Latest in EV Project to Get $6 Billion in Federal Loan
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EV Project to Get $6 Billion in Federal Loan
The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.Business - The New York Times - 18 hours ago -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - October 28 -
Biden gives $6.6B conditional loan to EV-maker
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Biden gives $6.6B conditional loan to EV-maker The Biden administration has preliminarily said ...Politics - The Hill - 11 hours ago -
Biden administration preliminarily OKs $6.6B loan to EV maker Rivian
The Biden administration has preliminarily said it would give a $6.6 billion loan to electric vehicle maker Rivian for a plant in Georgia. The administration said the loan would support the ...Politics - The Hill - 17 hours ago -
Rivian to use Biden administration loan to boost competitiveness of its EVs
Rivian said it will use a $6.6 billion government loan to “aggressively” scale manufacturing of its R2, which is coming in 2026.Business - MarketWatch - 16 hours ago -
Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates
Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.Business - Inc. - October 30 -
6 Common EV Myths and How to Debunk Them
If you have friends and family who are unsure about electric vehicles, here’s a handy guide answering their toughest questions.Tech - Wired - November 16 -
Wall Street Giants to Make $50 Billion Bet on AI and Power Projects
KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.Tech - The Wall Street Journal - October 30 -
Biden administration announces $2.4 billion for new rail projects
The Biden administration announced $2.4 billion in funding for new rail projects Tuesday. Officials are hoping the investment will spur new job opportunities for Americans as they undertake 122 ...Politics - The Hill - October 30 -
How to get a low home equity loan rate this November
There are multiple ways borrowers can secure a low home equity loan interest rate this November. Here are three.Top stories - CBS News - October 29 -
Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused
President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factoryTech - ABC News - 12 hours ago -
30% of federal student loan borrowers have gone without food or medicine, CFPB finds
Thirty percent of student loan borrowers say they've gone without food or medicine due to their monthly bills, the Consumer Financial Protection Bureau finds.Business - CNBC - November 13 -
What will a second Trump term mean for student-loan borrowers? Project 2025 and the Betsy DeVos era offer clues
The president-elect’s approach to student-loan debt is likely to mark a radical departure from the Biden administration’sBusiness - MarketWatch - November 12 -
Real Madrid's Mbappé project isn't getting better; it's getting worse
Another toothless display from Kylian Mbappé and Real Madrid has the European champions staring down a surprise Champions League exit.Sports - ESPN - November 6 -
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Donald Trump at Madison Square Garden: the ultimate daddy projection screen | V (formerly Eve Ensler)
Maybe my own childhood with a narcissistic, abusive, seductive father was what gave me eyes to see Trump for what he is. I went to the Trump rally at Madison Square Garden on Sunday. Or I tried to. ...World - The Guardian - October 29 -
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW's capital to Rivian isn't guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don't always result in long-term successes.Business - CNBC - November 13 -
The British Museum Gets a Giant Gift: $1.27 Billion of Chinese Ceramics
Sir Percival David’s collection, amassed in the early 1900s, includes prized vases and wine cups. “You simply couldn’t build up a collection like this today,” one expert said.Top stories - The New York Times - November 13 -
Arizona Chip Plant Gets $6.6 Billion Ahead of Trump Return
Taiwan Semiconductor Manufacturing’s U.S. unit will get federal money from the CHIPS Act, and will share some profits with the government.Business - Inc. - November 15 -
Bitfinex Hacker Gets 5 Years for $10 Billion Bitcoin Heist
Plus: An “AI granny” is wasting scammers’ time, a lawsuit goes after spyware-maker NSO Group’s executives, and North Korea–linked hackers take a crack at macOS malware.Tech - Wired - November 16 -
Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance
The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.Business - The Wall Street Journal - November 19 -
Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance
The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.Tech - The Wall Street Journal - November 19 -
Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction
The government grant is less than originally expected because the chip giant is also receiving separate funding for defense-related projects.Tech - The Wall Street Journal - 11 hours ago -
RWE Plans $1.6 Billion Buyback Due to Expected U.S., Europe Project Delays
The power utility said risks to offshore wind projects increased following the U.S. election as it warned of delays to its plans off the East Coast due to outstanding permits.Business - The Wall Street Journal - November 13 -
Trump Pick Lutnick’s Firm in Talks With Tether for $2 Billion Bitcoin Lending Project
Cantor Fitzgerald, whose CEO is the secretary of Commerce nominee, has an extensive history with the company that runs the world’s largest stablecoin.Business - Inc. - Yesterday -
CoD: Black Ops 6 Zombies - How To Get The Jetgun Wonder Weapon
Traditional, round-based Zombies return to Call of Duty with Black Ops 6 with two brand-new maps. Each map has a special Wonder Weapon you can use against the hordes, and here we guide you toward ...Tech - GameSpot - October 28 -
Black Ops 6 Gets A Free Bundle For Veteran's Day
From today, Black Ops 6 players can redeem a free bundle celebrating the 15th anniversary of the Call of Duty Endowment (C.O.D.E.), a non-profit foundation that helps veterans in the US and UK. ...Tech - GameSpot - November 12 -
Jones gets triple-double as No. 15 Marquette trounces No. 6 Purdue
Kam Jones had 17 points, 13 rebounds and 10 assists as No. 15 Marquette defeated No. 6 Purdue 76-58 on Tuesday night to snap the Boilermakers’ 39-game regular-season nonconference winning streak.Sports - Yahoo Sports - November 20 -
Oil giant Shell posts $6 billion profit beat, launches new share buyback program
British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.Business - CNBC - October 31 -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - November 1 -
Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.Business - CNBC - November 15 -
Trump’s tax plans: $7,500 EV credit likely to get axed, as tariffs spark anxiety
One tax credit that appears on track for elimination is an Inflation Reduction Act provision that can provide up to $7,500 to buyers of electric vehicles.Business - MarketWatch - November 12 -
NYC Congestion Pricing Plan Gets Federal Approval With Jan. 5 Start Date
The Federal Highway Administration approved the program on Friday, though it could still be stopped by lawsuits. President-elect Donald Trump is also opposed to the plan.Top stories - The New York Times - 4 days ago