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Month: September 2022

Adobe buying Figma in $20B cash-and-stock deal

By The Associated Press Software company Adobe is buying online design company Figma in an approximately $20 billion cash-and-stock deal. Figma, founded in 2012, allows those who design interactive mobile and web applications to collaborate through multi-player workflows, sophisticated design systems and a rich developer ecosystem. The companies said that Figma’s web-based, multi-player capabilities will

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Biden order sharpens foreign investment screening process

By AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden has signed an executive order that aims to sharpen the national security considerations taken in the federal government’s review process for foreign investment in the United States. Biden administration officials say the order signed Thursday will bolster oversight by the Committee on Foreign Investment

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Biden order sharpens foreign investment screening process

By AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden has signed an executive order that aims to sharpen the national security considerations taken in the federal government’s review process for foreign investment in the United States. Biden administration officials say the order signed Thursday will bolster oversight by the Committee on Foreign Investment

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US sees the aid its given Ukraine as effective, likely won’t provide longer-range systems for now

By Natasha Bertrand, Oren Liebermann, Katie Bo Lillis and Jim Sciutto, CNN The Biden administration is unlikely to significantly change its approach to helping Ukraine fight Russia, sources tell CNN, and is rebuffing some Ukrainian weapons requests for now — even as Ukrainian forces have made sweeping gains and recaptured thousands of miles of territory

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The migrants sent to Martha’s Vineyard have been voluntarily taken to a military base for support, officials say

CNN, WBZ By Jason Hanna, Kristina Sgueglia, Miguel Marquez and Carolyn Sung, CNN The roughly 50 migrants who were sent by plane to Martha’s Vineyard in Massachusetts by Florida’s governor this week were taken to a military base Friday to receive shelter and humanitarian support, officials said. The migrants, after two days of uncertainty on

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‘Failure wasn’t an option here’: How Biden navigated a political and economic minefield at a critical moment in rail negotiations

By Phil Mattingly, CNN As the marathon meeting between rail industry and union representatives neared its 12th hour, the moment Biden administration officials viewed as equal parts inevitable and essential was set into motion. It was time for President Joe Biden to call in and underscore the stakes. Biden’s message was consistent with the one

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