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Inc. - Business
Treasury Plans Bigger Tax Breaks for EV Charger Installations
A new rule proposed Wednesday by the Treasury Department could mean tax credits of up to $1,000 for individuals and $100,000 for businesses if they install electric vehicle chargers.1 hour ago -
CNBC - Business
Tesla’s Chinese rival Nio cuts price for new Onvo-branded car
There's yet another Chinese electric car aiming to undercut Tesla, with a steeper discount.1 hour ago - China -
Inc. - Business
FBI Interrupts Chinese Hackers Targeting Consumer Devices
The Flax Typhoon campaign used malware it put oncameras, video recorders and home and office routers, to create a massivenetwork of infected computers and commit cybercrimes, the agency says.2 hours ago -
The Hill - Politics
Menendez friends urge judge to weigh ex-senator's public service in sentencing
Friends of former Sen. Bob Menendez (D-N.J.) asked the judge overseeing his federal corruption case to weigh his decades of public service when deciding his sentence next month. In letters to U.S. ...2 hours ago -
The Hill - Politics
GOP lawmakers from Nebraska urge state to flip to winner-take-all electoral system
Republican members of Congress from Nebraska in a Wednesday letter called on their state to apportion all of its five electoral votes to the popular vote winner of the presidential election in the ...3 hours ago -
The Guardian - World
Car industry calls for shift in EU emissions targets amid slowing EV sales
Automotive lobby group warns ‘multibillion-euro fines’ will punish manufacturers without relaxation of rules. Europe’s car industry has called for the relaxation of EU emissions targets after sales ...5 hours ago - European Union -
The New York Times - Business
Chinese Automakers’ Answer to E.U. Tariffs: Build in Europe
BYD, which leads China’s electric vehicle sector, is constructing a plant in Hungary while its Chinese rivals expand through joint ventures in Europe.9 hours ago - China -
Financial Times - World
What the EU’s new competition tsar thinks about Chinese EV tariffs
Also in this newsletter: How the Greens got their man into von der Leyen’s office13 hours ago -
CNBC - Business
Trump Media stock closes at new postmerger low on eve of 'lockup' expiration
Shares of Trump Media reached new all-time closing lows the day before "lockup" restrictions on selling company stakes expires.21 hours ago - Donald Trump -
ABC News - Tech
Justice Department disrupts vast Chinese hacking operation that infected consumer devices
FBI Director Chris Wray says the FBI has disrupted a group of hackers working at the direction of the Chinese government who targeted universities, government agencies and other organizations21 hours ago -
The Hill - Politics
In Norway, EVs now outnumber gas-powered vehicles
In Norway, electric vehicles (EVs) now outnumber gas-powered vehicles, according to latest vehicle registration data from the Norwegian Road Federation released on Tuesday. Norway, a major oil ...22 hours ago -
Inc. - Business
Prosecutors Urge Leniency for FTX's Ellison, Citing Cooperation in Fraud Case
Sam Bankman-Fried's former girlfriend provided key testimony in the massive cryptocurrency fraud case.Yesterday -
The Hill - Politics
Freed Russian dissident Kara-Murza urges more efforts to free political prisoners
Russian political activist Vladimir Kara-Murza called it “a miracle” that he was freed from a Russian prison in an unprecedented prisoner exchange this summer, and said it should encourage ongoing ...Yesterday - Russia -
CBS News - Top stories
Weight of EVs prompts safety concerns about impact of crashes
Guardrails and barriers, typically tested against vehicles weighing around 5,000 pounds, are now being challenged by electric vehicles that often weigh more.Yesterday -
The Hill - Politics
Biden administration proposes wide eligibility for EV charger tax credit
The Biden administration has proposed a rule maximizing the number of electric vehicle (EV) chargers that can qualify for tax credits. Prior to the proposed rule, it was unclear whether the tax ...Yesterday - Joe Biden -
ABC News - World
Chinese aircraft carrier comes closer than ever to Japan
A Chinese aircraft carrier entered an area near Japan's shores for the first time on Wednesday, leading Tokyo to convey its “serious concerns” to Beijing over China’s increasingly assertive ...Yesterday - Japan -
MarketWatch - Business
General Motors to sell adapters to use Tesla’s supercharger EV network
GM offering an approved NACS DC adapter for purchase through its apps.Yesterday -
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Wired - Tech
Did a Chinese University Hacking Competition Target a Real Victim?
Participants in a hacking competition with ties to China’s military were, unusually, required to keep their activities secret, but security researchers say the mystery only gets stranger from there.Yesterday -
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Financial Times - World
Chinese solar panel boom threatens Pakistan’s debt-ridden grid
Industry rushes to switch to clean energy as cost of state power network becomes cripplingYesterday - China -
NBC News - Top stories
Chinese American family meets descendants of the Black couple who rented to them when no one would
The Dong family is selling the historic home and donating $5 million to Black college students — but they wanted the Thompson family to tour the storied home first.Yesterday -
The Wall Street Journal - Business
Musk Vows Legal Action After FAA Urges Fines Against SpaceX
The rocket company’s CEO accuses the Federal Aviation Administration of “regulatory overreach” after the agency alleges the company violated launch regulations.Yesterday - Elon Musk -
The Guardian - World
Berlin’s Watergate nightclub will close with New Year’s Eve last dance
Upmarket Kreuzberg club blames economic pressures, a pandemic hangover and Berlin’s dated image as factors leading to end of 22-year party. Berlin’s Watergate nightclub, one of the institutions of ...2 days ago -
The Hill - Politics
12 Democrats urge quick approval for new gas exports for Ukraine
A dozen Democrats are urging the Biden administration to quickly approve new projects that can ship natural gas to Ukraine and other countries in Eastern Europe. In a new letter sent Friday but ...2 days ago - Ukraine -
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CNBC - Business
Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
From property woes to sluggish economic data, China appears to be suffering from long Covid.2 days ago -
The Wall Street Journal - Business
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.2 days ago - China -
Financial Times - World
UK urged to reform science research funding to compete globally
Report by Lord Mandelson calls for more focus on critical technologies as part of wider industrial strategy2 days ago - United Kingdom -
The Wall Street Journal - World
U.S. Officials Jet to Beijing Amid Flood of Cheap Chinese Exports
In the talks, Washington intends to highlight concerns over China’s manufacturing overcapacity.2 days ago - China -
The Wall Street Journal - Business
Malaysian Glove Makers' Shares Jump as U.S. Plans Higher Tariffs on Chinese Gloves
Malaysian glove stocks surged after the U.S. said it plans to impose higher and earlier tariffs on Chinese gloves, a move likely to ease competition for Southeast Asian manufacturers.2 days ago -
Financial Times - World
From steel to kimchi, South Korean exporters face flood of Chinese rivals
Overproduction, tariffs and weak demand increase competition with a glut of low-cost goods2 days ago - China -
NBC News - Top stories
Meet Douyin, the Chinese version of TikTok adding to ByteDance's big business
Douyin, the Chinese version of TikTok, spurred a creator economy with more than 700 million active users. The social media video app, owned by ByteDance has parental controls and even time limits. ...2 days ago - Tiktok -
Financial Times - World
Why EV investors are tracking Taylor Swift and swing state polls
Investors are betting the US election outcome will have a big impact on sector stocks in Asia2 days ago