WASHINGTON (Reuters) – The United States is concerned about China’s ability to flood the electric vehicle market but U.S. incentives can increase the affordability of domestically-made EVs[...]
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March 6, 2024
Fed’s Powell: Don’t expect a soft landing victory lap
By Howard Schneider WASHINGTON (Reuters) – The soft landing, it appears, will not be televised. At least it won’t be announced, declared, or advertised, Federal Reserve Chair Jerome Powell[...]
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US SEC meets to vote on climate rule
By Ross Kerber (Reuters) -Wall Street’s top regulatory body on Wednesday voted 3-2 to adopt rules requiring public companies to disclose certain climate-related risks, in first-of-its-kind regul[...]
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Fed ‘focused and resolute’ on beating inflation, Daly says
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Wednesday said the U.S. central bank is committed to “finishing the job” on attaining price stability, particula[...]
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Stellantis announces major investment plan for Latin America
PARIS (Reuters) – European carmaker Stellantis on Wednesday announced a 5-year investment plan for Latin America, with total planned investments amounting to 5.6 billion euros from 2025 to 2030.[...]
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Meta urged by US states to combat Facebook, Instagram account hijackings
By Jonathan Stempel NEW YORK (Reuters) – Forty U.S. states and Washington, D.C. called on Meta Platforms to crack down on scammers who hijack Facebook and Instagram accounts, to address a[...]
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Exclusive-US regulators expected to significantly reduce Basel capital burden, sources say
By Pete Schroeder WASHINGTON (Reuters) -U.S. regulators are expected to significantly reduce the extra capital banks must hold under a proposed rule that has drawn aggressive pushback from Wall Street[...]
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OpenAI hits back at Musk, says billionaire pushed for merger with Tesla
By Aditya Soni and Abinaya V (Reuters) – OpenAI on Tuesday hit back at Elon Musk’s claims that the startup abandoned its original mission with emails that showed the billionaire supported[...]
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Stellantis extends slowdown at Turin plant due to weak demand
MILAN (Reuters) – Stellantis will extend a period of reduced operations at its Mirafiori complex in Italy due to weak demand for its fully-electric Fiat 500 small car and Maserati models, the UI[...]
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