office Building on Capitol Hill in...
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Jun 16, 2026 / Tyler Durden
China's DRAM Giant CXMT Gets Final Nod For Largest Mainland IPO Since 2022
China's DRAM Giant CXMT Gets Final Nod For Largest Mainland IPO Since 2022
Chengxin Memory Technology, China’s leading maker of DRAM (dynamic random-access memory) chips, has had its initial public offering approved by the country’s securities watchdog, clearing the way for the Chinese mainland’s biggest stock market listing since 2022.
CXMT’s registration to go public on Shanghai’s Nasdaq-style Star Market became effective on June 12. The Hefei-based company is planning to raise CNY29.5 billion (USD4.4 billion) by issuing 10.6 billion shares, which would also make it the Star Market’s second-largest IPO.
As...
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Nov 8, 2026 / Tyler Durden
Out Of 45 Data Center Votes Across America, Exactly One Went The Industry's Way
Out Of 45 Data Center Votes Across America, Exactly One Went The Industry's Way
Harwood, North Dakota, a town of about 940 people ten miles from Fargo, was the only place in the country where voters sided with a data center on Election Day, according to Redbud Consulting data cited by Fortune, which counted 45 data center ballot measures nationwide. In Harwood, about 75 percent of the 430 votes cast, 325, went against Measure 2, a charter amendment that would have put new hurdles in front of large industrial projects....
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Sep 21, 2026 / Tyler Durden
US Shipment Of F-35s Goes MIA In Shocking Detour To Hong Kong
US Shipment Of F-35s Goes MIA In Shocking Detour To Hong Kong
Authored by Luis Cornelio via Headline USA,
Lawmakers and the Trump administration are investigating the odd disappearance of a U.S.-bound shipment of F-35 fighter jet components from Australia, which were originally meant to be repaired on U.S. soil, according to new reporting by Politico.
The report, published Friday and citing three anonymous sources, noted that an intermediary was transporting the equipment on behalf of American defense manufacturer Lockheed Martin through the Pacific Ocean before it was diverted to Hong Kong.
The...
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