By Ernest Scheyder (Reuters) – Piedmont Lithium Inc’s first steps toward securing lithium supplies will be in Quebec or Ghana, not the United States, as an intensifying North Carolina regulatory review delays the miner’s goal of anchoring America’s electric vehicle battery renaissance. The delay has forced Piedmont to expand its strategy beyond its proposed North…
By Jeffrey Dastin LAS VEGAS (Reuters) – Amazon.com Inc wants to give customers the chance to make Alexa, the company’s voice assistant, sound just like their grandmother — or anyone else. The online retailer is developing a system to let Alexa mimic any voice after hearing less than a minute of audio, said Rohit Prasad,…
(Reuters) – The U.S. Federal Reserve should raise interest rates above 3% by the end of this year and then reassess how much more it needs to do to bring inflation down in part due to the tightening impact of the central bank reducing its balance sheet in tandem, Philadelphia Fed President Patrick Harker said…
Desperate times call for desperate measures. In a surprising move, Germany announced it would restart coal-fired power plants and offer incentives to companies to curb natural gas consumption. The move comes following news last week that Russia curbed some of its natural gas exports to the country. Russian energy giant Gazprom said the natural gas…
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) – U.S. President Joe Biden has publicly criticized oil and gas executives for banking big profits from high gasoline prices but he has rarely spoken directly to the heads of energy companies or their representatives, White House records and interviews with industry sources show. Biden said at…
PARIS (Reuters) – Carmaker Stellantis will halt production at its Rennes-La Janais Citroen plant in Brittany July 3 due to a chip shortage, a spokesperson told Reuters on Wednesday, confirming French media reports. Another production halt at the Sochaux Peugeot plant in eastern France was extended until the end of next week, Stellantis added, also…
By Chibuike Oguh NEW YORK (Reuters) – Private equity firm TPG Inc agreed to acquire all the outstanding shares of Convey Health Solutions Holdings it does not already own, in an all-cash transaction announced on Tuesday. TPG, which currently owns about 75% of Convey Health, will pay $10.50 per share in cash for the Fort…
NEW YORK (AP) — Walmart is expanding health care coverage for employees who want to enlist the services of a doula, a person trained to assist women during pregnancies, to address racial inequities in maternal care. After first offering doulas to employees in Georgia last year, the nation’s largest retailer said Wednesday that it will…
BRUSSELS (AP) — European Union lawmakers stepped up the fight against global warming Wednesday by requiring deeper emission cuts from power plants, factories and planes in the EU and by endorsing an unprecedented import tax. The European Parliament advanced draft climate legislation that would slash the EU greenhouse gases by at least 55% in 2030…
MOSCOW (Reuters) -Alphabet’s Google faces a second fine of 5-10% of its turnover in Russia for what the state communications regulator said on Wednesday was a repeated failure to delete banned content, including “misleading information” on YouTube about events in Ukraine. Russian bailiffs in May seized more than 7.7 billion roubles ($143 million) from Google…
