Robert Besser
01 Aug 2022, 12:29 GMT+10
WASHINGTON D.C.: As part of the drive to expand internet access nationwide, President Joe Biden's administration has announced the availability of $401 million to enable 31,000 rural residents and businesses in 11 states to access the internet.
"With this money, we are one step closer to President Biden's ambitious goal of affordable and reliable internet for all," said Mitch Landrieu, White House infrastructure coordinator.
Also this week, Vice President Kamala Harris traveled to New York to announce formation of the Economic Opportunity Coalition comprising 23 companies and foundations, with the aim of investing billions of dollars into low-income communities.
The purpose of the group is to "address economic disparities and accelerate economic opportunity in communities of color and other underserved communities," the White House said, adding that the founding members of the coalition include Ariel Investments, Bank of America, BNY Mellon, Capital One, Citi, Discover, Ford Foundation, Goldman Sachs, Google, Key Bank, Kresge Foundation, Mastercard, McDonald's, McKinsey & Company, Micron, Momentus Capital, Moody's, Netflix, PayPal, PNC, the Rockefeller Foundation, TIAA and Upstart.
The ReConnect Program, a fund dispersed by the U.S. Agriculture Department (USDA), will provide the $401 million in loans and grants.
The program will support high-speed internet projects throughout the nation.
Get a daily dose of Milwaukee Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Milwaukee Sun.
More InformationFREMONT, California: This week, brain-chip startup Neuralink, owned by billionaire Tesla CEO Elon Musk, said an independent review board granted ...
BOSTON, Massachusetts: Officials said that a Delta flight from Chicago to Boston that was possibly struck by lightning landed safely ...
JAKARTA, Indonesia: An Indonesian court sentenced Lina Lutfiawati, also known as Lina Mukherjee, to two years in prison this week ...
HONG KONG: The Chinese Foreign Ministry has issued a request to all foreign consulates in Hong Kong, seeking the personal ...
MARTIN COUNTY, Florida: An Amazon driver making a delivery to a Florida home this week was bitten by a rattlesnake ...
CALGARY, Canada: From early 2024, the long-delayed and controversial Canadian government-owned Trans Mountain oil pipeline expansion (TMX) is expected to ...
BOSTON, Massachusetts: Officials said that a Delta flight from Chicago to Boston that was possibly struck by lightning landed safely ...
NEW ORLEANS, Louisiana: As Midwest farmers prepare to harvest crops and send tons of grain downriver to the Gulf of ...
BETHESDA, Maryland: This week, the US National Institutes of Health (NIH) said that it started early-stage human trials on FluMos-v2, ...
(Photo credit: Gregory Fisher-USA TODAY Sports) Miami Marlins ace right-hander Sandy Alcantara said Saturday that he won't pitch again this ...
(Photo credit: Reggie Hildred-USA TODAY Sports) The Tampa Bay Rays placed second baseman Brandon Lowe on the 10-day injured list ...
(Photo credit: Reggie Hildred-USA TODAY Sports) The Tampa Bay Rays placed second baseman Brandon Lowe on the 10-day injured list ...