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South Korea’s LG Energy to Build $5.6 Billion Battery Plant in Arizona
Business

South Korea’s LG Energy to Build $5.6 Billion Battery Plant in Arizona

Tech Company is the latest foreign battery maker to commit to projects tapping into the energy transition Source link

How Bank Oversight Failed: The Economy Changed, Regulators Didn’t
Finances

How Bank Oversight Failed: The Economy Changed, Regulators Didn’t

On March 8, Silicon Valley Bank and Signature Bank were both, according to public disclosures, “well capitalized,” the optimal level of health by federal regulatory

China Hits Back on TikTok, Says It Doesn’t Ask Companies for Foreign Data
Business

China Hits Back on TikTok, Says It Doesn’t Ask Companies for Foreign Data

World Asia China China’s Foreign Ministry accuses the U.S. of suppressing the popular app Source link

New Electric-Vehicle and Home-Energy Tax Incentives
Finances

New Electric-Vehicle and Home-Energy Tax Incentives

The sweeping energy law Congress passed in August 2022 includes major changes to tax incentives for consumers to electrify their homes and vehicles. These measures

It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.
Finances

It Wasn’t Just Credit Suisse. Switzerland Itself Needed Rescuing.

ZURICH—The chairman of Switzerland’s largest bank received an urgent call last week. On the other end were three top Swiss officials who delivered an ultimatum