KoBold is part of something called the Disko-Nuussuaq project, a mining effort to drill for minerals along Greenland’s western coast. It has also secured a Mineral Exploration License for Disko Island—which is located off Greenland’s west coast—for the years 2024-30.

Commerce Secretary nominee Howard Lutnick defended Tether in a Senate hearing, arguing AI will "rid the world of criminals" using blockchain.

US Senator Elizabeth Warren has pressed US President Donald Trump’s Commerce Secretary pick, Cantor Fitzgerald CEO Howard Lutnick, over his investment firm’s connection with stablecoin issuer Tether.

Billionaire financier Howard Lutnick, President Donald Trump's choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days. “I will divest, I will sell all of my interests,

Democrats are looking to exploit the Commerce secretary nominee’s vast wealth and financial entanglements at his confirmation hearing Wednesday.

CoreCivic, one of several private prison giants that stands to gain from President Donald Trump’s campaign promise to carry out “mass deportations” of undocumented immigrants, wrote a $500,000 check to Trump’s inaugural committee last month.

Howard William Lutnick, former head of Cantor Fitzgerald was making a point that there is no relationship between tariffs and inflation.

Floor signage for the offices of DeepSeek (C) is seen in Beijing on January 28, 2025. Fears of upheaval in the AI gold rush rocked Wall Street, following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a “wake-up call” for Silicon Valley. (Photo by PETER CATTERALL / AFP)

President Donald Trump's pick to lead the Commerce Department has told US lawmakers that Canada and Mexico can avoid blanket tariffs if they close their borders to fentanyl. "As far as I know, they are acting swiftly, and if they execute it, there will be no tariff," Howard Lutnick said on Wednesday during a confirmation hearing before senators.

Factbox-Trump's Inner Circle Offers Different Perspectives on Dealing With China By Laurie Chen BEIJING (Reuters) - U.S. President Donald Trump's picks for ... is the CEO of Wall Street brokerage firm Cantor Fitzgerald and an outspoken advocate of tariffs.

WASHINGTON (Reuters) -President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl, while vowing to slow China's advancement in artificial intelligence.

Commerce Secretary nominee Howard Lutnick defended Tether in a Senate hearing, arguing AI will "rid the world of criminals" using blockchain.