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This Part of Bidenomics Needs More Economics
Business

This Part of Bidenomics Needs More Economics

Massive sums are being spent on industrial policy with little guidance from economic theory or research. Source link

New York State Built Elon Musk a $1 Billion Factory. ‘It Was a Bad Deal.’
Business

New York State Built Elon Musk a $1 Billion Factory. ‘It Was a Bad Deal.’

Listen to article (2 minutes) BUFFALO, N.Y.—New York spent nearly $1 billion over the past decade on Elon Musk’s ambitious plan for what was supposed

Canada Public Broadcaster Joins NPR in Quitting Twitter Over Label Uproar
Business

Canada Public Broadcaster Joins NPR in Quitting Twitter Over Label Uproar

Tech CBC says label ‘government-funded media’ in which officials determine editorial content is ‘untrue and deceptive’ Source link

Green Energy Is Stuck at a Financial Red Light
Business

Green Energy Is Stuck at a Financial Red Light

After years of uncertainty, last year’s Inflation Reduction Act finally gave America’s renewable-energy industry a long, green signal. Now the economy is blocking the road.

Green Energy Is Stuck at a Financial Red Light
Finances

Green Energy Is Stuck at a Financial Red Light

After years of uncertainty, last year’s Inflation Reduction Act finally gave America’s renewable-energy industry a long, green signal. Now the economy is blocking the road.

For Chip Makers, a Choice Between the U.S. and China Looms
Business

For Chip Makers, a Choice Between the U.S. and China Looms

Washington seeks to steer the semiconductor supply chain using restrictions under the Chips Act. Source link

Intel, Raytheon, Other Big Companies Push Back on EU Subsidy Rules
Business

Intel, Raytheon, Other Big Companies Push Back on EU Subsidy Rules

WSJ News Exclusive Europe Companies warn new disclosure requirements could disrupt deals, halt public tenders Source link

U.S. and Japan Strike Deal on Minerals Used in Batteries for Electric Cars
Business

U.S. and Japan Strike Deal on Minerals Used in Batteries for Electric Cars

Politics Move aims at China’s supply-chain dominance and Japan meeting requirements on EV subsidies in the U.S. Source link

Europe’s Big Polluters Win Carbon-Credit Windfall
Business

Europe’s Big Polluters Win Carbon-Credit Windfall

Some of Europe’s largest polluters are earning windfalls from the sale of carbon credits. Their profits are an unintended consequence of generous subsidies that make

Pentagon Woos Silicon Valley to Join Ranks of Arms Makers
Business

Pentagon Woos Silicon Valley to Join Ranks of Arms Makers

The Defense Department is seeking to enlist startups in its effort to fund and develop new weapons technology, as the U.S. tries to keep pace