World's Largest PC Makers Start Using Memory Chips From China's CXMT

Elon Musk Reaches $1.5 Million Settlement With SEC Over Twitter Stake Authored by Aldgra Fredly via The Epoch Times, Tech billionaire Elon Musk on May 4 agreed to pay $1.5 million to resolve a Securities and Exchange Commission (SEC) lawsuit alleging he violated securities laws over the delayed disclosure of his Twitter stake. A filing dated May 4 states that Musk’s revocable trust will pay a civil penalty of $1.5 million to the commission as part of the settlement, subject to approval by the court. According to the filing, once the proposed settlement...

How Socialism Gains Popularity Authored by Sylvia Xu via The Epoch Times, More than 80% agreed economic hardship can make socialist policies attractive even to people who oppose socialism. Most Americans see communism in an unfavorable light, and a strong majority of Epoch readers say it’s incompatible with the United States’ founding principles. Yet socialism, an early stage of communism, continues to attract people by promising equal wages, low costs, and public benefits. The goal sounds appealing, but the means have historically included higher taxes and extensive state control. When asked about a movement...

Trump Plans To Ease Off-Road Diesel Restrictions Ahead Of Midterms Bloomberg reported late Monday afternoon that the Trump administration is preparing to loosen restrictions on tax-exempt dyed diesel, seeking to ease costs for the industrial fuel that powers the economy amid a global refining crisis. The report cites people familiar with the matter, and the new policy could be announced as soon as today. The plan would allow broader use of dyed diesel, better known as off-road diesel, which is mostly used in farm machinery, construction equipment and other off-road applications. This...