Biden kept a Ford EV battery plant from going overseas. But not everyone is happy about it.
Ford was considering sites outside the U.S. but was lured to Michigan in part because of new federal tax credits that were part of the Inflation Reduction Act.
Bezos snubbed Musk’s SpaceX for huge satellite launch contract, Amazon shareholder says
An Amazon shareholder lawsuit alleges the company snubbed SpaceX for satellite launch contracts because of Jeff Bezos’ personal rivalry with Elon Musk.
Ron Insana cautions against falling for the latest version of the BRICs
The attempt to market BRICs as a global investment play has been an abject failure, Ron Insana says.
White House asks for additional $4 billion for FEMA after Hurricane Idalia, Maui fires
The White House is requesting an additional $4 billion from Congress to bolster funding for FEMA following the Maui wildfires and Hurricane Idalia.
Meta’s WhatsApp is chasing big businesses in effort to finally capitalize on app’s popularity
As Meta tries to justify the $19 billion it paid for WhatsApp almost a decade ago, business messaging is the key.
Florida’s insurance industry is in flux as Idalia cleanup begins
Homeowners face uncertainty amid the upheaval that has emerged in Florida’s insurance industry in recent years.
How Wall Street’s REIT giants are reshaping U.S. real estate
Real estate investment trusts buy and manage commercial-scale properties. In recent years, the industry has repositioned for growth in residential housing.
Trump campaign aide told police officers to ‘go hang yourself’ at Jan. 6 riot
Dylan Quattrucci, the deputy director of Donald Trump’s 2024 campaign in New Hampshire, recorded the expletive-laden video at the foot of the Capitol.
UAW president says union has filed unfair labor practice charges against GM, Stellantis over contract talks
The Thursday filings followed the companies not responding to the union’s demands in a timely matter, United Auto Workers President Shawn Fain said.
SentinelOne CEO says the cybersecurity company is not for sale
SentinelOne wants to keep being a publicly traded company after going public in 2021, although it has underperformed some of its peers this year.