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Biden Administration Grants $2 Billion to Boost EV Production Across Eight States

Biden Administration Grants $2 Billion to Boost EV Production Across Eight States

The United States government is providing approximately $2 billion in assistance to eleven car companies, including General Motors and Stellantis, aimed at bolstering electric vehicle production and expanding assembly facilities across eight states.


Rare Stegosaurus 'Apex' Fossil To Be Auctioned For $4-6 Million at Sotheby’s in New York

The near-complete fossilized remains of a 161-million-year-old stegosaurus named "Apex" will be auctioned at Sotheby's annual Geek Week series. The estimated sale price is between $4 million and $6 million.

Palestinians Accuse Microsoft of Unfairly Shutting Down Their Accounts, Disrupting Their Communications

Microsoft allegedly shut down accounts of Palestinians abroad, making them unable to connect to online services, including Skype, for communication with Gaza.

Grab's Trans-Cab Takeover Could Stifle Competition, Competition Watchdog Warns

The CCCS warns that Grab's proposed acquisition of Trans-cab could lead to unfair market dominance in Singapore's ride-hailing sector, reducing competition and boosting driver shortage.


Latest News

US Plans to Buy Up to 4.5 Million Barrels of Oil for Strategic Petroleum Reserve
The US Energy Department plans to buy up to 4.5 million barrels of oil to replenish the Strategic Petroleum Reserve (SPR).
Tesla Increases Model 3 Prices in Europe Over China EV Tariffs
Tesla has increased the price of its Model 3 cars in European countries like Germany, the Netherlands, and Spain.
Robotaxi in China Pushes Local Government to Restrict Traditional Ride-Hailing Taxi
China's push to implement robotaxis gains favor from the public but sparks job security concerns among traditional taxi drivers, especially with Baidu's plan to expand its fully driverless fleet in major cities.
Elon Musk's Neuralink Says Tiny Wires in First Human Patient's Brain Chip Now Stable
Elon Musk's Neuralink has announced that the tiny wires in the brain chip implanted in its first trial participant are now stable.
US Sanctions Are Compromising Russian Imports of Chinese Cars
US sanctions have created obstacles for Russian imports of Chinese cars. US sanctions have created obstacles for Russian imports of Chinese cars, which have been crucial for the domestic market in recent years.
US FTC to File Lawsuit Against 3 Biggest Prescription Drug Middlemen Over Insulin Prices: Report
The US Federal Trade Commission (FTC) is reportedly filing a lawsuit against the three biggest prescription drug middlemen over insulin prices.
UK Unveils New Stock Market Listing Rules to Simplify, Streamline the Process
As UK IPOs declined, the Financial Conduct Authority (FCA) has proposed new regulations for stock market listings.
New York Hotels Will Not Be Permitted to Use Small Shampoo and Lotion Bottles — Here’s Why
Hotel guests in New York will no longer be able to receive "hospitality care" goods like shampoo and lotion in small bottles.
BMW Recalls Over 390,000 US Cars Over Potential Issues With Takata Airbags
BMW has issued a recall for 394,000 cars in the US because of defective Takata airbag inflators that might cause severe or fatal injuries.
Sonic Manager Fatally Shot in Drive-Thru After Dispute With Customers Over Fake Money
A 33-year-old night manager at a Sonic restaurant in San Antonio, Texas, was tragically shot and killed during a dispute with customers over counterfeit money while working in the drive-thru.
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