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Industry

Trump says no alternative to coal as White House plans $700 million to revive industry

The White House is reportedly planning to inject $700 million in additional public funds to support the U.S. coal-fired power industry, including restarting shuttered plants and building new coal plants. The plan, to be approved under the Defense Production Act, includes support for 13 existing plants and construction of two new facilities in Alaska and West Virginia. Donald Trump said coal has no real alternative and criticised renewable energy.

AI & Enterprise

Fasoo AI showcases AI security solutions at Gartner summit, steps up North America push

Fasoo AI said on Wednesday it took part in the Gartner Security Summit 2026 held in National Harbor, Maryland, from June 1 to 3, introducing an artificial intelligence data leakage risk management framework and related solutions. The company said it used the event, which brings together global security and IT leaders, as a stage to target the North American market. Executives also highlighted new leakage pathways driven by generative AI and related tools.

Crypto

One in 4 U.S. adults hold crypto as Clarity Act floor vote nears

About 67 million people in the United States hold cryptocurrencies, or about 1 in 4 adults, as ownership spreads rapidly, the National Cryptocurrency Association said, citing a survey of 10,000 adults conducted with Harris Poll. New holders rose by 12 million, it said. The figures come as Congress considers the 2025 Digital Asset Market Clarity Act, which would split oversight between the CFTC and the SEC and has moved out of the Senate Banking Committee.