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Tesla profits plunge as automaker grapples with slumping EV sales
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Biden administration grants flexibility for automakers in EV tax credit rule
The Biden administration on Friday granted automakers some flexibility on qualifying for electric vehicle tax credits. The new final guidance, issued as part of the 2022 Inflation Reduction Act, incorporates a two-year exemption to provisions of ...The Hill - Politics - Joe Biden -
China's automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.CNBC - Business - China -
As Elon Musk Abandons the $25K Tesla, This EV Costs Just $4,400
Meet the Zhidou Rainbow—it costs less than an ebike and is capable of completing the average US daily commute with charge to spare.Wired - Tech - Elon Musk -
Warren Buffett says AI may be better for scammers than society. And he's seen how
Buffett cautioned the tens of thousands of shareholders at his annual meeting.ABC News - Top stories
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The inspiration for New Orleans' St. Mary's Academy
Henriette Delille, a Creole nun who defied anti-literacy laws to educate slaves, is the first U.S.-born Black person to be considered for sainthood by the Roman Catholic Church.CBS News - Top stories -
St. Louis factory worker gets a stake in her company
Debi Brumit works nights at Potter Global Technologies, a manufacturer in St. Louis, where all the employees have just become part-owners. She talks to Jon Wertheim about what that could mean for her future.CBS News - Top stories -
"A Piece of the Action" | 60 Minutes Archive
Can the logic of corporate finance be applied to the individual? Louis Kelso believed it could. In 1975, 60 Minutes profiled the economist who argued employees should own a stake in the company for which they work.CBS News - Top stories -
Turmoil in Georgia over bill resembling Russian legislation | 60 Minutes
Georgia has been rocked by turmoil over a proposed law in parliament that resembles Russian legislation. It could imperil the country's hopes of EU membership, which 60 Minutes reported on in October.CBS News - Top stories - Russia -
"Lenell Geter's in Jail" | 60 Minutes Archive
In 1983, 60 Minutes correspondent Morley Safer reported on the story of Lenell Geter, a young, successful engineer who was sentenced to life in prison for armed robbery. Safer and producer Suzanne St. Pierre, who died earlier this month at age 88, ...CBS News - Top stories