Kai Rizdahl
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Podcast Appearances
Marketplace's Samantha Fields has more on that.
This final note on the way out today, we have talked a couple of times, I think, about the president's proclivities toward state capitalism, the federal government taking 10 percent of Intel and getting a cut of some of NVIDIA's chip sales, just two of the particulars.
Well, here's another one today taking aim at Raytheon, the big defense contractor.
On his social feed, the president said this, it's a quote, either Raytheon steps up and starts investing in more upfront investment like plants and equipment, or they will no longer be doing business with the Department of War.
Also, and the quote continues, if Raytheon wants further business with the United States government, under no circumstances will they be allowed to do any stock buybacks.
Number one, Raytheon shares down 2.5% today.
Number two, and also, it's the Department of Defense.
Our immediate production team includes Brian Allison, John Fochie, Montana Johnson, Drew Jostad, Gary O'Keefe, and Charlton Thorpe.
We will see you tomorrow, everybody.
Hey everybody, it's Kyle Rosdahl, the host of Marketplace.
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