German chip chemical supplier to spend $1 bln in U.S., pairs with Palantir on supply chain data
A German supplier of chemicals and materials used in making semiconductors said on Tuesday that it is investing $1 billion in its U.S. operations and forming a joint venture with data analytics firm Palantir Technologies (PLTR.N) to solve chip industry supply chain problems.
Analysis: Japan keen to speed up digital yen launch as China adds geopolitical twist
Japan’s new political leadership is calling on the country’s financial bureaucrats to ramp up efforts toward issuing a digital currency, pointing to China’s far quicker progress as a potential challenge to the global economic order.
Analysis: Musk’s Tesla stock sale poll raises taxing questions
When Elon Musk asked his Twitter followers last weekend if he should sell 10% of his Tesla Inc (TSLA.O) stock, he said he was posing the question because “much is made lately of unrealized gains being a means of tax avoidance.”
Is the mental health of adolescents and teenagers being harmed by apps like Snap, TikTok, and YouTube?
Following Facebook, US lawmakers are questioning internet companies like Snap, TikTok, and YouTube on the influence of content on such social media platforms on kids and adolescents. When it comes to children and teenagers, social media has always been a heated issue of conversation. When it comes to internet usage, many social activists, psychologists, and […]
28 U.S. House Democrats want $85 billion in EV charging infrastructure funding
A group of 28 U.S. House Democrats on Monday asked congressional leaders to back $85 billion in funding for electric vehicle charging infrastructure, a big jump over funding proposed in a bill before Congress.
Robinhood IPO faces threat of retail snub on Reddit
Online brokerage Robinhood Markets Inc, which helped enable the “meme stock” frenzy earlier this year and later attracted flak for its handling of the trading mania, is facing pushback on social media forums against its initial public offering.
U.S. industry groups, lawmakers press White House to lift travel restrictions
A coalition of 24 industry organizations urged the White House to lift coronavirus restrictions that bar much of the world from traveling to the United States but a White House official told Reuters late on Wednesday reopening will need more discussion.
U.S. Commerce chief urges Congress to act on chip funding by August
U.S. Commerce Secretary Gina Raimondo on Monday urged U.S. lawmakers to complete action on a $52 billion boost in government funding for semiconductor production and research before Congress leaves for its August recess.
Canada lawmakers pass budget bill with pandemic supports ahead of summer recess
Canadian lawmakers on Wednesday passed Prime Minister Justin Trudeau’s budget bill, approving billions in funding to extend COVID-19 supports on the last day of voting before the summer break and a likely election in the fall.
U.S. lawmakers to propose tax credit for sustainable aviation fuel
U.S. lawmakers plan to introduce a bill on Thursday that would create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from the aviation industry.
