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Received yesterday β€” 29 August 2025

Intel details everything that could go wrong with US taking a 10% stake

27 August 2025 at 16:41

Some investors are not happy that Intel agreed to sell the US a 10 percent stake in the company after Donald Trump attacked Intel CEO Lip-Bu Tan with a demand to resign.

After Intel accepted the deal at a meeting with the president, it alarmed some investors when Trump boasted that his pressure campaign worked, claiming Tan "walked in wanting to keep his job, and he ended up giving us $10 billion for the United States."

"It sets a bad precedent if the president can just take 10 percent of a company by threatening the CEO," James McRitchie, a private investor and shareholder activist in California who owns Intel shares, told Reuters. To McRitchie, Tan's acceptance of the deal effectively sent the message that "we love Trump, we don't want 10 percent of our company taken away."

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American Science & Surplus is fighting for its life. Here’s why you should care.

4 June 2025 at 19:34

It was shortly after moving into Chicago's Jefferson Park neighborhood that I saw the sign for the first time: American Science & Surplus. My curiosity piqued, I pulled into the strip mall and walked into a store filled with an unimaginable variety of lab equipment, military surplus, tools, electronics, toys, and so much more.

Now, nearly 90 years after its launch selling "reject lenses" as American Lens & Photo, American Science & Surplus is facing an existential threat. The COVID-19 pandemic and increased costs hit the business hard, so the store has launched a GoFundMe campaign looking to raise $200,000 from customers and fans alike. What's happening in suburban Chicago is a microcosm of the challenges facing local retail, with big-box retailers and online behemoths overwhelming beloved local institutions. It's a story that has played out countless times in the last two-plus decades, and owner Pat Meyer is hoping this tale has a different ending.

American Science & Surplus owner Pat Meyer holds the two most popular items in the store: $4 solenoid switches that are used to repair a well-known brand of single-cup coffee makers. Credit: Eric Bangeman

Launching a fundraiser was a tough choice for Meyer. "I don't like asking people for money," he said.

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Β© Eric Bangeman

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