President Trump orders divestment in $2.9 million chips deal to protect US security interests

President Trump has ordered the unraveling of a $2.9 million deal involving Emcore Corp.’s computer chips, citing national security concerns. The executive order mandates HieFo Corp., reportedly owned by a Chinese citizen, to divest the …

President Trump has ordered the unraveling of a $2.9 million deal involving Emcore Corp.’s computer chips, citing national security concerns. The executive order mandates HieFo Corp., reportedly owned by a Chinese citizen, to divest the technology within 180 days. This move scrutinizes a transaction initially announced during the Biden administration.

Union Budget 2026-27 shakes up NRI money: What Indians in UAE must do now

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No rituals, no marriage: Supreme Court says certificate can’t replace Hindu ceremonies

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