A Samsung memory chip worker earning about $60,000 a year could receive roughly $560,000 in bonuses before tax, according to the company’s largest union. Its estimate includes both Samsung’s existing profit-sharing bonus and a new special payment. Samsung hasn’t confirmed the amount. On October 7, the company outlined how that special bonus would work: 10.5% […]

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A multibillion-dollar private initiative to overhaul US submarine manufacturing marks an urgent push to revitalize naval industrial capacity at a pivotal moment in the Indo-Pacific balance of power. This month, multiple media outlets reported that defense technology firm Anduril Industries will invest US$3.7 billion of its own capital to build a 2-million-square-foot “software-defined shipyard” at […]

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On October 4, the US pulled its 12 B-1 strategic bombers out of Fairford, UK and returned them to the United States. Reports say the planes returned to Ellsworth Air Force Base in Rapid City, South Dakota. The bombers were pulled out when intelligence reported that an attack by armed drones against Fairford was imminent. […]

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