Latest in Dodge maker Stellantis and China's CATL team up to build $4.3 billion EV battery plant in Spain
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Khanna: Excluding Musk, Tesla from California EV credits 'just foolish'
Rep. Ro Khanna (D-Calif.) criticized California for a recent proposal that would cut Tesla out of receiving electric vehicle (EV) credits during a Tuesday appearance on CNBC. “California having ...The Hill - Dec. 3 -
Hegseth dodges questions on alleged sexual, financial misconduct
Pete Hegseth, President-elect Donald Trump's pick for secretary of defense, dodged more questions on alleged sexual and financial misconduct carried out while he served as the head of a veterans' ...CBS News - Dec. 3 -
Amazon Is Building a Mega AI Supercomputer With Anthropic
At its Re:Invent conference, Amazon also announced new tools to help customers build generative AI programs, including one that checks whether a chatbot’s outputs are accurate or not.Wired - Dec. 3 -
German company caught smuggling chemical plant to Iran
Aiotec GmbH agrees $14.5mn settlement with US after disguising shipment of dismantled polypropylene facilityFinancial Times - Dec. 3 -
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.Inc. - Dec. 3 -
Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits
Company is at loggerheads with Italian government, which claims it has not invested enough in the country. Business live – latest updates The Italian prime minister, Giorgia Meloni, has said ...The Guardian - Dec. 3 -
A Trump-Biden tag-team can make our Ukraine and China policies great again
Trump has a choice of either burnishing or blemishing his foreign policy record, and instead can chart a uniquely new course that will put him on the heroic side of history.The Hill - Dec. 3 -
Playgama raises $3M to build the go-to HTML5 game distribution platform
Playgama has raised $3 million to fund its HTML5 gaming distribution platform, where devs can get their games to as many players as possible.VentureBeat - Dec. 3 -
Pakistan's Reliance on Chinese-Built Power Plants Is Strangling Its Economy
Pakistan turned to Beijing to solve a crippling energy shortage. Now, the country is crushed by debt and sky-high energy prices—and its economy is spiraling.The Wall Street Journal - Dec. 3 -
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Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
Jaguar Type 00 EV: Price, Specs, Availability
Bypassing 90 years of heritage and unashamedly looking unlike anything else on the road, the brand's radical relaunch EV could be as polarizing as the ad campaign that preceded it.Wired - Dec. 3 -
Chip war ramps up with new US semiconductor restrictions on China
Biden administration broadens limits on Chinese access to advanced microchip technology, with Donald Trump expected to go even further . The US has announced new export restrictions targeting ...The Guardian - Dec. 3 -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
G.M. Will Sell Stake in EV Battery Plant to LG
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.The New York Times - Dec. 2 -
Young has gone from borderline bust to possible building block
The former No. 1 overall pick has played well since returning from his early-season benching. Now the Panthers need to start building a winning team around hm.Yahoo Sports - Dec. 2 -
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Kids worked overnight shifts at pork processing plant, feds find
Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.CBS News - Dec. 2 -
Passengers in fatal bus crash near French ski resort were mostly Colombian nationals living in Spain
Colombian officials say most of the victims of a bus crash in Southern France, in which two people were killed and dozens were injured, are citizens of the South American country, who reside in SpainABC News - Dec. 2 -
Why Stellantis’ chief executive Carlos Tavares was axed
Portuguese boss refused to budge on pace of EV transition as cries from suppliers, workers and government grew louderFinancial Times - Dec. 2 -
Spain’s prime minister is battling legal cases he calls a smear campaign. Here's what to know
Spanish Prime Minister Pedro Sánchez has been reelected as secretary-general of his Socialist Party over the weekend despite corruption probes besetting his inner circleABC News - Dec. 2
