President Biden plans to sign an executive order that will also require U.S. private-equity and venture-capital firms to disclose certain investments in the country. Read more >>US prepares to soften China AI investment ban with revenue concernsThe US government is reportedly considering a softer ban on investment in Chinese artificial intelligence (AI) companies due to concerns about potential revenue losses. China Attacks Philippine Supply Vessel in South China SeaThe Philippine military accuses China of taking excessive and offensive actions against a supply ship on its way to the Second Thomas Shoal. He will be showcasing the climate and clean energy investments from the Inflation Reduction Act ahead of its one-year anniversary. WATCH LIVE: Biden delivers remarks on investments in conservation and protecting natural resourcesThe president delivers a speech about the Inflation Reduction Act's climate action.

Source: Wall Street Journal August 09, 2023 05:48 UTC