WASHINGTON (AP) — The bipartisan compromise on infrastructure cuts in half President Joe Biden’s call for $15 billion to build 500,000 electric vehicle charging outlets, raising the stakes as the administration seeks to win auto industry cooperation … [Continue reading] about Climate bid faces tricky path over money for electric cars
Nikola founder Milton freed on $100M bail after fraud arrest
NEW YORK (AP) — The founder and one-time executive chair of Nikola Corp. was freed on $100 million bail Thursday after pleading not guilty to charges alleging he lied about the electric and hydrogen-powered truck startup, duping novice investors … [Continue reading] about Nikola founder Milton freed on $100M bail after fraud arrest
US to study internet access for Cubans; more sanctions
MEXICO CITY (AP) — U.S. President Joe Biden will meet with Cuban-American leaders Friday to discuss the recent social protests in Cuba, the possibility of new sanctions on its government and options for providing internet access to the island’s … [Continue reading] about US to study internet access for Cubans; more sanctions
Amazon’s sales growth slows as pandemic shopping surge eases
NEW YORK (AP) — The world’s return to almost normalcy is slowing down Amazon’s pandemic-induced sales surge. The online behemoth on Thursday posted better-than-expected second-quarter profits. But it delivered sales results that came in short of … [Continue reading] about Amazon’s sales growth slows as pandemic shopping surge eases
China’s Didi denies report of plan to buy back shares
BEIJING (AP) — Didi Global Inc. on Friday denied a report by The Wall Street Journal that the ride-hailing service was considering buying back its U.S.-traded shares after its June market debut was disrupted by Chinese government orders to overhaul … [Continue reading] about China’s Didi denies report of plan to buy back shares