North Carolina’s Billion-Dollar Bet on an EV Outsider
Updated Dec. 11, 2023 12:13 am ETHAIPHONG, Vietnam—When electric-car startup VinFast Auto was looking to build a factory in the...
government aid
Big-Company Bankruptcies Hang Over Economy
Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link
China’s Electric-Vehicle Makers Face EU Antisubsidy Probe
The antisubsidy investigation opens a new front in the battle for leadership of the global clean-technology industry. Source link
Tesla Leads Race to Draw Federal Money for Charging Networks
Elon Musk’s company is beating out rivals to win millions of dollars in grant awards. Source link
The Economic Losers in the New World Order
Giant subsidies and rising protectionism are upending decades of free trade. Smaller countries, from the U.K. to Singapore, are getting...
Why Trucking Giant Yellow’s Shutdown Could Cost Taxpayers Money
Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on...
Why Economies Haven’t Slowed More Since Central Banks Hit the Brakes
Government aid and the effects of the pandemic are blunting the impact of higher interest rates, for now. Source link
Canada Public Broadcaster Joins NPR in Quitting Twitter Over Label Uproar
TechCBC says label ‘government-funded media’ in which officials determine editorial content is ‘untrue and deceptive’ Source link
WSJ News Exclusive | Biden’s $42.5 Billion Broadband-Expansion Plan Is Challenged by Lawmakers
Senators want a new review before money is allocated to ensure rural states get fair share. Source link
Europe Unveils Clean-Tech Plans in Bid to Rival U.S., China
The European Commission’s proposals are aimed at making its industries more globally competitive in emerging environmental sectors. Source link
Silicon Valley Bank Collapse Becomes Campaign Topic as GOP Warns Against Bailout
PoliticsRepublican presidential hopefuls argue against taxpayer-funded assistance for those who suffer losses Source link
China’s EV Sales Broke Record in 2022 as Overall Auto Market Stalled
Rising retail demand for electric and plug-in hybrid vehicles boosted the auto market as traditional-car sales slipped 13%. Source link
Public Transit Goes Off the Rails With Fewer Riders, Dwindling Cash, Rising Crime
By Jimmy Vielkind Jan. 8, 2023 1:08 pm ETListen to article(2 minutes)Several of the nation’s largest urban mass-transit systems are...
Endowment Tax on Wealthiest Universities Netted a Fraction of Predictions in 2021
Wealthy colleges argued for years that a federal tax on their endowment income would limit their ability to provide financial...
U.K.’s Sweeping Tax Cuts Send Pound Tumbling, Yields Higher
LONDON—The British government unveiled the biggest tax cuts since the early 1970s in a high-stakes bet to jolt the U.K.’s...
Affordable Care Act Health-Plan Premiums Set to Rise
Premiums for many Affordable Care Act health-insurance plans are set to rise sharply next year, a sign of how rising...
Rivian Says Senate Climate Deal Puts It at Disadvantage
Electric-vehicle startup Rivian RIVN 0.57% Automotive Inc. is warning that planned revisions to the EV tax credit would put the...
Chip Investment Decisions Await Congressional Action on $52 Billion Funding Bill
Political wrangling in Congress over government funding for the semiconductor industry is leaving tens of billions of dollars of potential...
IRS Delays, Sudden End to Tax Break Leave Employers Frustrated With Covid Credits
IRS processing delays and federal policy changes are creating headaches for businesses and nonprofits using a popular wage subsidy that...
Negotiators Try to Complete Omnibus Spending Bill With Ukraine, Covid-19 Aid
WASHINGTON—House Democratic leaders said they plan to hold a vote Wednesday on a bill to fund the federal government for...
