Tesla and Chinese Carmakers Could Reap Billions From EU Emissions Rules
European carmakers are urging Brussels to ease regulations to help them avoid buying carbon credits from rivals in increasingly large amounts.
Read more at The New York Times
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Big majority of EU leaders demand EIB further ease defence spending rules
Also in this newsletter: Is Belgium finally going to form a government?Financial Times - 20h -
Maine’s Billion-Dollar Lobster Economy Is in Trouble. Kelp Could Help
As the gulf of Maine heats up, lobsters are migrating north.Inc. - 1d -
Tesla reports $600 million bitcoin profit jump after digital assets rule change
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.CNBC - 1d -
Barclays tightens working-from-home rules
UK bank becomes the latest company to require more days spent in the officeFinancial Times - 2d -
Carmakers take action against EU tariffs on e-cars from China
Yahoo News - 3d -
Starmer looks to link UK and EU emission trading schemes
PM is becoming more ambitious for post-Brexit ‘reset’ talks ahead of key Brussels summitFinancial Times - 3d -
Nvidia loses nearly $600 billion in market value after Chinese AI startup bursts onto scene
Shares of chipmaker Nvidia plunged Monday, for its worst day since the global market sell-off in March 2020 triggered by the coronavirus pandemic.NBC News - 4d -
Tesla sues EU over tariffs on electric vehicles from China
Decision marks latest confrontation between Elon Musk and BrusselsFinancial Times - 4d -
Troubled European carmakers to talk fines and EVs with EU
Yahoo News - 4d -
Americans spend $900 billion a year on goods from Mexico and Canada. Tariffs could affect these prices the most.
Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of these products could rise if President Trump carries out his threat to ...MarketWatch - 6d -
EU Conditionally Approves International Paper's $7.16 Billion DS Smith Buy
The European Commission said that the parties’ offer to sell five of International Paper’s plants in Europe fully addresses its competition concerns over the deal.The Wall Street Journal - Jan. 24 -
EU Parliament concerned about weaker social media fact-checking rules
Yahoo News - Jan. 23 -
Top EU diplomat: 'Russia could test EU's readiness to defend itself'
Yahoo News - Jan. 22 -
TikTok is still running. Companies helping it could face $850 billion hit.
While TikTok is operating for existing U.S. users thanks to an executive order signed Monday night by President Donald Trump, analysts are warning that his order doesn’t look all that solid.MarketWatch - Jan. 22 -
How the EU could help stem the flow of illegal product imports
Also in this newsletter: Is sabotage behind Italy’s recent train disruptions?Financial Times - Jan. 22 -
Tesla brand value shed $15 billion in 2024 with aging lineup, Musk at helm, researchers found
The value of Tesla's brand dropped for a second straight year, according to research and consulting firm Brand Finance.CNBC - Jan. 21 -
Trump 2.0 Means State Crypto Rules Could Change
The president’s enthusiasm for the virtual currency could prompt states to start making crypto investments through their public pension funds.Inc. - Jan. 20 -
EU should welcome Chinese car factories, says Mercedes chief
Ola Källenius urges Brussels to drop protectionist approach in form of punitive tariffs on China EVsFinancial Times - Jan. 19 -
Mortgage rules could be eased to boost loans
The £100 limit on contactless cards could also be scrapped, as regulators respond to the prime minister's plea.BBC News - Jan. 17 -
Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case
Hino Motors, a Toyota subsidiary, will plead guilty to conspiracy charges and pay penalties for deceiving regulators about its diesel engines, the E.P.A. said.The New York Times - Jan. 16 -
Toyota reaches $1.6 billion settlement of emissions fraud case in U.S.
U.S. officials announced a $1.6 billion deal with Toyota's Hino Motors unit to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.CBS News - Jan. 16 -
Toyota subsidiary to pay $1.6 billion over U.S. emissions fraud case
Toyota subsidiary Hino Motors will pay $1.6 billion to settle a fraud case that alleged the company deceived regulators about emissions amounts from its diesel engines, U.S. officials have ...CBS News - Jan. 16 -
Gaza to receive €120 million in humanitarian aid from EU in 2025
Yahoo News - Jan. 16 -
Jeffrey Epstein’s Associates Could Reap Benefit of a Big Tax Refund
The estate’s assets have swelled to $145 million, a probate court filing in the U.S. Virgin Islands shows. Much of that won’t make its way to Mr. Epstein’s victims.The New York Times - Jan. 15 -
Top 3 drug insurers reaped billions as their drug middlemen inflated prices, FTC alleges
Regulators published their most detailed findings yet on how some of the nation’s largest companies profited from ‘excess’ prescription price hikes of 1,000% or more.NBC News - Jan. 14 -
EU threatens to curb access for makers of Chinese medical devices
Report finds Beijing is discriminating against bloc’s manufacturers in same fieldFinancial Times - Jan. 14 -
New rule could slash nicotine levels in tobacco products
The Biden administration is poised to try to lower the amount of nicotine in tobacco products, an eleventh-hour effort that’s been years in the making. The move would give the White House one ...The Hill - Jan. 13 -
EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal
The commission said that the companies’ offer to sell two business units to a rival fully addresses its concerns.The Wall Street Journal - Jan. 10 -
Brompton chief warns axing tariffs on Chinese bicycles could ‘kill’ business
Flood of cheaper products could hit an industry already struggling with stagnant post-pandemic demandFinancial Times - Jan. 10 -
Ukraine receives €3bn from EU as part of major G7 aid package
Yahoo News - Jan. 10 -
Fox Must Face Smartmatic’s $2.7 Billion Defamation Lawsuit, Court Rules
The complaint, which arose out of Fox News’s promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.The New York Times - Jan. 9 -
Here’s Why Tesla Is Losing to Chinese EV Maker BYD
My latest five-whys analysis looks at Tesla’s sales slump.Inc. - Jan. 9 -
VW strains to hit EU emission targets as EV deliveries tumble
Europe’s largest carmaker hurt by greater competition from rivals in ChinaFinancial Times - Jan. 9 -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - Jan. 7 -
Germany raises record €18.5 billion in carbon emissions trading
Yahoo News - Jan. 7 -
How Austria’s embrace of the far right could fracture the EU centre
Also in this newsletter: The next EU leaders’ meeting searches for a venueFinancial Times - Jan. 6 -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - Jan. 5 -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - Jan. 3
More from The New York Times
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CDC Web Pages and Data Vanish Following Trump’s DEI and Gender Orders
Vague federal directives have led to frantic action, and perhaps overreaction, before a Friday deadline.The New York Times - 4h -
Federal Judge Orders White House to Keep Money Flowing to 22 States
A court in Rhode Island issued a temporary restraining order to block Trump’s directive to defund programs he considers to be “woke.”The New York Times - 3h -
Beneath Trump’s Chaotic Spending Freeze: An Idea That Crosses Party Lines
There is a long, bipartisan history of attempts to rein in spending and address concerns about government inefficiencies, though the parties have grown increasingly divided about what to cut.The New York Times - 7h -
Deadly Crash Focuses Attention on Helicopter Traffic at Reagan Airport
The F.A.A. restricted helicopter routes nearby in the aftermath of the Wednesday collision. For some officials, the concerns about clogged airspace were a long time coming.The New York Times - 1h -
Army Withholds Identity of Helicopter Pilot Killed in Crash
The names of two male crew members were released, but the family of the third aviator requested privacy.The New York Times - 4h
More in Top stories
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6 Feared Dead After Medical Plane Crashes Near Philadelphia Mall
A Learjet crashed around 6:30 p.m. near Roosevelt Mall, officials said. “We are doubtful that there are any survivors,” a spokesman for the plane company said.The New York Times - 5m -
Small plane crashes near Philadelphia mall in fiery explosion
There were reportedly six people on board, according to Transportation Secretary Sean Duffy.ABC News - 5m -
'I'm a circus acrobat - I can't do school holidays'
The number of fines issues for taking holidays during the school term rose to a record 443,322 in England last year.BBC News - 7m -
Over 90% of U.S. airport towers are understaffed, data shows
Less than 10% of the nation's airport terminal towers have enough air traffic controllers to meet a set of standards set by a working group that included the FAA and the controllers' union.CBS News - 8m -
More than 1,100 EPA employees warned of immediate termination
"It's bad. I've been with the agency for over 33 years and I've never seen anything like this," said Marie Owens-Powell, president of the union that represents more than 8,500 EPA employees.CBS News - 16m