Electricity Bills Expected
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The Biden EPA's Plan to Ration Electricity
New rules are designed to eliminate fossil-fuel power plants. Energy scarcity is sure to result.The Wall Street Journal - World - Joe Biden -
Schneider Electric in Talks to Take Control of Bentley Systems
A deal would merge Schneider’s software business with publicly traded Bentley.The Wall Street Journal - Tech -
G7 to target sixfold expansion of electricity storage
Batteries and other solutions aim to store wind, solar and hydropower to make up for intermittent supplyFinancial Times - Business -
The ambitions of China’s BYD stretch well beyond electric vehicles
The company’s global plans range from solar modules and electric buses, trucks and trains to complex transport systems. But is it trying to do too much?Financial Times - Business - China -
Chinese automakers redefine the car as a living space at Beijing Auto Show
The seemingly never-ending efforts of China’s electric car makers to redefine the automobile are on display at the nation’s largest annual auto showABC News - Tech -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
BHP-Anglo American: a quick Q&A
Why now, why not earlier, why ever, at what price, and what it might mean for fertiliser production in North YorkshireFinancial Times - Business -
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
Stellantis boss slams ‘terrible’ UK electric vehicle policy
Carlos Tavares says Britain’s quota regime could bankrupt carmakersFinancial Times - Business - United Kingdom -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
Honda to build $11 billion electric vehicle hub in Canada
Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.CNBC - Business -
Battery Shortages Keeping FedEx and UPS Vans From Going Electric
Fleets of step vans are also in short supply, keeping cargo giants from completing their EV transitions.Inc. - Business -
Stellantis boss slams ‘terrible’ UK electric vehicle policy
Carlos Tavares says Britain’s quota regime could bankrupt carmakersFinancial Times - World - United Kingdom -
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Tesla among electric carmakers forced to cut prices as market stalls
EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary. Elon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, ...The Guardian - World - Tesla -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - Business -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
The 2024 Kia EV9 and the Rivian R1S compared: Which of these 3-row electric SUVs is better?
These two midsize SUVs carry up to seven passengers and offer plenty of range, but they are designed to do different things.MarketWatch - Business -
Battleground state Pennsylvania gets first electric school buses funded by Biden admin
Pennsylvania received its first electric school buses funded by the Biden administration on Thursday, an effort in the critical battleground state that is expected to highlight the president’s climate agenda. First Student, which is the leading ...The Hill - Politics - Joe Biden -
Study finds electric vehicles lose value more quickly than gasoline-powered cars
In what could be a troubling sign for the electric vehicle market, a recent study found that prices of used EVs dropped far more than comparably aged gas-powered vehicles. NBC News' Christine Romans reports.NBC News - Top stories -
Tesla founder Elon Musk visits China as competitors show off new electric vehicles
Tesla founder and CEO Elon Musk has met with a top government leader in the Chinese capital, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto showABC News - Top stories -
Energy-guzzling artificial intelligence has become the new driver of growing demand for renewable electricity, but supply can't keep up.
Energy-guzzling artificial intelligence has become the new driver of growing demand for renewable electricity, but supply can’t keep up.The Wall Street Journal - World -
Comcast earnings beat expectations as Peacock losses narrow
Comcast scored a profit beat for the latest quarter, and that seemed to be overshadowing another drop in broadband subscribers.MarketWatch - Business -
U.S. Natural Gas Futures Lose Ground on Storage Surplus
U.S. natural gas futures added to the previous day’s losses as a weekly inventory report showed a larger-than-expected build in natural gas storage.The Wall Street Journal - World -
Gilead’s quarterly loss is narrower than expected
Gilead Sciences Inc.’s stock dipped 0.2% in after-hours trading Thursday, after the drug company’s adjusted first-quarter profit was narrower than expected.MarketWatch - Business -
Microsoft’s cloud sales receive a boost from AI
Tech group’s shares up 3% a day after better than expected earnings reportFinancial Times - Business - Microsoft -
Anne Hathaway on ‘The Idea of You’ and Letting Go of Expectations
On the debut of ‘The Interview,' the actress talks to David Marchese about learning to let go of other people’s opinions.The New York Times - Top stories -
China continues to encourage unprofitable carmakers to oversupply the market, aiming to boost economic growth, preserve jobs and expand Beijing's role in the electric-vehicle business.
China continues to encourage unprofitable carmakers to oversupply the market, aiming to boost economic growth, preserve jobs and expand Beijing’s role in the electric-vehicle business.The Wall Street Journal - World - China -
New-car sales expected to tick higher as inventories, and deals, are on the rise
2024 is shaping up to be the best for new-car sales since 2019.MarketWatch - Business -
What to expect from Supreme Court's presidential immunity arguments
NBC News Legal Analyst Joyce Vance joins Meet the Press NOW to discuss what to expect as the Supreme Court is set to hear arguments on former President Donald Trump’s presidential immunity claims.NBC News - Politics -
Rubrik prices IPO at $32 per share, above the expected range
Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.CNBC - Business -
What to expect when Trump "hush money" trial resumes Thursday
Testimony is expected to resume Thursday in former President Donald Trump's New York criminal trial. CBS News legal analyst Rikki Klieman joins with more.CBS News - Top stories - Donald Trump -
Rubrik prices its IPO at $32, above expected range
Rubrik Inc. priced its initial public offering late Wednesday at $32 a share.MarketWatch - Business -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - World -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech