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Biden to Call for Tripling Tariffs on Chinese Steel Products
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EU would need 50% tariffs to curb imports of Chinese electric cars
Report says punitive action being mooted in Brussels would not be enough to deter carmakersFinancial Times - Business - European Union -
EU would need 50% tariffs to curb imports of Chinese electric cars
Report says punitive action being mooted in Brussels would not be enough to deter carmakersFinancial Times - World - European Union -
Biden promise to rival China on shipbuilding faces a big economic problem
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.CNBC - Business - Joe Biden -
Biden celebrates computer chip factories, pitching voters on American 'comeback'
President Joe Biden has arrived in New York state to celebrate a tech company’s plans to build a campus of computer chip factories made possible in part with government supportABC News - Tech - Joe Biden -
Anti-doping body faces calls for review over Chinese swimmers
UK agency combating drugs in sport adds to pressure ahead of Paris Olympics over 2020 positive testsFinancial Times - Business -
MPs call for clarity over post-Brexit border checks on EU plant and food products
Sanitary and phytosanitary (SPS) checks were due to start next week but committee raises concerns over delays to plan. UK politics – latest updatesMPs have cast doubt over the UK government’s readiness for post-Brexit border control checks, which ...The Guardian - World -
While Biden Touts Chip Plant Funds, Prospective Workers Wait for Production to Start
The long lag time before U.S. factories start making semiconductors leaves workers waiting, and voters wondering when the payoff arrives.Inc. - Business - Joe Biden -
Thyssenkrupp Offloads Stake in Steel Business
Thyssenkrupp has agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky’s EP Corporate Group for an undisclosed sum.The Wall Street Journal - World -
Thyssenkrupp Offloads Stake in Steel Business
Thyssenkrupp has agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky’s EP Corporate Group for an undisclosed sum, settling on a partial divestment after yearslong efforts to dispose of it.The Wall Street Journal - Business -
Thyssenkrupp Offloads Stake in Steel Business
Thyssenkrupp has agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky’s EP Corporate Group for an undisclosed sum, settling on a partial divestment after yearslong efforts to dispose of it.The Wall Street Journal - Business
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Elon Musk Reaches Deals in China on Self-Driving Teslas
Elon Musk met with the country’s premier, a longtime Tesla ally, and secured regulatory nods and a necessary partnership with a Chinese tech company.The New York Times - Business - China -
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The terms of the new deal would provide Paramount shareholders with an investment to pay down debt and buy back stock.The New York Times - Business -
A.I. Start-Ups Face a Rough Financial Reality Check
The table stakes for small companies to compete with the likes of Microsoft and Google are in the billions of dollars. And even that may not be enough.The New York Times - Business -
How Supplement Stores Are Trying to Tap Into the Ozempic Boom
GNC and the Vitamin Shoppe are redesigning displays and taking other steps to appeal to people who are taking or are interested in drugs like Ozempic and Wegovy.The New York Times - Business -
Friends From the Old Neighborhood Turn Rivals in Big Tech’s A.I. Race
Demis Hassabis and Mustafa Suleyman, who both grew up in London, feared a corporate rush to build artificial intelligence. Now they’re driving that competition at Google and Microsoft.The New York Times - Business